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Martin County Florida Residential Market Report for October 2011

11.20.11 by

Martin County Florida Residential Market Report for October 2011

Commentary:

The Martin County Florida residential market report for October 2011 shows some good strength when considering the season.  Sales were off only by 3 homes for a total of 113, almost identical to last year’s 114 single-family sales.  Surprisingly inventory was down by 6 homes from last month (which had a slight rise from August), and off by more than 450 homes since October of 2010 ( or by close to 30%)

The average sales price was up from last year, but down significantly from September.  This doesn’t necessarily reflect a decrease or increase in existing home prices, but more the mix of homes that sold in October.  As in previous tears, late fall sales tend to be of lower-priced homes.   This difference is much more tempered when looking at median prices as opposed to averages.  We will not be surprised to see inventory rising some in the next couple of months as well as having some soft sales volume as we enter the holiday season.  But, with inventory down, for now, rates very low, we may find the market outperforming expectations.

Our outlook for Martin County remains cautiously optimistic as prices and rates remain at historic low levels.  For sellers, homes are selling, and if priced and presented optimally, homes are selling fast and at or close to market value.

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

Residential Market Report for October 2011 in Martin County, Florida

Gabe Sanders

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!

Jammin’ Jensen in Jensen Beach, Florida

11.16.11 by

Jammin’ Jensen in Jensen Beach, Florida

If one were to ask any citizen of Jensen Beach what they loved most about their town, many would say the quiet charm of Martin County or the safety of raising children in an ‘A’ rated school community. While both these statements prove extraordinarily true no town is without a special flavor that adds to the uniqueness of its atmosphere. Here, for the locals, that extra kick can be held every Thursday in downtown Jensen Beach which holds their weekly Jammin’ Jensen festivities during which families, merchants, singles, musicians, and craftsmen join together to shop, chat, and have some fun.  

Jammin’ Jensen is held weekly on Thursdays from 6 p.m. to 10 p.m.  One local craftsman who sells jewelry and other impressive accessories proudly state he has been attending Jammin’ Jensen for over five years now. Though snowbirds and tourists from local hotels and beach resorts definitely help the flow of people he also adds that it is the “regulars” and locals that contribute a great deal to the success of Jammin’ Jensen.  Two women running their “Seashore Friends” business, selling “popcorn fashion and fine art”, agree. “It is the regulars”, one smiles over the sound of Bob Seger’s “Old Time Rockin’ Roll” playing by a local band across the street, ”that really add to Jammin’ Jensen, they make it fun!”  With families browsing trinkets at stands, couples dancing to the live bands, and friends laughing at local favorites like Craw Daddy’s, Jammin’ Jensen, located on Jensen Beach Boulevard’s charming downtown streets, is a must for anyone wanting to experience the full fun of Martin County and take part in its unique nightlife.  

Jammin’ Jensen in Jensen Beach, Florida

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

The Meadows Homes in Palm City, Florida

08.22.11 by

The Meadows Homes in Palm City, Florida

Wonderful gated community in the Martin Downs area of Palm City, Florida

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 a full-time support staff.

Search for the Meadows Homes for Sale

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

The Meadows Homes in Palm City, Florida

Coming Soon – Harbour Pointe Home for Sale in Palm City, Florida

07.17.11 by

Coming Soon – Harbour Pointe Home for Sale in Palm City, Florida

Wonderful opportunity to enjoy a newer 4 bedroom lakeside home in an upscale gated Palm City community. 2005 DiVosta concrete construction with over 3000 sq. ft. under air.

Spacious master suite upstairs with a connecting junior suite that can be a nursery, office, or a 5th bedroom.  Two additional bedrooms on the 2’nd floor (one oversized – and possible to split into 2 for a 6th BR). The utility room is conveniently located upstairs. Modern kitchen with breakfast bar and dining nook overlooking the screened lanai with hot tub (stays) all with serene lake views. 8′ doors throughout. Low HOA fees. An oversized garage can accommodate large vehicles or possibly a boat. It is conveniently located close to schools, public boat ramps, shopping and the turnpike.

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ABOUT HARBOUR POINTE:

Harbour Pointe is located in gorgeous Palm City.  This gated community features modern homes with open floor plans that have many of the amenities that home buyers have sought, with an ideal location that is the envy of many in Martin County!  Residents enjoy preserve and lake views in spacious custom-designed homes.  Harbour Pointe is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A’ rated schools of Martin County.  Close to shopping, restaurants as well as the beaches of Martin County as well as Harbor Pointe’s proximity to i-95 and Florida’s Turnpike makes it a commuters dream!

Search for Harbour Pointe Homes for Sale in Palm City Florida Real Estate
Palm City Florida Real Estate
is presented by:

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

Coming Soon – Harbour Pointe Home for Sale in Palm City, Florida

Stuart Florida Market Report ZIP Code 34996 – Residential, June 2011

07.14.11 by

Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34996, Residential Sales for June 2011

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

There are currently 167 active listings (down 13 from last month).

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

6 Homes Sold in May (down 2 from May).

For the second month in a row, sales of existing single-family homes dropped slightly in the 34996 zip code area of Stuart Florida.  Other market statistics are a bit more hopeful as the inventory is down again and pending sales also had a rise.  Considering the poor economic news during the month of June, this is not a bad result.  The market is ready for a turnaround when the economy can start its recovery.

Search here for Stuart Florida Real Estate for Sale

Stuart, FL Real Estate

Rental Properties

Residential Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

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

Market Report: Stuart Point, Florida Real Estate Snapshot for Zip Code 34996, Residential Sales for June 2011

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

Another Conquistador Condos for Sale in Stuart Florida, SOLD

06.07.11 by

Conquistador Condos for Sale in Stuart Florida, SOLD

Conquistador is an affordable Stuart treasure.  This unit has the best view of the St. Lucie River in the complex.  This third-floor suite has been recently updated; it is light and bright featuring a 2/2 split plan. Washer/Dryer connections are in place and it is a close walk to the clubhouse which has a new exercise room and an Olympic-size heated pool. The condo is close to beaches, shops, and medical facilities and is next to the 36-hole Martin County Public golf course. There are no pets allowed in this building. This lovely condo was just sold by the Gabe Sanders real estate team for $104,000.
Conquistador is the prime senior location in Stuart Florida. Located on the shores of the wide Saint Lucie River and only minutes from the beaches of the Atlantic Ocean as well as being right next door to the Martin County Municipal Golf Course with easy access to shopping, restaurants, and medical facilities.

Conquistador is a mix of single-family homes (the estates’ section) and 3 story condominiums. The condominiums have access to their own pool areas as well as barbecue areas or the main clubhouse pool.


This is a very active senior community with an active clubhouse with a fitness room, main ballroom, reading library and activities throughout the year. Conquistador is not just a seasonal residence as many owners enjoy the benefits of year-round living in fabulous Martin County with all the amenities that this jewel of the Treasure Coast has to offer.

Search for Conquistador Condos 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


Conquistador Condos for Sale in Stuart Florida, SOLD

Windemere Lakeside Home in Jensen Beach Florida – Sold

03.31.11 by

Windemere Lakeside Home in Jensen Beach Florida – Sold

This 1730 square foot single-family home has 3 bedrooms and 2.0 bathrooms. It is located at 883 NW Sassafras Ter. in Jensen Beach, Florida. This home is in the Martin County School District. The nearest schools are Felix A. Williams Elementary School, Stuart Middle School and Jensen Beach High School.

Search the MLS for Windemere Homes for Sale

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

Windemere Lakeside Home in Jensen Beach Florida – Sold

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

East Lake Village Home for Sale in Port Saint Lucie, Florida – Sold

03.22.11 by

East Lake Village Home for Sale in Port Saint Lucie, Florida – Sold

Near the heart of Port Saint Lucie’s newly developing Civic Center lies East Lake Village.  This is a wonderful and unique community that is within walking distance to shops and restaurants.  Only minutes from Port St Lucie’s Civic Center,  there’s culture and entertainment that’s right around the corner.  One will never be at a loss for interesting things to do.  East Lake Village is a wonderful new community with a mix of affordable single-family homes and townhomes.  Also, only minutes to the beautiful Atlantic Ocean, truly a great place to call home!

East Lake Village Home for Sale in Port Saint Lucie, Florida – Sold

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

Port Saint Lucie Florida Real Estate presented by:
the Gabe Sanders real estate team

Residential Market Report for January 2011 in Martin County, Florida

02.25.11 by

Residential Market Report for January 2011 in Martin County, Florida

Unlike the very strong December sales of single-family homes and townhomes in December 2010, January 2011 came in with a whimper.  Sales were down to 85 units as opposed to 148 in December.  Even prices sent mixed signals as the median price was down and the average price was up.  About the only good news was a continued small decrease in inventory.  Now down to 1787 units. Just above the low point in May of 2010 and Matching the Dec 2005 level.  The brutal winter up north might just bring more buyers for the remainder of this season.  Come back in the next few months to see the results.

Residential Market Report for December 2010 in Martin County, Florida

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

Palm Cove Golf and Yacht Club Home in Palm City, Florida – Sold

12.06.10 by


Palm Cove Golf and Yacht Club Home in Palm City, Florida – Sold

Extraordinary estate home in Palm Cove Golf & Yacht Club!  Spacious, single-level Toll Brothers’ home (Ciera model) which was the most popular model of all.  Offering  3651 sq. ft. of air-conditioned living area and a large screened pool area.  Spacious kitchen featuring stainless steel appliances, double ovens (convection), food pantry, butler’s pantry, desk, and granite countertops.  The kitchen opens to a large family room and informal eating area.  Sunlit office/den features views of the 3rd tee/fairway.  French doors off the master suite to the pool area.   Large walk-in closets with custom built-ins.  Golf memberships are available but not mandatory.  Fabulous riverfront Clubhouse and Deep Water Marina.

Search for all Palm Cove Golf and Yacht Club Homes in Palm City Real Estate

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

Palm Cove Golf and Yacht Club Home in Palm City, Florida – Sold

 

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

Residential Market Report for October 2010 in Martin County, Florida

11.22.10 by

Residential Market Report for October 2010 in Martin County, Florida

The Martin County Residential Market Reports sales data of single-family homes and townhomes as reported by the Realtor Association of Martin County.

Sales of residential units in Martin County remained basically unchanged from last month in volume while down from October of 2009 from 133 units to 114 units for this October.  The homeowners’ tax credit was in force and this certainly had an effect on the higher sales volume of last year..

Average sales prices took another dip this month while listing prices have risen slightly.  Inventory has basically remained unchanged from last year and with sales down the absorption rate is once again high ( almost 16 months) and at very unattractive levels. Barring any unforeseen external economic events, we are expecting a modest increase in sales volume after the holidays as the current buying environment is very positive with some of the best values available.  If there’s any hint of inflation and the corresponding increase in mortgage interest rates we expect a fairly strong increase in activity, unfortunately for sellers with no corresponding increase in prices.

Data compiled from the Realtor Association of Martin County

Residential Market Report for October 2010 in Martin County, Florida

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!

Residential Market Report for September 2010 in Martin County, Florida

10.26.10 by

Residential Market Report for September 2010 in Martin County, Florida

The Martin County Residential Market Reports sales data of single family homes and townhomes as reported by the Realtor Association of Martin County.

Sales of residential units in Martin County were sluggish for September with a small decrease in volume from August and a little larger decrease from last year.  Inventory which has risen for the past three months showed a small decline.

On a positive note, the average sales price has risen.  In a careful analysis of sales this rise is from the increased number of sales of higher end homes rather than increases in values of existing homes.  For the middle to lower end of our market, prices have stabilized for those homes that have been updated and presented well.

Data compiled from the Realtor Association of Martin County

Residential Market Report for September 2010 in Martin County, Florida

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 about Florida’s Treasure Coast Real Estate, visit our website or call us at (772) 888-2885.
Our market reports are here!

Market Report: Stuart, Florida Real Estate Residential Sales in Zip Code 34996

10.15.10 by
Market Report: Stuart, Florida Real Estate Sales
Zip Code 34996, Residential Sales for the Past 60 days

For the past 60 days, 7 homes have sold in the 34996 zip code area of Stuart, Florida.

There are currently 105 active listings.

15 Single family homes are pending and awaiting close.

Search here for Stuart Florida Homes for Sale

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

Market Report: Stuart, Florida Real Estate Sales
Zip Code 34996, Residential Sales for the Past 60 days

Residential Market Report for August 2010 in Martin County, Florida

09.24.10 by

Residential Market Report for August 2010 in Martin County, Florida

The Martin County Residential Market Reports sales data of single-family homes and townhomes as reported by the Realtor Association of Martin County.

Sales for single-family units in Martin County for August were down to 117 units as compared to July’s disappointing 145 units and last August’s 156 units.  It appears that we are seeing some reduced demand as a result of the end of the federal home buyer’s tax credit, a weak economy that has many would-be buyers (especially of second homes) nervous and waiting on the sidelines and also normal seasonal reduced activity.

After a fairly strong spring with stabilizing prices, it appears that both median and average prices took a slide in August reflecting the weaker demand and continued oversupply of available homes.  Unlike the Condo segment of the market, single-family home inventory has risen now for the fourth month in a row as those that were trying to time this market reacted to the strong spring sales, but as with most that try to time the market, have reacted a bit to slow and late.  Interest rates have also made some small increases of late that could further negatively affect the market.

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

Residential Market Report for August 2010 in Martin County, Florida

 

Conquistador Condos for Sale in Stuart Florida, SOLD

09.20.10 by

Conquistador Condos for Sale in Stuart Florida, SOLD

Nicely upgraded, updated 2/2 second-floor condo. Light & bright. Newer appliances. tile. Pet OK. Renting OK. Priced to sell at $75,000.
Conquistador is the prime senior location in Stuart Florida. Located on the shores of the wide Saint Lucie River and only minutes from the beaches of the Atlantic Ocean as well as being right next door to the Martin County Municipal Golf Course with easy access to shopping, restaurants, and medical facilities.

Conquistador is a mix of single-family homes (the estates’ section) and 3 story condominiums.  The condominiums have access to their own pool areas as well as barbecue areas or the main clubhouse pool.

This is a very active senior community with an active clubhouse with a fitness room, main ballroom, reading library and activities throughout the year. Conquistador is not just a seasonal residence as many owners enjoy the benefits of year-round living in fabulous Martin County with all the amenities that this jewel of the Treasure Coast has to offer.

Search for Conquistador Homes and Condos for Sale

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


Conquistador Condos for Sale in Stuart Florida, SOLD

Port Saint Lucie, Florida – Zip Code 34953 – Market Report

09.01.10 by

Port Saint Lucie, Florida – Zip Code 34953 – Market Report

Below you will find information that contains the latest Market Activity Report Single Family Homes and Town Homes for zip code  34953 in Port Saint Lucie, Florida.

Currently Active Listings 424
Pending with Contingencies 250
Pending Sales 150
Sold (Past 30 days) 92
Average Sales Price $103,320
High $850,000
Low $25,000

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

Port Saint Lucie, Florida – Zip Code 34953 – Market Report

Port Saint Lucie, Florida – Zip Code 34952 – Market Report

08.31.10 by

Port Saint Lucie, Florida – Zip Code 34952 – Market Report

Below you will find information that contains the latest Market Activity Report Single Family Homes and Town Homes for zip code  34952 in Port Saint Lucie, Florida.

Currently Active Listings 372
Pending with Contingencies 143
Pending Sales 42
Sold (Past 30 days) 46
Average Sales Price $89,454
High $210,000
Low $9,800
.
.

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 about Florida’s Treasure Coast Real Estate, visit us at:

Search the MLS for Free

Stuart Florida Real Estate

Now you can access the MLS using similar tools as Realtors. You are in control of what you want to search for, and you can search the MLS at your leisure. The information you submit in the form below can also be used to put you on an automated system where you’ll be emailed all homes that meet your search criteria. You’ll get internet access to a website that includes pictures, prices, and addresses to real estate that’s listed in the MLS!

Port Saint Lucie, Florida – Zip Code 34952 – Market Report

Hobe Sound, Florida – Zip Code 33455 – Market Report

08.30.10 by

Hobe Sound, Florida – Zip Code 33455 – Market Report

Below you will find information that contains the latest Market Activity Report Single Family Homes and Town Homes for zip code 33455 in Hobe Sound, Florida.

Currently Active Listings 323
Pending with Contingencies 41
Pending Sales 21
Sold (Past 30 days) 16
Average Sales Price $299,028
High $1,125,000
Low $31,500
Hobe Sound, Florida – Zip Code 33455 – Market Report

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

08.20.10 by

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

08.15.09 by

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