Stuart Florida Market Report ZIP Code 34997 Condo July 2013

Stuart Florida Market Report ZIP Code 34997 Condo July 2013

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2013

 

For July 2013 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 80 active condo listings (An increase of 3 condos form June).

Active Listings - Stuart Florida Market Report ZIP Code 34997 Condo July 2013

 

31 Condo sales are pending and awaiting close or lender approval (Down 1 condo from June).

Pending Listings - Stuart Florida Market Report ZIP Code 34997 Condo July 2013

 

12 Condos Sold in July (An increase of 4 condos from June).

Sold Listings - Stuart Florida Market Report ZIP Code 34997 Condo July 2013

 

A second slower month of activity for the Stuart condo market for the area in ZIP code 34997.  Still, activity remains strong for the ‘off’ season for Florida.  We need increased inventory for this market to get back to the fast pace we saw this spring.

The one month absorption rate dropped to 6.7 months.  Very close to a balanced market.   A 6 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller. 

The July 2012 numbers were: 100 active listings, 28 pending sales and 13 closed sales.  Similar activity as compared to last year.  With a 20% lower inventory, these are good results. 

 

Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:
Market Summary - Stuart Florida Market Report ZIP Code 34997 Condo July 2013
 

 

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2013

 

 

Stuart Florida Market Report ZIP Code 34997 Residential July 2013

Stuart Florida Market Report ZIP Code 34997 Residential July 2013

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for July 2013

 

There are currently 331 active listings (A decrease of 1 home from June).

Active Listings - Stuart Florida Market Report ZIP Code 34997 Residential July 2013

166 Residential sales are pending and awaiting close or lender approval (A decrease of 6 home from June).

Pending Listings - Stuart Florida Market Report ZIP Code 34997 Residential July 2013

 

62 Homes Sold in July (Down 6 homes from June)

Sold Listings - Stuart Florida Market Report ZIP Code 34997 Residential July 2013

 

Activity eased for the second month in a row for the Stuart Florida Market Report ZIP Code 34997.  Inventory remained basically unchanged while both pending and closed sales saw decreases.  This is still a sellers market for now, but if this trend continues we will probably see a more balanced market in the next few months.
 
The current one month absorption rate rose to 5.3 months which still indicates a sellers market ( though it’s up from last months 4.9 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: 330 active listings, 222 pending listings and 50 closed sales.  Better closed activity this year, while pending sales are significantly lower.  Unusually for this segment of the Stuart residential market, the inventory is similar to last year.  (Most of our areas have reduced inventory this year as compared to last)
 
 
 
Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:
 
Market Summary - Stuart Florida Market Report ZIP Code 34997 Residential July 2013

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Stuart Florida Market Report ZIP Code 34997 Residential July 2013

Stuart Florida Market Report ZIP Code 34996 Condo July 2013

Stuart Florida Market Report ZIP Code 34996 Condo July 2013

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for July 2013

For July 2013 in the 34996 Zip Code area of Stuart, Florida :

There are currently 176 active condo listings (Down 8 from last month).

Active Listings - Stuart Florida Market Report ZIP Code 34996 Condo July 2013

 

32 Condo sales are pending and awaiting close or lender approval (An increase of 1 condo from June).
Pending Listings - Stuart Florida Market Report ZIP Code 34996 Condo July 2013

 

 

16 Condos Sold in July (Down by 1 from June)

Sold Listings - Stuart Florida Market Report ZIP Code 34996 Condo July 2013

 

Fairly consistent activity for the Stuart Florida Market Report ZIP Code 34996 for Condos for July 2013.   Both pending and closed sales remained steady with only a 1 unit increase and decrease respectively.  Another decrease in inventory, which is pretty normal as many condo owners feel that the summer market is not the prime time to sell condos.  Though, history has proven this to be quite wrong, as the decreased competition normally results in much greater showing activity and a better chance of a sale.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo rose slightly to 11 months. Still  a fairly significant buyers market for July of 2013.  A balanced market is considered to occur when the absorption rate is 6 months.

The numbers for July 2012 were: 190 active listings, 17 pending sales and 12 closed sales.   Still doing considerably better this year as compared to last.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:

Market Summary - Stuart Florida Market Report ZIP Code 34996 Condo July 2013

Search here for Stuart Florida Real Estate for Sale ( Condos)

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Stuart Florida Market Report ZIP Code 34996 Condo July 2013

Stuart Florida Market Report ZIP Code 34996 Residential July 2013

Stuart Florida Market Report ZIP Code 34996 Residential July 2013

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for July 2013

 

For July, 2013 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 126 active listings (Decreased by 27 homes from June).

Active Listings - Stuart Florida Market Report ZIP Code 34996 Residential July 2013

 

44 Residential sales are pending and awaiting close or lender approval (Increased by 2 homes from June).

Pending Listings - Stuart Florida Market Report ZIP Code 34996 Residential July 2013

 

15 Homes Sold in July (Decreased by 6 homes from June).

Sold Listings - Stuart Florida Market Report ZIP Code 34996 Residential July 2013

 

In the 34996 zip code area of Stuart Florida real estate market activity for July 2013 there was a large drop in inventory for July.  Whether sellers are taking a break for the summer or waiting for prices to increase, only time will tell.  Closed sales were off slightly in July while we did have a small rise in pending sales.

The one month absorption rate for the 34996 zip code area of Stuart Florida for July rose to 8.4 months, remaining a buyer’s market.  This figure should be dropping as the pending sales close in the coming months. A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for July of 2012 were: 166 active listings, 28 pending sales and 11 closed sales.  Considerably better activity this year as compared to last, especially when considering the lower number of available homes for sale.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:

Market Summary - Stuart Florida Market Report ZIP Code 34996 Residential July 2013

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Stuart Florida Market Report ZIP Code 34996 Residential July 2013

Plantation at Sewalls Point August 2013 Market Update

Plantation at Sewalls Point August 2013 Market Update

As of August 13, 2013 there is one spacious waterfront home listed in the Plantation at Sewalls Point.  The list price is $5,850,000 which equals $1,132.62 per square foot of living area.

One home is currently under contract.  It was listed for $979,000 (non-waterfront home) for a price per square foot of living area of $195.14.

In the past 12 months, 1 home has sold in the Plantation.  It was listed at $950,000 and closed for $890,000 at $199.37 per square foot of living area.  This was also a non-waterfront home.  None of the listings in the Plantation were distressed sales.

Aerial of the Plantation at Sewalls Point

 

The Plantation at Sewalls Point is an exclusive private community of only 21 home sites.  There are 10 large estate sized waterfront lots with deep water docks and views of the Saint Lucie River some with magnificent waterfront views of the Saint Lucie River.  11 smaller non-waterfront home-sites on 1/2 to 1 acre sites.  All homes were custom built by individual contractors/builders from 1994 to the early 2000’s.  Plantation Home 4

Some of Martin County’s most elegant homes can be found in the Plantation at Sewalls Point. Conveniently located close to Indian Riverside Park, the United States Olympic Sailing Center, Deep Water marinas, restaurants, shopping and all of this within an ‘A’ rated school system.Plantation Home 2

The HOA fees depend on the size of the property and range from around $900 a quarter to $1,400.  The Plantation at Sewalls Point is one of the most prestigious communities in Martin County and the Treasure Coast of FL.

Plantation Home 1

Entrance

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Plantation at Sewalls Point August 2013 Market Update

 

Stuart Florida Market Report ZIP Code 34994 Condo, July 2013

Stuart Florida Market Report ZIP Code 34994 Condo, July 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for July 2013

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

 

There are currently 109 active condo listings (Decreased by 3 condo from June).

Active Listings - Stuart Florida Market Report ZIP Code 34994 Condo, July 2013


 

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

Pending Listings - Stuart Florida Market Report ZIP Code 34994 Condo, July 2013

 

11 Condos Sold in July (Decreased by 6 condos from June).

Sales - Stuart Florida Market Report ZIP Code 34994 Condo, July 2013

 

 

We’re in the off season for the Stuart Condo market for zip code 34994.   Surprisingly pending sales increased  by 1 condo while closed sales decreased by 6 units.   The inventory decline continues, by three condos this month.  It is a fairly seasonal condo market and we often see inventory declines in the summer months with an expected increase in late fall as the snowbird season begins.

The one month absorption rate rose to to 9.6 months, once again a buyers 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 July the numbers were 153 active listings, 30 pending sales, and 17 closed sales.  Closed sales were off a little as compared to last year, but inventory is off by more than 30%, yet the pending numbers are considerably better.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

Market Summary - Stuart Florida Market Report ZIP Code 34994 Condo, July 2013

Search here for Stuart Florida Real Estate for Sale ( Condos)

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Stuart Florida Market Report ZIP Code 34994 – Condo, July 2013

Stuart Florida Market Report ZIP Code 34994 Residential July 2013

Stuart Florida Market Report ZIP Code 34994 Residential July 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for July 2013

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

 

There are currently 55 active listings (Up 1 from June).

Active Listings

29 Residential sales are pending and awaiting close or lender approval (Down 7 homes from June).

Pending Listings

 

15 Homes Sold in June (Increased by 4 homes from June)

Sold Listings 

Closed sales were up by 4 homes in the 34994 ZIP code area of the Stuart, Florida.   Available homes for sale (Inventory) rose by 1 unit.   Pending sales dropped (second month in a row).   With such a low inventory of available homes plus the off season, we can expect a little slower activity in this market.  If the overall economy continues to improve and prices continue to rise, I will be expecting rising inventories as well for the coming season.

The one month absorption rate for the 34994 zip code for July dropped further to 3.7 months. signifying a strong sellers market.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.  If you are contemplating placing your home up for sale in the 34994 zip code area of Stuart, FL, now is a good time.  Please call me for details of why this is so.

The July 2012 numbers were 62 Active Listings, 53 pending sales and 16 closed sales.  We’re doing well as compared to last year.  The largest drop this year is in pending sales as the number of short sales are slowly being closed and taken off the market.  These short sales have been inflating the pending numbers for the past couple of years.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

Market Update

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Stuart Florida Market Report ZIP Code 34994 Residential July 2013

Sewalls Point Residential Market Report July 2013

Sewalls Point Residential Market Report July 2013

Sewalls Point Real Estate Snapshot, Residential Sales for July 2013

 

There are currently 47 active listings (a decrease of 5 homes for sale from June)

Sewalls Point Residential Market Snapshot for July 2013 Active Listings

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

Sewalls Point Residential Market Snapshot for July 2013 Pending Listings

3 Homes sold in June (A decrease of 5 homes from June)

Sewalls Point Residential Market Snapshot for July 2013 sold listings

 

The Sewalls Point residential real estate market for July 2013 eased off from the strong gains made in the first half of 2013.    The inventory is down again to only 47 homes available for sale and both future (pending) sales as well as closed sales showed decreases from last month.  Slower activity during the summer months is not an unexpected event, as we need to look at the trends for the entire year to get a true picture of the local real estate market.

The absorption rate jumped to 15.7 months.  A strong buyers market.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to July of 2012, the inventory was 56 homes on the market, 14 pending sales and there were 5 closed sales.  Unfortunately, this year’s numbers are weaker than July 2012 results.

Please use the charts below as reference only as they rely on all residential types of property in the Sewalls Point real estate market:

Market Summary

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Sewalls Point Market Report – Residential, July 2013

Islesworth in Palm City FL

Islesworth in Palm City FL

Islesworth Entrance

The Islesworth subdivision in Palm City is a very attractive neighborhood located in the heart of Palm City, FL in a non-gated community off of Route 714 (Martin Highway).  This was a Pulte community with 113 homes being built from 1996 through 1998.  Most homes are on spacious lots from just under to over ¼ acre sites. 

Islesworth Lake 1Many homes enjoy serene water views as there are two smaller lakes in this community.  Both single and two story homes with the vast majority being 4 bedroom homes though there are a number of 5 bedroom homes as well as a few 3 bedroom homes.  The current HOA fees are a very reasonable $463.00 per quarter.  The fees include maintenance and insurance of the common areas, roads, reserve funds and basic cable TV.

Homes in Islesworth 3Islesworth is right next door to Hidden Oaks Middle School and only a short bike ride to Palm City Elementary School.  Children in Islesworth go to Martin County High School which is approximately 5 miles away. 

Homes in Islesworth 6Close to grocery and other shopping as well as medical facilities and places of worship, Islesworth offers very easy access to most resident’s needs.  For those needing to commute, both Florida’s Turnpike and I-95 are both only a short distance away.


Islesworth Lake 3

Islesworth Playground 

Here are the currently available homes in Islesworth in Palm City FL

 

For any questions you may have about Islesworth in Palm City FL, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Islesworth in Palm City FL

Hammock Creek August 2013 Market Update

Hammock Creek August 2013 Market Update

There are currently 10 homes actively listed in Hammock Creek in Palm City, Florida.  Prices range from $639,900 to $385,000.  The average list price is $529,020 at $147.77 per square foot of living area.  There are no short sales or foreclosures in these listings.

There are 7 homes currently under contract awaiting closing.  Of these pending homes, there is one short sale and no bank owned foreclosures.  The list prices range from $575,000 to $319,900 at an average list price is $475,000 at $114.24 per square foot of living area.

In the past 12 months, 35 homes have sold in Hammock Creek.  Sales prices ranged from $570,000 to $265,000 to  with an average sales price of $363,368 at $130.05 per square foot of living area.  There were three short sales and one bank owned foreclosure included in these sales

Hammock Creek is a lovely gated upscale neighborhood consisting of three separate sections, The Sanctuary, The Preserve, and The Estates. The community is centered around the Hammock Creek Golf Course, a Jack Nicklaus designed course. Homes in Hammock Creek consist of one and two stories with square footage ranging from 2000 to over 5000 square feet and prices starting in the low 300’s.Most of the homes sit on generous lots with a view of either the lake, preserve, or golf course.

There are wide paver sidewalks ideal for families who enjoy biking, walking, and jogging. Close to fine shopping, nice restaurants, immediate access to I-95 and the turnpike, and A Rated Palm City schools makes Hammock Creek one of Martin County’s premier neighborhoods.

Low HOA fees ranging from approximately $260 to $390 per month depending on which section one resides .

Here are the currently available homes in Hammock Creek August 2013 Market Update

For any questions you may have about Hammock Creek August 2013 Market Update, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Hammock Creek August 2013 Market Update

August 2013 Market Update for The Pines and Windemere in Jensen Beach

August 2013 Market Update for The Pines and Windemere in Jensen Beach

There are currently 15 homes for sale in the Pines and Windemere in Jensen Beach, FL ranging in price from $200,000 to $649,000 (Average asking price of $145.57 per square foot of living area)  One bank owned foreclosure and a number of new construction homes from D. R. Horton.

13 homes are currently under contract with listing prices ranging from $170,000 to $389,900 at an average of $133.14 per square foot of living area.   5 of these pending sales are short sales. 

29 homes have sold in the past 12 months in the Pines and Windemere with the sales prices ranging from $165,000 and $408,001 (The average sales price was $277,839 at $122.98 per square foot)  There were no bank owned foreclosures and 5 short sales in these closed sales.

the Pines and Windemere

Located adjacent to the new Jensen Beach High School, and Felix A. Williams elementary school, among Martin County’s best schools, is only one reason why August 2013 Market Update for The Pines and Windemere in Jensen Beach is so desirable.

Jensen Beach High School

Some residents have stated “sending our children to Felix A. Williams is like having a private school in our own back yard.”  “Our Kids can walk to the new High School”

In addition to the best schools, The Pines is located just 1.5 miles from the beautiful unspoiled beaches of Hutchinson Island, a fantastic public golf course is right next door, a regional park that offers little league and soccer and many family attractions.  “we can play golf without the high cost just next door.”

the Pines and Windemere

For others, the best shops of the Treasure Coast Mall with a new 13-plex theater are walking distance and grocery stores are located nearby.

World famous fishing is just a ride away. Stuart is known as the “Sailfish capital of the world.”

the Pines and Windemere

Adjacent to the Pines, is the smaller community of Windemere and the Preserves.  Currently, D.R. Horton is in the process of building brand new affordable homes in both the Pines and Windemere subdivisions at some very affordable prices. 

 the Pines and Windemere

For any questions you may have about August 2013 Market Update for The Pines and Windemere in Jensen Beach, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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August 2013 Market Update for The Pines and Windemere in Jensen Beach

Martin County Florida Condo Market Report for June 2013

Martin County Florida Condo Market Report for June 2013

 

Commentary:

The Martin County Florida Condo Market for June 2013 was strong, though it retreated considerably from the excellent April numbers.   85 condos sold in June (compared to 128 in April).   Better numbers, year to year, but not excellent.  The inventory of available condos dropped again (fifth month in a row) to only 544 condos.  This low number is beginning to effect prices and at long last it appears that condo prices are starting to rise.   The median sales price was down compared to April, but this is a reflection of the larger number of lower priced condos that sold this month, rather than decreasing value.  Summer is upon us and typically the condo market slows down during the summer months.

The one month absorption rate increased to 6.4 months from last months 4.46 months, while the three-month average is now at 5.71 months.  Basically a balanced market for the time being.  Generally an absorption rate of 6 or 7 months is considered a balanced market.

The low inventory rates and rising interest rates are troubling and could possibly have a negative effect on the condo market recovery.

condo absorp
  

 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.

condo numb

condo price

condo trend

 

Data compiled from the Realtor Association of Martin County

See the full set of charts at Treasure Coast FL Homes

Martin County Florida Condo Market Report for June 2013

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Martin County Florida Residential Market Report for June 2013

Martin County Florida Residential Market Report for June 2013

 

Commentary:

The Martin County Florida Residential Market for June 2013 continues to outpace recent years with continued strong sales activity.   For June, we had a slight rise in inventory (to 1,015 units) which is a positive sign as we need inventory for this market to continue to improve.  Closed sales increased from May and were also considerably better than last June’s numbers.  All signs of a good healthy recovery.

Both median and average sales prices rose in June and are much improved over last year’s prices as indicated in the graphs below.  The one month absorption rate for June 2013 decreased slightly to 4.72 months (from 4.74 months in May), and the three-month average stands at 4.66 months.  A 6 month absorption rate is considered to be a balanced market, so we are officially in a a sellers market in Martin County.  As late summer and fall approaches, we typically can expect a small decline in activity.

It appears that there is some improvement in the economy that is leading to a more positive outlook in consumer confidence.  While there is still much room for improvement, we are currently trending in the right direction.

Please feel free to contact us if you have any difficulty interpreting these charts.

res absorp

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.

res numb

res price

res trend

 

Data compiled from the Realtor Association of Martin County

See the full set of charts at Treasure Coast FL Homes

Martin County Florida Residential Market Report for June 2013

the Gabe Sanders real estate team

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Lighthouse Point and Seagate Harbor 2013 Market Update

Lighthouse Point and Seagate Harbor August 2013 Market Update

 

There are currently 15 homes on the market in Lighthouse Point and Seagate Harbor in Palm City, FL.  From a low price of $379,900 to a high of $1,125,000 with an average asking price of $565.160 at $256.72 per square foot of living area. There is one bank owned foreclosure and no short sales in the active listings.

There are 5 homes under contract.   The listing prices on these pending homes range from a low of $250,000 to a high of $626,000, for an average list price of $347,200 at $199.55 per square foot of living area. 3 of these 5 pending sales are short sales.  No foreclosures.

17 homes have sold in Lighthouse Point and Seagate Harbor in the past 12 months.  Sale prices were from $219,900 to $1,250,000 with an average sales price of $383,652 or $194.82 per square foot of living area.   2 of these sales were bank owned foreclosures and 2 were short sales.

Lighthouse Point Waterfront Homes for Sale

A boater’s and sailor’s Delight in an affordable waterfront niche community with deep water dockage! Nature and families are the focus in this desirable community characterized by beautiful homes, parks, nearby golf, restaurants, shopping, and A Rated schools!

Almost every home has waterfront dockage available in an intricate network of deep water canals. Some select homes with wide views of the Saint Lucie River.  A community boat ramp is also available.  Everything a boater would want!

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Lighthouse Point and Seagate Harbor August 2013 Market Update

Four Rivers August 2013 Market Update

Four Rivers August 2013 Market Update

There are currently 6 homes for sale in Four Rivers in Palm City FL ranging in price from $697,300 to $1,325,000 (Average asking price of $254.22 per square foot of living area) None of these listings are short sales or foreclosures.

One home is currently pending (under Contract) at a listing price of $620,000 ($253.68 per square foot)

6 homes have sold in the past 12 months in Four Rivers, with the sales prices ranging from $650,000 and $810,000 (The average sales price was $730,166 at $194.71 per square foot) None of these sales were short sales or foreclosures.

Four Rivers in Palm City, FloridaFour Rivers August 2013 Market Update is a unique enclave of spacious homes on the banks of the South Fork of the Saint Lucie River.  Ideal for the serious boaters, all of Four Rivers’ home sites are on deep water canals suitable for larger vessels and with no fixed bridges (under 60’) to the Saint Lucie inlet to gain access to the crystal clear waters of the Atlantic Ocean.

Four Rivers in Palm City, Florida

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

Four Rivers in Palm City, Florida

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

Four Rivers in Palm City, Florida

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Four Rivers August 2013 Market Update

 

Holly Creek August 2013 Market Update

Holly Creek August 2013 Market Update

There are no active listings in Holly Creek as of August 1, 2013.
 
There is 1, 2 Bedroom 2 and 1/2 Bath town home under contract that was listed for $129,900 (or $100.31 per sq. ft. of living area).
 
In the past 12 months, 13 homes and townhomes have sold in Holly Creek.  Sales prices ranged from $72,500 to $190,000 for an average sale price of $119,269 or $83.02 per sq. ft. of living area.  There were no foreclosures and only one sale was a short sale.
 
 

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

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

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

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

 

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Holly Creek August 2013 Market Update

 

The Yacht and Country Club of Stuart August 2013 Market Report

The Yacht and Country Club of Stuart August 2013 Market Report

August 2013 Market Update:

There are 14 homes currently for sale in the Yacht and Country Club of Stuart.  Listing prices are from $295,000 to $1,200,000. Of these homes, two are short sales.  (Average of $181.18 per square foot of living area)

There are currently 8 homes under contract ranging in listing price from $127,000 to $432,600.  Three of these homes are short sales and one is a bank owned foreclosure.  (Average of $106.84 per square foot of living area)

38 homes have sold in the past 12 months.  Ranging in sales price from $109,900 to $739,900. 3 of these homes were short sales and 4 were bank owned foreclosures.  (the average sales price was $275,233 or $110.84 per sq. ft. of living area).


The Yacht and Country Club of Stuart, Florida Golf Course

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

The Yacht and Country Club of Stuart, Florida Clubhouse

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

The Yacht and Country Club of Stuart, Florida Canal

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

The Yacht and Country Club of Stuart, Florida Homes

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

The Yacht and Country Club of Stuart, Florida Homes

Truly a wonderful place to call home.

 

Search here for available homes in the Yacht and Country Club of Stuart, Florida
Yacht and Country Club of Stuart, Florida - Homes for Sale

The Yacht and Country Club of Stuart August 2013 Market Report

June 2013 Monthly Market Detail St Lucie County Townhouses and Condos

June 2013 Monthly Market Detail St Lucie County Townhouses and Condos

The June 2013 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors showed a little weakness.   Year to year closed sales were off by17% after last months rise of 12.5% while new sales under contract (new pending sales) increased by 9.4% (was 43.4% in May

Prices, however, rose year to year  with the median sales price up by 11.8% and the average sales price up by 4.6%.

The inventory of available townhouses and condos have decreased to 775 units which is a decrease of 30.8% from last June.  Current supply of inventory is now 7.6 months (a 41.8% decrease from last year).   While these results are not quite as strong as in the single family market, they still show strong gains from previous years.  It is just a matter of time before prices start rising a bit more dramatically.  This current environment is an excellent opportunity for buyers looking into the Saint Lucie County real estate market for townhouses and condos.

Please see the entire Saint Lucie County townhome and condo market detail by clicking the links below:

 

June 2013 Market Detail for Saint Lucie County Townhouses and Condos

 

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

June 2013 Monthly Market Detail St Lucie County Townhouses and Condos

June 2013 Monthly Market Detail St Lucie County Single Family Homes

June 2013 Monthly Market Detail St Lucie County Single Family Homes

Continuing a mostly positive trend for the June 2013 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors.   The only negative detail was the year to year closed sales, which were down by 0.4% and while new sales under contract (new pending sales) increased by 42.6%!!

Both median and average sales prices were up (June 2012 to June 2013) by 23.3% and 16.6% respectively. 

One item of concern is the active inventory which continues to decrease significantly, presently only 1,664 homes, a decrease of 43.8% from last year.  Current supply of inventory is only 3.9 months (a 52.7% decrease from last year).  For June 2013 it was a strong sellers market in the St Lucie County area.  The reduced inventory will eventually result in lower sales volume as there just isn’t enough homes available for sale.  This will also result in strong upward pressure on prices and at some point renewed activity in new construction.  If prices rise to a level where currently underwater home owners can see a profit or even a break even price, I  expect to see a gradual increase in inventory.

Please click on the links below to read the full Saint Lucie County single family market detail:

June 2013 Market Detail for  Saint Lucie County Single Family

 

Click here to view or download the full report:
June 2013 Monthly Market Detail St Lucie County Single Family Homes

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

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

June 2013 Monthly Market Detail St Lucie County Single Family Homes

June 2013 Monthly Market Detail Martin County Townhouses and Condos

June 2013 Monthly Market Detail Martin County Townhouses and Condos

While there were positive results in pricing year to year for the June 2013 Monthly Market Detail Martin County Townhouses and Condos, sales numbers were off for the month.   Year to year closed sales were down by 12.8% ( up by 28% in May) while new sales under contract (new pending sales) increased by 38.3% (was 56.6% in May).

The median sales price increased by 14.6% (was off 5.5% in May) while the average sales price rose by 25.3% (was up 9.74% in May) as compared to June of 2012.

The inventory of available townhouses and condos have decreased to 547 units which is a decrease of 33.5% from last June.  Current supply of inventory is only 5.6 months (a 33.5% decrease from last year).  For the Martin County townhouse and condo market we are now in a slight seller’s market.  This will put significant pressure into possible rising values as long as a seller’s market persists.

June 2013 Market Detail for  Martin County Townhouses and Condos

Click here to view or download the full report:
June 2013 Monthly Market Detail Martin County Townhouses and Condos

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

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

June 2013 Monthly Market Detail Martin County Townhouses and Condos