Hammock Creek in Palm City Florida

08.04.12 by

Hammock Creek in Palm City Florida

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

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

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

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

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

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Hammock Creek in Palm City Florida

Westwood Country Estates in Palm City Florida

08.03.12 by

Westwood Country Estates in Palm City Florida

Westwood Country Estates is a wide open, gorgeous community that features statuesque homes that are beautifully placed on over sized lots of 1/2 acre or more, that will give you and your family plenty of room to grow!  Wonderfully landscaped throughout, Westwood Country Estates will make you feel proud to come home to.  Every home is unique and there is sure to be one you will fall in love with!

There are only 77 homes in Westwood Country Estates in Palm City Florida.  Home owner association fees are a very reasonable $250 per year.  As of August 3, 2012, only one home is available for sale in Westwood Country Estates.  In the past year, two homes have sold for an average price of  $297,500 at $117 per square foot.

Palm City is a great place to raise a family with its “A” rated schools and proximity to I-95 and Florida’s Turnpike which opens you to all the opportunities of both Martin County and it’s neighbors, just a short drive North or South!  Martin County has lots of recreational areas and opportunities to enjoy many opportunities outdoors with your family!

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Westwood Country Estates in Palm City Florida

Sugarhill in Jensen Beach Florida

08.01.12 by

Sugarhill in Jensen Beach Florida

Sugarhill in Jensen Beach Florida is an eye pleasing high elevation neighborhood filled with upscale homes in Jensen Beach. All homes have very spacious yards that are surrounded with gorgeous Florida foliage. Most homes are timeless architectural works of beauty! Houses range from 2 to 5 bedrooms and 2 to 5 bathrooms, so whatever size you are looking for, Sugarhill is sure to have it. The neighborhood is located just minutes from all that Jensen Beach has to offer, like the beautiful stretches of beach on Hutchinson Island, the fantastic shopping at the Treasure Coast Square Mall, many restaurants you are sure to love, and our ‘A’ rated schools for all grade levels!

Sugarhill has very reasonable HOA fees of only $500.00 per year.

The current Martin County Schools for Sugar Hill are Jensen Beach Elementary School, Stuart Middle School and Jensen Beach High School

 

Here are the currently available homes in Sugarhill in Jensen Beach Florida

For any questions you may have about Sugarhill in Jensen Beach Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Sugarhill in Jensen Beach Florida

Martin County Florida Condo Market Report for June 2012

07.31.12 by

Martin County Florida Condo Market Report for June 2012

Commentary:

The Martin County Florida Condo Market for June 2012 continues on a positive trend. Sales for June were a strong 62 units, which is the highest number of condo sales for a June in the past few years. Ant this with an inventory of available condos now the lowest since October of 205.  On another positive note, the median sales price rose to $141,250 reflecting some higher to moderate priced condos having sold.  This is the fourth month in a row we’ve had an increase in median prices.

The inventory is now down to 572 condos, down from the 668 condos that were on the market in June of 2011. The one month absorption rate is now at 9.23 months, while the three-month average is down to 8.40 months.  While it remains a somewhat challenging market for condos in Martin County, there are some signs of life as prices across the board have declined significantly. We need to see a sustained absorption rate below 9 months for a healthy market and down to 6 or 7 months to be considered a balanced one.  The June numbers are showing that the condo market is coming back to life and desirable units are in fact selling.

Our outlook for the Martin County condo market is fairly positive.  Buyers can get units at attractive prices and sellers have the ability to sell their units for today’s market value.

Martin County Florida Condo Market Report for June 2012

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Martin County Florida Residential Market Report for June 2012

07.30.12 by

Martin County Florida Residential Market Report for June 2012

Commentary:

The Martin County Florida residential market report for June 2012 showed excellent results. The sales volume of 189 homes continues to surpass recent years.  Along with strong numbers this spring, it certainly indicates that the market is turning for the better.  If this rate of activity continues, I expect to see a strong sellers market developing.

Both average and median sales prices were down slightly from the excellent May results.  This is an indication of the mix of homes sold, rather than either a decrease or increase in home values overall.  We are seeing some segments of our market with slowly rising prices.  More specifically some of the newer homes in developments that were hardest hit in the market over the past few years.

The inventory is now down to 1154 homes, down from the 1391 homes that were on the market in June of 2011. The one month absorption rate is now at 6.11 months, while the three-month average is down to 6.36 months.  This indicates a balanced market, favoring neither seller or buyer.

One issue coming up recently is the shortage of quality inventory.  Many buyers are just not finding the homes they desire as our inventory has decreased to such low levels.  Those that need to buy will settle for something that they can make work.  For the more discretionary buyer, they continue to wait for that ‘right’ home to come on the market.

Martin County Florida Residential Market Report for June 2012

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Jensen Beach Florida Market Report ZIP Code 34957 – Condo, June 2012

07.29.12 by

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, June 2012

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for June 2012

For June 2012 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
(Due to technical difficulties the May Market Snapshot data was unavailable)

There are currently 58 active listings. ( Unchanged from May)

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

6 Condo Sold (Down 2 from May)


The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market. The current inventory remains low and was unchanged from May. Pending and closed sales fell for June, possibly an indication of the slower summer season for condo sales.

Last June there were 61 active listings, 17 pending sales and 5 closed sales.  Fairly similar results last year.  We now have a lower inventory and more pending sales though.

 

Search here for Jensen Beach Real Estate for Sale

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Jensen Beach Florida Market Report ZIP Code 34957 – Condo, June 2012

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, June 2012

07.28.12 by

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, June 2012

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for June 2012

For June 2012 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 30 active condo listings. (Down 3 from May)

8 Condo sales are pending and awaiting close or lender approval. Unchanged from May)

  6 Condos sold in June (A decrease of 4 condos from May)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. June showed excellent activity with 6 closed sales and a further decrease in inventory to only 30 available units. pending sales were down slightly.  I don’t expect to see any great movement in this segment of the Treasure Coast Florida condo market with such a small inventory.

Last June’s numbers were 41 active listings, 10 pending sales and 1 closed sales. With the exception of pending sales, much better numbers this year as compared to last.

 

 

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Hobe Sound Florida Market Report ZIP Code 33455 – Condo, June 2012

Palm City Florida Market Report ZIP Code 34990 – Condo, June 2012

07.27.12 by

Palm City Florida Market Report ZIP Code 34990 – Condo, June 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for June 2012

For June 2012 in the 34990 Zip Code area of Palm City, Florida :

There are currently 66 active condo listings. (Unchanged from May)

5 Condo sales are pending and awaiting close or lender approval. (Down 3 from last month)

3 Condos Sold in June. (Up 1 from May)

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.  For June, there was fair activity for this market.  The inventory declined.  Pending sales were down from May, and there was a small increase in sales  But, with the fairly small market base, we don’t expect to see any major shifts in the market.
Last years numbers for the Palm City (34990 zip code area) Condo market were 56 active listings, 7 pending sales and 3 closed sales.  As opposed to all of our Martin County markets, inventory is higher from last year.  Sales and pending activity remains virtually unchanged.

Search here for Palm City Florida Real Estate for Sale ( Condos)

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Palm City Florida Market Report ZIP Code 34990 – Condo, June 2012

Stuart Florida Market Report ZIP Code 34997 – Condo, June 2012

07.26.12 by

Stuart Florida Market Report ZIP Code 34997 – Condo, June 2012

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for June 2012

For June 2012 in the 34997 Zip Code area of Stuart, Florida :

There are currently 109 active condo listings (A decrease of 1 condo form May).

26 Condo sales are pending and awaiting close or lender approval (Down 3 condos from May).

10 Condos Sold in June (A decrease of 4 condos from May).

A slowdown of market activity from last month in the Stuart condo market for the area in ZIP code 34997.  All measured activity was slightly lower from May.  The 34997 zip code area of Stuart still has a troubling number of short sales and foreclosures coming on the market at a slower but steady rate.  This is keeping prices from rising.
Last years numbers were 103 active listings, 27 pending sales and 8 closed sales.  Very little change from last year.  The 34997 area of Stuart condo market seems to be treading water with a roughly 10 month absorption rate for June of 2012.

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for June 2012

Stuart Florida Market Report ZIP Code 34996 – Condo, June 2012

07.25.12 by

Stuart Florida Market Report ZIP Code 34996 – Condo, June 2012

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for June 2012

For June 2012 in the 34996 Zip Code area of Stuart, Florida :

There are currently 185 active condo listings (Down 3 from last month).

27 Condo sales are pending and awaiting close or lender approval (A decrease of 4 condos from May).

20 Condos Sold in June (Down 6 from May)

The inventory continues to decline in the Stuart condo market for the area in ZIP code 34996. Sales activity slowed from May and pending sales were also down from last month. We are approaching the slower time of the year for seasonal condos and it’s not unusual to see a lower number of pending sales and probably fewer closed sales for the summer and fall for this segment of Stuart, Florida real estate.

Compared to last year in June of 2011, the numbers were 203 active listings, 21 pending sales and 30 closed sales.  Last June we had much better closed activity, but our pending sales are higher this year and the inventory is marginally lower.

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

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Stuart Florida Market Report ZIP Code 34996 – Condo, June 2012

Stuart Florida Market Report ZIP Code 34994 – Condo, June 2012

07.24.12 by

Stuart Florida Market Report ZIP Code 34994 – Condo, June 2012

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for June 2012

For June 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 140 active condo listings (Down by 10 condos from May).

40 Condo sales are pending and awaiting close or lender approval. (Up 3 from last month)

12 Condos Sold in June (Decreased by 11 condos from May).

The Stuart Condo market for zip code 34994 showed a marked decrease of closed sales possibly indicating a seasonal slowdown for the summer months.  But pending sales took a small jump, which is encouraging.  Active listings were down by 10, now only 140 active listings.  Lower inventory typically means less supply, which with any return in demand, might indicate price rises in the near future.

Last year in June of 2011 the numbers were: 148 active listings, 44 pending listings and 10 closed sale.  Fairly similar numbers from last year, with slightly better numbers in all categories.

The one month absorption rate for this market is now 12 months.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither a buyers or sellers market.

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

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Stuart Florida Market Report ZIP Code 34994 – Condo, June 2012

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, June 2012

07.23.12 by

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, June 2012

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for June 2012

For June 2012 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 266 active listings. ( A decrease of 19 homes from May)

93 Residential sales are pending and awaiting close or lender approval (A decrease of 6 homes from May)

46 Homes Sold in June (An increase of 3 homes from last month)

The Hobe Sound real estate market (ZIP Code 33455) remained active for June. The inventory decreased again.  Now only 266 active listings. Closed sales remained strong and pending sales also showing good future sales providing they close in the near future. The Hobe Sound market has maintained better strength through the late spring season than most segments of the Martin County real estate market.

Last year, in June of 2011, we had 378 active listings, 72 pending sales and 38 closed sales.  A considerably stronger market this year with no signs of anything other than a slight seasonal slow down in the future.

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Hobe Sound Florida Market Report ZIP Code 33455 – Residential, June 2012

Palm City Florida Market Report ZIP Code 34990 – Residential, June 2012

07.21.12 by

Palm City Florida Market Report ZIP Code 34990 – Residential, June 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for June 2012

For June 2012 in the 34990 Zip Code area of Palm City Florida :

There are currently 441 active listings (A decrease of 21 homes from May)

189 Residential sales are pending and awaiting close or lender approval. (A decrease of 14 homes from last month)

70 Homes Sold in June (Decreased 11 homes from May)

For the Palm City, zip code 34990, area of Martin County Florida, activity slowed some from the very strong spring.  Both closed and pending sales declined, while the inventory also continued to shrink.  Still good numbers and market activity remains active, more so than the past few years.

Comparing these numbers to June of 2011, when there were 503 active listings, 132 pending sales and 56 homes sold.  Much better market activity for Palm City this year than in the past few years.  Definitely an improving market.

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Palm City Florida Market Report ZIP Code 34990 – Residential, June 2012

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, June 2012

07.19.12 by

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, June 2012

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for June 2012

For June 2012 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 121 active listings. (Down 18 homes from last month)

88 Residential sales are pending and awaiting close or lender approval. (Up 6 homes from May)

25 Homes Sold (Up 7 homes from May)

After two fairly slow months for the Jensen Beach residential real estate market, zip code 34957, June showed better results.   Inventory was down and both pending and closed sales rose.  Much more in line with the rest of Martin County.  There was also an excellent distribution of price ranges for the closed sales.

The June 2011 numbers were 163 active listings, 77 pending sales and 12 closed sales.  Considerably improved numbers this year with a significantly lower inventory fro the Jensen Beach residential real estate market (ZIP Code 34957).

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Jensen Beach Florida Market Report ZIP Code 34957 – Residential, June 2012

Highlands Reserve in Palm City Florida

07.18.12 by

Highlands Reserve in Palm City Florida

Highlands Reserve in Palm City Florida is the newest upscale community in this section of MartinCounty. Enter the magnificent gates and surround yourself with the well appointed amenities of the clubhouse and natural beauty of this community. Included are paths into winding nature trails will offer dramatic views of surrounding natural preserves and serene lakes.

Located only seconds from I-95 and within minutes of shopping, beaches and the laid back easy lifestyle of Martin County. Perfect for the family with an ‘A’ rated school system. Only 30 minutes to West Palm Beach and 2 hours to Orlando.

Low HOA fees of $275.00 per month include landscaping and irrigation as well as the security gate, use of the full service clubhouse with large pool and state of the art fitness center.  Lounge and kitchen for private parties and occasions.

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Highlands Reserve in Palm City Florida

Stuart Florida Market Report ZIP Code 34997 – Residential, June 2012

07.17.12 by

Stuart Florida Market Report ZIP Code 34997 – Residential, June 2012

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for June 2012

There are currently 356 active listings (A decrease of 33 homes from May).

204 Residential sales are pending and awaiting close or lender approval (A decrease of 21 homes from May).

78 Homes Sold in May (Up 25 homes from May)

More good results from the 34997 zip code area of Stuart Florida. This segment of the Martin County real estate market has had an exceptionally strong spring! Inventory took another large drop again in June.  Pending and closed sales were also off somewhat from May’s exceptionally strong results.  The activity is still strong though and compared to last year’s numbers (see below), still very positive.
In June of 2011, there were 528 active listings, 164 pending sales, and 60 closed sales, for the 34997 zip code for Stuart, Florida.

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Stuart Florida Market Report ZIP Code 34997 – Residential, June 2012

Portofino Condos at Jensen Beach

07.16.12 by

Portofino Condos at Jensen Beach

Portofino Condos at Jensen Beach is one of the newest condominium subdivisions in Martin County.  Originally built as an upscale apartment complex around 2000, this development was turned into condominiums and began sales in 2005.  Due to the downturn in the housing market, not all units were sold and some are now being offered for lease.  Portofino Condos at Jensen Beach features 1, 2 and 3 bedroom units with separate garage parking as an added purchase when available.  Unit sizes are 802 sq. ft. for the 1 Bedroom 1 bath, 1074 sq. ft. for the 2 Bedroom 2 bath, and 1252 sq. ft. for the 3 Bedroom 2 bath.

The Condo Owners Association fees range from $190 to $315 per month depending on unit size and for garage owners, there’s an additional $20 per month charge.  Fees include the extensive grounds and gated entry as well as the amenities, which include a large community pool, heated whirlpool, state of the art fitness center, indoor racquetball court, tennis court, playground and a private clubhouse with a full kitchen.

All ages are welcome in Portofino Condos at Jensen Beach.   Children attend Martin County’s highly rated school system, currently at Jensen Beach elementary school, Stuart middle school and Jensen Beach high school.  Portofino Condos is close to the Treasure Coast mall as well as numerous shops and restaurants, medical facilities and only a few minutes to the waterways of Martin County and the beaches of Hutchinson Island.

For information about sales or rentals of Portofino Condos in Jensen Beach, please call the Gabe Sanders real estate team at 772-323-6996 or contact us here.

 

Jensen Beach Florida Real Estate

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Portofino Condos at Jensen Beach

Stuart Florida Market Report ZIP Code 34996 – Residential, June 2012

07.15.12 by

Stuart Florida Market Report ZIP Code 34996 – Residential, June 2012

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for June 2012

For June 2011 in the 34996 Zip Code area of Stuart, Florida :

There are currently 159 active listings (A decrease of 14 homes from May).

32 Residential sales are pending and awaiting close or lender approval (Down 1 from May).

8 Homes Sold in June (Down 26 from May).

The 34996 zip code area of Stuart Florida showed fewer sales for June as compared to last month while inventory continues to decline and pending sales remained steady.  Home sales averaged much better price numbers than for the past months and last year as higher-priced homes sold in May.

Comparing the numbers to June 2011, there were 167 active listings, 33 pending and 6 closed sales.  Very similar numbers to this year with less inventory available this year.

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Stuart Florida Market Report ZIP Code 34996 – Residential, June 2012

Osprey Cove in Hobe Sound

07.13.12 by

Osprey Cove in Hobe Sound

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

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

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

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

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

Hobe Sound Florida Real Estate

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Osprey Cove in Hobe Sound

Stuart Florida Market Report ZIP Code 34994 – Residential, June 2012

07.12.12 by

Stuart Florida Market Report ZIP Code 34994 – Residential, June 2012

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for June 2012

For June, 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 70 active listings (Down 5 from May).

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

9 Homes Sold in June (Up 1 home from May)

The 34994 ZIP code area of the Stuart, Florida real estate market continues to show very positive market activity.  Sales were up, pending sales also increased and the inventory continued to decline.  With only 70 available homes for sale in this zip code are of Stuart, finding quality well priced homes is becoming difficult for buyers.  Those homes that are attractively priced and in quality condition are in fact moving quickly.  Some very well priced homes closed in June, in the $600,000 to $700,000 price range.

Last June at this time, there were 79 active listings, 36 pending sales and 10 closed sales.  Better activity than last June for the Stuart Florida Markep Report Zip Code 34994 – Residential, June 2012.

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Stuart Florida Market Report ZIP Code 34994 – Residential, June 2012