Stuart FL 34996 Residential Market Report November 2015

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

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

There are currently 143 active listings (Down by 18 homes from October).

34 Residential sales are pending and awaiting close or lender approval (Up by 17 homes from October).

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

The 34996 zip code area of the Stuart Florida residential real estate market lost most of the increased inventory from last month. Much of it appears to have gone under contract with the increase in the number of pending sales. Unfortunately, closed sales were a bit disappointing.

The one month absorption rate for the 34996 zip code area of Stuart Florida for November continued to slide up to an atrocious 23.8 months as compared to October’s 13.4 months. A very strong buyers market for this section of Martin County. Though, with the big increase in pending sales, this may not be a very long lived phenomenon. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for November of 2014 were: 163 active listings, 31 pending sales and 16 closed sales. Fewer closed sales this year, while having a grater number of pending sales with less inventory.

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

Stuart Florida Real Estate presented by:

the Gabe Sanders real estate team

Stuart FL 34996 Residential Market Report November 2015

Stuart FL 34994 Condo Market Report November 2015

12.11.15 by Gabe Sanders

Stuart FL 34994 Condo Market Report November 2015

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

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

There are currently 96 active condo listings (Up by 9 condos from October).

24 Condo sales are pending and awaiting close or lender approval. (Decreased by 4 condos from last month)

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

The Stuart FL 34994 Condo market retreated a bit in November. While this is not unexpected as we are into the off season for condos, it is still less than last year at this time. Hopefully the increased inventory will result in some better activity as we come into the high season for condo activity.

The one month absorption rate increased to 7.4 months compared to last month’s 5.8. Back into a buyers 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 November the numbers were 90 active listings, 27 pending sales, and 18 closed sales. Our current inventory surpassed last years’ which is a positive sign. Unfortunately closed and pending sales were not as strong as they were last year.

Search for Stuart FL Condos by Price Below:

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

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

Palm City Farms December 2015 Market Update

12.11.15 by Gabe Sanders

Palm City Farms December 2015 Market Update

There are currently 70 homes on the market in Palm City Farms. Listing prices range from $60,000 to $4,900,000. The average listing price comes out to $619,986 (median $527,400) which is a per square ft. of living area price of $225.11 (median $178.11).

There are currently 22 homes under contract awaiting settlement. Listing prices ranged from $40,000 to $1,750,000, for an average of $516,799 which equals $160.00 per sq. ft. of living area. These homes averaged 121 days on the market prior to accepting the current offers.

In the past 12 months, 82 homes have sold in Palm City Farms with sales prices ranging from $20,000 to $813,000 for an average sales price of $327,983 or $135.08 per sq. ft. of living area. These sales averaged for 96% of the last listed price and were under contract in an average of 91 days after being listed.

Homes and Land for Sale in Palm City Farms

If you’re looking for an area of secluded acreage, yet still be close to shopping, entertainment the beach and navigable waterways Palm City Farms may just be the dream setting you are looking for. Prices are currently more affordable than they have been in the past 5 or 6 years.

Beautiful acreage with 5 acre and larger home sites and vacant land abound in Palm City Farms. This is the perfect location for your equestrian needs as well as many other agricultural uses. All within minutes of Martin County ‘A’ rated schools, shopping, beaches and easy access to I-95 and Florida’s Turnpike.

For additional information about Palm City Farms please contact us.

Search for all Palm City farms, Florida Homes and Land for Sale

Palm City Farms December 2015 Market Update

Stuart Florida Market Report ZIP Code 34994 Residential November 2015

12.10.15 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34994 Residential November 2015

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

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

There are currently 61 active listings (Increased by 5 homes from October)

25 Residential sales are pending and awaiting close or lender approval (Decreased by 5 homes from last month).

12 Homes Sold in October (Up by 4 homes from October)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida swing back to an active month prior to the holiday season, with a very nice increase in closed sales. Inventory was up slightly and unfortunately the pending sales ( a sign of potential future activity) dropped a little.

The one month absorption rate for the 34994 zip code for November decreased to 5.1 months from last months 6.9 months, seesawing back and forth for the past few months, now back into a sellers market. A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The November 2014 numbers were 77 Active Listings, 35 pending sales and 11 closed sales. Similar volume of closed sales as to last year, while having a lower inventory and also a lower number of pending sales.

Search here for Stuart Florida Real Estate for Sale

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

Stuart, FL Real Estate

Rental Properties

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

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

Stuart Florida Market Report ZIP Code 34994 Residential November 2015

Sunset Trace Palm City December 2015 Market Report

12.10.15 by Gabe Sanders

Sunset Trace Palm City December 2015 Market Report

As of December 2015, there are only 5 active listings for sale in Sunset Trace. List prices vary from $119,000 to $153,000 with an average list price of $159,900 which equals $109.79 per square foot of living area.

There are currently 5 homes under contract and awaiting settlement. The listing prices range from $102,000 to $139,900 for an average list price of $129,080 which equals $96.57 per sq. ft. of living area. These homes were on the market for an average of 45 days prior to accepting an offer.

In the past 12 months, 44 homes have sold in Sunset Trace. Sales prices ranged from $92,800 to $156,000 for an average sales price of $126,985 which equals $96.99 per sq. ft. of living area. These homes sold for an average of 96% of their final list price and were under contract within 30 days of their lost date.

Just across the street from the Martin Downs Golf Club lies the gated community of Sunset Trace in Palm City, FL. Conveniently located close to Florida’s Turnpike as well as shopping, restaurants and medical facilities. And only a 15 minute ride to the pristine waters of the Atlantic Ocean and the numerous waterways and boating facilities available in Martin County, FL.

Sunset Trace is a DiVosta community of approximately 500 residences. There are four types of homes in this community: DiVosta quad townhomes which feature 2 Bedrooms and 2 and ½ bathrooms with 1,236 sq. ft. of living area; Stamford models, also four townhomes to a building featuring 2 Bedrooms and 2 and ½ bathrooms with 1,1374 sq. ft. of living area; Wellesley models have 3 Bedrooms and 2 Bathrooms in 1,295 sq. ft. and finally the Villas in Sunset Trace offer attached single family homes with 3 Bedrooms, 2 and ½ baths and a one car garage in 1346 square feet of living area.

Sunset Trace was developed and built from 1984 to 1988. It features two community pools, three tennis courts, outdoor racquet and/or handball courts and a full size basketball court. There’s a playground for the little ones as well. This is a lushly landscaped community with a number of lakes and ponds on the grounds making for some great water views.

All ages are welcome in Sunset Trace and children attend Citrus Grove Elementary School, Hidden Oaks Middle School and Martin County High School. The HOA fees run $305 per month, but include exterior and hurricane insurance, basic cable TV, Lawn and Landscaping, pest control and security. Making life in Sunset Trace easy and care free.

Search here for:

Sunset Trace Villas and Townhomes for Sale

Sunset Trace Palm City December 2015 Market Report

Sewalls Point Single Family Market Report November 2015

12.09.15 by Gabe Sanders

Sewalls Point Single Family Market Report November 2015

Sewalls Point Real Estate Snapshot, Residential Sales for November 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 October)

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

The single family real estate market in Sewalls Point had a poor month for closed sales in November, 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 October 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 November 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.

Search below for Sewalls Point Florida Real Estate for Sale

Rental Properties

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

Vacant Land Properties

Residential Properties

Sewalls Point Single Family Market Report November 2015

Beachwalk Condos Indian River Plantation December 2015 Market Report

12.07.15 by Gabe Sanders

Beachwalk Condos Indian River Plantation December 2015 Market Report

There is only one active listings for sale in Beachwalk in early December 2015. The list price for this condo is $434,000 which equals $340.66 per sq. ft. of living area.

There are no condos currently under contract in Beachwalk.

In the past 12 months, 6 condos have sold in Beachwalk. The sales prices ranged from $272,500 to $299,500 for an average sales price of $284,916 which is $212.55 per sq. ft. of living area. These condos sold for an average of 93% of the listed price and also took an average of 234 days on market prior to receiving an acceptable offer.Beachwalk in Indian River Plantation is a condo complex with 56 2 bedroom, 2 bathroom condos of either 1,253 or 1,274 sq. ft. of living area. The Beachwalk complex was built in 1993 making it one of the newer areas of Indian River Plantation on Hutchinson Island.

Beachwalk is only steps away from the beach, tennis courts, and golf course that are available through the Marriott at Hutchinson Island resort beach club. Enjoy evening cocktails and a snack at the Tiki Bar by the beach or take the free tram to the Marriott Hotel for a great meal any time of the day.

All condos in Beachwalk offer a split plan with two master suites each with their own bath. This is a pet friendly community with some buildings allowing up to 2 large pets. Management and Condo fees were around $520 per month at the time of this writing. One assigned parking spot is provided plus extra guest spaces are available for all residents.

Enjoy true resort style luxury living without having to pay luxury prices at the Beachwalk in Indian River Plantation.

Click here to search for available Beachwalk Condos for Sale

Additional Indian River Plantation Condos you may wish to consider:
Bayview – Dunes Club – Fairway Villas – Inlet Village – Lakeside – Ocean House – Ocean Terrace – Plantation Club Villas – Plantation House – 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

Beachwalk Condos Indian River Plantation December 2015 Market Report

Admiralty Condos Palm City FL December 2015 Market Report

12.06.15 by Gabe Sanders

Admiralty Condos Palm City FL December 2015 Market Report

As of December 2015, there there are 3 condos on the market in the Admiralty Condos. Prices range from $425,000 to $600,000 with the average list price being $555,000 which equals $250.60 per sq. ft. of living area.

There are no condos currently under contract and awaiting settlement.

In the past 12 months, 4 Admiralty condos have sold. The sales prices ranged from $500,000 to $650,000 or $222.22 per sq. ft. of living area. These condos sold for an average of 95% of the most recent listing price and were on the market for an average of 184 days prior to an accepted offer that led to the sale.

The Admiralty Condos are situated directly by the beautiful Saint Lucie River are an ocean lover’s haven. Located in desirable Palm City, The Admiralty features large balconies facing the pristine waters of the saint Lucie River with perfect sunrise views. The varieties of 3 and 4 bedroom floor plans come with amenities such as 2 full car garages and additional storage space.

With safety and security in mind, the community is gated and the luxurious and spacious condo’s come equipped with hurricane windows and doors along with a 22 slip protected marina for the residents use. Enjoy the heated pool, clubhouse, meeting room, and exercise room.

Current Condo association fees in the Admiralty range from the $700 to under $900 dollars per month depending on the unit size. There are five buildings which make up the Admiralty condo complex in Palm City, Florida. Three of which were built in 1989-1990. The two newer buildings were completed in 2005. These condos offer unparalleled luxury and spaciousness for the price. Equivalent condos on the Ocean with these amenities are either non-existent or will cost well over $1 million dollars.

The Admiralty is close to fantastic schools such as Martin County High School, Hidden Oaks Middle School, and Bessey Creek Elementary. There are also plenty of restaurants and entertainment areas in and around this wonderful area!

Search here for:

Admiralty Condos Homes for Sale in Palm City Florida

Admiralty Condos Palm City FL December 2015 Market Report

Plantation Club Villas Indian River Plantation December 2015 Market Report

12.05.15 by Gabe Sanders

Plantation Club Villas Indian River Plantation December 2015 Market Report

There are no active listings in the Plantation Club Villas of Hutchinson Island.

There are no currently pending sales in the Plantation Club Villas.

Two condos sold in the Plantation Club Villas in the past 12 months. The sales prices were $225,000 and $305,000 which averages to $265,000 and $199.91 per sq. ft. of living area. These two condos sold for 92$ of the last listed price and were on the market for an average of 524 days before receiving an accepted offer.

The Plantation Club Villas condos of Hutchinson Island in the Indian River Plantation complex of Stuart FL lie next to the pro shop for the golf course. These units were built in 1987 and most have views of lakes, golf course or private preserves.

There are 48 two bedroom two bath condos ranging in size from 1,188 sq. ft. of living area up to 1,430 sq. ft. The Plantation Club Villas is a four story elevator building and has the convenience of under building parking for residents.

Current condo and management fees are around $367 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.

Click here to view available Plantation Club Villas for Sale

Other Indian River Plantation Condos you may wish to consider:
Bayview, Beachwalk, Dunes Club, Fairway Villas, Inlet Village, Lakeside, Ocean House, Ocean Terrace, Plantation House, 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

Plantation Club Villas Indian River Plantation December 2015 Market Report

Beachwood Villas Hutchinson Island December 2015 Market Report

12.04.15 by Gabe Sanders

Beachwood Villas Hutchinson Island December 2015 Market Report

There is currently one active listing in Beachwood Villas of Hutchinson Island. The list price is $299,000 which equals $252.53 per sq. ft. of living area.

There is currently one pending sale in Beachwood Villas. The list price is $185,000 which equates to $156.25 per sq. ft. of living area.

6 condos have sold in Beachwood Villas in the past 12 months. The sales prices ranged from $170,000 to $360,000 which is an average sales price of $263,166 or $239.20 per sq. ft. of living area. These condos sold for an average of 93% of the final listed price and in an average of 150 days on market until there was an accepted offer.

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

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

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

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

Search here for all available Beachwood Villas for Sale

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

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

Beachwood Villas Hutchinson Island December 2015 Market Report

Palm Beach Real Estate Update October 2015

12.03.15 by Gabe Sanders

Palm Beach Real Estate Update October 2015

Market Highlights

“Homes sales are down 0.4 percent year-over-year. Although this is a seemingly insignificant number, it represents the first drop in home sales since March 2014 for Palm Beach County. Also, our tight inventory is starting to ease up ─ months’ supply of inventory is moving in the right direction for the 4^th consecutive month. If this trend continues, we will soon find ourselves in a balanced market that no longer favors sellers. If you are a seller, request a Comparative Market Analysis (CMA) now while buyers are still offering on average 94 percent of original list prices.

Market Detail

In the single family homes sector, we saw declines in the following categories: closed sales, median days on market, and inventory levels. Closed sales decreased 0.4 percent from 1,487 to 1,481 transactions, and median days on market decreased 32.7 percent from 55 to 37 days. Inventory levels were down 5.5 percent from 7,543 to 7,125 active listings and down 17.7 percent 5.7 to 4.7 months’ supply of inventory. Meanwhile, median sale price increased 3.6 percent from $275,000 to $285,000, and average percent of list price received remained unchanged at 94.0 percent.

In the townhouses/condos sector, we saw gains in the following categories: closed sales, median sale price, and average percent of list price received. Closed sales increased 2.9 percent from 1,175 to 1,209 transactions, and median sale price increased 11.5 percent from $130,000 to $145,000. For average percent of list price received, the increase was small, up only 0.7 percent from 92.2 to 92.8 percent. Meanwhile, median days on market decreased 14.3 percent from 56 to 48 days, and inventory levels continued to decline, down 6.1 percent from 6,193 to 5,818 active listings and down 10.6 percent from 5.5 to 4.9 months’ supply of inventory.

Palm Beach Real Estate Update October 2015

St Lucie Real Estate Update October 2015

12.02.15 by Gabe Sanders

St Lucie Real Estate Update October 2015

“As we enter the holiday season, St. Lucie County real estate indicators continue to reflect our surging market. Once again, our closed sales increased, and we continue to gain momentum as median sale price steadily rises along with percentage of original list price received while time on the market decreases. We are truly thankful this season for these positive statistics! said Kathy J. Slusser, Northern Vice President of the Realtors® Association of the Palm Beaches (RAPB).

St Lucie Real Estate Update October 2015

Plantation House Condos Indian River Plantation December 2015 Market Report

12.02.15 by Gabe Sanders

Plantation House Condos Indian River Plantation December 2015 Market Report

There are currently no active listings in the Plantation House of Hutchinson Island.

There are no currently pending sales in the Plantation House.

Five condos sold in the Plantation House in the past 12 months. The sales prices ranged from $312,500 to $432,500 for an average sales price of $373,500 or $261.96 per sq. ft. of living area. These condos sold for an average of 92% of the last listed price and went under contract in an average of 163 days after going on the market.

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.

Click here to view avai lable Plantation House condos for Sale

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

Plantation House Condos Indian River Plantation December 2015 Market Report

Martin County Real Estate Update October 2015

12.01.15 by Gabe Sanders

Martin County Real Estate Update October 2015

“Florida Realtors® report that Martin County single family home sales showed double-digit appreciation in both median and average sale prices for the month of October. The average sale price of $434,249 is up 12.3% compared to October 2014, while the median is up 15.6%, reaching $314,500. Closed sales outpaced last year, too, and our inventory diminished to 1,162 homes, a 7.3% decrease from last year. For the sixth consecutive month, Martin County’s supply of inventory remained below 5 months and is down 18.4% compared to last year. All these figures are the hallmark of a seller’s market, so buyer beware and seek out the assistance of your local REALTOR® to help you navigate the unique challenges of this current real estate market,”

Martin County Real Estate Update October 2015

October 2015 Monthly Market Detail St Lucie County Townhouses and Condos

11.30.15 by Gabe Sanders

October 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The October 2015 Monthly Market Detail St Lucie County Townhouses and Condos had a decreased volume of closed sales. These were down 5.4% from last year (was up 2.1% in September) while new sales under contract (new pending sales) increased by 1.8% (was down by 23.0% in September).

The median sales price decreased by 6.1% (down 5.4% in September) while the average sales price was unchanged (was up by 9.5% in September). Prices have now stopped increasing and are correcting a bot from their previous values.

The inventory of available townhouses and condos decreased by 6 units from last month to 556 units, which is also down from last October by 16.3%. Current supply of inventory remained unchanged from last month’s 5.3 months. This is 16.3% lower than last year. The St Lucie County townhouse and condo market continues as a sellers’ market, though approaching a balanced one. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers. This market is one of the only Treasure Coast segments to see a drop in inventory for October.

Click here to view or download the full report:
October 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.

October 2015 Monthly Market Detail St Lucie County Townhouses and Condos

Buttonwood Condos November 2015 Market Report

11.30.15 by Gabe Sanders

Buttonwood Condos November 2015 Market Report

In late November 2015, there were 2 condos available for sale in Buttonwood on Hutchinson Island in Stuart FL. These two condos were listed for $595,000 and $825,000 for an average of $710,000 which also equals $309.50 per sq. ft. of living area.

No condos are currently under contract in Buttonwood.

In the past 12 months, 2 condos have sold. Sale prices were $433,500 and $621,000 which averages out to $527,250 or $258.58 per sq. ft. of living area. These two sales sold for an average of 85% of list price and went under contract within 81 days of being listed.

Buttonwood Condos on Hutchinson Island

The Buttonwood Condos on Hutchinson Island are some of the most spacious homes available on the ocean. These condos were built in 1983 and offer only 18 residences for discerning customers interested in a luxury ocean front lifestyle. These condos range in size from a 3 bedroom, 4 bath residences of just under 2,300 sq. ft. of air conditioned space plus balconies down to 2 bedroom, 2 bath with over 1,600 sq. ft.

Buttonwood residents enjoy private access to their own beach on the Atlantic, a heated pol and spa, clubhouse and tennis court. Additional amenities include private garages for all units, a vehicle wash area and bicycle storage.

Buttonwood is a pet friendly building with up to 2 large dogs permitted. No rentals are allowed.

Condo and management fees are just over $800 a month. Buttonwood Condos on Hutchinson Island in Stuart FL is located approximately 1 mile north of the Stuart Causeway.

Search here for all Buttonwood condos for Sale

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

October 2015 Monthly Market Detail St Lucie County Single Family Homes

11.29.15 by Gabe Sanders

October 2015 Monthly Market Detail St Lucie County Single Family Homes

October 2015 Monthly Market Detail St Lucie County Single Family Homes showed basically unchanged closed sales from last year with a troubling reduced number of new pending sales. Closed sales were up by 0.4% (in September they were down by 4.3%) and new sales under contract (new pending sales) decreased by 26.8% (they were down by 16.2% last month).

The median and average sales prices however continue their relentless march higher with increases of 14.1% and 16.1% respectively from last October (For September these numbers were 15.3% and 15.6%).

The increasing prices are one possible reason for the welcome increase of inventory. Active listings increased in October (from last month) by 77 homes to 1,675, though this is still lower than last year’s inventory by 8.6%. The current supply of inventory is 3.6 months (a 7.7% decrease from last year). The Saint Lucie County single family home market remains in a strong sellers market. Hopefully, we will once again see increasing volume of sales as the inventory increases.

Click here to view or download the full report:
October 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.

October 2015 Monthly Market Detail St Lucie County Single Family Homes

Islandia Condos November 2015 Market Report

11.29.15 by Gabe Sanders

Islandia Condos November 2015 Market Report

In late November 2015 there were 9 condos for sale in Islandia. List prices range from $239,000 up to $429,000 for an average list price of $332,055 or $246.50 per sq. ft. of living area.

There are 5 condos currently under contract in Islandia. Listing prices were from $249,900 to $429,900 for an average list price of $323,720 which is $234.03 per sq. ft. of living area. These condos averaged 59 days on market before going under contract.

In the past 12 months, 31 Islandia condos have sold. Sales prices ranged from $177,900 up to $410,000 for an average sales price of $292,799 which is equal to $218.54 per sq. ft. These units sold for an average of 95% of list price and averaged 70 days on market prior to going under contract.

The Islandia Condos of Jensen Beach

The Islandia Condos of Jensen Beach on Hutchinson Island consist of two 20 story buildings that were built in 1982. There are 388 total residences in these two buildings which are called Islandia I and II. Very conveniently located to the north of the Jensen Beach Causeway, and is just a short drive away from downtown Jensen Beach, shopping and restaurants.

Condos in Islandia come in large 3 bedroom, 3 bathroom units with 1,929 sq. ft. of living area plus balconies and 3 bedroom, 2 bathroom units with 1,544 sq. ft. as well as 2 bedroom, 2 bath condos with either 1,437 or 1,228 sq. ft. Islandia residents enjoy wonderful amenities that include 2 Oceanside pools, private beach access, BBQ grilling area, Jacuzzi, tennis and bocce courts, and overflow parking with trailer and RV parking spaces. Interior facilities include a large social area with bar and kitchen, billiards, fitness center and steam sauna. There is an office with on-site management and 24 guard gated security.

Islandia I does not allow pets, while those in Islandia II are allowed one pet under 30 lbs. Both buildings allow rentals with restrictions. The condo association fees at the time this is being written are from $1,420 to $1,950 per quarter.

Those looking for a friendly beach community on Hutchinson Island in Jensen Beach should take a look at the Islandia Condo offerings.

Click here for currently available Islandia Condos for Sale

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

October 2015 Monthly Market Detail Martin County Townhouses and Condos

11.28.15 by Gabe Sanders

October 2015 Monthly Market Detail Martin County Townhouses and Condos

October 2015 Monthly Market Detail Martin County Townhouses and Condos is showing weaker closed activity year to year. Closed sales were down by 5.7% (was down by 13.6% in September) and new sales under contract (new pending sales) were down by 12.9% from October 2014 (decreased by 17.4% in September).

Prices continue to increase, though at a greatly reduced rate from the previous two months. The median sales price was up by 4.0% (was up by 13.7% in September) while the average sales price decreased by 2.2% (was up by 10.2% in September) as compared to October of 2014.

The inventory of available townhouses and condos has increased by 31 units to 373 properties from last month. It’s good to see some increased inventory, though this is still 33.5% less than was available in October of 2014. For October there was a 3.4 month supply of inventory (a 26.5% decrease from last year). Still in a strong sellers market for townhouses and condos for Martin County. We are heading into the slower season for condo sales and I expect to see a little more weakening for our market until after the holidays.

Click here to view or download the full report:
October 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.

October 2015 Monthly Market Detail Martin County Townhouses and Condos

October 2015 Monthly Market Detail Martin County Single Family Homes

11.27.15 by Gabe Sanders

October 2015 Monthly Market Detail Martin County Single Family Homes

The October 2015 Monthly Market Detail Martin County Single Family Homes showed better closed volume from last year but a weaker indication for future sales with the pending numbers. Year to year closed sales were up by 13.4% (was down 0.5% in September). New pending sales decreased by 19% as compared to October of 2014 (decreased by 6.6% in September).

Prices continue their upward march. The median sales price was up by 15.6% from last year (up by 7.1% in September) while the average price increased by 12.3% (was up by 40.5% last month). This upward price trend is a bit troubling as it seems to be at much to high of a pace to be sustainable for the long run. I expect some moderation of these increases in the near future.

The inventory of available single family homes increased from last month by 105 homes to 1162 units this month, though this is still 7.3% less than last October. Current supply of homes is 4.9 months, for September of this year it was a 4.5 months supply. (This is 18.4% decrease from last year). The Martin County single family real estate market remains in a sellers market. Though, with increasing inventory, we are headed towards a more balanced market looking at the future.

Click here to view or download the full report:
October 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.

772-763-8506

Stuart FL 34996 Residential Market Report November 2015

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

Stuart FL 34996 Residential Market Report November 2015

Stuart FL 34994 Condo Market Report November 2015

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

Search for Stuart FL Condos by Price Below:

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

Palm City Farms December 2015 Market Update

Stuart Florida Market Report ZIP Code 34994 Residential November 2015

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

Stuart, FL Real Estate

Rental Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

Sunset Trace Palm City December 2015 Market Report

Search below for Sewalls Point Florida Real Estate for Sale

Rental Properties

Vacant Land Properties

Residential Properties

Sewalls Point Single Family Market Report November 2015

Beachwalk Condos Indian River Plantation December 2015 Market Report

Beachwalk Condos Indian River Plantation December 2015 Market Report

Admiralty Condos Palm City FL December 2015 Market Report

Plantation Club Villas Indian River Plantation December 2015 Market Report

Plantation Club Villas Indian River Plantation December 2015 Market Report

Beachwood Villas Hutchinson Island December 2015 Market Report

Beachwood Villas Hutchinson Island December 2015 Market Report

Palm Beach Real Estate Update October 2015

Palm Beach Real Estate Update October 2015

St Lucie Real Estate Update October 2015

St Lucie Real Estate Update October 2015

Plantation House Condos Indian River Plantation December 2015 Market Report

Plantation House Condos Indian River Plantation December 2015 Market Report

Martin County Real Estate Update October 2015

Martin County Real Estate Update October 2015

October 2015 Monthly Market Detail St Lucie County Townhouses and Condos

October 2015 Monthly Market Detail St Lucie County Townhouses and Condos

Buttonwood Condos November 2015 Market Report

Buttonwood Condos on Hutchinson Island

October 2015 Monthly Market Detail St Lucie County Single Family Homes

October 2015 Monthly Market Detail St Lucie County Single Family Homes

Islandia Condos November 2015 Market Report

The Islandia Condos of Jensen Beach

October 2015 Monthly Market Detail Martin County Townhouses and Condos

October 2015 Monthly Market Detail Martin County Townhouses and Condos

October 2015 Monthly Market Detail Martin County Single Family Homes

October 2015 Monthly Market Detail Martin County Single Family Homes

FIND ANYTHING ON OUR SITE

Selected Properties

Recent Posts

Easy Searches

View Local Condos For Sale

View Neighborhoods