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Stuart, Florida – – Zip Code 34996 – Residential Market Report

Stuart, Florida – Zip Code 34996 – Market Report

Below you will find information that contains the latest Market Activity Report Single Family Homes and Town Homes for area code 34957 in Jensen Beach Florida.

Currently Active Listings 109
Pending with Contingencies 21
Pending Sales 4
Sold (Past 30 days) 9
Average Sales Price $547,322
High $2,550,000
Low $52,000

For more information, visit our website or call us at (772) 888-2885.

Martin County Residential Market Update

Below are the latest charts for Martin County Residential (Single Family) real estate statistics as reported by the Realtor Association of Martin County.

The Definition of Absorption Rate:
Number of weeks 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. The 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.

Our inventory continues to decline and prices have leveled off and in certain isolated neighborhoods have begun to rise. We may very well be past the bottom. Careful monitoring of future trend data will give us the answers.

the Gabe Sanders real estate team

Stuart Florida Real Estate

Residential Homes, Condos and Land

Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

January 2007 Market Update

Martin County escaped the slowdown in home sales experienced across the rest of the Treasure Coast during January, but not the continued slide in prices.

Realtors sold 93 homes, the same number as in January 2006, according to figures provided Tuesday by the Martin County Realtors Association. The median home price dropped to $296,000 from $310,000 between the two months, the association said.

Martin County’s report was a positive indictor for the market, said Jennifer Atkisson-Lovett, president of the Realtors Association of Martin County. “We are seeing our residential market begin to show signs of recovery as our number of pending sales are much better than 2006,” Atkisson-Lovett said. “We feel confident about the 2007 market as the pending sales have increased, and buyers are recognizing the outstanding values for investment that are abound in this market.”

Martin’s condominium market was mixed in January. There were 29 Realtor sales in that month versus 50 a year earlier, according to the association. The median price jumped, though, to $305,000 from $219,900 between the two months.

When lumped with the Port St. Lucie-Fort Pierce market, the housing market looked weaker. The Florida Association of Realtors said Tuesday that its members sold 252 existing single-family homes in that metropolitan area during January, down from 343 a year earlier. The median price dropped 8 percent to $241,000 from $261,500. Realtors sold 51 existing condos versus 62 in January 2005. The median price rose 6 percent to $225,000 between the two months.

“Basically, this shows that people listing their homes for sale are not marking them down to the proper market prices,” said Brad Hunter, director of the housing research firm Metrostudy in West Palm Beach. “At least there are still buyers in the market.”

Don Santos, past president of the Treasure Coast Builders Association and president of Santos Construction, said the numbers reflected that it’s still a buyer’s market. “I didn’t expect there would be a turnaround this month,” Santos said. “But I actually think the numbers are a good sign because we’re not seeing 30 percent and 35 percent drop-offs anymore. The bright side is a lot of consumers can really get good deals now.”

The West Palm Beach-Boca Raton area saw 496 sales of existing homes, down 15 percent from the 586 recorded during the same period last year. Prices dropped 1 percent to $388,000 from $393,700 last year.

Statewide, sales of single- family existing homes totaled 9, 382 last month compared to 12,906 homes sold in January 2006 for a 27 percent decrease.

Nationwide, The National Association of Realtors said sales of previously owned homes rose by 3 percent while the median price dropped to $210,600, a decline of 3.1 percent from a year ago.

Martin County Real Estate Update October 2015

Martin County Real Estate Update October 2015

Martin County Real Estate Update October 2015

“Florida Realtors® report that Martin County single family home sales showed double-digit appreciation in both median and average sale prices for the month of October. The average sale price of $434,249 is up 12.3% compared to October 2014, while the median is up 15.6%, reaching $314,500. Closed sales outpaced last year, too, and our inventory diminished to 1,162 homes, a 7.3% decrease from last year. For the sixth consecutive month, Martin County’s supply of inventory remained below 5 months and is down 18.4% compared to last year. All these figures are the hallmark of a seller’s market, so buyer beware and seek out the assistance of your local REALTOR® to help you navigate the unique challenges of this current real estate market,”

Martin County Real Estate Update October 2015

This Spacious Willoughby Golf Club Pool Home has Sold

This Spacious Willoughby Golf Club Pool Home has Sold

Please welcome the happy new owners of 3481 SE Doubleton Drive in the Willoughby Golf Club.

This Spacious Willoughby Golf Club Pool Home is Pending. It is an impeccably maintained, beautiful, and very spacious golf course home featuring 3 BR, 4 BA (plus cabana bath) with 2.5 car garage, with a screened heated pool and spa. Bright open spaces, high ceilings, an included entertainment system, custom built ins, wet bar, summer kitchen (grill included), office, electric hurricane shutters, immense storage and much, much more. Large lanai with ample room for casual or formal outdoor entertainment. Granite counters, updated appliances and a dual control wine cooler. There’s a one time $15,000 capitol contribution required for all new owners. Golf membership is not mandatory, social and tennis membership included in the HOA fees. Priced well below replacement cost and ready for immediate occupancy. Amazing value at $599,000

The Willoughby Golf Club consists of both estate and neighborhood homes totaling 375 single family residences on 403 acres. Willoughby Golf Club’s lifestyle offers a beautiful golf course, tennis courts, lap-lane pool and fitness center. Its spacious and newly refurbished clubhouse has several dining venues, hosts many charitable events and offers a variety of indoor and outdoor activities and 24 hour security. All this combined with a community of energetic caring members that has made Willoughby “one of the best places to live in Florida” according to Links Magazine.

Search the MLS for Willoughby Golf Club Homes for Sale

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

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

This Spacious Willoughby Golf Club Pool Home has Sold

Spacious Willoughby Golf Club Pool Home is Pending

Spacious Willoughby Golf Club Pool Home is Pending

We are under contract for 3481 SE Doubleton Drive in the Willoughby Golf Club.  Should be a smooth and quick close.

This Spacious Willoughby Golf Club Pool Home is Pending.  It is an impeccably maintained, beautiful, and very spacious golf course home featuring 3 BR, 4 BA (plus cabana bath) with 2.5 car garage, with a screened heated pool and spa. Bright open spaces, high ceilings, an included entertainment system, custom built ins, wet bar, summer kitchen (grill included), office, electric hurricane shutters, immense storage and much, much more. Large lanai with ample room for casual or formal outdoor entertainment. Granite counters, updated appliances and a dual control wine cooler. There’s a one time $15,000 capitol contribution required for all new owners. Golf membership is not mandatory, social and tennis membership included in the HOA fees. Priced well below replacement cost and ready for immediate occupancy. Amazing value at $599,000

The Willoughby Golf Club consists of both estate and neighborhood homes totaling 375 single family residences on 403 acres.  Willoughby Golf Club’s lifestyle offers a beautiful golf course, tennis courts, lap-lane pool and fitness center. Its spacious  and newly refurbished clubhouse has several dining venues, hosts many charitable events and offers a variety of indoor and outdoor activities and 24 hour security. All this combined with a community of energetic caring members that has made Willoughby “one of the best places to live in Florida” according to Links Magazine.

Search the MLS for Willoughby Golf Club Homes for Sale

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

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Spacious Willoughby Golf Club Pool Home is Pending

Lakeside Pool Home in Oak Ridge – Just SOLD!

Lakeside Pool Home in Oak Ridge – Just SOLD!

Palm City residents, welcome your proud new neighbors as they move into their just purchased Oak Ridge home courtesy of the Gabe Sanders real estate team of Premier Realty Group.

Discover the best value for the money for a 4 bedroom CBS lakefront pool home on a cul-de-sac with spa & towering ceilings located in a gated community with tennis courts, a clubhouse and a community boat ramp with ocean access!  Immediate/Quick closing … enjoy today’s low-interest rates and Palm City’s “A” rated schools!  A top-quality home that was previously owned by respected builder Doug Moline! You will fall in love with the 20ft high ceilings, choice lakefront location, beautiful wood staircase & huge screened porch!  This is Palm City’s best value!

Search for all Oak Ridge Homes for Sale

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

Lakeside Pool Home in Oak Ridge – Just SOLD!

Another Meadows Home in Palm City – SOLD

Another Meadows Home in Palm City – SOLD

Desirable Sun Terrace patio home in The Meadows. This well-kept home’s features include vaulted ceilings, a built-in “Divosta wall unit”, a newer A/C system, a newer fridge and range, and a huge screened patio. Nicely landscaped oversize lot.. The Meadows The Meadows is a guard-gated community with a heated pool, tennis courts and playground. Minutes to everything.

The Meadows at Martin Downs is a family-friendly 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.

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, a 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.

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.

 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 Home building (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 full-time support staff.

Search Homes for Sale in the Meadows

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

Palm City Florida Real Estate is presented by:

the Gabe Sanders real estate team

Another Meadows Home in Palm City – SOLD

Another Martin Crossing Home in Stuart has SOLD!

Another Martin Crossing Home in Stuart has SOLD!

Excellent value for this super nice move-in condition newer 3 Bedroom 2 bathroom and 1 car garage CBS home. Features include granite countertops, stainless steel kitchen appliances, maple wood cabinetry, washer & dryer, tiled main areas, brick paver driveway and barrel tiled roof.

One of the best-condition bank-owned properties available on the market today.

Located in the intimate, yet vibrant, city of Stuart near a variety of fine restaurants, cultural outlets and shopping.  Martins Crossing boasts a stunning variety of single-family homes and a section of private townhomes.

Community amenities include lush landscaping and private preserve views,  Martins Crossing Clubhouse with a sparkling resort-style pool, and deck, tennis courts and a playful tot lot.

Homes and townhomes are newer (circa 2004) and offer a wide variety of styles, sizes and options.  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.

Search for Martin Crossing Homes and Town Homes for Sale

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

Another Martin Crossing Home in Stuart has SOLD!

Q: Is buying a home the best investment?

Q: Is buying a home the best investment?

A:  Home buying is not always the best investmentis buying a home the best investment

Buying a home is often called the American dream. But for those who buy with a 3.5 percent down payment (or for those who can find it with no down payment at all), it can be a poor proposition.

A Harvard University study of home sales in Philadelphia, Boston, Denver, and Chicago found that sellers of low-priced homes lost money up to 40 percent of the time once transaction costs were included.

Economists at Wellesley College say whether home ownership is a good or bad investment often depends on the time of purchase. The odds of taking a loss are higher if the seller bought after home prices had already risen and if the buyer stayed in the home for only a few years.

Regular investing in stocks and bonds could be a better alternative. Returns on housing tend to be lower than returns on stocks. The risk of losing money is high when most of a family’s wealth is tied up in a single asset.

Some Factors to consider:

* When satisfactory rentals are not available, buying a family home could be the best option in any case.

* Owning a home can cost more than renting when house payments, taxes, insurance, and maintenance are considered.

* For those who don’t plan to stay in a home for seven years or more, the risk of losing money on a home sale is higher.

* Lower-income buyers may not benefit from the tax deduction for interest because their standard deduction is a better deal.

* Home-equity loans could mean little forced saving or equity building.

* Those who make a small down payment may pay higher mortgage interest rates and the cost of mortgage insurance.

Over time, buying a home can be a good wealth-building strategy. When housing prices rise, the owner benefits. But housing prices don’t rise very much in some areas, and many people don’t stay in a home long enough to build equity.

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