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Martin County Single Family Homes September 2017 Market Report

Martin County Single Family Homes September 2017 Market Report

The Martin County Single Family Homes Market Report for September 2017 showed weaker activity from last year. This decrease can most likely be attributed to Hurricane Irma which shut things down for a couple of weeks in September.  Closed sales were down by 20.3% (was up by 30% in August).  While new pending sales decreased by 40.5% as compared to September of 2016 (Decreased by 14.5% in August).

Prices continued to rise with the median sales price up by 12.1% from last year (up by 17.4% in August) while the average price increased by 3.6% (was up by 23.3% last month).

The inventory of available single family homes decreased from last month by 55 homes to 968 units for September,  this is  0.3% less than last September.  The current supply of homes is 4.7 months, for September of last year it was also 4.9 months supply.  Still a seller’s market for Martin County single family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes September 2017 Market Report

Click here to view or download the full report:
Martin County Single Family Homes September 2017 Market Report

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.

Martin County Single Family Homes September 2017 Market Report

Sewalls Point Single Family Market Report September 2017

Sewalls Point Single Family Market Report September 2017

Sewalls Point Real Estate Snapshot, Residential Sales for September 2017

 

There are currently 43 active listings (Down by 11 homes from last month)

Sewalls Point Single Family Market Report September 2017

4 home sales are pending and awaiting close or lender approval (Decreased by 2 homes from August)

Sewalls Point Single Family Market Report September 2017

4 Homes sold in June (Increased by 3 homes sales from August)

Sewalls Point Single Family Market Report September 2017

The single family real estate market in Sewalls Point had a large drop of inventory for September.  Sales increased from last month but pending sales were off.  Some of this activity could have been impacted by Hurricane Irma which shut down real estate for a little over a week last month.

The absorption rate dropped to 10.8  months, in August was 54 months.  Still a buyers’ market for Sewalls Point single family homes but not nearly as extreme as the previous month.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to September 2016, the inventory was 69 homes on the market, 10 pending sales and there were 7 closed sales.  Considerably better sales activity last year.

Sewalls Point Single Family Market Report September 2017

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Sewalls Point Single Family Market Report September 2017

 

St Lucie County Single Family Homes August 2017 Market Report

St Lucie County Single Family Homes August 2017 Market Report

St Lucie County Single Family Homes Market Report for August 2017 showed moderating activity as compared to last July as well as last month. Closed sales were down by 6.2% (in July they were up by 8.5%) and new sales under contract (new pending sales) increased by 13.4% (they were up by 1.2% last month).

Prices continued to rise.  The median and average sales prices up by 10.8% and 8.6% respectively from last August (For July these numbers were up 14.3% and 10.2%).  The continued rate of price increases is beginning to have a major impact on affordability in St Lucie County.

Active listings decreased by 21 homes down to 1,592 homes.  This inventory is 0.6% lower than last year.  The current supply of homes is 3.5 months (was also 3.5 months for July) and also 3.5 months for last year.  This is unchanged from last year.  The St Lucie County single family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes August 2017 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes August 2017 Market Report

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.

St Lucie County Single Family Homes August 2017 Market Report

Martin County Single Family Homes August 2017 Market Report

Martin County Single Family Homes August 2017 Market Report

The Martin County Single Family Homes Market Report for August 2017 showed mixed results when compared to last August.  Closed sales were up by an impressive 30% (were unchanged in July).  While new pending sales decreased by 14.5% as compared to August of 2016 (Increased by 22.3% in July).

Prices continued to rise rapidly with the median sales price up by 17.4% from last year (up by 10.9% in July) while the average price increased by 23.3% (was down by 7.2% last month).

The inventory of available single family homes decreased from last month by 45 homes to 1,023 units for August,  this is  4.3% greater than last August.  The current supply of homes is 4.9 months, for August of last year it was also 4.9 months supply. (This is unchanged from last year).  Still a seller’s market for Martin County single family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes August 2017 Market Report

Click here to view or download the full report:
Martin County Single Family Homes August 2017 Market Report

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.

Martin County Single Family Homes August 2017 Market Report

The Meadows Palm City September 2017 Market Report

The Meadows Palm City September 2017 Market Report

There are currently 3 homes for sale in the Meadows in Palm City FL.  List prices range from $239,500 up to $369,900 for an average list price of $311,467 which equals $171.02 per sq. ft. of living area.

There are currently 3 homes under contract in the Meadows.  These homes were listed for prices from $155,000 up to $335,000 for an average list price of $271,667 which is $153.17 per sq. ft. of living area.  These homes averaged 22 days on market before going under contract.

In the past 12 months, there have been 34 sales in the Meadows.  Sales prices ranged from a low of $126,800 up to $365,000 with an average sales price of $225,374 or $138.80 per sq. ft. of living area.  These homes went under contract in an average of 32 days and sold for an average of 96% of their final list price.

About The Meadows Homes in Palm City Florida:

The Meadows at Martin Downs is a family friendly gated residential community very well situated in Palm City, Florida. There are 832 homes consisting of single-family homes, duplexes, 4 unit townhouses, and 4 unit patio homes. The Meadows community is divided into 6  distinct villages which are named: Greenwich, Lakemont, Mayflower, Brighton, Foxboro, and Ridgewood.

Entrance to the Meadows

The Meadows is a guard gated community with round-the-clock security.  Residents of the meadows enjoy a large heated swimming pool, a tot pool, children’s playground adjacent to the pool, basketball, 3 lighted tennis courts, a horseshoe pit and 2 bocce courts.  Near the entrance of the Meadows, between the gatehouse and the fountain, is a 2200 square foot recreation center, known as The Meadows House, which also houses the administrative offices of The Meadows Homeowners Association.

Homes in the Meadows

The Meadows came into existence through the efforts of local developer Peter Cumming who submitted the plans for the community around 1988.  Shortly thereafter, Burg and DiVosta (soon to be just DiVosta) began developing the land in the area called Martin Downs for the soon to be constructed villages of The Meadows.

Homes in the Meadows

Divosta started construction on the site known as The Meadows in 1988 by building two structures from which to sell. One was a Single Family home (Hampton) in what is now known as Greenwich Village, and the other was a four-unit Town Homebuilding (Stamford) in what is now known as Lakemont Village. Both types of homes were started in The Meadows at about the same time in 1988.  DiVosta completed the Meadows in 1993 and turned the administration and running of the community to The Meadows Homeowners Association which runs the community through elected officers as well as a full-time support staff.

HOA fees in the meadows vary by the type of home, so please look at the listing details view when checking available Meadows homes for sale.  The Meadows is not age restricted and currently allows up to 2 large pets.  Rentals are also allowed with some restrictions.

Children currently attend the Bessey Creek Elementary School, the Hidden Oaks Middle School; and the Martin County High School.

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The Meadows Palm City September 2017 Market Report

Sewalls Point Single Family Market Report August 2017

Sewalls Point Single Family Market Report August 2017

Sewalls Point Real Estate Snapshot, Residential Sales for August 2017

 

There are currently 54 active listings (Up by 11 homes from last month)

Sewalls Point Single Family Market Report August 2017

6 home sales are pending and awaiting close or lender approval (Decreased by 2 homes from June)

Sewalls Point Single Family Market Report August 2017

1 Homes sold in June (Decreased by 7 homes sales from June)

Sewalls Point Single Family Market Report August 2017

The single family real estate market in Sewalls Point had very weak closed sales for August and the pending (future0 sales activity is also not very impressive.  The inventory is down from last year as well.

The absorption rate balooned to 54  months, in June it was 3.6 months.  An extreme buyers’ market for Sewalls Point single family homes after two earlier good months for sellers.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to August 2016, the inventory was 66 homes on the market, 14 pending sales and there were 6 closed sales.  Considerably better sales activity this year and with reduced inventory.

Sewalls Point Single Family Market Report August 2017

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Sewalls Point Single Family Market Report August 2017

 

Martins Crossing Real Estate Market Report September 2017

Martins Crossing Real Estate Market Report September 2017

There are currently 10 homes and townhomes for sale in Martins Crossing.  Prices range from $199,900 to $405,000 for an average list price of $303,130 which equals $143.64 per sq. ft. of living area.

There are 7 homes under contract.  List prices range from $176,500 to $397,000 for an average list price of $284,600 which is $134.56 per sq. ft. of living area.  On average these homes went under contract in 62 days.

In the past twelve months, 48 homes have sold in Martins Crossing.  Sales prices ranged from a low of $149,734 to a high of $401,000 for an average sales price of $263,881 which equates to $127.71 per sq. ft. of living area.  These homes sold at an average of 97% of listed price and were under contract in an average of 47 days.

About Martins Crossing in Stuart FL:

Martins Crossing real estate in Stuart FL

Located in the intimate, yet vibrant, city of Stuart near a variety of fine restaurants, cultural outlets and shopping.  Martins Crossing Real Estate Market Report September 2017, 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.

 Martins Crossing real estate in Stuart FL

Martins Crossing Real Estate Market Report September 2017 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 real estate in Stuart FL Martins Crossing real estate in Stuart FL

Martins Crossing Real Estate Market Report September 2017 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.

Martins Crossing real estate in Stuart FL Martins Crossing real estate in Stuart FL

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Martins Crossing Real Estate Market Report September 2017

St Lucie County Single Family Homes July 2017 Market Detail

St Lucie County Single Family Homes July 2017 Market Detail

St Lucie County Single Family Homes Market Detail for July 2017 showed improved activity as compared to last June as well as last month. Closed sales were up by 8.5% (in June they were unchanged) and new sales under contract (new pending sales) increased by 1.2% (they were down by 10.6% last month).

Prices continued to rise.  The median and average sales prices up by 14.3% and 10.2% respectively from last July (For June these numbers were up 10.7% and 4.5%).  These price increases are making home affordability an issue in St Lucie County.

Active listings increased by 30 homes down to 1,613 homes.  This inventory is 10.1% higher than last year.  The current supply of homes is 3.5 months (was also 3.5 months for June) and 3.3% for last year.  This is 6.1% higher than last year.  The St Lucie County single family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes July 2017 Market Detail

Click here to view or download the full report:
St Lucie County Single Family Homes July 2017 Market Detail

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.

St Lucie County Single Family Homes July 2017 Market Detail

Martin County Single Family Homes July 2017 Market Detail

Martin County Single Family Homes July 2017 Market Detail

The Martin County Single Family Homes Market Detail for July 2017 showed continued growth as compared to last July.  Closed sales were unchanged (were up by 8.7% in June). New pending sales increased by 22.3% as compared to July of 2016 (Increased by 7.2% in June).

Prices continued to rise with the median sales price up by 10.9% from last year (up by 6.0% in June) while the average price increased by 7.2% (was down by 6.3% last month).

The inventory of available single family homes increased from last month by 40 homes to 1,068 units for July,  this is  10.4% greater than last July.  The current supply of homes is 5.3 months, for July of last year it was a 4.8 months supply. (This is a 10.4% increase from last year).  Still a sellers’ market for Martin County single family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes July 2017 Market Detail

Click here to view or download the full report:
Martin County Single Family Homes July 2017 Market Detail

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.

Martin County Single Family Homes July 2017 Market Detail

Florida Single Family Homes July 2017 Market Detail

Florida Single Family Homes July 2017 Market Detail

The Florida Single Family Homes Market Detail for July 2017 continues to improve as compared to last July though at a reduced rate from the past few years and months.  Closed sales were up by 2.0% (were up by 4.3% in June) and new sales under contract (new pending sales) were up by 3.3% (were up by 2.2% in June).

Both the median and average sales prices continued to rise when compared to last year.  Up by 7.1% and 5.7% respectively, compared to June’s 8.9% and 7.3%.

The inventory of available homes for sale fell by 2.7% from last year.  For July there was a 3.9 months supply of inventory as Florida remains in a sellers’ market with the advantage for sellers. (July of 2016 had a 4.1 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory is once again decreasing which continues to put pressure on rising prices and sales.

Florida Single Family Homes July 2017 Market Detail

Click here to view or download the full report:

Florida Single Family Homes July 2017 Market Detail

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.

Florida Single Family Homes July 2017 Market Detail

Florida Single Family Homes 2017 2’nd Quarter Report

Quarterly Market Report for Florida Single Family Homes

2’nd Quarter 2017

Click the image below to view the full details of the Florida single family home market report data as reported by Florida Realtor for the 2’nd Quarter 2017.

Florida Single Family Homes 2017 2'nd Quarter Report

Positive results in sales volume for the 2’nd Quarter 2017 and the prices continue to rise. Still a strong sellers’ market for Florida single family homes.

View the entire set of data at GabeSanders.com

Sewalls Point Single Family Market Report July 2017

Sewalls Point Single Family Market Report July 2017

Sewalls Point Real Estate Snapshot, Residential Sales for July 2017

 

There are currently 43 active listings (Down by 14 homes from last month)

Sewalls Point Single Family Market Report July 2017

8 home sales are pending and awaiting close or lender approval (Decreased by 6 homes from June)

Sewalls Point Single Family Market Report July 2017

8 Homes sold in June (Decreased by 8 homes sales from June)

Sewalls Point Single Family Market Report July 2017

The single family real estate market in Sewalls Point continues with strong activity for July.  Sales were off from last month but remain quite good with a much smaller inventory of available homes.

The absorption rate plunged to 5.4 months, in June it was 3.6 months.  Holding on to a sellers’ market for Sewalls Point single family homes for the second month in a row.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to July 2016, the inventory was 69 homes on the market, 11 pending sales and there were 2 closed sales.  Considerably better sales activity this year and with reduced inventory.

Sewalls Point Single Family Market Report July 2017

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Sewalls Point Single Family Market Report July 2017

 

St Lucie County Single Family Homes June 2017 Market Detail

St Lucie County Single Family Homes June 2017 Market Detail

St Lucie County Single Family Homes Market Detail for June 2017 showed weaker activity as compared to last June. Closed sales were unchanged (in May they were up by 10.0%) and new sales under contract (new pending sales) decreased by 10.6% (they were up by 9.2% last month).

Prices, however, continued to rise.  The median and average sales prices up by 10.7% and 4.5% respectively from last June (For May these numbers were up 16.5% and 16.5%).  These price increases are making home affordability an issue in St Lucie County.

Active listings decreased by 8 homes down to 1,583 homes.  This inventory is 5.1% higher than last year.  The current supply of homes is at 3.5 months (was also 3.5 months for May)  This is 6.1% higher than last year.  The St Lucie County single family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

July 2017 St Lucie County Single Family Homes Market Report

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St Lucie County Single Family Homes June 2017 Market Detail

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.

St Lucie County Single Family Homes June 2017 Market Detail

Martin County Single Family Homes June 2017 Market Detail

Martin County Single Family Homes June 2017 Market Detail

The Martin County Single Family Homes Market Detail for June 2017 showed continued growth as compared to last June.  Closed sales were up by 8.7% (were up by 8.3% in May). New pending sales increased by 7.2% as compared to June of 2016 (Increased by 24.2% in May).

Prices had mixed results for June with the median sales price up by 6.0% from last year (up by 8.3% in May) while the average price decreased by 6.3% (was up by 35.4% last month).

The inventory of available single family homes decreased from last month by 8 homes to 1,028 units for June,  this is still 7.3% greater than last June.  The current supply of homes is 5.1 months, for June of last year it was a 4.7 months supply. (This is a 8.5% increase from last year).  Still a sellers’ market for Martin County single family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

June 2017 Martin County Single Family Homes Market Report

Click here to view or download the full report:
Martin County Single Family Homes June 2017 Market Detail

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.

Martin County Single Family Homes June 2017 Market Detail

Florida Single Family Homes June 2017 Market Detail

Florida Single Family Homes June 2017 Market Detail

The Florida Single Family Homes Market Detail for June 2017 continues to improve as compared to last June.  Closed sales were up by 4.3% (were up by 7.6% in May) and new sales under contract (new pending sales) were up by 2.2% (were up by 5.0% in May).

Both the median and average sales prices continued to rise when compared to last year.  Up by 8.9% and 7.3% respectively, compared to May’s 7.7% and 8.3%.

The inventory of available homes for sale fell by 3.1% from last year.  For June there was a 3.9 months supply of inventory as Florida remains in a sellers’ market with the advantage for sellers. (June of 2016 had a 4.1 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory is once again decreasing which continues to put pressure on rising prices and sales.

June 2017 Florida Single Family Homes Market Report

Click here to view or download the full report:

Florida Single Family Homes June 2017 Market Detail

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.

Florida Single Family Homes June 2017 Market Detail

Summerfield Real Estate Market Report July 2017

Summerfield Real Estate Market Report July 2017

As of July 2017, there are 4 homes on the market in Summerfield ranging in listing price from $317,500 up to $362,000 for an average list price of $343,563 which equals $178.29 per square foot of living area.

There are 4 homes under contract (pending) awaiting their closing. Listing prices are from $299,900 up to $379,990 for an average list price of $338,095 which equates to $163.82 per square foot of living area. These homes averaged 74 days on the market prior to receiving an accepted offer.

In the past 12 months, 34 homes have sold.  Sales prices ranged from $296,000 to $395,000 for an average sales price of $352,545 which equals $176.71 per square foot of living area.  The average days on market for these sales was 56 days and the average list to sales price was at 97%.

About Summerfield Home of the Champions Golf Club:

Summerfield

Summerfield is located on over 275 acres and hosts a little over 500 single family homes adjoining the Champions Golf Course.  Selected as one of the top 10 Golf Courses he nation by Golf Magazine in 1995, it is the first public golf course awarded the Audubon Signature Sanctuary Statuary because of its natural beauty.  This Tom Fazio designed course is open to the public with very reasonable membership fees.  Visit the Champions Course web site for more information at http://www.thechampionsgolfclub.com/

the Champions Club at Summerfield

The residential section is known as Summerfield and is a secured gated community with homes ranging in size from smaller 2 bedroom coach homes of around 1500 square feet up to 5 bedroom estate homes boasting over 3,000 square feet of living area.

Summerfield

Summerfield boasts an exceptionally large community pool and clubhouse with dining and entertainment facilities, fitness center and a professional 6 court Tennis club.  All of these amenities available at very reasonable HOA fees, along with the convenience of on-site manager to handle any issues that may arise.

the Champions Club at Summerfield

Very conveniently located near US-1 and Cove Rd, residents can enjoy close proximity to shopping, medical facilities with downtown Stuart only minutes away and only 30 minutes to the palm Beaches.  Easy access to I-95 where travel to Orlando or Miami is only 2 hours by car.

Summerfield

The following homes are currently available for sale in Summerfield:

Summerfield Homes for Sale

Stuart Florida Real Estate

Summerfield Real Estate Market Report July 2017

The Florida Club July 2017 Market Report

The Florida Club July 2017 Market Report

Stuart, Florida

As of July 2017, there are 6 Florida Club homes for sale.  List prices range from $264,900 up to $449,000 for an average list price of $377,869 which works out to $183.55 per sq. ft. of living area.

There are 4 homes under contract awaiting the completion of their sales.  List prices ranged from $364,900 to $524,900 for an average list price of  $433,425 or $183.31 per sq. ft of living area.  These homes averaged 49 days on the market before going under contract.

In the past 12 months, 36 homes have sold in the Florida Club with sales prices ranging from $237,500 to $482,000 for an average sales price of $342,447 which equals $167.11 per square foot of living area.  The average days on market was 99 days with a 97% list to sales price ratio.

About the Florida Club:

Conveniently located at the gateway to Stuart, Florida and Martin County, the Florida Club is a DiVosta built golf club community located off Kanner Highway and within minutes of I-95. This non-equity golf club community consists of 433 homes.  113 homes in the estates section of the Florida Club featuring larger lots and spacious estate sized homes.  Many with both lake or golf course views and a few with both.  The remaining Florida Club homes feature either single family or attached one story villas, many also with golf course and/or lake views.  Residents of the Florida Club can enjoy daily golf or if the wish can forgo being a member and just enjoy the benefits of living in a wonderful gated community without the expense of golf club membership.  Additionally for those wishing to play only occasional (or just seasonal) golf, the Florida Club is open for non-members.

Perfect for anyone who wants the convenience of easy access to I-95 with Palm Beach, Fort Lauderdale and Miami, just a quick trip to the south and Orlando to the north. Yet still only minutes to the wonderful Atlantic Beaches of both Stuart or Hobe Sound and Jupiter Island.

The Martin County location ensures low property taxes and ‘A’ rated school system. Enjoy the Florida sunshine and all that this friendly neighborhood has to offer.

For more information about golf at the Florida Club July 2017 Market Report please visit their web site: Florida Club Web Site and watch their welcome video below:

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Stuart Florida Real Estate is presented by:
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The Florida Club July 2017 Market Report

Sewalls Point Single Family Market Report June 2017

Sewalls Point Single Family Market Report June 2017

Sewalls Point Real Estate Snapshot, Residential Sales for June 2017

 

There are currently 57 active listings (Down by 3 homes from last month)

Sewalls Point Single Family Market Report June 2017

14 home sales are pending and awaiting close or lender approval (Decreased by 8 homes from May)

Sewalls Point Single Family Market Report June 2017

16 Homes sold in May (Increased by 7 homes sales from May)

Sewalls Point Single Family Market Report June 2017

The single family real estate market in Sewalls Point contined to show very positive results for June.  Sales were the best in a number of years and while the pending numbers were down for the month, they still are quite good.

The absorption rate plunged to 3.6 months, in May it was 6.7 months.  For the first time in years, a strong sellers market for Sewalls Point single family homes.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to June 2016, the inventory was 76 homes on the market, 5 pending sales and there were 10 closed sales.  Considerably better activity this year and with reduced inventory.

Sewalls Point Single Family Market Report June 2017

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Sewalls Point Single Family Market Report June 2017

 

Murano Homes July 2017 Housing Market Report

Murano Homes July 2017 Housing Market Report

Palm City Florida Real Estate

Murano in Palm City Florida
There are currently 2 homes on the MLS in Murano with prices of $329,000 to $329,900. This equals an average list price of $329,450 or $148.29 per sq. ft. of living area.
There is 1 home under contract at this time in the Murano subdivision of Palm City, FL. This home was listed for $337,000 or $122.95 per sq. ft. of living area.  This offer was accepted for this home 108 days after being listed.
In the past year, 8 homes have sold in Murano with sales prices ranging from $259,000 to $329,000 for an average sales price of $301,000 which equals $133.38 per sq. ft. of living area.  The average days on market before going under contract was 35 and the list to sales price ratio was 97%..
Murano Homes in Palm City FLConveniently located off of martin Downs Blvd and Sunset Trail, Murano is a new home community with 110 homes. Originally developed by Home Dynamics with homes built in 2007 and later this community was taken over by D. R. Horton with building resuming in 2011 to the present. Murano homes range from two story 5 Bedroom 4 bathroom homes of 0ver 3,200 sq. ft. to single story 2 Bedroom, 2 bath homes of just over 1,700 sq. ft.

This is a very family friendly neighborhood close to schools, shopping and Florida’s Turnpike for commuters. There is a community pool and low HOA fees of approximately $123 per month (as of July 2017).

There may be a few new D. R. Horton homes available for sale, but this community is just about sold out so call us for details.

  • For the D.R. Horton homes, highlights include:
  • Choice of 5 NEW Floor plans
  • GE Appliance Package
  • Various home sites available including lakefront
  • Community Swimming Pool and Cabana
  • Top Rated Palm City Schools
  • Easy commute via I-95 or Florida Turnpike
  • Close proximity to area recreation including beaches, parks, boating, fishing and all types of water sports
  • Shopping, entertainment and restaurants are all nearby.

Murano Homes in palm City Florida

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Murano Homes for Sale

Palm City Florida Real Estate is presented by:
the Gabe Sanders real estate team

Murano Homes July 2017 Housing Market Report

 

Sunset Trace Palm City June 2017 Market Report

Sunset Trace Palm City June 2017 Market Report

As of June 2017, there are 4 active townhomes for sale in Sunset Trace.  List prices range from $137,000 up to $165,900 which works out to an average list price of  S149,225 or $116.03 per square foot of living area.

There are also 4 homes under contract and awaiting settlement.  The listing prices range from $145,900 up to $184,900 for an average list price of $162,950 which equals $120.51 per sq. ft. of living area.  These homes were on the market for an average of 48 days prior to going under contract.

In the past 12 months, 24 homes have sold in Sunset Trace.  Sales prices ranged from $96,439 to $151,000 for an average sales price of $135,331 which equals $104.11 per sq. ft. of living area.  These homes sold for an average of 97% of their final list price and went under contract in an average of 14 days of being on the market.

 About Sunset Trace in Palm City FL:

Just across the street from the Martin Downs Golf Club lies the gated community of Sunset Trace in Palm City, FL.  Conveniently located close to Florida’s Turnpike as well as shopping, restaurants and medical facilities.  And only a 15 minute ride to the pristine waters of the Atlantic Ocean and the numerous waterways and boating facilities available in Martin County, FL.

Sunset Trace is a DiVosta community of approximately 500 residences.  There are four types of homes in this community:   DiVosta quad townhomes which feature 2 Bedrooms and 2 and ½ bathrooms with 1,236 sq. ft. of living area; Stamford models, also four townhomes to a building featuring 2 Bedrooms and 2 and ½ bathrooms with 1,1374 sq. ft. of living area; Wellesley models have 3 Bedrooms and 2 Bathrooms in 1,295 sq. ft. and finally, the Villas in Sunset Trace offer attached single family homes with 3 Bedrooms, 2 and ½ baths and a one car garage in 1346 square feet of living area.

Sunset Trace was developed and built from 1984 to 1988.  It features two community pools, three tennis courts, outdoor racquet and/or handball courts and a full-size basketball court.  There’s a playground for the little ones as well.  This is a lushly landscaped community with a number of lakes and ponds on the grounds making for some great water views.

All ages are welcome in Sunset Trace and children attend Citrus Grove Elementary SchoolHidden Oaks Middle School and Martin County High School.  The HOA fees run $305 per month, but include exterior and hurricane insurance, basic cable TV, Lawn and Landscaping, pest control and security.  Making life in Sunset Trace easy and carefree.

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Sunset Trace Villas and Townhomes for Sale

Sunset Trace Palm City June 2017 Market Report