The Retreat in Hobe Sound

06.04.12 by

The Retreat in Hobe Sound

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

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

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

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

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

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

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

The Retreat in Hobe Sound

 

Martin County Florida Condo Market Report for April 2012

05.31.12 by

Martin County Florida Condo Market Report for April 2012

Commentary:

For April, the Martin County Florida Condo Market finally showed some life with better results than we’ve had all year.  Sales for April were a strong 75 units, 11 units more than March and 25 units above April of 2011.  On another positive note, the median sales price rose to $118,500 reflecting some higher to moderate priced condos having sold.

The inventory declined to 606 condos, which is down from 651 units last month and down from the 714 condos that were on the market in April of 2011. The one month absorption rate is now at 8.08 months, while the three month average is down to 9.68 months. It remains a challenging market for condos in Martin County but 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 big uncertainty that remains is the economy. We believe that if we have any sustained good news, we will see a pretty good rush on the market which will be a nice change from the present. For the longer term, even though we have the best mortgage rates in history at the moment, inflation is making news and this is not good for rates down the line. The Fed is working hard to keep rates down, but for how long, we’re just not too sure.

Our outlook for Martin County is fairly positive as for buyers, prices and rates remain very attractive. For sellers, it doesn’t look like we’re going to see any significant improvements soon, so if you need to sell, you may be better off now than possibly in the near future.

Martin County Florida Condo Market Report for April 2012

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, visit our website or call us at (772) 888-2885.
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Martin County Florida Residential Market Report for April 2012

05.30.12 by

Martin County Florida Residential Market Report for April 2012

Commentary:

The Martin County Florida residential market report for April 2012 showed another healthy month. The sales volume of 166 homes was 5 homes more than last year with about 300 less homes in inventory. The one month absorption rate was down to 7.5 months while the three month moving average is now at 8.16 months.  This is up slightly from March.  The one month absorption rate is now indicating close to a balanced market.  There are still a significant amount of pending short sales that seem to be taking forever to close.  I am hoping that the lenders are not tightening up their requirements as they also see market activity improving.

Both average and median sales prices were down slightly from March.  This is the second monthly decline after a number of months of increases. This is more a reflection of the mix of homes selling for these months rather than an indication of lower values (More lower-priced homes selling). However, the specter of an increased number of distressed properties being released by the banks remains. Should a large number of foreclosures come on the market, this will further depress prices and keep the values relatively stable at best.

Our outlook for Martin County remains optimistic as prices and rates remain at historic low levels. For sellers, homes are selling, and if priced and presented optimally, they are going quickly. Buyers are seeing historically low-interest rates and very affordable quality homes in almost all price ranges.

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

Click on the individual charts to see charts in expanded mode.

Martin County Florida Residential Market Report for April 2012

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, visit our website or call us at (772) 888-2885.
Our market reports are here!

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

05.29.12 by

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

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

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

There are currently 35 active condo listings. (Down 3 from March)

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

5 Condos sold in April (Unchanged from March)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the martin County real estate market.  April showed continued activity with five closed sales and a further decrease in inventory. I don’t expect to see any great movement in this segment of the Treasure Coast Florida condo market, with the current absorption rate on 7 months, indicating a balanced market for April. Last April’s numbers were 39 active listings, 9 pending sales and 3 closed sales. Almost identical to this year’s numbers.

 

 

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

Mariner Sands Golf Club

05.28.12 by

Mariner Sands Golf Club

One of Stuart’s premier golf course communities is located on 728 pristine acres with magnificent landscaping featuring idyllic lakes and water views as well as natural wooded buffers.   There are 771 residences in the Mariner Sands Golf Club with exclusive use of two championship golf courses.  Designed by famed course architects Tom Fazio and Frank Duane.  In addition to 36 holes of magnificent golf,

Mariner Sands Golf Club also features a championship Tennis facility with 9 Har-Tru courts and pro shop.  Yearly clinics, as well as tournaments, keep the Tennis players busy.  Members have access to the adjacent large swimming pool and pool bar.

There’s also a 2,100 sq. ft. Fitness Center available for use by all Mariner Sands Golf Club members.  It contains state-of-the-art equipment for cardiovascular development, strength and toning procedures for all muscle groups and flexibility improvement.

Two on-site licensed personal trainers are available to assist members in developing specific individual programs.

For pet lovers, Mariner Sands boasts its own ‘doggie park’ for use by all residents.

Mariner Sands Golf Club is one of the few golf communities in Florida with its own chapel. It has multi-denominational worship services and is host to art classes, a library and various cultural events.  The chapel also facilitates many charitable events and volunteer opportunities for the community.  A Memorial Garden is available for interment to all Mariner Sands residents and their families.

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Martins Crossing in Stuart Florida

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

05.27.12 by

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

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

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

There are currently 315 active listings. ( A decrease of 8 homes from March)

96 Residential sales are pending and awaiting close or lender approval (A decrease of 8 homes from March)

45 Homes Sold in April (A decrease of 4 homes from last month)

The Hobe Sound real estate market (ZIP Code 33455) continued very strong results into April 2012.  The inventory decreased again while closed and pending sales were off only slightly from a strong March. Compared to last April, we had 409 active listings, 89 pending sales and 47 closed sales, we are very similar to last year’s figures, but all this with almost 25% less inventory.

The Hobe Sound real estate market (zip code 33455) has an April absorption rate of 7 months, which is basically a balanced market.  A good and healthy report.

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

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

05.25.12 by

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

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

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

There are currently 53 active listings. (Down 15 from March)

28 Condo sales are pending and awaiting close or lender approval. (Up 2 condos from March)

8 Condo Sold (Unchanged from March)

The Jensen Beach Condo market (zip code 34957)  is a fairly small segment of the Martin County condo market.  The current inventory has fallen to new lows with only 53 condos on the market.  Pending sales remain high and closed sales were unchanged from last month.   With an April absorption rate of 6.7 months, this is currently a balanced market.

Last April there were 61 active listings, 20 pending sales and 6 closed sales. Basically unchanged over the year.

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

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

05.24.12 by

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

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

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

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

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

33 Homes Sold (Down 3 from March)

After a blistering March, the Jensen Beach real estate market (ZIP Code 34957) cooled off a bit for April, but still had some positive results with 33 homes sold.  A modest increase in inventory this month and an unexpected drop in pending sales are stats that we will need to keep an eye on.  Still, quite good numbers when the fairly small inventory is considered.
The April 2011 numbers were 181 active listings, 75 pending sales and 25 closed sales.  Still better than last years numbers.  If the inventory does not grow appreciably in the next few months, I’m not expecting any significant improvement for the Jensen Beach residential real estate market (ZIP Code 34957).

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

Martins Crossing in Stuart Florida

05.23.12 by

Martins Crossing in Stuart Florida

Located in the intimate, yet vibrant, city of Stuart near a variety of fine restaurants, cultural outlets and shopping.  Martins Crossing, boasts of  596 residences with a stunning variety of single family homes and a section of private town homes. This family friendly community was completed around 2006 with mostly newer homes.

 Community amenities include lush landscaping and with private preserve views,  The Martins Crossing Clubhouse has a sparkling resort style pool, and over sized deck, tennis courts and a playful tot lot all nearby.

 Martins Crossing is conveniently located by Kanner Hwy. and Pomeroy Street for easy access to Historic Downtown Stuart, the beaches and waterways of Martin County, restaurants, shopping and quick access to I-95.  All this in a wonderful ‘A’ rated school system.

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

05.22.12 by

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

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

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



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

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

1 Condo Sold in April. (Down 2 from March)

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. Most of the condos in Palm City are not as attractive to Martin County’s seasonal buyers and tend to be more attractive to a greater number of year round residents. This segment of the market currently is treading water with small changes in all categories.  The only bright note is the single sale this month was one of the higher priced condos in the Admiralty.

Last years numbers for the Palm City (34990 zip code area) Condo market were 58 active listings, 10 pending sales and 2 closed sales.  This segment of the martin County real estate market is just not performing at this time, unlike most of our other areas as well as the residential Palm City market.

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

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

05.20.12 by

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

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

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

There are currently 462 active listings (A decrease of 14 homes from March)

228 Residential sales are pending and awaiting close or lender approval. (An increase of 26 homes from last month)

49 Homes Sold in April (Increased 2 homes from March)

For the Palm City, zip code 34990, area of Martin County Florida, the strong March continued into April with positive movement in all categories. Very strong results!

Comparing these numbers to April of 2011, when there were 524 active listings, 151 pending sales and 59 homes sold, very similar numbers with a significantly smaller inventory, the exception being the much larger number of pending sales, which should translate into higher closed sales soon.

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

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

05.18.12 by

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

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

 

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

 

There are currently 115 active condo listings (An increase of 6 condos form March).

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34 Condo sales are pending and awaiting close or lender approval (Down 6 condos from March).

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18 Condos Sold in June (An increase of 4 condos from March).

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Fairly positive April results for the Stuart condo market for the area in ZIP code 34997.  A small increase in inventory and also a small decrease in pending sales, possibly showing the seasonal slowdown for the condo market.  Closed sales were up from March though.
Last years numbers were 124 active listings, 23 pending sales and 9 closed sales. Considerably better April of 2012 compared to last year for the Condo market of the 34997 zip code area of Stuart, Florida.

 

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

 

 

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

05.17.12 by

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

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

There are currently 407 active listings (A decrease of 21 homes from March).

245 Residential sales are pending and awaiting close or lender approval (A decrease of 18 homes from March).

67 Homes Sold in March (Up 6 homes from March)

Another positive month for the 34997 zip code area of Stuart Florida. This segment of the martin County real estate market is just HOT! Inventory took another drop again in April while pending sales also dropped slightly and closed sales were up to 67 sold homes. There is an exceptionally large number of contingent sales (pendings) that are awaiting lender approval in the form of short sales. Hopefully, the majority of these will receive approval and close. It is significant to note that the active inventory has decreased significantly in the past three months, representing over a 30% drop in active listings!
Compared to April of 2011, when there were 560 active listings, 195 pending sales and 55 closed sales, the 34997 area code for Stuart, Florida continues to show great improvement with considerably improved numbers, even with less inventory available.

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

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

05.16.12 by

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

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

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

There are currently 191 active condo listings (Down 8 from last month).

52 Condo sales are pending and awaiting close or lender approval (A decrease of 6 condos from March).

26 Condos Sold in April (An increase of 3 condos from March)

The inventory continues to decline in the Stuart condo market for the area in ZIP code 34996. Sales activity increased slightly with 3 more sales as compared March and pending sales were down slightly, but still high. Very strong signs for this segment of the market. There was a fairly good mix of both Island units as well as some of the lesser priced 55+ community condos on the mainland selling last month.

Compared to last year in April of 2011, the numbers were 222 active listings, 35 pending sales and 15 closed sales.  Much better numbers this year, especially since the inventory is considerably less.  If this trend continues, it will not be long before we start seeing some gradual price increases in the 34996 Condo market in Stuart, Florida.

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

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

05.15.12 by

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

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

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

There are currently 165 active listings (Unchanged from March).

47 Residential sales are pending and awaiting close or lender approval (Up 11 from March).

8 Homes Sold in April (Down 14 from March).

The 34996 zip code area of Stuart Florida showed weak sales activity in April as compared to March. Pending sales, however, were up sharply and should reflect an increased number of closed sales in the near future while the inventory remained unchanged in a continued positive trend for this section of the residential single family market in Stuart, Florida.

Comparing the numbers to April of 2011, there were 189 active listings, 27 pending sales and 11 closed sales. This April’s activity is considerably better than last year with the exception of a drop in closed sales.  There appears to be a good future trend for the 34996 section of the Stuart, Florida real estate market.

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

The Soundings Yacht and Tennis Club in Hobe Sound

05.12.12 by

The Soundings Yacht and Tennis Club in Hobe Sound, Florida

Conveniently located only minutes from beautiful Jupiter Island Beach, the Soundings Yacht and Tennis Club in Hobe Sound, Florida is an active planned community bordering both sides of Gomez Avenue in Hobe Sound.  There are a total of 153 home sites in the Soundings with only 2 vacant lots unbuilt at last count.

On the East side of Gomez, the Soundings homes are mostly waterfront with deep water docks accessing the Intracoastal waterway.  A small marina with additional docks deeded to a few select homes that do not have waterfront locations.  In addition, there is a boat ramp as well as trailer storage for those wishing to keep their boats in dry storage.  In addition, there’s a large community pool, tennis courts and an active fully equipped clubhouse.

Homes in the Soundings Yacht and Tennis Club range from spacious estate homes with Intracoastal views to smaller cottages that are perfect for the occasional seasonal resident or those not requiring large homes but want easy access to the water.

More information about the Soundings Yacht and Tennis Club can be found on their community web site.

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The Soundings Yacht and Tennis Club in Hobe Sound, Florida

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

05.11.12 by

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

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

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

There are currently 147 active condo listings (Up by 4 condos from March).

43 Condo sales are pending and awaiting close or lender approval. (Down 1 from last month)

15 Condos Sold in April (Unchanged from March).

The Stuart Condo market for zip code 34994 showed little change in April with very similar numbers from the previous two months.  We’ve also had the first uptick in inventory in a few months as some sellers may feel the time is right to put their condo on the market.

In April of 2011 the numbers were: Active – 144, Pending – 50 and Sales – 25. Compared to last year, we are slightly below expectations.

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

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

05.10.12 by

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

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

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

There are currently 79 active listings (Down 5 from March).

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

5 Homes Sold in April (Down 2 homes from March)

The 34994 ZIP code area of the Stuart, Florida real estate market remained largely unchanged from march.  With a continuing decrease in inventory, finding good quality homes is becoming more of a challenge for any ready willing and able buyers.

Last April at this time, there were 88 active listings, 28 pending sales and 8 closed sales.  Slightly off from last years numbers.

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

Sewalls Point Market Report – Residential, April 2012

05.09.12 by

Sewalls Point Market Report – Residential, April 2012

Sewalls Point Real Estate Snapshot, Residential Sales for April 2012

There are currently 63 active listings (an increase of 2 homes for sale from March)

19 Residential sales are pending and awaiting close or lender approval (An increase of 5 from March)

2 Homes sold in March (Down 1 from March)

The market remains slow for the Sewalls Point real estate area of Martin County, Florida.  The one bright note is a fairly large increase in pending sales.  This will hopefully translate into some healthier numbers of closed sales in the near future.  Both closed sales and inventory remain basically unchanged from last month.

Comparing the results to April of 2011, the inventory is basically unchanged as there were 60 homes on the market last year, pending sales were 12, and 5 homes sold. Closed sales were higher last year.  We should see closed sales for the near future catch up with last years figures as the higher number of this years pending sales close.

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Sewalls Point Market Report – Residential, April 2012

Four Rivers in Palm City Florida

05.02.12 by

Four Rivers in Palm City Florida

Waterfront Community in Palm City, Florida

Four Rivers in Palm City Florida is a unique enclave of spacious homes on the banks of the South Fork of the Saint Lucie River.  Ideal for 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.

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.

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.

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Four Rivers in Palm City Florida