South Fork Estates Market Report for September 2015

09.11.15 by

South Fork Estates Market Report for September 2015

There are currently 3 homes for sale in South Fork Estates in Stuart FL.  The listing prices are from $389,900 to $469,900 for an average list price of $416,566 which equates to $183.70 per sq. ft. of living area.

There is one home under contract.  The list price was $309,900 which is equal to $125.11 per sq. ft. of living area.  And, this home was on the market for 66 days before going under contract.  This is a bank owned home.

In the past 12 months, there have been 6 sales in South Fork Estates.  Sales prices ranged from $310,000 to $490,000.  The average sales price was $383,766 which works out to a per square foot of living area price of $161.40.   These homes were on the market for an average of 51 days before going under contract and sold at 96% of the listing price.

Aerial of South Fork Estates in Stuart FL
A unique private community in Stuart, Florida built before land was so expensive that homes had to be placed on top of each other.  All home in South Fork Estates are on 1/2 acre or larger lots, many with serene views of two large lakes located within this community.  Those homes not on the lakes have private preserve views of the Atlantic Ridge.

Home in South Fork Estates in Stuart FL
There are 114 homes in South Fork Estates.  Homes were built from 1992 through as late as 2011.  The majority of the homes are in the 1998 through 2005 years.  Most homes are either 3 or 4 bedrooms with 2 and 3 car garages, ranging in size from around 2,000 sq. ft. of living area to over 3,500.  There are still a few residential lots that are vacant awaiting a home.

Lake in South Fork Estates in Stuart FL

This is a close-knit community with a playground as well as a boat and RV storage area.  Low Homeowners’ association fees of under $50 per month at the time of this writing.

Home in South Fork Estates in Stuart FL

Children living in South Fork Estates attend Crystal Lake Elementary, David L Anderson Middle and South Fork High Schools.

Pool View from South Fork Estates in Stuart FL

Located just off Cove Rd. and Kanner Highways, this community is just minutes from I-95 for commuters.  Shopping and medical facilities are also close by.  And, there are numerous choices for boating access also only a short ride away.

South Fork Estates in Stuart FL - RV and Boat Lot

One of the hidden gems of the Stuart area, South Fork Estates id a great community to call home.

Here are the currently available homes for sale in South Fork Estates

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South Fork Estates Market Report for September 2015

September 2015 Market Report for Martins Crossing

09.10.15 by

September 2015 Market Report for Martins Crossing

There are currently 7 homes and townhomes for sale in Martins Crossing.  Prices range from $167,900 to $417,800 for an average list price of $292,628 which equals $129.04 per sq. ft. of living area.

There are 7 homes under contract.  List prices range from $159,900 to $339,888 for an average list price of $262,762 which is $118.25 per sq. ft. of living area.  On average these homes went under contract in 49 days.

In the past twelve months, 50 homes have sold in Martins Crossing.  Sales prices ranged from $121,800 to $330,000 for an average sales price of $220,26 which equates to $114.95 per sq. ft. of living area.  These homes sold at an average of 96% of listed price and were under contract in an average of 54 days.

Martins Crossing real estate in Stuart FL

Located in the intimate, yet vibrant, city of Stuart near a variety of fine restaurants, cultural outlets and shopping.  September 2015 Market Report for Martins Crossing, boasts of  596 residences with a stunning variety of single family homes and a section of private town homes. This family friendly community was completed around 2006 with mostly newer homes.

 Martins Crossing real estate in Stuart FL

September 2015 Market Report for Martins Crossing community amenities include lush landscaping and with private preserve views,  The Martins Crossing Clubhouse has a sparkling resort style pool, and over sized deck, tennis courts and a playful tot lot all nearby.

Martins Crossing real estate in Stuart FL Martins Crossing real estate in Stuart FL

September 2015 Market Report for Martins Crossing is conveniently located by Kanner Hwy. and Pomeroy Street for easy access to Historic Downtown Stuart, the beaches and waterways of Martin County, restaurants, shopping and quick access to I-95.  All this in a wonderful ‘A’ rated school system.

Martins Crossing real estate in Stuart FL Martins Crossing real estate in Stuart FL

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September 2015 Market Report for Martins Crossing

September 2015 Market Report for Oak Ridge in Palm City

09.09.15 by

September 2015 Market Report for Oak Ridge in Palm City

There are currently only 2 homes available for sale in Oak Ridge in Palm City, FL.  The list prices are $379,000 and $424,900 for an average of $401,950 which is $173.68 per sq. ft. of living area.

There is 1 home under contract and awaiting settlement.  It was listed for $315,000 or $142.21 per sq. ft. of living area and was on the market for 5 days prior to going under contact.

14 homes have sold in Oak Ridge in the past 12 months.  Sale prices ranged from $237,500 to $765,000.  The average sold price was $385,828 which equals $152.38 per sq. ft. of living area.  These homes went under contract in an average of 59 days and sold for 97% of list price.

Located in a quiet tranquil corner of Palm City Florida, the Oak Ridge community of 224 homes is conveniently located close to top rated schools, shopping, I-95 and Florida’s Turnpike, golf courses, cultural activities, parks and beaches. Linked with tree lined streets and cul-de-sacs, homes are located on preserves or water front on lakes or ocean access canals. Enhanced private homesites within a traditional community setting. The gated neighborhood of Oak Ridge offers a 2000 sq. ft. club house, pool, two lighted tennis courts and a deep water ocean access boat ramp. Each house is ideally situated on a lake or preserve property.

There is a mandatory Home Owners Association with reasonable quarterly dues which cover Basic Cable TV, Landscaping and Maintenance of all Common Areas, Gate Maintenance, Property Manager & Reserve Funds. 

Residents of Oak Ridge are in the Martin County School system and currently the assigned schools are Bessey Creek Elementary, Hidden Oaks Middle and Martin County High School.

Only minutes to Pendarvis Cove Park on the shores of the Saint Lucie River. Additional boat ramp and trailer parking and home of the sailing club.

Other close by amenities include lots of great shopping, easy access to Florida’s Turnpike and I-95. Only 15 minutes to the shores of the Atlantic Ocean. Give us a call if you’d like additional information about this wonderful Palm City community.

September 2015 Market Update for Castle Hill Sewalls Point

09.08.15 by

September 2015 Market Update for Castle Hill Sewalls Point

There are currently 3 homes for sale in Castle Hill.  The listing prices range from $759,000 to 2,335,000.  The average list price is $1,397,666 which equals $347.84 per sq. ft. of living area.

There are currently no homes under contract, pending a sale.

In the past 12 months, 4 Castle Hill homes have sold. Sale prices were from $650,000 to $1,150,000 for an average of $811,250 or $230.69 per sq. ft. of living area.  These homes sold in an average of 55 days for 94% of the list price.

Castle Hill Gate

Castle Hill is an exclusive enclave of 46 homes and lots in prestigious Sewalls Point in Stuart Florida.

This community sits in an unparalleled location only minutes from beaches and equidistant from both the Jensen Beach and Stuart causeways.  Close to marinas and launch facilities as well as shopping, restaurants and schools.

Water views

Residents of Castle Hill enjoy the good life with low HOA fees (currently $285 per quarter) and a quiet family friendly neighborhood for year round Florida living.  Homes range from multi million waterfront properties high on the deep Saint Lucie River to half acre and larger dry home fronts with homes now starting in the high $400,000’s.

It’s an easy ride to either downtown Jensen Beach or downtown Stuart from Castle Hill.  Also, just about equi-distant from the public beaches at Jensen and Stuart Beaches.  Only a minute or two to public boat ramps as well as the Olympic Sailing Center and the Indian Riverside Park.  Really a wonderful location which makes Castle Hill such a desired community to call home.

Castle Hill Home

Castle Hill was established in the early 1990’s and remains one of the prime locations to call home on the Treasure Coast.

Children attend Martin County schools and currently are zoned for the Felix Williams elementary, Stuart middle and the Jensen Beach high schools.  These are some of the finest schools in the State of Florida.

Here are the currently available homes for sale in Castle Hill

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September 2015 Market Update for Castle Hill Sewalls Point

Plantation at Sewalls Point September 2015 Market Report

09.06.15 by

Plantation at Sewalls Point September 2015 Market Report

In September of 2015 there are 4 homes listed in the Plantation at Sewalls Point.  List prices range from $1,050,000 to $6,500,000 for an average list price of $3,233,750 which equals $399.51 per sq. ft. of living area.

There are no homes under contract at present in the Plantation at Sewalls Point.

In the past 12 months, there have been no sales in the Plantation at Sewalls Point.

Aerial of the Plantation at Sewalls PointThe Plantation at Sewalls Point is an exclusive private community of only 21 home sites.  There are 10 large estate sized waterfront lots with deep water docks and views of the Saint Lucie River some with magnificent waterfront views of the Saint Lucie River.  11 smaller non-waterfront home-sites on 1/2 to 1 acre sites.  All homes were custom built by individual contractors/builders from 1994 to the early 2000’s.  Plantation Home 4

Some of Martin County’s most elegant homes can be found in the Plantation at Sewalls Point. Conveniently located close to Indian Riverside Park, the United States Olympic Sailing Center, Deep Water marinas, restaurants, shopping and all of this within an ‘A’ rated school system.Plantation Home 2

The HOA fees depend on the size of the property and range from around $900 a quarter to $1,400.  The Plantation at Sewalls Point is one of the most prestigious communities in Martin County and the Treasure Coast of FL.

Plantation Home 1

Entrance

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Plantation at Sewalls Point September 2015 Market Report

 

September 2015 Market Report for Islesworth in Palm City FL

09.05.15 by

September 2015 Market Report for Islesworth in Palm City FL

There are currently 3 homes actively listed in Islesworth in Palm City, Florida.  List prices range from $324,000 to $409,900 for an average list price of $374,600 which is equal to $144.37 per sq. ft. of living area.

No homes are currently under contract in Islesworth.

In the past 12 months, 7 homes have sold in Islesworth.  Sales prices ranged from $285,000 to $434,900 with an average sales price of $351,557 at $125.84 per square foot of living area. These homes averaged 68 days on the market prior to going under contract and sold for 96% of the listing price.

Islesworth Entrance

The Islesworth subdivision in Palm City is a very attractive neighborhood located in the heart of Palm City, FL in a non-gated community off of Route 714 (Martin Highway).  This was a Pulte community with 113 homes being built from 1996 through 1998.  Most homes are on spacious lots from just under to over ¼ acre sites.

Islesworth Lake 1Many homes enjoy serene water views as there are two smaller lakes in this community.  Both single and two story homes with the vast majority being 4 bedroom homes though there are a number of 5 bedroom homes as well as a few 3 bedroom homes.  The current HOA fees are a very reasonable $463.00 per quarter.  The fees include maintenance and insurance of the common areas, roads, reserve funds and basic cable TV.

Homes in Islesworth 3Islesworth is right next door to Hidden Oaks Middle School and only a short bike ride to Palm City Elementary School.  Children in Islesworth go to Martin County High School which is approximately 5 miles away.

Homes in Islesworth 6Close to grocery and other shopping as well as medical facilities and places of worship, Islesworth offers very easy access to most resident’s needs.  For those needing to commute, both Florida’s Turnpike and I-95 are both only a short distance away.


Islesworth Lake 3

Islesworth Playground

Here are the currently available homes in September 2015 Market Report for Islesworth in Palm City FL

 

For any questions you may have about September 2015 Market Report for Islesworth in Palm City FL, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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September 2015 Market Report for Islesworth in Palm City FL

Hammock Creek September 2015 Market Update

09.04.15 by

Hammock Creek September 2015 Market Update

There are currently 8 homes actively listed in Hammock Creek in Palm City, Florida.  Prices range from $379,900 to $674,900.  The average list price is $533,575 at $156.28 per square foot of living area.

There are 4 homes currently under contract awaiting closing.  The list prices range from $314,900 to $560,000 at an average list price is $424,975 which is equal to $146.87 per square foot of living area.  These homes averaged 72 days from list date to being under contract.

In the past 12 months, 49 homes have sold in Hammock Creek.  Sales prices ranged from $305,000 to $570,000 with an average sales price of $411,181 or $143.81 per square foot of living area.  These homes went under contract in an average of 49 days and sold for 96% of lit price.

Hammock Creek is a lovely gated upscale neighborhood consisting of three separate sections, The Sanctuary, The Preserve, and The Estates. The community is centered around the Hammock Creek Golf Course, a Jack Nicklaus designed course. Homes in Hammock Creek consist of one and two stories with square footage ranging from 2000 to over 5000 square feet and prices starting in the low 300’s.Most of the homes sit on generous lots with a view of either the lake, preserve, or golf course.

There are wide paver sidewalks ideal for families who enjoy biking, walking, and jogging. Close to fine shopping, nice restaurants, immediate access to I-95 and the turnpike, and A Rated Palm City schools makes Hammock Creek one of Martin County’s premier neighborhoods.

Low HOA fees ranging from approximately $260 to $390 per month depending on which section one resides .

Depending on which section of Hammock Creek you are in HOA fees run from $285 to $485 per quarter.   The ‘A’ rated Martin County schools that children from Hammock Creek attend are the Palm City elementary, Hidden Oaks middle and Martin County high schools.

Here are the currently available homes in Hammock Creek September 2015 Market Update

For any questions you may have about Hammock Creek September 2015 Market Update, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Hammock Creek September 2015 Market Update

September 2015 Market Update for the Pines and Windemere in Jensen Beach

09.03.15 by

September 2015 Market Update for the Pines and Windemere in Jensen Beach

There are currently 10 homes for sale in the Pines and Windemere in Jensen Beach FL.  Prices range from a low of $238,000 up to $491,000 for an average list price of $359,544 which is equal to $162.17 per sq. ft. of living area.

6 homes are under contract awaiting settlement.  Listing prices range from $280,000 up to $424,000 for an average list price of $346,432 or $140.96 per sq. ft. of living area.  These homes averaged 37 days on the market before going under contract.

It’s been a busy 12 months in the Pines and Windemere with 57 sales having closed.  Sales prices ranged from a low of $170,000 up to a high of $400,000 representing an average sales price of $307,014 which equates to $144.75 per sq. ft. of living area.  These homes were on the market for an average of 68 days before going under contract and sold for 96% of list price.

the Pines and Windemere

Located adjacent to the new Jensen Beach High School, and Felix A. Williams elementary school, among Martin County’s best schools, is only one reason why September 2015 Market Update for the Pines and Windemere in Jensen Beach is so desirable.

Jensen Beach High School

Some residents have stated “sending our children to Felix A. Williams is like having a private school in our own back yard.”  And as far as Jensen Beach High School: “Our Kids can walk to the new High School”.

In addition to the best schools, The Pines is located just a little over 2 miles from the beautiful unspoiled beaches of Hutchinson Island, a fantastic public golf course (Eagle Marsh) is right next door, a regional park that offers little league and soccer and many family attractions.  “we can play golf without the high cost just next door.”

the Pines and Windemere

For others, the best shops of the Treasure Coast Mall with a new 13-plex theater are walking distance and grocery stores are located nearby.

World famous fishing is just a ride away. Stuart is known as the “Sailfish capital of the world.”

the Pines and Windemere

Adjacent to the Pines, is the smaller community of Windemere and the Preserves.  D.R. Horton has recently completed building brand new homes in both the Pines and Windemere subdivisions at some very affordable prices.

Neither the Pines or Windemere offer the amenities of a community pool or clubhouse which keeps the HOA fees quite low at $55.00 and $60.00 a month respectively.

 the Pines and Windemere

When these developments were planned the original intent was to combine the two for ease of access.  However the County decided to nix these plans as they felt that out of area residents would use Windemere Drive as a shortcut between US-1 and Jensen Beach and making a lot of congestion in this community.

For any questions you may have about September 2015 Market Update for the Pines and Windemere in Jensen Beach, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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September 2015 Market Update for the Pines and Windemere in Jensen Beach

Lighthouse Point and Seagate Harbor September 2015 Market Report

09.02.15 by

Lighthouse Point and Seagate Harbor September 2015 Market Report

There are currently 15 homes on the market in Lighthouse Point and Seagate Harbor in Palm City, FL.  From a low price of $419,000 to a high of $949,000 with an average asking price of $682,313 which equals $289.24 per square foot of living area.

There is only one home under contract.   The listing price of this pending home is $899,000 or  $317.20 per square foot of living area.

24 homes have sold in Lighthouse Point and Seagate Harbor in the past 12 months.  Sale prices were from $175,350 to $1,392,500 with an average sales price of $511,795 or $233.91 per square foot of living area.  These homes sold on average in 82 days and at 94% of the listed price.

Lighthouse Point and Seagate Harbor in Palm City FL

A boater’s and sailor’s Delight in an affordable waterfront niche community with deep water dockage! Nature and families are the focus in this desirable community characterized by beautiful homes, parks, nearby golf, restaurants, shopping, and A Rated schools!

Lighthouse Point and Seagate Harbor real estate in Palm City FL

Almost every home has waterfront dockage available in an intricate network of deep water canals. Some select homes with wide views of the Saint Lucie River. A community boat ramp is also available. Everything a boater would want!

Lighthouse Point and Seagate Harbor in Palm City FL

The homeowner’s association is very reasonable at only $50 and $75 per year, most of which goes towards a number of great community get togethers throughout the year. These two neighboring communities are in the ‘A’ rated Martin County school system with local children currently zoned fir Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Lighthouse Point and Seagate Harbor in Palm City FL

There are no fixed bridges to the open Ocean (Only high span 60’ +). The canals are maintained and dredged to a 6’ depth. In recent years sewer and city water have been brought to these communities which has resulted in the transformation starting to take place in this waterfront neighborhood as homes are being torn down or renovated to larger and more state of the art structures.

Lighthouse Point and Seagate Harbor in Palm City FL

Those looking for affordable waterfront in the Martin County area may want to act sooner than later as current prices have been rising rapidly.

Search for available homes in Lighthouse Point and Seagate Harbor

Lighthouse Point and Seagate Harbor September 2015 Market Report

July 2015 Monthly Market Detail St Lucie County Townhouses and Condos

08.31.15 by

July 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The July 2015 Monthly Market Detail St Lucie County Townhouses and Condos showed some strong gains as compared to last year as well as last month.  Closed sales were up 12.6% from last year (was unchanged in June) while new sales under contract (new pending sales) decreased by 3.3% (was down by 5.3% in June).

The median sales price increased by 16.1% (down 17.5% in June) and the average sales price increased by 16.8% (was up by 20.3% in June).  Continuing the trend of price increases in the Saint Lucie County real estate market.

The inventory of available townhouses and condos decreased by 7 units from last month to 571 properties, which is also down from last July by 20.7%. Current supply of inventory decreased to 5.4 months, from June’s 5.5 months. This is 21.3% 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.  Unfortunately, there’s not enough inventory to sustain a strong increase in the number of sales.

July 2015 Monthly Market Detail St Lucie County Townhouses and Condos

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July 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.

July 2015 Monthly Market Detail St Lucie County Townhouses and Condos

July 2015 Monthly Market Detail St Lucie County Single Family Homes

08.30.15 by

July 2015 Monthly Market Detail St Lucie County Single Family Homes

July 2015 Monthly Market Detail St Lucie County Single Family Homes continues to struggle with the volume of sales in this declining inventory market while at the same time showing continued price increases.  Closed sales were up by 7.4% (in June they were down by 7.9%) and new sales under contract (new pending sales) decreased by 13.4% (they were down by 16.7% last month).

Both median and average sales prices continue strong gains with increases of 20.1% and 17.3% respectively from last July (For June these numbers were 18.6% and 18.9%).  These price increases, while good news for sellers, are making single family homes less affordable in the St. Lucie County market area and June be one factor in the reduced volume of closed sales.

The inventory of active listings increased in July (from last month) by 22 homes to 1,594, and this is  lower than last year’s inventory by 16.7%.  The current supply of inventory is only 3.4 months (a 20.1% decrease from last year). The Saint Lucie County single family home market remains in 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.  Though this month’s increase in inventory is a promising sign.

July 2015 Monthly Market Detail St Lucie County Single Family Homes

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

July 2015 Monthly Market Detail St Lucie County Single Family Homes

July 2015 Monthly Market Detail Martin County Townhouses and Condos

08.29.15 by

July 2015 Monthly Market Detail Martin County Townhouses and Condos

July 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 11% (was up by 36.1% in June) and new sales under contract (new pending sales) were down by 10% from July 2014 (decreased by 9.6% in June).

The median sales price was up by 14.5% (was up by 38.0% in June) while the average sales price increased by 15.8% (was up by 42.2% in June) as compared to July of 2014.  Continuing a fairly roller coaster ride of prices this year.

The inventory of available townhouses and condos has decreased by 28 units to 374 properties from last month, this is 30% less inventory than was available in July of 2014.  For July there was a 3.4 month supply of inventory (a 36.9% decrease from last year).  A very strong sellers market for townhouses and condos in Martin County.  Buyers are in need of additional inventory for their potential purchases.

July 2015 Monthly Market Detail Martin County Townhouses and Condos

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

July 2015 Monthly Market Detail Martin County Townhouses and Condos

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Pipers Landing August 2015 Market Report

08.29.15 by

Pipers Landing August 2015 Market Report

Pipers Landing in Palm City FL

There are currently 24 active listings for sale in Pipers Landing.  List prices for these homes range from $115,000 to $1,500,000 for an average list price of $376,433 which equals $111.11 per sq. ft. of living area.

As of this time there are 4 homes under contract which haven’t closed to date.  List prices for these homes ranged from $124,900 to $254,900 for an average of $189,925 which is $58.48 per sq. ft. of living area.

In the past 12 months 19 homes have sold in Pipers Landing.  The sales prices ranged from a low of $20,000 up to $825,000.  The average sales price was $363,142 or $80.12 per sq. ft. of living area.  These sold listings averaged 125 days on the market before going under contract and sold at an average of 79% of the list price.

Pipers Landing in Palm City FL

A true world class golfing community in Palm City with just 302 homes on 600 acres of pristine Florida natural preserve and lushly landscaped grounds.  This is a waterfront community with deep water ocean access dockage that can accommodate yachts up to 75′.
Pipers Landing in Palm City FL

This is an equity golf course community (membership is mandatory).  Championship Joe lee designed course (6,832 yards) offering five different levels of play for all abilities.  Homes include spacious condos to spacious waterfront estate homes.  All this in beautiful Martin County, Florida, which boasts an abundance of beautiful waterways and quaint historic areas to experience and enjoy.

Pipers Landing in Palm City FL

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Pipers Landing August 2015 Market Report

July 2015 Monthly Market Detail Martin County Single Family Homes

08.28.15 by

July 2015 Monthly Market Detail Martin County Single Family Homes

The July 2015 Monthly Market Detail Martin County Single Family Homes continues with good positive gains though not quite as strong as last month.  Year to year closed sales were up by 13.7% (was up 28.8% in June). New pending sales decreased by 3.1% as compared to July of 2014 (increased by 2.1% in June).

The median sales price was up by 7.5% from last year (down by 5.4% in June) while the average price increased by 11.7% (was up by .05% last month).  Back into positive numbers after a little hiccup last month.

The inventory of available single family homes increased from June 2015 by 23 homes to 1061 units this month, but this is still a 18% decrease from last July.  Current supply of homes remained at 4.5 months, the same as June’s 4.5 months supply. (A 31.2% decrease from last year). The Martin County single family real estate market remains a strong sellers market. The small increase in inventory for this month is a welcome sign.

July 2015 Monthly Market Detail Martin County Single Family Homes

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

July 2015 Monthly Market Detail Martin County Single Family Homes

Lakeside Condos Indian River Plantation August 2015 Market Report

08.28.15 by

Lakeside Condos Indian River Plantation August 2015 Market Report

Lakeside Condos in Indian River Plantation

For August 2015, there is only one active listing in Lakeside.  This condo is listed at $250,000 which equals $227.27 per sq. ft. of living area.

There are no condos under contract and awaiting settlement.

In the past 12 months, 6 condos have sold in Lakeside with sales prices ranging from $107,5000 to $194,000.  The average sales price was $124,583 which equals a $176.43 price per sq. ft. of living area.  Sales equaled a 94% list to sales price ratio and the average days on market was 409.

Lakeside Condos in Indian River Plantation

For those looking to live in a resort setting with the beaches of the Atlantic Ocean close by as well as a full service Marina, golf course, restaurants and fitness facilities without paying the premium price of most resorts, then the Lakeside Condos of Indian River Plantation might just be the place for you.

Lakeside Condos in Indian River Plantation

These Lakeside Condos are condos located just off the golf course and surrounded by the Atlantic Ocean to the east and the Indian River (Intracoastal) to the west.  Situated on a private peninsula in the middle of the Marriott Resort Complex at Indian River Plantation.  There are 74 units built in 1980.  Sizes range from 1 bedroom, 1 bath units of 596 sq. ft. up to 2 bedroom, 3 bath units with 1323 sq. ft. of living area.  This is a pet friendly complex that will allow up to two large pets.  At the time of this writing the condo association fees were $375.00 a month.

Lakeside Condos in Indian River Plantation

The Lakeside Condos at Indian River Plantation are in an excellent location, just a short walk to the beach and there’s a courtesy tram that is available to take residents and guests around the sprawling facilities of the Marriott resort at Indian River Plantation.  Just a short drive to the grocery store, historic downtown Stuart and the many, many amenities that Martin County FL has to offer.

Lakeside Condos in Indian River Plantation

Additional Indian River Plantation Condos you may wish to consider: 
Bayview – Beachwalk – Dunes Club – Fairway Villas – Inlet Village – Ocean House – Ocean Terrace – Plantation Club Villas – Plantation House – Resort Villas – River Village – Riverbend – Riverwood – Tennis Villas

Lakeside Condos Indian River Plantation August 2015 Market Report

July 2015 Monthly Market Detail Florida Townhouses and Condos

08.27.15 by

July 2015 Monthly Market Detail Florida Townhouses and Condos

The July 2015 Monthly Market Detail Florida Townhouses and Condos continues to show improved activity as compared to last July.  Closed sales were up by 13.9% as compared to last months increase of 14.6% and new sales under contract (new pending sales) increased by 4.7% (In June there was a 2.7% increase).

Both median and average sales prices continue to increase, with rises of (year to year) 9.1% and 4.3% respectively (in June they were up by 7.9% and 3.1%).  As sales volume decreases, I expect to see some moderation in the coming months for price increases.

The inventory decreased by 2% from July of last year.  For July 2015 we have 5.3 months of inventory (was 5.5 months in June) also was 5.7 from last July.  A slight sellers market for now, as a 6 months inventory supply is considered a balanced market.

July 2015 Monthly Market Detail Florida Townhouses and Condos

Click on the link below or the graphic to see the full market detail report from Florida Realtors: Click here to view or download the full report:
July 2015 Monthly Market Detail Florida Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

July 2015 Monthly Market Detail Florida Townhouses and Condos

Windstone Palm City August 2015 Market Report

08.27.15 by

Windstone Palm City August 2015 Market Report

Windstone real estate in Palm City FL

As of August, 2015:

There are currently 5 active listings for sale in Windstone.  List prices for these homes range from $549,900 to $890,000 for an average list price of $665,760 which equals $165.73 per sq. ft. of living area.

As of this time there are no homes under contract and awaiting sale in Windstone.

In the past 12 months 5 homes have sold in Windstone.  The sales prices ranged from $376,000 to $875,000.  The average sales price was $614,200 or $177.92 per sq. ft. of living area.  These sold listings averaged 93 days on the market before going under contract and sold at 96% of the list price.

Windstone real estate in Palm City FL

Formerly known as Rivers End and now re-named to Windstone. Featuring spacious waterfront homes, Windstone Palm City August 2015 Market Report is a safe and peaceful gated community in Palm City that has gorgeous views of Florida nature preserves around nearly every home.

Windstone real estate in Palm City FL

Larger lot sizes of half acre and more in these newer homes are the rule.  The neighborhood itself is very un-crowded with only 110 existing homes.  Some vacant lots are still available for purchase for those wishing to build their dream home in Windstone Palm City August 2015 Market Report, one of the premier neighborhoods in one of the best cities in Martin County!

Windstone real estate in Palm City FL

Windstone Palm City August 2015 Market Report is within close range to “A” rated school, I-95 and Florida’s turnpike making this a great place for locals or commuters to call home!

Windstone real estate in Palm City FL

Search the MLS for Windstone Homes for Sale

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Palm City Florida Real Estate presented by:

the Gabe Sanders real estate team

Windstone Palm City August 2015 Market Report

July 2015 Monthly Market Detail Florida Single Family Homes

08.26.15 by

July 2015 Monthly Market Detail Florida Single Family Homes

The July 2015 Monthly Market Detail Florida Single Family Homes continues to show improved activity from last year and showed another strong month for July.  Closed sales were up by 21.8% (was up by 19% in June) and new sales under contract (new pending sales) increased by 6.5% (was up by 10.4% in June).

Both median and average sales prices continue to rise ( July 2014 to July 2015) by 8.1% and 4.2% respectively, compared to June’s 10.0% and 3.4%. Prices are continuing their upward trend and this seems to be the continuing trend for the foreseeable future.

The inventory of available homes for sale fell by 5.3% from last year.  Some high demand areas of Florida have seen decreasing inventory for a number of months now.  For July there was only a 4.5 months supply of inventory, this is a sellers market with the advantage for sellers. (July of 2014 had a 5.5 month supply)

July 2015 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

July 2015 Monthly Market Detail Florida Single Family Homes

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

July 2015 Monthly Market Detail Florida Single Family Homes

Kingswood Condo August 2015 Market Report

08.26.15 by

Kingswood Condo August 2015 Market Report

August 2015 Market Update:

There are 8 condos currently for sale in the Kingswood condo community of Stuart FL.  Listing prices are from$49,900 to $98,000 for an average list price of $67,825 which equals $66.36 per sq. ft. of living area.

There are currently 4 condos under contract with list prices from$52,0000 to $119,00 for an average list price for these pending sales of $85,225 or $73.53 per sq. ft. of living area.

29 condos have sold in the past 12 months.  Ranging in sales price from $28,000 to $85,000.  The average sales price was $55,833 which comes out to $53.29 per sq. ft. of living area.  These condos sold on average of 67 days on market days with sales prices at 89% of list price.

Kingswood Condos in Stuart FL

Kingswood Condos are located in the heart of Stuart and within walking distance of shopping, restaurants and medical facilities is the Kingswood Condominium complex of Stuart FL. Just a short ride out to the beaches or to historic downtown Stuart, this location is just difficult to beat.

Kingswood Condo August 2015 Market Report

Kingswood consists of 444 condominiums that were built from 1970 till 1995. There are various floor plans and sizes ranging from 2 Bedroom, 2 Bathroom condos with 1,236 sq. ft. of living area down to 1 Bedroom, 1 bathroom condos with 691 sq. ft. of living area.

Kingswood Condo in Stuart FL

Most of Kingswood’s buildings are two stories with condos on each floor, though there are three newer 4 story elevator buildings with some units offering views f the Saint Lucie River. There are three community pools in Kingswood.

Kingswood Condo in Stuart FL Kingswood Condo in Stuart FL

HOA fees vary from size and location of the unit and are currently from just over $200 per month up to $360 per month. These fees cover the recreation area, building insurance, water, sewer, trash and pest control as well as basic cable TV.

Search here for all available Kingswood Condos for Sale

Kingswood Condos for Sale

View Our Featured Listings!

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

Kingswood Condo August 2015 Market Report

July 2015 Palm Beach County Update

08.25.15 by

July 2015 Palm Beach County Update