Stuart FL 34997 Residential Market Report September 2015

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

There are currently 277 active listings (Increased by 30 homes from August).

174 Residential sales are pending and awaiting close or lender approval (Increased by 19 homes from August).

81 Homes Sold in September (Increased by 2 homes from August)

The Stuart Florida Residential Market for ZIP Code 34997 remains one of the strongest local markets. For September we had a very welcome increase in inventory that should help maintain strong sales numbers for the foreseeable future.

The current one month absorption rate increased slightly to 3.4 months (was 3.1 months for August). Most of this increase is due to the stronger inventory numbers and we still remain in a very strong seller’s market for the 34997 zip code area of Stuart, FL. Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.

The 2014 numbers for September, were: 351 active listings, 154 pending listings and 87 closed sales. With the reduced inventory of this year, we are starting to fall behind as compared to last year’s inventory.

Stuart FL 34997 Residential Market Report September 2015

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Stuart FL 34997 Residential Market Report September 2015

Another Vista Pines Condo Sold

10.13.15 by Gabe Sanders

Another Vista Pines Condo Sold

2600 SE Ocean Blvd. Suite JJ-16 has been sold by the Gabe Sanders BlueWater realty team in Stuart FL. This attractive and affordable 1 bedroom condo in the heart of Stuart sold for $45,000.

Check out this light and bright 2nd floor condo in desirable Vista Pines. Amenities include a newer carpet, a/c, dishwasher and garbage disposal. Lots of storage including a walk in closet/pantry. This unit is towards the front of the complex making it close to everything: Fresh Market, library, medical facilities and doctors, restaurants, shopping, the beaches, and more. This is an Active 55+ community with lots of activities in the clubhouse: including, pool tables, workshop, exercise room, a heated pool and shuffleboard courts. What a great place to live!

View additional pictures of this Affordable Stuart Condo in Vista Pines.

More pictures and information about this affordable Stuart Condo in Cedar Pointe

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Another Vista Pines Condo Sold

Stuart FL 34996 Condo Market Report September 2015

10.12.15 by Gabe Sanders

Stuart FL 34996 Condo Market Report September 2015

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

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

There are currently 76 active condo listings (Down by 2 condos last month).

41 Condo sales are pending and awaiting close or lender approval (Decreased by 12 condos from August).

29 Condos Sold in September (Increased by 9 condos from August)

The Stuart FL 34996 Condo Market is bucking the trend for the off season with increased activity for September. As we head into the off season for condo sales, this segment of the Stuart condo market has seen some very strong activity, though the greatly reduced active inventory is cause for some serious concern. This will impact future numbers if we don’t see more units come on the market soon.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 plunged to 2.6 months from August’s 3.9 months. Continuing as a very strong sellers market. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for September 2014 were: 147 active listings, 37 pending sales and 28 closed sales. Stronger activity this year as compared to last with significantly less inventory.

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Stuart FL 34996 Condo Market Report September 2015

Stuart FL 34996 Residential Market Report September 2015

10.11.15 by Gabe Sanders

Stuart FL 34996 Residential Market Report September 2015

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

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

There are currently 136 active listings (Down by 3 homes from August).

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

12 Homes Sold in September (Decreased by 2 homes from August).

The 34996 zip code area of the Stuart Florida residential real estate market continues to struggle a bit, especially when compared to the neighboring zip codes. There are many luxury properties in this area and it’s not uncommon for these to take a bit longer to sell than the more modestly priced homes in other areas.

The one month absorption rate for the 34996 zip code area of Stuart Florida for September continued its decrease to 11.3 months as compared to August’s atrocious 9.8 months. A strong buyers market for this section of Martin County. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for September of 2014 were: 155 active listings, 32 pending sales and 7 closed sales. Sales volume and activity while not robust for the 34996 zip code area continues to outperform last years numbers.

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Stuart FL 34996 Residential Market Report September 2015

Stuart FL 34994 Condo Market Report September 2015

10.10.15 by Gabe Sanders

Stuart FL 34994 Condo Market Report September 2015

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

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

There are currently 71 active condo listings (Down by 5 condos from August).

35 Condo sales are pending and awaiting close or lender approval. (Increased by 8 condos from last month)

11 Condos Sold in September (Down by 3 condos from August).

The Stuart FL 34994 Condo market while still active is showing reduced activity as we head into the off season. The low inventory levels is quite apparent and I’m hoping this will reverse in the coming months or at latest by early next year. Though even with the low inventory, pending sales increased for the month indicating better closed activity for the near future.

The one month absorption rate increased to 6.5 months compared to last month’s 5.4. Slipping into a balanced market for the 34994 Stuart zip code condo area after many months of being a strong 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 September the numbers were 95 active listings, 42 pending sales, and 20 closed sales. Better activity last year. Though the greater inventory is probably a large factor in this.

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

Stuart Florida Market Report ZIP Code 34994 Residential September 2015

10.09.15 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34994 Residential September 2015

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

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

There are currently 57 active listings (Increased by 5 homes from August)

28 Residential sales are pending and awaiting close or lender approval (Increased by 7 homes from last month).

12 Homes Sold in August (Up by 3 homes from August)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida improved from last month. All tracked market activities increased for September. It’s good to see an increase in inventory. Hopefully this will continue.

The one month absorption rate for the 34994 zip code for September decreased to 4.8 months from last months 5.8 months, 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 September 2014 numbers were 62 Active Listings, 40 pending sales and 20 closed sales. Better activity last year, but also with greater inventory.

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Stuart Florida Market Report ZIP Code 34994 Residential September 2015

Sewalls Point Single Family Market Report September 2015

10.08.15 by Gabe Sanders

Sewalls Point Single Family Market Report September 2015

Sewalls Point Real Estate Snapshot, Residential Sales for September 2015

There are currently 54 active listings (Down by 5 homes since last month)

15 home sales are pending and awaiting close or lender approval (Decreased by 1 homes from August)

5 Homes sold in September (Up by two sales from August)

The single family real estate market in Sewalls point continues to struggle, though there was some improvement for this month as compared to the last few reporting periods. Sales appear to be picking up in Sewalls Point and at a good price point for both buyers and sellers.

The current absorption rate dropped to 10.8 months, in August it was 19.7 months. Still a buyers market for Sewalls Point. With pending sales rising, this may be an excellent time for buyers to take advantage of the Sewalls Point residential market. 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 September of 2014, the inventory was 45 homes on the market, 7 pending sales and there were no closed sales. Better activity this year for the Sewalls Point single family home market.

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Sewalls Point Single Family Market Report September 2015

Palm Pointe and Palm Isles October 2015 Market Report

10.07.15 by Gabe Sanders

Palm Pointe and Palm Isles October 2015 Market Report

There are currently 4 active listings in Palm Pointe and Palm Isles. list prices are from $214,120 up to $324,990 with an average list price of $260,752 which is equal to $133.94 per sq. ft. of living area.

At this time, there are 4 homes under contract which have not closed yet. List prices range from $229,000 and $334,750 with the average list price of $288,375 which works out to $137.92 per sq. ft. of living area. These homes were on the market for an average of only 11 days prior to going under contract.

7 homes have sold in the past 12 months. Sales price ranged from $143,000 to $240,000 with the average sales price of $207,696 which is $112.01 per sq. ft. of living area. These homes were on the market for an average of 59 days prior to going under contract and sold at an average of 94% of list price.

Palm Pointe and Palm Isles are adjoining communities in Palm City just east of High Meadow Rd between Martin Downs Blvd and Martin Hwy. These gated communities are conveniently located close to both Florida’s Turnpike and I-95 making it a great location for those who commute to parts north or south for work, yet want to take advantage of the great school system and amenities that Martin County has to offer. Also within easy reach of shopping, restaurants and medical facilities as well as the many boat ramps and Marinas of Martin County.

There are a total of 128 homes that were built from 1990 through 1996 for Palm Pointe and 1999 to 2001 for Palm Isles. These two communities share a community pool, tennis courts and a playground.

Homes range in size from 2 bedroom, 2 bathroom homes of around 1,400 sq. ft. of living space plus a two car garage, up to 4 bedroom, 4 bath homes of around 2,400 sq. ft. plus garage. Many homes in these communities have their own private pools and a lucky few have wonderful lake views.

As of October 2015 HOA fess were just over $200 a month and this community allows large pets and rentals. There are vehicle restrictions for commercial trucks.

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Palm Pointe and Palm Isles October 2015 Market Report

The Falls of Jensen Beach October 2015 Market Report

10.06.15 by Gabe Sanders

The Falls of Jensen Beach October 2015 Market Report

For the beginning of October 2015 there are 6 homes available for sale in the Falls of Jensen Beach. Listing prices range from $475,000 to $549,000 for an average asking price of $501,403 or $148.88 per sq. ft. of living area.

There is one home under contract which has not completed the sales process (closed). The list price of this home is $498,960 or $130.17 per sq. ft. of living area. This home was on the market for 83 days prior to going under contract.

In the past 12 months, 21 homes have sold in the Falls of Jensen Beach. Sales prices ranged from $325,000 up to $669,000 for an average sales price of $481,356 which is equal to $152.23 per sq. ft. of living area. These homes averaged 93 days on market before going under contract and sold on average for 98% of listed price.

A newer Kolter community located just north and west of the Treasure Coast Mall in Jensen Beach FL. This is a gated community with spacious lots, many of which have serene preserve or lake views from the back patio and yard.

The Falls is in a wonderful location close to shopping, restaurants as well as professional services and only a few minutes to the beaches and waterways that Martin County has to offer. Children living in the falls have the privilege of attending Martin County ‘A’ rated schools. Currently these are the Jensen beach Elementary school, Stuart Middle school and the Jensen Beach High school.

Construction in the Falls began in 2006 and all of the 130 lots have now been built, with the latest homes just recently completed in 2015. As of this writing there are only two new homes available from the builder, but re-sale homes have been coming on the market at a fairly steady rate.

Homes sizes in the Falls range from 4 bedroom, 3 bathroom homes of 2,236 sq. ft. of living area up to 5 bedroom, 4 bathroom homes with just under 4,500 sq. ft. under AC. The majority of the homes in the falls have 3 car garages. Homes range from single story ranch style designs to two story homes and many have private pools.

Since this is a newer community, all homes meet the latest building codes for hurricane and wind protection and most homes also feature updated kitchen with granite countertops.

The HOA fee (as of September 2015) is $218 per month and includes your landscape and lawn service, basic cable TV as well as security and the common areas. There is no community pool or clubhouse in the Falls.

Here are the currently available homes in the Falls of Jensen Beach

Those interested in new construction in the Falls, please call us for our special builder rebate program (772) 323-6996.

Atlantis Condos on Hutchinson Island October 2015 Market Report

10.05.15 by Gabe Sanders

Atlantis Condos on Hutchinson Island October 2015 Market Report

There are currently 6 condos on the market in Atlantis. List prices range from $189,900 to $299,000 for an average list price of $226,566 which equates to $196.17 per sq. ft. of living area.

There are 2 Atlantis condos that are under contract that haven’t sold to date. List prices are $125,000 and $158,800 for an average of $141,900 or a per sq. ft. price of $134.76. These two condos went under contract in an average of 69 days.

In the past 12 months, 20 condos have sold in Atlantis. Sales prices ranged from $139,284 to $295,000 with an average sales price of $206,334 or $189.54 per sq. ft. of living area. These condos sold in an average of 144 days and at an average of 94% of list price.

Atlantis Condos on Hutchinson Island in Jensen Beach FL (Saint Lucie County) consists of three buildings. Atlantis ‘A’, Atlantis ‘B’ and Atlantis ‘III’. Buildings A and B were constructed in 1978 and consist of 68 2 bedroom 2 bathroom condos with 1,053 sq. ft. of living space on 7 stories. End units are slightly bigger with wrap around balconies and 1113 sq. ft. of living space. Building III was built in 1982, also with the same number of condos but is slightly larger with 1,151 sq. ft. interior units and 1,258 sq. ft. on the ends.

Condo association fees at the time of this post were in the low $300’s per month for Buildings A & B and the low $400’s for Atlantis III. These three buildings have two pools in between them as well as direct ocean access from the rear of all buildings. Those on floors 3 to 7 enjoy excellent ocean and beach views, while the lower floors have partially blocked views because of the sand dunes. There is ample outdoor parking for all residents as well as two tennis courts and a vehicle wash area.

The Atlantis condos are conveniently located just 1 and ½ miles north of the Jensen Beach Causeway and within an easy drive of shopping, restaurants and all the amenities offered on Florida’s Treasure Coast.

Give the Gabe Sanders Realty team a call or email if you would like more information or wish to see the Atlantis complex in Jensen Beach FL.

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Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Claridge – Dune Walk – Empress – Island Club – Island Crest – Island Dunes – Islandia – 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

Pierpoint Yacht Club October 2015 Market Update

10.03.15 by Gabe Sanders

Pierpoint Yacht Club October 2015 Market Update

There are 5 active listings in Pierpoint at the beginning of October 2015. List prices range from $99,900 to $174,500 with an average list price of $131,440 which equates to a per sq. ft. price of $102.97.

There are two condos under contract which have not closed yet. List prices are $111,000 and $138,500 for an average of $124,750 or $95.96 per sq. ft. of living area. These two condos were on the market for an average of 42 days prior to going under contract.

In the past 12 months, 13 condos have sold in Pierpoint. Sale prices ranged from $40,002 to $170,000 for an average sales price of $93,200 which equals $72.15 per sq. ft. of living space. These condos were under contract in an average of 46 days and sold at an average of 95% of the list price. Buyers should not expect to see these types of low prices for Pierpoint this coming year.

This friendly, active 55+ condominium offers two community pools, grills, shuffleboard, a waterfront clubhouse and dock. First floor, end unit overlooking a peaceful courtyard and pond with a fountain. Clean, freshly painted, vacant unit just perfect for you!

Located in the heart of Stuart and on the shores of the wide Saint Lucie River, the Pierpoint Yacht Club Condominiums is the premier adult community in Stuart, Florida. Extremely well maintained complex of 8 buildings, some of which have magnificent water views.

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

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

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Pierpoint Yacht Club October 2015 Market Update

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October 2015 Update for the Courtyards at Willoughby

10.02.15 by Gabe Sanders

October 2015 Update for the Courtyards at Willoughby

There is only one active listing in the Courtyards at Willoughby for the beginning of October 2015. This condo is listed for $144,900 or for $111.63 per sq. ft. of living area.

There are no properties currently under contract.

In the past 12 months, 10 condos have sold in the Courtyards with sales prices ranging from $112,000 to $175,000 for an average sales price of $129,750 and this equals $105.41 per sq. ft. of living space. These condos sold for an average of 98% of list price in an average of 41 days on market.

The charming townhomes in the Courtyards at Willoughby are located close to Historic Downtown Stuart as well as many other shopping, dining and entertainment areas that Stuart, Jensen Beach and Palm City have to offer.

There are only 44 residences in the Courtyards at Willoughby with four different models to choose from, The Juno, The Jupiter, The Hutchinson, and The Jensen depending on your needs. The models go up to 3 bedroom, 2 bathroom two level homes with 1,532 sq. ft. of living area down to 2 bedroom, 2 bath one level living with 1,125 sq. ft. of living space and some models feature garages. Maintenance fees at the time of this writing (October 2015) run from $350 per month and lower depending on the size of the unit. Up to 1 medium sized pet is allowed.

This community features a swimming pool, with a sundeck and cabana grilling area, and a 24 hour fitness center! The surrounding school district is ‘A’ rated.

As of October 2015 there is only one active listing in the Courtyards at Willoughby. It is a 3 bedroom, 2 bath townhome with a two car garage. The list price is $195,000.

There are three pending listings. All are 2 bedroom units that were listed from $109,900 to $129,000 for an average list price of $115,966 which equals $98.78 per sq. ft. of living area. 2 of these homes are short sales.

In the past 12 months, there have been 7 sales in the Courtyards at Willoughby. Sales prices ranged from $103,100 to $179,900 for an average sold price of $129,750 which was $97.33 per sq. ft. of living area. There were no foreclosures and one shortsale in this group of sales.

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October 2015 Update for the Courtyards at Willoughby

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Orchid Bay Palm City FL October 2015 Market Update

10.01.15 by Gabe Sanders

Orchid Bay Palm City FL October 2015 Market Update

There are currently 6 homes available to purchase in Orchid Bay. List prices range from $469,000 to $599,000. The average listing price is $515,983 which equates to $178.67 per sq. ft. of living area.

2 homes are under contract and awaiting sale. The list prices are $375,000 and $489,000 which average to $432,450 and is $163.54 per sq. ft. of living area. These two homes averaged 180 days on the market before going under contract.

In the past 12 months, 10 homes have sold in Orchid Bay. Sales prices ranged from $350,000 to $559,000 for an average sold price $472,600 which equals $163.26 per sq. ft. of living area. These 10 homes averaged 65 days on the market before the sellers accepted an offer and sold for an average of 94% of the listed price.

One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City Veteran’s Memorial Bridge off of Mapp Road. This gated community of 153 homesites (including only two vacant lots at this time) enjoys spacious private lots of at least a ½ acre with a few properties residing on over 1 acre sites. This planned community was developed by the Tartan land Company in the early 1990’s and all homes are individually constructed by the lot owner’s builder of choice. Consequently this is not a “cookie cutter” community by any means.

Homes range in size from over 5,000 sq. ft. of living area to just over 2,000. From as many as 8 bedrooms down to 3 bedroom homes. Both one and two story residences. Homes were built from 1992 through 2007. Amenities include tennis courts, a picnic and playground area as well as a public gazebo. Numerous lakes and ponds are on this property with many homes enjoying serene water views. Orchid Bay has its own community propane tank so all residents have the option of hooking in for propane utilities if desired.

HOA fees at the time of this writing are $415 per quarter. These fees include maintenance of the roads, trash pickup, common areas as well as basic cable TV service.

Children of Orchid bay attend wonderful schools: Palm City Elementary, Hidden Oaks Middle and Martin County High.

Search here for all available Orchid Bay Homes for Sale

For any questions you may have about Orchid Bay, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Orchid Bay Palm City FL October 2015 Market Update

August 2015 Monthly Market Detail St Lucie County Townhouses and Condos

09.30.15 by Gabe Sanders

August 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The August 2015 Monthly Market Detail St Lucie County Townhouses and Condos continues to gain in some aspects though at a slower pace than the past few months. Closed sales were up 6% from last year (was up 12.6% in July) while new sales under contract (new pending sales) decreased by 13.3% (was down by 3.3% in July).

The median sales price decreased by 9.7% (up 16.1% in July) while the average sales price increased by 19.6% (was up by 16.8% in July).

The inventory of available townhouses and condos decreased by 17 units from last month to 554 properties, which is also down from last August by 18.3%. Current supply of inventory decreased to 5.2 months, from July’s 5.4 months. This is 20% lower than last year. The St Lucie County townhouse and condo market continues as a sellers’ market, typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers. The shortage of inventory is hurting the sales volume and continues to impart strong upward pressure on prices.

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August 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.

August 2015 Monthly Market Detail St Lucie County Townhouses and Condos

August 2015 Monthly Market Detail St Lucie County Single Family Homes

09.29.15 by Gabe Sanders

August 2015 Monthly Market Detail St Lucie County Single Family Homes

August 2015 Monthly Market Detail St Lucie County Single Family Homes showed continuing decreases in volume of sales as compared to last year while prices continue their march higher. Closed sales were down by 5.3% (in July they were up by 7.4%) and new sales under contract (new pending sales) decreased by 12.2% (they were down by 13.4% last month).

Both median and average sales prices continue their gains with increases of 13.5% and 9.7% respectively from last August (For July these numbers were 20.1% and 17.3%). It’s the decreasing inventory that is one factor in the continuing rise in prices.

The inventory of active listings increased in August (from last month) by 35 homes to 1,559, and this is lower than last year’s inventory by 17.3%. The current supply of inventory is only 3.3 months (a 19.8% decrease from last year). The Saint Lucie County single family home market remains a very strong sellers market. We are seeing a reduction in volume of sales because either there isn’t enough inventory available on the market or prices are becoming to high.

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August 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.

August 2015 Monthly Market Detail St Lucie County Single Family Homes

August 2015 Palm Beach County Update

09.29.15 by Gabe Sanders

August 2015 Monthly Market Detail Martin County Townhouses and Condos

09.28.15 by Gabe Sanders

August 2015 Monthly Market Detail Martin County Townhouses and Condos

August 2015 Monthly Market Detail Martin County Townhouses and Condos showed weaker activity from last year as well as last month. Year to year closed sales were down by 14.4% (was down by 11% in July) and new sales under contract (new pending sales) were down by 17.5% from August 2014 (decreased by 10% in July).

The median sales price was up by 33.2% (was up by 14.5% in July) while the average sales price increased by 22% (was up by 15.8% in July) as compared to August of 2014. With so liitle inventory, pressure is high for increasing prices in Martin County.

The inventory of available townhouses and condos has decreased by 37 units to 337 properties from last month, this is 34.6% less inventory than was available in August of 2014. For August there was a 3.1 month supply of inventory (a 39.9% decrease from last year). Continuing as a very strong sellers market for townhouses and condos in Martin County. I am hoping with the increase in prices, many potential sellers will enter the market and bring inventory levels up.

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August 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.

August 2015 Monthly Market Detail Martin County Townhouses and Condos

August 2015 Martin County Update

09.28.15 by Gabe Sanders

August 2015 Monthly Market Detail Martin County Single Family Homes

09.27.15 by Gabe Sanders

August 2015 Monthly Market Detail Martin County Single Family Homes

The August 2015 Monthly Market Detail Martin County Single Family Homes showed some signs of weakness when compared to last year. Year to year closed sales were down by 8% (was up 13.7% in July). New pending sales decreased by 2.4% as compared to August of 2014 (decreased by 3.1% in July).

The median sales price was up by 9.6% from last year (up by 7.5% in July) while the average price increased by 10% (was up by 11.7% last month). Even with decreasing sales, the current lack of inventory is exerting significant upward pressure on single family home prices in Martin County.

The inventory of available single family homes increased from July 2015 by 58 homes to 1003 units this month, and this is also a 22.1% decrease from last August. Current supply of homes is 4.3 months, for July of this year it was a 4.5 months supply. (This is a 33% decrease from last year). The Martin County single family real estate market remains a strong sellers market. We are approaching our slower selling season for the upcoming holidays. It will be interesting to see if we can get any increase in inventory of available homes to sell.

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

August 2015 Monthly Market Detail Martin County Single Family Homes

August 2015 Saint Lucie County County Update

09.27.15 by Gabe Sanders

772-763-8506

Stuart FL 34997 Residential Market Report September 2015

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

Stuart FL 34997 Residential Market Report September 2015

Another Vista Pines Condo Sold

Another Vista Pines Condo Sold

Stuart FL 34996 Condo Market Report September 2015

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

Search Stuart FL Condos by Price Below:

Stuart FL 34996 Condo Market Report September 2015

Stuart FL 34996 Residential Market Report September 2015

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

Stuart FL 34996 Residential Market Report September 2015

Stuart FL 34994 Condo Market Report September 2015

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

Search for Stuart FL Condos by Price Below:

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

Stuart Florida Market Report ZIP Code 34994 Residential September 2015

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

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Sewalls Point Single Family Market Report September 2015

Palm Pointe and Palm Isles October 2015 Market Report

Palm Pointe and Palm Isles October 2015 Market Report

The Falls of Jensen Beach October 2015 Market Report

Atlantis Condos on Hutchinson Island October 2015 Market Report

Pierpoint Yacht Club October 2015 Market Update

Pierpoint Yacht Club October 2015 Market Update

October 2015 Update for the Courtyards at Willoughby

Orchid Bay Palm City FL October 2015 Market Update

Orchid Bay Palm City FL October 2015 Market Update

August 2015 Monthly Market Detail St Lucie County Townhouses and Condos

August 2015 Monthly Market Detail St Lucie County Townhouses and Condos

August 2015 Monthly Market Detail St Lucie County Single Family Homes

August 2015 Monthly Market Detail St Lucie County Single Family Homes

August 2015 Monthly Market Detail Martin County Townhouses and Condos

August 2015 Monthly Market Detail Martin County Townhouses and Condos

August 2015 Monthly Market Detail Martin County Single Family Homes

August 2015 Monthly Market Detail Martin County Single Family Homes

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