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

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

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.

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Lighthouse Point and Seagate Harbor September 2015 Market Report

July 2015 Monthly Market Detail St Lucie County Townhouses and Condos

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

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

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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

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

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

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

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

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

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

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Windstone Palm City August 2015 Market Report

July 2015 Monthly Market Detail Florida Single Family Homes

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

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.

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Kingswood Condos for Sale

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Kingswood Condo August 2015 Market Report

July 2015 Palm Beach County Update

July 2015 Palm Beach County Update

July 2015 Saint Lucie County County Update

July 2015 Saint Lucie County Market Update

Tres Belle August 2015 Market Report

Tres Belle August 2015 Market Report

August 2015 Market Update:

There are 7 homes currently for sale in the Tres Belle subdivision of Stuart FL.  Listing prices are from $579,900 to $1,067,183 for an average list price of $774,840 and works out to $201.60 per sq. ft. of living area.  A number of these homes are new construction from Kolter Homes.  Those interested, please ask about our new home buyer rebate program.

There are currently 2 homes under contract with list prices of $550,0000 and $649,900 for an average list price for these pending sales of $599,950 or $171.46 per sq. ft. of living area.

21 homes have sold in the past 12 months.  Ranging in sales price from $480,000 to $765,714.  The average sales price was $615,657 which comes out to $183.52 per sq. ft. of living area.  These homes sold on average of 122 days on market days with sales prices at 98% of list price.

Tres Belle Stuart Florida real estate

The Tres Belle Estates in Stuart FL is a Kolter Homes development of approximately 167 homes on a minimum of ½ acre lots located just east of Kanner Highway on Cove Road in Stuart FL.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

The first homes were completed in 2007 and construction and sales of new homes continue to this date (August 2015).  Homes range in size from a minimum of 3 bedrooms and 2 baths with over 2,500 sq. ft. of living area up to 4 and 5 bedroom, 5 bath homes with close to 4,500 sq. ft. of living area.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

Tres Belle is located adjacent to the Atlantic Ridge Preserve State Park which has miles and miles of rugged and scenic trails.  Also, close to shopping on US-1 as well as at the intersection of Cove Rd and Kanner Hwy.  Martin Memorial Hospital South is only a few minutes away.  A consistently highly rated medical facility.  For those looking to commute or just be close to the Interstate, I-95 is only a minute or two away.

pool 1 Tres Belle Stuart Florida real estate

For boaters, there are an abundance of  waterways and boat ramps and marinas are only a short ride and only a few minutes to your choice of beaches at either Stuart or Jupiter Island.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

Tres Belle is located in the ‘A’ rated school district of Martin County with children currently slated for Crystal Lake elementary, David L. Anderson middle and South Fork high schools.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

The HOA fees are $588 per quarter and include maintenance of the common areas as well as Cable TV.  This is a pet friendly community.

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Tres Belle August 2015 Market Report

July 2015 Martin County Update

July 2015 Martin County Local Update

Hobe Sound FL 33455 Condo Market Report July 2015

Hobe Sound FL 33455 Condo Market Report July 2015

 

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

 

For July 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 3 active condo listings. (Down by 5 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2015

6 Condos are pending and awaiting close. (Up by 4 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2015

1 Condos sold in June (Decreased by 5 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2015

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  I may have to stop reporting on Hobe Sound condos if we don’t get more inventory in the next few months.  We are down now to only 3 active listings.  This is the lowest inventory I’ve ever seen in Hobe Sound or any other segment of the Martin County real estate market since we’ve been looking at the data.

The current absorption rate is 3 months (Last month it was 1.3 months). The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that July not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The July 2014 numbers were: 17 active listings, 4 pending sales and 2 closed sales.  Better closed activity last year, but we still have more pending sales this year.

Hobe Sound FL 33455 Condo Market Report July 2015

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Hobe Sound FL 33455 Condo Market Report July 2015

 

Hobe Sound FL 33455 Residential Market Report July 2015

Hobe Sound FL 33455 Residential Market Report July 2015

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

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

There are currently 163 active listings. (Up by 13 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2015

90 Residential sales are pending and awaiting close  (Down by 29 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2015

55 Homes Sold in July (Down by 6 homes from last month)

Hobe Sound FL 33455 Residential Market Report July 2015

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County remains very strong.  Both sales and pending sales retreated a bit from last month, but still remain very strong.  The inventory took a slight increase from last month.  This is a much needed statistic that will hopefully continue in the months ahead.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased to 3 months (2.5 months in June).  Still a strong seller’s market for the Hobe Sound area of Martin County.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for July 2014 were:  237 active listings, 80 pending sales and 51 closed sales.  Even with the significantly smaller inventory, sales activity is better than last year.

Hobe Sound FL 33455 Residential Market Report July 2015

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Hobe Sound FL 33455 Residential Market Report July 2015

Jensen Beach FL 34957 Condo Market Report July 2015

Jensen Beach FL 34957 Condo Market Report July 2015

 

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

 

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



There are currently 25 active listings. (Decreased by 6 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2015

13 Condo sales are pending and awaiting settlement. (Increased by 2 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2015

3 Condos Sold (Decreased by 2 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2015

 The Jensen Beach FL 34957 Condo Market Report July 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  Activity has been dropping in the Jensen Beach condo market.  Some of this decrease is due to the very low inventory levels we presently have and the rest due to the fact that summer is a slow season for our condo market.

The one month absorption rate for the July 2015, Jensen Beach Florida Market Report ZIP Code 34957 rose to 8.3  months (from 6.2 months in June), back into a buyer’s market after many, many months of being a seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The July 2014 numbers were: 30 active listings, 13 pending sales and 1 condos closed.  Slightly better closed numbers this year.

Jensen Beach FL 34957 Condo Market Report July 2015

Jensen Beach Condominium Properties by Price


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Jensen Beach FL 34957 Condo Market Report July 2015

Jensen Beach FL 34957 Residential Market Report July 2015

Jensen Beach FL 34957 Residential Market Report July 2015

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

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

 There are currently 108 active listings. (Down by 11 homes from last month)

Jensen Beach FL 34957 Residential Market Report July 2015

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

Jensen Beach FL 34957 Residential Market Report July 2015

35 Homes Sold (Decreased by 11 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2015

The Jensen Beach FL 34957 Residential Market eased a little for July in sales activity.  Though it remains quite strong and we wouldn’t mind seeing a bit more inventory come on the market to make this activity a bit more sustainable for the future..  The Jensen Beach residential sales activity remains among the strongest of the County.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 3.1 months (was 2.6 months in June).  Remaining in a strong sellers market for Jensen Beach residential home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The July 2014 numbers were: 104 active listings, 76 pending sales and 29 home sales closed.   One of our few areas in Martin County where the inventory this year exceeds last year’s.  Market activity for 2015 is also much better than last year.
Jensen Beach FL 34957 Residential Market Report July 2015

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Jensen Beach FL 34957 Residential Market Report July 2015