Hobe Sound Florida Market Report ZIP Code 33455 Condo October 2013
11.27.13 by
Hobe Sound Florida Market Report ZIP Code 33455 Condo October 2013
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for September 2013
For September 2013 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 15 active condo listings. (Up by 1 condos from September)
4 Condo sales are pending and awaiting close or lender approval. (Up by 1 condo from September)
1 Condos sold in September (Decreased by 4 condos from September)
The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. For October, there was little change in the market, but unfortunately closed sales dropped to only 1 unit.
The absorption rate for October jumped to 15 moths from last months sellers market of 2.8 months. Back to a strong buyers advantage for those in the Hobe Sound condo market.. Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer. These 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.
The October 2012 numbers were: 29 active listings, 7 pending sales and 2 closed sales. With only half of last years inventory, it’s difficult to generate any good market activity for Hobe Sound condos.
Please use the charts below as reference only as they rely on all residential types of property in the 33455 real estate market:
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Hobe Sound Florida Market Report ZIP Code 33455 Condo October 2013
Hobe Sound Florida Market Report ZIP Code 33455 Residential October 2013
11.26.13 by
Hobe Sound Florida Market Report ZIP Code 33455 Residential October 2013
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for October 2013
For October 2013 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 249 active listings. (Up by 4 homes from September)
84 Residential sales are pending and awaiting close (Increased by 15 homes from September)
26 Homes Sold in October (Down by 23 homes from last month)
The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County remains quite active and is one of the strongest performing areas of our county. After last month’s large decrease in pending sales, we had a significant decrease in closed sales this moth as well. Hopefully, this is just a seasonal effect and will not signify slower sales for the near future.
The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 is at 9.6 months (5 months in September). This is an unexpected jump back into a fairly strong buyer’s market. An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.
The numbers for October 2012 were: 300 active listings, 79 pending sales and 26 closed sales. Slightly better numbers for this year when the reduced inventory is factored into the activity.
Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:
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Hobe Sound, FL Real Estate
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Hobe Sound Florida Market Report ZIP Code 33455 Residential, October 2013
Jensen Beach Florida Market Report ZIP Code 34957 Condo October 2013
11.25.13 by
Jensen Beach Florida Market Report ZIP Code 34957 Condo October 2013
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for October 2013
For October 2013 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
There are currently 36 active listings. ( Increased by 1 condos from September)
13 Condo sales are pending and awaiting close or lender approval. (Down by 4 condo from September)
7 Condos Sold (Increased by 2 condos from September)
The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market. Inventory remains very low even though we’ve had small increases in the past two months. Pending sales were off for the second month while closed sales rose slightly.
The one month absorption rate for the October 2013, Jensen Beach Florida Market Report ZIP Code 34957 jumped to 5.1 months (7 months in September), signifying a step into a slight sellers market. A balanced market is considered to be a 6 month absorption rate favoring neither the buyer or seller.
The October 2012 numbers were: 29 active listings, 22 pending sales and 8 condos closed. Not as good a market this year as compared to last for the Jensen beach Condo segment of the Martin County real estate market.
Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:
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Jensen Beach Florida Market Report ZIP Code 34957 Condo October 2013
Jensen Beach Florida Market Report ZIP Code 34957 Residential October 2013
11.24.13 by
Jensen Beach Florida Market Report ZIP Code 34957 Residential October 2013
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for October 2013
For October 2013in the 34957 Zip Code area of Jensen Beach, Florida :
There are currently 127 active listings. (An increase of 3 homes from last month)
75 Residential sales are pending and awaiting close or lender approval. (Up by 6 homes from September)
17 Homes Sold (Decreased by 11 homes from September)
For October 2013 the most significant change for the Jensen Beach residential real estate market, zip code 34957 was a considerable drop in closed sales. An increase in pending sales bodes well for future sales as does the second month of a slowly increasing inventory.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 jumped to 7.5 months (4.4 months in September). A slight buyer’s market for now. A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The October 2012 numbers were: 109 active listings, 74 pending sales and 24 home sales closed. Interestingly the inventory for the Jensen beach residential real estate market is higher this year than last, unlike most other parts of Martin County. Overall the activity for this year was not as good as for 2012.
Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:
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Jensen Beach Florida Market Report ZIP Code 34957 Residential October 2013
Palm City Florida Market Report ZIP Code 34990 Condo October 2013
11.23.13 by
Palm City Florida Market Report ZIP Code 34990 Condo October 2013
Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for October 2013
For October 2013 in the 34990 Zip Code area of Palm City, Florida :
There are currently 59 active condo listings. (Up by 4 condos from September)
6 Condo sales are pending and awaiting close or lender approval. (Decreased by 2 condos from last month)
4 Condos Sold in October. (Down by 1 condo from September)
The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes. Thus making meaningful market comparisons somewhat difficult as small changes can have a great effect on the percentages and results. The October market activity showed the second month in a row of increased inventory, though unfortunately both pending and closed sales were off.
The current absorption rate for condos in the 34990 zip code area is 14.8 months (was 11 months in September), signifying a buyers market. A balanced market is considered to be an absorption rate of around 6 months.
The October 2012 numbers were: 59 active listings, 9 pending sales and 4 closed sales. Almost identical to 2012 activity with fewer pending sales this year.
Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:
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Palm City Florida Market Report ZIP Code 34990 Condo October 2013
Palm City Florida Market Report ZIP Code 34990 Residential October 2013
11.22.13 by
Palm City Florida Market Report ZIP Code 34990 Residential October 2013
Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for October 2013
For October 2013 in the 34990 Zip Code area of Palm City Florida :
There are currently 416 active listings (An increase of 37 homes from September)
144 Residential sales are pending and awaiting close or lender approval. (Decreased by 3 homes from last month) 
54 Homes Sold in October (Increased by 6 homes from September)
After some disappointing sales numbers for September for the Palm City, zip code 34990, area of Martin County Florida, there was a rebound for October.. Also, the second month in a row with sizable gain in inventory. Pending sales were off slightly. Most interesting is the increase in inventory.
The current absorption rate dropped slightly to to 7.7 months from 7.9 months in September, but is at a much more sustainable rate than the hot sellers market we had in Palm City during the spring and early summer. A slight buyers market. A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers. I don’t expect a buyers market to last, as I think sales will be picking up soon in Palm City once again.
The October 2012 numbers were: 420 active listings, 150 pending sales and 49 closed sales. Very similar activity to last year.
Please use the charts below as reference only as they rely on all residential types of property in the 34990 real estate market:
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Palm City Florida Market Report ZIP Code 34990 Residential October 2013
Stuart Florida Market Report ZIP Code 34994 Condo, October 2013
11.21.13 by
Stuart Florida Market Report ZIP Code 34994 Condo, October 2013
Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for October 2013
For October, 2013 in the 34994 Zip Code area of Stuart, Florida :
There are currently 121 active condo listings (Increased by 2 condos from September). 
43 Condo sales are pending and awaiting close or lender approval. (Down by 5 condos from last month)
14Condos Sold in October (Decreased by 1 condo from September).
For the summer season in the Stuart Condo market for zip code 34994 both pending and closed sales were down again for October. The inventory grew for a second month in a row by 2 condos. Not unexpected results as the condo market in Martin County is very seasonably dependent, though other segments of the Stuart condo market have had better activity. We are now awaiting the ‘snowbirds’ to return and to see how they feel about buying in our market.
The one month absorption rate rose to 8.6 months compared to last months 7.9. Back into a more pronounced buyer’s market. Typically a real estate market is considered to be a balanced market with an absorption rate of 6 months. Meaning neither the buyers or sellers have an advantage in the real estate market.
Last October the numbers were 143 active listings, 45 pending sales, and 13 closed sales. When the reduced inventory is accounted for, the real estate market for condos in the 34994 zip code area of Stuart is still out-performing October 2012 activity.
Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:
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Stuart Florida Market Report ZIP Code 34994 – Condo, October 2013
Stuart Florida Market Report ZIP Code 34994 Residential October 2013
11.20.13 by
Stuart Florida Market Report ZIP Code 34994 Residential October 2013
Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for October 2013
For October, 2013 in the 34994 Zip Code area of Stuart, Florida :
There are currently 62 active listings (Down 12 from September)
48 Residential sales are pending and awaiting close or lender approval (Up 12 homes from September).
8 Homes Sold in September (Decreased by 1 home from September)
The 34994 ZIP code area of the Stuart, Florida had mixed activity for October. The inventory of available homes is now only 50 homes, which is very low. Pending sales had a nice jump and closed sales were off by 1 home.
The one month absorption rate for the 34994 zip code for October decreased to 6.3 months from last months 6.9 months. Basically a balanced market. A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.
The October 2012 numbers were 67 Active Listings, 33 pending sales and 9 closed sales. With a considerably lower inventory, the 34994 section of Stuart is doing better as compared to last year, significantly in the pending sales numbers.
Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:
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Stuart Florida Market Report ZIP Code 34994 Residential October 2013
Stuart Florida Market Report ZIP Code 34996 Condo October 2013
11.19.13 by
Stuart Florida Market Report ZIP Code 34996 Condo October 2013
Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for October 2013
For October 2013 in the 34996 Zip Code area of Stuart, Florida :
There are currently 171 active condo listings (Down 5 condos from last month).
32 Condo sales are pending and awaiting close or lender approval (Decreased by 3 condos from September).
22 Condos Sold in October (Up by 5 from September)
A steady real estate market for the Stuart Florida Market Report ZIP Code 34996 for Condos for October 2013. Sales were up and pending sales continue to be strong (even if off by a little this month). The inventory decreased again making fewer available condos for sale for buyers that are looking.
The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo decreased to 7.8 months from September’s 10.4. Still a buyers market for October of 2013, but very close to being balanced. A balanced market is considered to occur when the absorption rate is 6 months.
The numbers for October 2012 were: 194 active listings, 26 pending sales and 17 closed sales. We continue to outperform last years activity levels.
Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:
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Stuart Florida Market Report ZIP Code 34996 Condo October 2013
Stuart Florida Market Report ZIP Code 34996 Residential October 2013
11.18.13 by
Stuart Florida Market Report ZIP Code 34996 Residential October 2013
Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for October 2013
For October, 2013 in the Stuart Florida Market Report ZIP Code 34996 Florida :
There are currently 129 active listings (Decreased by 11 homes from September).
27 Residential sales are pending and awaiting close or lender approval (Increased by 11 homes from September). 
13 Homes Sold in October (No change from September).
After a very soft September for the 34996 zip code area of Stuart Florida real estate market, activity for October picked up quite well. Though a bit surprising as the trend for most of our areas was a little light for October. Pending sales rebounded from September, while closed sales remained steady. The inventory, which took a nice jump in September, once again decreased this October.
The one month absorption rate for the 34996 zip code area of Stuart Florida for October decreased to 9.9 months as compared to September’s 10.8 months. Still a buyer’s market for the 34996 zip code area of Stuart. A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.
The numbers for October of 2012 were: 157 active listings, 33 pending sales and 12 closed sales. Slightly improved market as compared to last year.
Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:
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Stuart Florida Market Report ZIP Code 34996 Residential October 2013
Stuart Florida Market Report ZIP Code 34997 Condo October 2013
11.14.13 by
Stuart Florida Market Report ZIP Code 34997 Condo October 2013
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2013
For October 2013 in the 34997 Zip Code area of Stuart, Florida :
There are currently 91 active condo listings (Increased by 15 condos form September).
17 Condo sales are pending and awaiting close or lender approval (Down by 9 condos from September).
19 Condos Sold in October (Increased by 12 condos from September).
The activity for the Stuart condo market for the area in ZIP code 34997 showed some very mixed results for the month of October. Pending sales were off considerably while closed sales increased significantly. Also, interestingly the inventory took a nice jump.
The one month absorption rate dropped to 4.8 months from last months 10.9. Back into a strong sellers market. A 6 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller. Though with reduced pendings numbers this may swing back to a buyers market again soon.
The October 2012 numbers were: 99 active listings, 21 pending sales and 6 closed sales. Much better closed activity this year.
Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:
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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2013
Stuart Florida Market Report ZIP Code 34997 Residential October 2013
11.13.13 by
Stuart Florida Market Report ZIP Code 34997 Residential October 2013
Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for October 2013
There are currently 381 active listings (Increased by 25 homes from September).
171 Residential sales are pending and awaiting close or lender approval (A decrease of 4 homes from September).
Stuart Florida Market Report ZIP Code 34997 Residential October 2013
62 Homes Sold in October (Down by 8 homes from September)
The Stuart Florida Market Report ZIP Code 34997 showed some moderation as we approach the slower holiday season. The inventory rose for the third month in a row, unlike many other areas of Martin County. Both sales and pending sales decreased for October.
The current one month absorption rate rose to 6.15 months making this segment of the Stuart residential market a balanced one (up from last months 5.1 month absorption rate). Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.
The 2012 numbers were: 360 active listings, 189 pending listings and 51 closed sales. Better activity as compared to last October. Interestingly with an increase in inventory.
Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:
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Stuart Florida Market Report ZIP Code 34997 Residential October 2013
Sewalls Point Residential Market Report October 2013
11.12.13 by
Sewalls Point Residential Market Report October 2013
Sewalls Point Real Estate Snapshot, Residential Sales for October 2013
There are currently 47 active listings (a decrease of 2 homes for sale from September)
7 Residential sales are pending and awaiting close or lender approval (No change from last month)
5 Homes sold in September (Up by 3 homes from September)
After a disappointing September, a little increased activity for October for the Sewalls Point residential market activity. Sales increased to 5 homes (up from only two for September). Pending sales remained unchanged, and not particularly good. Inventory decreased by two homes. The holiday season will soon be here which typically results in less foot traffic, but often some good sales numbers.
The absorption rate dropped to 9.4 months after last months atrocious 24.5 months. Still a buyer’s market. A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.
Comparing the results to October of 2012, the inventory was 47 homes on the market, 17 pending sales and there were 7 closed sales. Unfortunately, for Sewalls Point, 2013 is well under performing from last years numbers.
Please use the charts below as reference only as they rely on all residential types of property in the Sewalls Point real estate market:
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Sewalls Point Market Report – Residential, October 2013
November 2013 Market Update High Point Sewalls Point
11.09.13 by
November 2013 Market Update High Point Sewalls Point
As of November 2013, there are 5 homes available for sale on High Point and High Point Isle in Sewalls Point, FL. Listing prices range from $399,000 to $3,950,000. The average price per square foot of living area is $367.01 There are no short sales or foreclosures in the available listings.
There is one High Point home under contract and awaiting close. The list price is $1,399,000 or $336.06 per sq. ft. of living area.
In the past 12 months, 4 High Point homes have sold. Sales prices ranged from $745,000 to $1,600,000 for an average sales price of $319.06 per sq. ft. and an 87% list to sales ratio. None of these homes were distressed properties.
Located on the southern tip of Sewalls Point, High Point and High Point Isles is an oasis of beautiful homes on high elevation lots yet just minutes away from the clear blue waters of the Atlantic ocean.
High Point Isles is the eastern section of the High Point peninsula and consists of all waterfront homes in the intracoastal waterway and within sight of the Saint Lucie Inlet for access to the Atlantic. Ringing the south and west circumference of High Point are additional waterfront estates with deep water, high elevation and spectacular views of the Saint Lucie and Indian Rivers.
The first home in High Point was built in 1963 and homes continue to be built as well as extensively renovated to this day. There are both deep water estate sized lots (of over 2.5 acres) to interior lots of 1/3 of an acre.
Home sizes range from 2 bedroom, 2 bathroom cottages of 1,700 sq. ft. to estates of close to 14,000 sq. ft. of living area with 7 bedrooms and 9 bathrooms.
There are no HOA fees in High Point and High Point Isles as this community is part of the town of Sewalls Point. A wonderful community close to the beaches, waterways and many excellent amenities offered in Martin County, FL.
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November 2013 Market Update High Point Sewalls Point
Martin County Florida Condo Market Report for September 2013
11.07.13 by
Martin County Florida Condo Market Report for September 2013
Commentary:
The Martin County Florida Condo Market for September 2013 showed better numbers than in previous years on a year to year comparison. Still a bit slower than we would like. Inventory increased this month to 532 units (Inventory has been up and down the past few months with no real trend at this time). It was back in 2005 when we had steady inventory levels below 600 units. The median sales price increased in September and continues to be well above last year’s values. Much of the median price results are driven by the mix of units selling. Currently, prices on average appear to be holding steady with different communities showing some small gains (as well as some losses) depending on the individual community.
The one month absorption rate increased to 10.04 months from last months 9.46 months, while the three-month average is now at 9.45 months. We’ve slipped back into a buyers market for martin County condos. Generally an absorption rate of 6 or 7 months is considered a balanced market.
Higher interest rates remain troubling for the market in general, but is not as strong an issue for our condo market as we have a fairly high percentage of cash buyers. If the economy continues it’s improvement, I expect another good season for the condo market in Martin County for the upcoming season.
Click on the charts for a larger view:
The Definition of Absorption Rate:
Number of months it takes to sell the current inventory at the present rate of sales. Knowing your area’s Absorption Rate, helps to track trends. Understanding the market and where it is headed is part of our job as real estate professionals. Absorption rate is NOT an exact science. Figuring it is based on the premise that one will be looking for a TREND. It is advised to consistently do the numbers each month, to be able to track a trend.
Data compiled from the Realtor Association of Martin County
Martin County Florida Condo Market Report for September 2013
the Gabe Sanders real estate team
Condo Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties
For more information about Florida’s Treasure Coast Real Estate, visit us at:
Martin County Florida Residential Market Report for September 2013
11.06.13 by
Martin County Florida Residential Market Report for September 2013
Commentary:
The Martin County Florida Residential Market for September 2013 continues to produce better results as compared to recent years. For September 2013, the inventory rose for the second month in a row signifying that some pent up seller demand is now once again re-entering the market as prices have started to increase. Though for September both median and average prices slid some, but this was more an indication of lower priced homes dominating sales for the previous month.
The one month absorption rate for September 2013 increased to 5.99 months (from 5.11 months in August), and the three-month average is now 5.4 months. A 6 month absorption rate is considered to be a balanced market, so we continue to be in a sellers market in Martin County. Considering the fact that we have entered our slower season, we continue to have better activity as compared to previous years.
Our overall market remains quite healthy as compared to previous years since the ‘bubble’. The unknowns for the future remain our economy for the nation as a whole.
Please feel free to contact us if you have any difficulty interpreting these charts.
Clicking on the chart will produce a larger view.
The Definition of Absorption Rate:
Number of months it takes to sell the current inventory at the present rate of sales. Knowing your area’s Absorption Rate, helps to track trends. Understanding the market and where it is headed is part of our job as real estate professionals. Absorption rate is NOT an exact science. Figuring it is based on the premise that one will be looking for a TREND. It is advised to consistently do the numbers each month, to be able to track a trend.
Data compiled from the Realtor Association of Martin County
Martin County Florida Residential Market Report for September 2013
the Gabe Sanders real estate team
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties
For more information about Florida’s Treasure Coast Real Estate, visit us at:
Cedar Pointe Condo in Stuart FL Under Contract
11.05.13 by
Cedar Pointe Condo in Stuart FL Under Contract
2929 SE Ocean Blvd. Suite L-8 is now under contract pending inspections. This is possibly the most updated one bedroom condo in Cedar Pointe as it was completely rennovated in late 2012.
Cedar Pointe is an active adult community of 62, 2 story buildings divided into 8 villages with numerous clubhouses and pools as well as recreational areas. One of the prime locations in the city of Stuart only minutes away from the pristine beaches of the Atlantic Ocean and close to shopping, restaurants and medical facilities.
It is currently a very attractive time to consider buying a Cedar Pointe Condo as prices have returned to pre 2003 levels and with low-interest rates, these Sunshine State condos are ready for those wishing to move here full-time or looking for an affordable winter home.
A totally updated and renovated 2nd floor Cedar Pointe 1 BR, 1 BA condo. Tastefully re-done in 2012 with the highest quality workmanship and materials. A sample of the major updates include a new kitchen with new appliances and cabinets, new spacious bathroom, walnut hardwood floors in living areas and new tile in kitchen and bathroom, plantation shutters over the new hurricane impact glass windows, faucets, shelving, ceilings and more. All of this in an excellent location that’s just steps from shopping, restaurants and medical facilities. Just a few minutes ride from the pristine beaches of Stuart or the quaint downtown area. Cedar Pointe is a 55+ community with numerous clubhouses and pools. This unit allows one indoor cat with director approval.
View additional pictures of this Affordable Stuart Condo in Cedar Pointe.
More pictures and information about this affordable Stuart Condo in Cedar Pointe
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Cedar Pointe Condo in Stuart FL Under Contract
September 2013 Monthly Market Detail St Lucie County Townhouses and Condos
11.05.13 by
September 2013 Monthly Market Detail St Lucie County Townhouses and Condos
The September 2013 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors showed an unexpected drop from last years numbers. Year to year closed sales were down by 28.6% (was down by4% in August) while new sales under contract (new pending sales) decreased by 18% (was up by 4.9% in August
Prices continued to rise however, year to year, with the median sales price up by 12.6% (up 69.4% in August) and the average sales price rose by 14.6% (was up by 38.2% in August).
The inventory of available townhouses and condos decreased from last month to 785 units which is a decrease of 18.1% from last September. Current supply of inventory is now 7.9 months (a 22.9% decrease from last year). This is the only segment of the Treasure Coast real estate market to show a decrease of closed sales (year to year). The townhouse and condo markets are much more seasonally affected as more buyers in this segment tend to be ‘snowbirds’ and we may continue with weak results for the next few months.
Please see the entire Saint Lucie County townhouse and condo market detail by clicking the links below:
Click here to view or download the full report:
September 2013 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.
September 2013 Monthly Market Detail St Lucie County Townhouses and Condos
November 2013 Market Update Circle Bay Waterfront Condos Stuart FL
11.04.13 by
November 2013 Market Update Circle Bay Waterfront Condos Stuart FL
As of November 2013, there are 22 condos on the market in the Circle Bay Yacht Club of Stuart FL. Listing prices range from $96,900 to $259,000. The average price per square foot of living area is $164.98 There are no short sales or foreclosures in the available listings.
There is one Circle bay condo under contract and awaiting close. The list price is $159,000 or $158.84 per sq. ft. of living area.
In the past 12 months, 15 Circle Bay Waterfront Condos have sold. Sales prices ranged from $77,500 to $155,000 for an average sales price of $112.17 per sq. ft. and a 90% list to sales ratio. There was 1 bank owned foreclosure included in these sales and no short sales.
Waterfront 55+ condo community with docks (for boats up to 36′) that have easy wide river and ocean access. Docks are not deeded, rather rented at reasonable monthly rates. Heated pools, clubhouse, grills, etc. are some of the numerous amenities available for residents of the Circle Bay Yacht Club. Rentals are permitted with restrictions. Sorry, no pets. Circle Bay has both elevator and non-elevator buildings. Covered car ports.
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Circle Bay Waterfront Condos Homes for Sale in Palm City Florida
November 2013 Market Update Circle Bay Waterfront Condos Stuart FL