Palm City FL 34990 Residential Market Report January 2015

02.17.15 by

Palm City FL 34990 Residential Market Report January 2015

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

 

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


There are currently 443 active listings (Increased by 12 homes from December)

Palm City FL 34990 Residential Market Report January 2015

  158 Residential sales are pending and awaiting close or lender approval. (Increased by 43 homes from last month)

Palm City FL 34990 Residential Market Report January 2015

55 Homes Sold in December (Down by 21 homes from December)

Palm City FL 34990 Residential Market Report January 2015

The Palm City FL 34990 residential real estate started the year with a decline in closed sales but also an impressive increase in pending sales which should indicate some good activity for the immediate future. A nice little increase in inventory is also a good sign.
 The current absorption rate jumped to 8.1 months from 5.7 months in December. Back into a buyers market after a month in the sellers market in December.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The January 2013 numbers were:  447 active listings, 117 pending sales and 62 closed sales.  With similar inventory as compared to last year, sales were off this year however pending sales are considerably higher which indicates some strong activity for the coming months.

Palm City FL 34990 Residential Market Report January 2015

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Palm City FL 34990 Residential Market Report January 2015

Angler Cove Condos February 2015 Market Update

02.17.15 by

Angler Cove Condos February 2015 Market Update

There are currently 5 Angler Cove condos available for sale.  Prices range from $189,900 to $375,000 with an average price of $261,980 which equals $200.15 per sq. ft. of living area.  None of these listings are distressed properties.

There is 1 condo currently under contract and awaiting settlement.  It is listed for $194,000 or $137.98 per sq. ft. of living area.

In the past 12 months there have been 4 sales.  Sales prices ranged from $199,000 to $295,000 and the average sales price was $238,250 or $167.95 per sq. ft. of living area.  The list to sales prices averaged at 90%.  None of these sales were distressed sales.

(Please consider that some condos in Angler Cove have deeded docks and some don’t.  This can add to the wide disparity of both listing and sales prices)

Angler Cove Condos on Hutchinson Island in Stuart Florida is a unique complex with 10 buildings amd 64 units surrounding a man made cove with deep water dockage for the boating enthusiast.

Units include spacious two bedroom units as well as a number of larger three bedroom townhome style homes.  Two buildings on the west side of the complex offer spectacular wide river views of the Intracoastal Waterway (Indian River).

Angler Cove Condos on Hutchinson Island

Most first floor units offer dockage just steps outside the living area.  Some second floor units have docks available throughout additional spaces in the cove as well as larger docks built out into the Indian River.

Amenities include a full time on-site manager and maintenance man.  A clubhouse with a large community pool, barbecue areas and some limited boat parking and deeded beach access.

Very well located just minutes to downtown Stuart  Shopping, restaurants and all other services just a short distance away.  An excellent place to call home or to have a Florida get-away for those cold winters up north!

Condo association fees vary from $450 to $560 per month.  The fees include Basic Cable Tv, Landscape/Lawn care, On Site Manager, Reserve Fund, Trash, Water and Sewer.

 Angler Cove Condos on Hutchinson Island

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Angler Cove Condos February 2015 Market Update

February 2015 Market Update for Hunters Creek in Palm City FL

02.16.15 by

February 2015 Market Update for Hunters Creek in Palm City FL

Currently in February, there is 1 home on the market in Hunters Creek in Palm City, FL.  This home is a 4 BR home listed at $279,900 which is equal to $133.41 per sq. ft. of living area.

There are no homes currently under contract (pending sales)

There have been 6 homes sold in the past 12 months in Hunters Creek.  Sales prices were from $272,500 to $349,900 for an average sale price of $305,816 which equals $130.93 per sq. ft. of living area and 95% list to sales price.  There was one short sale in this set of sold homes.

Hunters Creek in Palm City FL is a gated community of 68 homes located off of Mapp Road just north of the Oak Ridge subdivision and across the road from Harbour Pointe.

Hunters Creek in Palm City FL

Homes in Hunters Creek were first completed in 1990 and the last home was built in 2001. There are no more vacant lots left to be built as this community is fully matured and built out. All homes are custom built and range in sizes from over 3,800 sq. ft. of living area to just under 1,700. From 5 bedroom pool homes on over a ½ acre of land down to 3 bedroom homes on just over a quarter of an acre.

HOA fees are a very reasonable at under $100 per month. This covers the common areas and security gate along with basic cable TV.

Hunters Creek in Palm City FLHunters Creek is very conveniently located near the Palm Cove Golf Club as well as quick access to Florida’s Turnpike and I-95. Also, just a few minutes away from the Palm City Bridge with access to downtown Stuart, Jensen Beach and the beaches of the Atlantic Ocean on Hutchinson Island.

Hunters Creek Homes for Sale in Palm City FL

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February 2015 Market Update for Hunters Creek in Palm City FL

Stuart FL 34997 Condo Market Report January 2015

02.15.15 by

Stuart FL 34997 Condo Market Report January 2015

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

 

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

There are currently 44 active condo listings (Unchanged from December).

Stuart FL 34997 Condo Market Report January 2015

17 Condo sales are pending and awaiting close or lender approval (Increased by 2 condos from December).

Stuart FL 34997 Condo Market Report January 2015

11 Condos Sold in January (Increased by 6 condos from December).

Stuart FL 34997 Condo Market Report January 2015

The Stuart FL condo market for zip code 34997 has a much reduced inventory compared to the recent past.  Though, even with less to work with, both pending and closed sales increased for January.
The one month absorption rate plunged to 4 months after last months amazing 8.8.  Back into a very strong sellers market after a one month duration of a buyers market.  A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The January 2013 numbers were: 104 active listings, 27 pending sales and 11 closed sales.   With less than half of last year’s inventory the 34997 zip code area of Stuart is doing quite well in sales.  Though, the low inventory will definitely effect future sales.

Stuart FL 34997 Condo Market Report January 2015

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

 

 

Stuart FL 34997 Residential Market Report January 2015

02.14.15 by

Stuart FL 34997 Residential Market Report January 2015

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

 

There are currently 348 active listings (Increased by 11 homes from December).

Stuart FL 34997 Residential Market Report January 2015

198 Residential sales are pending and awaiting close or lender approval (Increased by 21 homes from December).

Stuart FL 34997 Residential Market Report January 2015

76 Homes Sold in January (Decreased by 3 homes from December)

Stuart FL 34997 Residential Market Report January 2015

      The Stuart Florida Residential Market for ZIP Code 34997 continues to outperform most other Stuart FL areas in the single family real estate market.  Our inventory is lower than last year, though it did increase some from December.  Pending sales had a nice increase and only a small decrease in closed sales from last month.
     The current one month absorption rate dropped to 4.6  months (was 4.3 months for December).  Still a strong sellers 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 2013 numbers for January, were: 424 active listings, 149 pending listings and 51 closed sales.  Considerably better activity for the beginning of 2015 as compared to last year.
Stuart FL 34997 Residential Market Report January 2015

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Stuart FL 34997 Residential Market Report January 2015

 

Stuart FL 34996 Condo Market Report January 2015

02.13.15 by

Stuart FL 34996 Condo Market Report January 2015

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

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

There are currently 125 active condo listings (Down by 17 condos from last month).

Stuart FL 34996 Condo Market Report January 2015

60 Condo sales are pending and awaiting close or lender approval (Increased by 13 condos from December).

Stuart FL 34996 Condo Market Report January 2015

23 Condos Sold in January (Increased by 2 condos from December) 

Stuart FL 34996 Condo Market Report January 2015

The Stuart FL 34996 Condo Market is one of the bright spots for Martin County’s real estate market for January.  Nice increases in both pending and closed sales while many other segments of the January market were off this year.  Unfortunately our inventory of available condos is decreasing as well.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – decreased to 5.4 months from December’s 6.8 months .  Again back to a sellers’ market for January.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for January 2013 were: 171 active listings, 49 pending sales and 15 closed sales.  Considerably better activity this year even with a greatly reduced inventory.

Stuart FL 34996 Condo Market Report January 2015

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Stuart FL 34996 Condo Market Report January 2015

Stuart FL 34996 Residential Market Report January 2015

02.12.15 by

Stuart FL 34996 Residential Market Report January 2015

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

 

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

 

There are currently 160 active listings (Down by 16 homes from December).

Stuart FL 34996 Residential Market Report January 2015

41 Residential sales are pending and awaiting close or lender approval (Up by 19 homes from December).

Stuart FL 34996 Residential Market Report January 2015

7 Homes Sold in January (Decreased by 17 homes from December).

Stuart FL 34996 Residential Market Report January 2015

The 34996 zip code area of the Stuart Florida residential real estate market started off with greatly decreased closed activity from previous months.  Though, the bright note is also greater pending activity, which should equate to much better closed sales coming in the next few months.  The inventory was down, which also came as a surprise.

The one month absorption rate for the 34996 zip code area of Stuart Florida for January increased to 22.9 months as compared to December’s 7.3 months.  A huge buyers’ market, though I suspect this will be a short time phenomenon.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for January of 2013 were: 146 active listings, 33 pending sales and 17 closed sales.  Better closed activity last year, though the greater pending numbers and inventory is a good sign for later performance.

Stuart FL 34996 Residential Market Report January 2015

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

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Stuart FL 34996 Residential Market Report January 2015

Stuart FL 34994 Condo Market Report January 2015

02.11.15 by

Stuart FL 34994 Condo Market Report January 2015

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

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

 

There are currently 111 active condo listings (Up by 16 condos from December).

Stuart FL 34994 Condo Market Report January 2015

35 Condo sales are pending and awaiting close or lender approval. (Increased by 6 condos from last month) 

Stuart FL 34994 Condo Market Report January 2015

9 Condos Sold in January (Down by 1 condos from December).

Stuart FL 34994 Condo Market Report January 2015

The Stuart FL 34994 Condo market continued a bit of a slide for January.  We did get a nice jump in inventory which often happens for condos as we approach the snowbird season in South Florida.  A small increase in pending sales was also welcome, though closed sales are not keeping pace with the market at least for January.

The one month absorption rate increased to 12.3 months compared to last month’s 9.5.  Further into a buyers market after several months of being in a sellers market.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last January the numbers were 121 active listings, 46 pending sales, and 12 closed sales.  Overall, less activity for this year when compared to 2014.

Stuart FL 34994 Condo Market Report January 2015

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

Stuart Florida Market Report ZIP Code 34994 Residential January 2015

02.10.15 by

Stuart Florida Market Report ZIP Code 34994 Residential January 2015

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

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

There are currently 85 active listings (Down by 4 homes from December)

Stuart Florida Market Report ZIP Code 34994 Residential January 2015

37 Residential sales are pending and awaiting close or lender approval (Increased by 13 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential January 2015

9 Homes Sold in December (Down by 3 homes from December)

Stuart Florida Market Report ZIP Code 34994 Residential January 2015

The 34994 ZIP code area of the Stuart, Florida had a small decrease in inventory for the beginning of 2015.  Unfortunately sales were off by 3 homes, though we had a sizable increase in pending sales which should translate to higher sales numbers in the coming months.

The one month absorption rate for the 34994 zip code for January increased to 9.9 months from last months 7.4 months, back to a strong buyers market for January.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The January 2013 numbers were 67 Active Listings, 34 pending sales and 10 closed sales.  This area of Stuart FL continues with higher inventory figures from last year.   Fairly close market activity to January of last year.

Stuart Florida Market Report ZIP Code 34994 Residential January 2015

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Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 Residential January 2015

Sewalls Point Single Family Market Report January 2015

02.09.15 by

Sewalls Point Single Family Market Report January 2015

Sewalls Point Real Estate Snapshot, Residential Sales for January 2015

 

There are currently 58 active listings (No change since last month)

Sewalls Point Single Family Market Report January 2015

10 home sales are pending and awaiting close or lender approval (Up by two homes from December)

Sewalls Point Single Family Market Report January 2015

3 Homes sold in January (Decreased by 2 home from December)

Sewalls Point Single Family Market Report January 2015

The Sewalls Point single family homes market activity continues to have some difficulties. The inventory remains at a good level and pending sales were up a bit for January, but only three sales for last month.

The current absorption rate is 19.3 months, in December it was 11.6 months.  Sewalls Point single family home sales remain in a pretty extreme buyers market for January.  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 January of 2013, the inventory was 54 homes on the market, 4 pending sales and there were 12 closed sales.  Considerably better activity for the start of 2014 as compared to this year.

Sewalls Point Single Family Market Report January 2015

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Sewalls Point Single Family Market Report January 2015

 

Kingswood Condo Stuart FL Price Reduced

02.09.15 by

Kingswood Condo Stuart FL Price Reduced

A very well located Kingswood Condo in central Stuart FL has now been reduced to $80,000.

Kingswood Condo Stuart FL Price Reduced

A private wooded setting, 2nd floor unit, in rear of complex. Kitchen is open to living/dining area. Patio is glassed in with a/c, lots of natural light. Quiet setting. Large master bedroom with walk in closet. Guest bedroom also has walk in closet. Washer and dryer are located inside unit. Vaulted ceilings for open airy space.  This unit comes with a covered car port.  Fantastic location that is within walking distance to restaurants, shops and medical facilities and only a short bike ride to beaches, downtown Stuart and boat ramps. This is affordable retirement living or a great winter home away from home.

Kingswood Condo in Stuart FL Kingswood Condo 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 in Stuart FL

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.

View additional pictures of this Affordable Stuart Condo in Kingswood.

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Kingswood Condos for Sale

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Kingswood Condo Stuart FL Price Reduced

Hammock Creek Estates Lakefront Home Palm City Sold

02.06.15 by

Hammock Creek Estates Lakefront Home Palm City Sold

Thanks to the BlueWater Realty Team, 4786 SW Long Bay Drive n the estates of Hammock Creek has sold.

This is a custom built Ruttenberg “Belcourt” model in the much sought after Estates of Hammock Creek in Palm City. Situated on a private lakefront lot, this home offers 4berooms and 3 and ½ bathrooms plus an office! There’s an extended master bedroom with bay window, a gourmet kitchen, granite counter tops with stainless steel appliances. The master bathroom includes a Jacuzzi bath tub. Other features include: Installed upper track mount hurricane shutters and a surround sound system in the family room. Both sliders and all windows on the North side of the house were replaced with insulated impact glass. This home is beautiful landscaped and hosts a private setting as it backs up to a 16 acre lake. The Estates of Hammock Creek feature a resort style swimming pool, gorgeous clubhouse for entertaining, tennis courts and a tot lot. Close to A Rated Schools, the Turnpike & I- 95, shopping and beaches.

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 .

Here are the currently available homes in Hammock Creek in Palm City

For any questions you may have about Hammock Creek Estates Lakefront Home Palm City Sold, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Hammock Creek Estates Lakefront Home Palm City Sold

Foxwood Stuart FL February 2015 Market Update

02.04.15 by

Foxwood Stuart FL February 2015 Market Update

 As of Feb 2015, there are two homes on the market in the Foxwood equestrian community in Stuart, FL.  The list prices are $449,900 and $549,900 for an average of $499,900 and this equals $178.74 per sq. ft. of living area.  Both of these are conventional sales.

There are no pending sales awaiting settlement at this time.

In the past 12 months there were three sales in this western Stuart community.  Sales prices ranged from $360,000 to $435,000 for an average of $398.666 which equals $146.39 per sq. ft. of living area.  These sales averaged a 94% list to sales ratio and none of these homes were in a distressed sales situation.

Foxwood is located just west of I-95 on Pratt and Whitney road in Western Stuart Florida.  It consists of 109 home sites that are all 2 acres or larger.  Horses are permitted with a zoning of one horse per acre.   Foxwood was designed with Florida’s natural environment in mind.  Every Foxwood home is custom built with the residents encouraged to keep some natural habitat in place.  Recently, a rare Florida Panther was seen going through Foxwood.

Foxwood in Stuart Florida

Association fees are a very reasonable $450 per year.  These fees cover maintenance of the private roads, sanitation and management fees.  More information about the Foxwood Property Association can be found at this community’s property association web site: Foxwood Property Association of Stuart Florida

Foxwood Stuart FL

Construction of homes in Foxwood began in 1978.  Four phase of development ended with the last phase commencing in 1990.  Most lots have been developed with just a handful of vacant lots left of which currently none are available for sale (as of this writing).

Foxwood Stuart FL

Foxwood is located less than a mile from the ‘A’ Rated South Fork High School with easy access to Palm Beach County and only 15 minutes to downtown Stuart and the pristine beaches of Martin County.

A perfect place to call home for those who desire some room to roam yet be close to shopping, restaurants and other urban areas.

Currently Available Homes in Foxwood

Search the Martin County MLS

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Stuart Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Foxwood in Martin County Florida

Whispering Sound Palm City February 2015 Market Update

02.03.15 by

Whispering Sound Palm City February 2015 Market Update

 

There are 8 active listings in Whispering Sound in Feb of 2015 with list prices from $167,500 to $198,000 for an average of $178,525 which equals $115.41 per sq. ft. of living area.  There is one bank owned foreclosure in this set of active listings.

There are 4 pending sales with list prices from $165,000 to $194,900, at an average list price of $181,200 which equals $113.80 per sq. ft. living area.  All four of these are conventional sales (No foreclosures or short sales).

In the past 12 months, 13 homes have sold in this Martin County gated community. Sales prices ranged from $150,000 to $190,000 or an average sales price of $174,019 which equals $110.43 per sq. ft. of living area.  These 13 sales averages 96% list to sales price ratio.  There was one short sale and one bank owned foreclosure in these sales.

Whispering Sound Palm City

Whispering Sound is a gated age restricted community (55+) in Palm City FL.  An excellent location just west of the new Veteran’ Memorial Bridge on Martin Highway (State Road 714) making downtown Stuart a short ride as well as easy access to Florida’s Turnpike and I-95.  Lots of shopping, restaurants and medical facilities are also very close to Whispering Sound.

Whispering Sound Homes for Sale in Palm City FL

This attractive community has 228 villas that were built from 1991 to 1998.  These villas all come with either a two car or one car garage.  Sizes range from just under 1,800 sq. ft. of living area to 1.449 sq. ft.  Interiors range from 2 Bedroom and 2 Baths to 3 Bedroom 2 Bath homes.

Whispering Sound Homes for Sale in Palm City FL

As of this writing (Feb 2015) the Home Owners’ Association (HOA) fees are approximately $250 per month, payable quarterly.

Clubhouse of Whispering Sound Homes for Sale in Palm City FL

This active 55+ community boasts of an active club house with heated swimming pool, spa, tennis courts and shuffleboard along with many activities that will keep the most active residents happily occupied throughout the year.

Search for all Whispering Sound Homes for Sale in Palm City FL


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Whispering Sound Palm City February 2015 Market Update

Harbour Pointe Palm City Feb 2015 Market Update

02.01.15 by

Harbour Pointe Palm City Feb 2015 Market Update

There are currently 5 homes for sale in Harbour Pointe.  Asking prices range from $299,000 to $435,270 with an average asking price of $359,634 which equals $151.54 per square foot of living area.  There are no distressed homes in this group (no foreclosures or short sales).

As of this writing there are no homes under contract.

10 Homes have sold in the past 12 months. Sales prices were from $207,209  to $427,500.  The average sales price was $323,470 or $138.62 per square foot of living area.  These sales were at an average of 95% list to sales ratio.  The lowest priced sale was a bank owned foreclosure.  This was the only distressed home in these sales.

Harbour Pointe Palm City FL

Harbour Pointe is a gated community of 120 homes in Palm City Florida.  This small and private community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County!  Residents enjoy preserve and lake  views in spacious custom designed homes.

Harbour Pointe Palm City FL

This wonderful residential community is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A’ rated schools of Martin County.  Also close to shopping, restaurants as well as the beaches of Martin County as well as easy access to I-95 and Florida’s Turnpike makes it a commuters dream!

Harbour Pointe Palm City FL

Harbour Pointe Palm City FL

Currently Available Homes and Town Homes in Harbour Pointe

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Harbour Pointe Palm City Feb 2015 Market Update


14th Annual Hobe Sound Festival of the Arts

01.31.15 by

14th Annual Hobe Sound Festival of the Arts

Looking for some free fun this weekend? Come over to the 14th Annual Hobe Sound Festival of the Arts. This event runs from Saturday Jan 31 to Sunday Feb 1 and is open from 10 Am to 5 PM on both days.

14th Annual Hobe Sound Festival of the Arts

Featuring life size sculptures, original paintings, unique jewelry, photography, ceramics, and much more for the senses. 
No matter what you’re looking for, you’ll be sure to find it among the various array of artists participating in this juried art fair. As always, admission and parking are free.

 14th Annual Hobe Sound Festival of the Arts 14th Annual Hobe Sound Festival of the Arts

Directions:
Take I-95 to Exit 96 (Hobe Sound), which is Bridge Road. Then east over U.S. 1 and continue to Dixie Highway, approximately 7 miles. Make a right just before the railroad tracks and you are at the show site. The festival of the arts site is at A1A/Dixie Highway where the street intersects with Bridge Road. This will be right before the bridge and banyan trees leading to Jupiter Island.

Hope you have a chance to enjoy the 14th Annual Hobe Sound Festival of the Arts.

14th Annual Hobe Sound Festival of the Arts 14th Annual Hobe Sound Festival of the Arts

14th Annual Hobe Sound Festival of the Arts

For additional information about events in or around Martin County Florida as well as Stuart Florida real estate please contact the Gabe Sanders BlueWater Realty Team.

December 2014 Monthly Market Detail St Lucie County Townhouses and Condos

01.31.15 by

December 2014 Monthly Market Detail St Lucie County Townhouses and Condos

The December 2014 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors showed very strong sales activity for the final month of 2014. Closed sales were up by 29.8% (was down by 22.5% in November) while new sales under contract (new pending sales) increased by 20.2% (was down by 0.9% in November).

The median sales price was up by 8.3% (down 3.7% in November) and the average sales price decreased by 5.1% (was up by 8.1% in November). Prices for townhouses and condos in the St Lucie County market have been erratic for the past few months. With the improving economy and low interest rates, I expect to see increases in 2015.

The inventory of available townhouses and condos increased by 8 units from last month to 683 properties, which is still down by 22.3% from last December. Current supply of inventory remained unchanged from November at 6.5 months. This is 25.3% lower than last year. The St. Lucie County townhouse and condo market remains in a balanced market. It is good to see a continued increase in inventory for December after many months of decreases.

December 2014 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
December 2014 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.

December 2014 Monthly Market Detail St Lucie County Townhouses and Condos

December 2014 Monthly Market Detail St Lucie County Single Family Homes

01.30.15 by

December 2014 Monthly Market Detail St Lucie County Single Family Homes

December 2014 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors continues to produce year to year improvements. Though, for December the volume of sales increases has declined a little, while prices continue to rise quite strongly.  Closed sales from last year were up by 6.7% (in November they were up by 12.7%) and new sales under contract (new pending sales) increased by 10.5% (they were down by 19.9% last month).

Both median and average sales prices were up again (year to year) by 16.3% and 14.8% respectively from last December (For last month these figures were 11.9% and 5.2%).  Better increases than last month and more than double the state averages.

The inventory of active listings decreased in December (from last month) by 46 homes to 1,748, which is also lower than last year’s inventory by 20%. The current supply of inventory is only 3.6 months (a 29.5% decrease from last year). A strong sellers market for the Saint Lucie County single family home market. This reduced inventory is exerting strong pressure on keeping price increases high.  When and if more inventory comes on line, I expect price increases to moderate considerably.

December 2014 Monthly Market Detail St Lucie County Single Family Homes

Click here to view or download the full report:
December 2014 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.

December 2014 Monthly Market Detail St Lucie County Single Family Homes

December 2014 Monthly Market Detail Martin County Townhouses and Condos

01.29.15 by

December 2014 Monthly Market Detail Martin County Townhouses and Condos

December 2014 Monthly Market Detail Martin County Townhouses and Condos ended up the years with strong sales volume though prices were less than for the end of 2013. Year to year closed sales were up by 31.3% (was down by 1.8% in October) as well as new sales under contract (new pending sales) increased by 10.8% from December 2013 (was down by 0.9% in October).

The median sales price was off by 18.2% (was up by 15.8% in October) while the average sales price dropped by 13.6% (was up by 7% in October) as compared to December of 2013.  Prices have risen for most of the past two years and this may just be a one month event.

The inventory of available townhouses and condos has increased by 19 units to 509 properties from last month, though this is 20.5% less inventory than was available in December of 2013.  For December there was a 4.8 month supply of inventory (a 22.8% decrease from last year).  Still a sellers market for townhouses and condos in Martin County for December 2014.

December 2014 Monthly Market Detail Martin County Townhouses and Condos

Click here to view or download the full report:
December 2014 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.

December 2014 Monthly Market Detail Martin County Townhouses and Condos

December 2014 Monthly Market Detail Martin County Single Family Homes

01.28.15 by

December 2014 Monthly Market Detail Martin County Single Family Homes

The December 2014 Monthly Market Detail Martin County Single Family Homes picked up steam in the final month of 2014. Year to year closed sales were down by 8.6% (was up 1.2% in November). New pending sales increased by 13.7% as compared to December of 2013 (increased by 9% in November).

The median sales price was up by 5.9% from last year (down by 1.5% in November) while the average price increased by an impressive 29% (was down by 8.8% last month). We appear to be in somewhat of a roller coaster ride in the past three months as far as prices are concerned.  Though all indications to date show more positive news coming for 2015.

The inventory of available single family homes increased from November 2014 by 25 homes to 1,285 units this month, and is a 4% increase from last December.  Current supply of inventory rose slightly to 6.2 months from last month’s 6.1 (a 6.4% decrease from last year). Martin County single family home sales remain in a balanced market favoring neither the buyer nor seller.

December 2014 Monthly Market Detail Martin County Single Family Homes

Click here to view or download the full report:
December 2014 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.

December 2014 Monthly Market Detail Martin County Single Family Homes