Emerald Lakes Townhome Sold in Stuart FL

Emerald Lakes Townhome Sold in Stuart FL

5834 SE Windsong Lane sold for $115,000.

Emerald Lakes Townhome Stuart FLAwesome lake view from this updated townhome in Emerald Lakes.  The roof was re-coated 2013 and a new A/C in 2010. New carpets also.

Emerald Lakes Townhome Stuart FL

The community of Emerald Lakes lies n the Port Salerno area of Stuart, Florida and consists of 400 2 and 3 bedroom townhomes and 130 single family villas.  The town homes and villas are governed by two separate home owners association yet share many of the same amenities.

Emerald Lakes Townhome Stuart FLSpread out over 100 acres of beautiful Florida landscape, with 3 ‘Emerald Lakes’, miles of walking paths, 7 tennis courts, 3 heated pools and two club houses.  Very conveniently located within walking distance of a Publix Grocery store, Beall’s, Walgree’s, Banks, Gold’s Gym, etc.

Emerald Lakes Townhome Stuart FLJust a few miles away are numerous Golf Courses, Martin County’s famous waterways, marinas  and beaches  and also within minutes of I-95 for easy access to locations both north and south.  Fort Lauderdale is only a little over an hour to the south and Disney World is just over 2 hours to the north.  A perfect location!

Emerald Lakes Townhome Stuart FL

Residents of Emerald lakes enjoy the good life with low HOA fees and an excellent management staff for both Home Owners’ Associations.

Emerald Lakes Townhome Stuart FL

Currently Available Homes and Town Homes in Emerald Lakes

Emerald Lakes Townhome Sold in Stuart FL

Palm City FL 34990 Condo Market Report June 2014

Palm City FL 34990 Condo Market Report June 2014

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for June 2014

 

For June 2014 in the 34990 Zip Code area of Palm City, Florida :



There are currently 56 active condo listings. (Up by 4 condos from May)

Palm City FL 34990 Condo Market Report June 2014

 

5 Condo sales are pending and awaiting close or lender approval. (Decreased by 5 condos from last month)

Palm City FL 34990 Condo Market Report June 2014

 

3 Condos Sold in June. (Down by 1 condo from May)

Palm City FL 34990 Condo Market Report June 2014

 

A second very weak month for the Palm City FL 34990 condo real estate market.  The inventory rose while both pending and closed sales declined.  The Palm City condo market is quite small and inferences into the more general condo market should not be made.

The current absorption rate for condos in the 34990 zip code area rose to 18.7 months (was 13 months in May).   A strong buyers 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 June 2012 numbers were: 54 active listings, 14 pending sales and 8 closed sales.   Much better activity in 2013.  Hopefully, this segment of the Martin County FL real estate market will strengthen soon.
 
Palm City FL 34990 Condo Market Report June 2014
 

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Palm City FL 34990 Condo Market Report June 2014

Palm City FL 34990 Residential Market Report June 2014

Palm City FL 34990 Residential Market Report June 2014

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for June 2014

 

For May 2013 in the 34990 Zip Code area of Palm City Florida :


There are currently 444 active listings (An increase of 8 homes from May)

Palm City FL 34990 Residential Market Report June 2014

 153 Residential sales are pending and awaiting close or lender approval. (Decreased by 22 homes from last month)

Palm City FL 34990 Residential Market Report June 2014

94 Homes Sold in May (Up by 22 homes from May)

Palm City FL 34990 Residential Market Report June 2014

     A good strong June for closed sales in the Palm City FL 34990 residential real estate market.   Unfortunately pending sales were off, a potential warning for weaker future sales.  The inventory remained strong with a small increase.
 
     The current absorption rate decreased to 4.7 months from 6.1 months in May, putting the Palm City residential real estate market back into a sellers market.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

     The June 2012 numbers were:  382 active listings, 162 pending sales and 69 closed sales.  Considerably grater closed activity this year, but weaker pending sales figures.

Palm City FL 34990 Residential Market Report June 2014

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Palm City FL 34990 Residential Market Report June 2014

Stuart FL 34997 Condo Market Report June 2014

Stuart FL 34997 Condo Market Report June 2014

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for June 2014

 

For June 2014 in the 34997 Zip Code area of Stuart, Florida :

There are currently 67 active condo listings (Down by 7 condos from May).

Stuart FL 34997 Condo Market Report June 2014

 

28 Condo sales are pending and awaiting close or lender approval (Down by 4 condos from May).

Stuart FL 34997 Condo Market Report June 2014

 

15 Condos Sold in June (Decreased by 13 condos from May).

Stuart FL 34997 Condo Market Report June 2014

 

A considerable easing of activity for the Stuart FL condo market for zip code 34997 in June of 2014.  If you read my previous market reports for this segment of the Martin County market, this was not unexpected as pending sales have been decreasing over the past few months and continued to do so in June.  Both closed sales as well as available inventory also continue to decrease.  Though, this is still a very active market.  It’s just that the super strong Spring activity is not sustainable for this area for the summer.

The one month absorption rate is now 4.7  months from last months 2.6.  Still in a sellers 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 June 2012 numbers were: 77 active listings, 32 pending sales and 8 closed sales.  Continuing to be a better market tha last year and slowly getting back into a more sustainable activity level.

Stuart FL 34997 Condo Market Report June 2014

 
 
 

 

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for June 2014

 

 

Stuart FL 34997 Residential Market Report June 2014

Stuart FL 34997 Residential Market Report June 2014

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for June 2014

 

There are currently 381 active listings (Decreased by 32 homes from May).

Stuart FL 34997 Residential Market Report June 2014

185 Residential sales are pending and awaiting close or lender approval (Increased of 21 homes from May).

Stuart FL 34997 Residential Market Report June 2014

80 Homes Sold in June (Decreased by 27 homes from May)

Stuart FL 34997 Residential Market Report June 2014

      The Stuart Florida Residential Market for ZIP Code 34997 has been one of the hottest areas for Martin County residential sales.  Unfortunately, June saw a little decrease in activity with 27 fewer sales from the previous month.  Though, pending sales increased which is a good indicator for strong future sales.  Inventory was down by a fairly significant number making fewer options available for buyers of single family homes in the Stuart area.
 
 
     The current one month absorption rate rose to 4.8 months (was 3.9 months for May).  A 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 June, were: 332 active listings, 172 pending listings and 68 closed sales.  This segment of the Stuart residential market has a dramatic increase in inventory when compared to last year.  Considerably stronger activity in this segment of the Stuart residential real estate market.
 
Stuart FL 34997 Residential Market Report June 2014
 
 

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Stuart FL 34997 Residential Market Report June 2014

Another Emerald Lakes Townhome Stuart FL Under Contract

Another Emerald Lakes Townhome Stuart FL Under Contract

Emerald Lakes Townhouses in Stuart FL

Freshly painted and ready to go. A beautiful 2 bedroom/ 2.5 bath townhome in Emerald Lakes of Stuart FL. Include a newer kitchen and appliances along with neutral tile throughout the 1st floor. The upper level has clean Berber carpets for floor coverings. There’s also a brand new hot water heater and a newer A/C (2008). The roof shingles and fence ere recently painted. The master bedroom features a large walk in closet. Emerald Lakes is a gated community with pools & tennis courts. 2 pets allowed up to 40 Lbs. 2 assigned parking spaces + guest spot. Minutes to pristine Ocean Beaches, I95, shopping, restaurants & entertainment.

Emerald Lakes Townhouses in Stuart FL

The community of Emerald Lakes lies in the Port Salerno area of Stuart, Florida and consists of 400 2 and 3 bedroom townhomes and 130 single family villas.  The town homes and villas are governed by two separate home owners association yet share many of the same amenities.

Emerald Lakes Townhouses in Stuart FL

Spread out over 100 acres of beautiful Florida landscape, with 3 ‘Emerald Lakes’, miles of walking paths, 7 tennis courts, 3 heated pools and two club houses.  Very conveniently located within walking distance of a Publix Grocery store, Beall’s, Walgreen’s, Banks, Gold’s Gym, etc.Emerald Lakes Townhouses in Stuart FL

Just a few miles away are numerous Golf Courses, Martin County’s famous waterways, marinas  and beaches  and also within minutes of I-95 for easy access to locations both north and south.  Fort Lauderdale is only a little over an hour to the south and Disney World is just over 2 hours to the north.  A perfect location!

Emerald Lakes Townhome Stuart FL

Residents of Emerald lakes enjoy the good life with low HOA fees and an excellent management staff for both Home Owners’ Associations.

Emerald Lakes Townhome Stuart FL

Currently Available Homes and Town Homes in Emerald Lakes

Search the Martin County MLS

Another Emerald Lakes Townhome Stuart FL Under Contract

Stuart FL 34996 Condo Market Report June 2014

Stuart FL 34996 Condo Market Report June 2014

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for June 2014

For June 2014 in the 34996 Zip Code area of Stuart, Florida :

There are currently 139 active condo listings (Down by 6 condos from last month).

Stuart FL 34996 Condo Market Report June 2014

 

  33 Condo sales are pending and awaiting close or lender approval (Decreased by 2 condos from May).

Stuart FL 34996 Condo Market Report June 2014

 

17 Condos Sold in June (Decreased by 9 condos from May) 

Stuart FL 34996 Condo Market Report June 2014

 

A second month in a row for decreasing activity in the Stuart FL 34996 Condo Market.   Both pending and closed sales were off from last month.  Unfortunately this segment of the Stuart condo market has slipped back into a bit of the doldrums.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – increased to 8.2 months from May’s 5.6 months .  Now back into a buyers market after more than a year of strong activity.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for June 2012 were: 184 active listings, 31 pending sales and 17 closed sales.  Comparing this activity to last year, we are still more active when the reduced inventory is factored into the mix.

Stuart FL 34996 Condo Market Report June 2014

 

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Stuart FL 34996 Condo Market Report June 2014

Stuart FL 34996 Residential Market Report June 2014

Stuart FL 34996 Residential Market Report June 2014

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for June 2014

 

For June 2014 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 177 active listings (Decreased by 10 home from May).

Stuart FL 34996 Residential Market Report June 2014

 

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

Stuart FL 34996 Residential Market Report June 2014

15 Homes Sold in June (Decreased by 5 homes from May).

Stuart FL 34996 Residential Market Report June 2014

After a promising trend in May for the 34996 zip code area of the Stuart Florida residential real estate market, June numbers went in the wrong direction.  Closed and pending sales were both off and the inventory decreased as well.

The one month absorption rate for the 34996 zip code area of Stuart Florida for June increased to 11.8 months as compared to May’s 9.4 months.  Still a buyers market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for June of 2012 were: 153 active listings, 42 pending sales and 21 closed sales.   This segment of the Stuart market continues to lag behind the results from 2013 as well as other areas of Martin County.

Stuart FL 34996 Residential Market Report June 2014

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Stuart FL 34996 Residential Market Report June 2014

Stuart FL 34994 Residential Market Report June 2014

Stuart FL 34994 Residential Market Report June 2014

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for June 2014

 

For June 2013 in the 34994 Zip Code area of Stuart, Florida:

There are currently 71 active listings (Decreased by 2 homes from May)

Stuart FL 34994 Residential Market Report June 2014

34 Residential sales are pending and awaiting close or lender approval (Up by 2 homes from May).

Stuart FL 34994 Residential Market Report June 2014

13 Homes Sold in June (Increased by 3 homes from May)

Stuart FL 34994 Residential Market Report June 2014

June activity for the 34994 ZIP code area of the Stuart, Florida showed positive results with both increased pending and closed sales.  The only caution is the continued decrease of inventory making for less potential home sales for the future.

The one month absorption rate for the 34994 zip code for June decreased to 5.5 months from last months 7.3 months.  A  shift back into a sellers market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The June 2012 numbers were 54 Active Listings, 36 pending sales and 11 closed sales.   Considering the increased inventory this year as compared to 2013, market activity is not quite as robust.

Stuart FL 34994 Residential Market Report June 2014

 

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Stuart Florida Market Report ZIP Code 34994 Residential June 2014

Sewalls Point Single Family Market Report June 2014

Sewalls Point Single Family Market Report June 2014

Sewalls Point Real Estate Snapshot, Residential Sales for June 2014

 

There are currently 53 active listings (Down by 5 homes from May)

Sewalls Point Single Family Market Report June 2014

11 Residential sales are pending and awaiting close or lender approval (Down by 3 homes from last month)

Sewalls Point Single Family Market Report June 2014

5 Homes sold in June (Unchanged from May)

Sewalls Point Single Family Market Report June 2014

The Sewalls Point single family homes market activity for June 2014 had the same number of closed sales as in May.  Both the inventory and pending sales declined for June.  Whether this means decreased activity for the future or not remains to be seen, but it appears to be the case.

The absorption rate is currently 10.6 months better than last months 11.6 but still of room for improvement.  It’s been a strong buyers market for Sewalls Point in the past 5 months now, as activity for this community has slowed this year.  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 June of 2013, the inventory was 52 homes on the market, 10 pending sales and there were 8 closed sales.  Better closed activity in 2013.  Other parameters are mostly unchanged.

Sewalls Point Single Family Market Report June 2014

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Sewalls Point Single Family Market Report June 2014

 

River Landing Pool Home For Lease

River Landing Pool Home For Lease

River Landing Pool Home 

Lovely home in quiet, gated boating community of River Landing now available for annual lease. Formal living room and dining room. Open kitchen to family room with breakfast bar and eat-in kitchen. House wraps around a large screened pool area overlooking the lake. Heavily landscaped. Master bath has spa tub with separate shower, double sinks, and 2 walk-in closets. There is a wood burning fireplace in the family room. Laundry room is inside. River Landing offers community boat ramp with ocean access.

River Landing Pool Home
River Landing Pool Home
One of the little known gems of the Treasure Coast, River Landing is home to 96 custom built homes on the shores of the South Fork of the Saint Lucie River.  There is currently one vacant lot left in River Landing.  Homes in River landing were first built in 1986 and as of this writing the last one was built in 2007.  Both one and two story homes on generous sized lots of approximately 1/3 of an acre and some with larger lots.  Home sizes range from 3 bedroom homes with under 2,000 sq. ft. of living area up to 5 BR with almost 4,500 sq. ft. of air conditioned space.  Low HOA fees of $400 per quarter include basic cable TV services, trash pickup, security gate and maintenance and upkeep of the common areas.
River Landing Pool Home
River Landing River Access

This one of a kind gated community offers child and pet friendly quiet streets and has an ocean access boat ramp as well as RV/Trailer/Boat storage facility, tennis courts and playground.

Homes are surrounded by wetland preserves, lakes and forested areas.

 

River Landing in palm City Florida Playground

Living in River Landing is like being on vacation year round with its quick access to the St. Lucie River for a great day of fishing on your boat. The homes in River Landing are mostly new with some older updated homes, and mostly spacious with ample space to give you the privacy you want.  Palm City is a wonderful town to live in because of its closeness to I-95 and Florida’s Turnpike as well as its “A” rated school system, entertainment and fantastic local restaurants!

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River Landing Homes for Sale in Palm City Florida

 

 

River Landing Pool Home For Lease

Summerfield Golf Club Market Update for July 2014

Summerfield Golf Club Market Update for July 2014 – Home of the Champions Golf Club

Summerfield Golf Club

As of July 2014:
There are 13 homes on the market ranging in listing price from $249,000 to $479,000 with an average of $162.64 per square foot of living area.  No foreclosures or short sales in these listings.

There are 6 homes under contract (pending) awaiting their closing. Asking prices are from $189,500 to $459,900 at an average of $146.43 per square foot of living area.  There is one short sale and one bank owned foreclosure in this group of pending sales.

In the past 12 months, 27 homes have sold.  Sales prices ranged from $219,900 to $605,000 for an average of $148.64 per square foot of living area.  Included in these sales were 2 bank owned foreclosures.

Summerfield Golf Club is located on over 275 acres and hosts a little over 500 single family homes adjoining the Champions Golf Course.  Selected as one of the top 10 Golf Courses he nation by Golf Magazine in 1995, it is the first public golf course awarded the Audubon Signature Sanctuary Statuary because of its natural beauty.  This Tom Fazio designed course is open to the public with very reasonable membership fees.  Visit the Champions Course web site for more information at http://www.thechampionsgolfclub.com/

Summerfield Golf Club

The residential section is known as Summerfield Golf Club and is a secured gated community with homes ranging in size from smaller 2 bedroom coach homes of around 1500 square feet up to 5 bedroom estate homes boasting over 3,000 square feet of living area.

the Champions Club at Summerfield

Summerfield boasts an exceptionally large community pool and clubhouse with dining and entertainment facilities, fitness center and a professional 6 court Tennis club.  All of these amenities available at very reasonable HOA fees, along with the convenience of on-site manager to handle any issues that may arise.

Summerfield Golf Club

Very conveniently located near US-1 and Cove Rd, residents can enjoy close proximity to shopping, medical facilities with downtown Stuart only minutes away and only 30 minutes to the palm Beaches.  Easy access to I-95 where travel to Orlando or Miami is only 2 hours by car.

the Champions Club at Summerfield

Summerfield Golf Club

The following homes are currently available for sale in Summerfield:

Summerfield Golf Club Homes for Sale

Stuart Florida Real Estate

Summerfield Golf Club Market Update for July 2014

July 2014 Market Update for the Archipelago of Sewalls Point

July 2014 Market Update for the Archipelago of Sewalls Point

For July of 2014 there are two active listings on the market in the Archipelago of Sewalls Point.  Listing prices are $1,725,000 and $1,995,000 for an average list price of $564 per sq. ft.

There are no homes are currently under contract.

In the past 12 months, 1 home sold for $$799,000 for a price of $329. per sq. ft. of living area.

Aerial of the Archipelago of Sewalls Point

Located in the prestigious town of Sewalls Point, Florida the Archipelago is a non gated neighborhood of all waterfront homes with access to the crystal clear waters of the Atlantic Ocean through the Saint Lucie Inlet in Martin County, Florida.  All the homes in the Archipelago are on either the wide waters of the Indian River or located on deep water canals.  The Saint Lucie Inlet to the Atlantic is less than two miles away by water.  Access is maintained by dredging all Archipelago waterways to 6’.  Homes range from modest older frame homes, to spectacular estate lots with magnificent views.

 View of the Archipelago of Sewalls Point

View of the Archipelago of Sewalls Point

The link below will take you to all currently available Archipelago homes in Sewalls Point, Florida

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The Archipelago of Sewalls Point

the Florida Club July 2014 Market Activity

the Florida Club July 2014 Market Activity

Stuart, Florida

As of July, 2014:

There are 12 active listings for Florida Club homes for sale ranging in price from $222.500 to $525,000 with an average price per square foot of $159.75.  (None of these homes are distressed sales.

There are 5 homes under contract awaiting the sale with listing prices ranging from $214,900 to $374,900 for an average of $148.40 per square foot of living area.  One of these pending sales is a short sale.

In the past 12 months, 40 homes have sold in the Florida Club with sales prices ranging from $174,900 to $460,000 for an average sales price of $142.07 per square foot of living area.  Of these 40 sold homes, there was only 1 short sale and 1 bank owned foreclosure.

the Florida Club July 2014 Market Activity

Conveniently located at the gateway to Stuart, Florida and Martin County, the Florida Club is a DiVosta built golf club community located off Kanner Highway and within minutes of I-95. This non-equity golf club community consists of 433 homes.  113 homes in the estates section of the Florida Club featuring larger lots and spacious estate sized homes.  Many with both lake or golf course views and a few with both.  The remaining Florida Club homes feature either single family or attached one story villas, many also with golf course and/or lake views.  Residents of the Florida Club can enjoy daily golf or if the wish can forgo being a member and just enjoy the benefits of living in a wonderful gated community without the expense of golf club membership.  Additionally for those wishing to play only occasional (or just seasonal) golf, the Florida Club is open for non-members.

the Florida Club July 2014 Market Activity

As of this writing, homes can be purchased in the Florida Club from the mid to high $100’s for villas to the upper $400’s for larger estate homes. Perfect for anyone who wants the convenience of easy access to I-95 with Palm Beach, Fort Lauderdale and Miami, just a quick trip to the south and Orlando to the north. Yet still only minutes to the wonderful Atlantic Beaches of both Stuart or Hobe Sound and Jupiter Island.

the Florida Club July 2014 Market Activity

The Martin County location ensures low property taxes and ‘A’ rated school system. Enjoy the Florida sunshine and all that this friendly neighborhood has to offer.

the Florida Club July 2014 Market Activity

For more information about golf at the Florida Club July 2014 Market Activity please visit their web site: Florida Club Web Site and watch their welcome video below:

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the Florida Club July 2014 Market Activity

July 2014 Market Report for Osprey Cove in Hobe Sound

July 2014 Market Report for Osprey Cove in Hobe Sound

There are currently 6 homes for sale in Osprey Cove in Hobe Sound, FL.  Listing prices range from $569,000 to $689,900 for an average price per square foot of living area of $230.59.

There are no homes currently under contract in Osprey Cove.

In the past 12 months, 3 homes have sold with sales prices ranging from $559,000 to $615,000 at an average of $182.55 per sq. ft. of living area.

July 2014 Market Report for Osprey Cove in Hobe Sound

 

Osprey Cove in Hobe Sound, Florida is a waterfront community off of Gomez Avenue in the vibrant Hobe Sound area of Martin County, Florida.  It is also known as the Osprey Cove Yacht Club and boasts 32 deep water boat slips just off the Intracoastal Waterway.  There are only 86 homes in this gated community that broke ground in late 2000 with homes being completed from 2000 through 2006.   Homes range in size from 3 bedroom, 3 bathroom, 2 car garage homes of 2,230 sq. ft. to 5 bedroom, 4 and 1/2 bathroom, 3 car garage pool homes of over 4,000 sq. ft. of living area.  There’s also a community pool and tennis court available to all residents.

July 2014 Market Report for Osprey Cove in Hobe Sound

For boaters, the docks are approximately 5 miles from the Saint Lucie Inlet of Martin County and just under 10 miles from the Jupiter Inlet in Palm Beach County.  All Osprey Cove residents enjoy easy access to shopping, restaurants and the pristine beaches of Jupiter Island in Martin County.

For families, the Martin County School District is one of the highest rated in Florida and children attend the Hobe Sound elementary school, Murray middle school and South Fork high school.  There are also a number of excellent private schools located nearby, including the Pine School.

July 2014 Market Report for Osprey Cove in Hobe Sound

You can find additional information at the Osprey Cove in Hobe Sound Homeowner’s Association web page.

July 2014 Market Report for Osprey Cove in Hobe Sound

For any questions you may have about Osprey Cove in Hobe Sound, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Hobe Sound Florida Real Estate

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

July 2014 Market Report for Osprey Cove in Hobe Sound

June 2014 Market Update River Marina Stuart

June 2014 Market Update River Marina Stuart

Here’s the latest update for the River Marina Community of Stuart FL:

River Marina Homes and Townhomes in Stuart FL

Currently 5 active listings  3 homes and 2 townhomes) on the market at prices of $419,000 to $168,000 for an average of $132.52 per square ft. of living area.

There are 5 homes under contract awaiting settlement (3 homes and 2 townhomes) with list prices from $279,900 to $128,000 at an average of $110.28 per sq. ft. of living area.

In the past 12 months, 11 homes have sold (10 homes and 1 townhome) with sales prices from $330,000 to $132,000 at an average sale price per square foot of $122.53

River Marina Homes and Townhomes in Stuart FL

River Marina is a newer community consisting of 84 single family homes built from 2006 to 2008 ranging in size from 3 BR, 1600 sq. ft. homes to 5 BR homes with 3,380 sq. ft of living area. 14 of these homes are waterfront with Ocean access through the South Fork of the Saint Lucie River. The single family homes in River Marina are in a gated enclave.

River Marina Homes and Townhomes in Stuart FL

Also available are newer townhomes in a non-gated area. Currently only about 47 townhomes have been built with plans for a total of approximately 220 units. Both 2 and 3 Bedroom townhomes are available with 1627 sq. ft. of living area and a 1 car garage. There’s a community pool and easy access to recreational areas.

River Marina Homes and Townhomes in Stuart FL

June 2014 Market Update River Marina Stuart

River Marina Homes and Townhomes for Sale

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May 2014 Monthly Market Detail St Lucie County Townhouses and Condos

May 2014 Monthly Market Detail St Lucie County Townhouses and Condos

The May 2014 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors rebounded pretty well after a fairly difficult spring season.  Closed sales were up by 24.6% (was down by 5.9% in April) while new sales under contract (new pending sales) decreased by 13.6% (was  down by 4.6% in April).  While a very nice increase in closed sales, the continuing decrease of pending sales is a bit troubling.

The median sales price was up by 1.2% (down 34.1% in April) and the average sales price decreased by 1.3% (was down by 2.3% in April).  Last month was the first decrease in values in over a year.  A nice rebound this month.  It will be interesting to note if this trend continues.

The inventory of available townhouses and condos decreased by 41 units from last month to 815 units which is down by 7.8% from last May.  Current supply of inventory decreased to 7.8 months from the 8.4 month supply in April and is 8.2% lower than last year.  The St. Lucie County townhouse and condo market appears to be strengthening at present.

St Lucie Condo Townhouse May 2014

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

May 2014 Monthly Market Detail St Lucie County Townhouses and Condos

May 2014 Monthly Market Detail St Lucie County Single Family Homes

May 2014 Monthly Market Detail St Lucie County Single Family Homes

May 2014 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors showed strong market activity with continued rising prices, with increased volume from last year.  Closed sales from last year were up by 28.7% (in April they were up by only 0.6%) and new sales under contract (new pending sales) increased by 3.2% (they were down by 4.9% last month).

Both median and average sales prices were up again (year to year) by 8.3% and 9.9% respectively from last May (For last month these figures were 12.2% and 10%). Continued strong price appreciation for St. Lucie single family homes.

The inventory of active listings decreased in May (from last month) by 44 homes to 2,035, which is still greater than last year by 22%.  Current supply of inventory is only 4.6 months (an 18.3% increase from last year).   Still a sellers market for the Saint Lucie County single family home market.  While not as red hot as last year, it is still very positive and could still has room to slow to become a balanced market.

St Lucie Single Family May 2014

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

May 2014 Monthly Market Detail St Lucie County Single Family Homes

May 2014 Monthly Market Detail Martin County Townhouses and Condos

May 2014 Monthly Market Detail Martin County Townhouses and Condos

May 2014 Monthly Market Detail Martin County Townhouses and Condos continues with reduced activity from last year, though still an active market, currently with a slight sellers advantage.  Year to year closed sales were up by 0.8% (was down by 12.2% in April) while new sales under contract (new pending sales) decreased by 20.8% from May 2013 (was unchanged in April).  The decrease in pending sales may be an indication of some future weakness in this market.

The median sales price decreased by 1.0% (was up by 11.3% in April) while the average sales price decreased by 19.3% (was up 11.3% in April) as compared to May of 2013.  After nearly a year of pretty impressive price rises, values were off for this month.

 The inventory of available townhouses and condos has decreased by 14 to 565 units from last month which is also 7.7% less inventory than was available in May of 2013.  With values having gone up as much as they have, I would have expected higher inventory levels.  The current supply of inventory is 5.7 months (an 8.5% decrease from last year).  While a very strong month, I’m a bit concerned over the decrease in both inventory and pending sales.

Martin Condo Townhouse May 2014

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

May 2014 Monthly Market Detail Martin County Townhouses and Condos

May 2014 Monthly Market Detail Martin County Single Family Homes

May 2014 Monthly Market Detail Martin County Single Family Homes

The May 2014 Monthly Market Detail Martin County Single Family Homes showed excellent activity.  Martin County single family home sales exceeded the average in the state and is showing excellent strength.  Year to year closed sales were up by 18.6% (was up only 0.5% in April). New pending sales decreased by 0.4% as compared to May of 2013 (decreased by 9.1% in April).  I would have liked to see some stronger new pending sale numbers.

The median sales price was up by 8.0% from last year (up by 12.6% in April) while the average price increased by 4.3% (was down by 19.3% last month).  Ideally price increases in the single digits, like this month, are a good healthy sign for the market.

The inventory of available single family homes increased from April 2014 by 22 homes to 1,420 units this month, representing a 21.8% increase from last May.  Current supply of inventory remains unchanged from last month at 7.5 months (a 9.6% increase from last year).  Hovering just outside of a balanced market for now with a slight advantage for buyers.

Martin Single Family May 2014

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

May 2014 Monthly Market Detail Martin County Single Family Homes