Another Summerfield Golf Club Home Sold

Please welcome your new neighbors in Summerfield. This 3 BR, 2 BA villa sold for $220,000.

Beautifully maintained 3 bedrooms, 2 bath villa being sold fully furnished in move in condition. Located in the desirable gated community of Summerfield in Stuart FL. Features include a tiled living area, eat-in kitchen and ample closets. The covered and screened patio overlooks the 8th hole of the Champions golf course. Hurricane shutters, two car garage with plenty of storage space and a utility sink. This home is now under contract.

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/

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.

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.

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 following homes are currently available for sale in Summerfield:

Summerfield Golf Club Homes for Sale

Stuart Florida Real Estate

Another Summerfield Golf Club Home Sold

June 2014 Market Report Locks Landing in Stuart Florida

06.07.14 by Gabe Sanders

June 2014 Market Report Locks Landing in Stuart Florida

As of June 2014, there are 5 homes on the market in Locks Landing in Stuart Florida. Listing prices range from $320,000 to $529,000 for an average price per square foot of $153.69.

There are no homes currently under contract.

In the past 12 months, 21 homes have sold in Locks Landing with sales prices ranging from $260,000 to $452,500 for an average of $146 per sq. ft.

Locks Landing in Stuart Florida is a planned unit community of 243 homes on the south eastern shore of the Saint Lucie Waterway, just upstream of the Locks on the Okeechobee Water Way at Phipps Park in Stuart, Florida.

Locks Landing homes range in sizes from just under 2,000 square feet of living area to some spacious 3,000 square feet plus homes on spacious preserve lots. Many homes enjoy lake views and a few homes offer views of the Saint Lucie Waterway. This wonderful family neighborhood boasts a number of docks with available water and electrics.. Easy access through the lock to the main Saint Lucie river and out to the crystal clear waters of the Atlantic Ocean or sail west into Lake Okeechobee for a fabulous day of fresh water fishing. For those without their own boat dock, there’s a convenient boat ramp to allow all to enjoy the fabulous boating available to all residents of Martin County.

Locks landing is only moments to I-95 for those needing to commute either north or south on the Interstate. The equestrian farms of Martin County are only a short drive to the west; while to the east is shopping, restaurants, beaches and all the amenities that Martin County has to offer. This family friendly community also boasts an ‘A’ rated school system with local children attending Crystal Lake Elementary School, David L Anderson Middle School and South Fork High School

To view the current homes available for sale in Locks Landing please select the following link:
Locks Landing Homes for Sale

For any questions you may have about Locks landing, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

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

June 2014 Market Report Locks Landing in Stuart Florida

June 2014 Market Report The Retreat in Hobe Sound

06.06.14 by Gabe Sanders

June 2014 Market Report The Retreat in Hobe Sound

For the June 2014 Market Report The Retreat in Hobe Sound there are currently 4 homes on the market, ranging in price from $259,000 to $335,900 for an average of $159 per square foot of living area.

There is 1 home under contract and awaiting sale. Listing price is $239,900 at $143 per sq. ft. of living area.

In the past 12 months, 20 homes have sold in the Retreat. Sales prices ranged from a low of $208,000 to a high of $410,000 at an average of $150 per sq. ft. of living area.

This is a beautiful DiVosta master planned community at the end of Seabranch Ave just west of US-1 in Hobe Sound. The Retreat contains 555 well built CBS homes ranging from 2 BR to 4 BR homes that continue to impress their owners with their functionality and quality DiVosta construction.

Located near Schools, Golf Courses, Shopping, Medical facilities, Beaches, and all the amenities either a family or a second home owner looks forward to in Florida living. Amenities at the Retreat include a heated community pool, clubhouse, fitness room and tennis courts. Golf course access in right next door at Lost Lake.

The Retreat was a finalist in the Communities of Excellence contest in the communications division. Association volunteers under the direction of the Communications Committee utilize a bimonthly newsletter, website, bulletin boards, community television channel, town hall meetings, resident directory, email blasts, and open board meetings with published minutes to get information to and from the residents. The newsletter is particularly popular. The website provides information of a business nature, with a resident showcase for display of artwork.

Currently some select Retreat Homes are available at very attractive prices.

To view these available Retreat Homes for sale, click here.

Gabe Sanders

Stuart Florida Real Estate

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

Search All Hutchinson Island FL real estate

June 2014 Market Report The Retreat in Hobe Sound

Jensen Beach Golf and Country Club June 2014 Update

06.05.14 by Gabe Sanders

Jensen Beach Golf and Country Club June 2014 Update

There are currently 7 homes and villas available for sale in the Jensen Beach Golf and Country Club.
List prices range from $205,000 to $350,000 or an average of $153.61 per square foot of living area.

2 homes are under contract awaiting the final sale. (no short sales and no bank owned homes.) List prices are $329,900 and $315,000 for an average per square foot of living area of $144.01.

In the past 12 months, 42 homes have sold. The sales prices ranged from $160,700 to $348,000 for an average price per square foot of $141.06 with 95% sales to list price ratio. There were 3 bank owned foreclosures in this group of sales and no short sales.

The Jensen Beach Golf and Country Club in Jensen Beach Florida is one of the most desirable communities on Florida’s Treasure Coast. There are 656 homes and home sites spread out on over 240 acres of wildlife preserve with plenty of privacy and homes from four different builders. Homes began to be constructed in 2000 and new homes continue to be built to order, with a limited number of spec homes available from D.R. Horton and Renar Homes. Previous builders included WCI Communities and Engle Homes.

The Jensen beach Golf and Country Club is home to the Eagle Marsh Golf Course. This is apublic course and all are welcome to play. Inexpensive membership plans are available along with dining facilities, a snack bar and a pro shop. More information about the Eagle Marsh Golf Club can be found on their web site.

Homes in the Jensen Beach Golf and Country Club range from smaller 2 BR attached villas of approximately 1300 plus square feet of living area and single car garages to spacious one floor and two story pool homes of just over 2500 square feet with 3 car garages. In addition to the facilities associated with the Eagle Marsh Golf Club, there are two community pools and an active tennis club with 6 professional courts along with a local pro and active league play.

All of these amenities come at an incredibly attractive HOA fee of around $225 per month and include landscaping, trash pickup as well as basic cable TV service.

The Jensen Beach Golf and Country Club is attractively situated only 2 miles from the Indian River (the Intracoastal Water Way) and quaint downtown Jensen Beach, only across the causeway to the public beach of Jensen beach for those wishing to take advantage of the clear waters of the Atlantic Ocean. Less than a mile to the west is the Treasure Coast Mall and the shopping and restaurant corridor of US-1.

For those with children, the ‘A’ rated Jensen Beach High School is within walking distance from the front gate of the Jensen Beach Golf and Country Club.

Here are the currently available re-sale homes in the Jensen Beach Golf and Country Club

For new home sales from either D.R. Horton or Renar Homes please call 772-323-6996 to arrange a private appointment with a new home specialist.

For any questions you may have about the Jensen Beach Golf and Country Club, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

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

Jensen Beach Golf and Country Club June 2014 Update

Snug Harbor June 2014 Market Update

06.04.14 by Gabe Sanders

Snug Harbor June 2014 Market Update

Snug Harbor June 2014 Market Update:

As of June 2014, there are 2 active listings in Snug Harbor in Stuart, FL. The list prices are $1,580,000 and $3,200,000 for an average of $746 per sq. ft. of living area. Both of these are waterfront homes.

There are currently no homes under contract or pending.

6 homes have sold in the past 12 months. Ranging in sales price from $535,000 to $2,270,730. The average sales price per sq. ft. was $385.14. Four waterfront homes sold at an average price of $493 per sq. ft. and 2 non waterfront homes at $170 per sq. ft.

Snug Harbor remains as one of the most desirable locations in Stuart, FL. Located on the wide Saint Lucie River just east of the city of Stuart Florida is this unique subdivision.

Snug Harbor was the vision of a group of 10 Yachtsmen, many former Commodores of the Chicago Yacht Club back in 1943. They bought the land and platted the area in September 1944 as well as forming the Snug Harbor Corporation, which controlled the ownership of the lots.

In 1975 the deeds were distributed and/or sold to the then owners and a condominium form of ownership was established under the name of the Snug Harbor Yacht Club. With both waterfront and non-waterfront homes and estates, located just minutes away from the ocean by boat or car and also convenient to downtown Stuart, offices, restaurants and recreational areas.

Snug Harbor is one of the finest communities in Martin County. There are only 72 home sites with a club house, deep water marina, boat ramp, trailer parking and tennis courts. There is an active association with social activities year round that make this community a very attractive place to call home.

Please feel free to contact Gabe Sanders (772-323-6996), a Snug Harbor resident, if you would like any information about this wonderful community.

Search here for:

Snug Harbor Homes for Sale

Snug Harbor June 2014 Market Update

April 2014 Monthly Market Detail St Lucie County Townhouses and Condos

05.31.14 by Gabe Sanders

April 2014 Monthly Market Detail St Lucie County Townhouses and Condos

The April 2014 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors is a segment of the market that is not doing well this year. Most measured values are showing declines year to year. Closed sales were down by 5.9% (was down by 21.3% in March) while new sales under contract (new pending sales) decreased by 4.6% (was down by 9.9% in March). The decrease in pending sales is much less than last month which is at least a small positive.

The median sales price was down by 34.1% (up 21.1% in March) and the average sales price decreased by 2.3% (was up by 7.4% in March). This is the first month we’ve seen a decrease in values. Lack of supply and demand are both factors for this as was the torrid price rises from last year.

The inventory of available townhouses and condos decreased by 48 units from last month to 856 units which is down by 5.3% from last April. Current supply of inventory decrease to 8.4 months from the 9.6 month supply in March and is 4.5% lower from last year. This is a buyers market at present.

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

April 2014 Monthly Market Detail St Lucie County Townhouses and Condos

April 2014 Monthly Market Detail St Lucie County Single Family Homes

05.30.14 by Gabe Sanders

April 2014 Monthly Market Detail St Lucie County Single Family Homes

April 2014 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors showed strong market activity with continued rising prices, though volume has moderated. Closed sales from last year were up by only 0.6% (in March they were up by 9.9%) and new sales under contract (new pending sales) decreased by 4.9% (they were down by 8.8% last month).

Both median and average sales prices were up again (year to year) by 12.2% and 10% respectively from last April (For last month these figures were 15.7% and 12.1%).

The inventory of active listings decreased in April (from last month) by 90 homes to 2,179, which represents an increase of 29.7% from last year. Current supply of inventory is only 5.0 months (a 28.1% 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 slow down some to become a balanced market.

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

April 2014 Monthly Market Detail St Lucie County Single Family Homes

April 2014 Monthly Market Detail Martin County Townhouses and Condos

05.29.14 by Gabe Sanders

April 2014 Monthly Market Detail Martin County Townhouses and Condos

April 2014 Monthly Market Detail Martin County Townhouses and Condos continues with reduced activity from last year, though still in a healthy range with a balanced blend of supply and demand. Year to year closed sales were down by 12.2% (was down by 29.9% in March) while new sales under contract (new pending sales) was unchanged from April 2013 (was down 9% in March).

The median sales price increased by 11.3% (was up by 7.4% in March) while the average sales price increased by 11.3% (was down 11% in March) as compared to April of 2013. Interestingly, prices continue to rise with momentum in the condo and townhouse segment of the market.

The inventory of available townhouses and condos has decreased by 17 to 579 units from last month which is also 10.2% less inventory than was available in April of 2013. With values going up as much as they have, I would have expected higher inventory levels. The current supply of inventory is 5.8 months (a 13.1% decrease from last year). Though down in volume from last year, this is still a balanced market that favors neither the buyer nor the seller.

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

April 2014 Monthly Market Detail Martin County Townhouses and Condos

April 2014 Monthly Market Detail Martin County Single Family Homes

05.28.14 by Gabe Sanders

April 2014 Monthly Market Detail Martin County Single Family Homes

The April 2014 Monthly Market Detail Martin County Single Family Homes improved from a slow March though activity only slightly improved from last year. Year to year closed sales were up by only 0.5% (was down 14.7% in March). New pending sales decreased by 9.1% as compared to April of 2013 (increased by 17.5% in March). The decrease in pending sales is a bit troubling as it’s the main indicator of potential future closed sales.

The median sales price was up by 12.6% from last year (up by 4% in March) while the average price dropped by 19.3% (was down by 25.1% last month). This is a dramatic indication of the continued strong activity for the lower price ranges and a slower sales volume in the higher end luxury market.

The inventory of available single family homes decreased from March 2014 by 29 homes to 1,398 units this month, representing a 15% increase from last April. Current supply of inventory remains unchanged from last month at 7.5 months (a 4.8% increase from last year). Hovering just outside of a balanced market for now with a slight advantage for buyers.

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

April 2014 Monthly Market Detail Martin County Single Family Homes

April 2014 Monthly Market Detail Florida Townhouses and Condos

05.27.14 by Gabe Sanders

April 2014 Monthly Market Detail Florida Townhouses and Condos

For the April 2014 Monthly Market Detail Florida Townhouses and Condos for the state of Florida the rate of activity has slowed some, but is now a much healthier market than last years super heated activity. Year to year closed sales were down by 5.1% as compared to last months decrease of 5.2% and new sales under contract (new pending sales) decreased by 11% (March’s decrease was 6.2%).

Both median and average sales prices were up (year to year) by 9.8% and 10.6% respectively (in March it was 16.7% and 16.1%). These strong price appreciations is what I suspect is the cause of the decrease in market activity for condos and townhouses in Florida for April, though it is a strong balanced market at this time.

Inventory rose for the seventh month in a row, by 9.3%. The rising inventory is producing some pressure to moderate the price increases. This should help continue a strong momentum for sales activity. The 6 month supply of inventory is a good sign that we are in a balanced market.

Click on the link below or the graphic to see the full market detail report from Florida Realtors: Click here to view or download the full report: April 2014 Monthly Market Detail Florida Townhouses and Condos

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

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

April 2014 Monthly Market Detail Florida Townhouses and Condos

April 2014 Monthly Market Detail Florida Single Family Homes

05.26.14 by Gabe Sanders

April 2014 Monthly Market Detail Florida Single Family Homes

The April 2014 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors showed improved results from last year, though at a much reduced pace from 2013. Year to year closed sales were up, but only by 4.1% (was up by 2.8% in March) and new sales under contract (new pending sales) decreased by 1.1% (was up by 2.1% in March).

Both median and average sales prices continue to rise ( April 2013 to April 2014) by 6.1% and 3.8% respectively, compared to March’s 7.1% and 6.3%. While still very positive numbers, the rate of appreciation appears to be slowing.

The inventory of available homes for sale jumped by 18% from last year. This is now the seventh month of increased inventory. This increase is a direct result of rising prices as many home sellers have been waiting on the side lines for improved values. I suspect that the reduced rate of increasing values and home sales are a direct result of the increasing inventory. Currently, there are just not enough buyers to absorb this increase fully. Though with only a 5.7 months supply of inventory, this is still a healthy and balanced market.

Click here to view or download the full report:
April 2014 Monthly Market Detail Florida Single Family Homes

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

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

April 2014 Monthly Market Detail Florida Single Family Homes

River Landing Pool Home Under Contract

05.25.14 by Gabe Sanders

River Landing Pool Home Under Contract

This River Landing concrete block house with metal roof is now under contract. Lovely tile on the diagonal in all the main living areas. 4 bedrooms, 2.5 baths. Located on a stunning lakefront lot, this home is truly special. Home offers a spacious family room with wood burning fireplace. A very large pool & patio with screen enclosure overlooking the lake is picture perfect. River Landing offers community boat ramp with ocean access.

Entrance to River Landing in Palm City Florida

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.

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!

Search here for:

River Landing Homes for Sale in Palm City Florida

River Landing Pool Home Under Contract

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

05.23.14 by Gabe Sanders

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for April 2014

For March 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 21 active condo listings. (Down by 1 condo from March)

6 Condo sales are pending and awaiting close or lender approval. (Decreased by 1 condo from March)

5 Condos sold in March (Up by 2 condos from March)

The Hobe Sound condo market (Zip Code 33455) is one of the smallest segments of the Martin County real estate market (along with the Jensen Beach condo market). April 2014 market activity saw a slight decrease in inventory and pending sales and an increase in closed sales.

The current absorption rate is 4.2 months (Last month it was 7.3 months). The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market. Yet even with these low numbers, we are in a sellers market for condos in the 33455 zip code area of Hobe Sound. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The April 2013 numbers were: 21 active listings, 7 pending sales and 5 closed sales. Almost identical activity year to year.

Search here for Hobe Sound Florida Real Estate for Sale ( Condos)

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Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

05.22.14 by Gabe Sanders

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for April 2014

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

There are currently 228 active listings. (Down by 70 homes from March)

88 Residential sales are pending and awaiting close (Decreased by 20 homes from March)

42 Homes Sold in April (Up by 4 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for April had excellent market activity across the board. Please disregard the apparent large inventory decrease for this month as the Realtor Association of Martin County has changed their area definitions, hopefully we will get this sorted out for next month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 5.4 months (7.8 months in March). Back into a sellers market for Hobe Sound, which is where we were for most of 2013. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for April 2013 were: 2227 active listings, 106 pending sales and 51 closed sales. Better overall activity last year.

Search here for Hobe Sound Florida Real Estate for Sale

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Hobe Sound, FL Real Estate

Rental Properties

Rental Properties for Rent in Hobe Sound, Florida Between $0 – $500,000

Residential Properties

Residential Properties for Sale in Hobe Sound, Florida Between $0 – $500,000
Residential Properties for Sale in Hobe Sound, Florida Between $500,000 – $1,000,000
Residential Properties for Sale in Hobe Sound, Florida Between $1,000,000 – $1,500,000
Residential Properties for Sale in Hobe Sound, Florida Between $1,500,000 – $2,000,000
Residential Properties for Sale in Hobe Sound, Florida Between $2,000,000 – $2,500,000
Residential Properties for Sale in Hobe Sound, Florida Between $2,500,000 – $3,000,000

Vacant Land Properties

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Commercial Properties

Commercial Properties for Sale in Hobe Sound, Florida Between $0 – $500,000

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

05.21.14 by Gabe Sanders

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for April 2014

For April 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 29 active listings. (Increased by 6 condos from March)

9 Condo sales are pending and awaiting close or lender approval. (Down by 9 condos from March)

9 Condos Sold (Down by 7 condos from March)

The Jensen Beach Condo market (zip code 34957) is now down to only 23 active listings for April. This is a very small number and meaningful comparisons are difficult to achieve with such a small sampling of condos. April saw the first increase in inventory in four months for the Jensen beach Condo market. Both pending and closed sales were down for April.

The one month absorption rate for the April 2014, Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.2 months (1.4 months in March), still a very strong sellers market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The April 2012 numbers were: 51 active listings, 26 pending sales and 15 condos closed. 2013 had a much more active market.

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Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

05.20.14 by Gabe Sanders

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for April 2014

For April 2014 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 135 active listings. (Increased by 11 homes from last month)

80 Residential sales are pending and awaiting close or lender approval. (Down by 17 homes from March)

40 Homes Sold (Increased by 11 homes from March)

The April 2014 Jensen Beach residential real estate market, zip code 34957 had excellent closed activity for the month. Unfortunately pending sales dropped, which way be an indication of some future weakness in the number of sales. Inventory increased for the first time in three months, which will hopefully spur demand from buyers as there’s a greater selection to choose from.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 3.4 months (4.3 months in March). Continuing a very strong sellers market for Jensen Beach residential home sales. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The April 2012 numbers were: 116 active listings, 84 pending sales and 32 home sales closed. Better activity, if only slightly, this year as compared to April 2013.

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

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Jensen Beach, FL Real Estate

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Rental Properties for Rent in Jensen Beach, Florida Between $0 – $500,000

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Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

05.19.14 by Gabe Sanders

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

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

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

There are currently 53 active condo listings. (Down by 4 condos from March)

8 Condo sales are pending and awaiting close or lender approval. (Decreased by 3 condos from last month)

7 Condos Sold in April. (Up by 6 condos from March)

April saw a good improvement for closed sales for the Palm City FL real estate market for zip code 34990. Unfortunately both pending sales and the inventory declined. This is a pretty strong indication of slower activity for the future. Though, this segment of the Martin County condo market is fairly small as most Palm City real estate is residential single family homes, so there is not that much of a correlation to the ‘bigger picture’ from this segment of our market.

The current absorption rate for condos in the 34990 zip code area zoomed to 7.6 months (was 57 months in March). A 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 April 2012 numbers were: 58 active listings, 14 pending sales and 7 closed sales. Slightly better activity for last year.

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

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Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code April 2014

05.17.14 by Gabe Sanders

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code April 2014

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

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

There are currently 446 active listings (Increase of 6 homes from March)

166 Residential sales are pending and awaiting close or lender approval. (Decreased by 3 homes from last month)

82 Homes Sold in March (Increased by 34 home from March)

Wow! After two slow months to start the 2014 market, the Palm City home market (zip code 34990) improved in March and then went off the charts nearly doubling the number of closed sales for April. Pending sales had a small decrease, but this is after a large increase last month. Inventory increased slightly.

The current absorption rate plunged to 5.4 months from 9.1 months in March, 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 April 2012 numbers were: 382 active listings, 186 pending sales and 76 closed sales. Better closed sales this year, though when the inventory rise is factores in, the activity was better last year..

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Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code April 2014

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code April 2014

05.16.14 by Gabe Sanders

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code April 2014

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for April 2014

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

There are currently 111 active condo listings (Increased by 5 condos from March).

56 Condo sales are pending and awaiting close or lender approval. (Up by 1 condo from last month)

23 Condos Sold in April (Up by 10 condos from March).

All movement in the Stuart Condo market in zip code 34994 was positive. One of the few segments of Martin County with such strong numbers as well as an increase in inventory.

The one month absorption rate dropped to 5 months compared to last month’s 8.5. Back once again into 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 April the numbers were 118 active listings, 43 pending sales, and 28 closed sales. Another equally strong April for the 34994 condo market of Stuart FL.

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Stuart Florida Market Report ZIP Code 34994 – Condo, April 2014

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code April 2014

05.15.14 by Gabe Sanders

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code April 2014

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

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

There are currently 74 active listings (Decreased by 6 homes from March)

24 Residential sales are pending and awaiting close or lender approval (Down by 11 homes from March).

15 Homes Sold in March (Increased by 5 homes from March)

Three straight months of increasing closed sales for the 34994 ZIP code area of the Stuart, Florida. That’s the good news. Unfortunately both pending sales and inventory numbers declined in April. This may make the next few months much more challenging.

The one month absorption rate for the 34994 zip code for April decreased to 4.9 months from last months 8 months. A large shift 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 March 2012 numbers were 66 Active Listings, 34 pending sales and 9 closed sales. Other than pending sales, numbers are improved for this year. The drop in this years pending numbers is troubling and worth watching.

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Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

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Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

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Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

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

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

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

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Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code April 2014

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code April 2014

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for April 2014

Stuart Florida Market Report ZIP Code 34994 – Condo, April 2014

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