Palm City FL 34990 Condo Market Report July 2015

Palm City FL 34990 Condo Market Report July 2015

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

 

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



There are currently 60 active condo listings. (Up by 9 condos from June)

Palm City FL 34990 Condo Market Report July 2015

7 Condo sales are pending and awaiting close or lender approval. (Decreased by 7 condos from last month)

Palm City FL 34990 Condo Market Report July 2015

6 Condos Sold in July. (Down by 2 condos from June)

Palm City FL 34990 Condo Market Report July 2015

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  It’s good to see a rebound in the inventory, though unfortunately both closed and pending sales were off this month.  Not unexpected as the condo market often slows down during the summer season.

The current absorption rate for condos in the 34990 zip code area declined to 10 months (was 6.4 months in August).   Back into a buyer’s market after last month’s balanced market. A balanced market is considered to be an absorption rate of around 6 to 7 months, so this market continues as a strong buyers market.
The July 2014 numbers were: 59 active listings, 6 pending sales and 1 closed sales.   Even though July was slower than June, it is still much better activity than for last July.
Palm City FL 34990 Condo Market Report July 2015

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Palm City FL 34990 Condo Market Report July 2015

Palm City FL 34990 Residential Market Report July 2015

Palm City FL 34990 Residential Market Report July 2015

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

 

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


There are currently 363 active listings (Increased by 5 homes from June)

Palm City FL 34990 Residential Market Report July 2015

 162 Residential sales are pending and awaiting close or lender approval. (Decreased by 1 homes from last month)

Palm City FL 34990 Residential Market Report July 2015

71 Homes Sold in June (Decreased by 57 sold homes from June)

Palm City FL 34990 Residential Market Report July 2015

After a very strong June, the Palm City FL 34990 residential real estate market eased a bit for July.  Though still excellent activity and one that is far more sustainable for the future.  Of interest, is the small rise in inventory.  Hopefully this will continue for the coming months.
 The current absorption rate jumped up to 5.1 months from 2.8 months in June.  Still a slight sellers’ market for the Palm City zip code 34990 area for residential sales.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The July 2014 numbers were:  432 active listings, 148 pending sales and 73 closed sales.  Better pending sales and almost identical closed sales with a considerably reduced inventory.  Makes 2015 a better market than last year for Palm City.

Palm City FL 34990 Residential Market Report July 2015

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Palm City FL 34990 Residential Market Report July 2015

Stuart FL 34997 Condo Market Report July 2015

Stuart FL 34997 Condo Market Report July 2015

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

 

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

There are currently 38 active condo listings (Up by 3 condos from June).

Stuart FL 34997 Condo Market Report July 2015

12 Condo sales are pending and awaiting close or lender approval (Decreased by 7 condos from June).

Stuart FL 34997 Condo Market Report July 2015

10 Condos Sold in July (Decreased by 7 condos from June).

Stuart FL 34997 Condo Market Report July 2015

The Stuart FL condo market for zip code 34997 showed reduced closed and pending sales.  This was expected as we head into the slower summer months and also with such a low amount of available condos currently for sale.
The one month absorption rate increased to 3.8 months from 2 months for June.  Continuing as a strong seller’s market for now, though as we get into summer I expect this extreme market to ease up a bit.  A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The July 2014 numbers were: 61 active listings, 28 pending sales and 21 closed sales.   Our sales numbers are down compared to last year, but our inventory is only a little half of what it was last year as well.

Stuart FL 34997 Condo Market Report July 2015

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

 

 

Stuart FL 34997 Residential Market Report July 2015

Stuart FL 34997 Residential Market Report July 2015

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

 

There are currently 232 active listings (Decreased by 25 homes from June).

Stuart FL 34997 Residential Market Report July 2015

190 Residential sales are pending and awaiting close or lender approval (Decreased by 10 homes from June).

Stuart FL 34997 Residential Market Report July 2015

83 Homes Sold in July (Decreased by 30 homes from June)

Stuart FL 34997 Residential Market Report July 2015

      The Stuart Florida Residential Market for ZIP Code 34997 continues as the best performing segment of the Stuart residential market.  Both closed and pending sales are doing well, though as the inventory shrinks, the sales volume can’t keep up with the torrid pace set from last month.
     The current one month absorption rate increased to 2.8  months (was 2.3 months for June).  Remaining 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 July, were: 362 active listings, 189 pending listings and 78 closed sales.  Even with an inventory that is over 33% less than last year, closed and pending sales are still better for 2015.  Our strongest local market.
Stuart FL 34997 Residential Market Report July 2015

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Stuart FL 34997 Residential Market Report July 2015

 

Stuart FL 34996 Condo Market Report July 2015

Stuart FL 34996 Condo Market Report July 2015

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

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

There are currently 92 active condo listings (Down by 10 condos last month).

Stuart FL 34996 Condo Market Report July 2015

42 Condo sales are pending and awaiting close or lender approval (Increased by 16 condos from June).

Stuart FL 34996 Condo Market Report July 2015

16 Condos Sold in July (Decreased by 10 condos from June) 

Stuart FL 34996 Condo Market Report July 2015

The Stuart FL 34996 Condo Market moderated a bit for July.  Closed sales were down from the previous month and unfortunately the inventory continues to drop.  Surprisingly there was a large jump in pending sales which is a good indication for continued strong activity for the remainder of the summer..

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – increased to 5.8 months from June’s 3.9 months.  Drifting close to a balanced market for July.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for July 2014 were: 143 active listings, 45 pending sales and 11 closed sales.  Better activity this year even though our inventory is significantly lower than it was in July of 2014.

Stuart FL 34996 Condo Market Report July 2015

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Stuart FL 34996 Condo Market Report July 2015

Stuart FL 34996 Residential Market Report July 2015

Stuart FL 34996 Residential Market Report July 2015

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

 

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

 

There are currently 135 active listings (Down by 1 homes from June).

1 active

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

Stuart FL 34996 Residential Market Report July 2015

11 Homes Sold in July (Increased by 3 homes from June).

Stuart FL 34996 Residential Market Report July 2015

The 34996 zip code area of the Stuart Florida residential real estate market continues to struggle, though it improved from June’s very poor showing.  Unfortunately pending sales were off considerably this month.  This could be a sign of continued weak activity for the near future.

The one month absorption rate for the 34996 zip code area of Stuart Florida for July dropped to 12.3 months as compared to June’s atrocious 17 months.  Still 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 July of 2014 were: 169 active listings, 32 pending sales and 21 closed sales.  Considerably weaker activity this year as compared to July of 2014.

Stuart FL 34996 Residential Market Report July 2015

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Stuart FL 34996 Residential Market Report July 2015

Stuart FL 34994 Condo Market Report July 2015

Stuart FL 34994 Condo Market Report July 2015

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

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

 

There are currently 83 active condo listings (Unchanged from June).

Stuart FL 34994 Condo Market Report July 2015

24 Condo sales are pending and awaiting close or lender approval. (Decreased by 10 condo from last month) 

Stuart FL 34994 Condo Market Report July 2015

20 Condos Sold in July (Down by 3 condos from June).

Stuart FL 34994 Condo Market Report July 2015

The Stuart FL 34994 Condo market showed strong activity for July 2015.  Inventory didn’t go down this month, which is really the only positive as sales slowed for the month.  Though still an active market especially since we are well into the slower months for condo sales.

The one month absorption rate increased to 4.2 months compared to last month’s 3.6.  Continuing as a seller’s 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 July the numbers were 118 active listings, 40 pending sales, and 25 closed sales. For the 34994 zip code area of Stuart there was considerably greater activity in 2014, though the inventory was quite a bit larger as well.

Stuart FL 34994 Condo Market Report July 2015

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

Stuart Florida Market Report ZIP Code 34994 Residential July 2015

Stuart Florida Market Report ZIP Code 34994 Residential July 2015

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

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

There are currently 62 active listings (Decreased by 2 homes from June)

Stuart Florida Market Report ZIP Code 34994 Residential July 2015

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

 Stuart Florida Market Report ZIP Code 34994 Residential July 2015

16 Homes Sold in June (Up by 2 homes from June)

Stuart Florida Market Report ZIP Code 34994 Residential July 2015

The 34994 ZIP code area of the Stuart, Florida continues to perform very well even though the inventory of available homes is getting into ver low and troubling levels.

The one month absorption rate for the 34994 zip code for July decreased to 3.9 months from last months 4.6 months, a very strong sellers market.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The July 2014 numbers were 73 Active Listings, 34 pending sales and 15 closed sales.  Similar sales activity, though the reduced inventory may be an issue for volume of sales in the near future.

Stuart Florida Market Report ZIP Code 34994 Residential July 2015

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Stuart Florida Market Report ZIP Code 34994 Residential July 2015

Sewalls Point Single Family Market Report July 2015

Sewalls Point Single Family Market Report July 2015

Sewalls Point Real Estate Snapshot, Residential Sales for July 2015

 

There are currently 58 active listings (Decreased by 3 homes since last month)

Sewalls Point Single Family Market Report July 2015

12 home sales are pending and awaiting close or lender approval (Down by 3 homes from June)

Sewalls Point Single Family Market Report July 2015

5 Homes sold in July (Up by two sales from June)

Sewalls Point Single Family Market Report July 2015

The Sewalls Point single family homes market continues to face some challenging volume of sales, though there were some excellent closings on the higher end of the market for June.  Also, a nice decrease in inventory will bring back some activity for the near future to Sewalls Point.

The current absorption rate dropped to 11.6 months, in June it was 20.3 months. Still plenty of room for improvement.  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 July of 2014, the inventory was 48 homes on the market, 13 pending sales and there were 5 closed sales.  Other than a larger inventory, last years sales activity is almost identical to this year.

Sewalls Point Single Family Market Report July 2015

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Sewalls Point Single Family Market Report July 2015

 

Four Rivers August 2015 Market Update

Four Rivers August 2015 Market Update

There are currently 4 homes for sale in Four Rivers in Palm City FL ranging in price from $775,000 to $1,800,000 for an average list price of $1,130,000 or $262.01 per sq. ft. of living area.

There are no pending sales in Four Rivers at this time.

4 homes have sold in the past 12 months in Four Rivers, with the sales prices ranging from $835,000 to $1,175,000 for an average sales price of $1,030,600 which is $273.18 per sq. ft. of living area.  These homes averaged 300 days on the market before accepting an offer and the sales were on average at 93% of the list price.

Four Rivers in Palm City, FloridaFour Rivers is a unique enclave of spacious homes on the banks of the South Fork of the Saint Lucie River.  Ideal for the serious boaters, all of Four Rivers’ home sites are on deep water canals suitable for larger vessels and with no fixed bridges (under 60’) to the Saint Lucie inlet to gain access to the crystal clear waters of the Atlantic Ocean.

Four Rivers in Palm City, Florida

Consisting of 98 home sites, with a minimum ½ acre of land (though most have ¾ acre or more), Four Rivers is a perfect family friendly neighborhood. Very conveniently located close to ‘A’ rated schools, shopping, restaurants and only a few minutes from either downtown Stuart or Florida’s Turnpike for those wishing to commute to our more crowded neighboring counties.

Four Rivers in Palm City, Florida

Low HOA fees insure the canals will be maintained to a depth of 6’ at mean low tide to make sure no boats have difficulties navigating to open water.  Four Rivers is a wonderful place to call home.

Four Rivers in Palm City, Florida

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Four Rivers August 2015 Market Update

Holly Creek August 2015 Market Update

Holly Creek August 2015 Market Update

There are 4 active listings in Holly Creek.  List prices range from $129,000 to $229,000 with the average list price being $165,450 which equals a price per sq. ft. of living area of $126.46.
There are three homes pending in Holly Creek.  Listing prices are from $156,000 to $1198,000 for an average list price of $181,300 or $119.88 per sq. ft. of living area.  These homes were on the market for an average of 66 days before going under contract.
In the past 12 months, 12 homes and townhomes have sold in Holly Creek.  Sales prices ranged from $138,500 to $218,500 for an average sale price of $176,683 which equates to $112.09 per sq. ft. of living area.  These homes averaged 42 days on the market before going pending and sold at an average of 95% of listed price.

This is one of the hidden jewels in Martin County and Jensen Beach. Holly Creek is a small and affordable subdivision located off of Jensen Beach Blvd. Just 2 miles from the Indian River (Intracoastal Waterway) and across the Jensen Beach Causeway to access the pristine waters and beaches of the Atlantic Ocean. Only two miles to the Treasure Coast Mall and surrounding areas for shopping, and just a short bike ride from schools, restaurants, parks and downtown Jensen Beach; Holly Creek is one of the best locations on the Treasure Coast Low fees include professional landscaping.This home features lots of room with 2 BR, 2.5 Bath and 1 car garage with additional parking. Both bedrooms feature individual baths. New AC and the refrigerator has a water filter system. Private lanai and lushly landscaped grounds. This is a perfect starter home or a wonderful Florida vacation home during the cold northern winters. This home is in move in condition and ready for immediate occupancy. This home can qualify for the first time home buyers tax credit.

A large heated pool and two professional tennis courts adjoin the spacious clubhouse that has party and banquet facilities available for residents to use.

Numerous small lakes and lush landscaping make Holly Creek a desirable place to call home or a possible vacation retreat from those cold northern winters.

Holly Creek features 2 bedroom townhomes, 3 bedroom villas, 3 bedroom chalet homes all with a single car garage and additional parking. There are also a limited number of estate homes in the rear of Holly Creek which have 2 car garages, larger floor plans and individual designs.

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Holly Creek August 2015 Market Update

Palm Cove Golf and Yacht Club August 2015 Market Update

Palm Cove Golf and Yacht Club August 2015 Market Update

There are currently 8 homes actively listed in Palm Cove Yacht and Golf Cub for August 2015 in Palm City, Florida.  List prices range from a low of $185,000 up to the highest which is a waterfront home for $2,375,000.  The average list price is $630,662 which works out to $186.84 per square foot of living area.

There is one home under contract awaiting closing.  This home was listed for $729,000 or $173.12 per square foot of living area.

In the past 12 months, 25 homes have sold in Palm Cove Yacht and Golf Cub with sales prices from $192,500 up to $645,000 for an average sales price of $420.788 or $152.87 per square foot of living area.  These homes were on the market for an average of 87 days prior to going under contract and sales prices averaged at 94% of the list price

Palm Cove Golf and Yacht Club in Palm City

The Palm Cove Golf and Yacht Club in Palm City Florida includes 206 residences, ranging from spacious condos with garages to townhomes, fairway homes to multimillion dollar waterfront homes on the shores of the north fork of the wide Saint Lucie River.

Palm Cove Golf and Yacht Club in Palm City

This magnificent community boasts a championship Chi Chi Rodrigues designed golf course. Memberships are available to both residents and non-residents and membership is not mandatory.  In addition to golf, boaters enjoy a 93 slip deep water marina with docks available for over 50’ vessels.

Palm Cove Golf and Yacht Club in Palm City

There’s a magnificent club house located riverside by the marina.  Residents enjoy 24 hour security from the manned gated entrance.  The Palm Cove Golf and yacht Club is separated into two main sections.  Fairway homes are on the south side of Mapp Road with the entrance across the main entrance to palm Cove and is controlled by remote from the main security gate.

Palm Cove Golf and Yacht Club in Palm City

In the main section, are the estate homes, town-homes at Island creek as well as the condos at ‘the Links’.   Homes range from 1500 sq. ft. town-homes with 2 bedrooms, 2 bathrooms and 2 car garages all the way up to 6,000 sq. ft. plus waterfront residences with 5 bedrooms, office, 6 and ½ bathrooms and 3 car garages.  Home owner (HOA) fees vary from section to section.  The estate homes run approximately $450 per month, while in the fairways section they are around $550 per month, but include landscaping.  For a complete list of fees, please give us a call.

guardgate

Palm Cove families enjoy a quiet secluded lifestyle yet are close to shopping, restaurants and the beaches of Martin County.  Children attend an ‘A’ rated Martin County school system to the following schools:  Bessey Creek elementary, Hidden Oaks middle and Martin County High.

Palm Cove Golf and Yacht Club in Palm City

Currently, these homes are available for sale in the Palm Cove Golf and Yacht Club

For any questions you may have about the palm Cove Yacht and Golf Club in Palm City Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Palm Cove Golf and Yacht Club August 2015 Market Update

Danforth in Palm City August 2015 Market Report

Danforth in Palm City August 2015 Market Report

As of August, 2015:

There is currently only 1 active listings for sale in Danforth.  This home is on the market for $399,900 which equals $139.73 per sq. ft. of living area.

6 homes are currently under contract.  The list prices of these pending sales range from $348,900 to  $439,900 with the average being $385,950 which equates to an average price per sq. ft. of living area of $170.21.

In the past 12 months 19 homes have sold in Danforth.  The sales prices ranged from $242,000 to $395,000.  The average sales price was $332,505 or $135.64 per sq. ft. of living area.  These sold listings averaged 52 days on the market before going under contract and sold at 95% of the list price.

Danforth in Palm City Florida is wonderful family subdivision with 335 homes of all sizes and shapes with a wonderful family friendly neighborhood feel.  Well located in palm City off SW Martin Highway and within walking distance of both the Palm City Elementary and Hidden Oaks Middle Schools.  Both of these schools are top rated in the Martin County school system as well as in the State of Florida.

Many homes are lakefront with beautiful views and a wonderful private feeling, yet this community is within a mile of the new Publix and also close to restaurants and medical facilities.  Easy access to downtown Stuart as well via the new Veteran’s Memorial Bridge from Palm City to Stuart.  Also just a couple of minutes to Florida’s Turnpike for those wishing to either commute or to make a short trip to West Palm Beach or other points just North or South.


Danforth features low HOA fees of $328.00 per quarter (as of July 2015).  Construction in Danforth was first completed in 1990 with most homes dated from then to the late 1990’s and at least one home completed in 2001.  This planned unit development (PUD) was developed by Danforth Development Inc. and various builders took part in the construction of the homes.  Here is the Danforth Home Owners Association web site.  Danforth just added an remote code controlled entry gate system in 2014.

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Danforth in Palm City August 2015 Market Report

The Yacht and Country Club of Stuart August 2015 Market Report

The Yacht and Country Club of Stuart August 2015 Market Report

August 2015 Market Update:

There are 7 homes currently for sale in the Yacht and Country Club of Stuart.  Listing prices are from $215,900 to $499,000 for an average list price of $380,271 which works out to $154.30 per sq. ft. of living area.

There are currently 4 homes under contract ranging in list price from $269,000 to $570,000.  The average list price of these pending sales is $372,225 or $157.81 per sq. ft. of living area.

36 homes have sold in the past 12 months.  Ranging in sales price from $184,000 to $740,000.  The average sales price was $350,565 which comes out to $138.43 per sq. ft. of living area.  These homes sold on average in 84 days with sales prices at 94% of list price.

 
The Yacht and Country Club of Stuart, Florida Golf Course

One of the first gated golf communities in Martin County, the , Florida remains among the preeminent communities on Florida’s Treasure Coast for both the golf and yachting enthusiast.  This fine gate guarded community boasts water front homes that are only minutes from the Saint Lucie inlet and the Atlantic Ocean.  Easy access for day trips to the Bahamas and back and a true fisherman’s paradise.

The Yacht and Country Club of Stuart, Florida Clubhouse

The ‘Stuart’ golf course at the Yacht  & Country Club of Stuart, Florida features a professional 18 hole course with 6,466 yards of golf from the longest tees for a par of 71 . The course rating is 71.2 and it has a slope rating of 125 on Bermuda grass. Driving range and putting greens are also provided at this club.

The Yacht and Country Club of Stuart, Florida Canal

The clubhouse at the Yacht and Country Club of Stuart offers a professionally appointed fitness center with a a resident massage therapist.  Tennis is provided by ix lighted Har-tru tennis courts and also residents are provided with two lighted croquet lawns.

The Yacht and Country Club of Stuart, Florida Homes

There is a heated swimming pool open daily and water aerobics is offered on a weekly basis. The Yacht and Country Club of Stuart has a formal Dining Room that has earned itself a reputation as one of Stuart’s finest dining establishments. Also offered is the “Grill Room” for those who would like to enjoy a more casual dining experience.

The Yacht and Country Club of Stuart, Florida Homes

Truly a wonderful place to call home.

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Yacht and Country Club of Stuart, Florida - Homes for Sale

The Yacht and Country Club of Stuart August 2015 Market Report

VilaBella Town-Home Condos in Stuart FL August 2015 Update

VilaBella Town-Home Condos in Stuart FL August 2015 Update
 
In August of 2015 there are no available townhomes for sale in VilaBella.
There are also no pending sales currently.
In the past 12 months, 9 homes have sold with sales prices ranging from $109,900 to $156,000 with an average sales price of $136,975 which equals $98.80 per sq. ft. of living area.  These sales averaged 28 days on market and sold at 96% of list price.
VilaBella Central Parkway Condos in Stuart, Florida

Entrance to VilaBella Town-Home Condos


These new condominiums located in Stuart are just minutes from it all! Located on Central Parkway connecting the two main roads of Kanner Highway and US-1, VilaBella allows residents easy access to all Stuart has to offer but also keeps residents in a peaceful secluded haven. Modern and pet friendly condominiums feature stainless steel appliances with granite counter tops in the kitchen and in the bathrooms. All units have one car garages and terraces with beautiful views of this well landscaped gated community. Hurricane shutters are included with all units. Residents can enjoy a spacious club house with picnic areas and a community swimming pool. VilaBella is close to great schools, downtown Stuart and the gorgeous Stuart beaches!

VilaBella Town Home Condos in Stuart, Florida

VilaBella Town Home Condos

VilaBella Town Home Condos in Stuart, Florida

Community Pool in VilaBella Town Home Condos


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VilaBella Town-Home Condos in Stuart FL August 2015 Update

 

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Highlands Reserve August 2015 Market Update

Highlands Reserve August 2015 Market Update

There are currently 18 homes actively listed in Highlands Reserve for August of 2015 in Palm City, Florida.  Prices range from $359,990 to $869,990.  The average list price is $550,060 which equals $161.22 per square foot of living area.

There are 10 homes under contract awaiting closing.  List prices ranged from $354,990 to $719,990.  The average list price is $504,426 at $137.98 per square foot of living area.  None of these homes are short sales or foreclosures.

In the past 12 months, 35 homes have sold in Highlands Reserve with an average sales price of $427,627at $139.44 per square foot of living area.  Actual sales prices ranged from $275,000 to $760,000.  These sales averaged 271 days on market and sold at 97% of listed price.Highlands Reserve real estate in Palm City FL

 Highlands Reserve is one of the newest upscale communities in this section of Martin County. Enter the magnificent gates and surround yourself with the well appointed amenities of the clubhouse and natural beauty of this community. Included are paths into winding nature trails will offer dramatic views of surrounding natural preserves and serene lakes.

Highlands Reserve real estate in Palm City FL Highlands Reserve real estate in Palm City FL

Located only seconds from I-95 and within minutes of shopping, beaches and the laid back easy lifestyle of Martin County. Perfect for the family with an ‘A’ rated school system. Only 30 minutes to West Palm Beach and 2 hours to Orlando.

Highlands Reserve real estate in Palm City FL Highlands Reserve real estate in Palm City FL

Low HOA fees of $315.00 per month include landscaping and irrigation as well as the security gate, use of the full service clubhouse with large pool and state of the art fitness center.  Lounge and kitchen for private parties and occasions.

Highlands Reserve real estate in Palm City FL

Highlands Reserve is a D. R. Horton community and new construction homes are still available.  There are usually some excellent offers available through Realtors.  Call us today for our new construction special rebate program.

Highlands Reserve real estate in Palm City FL

Give us a call for the full line of exceptional new homes available in Highland Reserve in Palm City, FL.

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Highlands Reserve August 2015 Market Update

June 2015 Monthly Market Detail St Lucie County Townhouses and Condos

June 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The June 2015 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors rebounded a bit from a quite difficult May.  Closed sales were unchanged from last year (was down by 30.6% in May) while new sales under contract (new pending sales) decreased by 5.3% (was down by 25.8% in May).

The median sales price increased by 17.5% (down 11.% in May) and the average sales price increased by 20.3% (was up by 16.5% in May).  Continuing the trend of price increases in the Saint Lucie County real estate market..

The inventory of available townhouses and condos decreased by 18 units from last month to 578 properties, which is also down from last June by 23.5%. Current supply of inventory decreased to 5.5 months, from May’s 5.7 months. This is 22.7% 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 growing volume of sales.

June 2015 Monthly Market Detail St Lucie County Townhouses and Condos

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

June 2015 Monthly Market Detail St Lucie County Townhouses and Condos

June 2015 Monthly Market Detail St Lucie County Single Family Homes

June 2015 Monthly Market Detail St Lucie County Single Family Homes

June 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 off by 7.9% (in May they were down by 19.8%) and new sales under contract (new pending sales) decreased by 16.7% (they were down by 31.3% last month).

Both median and average sales prices continue strong gains with increases of 18.6% and 18.9% respectively from last June (For May these numbers were 18.2% and 13.1%).  These price increases, while good news for sellers, are making single family homes less affordable in the St. Lucie County market area and may be one factor in the reduced volume of closed sales.

The inventory of active listings decreased in June (from last month) by 18 homes to 1,572, and this is  lower than last year’s inventory by 20.4%.  The current supply of inventory is only 3.3 months (a 24.2% 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.

June 2015 Monthly Market Detail St Lucie County Single Family Homes

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

June 2015 Monthly Market Detail St Lucie County Single Family Homes

Jensen Park Estates July 2015 Market Update

Jensen Park Estates July 2015 Market Update

Currently only 1 home is available for sale in the Jensen Park Estates.  It is listed for $289,000 which equals $132.20 per sq. ft. of living area.

There are three homes under contract and awaiting closing.  List prices are from $159,900 to $310,000 for an average list price of $232,966 or $146.40 per sq. ft. of living area.

In the past 12 months, 22 Jensen Park Estates homes have sold.  Sales prices ranged from a low 0f $52,100 up to $329,000 for an average sales price of $214,824 which equals $120.56 per sq. ft. of living area.  These sales averaged 97% of listing price and averaged 67 days on market before going under contract.

Jensen Park Estates is a non-gated community located just west of Savannah Rd in the heart of Jensen Beach.  There are 381 home sites in this community, most of which have been built upon.  Homes were built from 1980 to the latest one which was completed in 2010.

Jensen Park Estates real estate

There’s a wide range of sizes and shapes of homes ranging from 6 bedroom homes with over 3,100 sq. ft. of living area down to more modest 2 bedroom, 2 bathroom homes with just under 1,100 sq. ft.  There are both frame and concrete block construction as well as homes with and without private pools.

Some homes have large lots of over ½ acre while others are fairly modest lots with just over .12 acres.  Homeowner fees are a very reasonable $150 per year.

Neighborhood children attend the Jensen beach Elementary School which is just a little over ½ mile away, Stuart Middle School and the Jensen Beach High School.

Jensen Park Estates real estate

Very close to shopping areas of US-1 as well as close to the Intracoastal (the Indian River) with its boat ramps, public beaches on Hutchinson Island, Indian Riverside park, and much more.

Jensen Park Estates is an excellent option for both families and retirees looking for affordable homes in the heart of Jensen Beach.

Search here for available Jensen Beach Estates Homes for Sale

June 2015 Monthly Market Detail Martin County Townhouses and Condos

June 2015 Monthly Market Detail Martin County Townhouses and Condos

June 2015 Monthly Market Detail Martin County Townhouses and Condos showed very strong activity for June after a somewhat slow couple of months for the early summer and late spring.  Year to year closed sales were up by 36.1% (was down by 4.7% in May) and new sales under contract (new pending sales) were down by 9.6% from June 2014 (increased 11.7% in May).

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

The inventory of available townhouses and condos has decreased by 22 units to 402 properties from last month, this is 28.0% less inventory than was available in June of 2014.  For June there was a 3.6 month supply of inventory (a 35.7% 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.

June 2015 Monthly Market Detail Martin County Townhouses and Condos

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

June 2015 Monthly Market Detail Martin County Townhouses and Condos