Search Results for: st lucie county market report

Florida Townhouses and Condos August 2019 Market Report

10.03.19 by

Florida Townhouses and Condos August 2019 Market Report

The August Florida Townhouses and Condos Market Report had a slightly less active month for sales when compared to last August.  Closed sales were down by 2.9% as compared to last month’s increase of 4.3% and new sales under contract (new pending sales) decreased by 1.4% (In July there was a 3.3% increase).

Prices, though, were up for August.  The median sales price was up by 2.7% (was up by 4.4% in July), while the average sales price increased by 3.1% (was up 4.1% in July).

The inventory of active listings increased by 0.5% from August of last year.  We now have 5.4 months of inventory as compared to 5.3 months for August 2018.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos August 2019 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos August 2019 Market Report

View previous Florida townhouses and condo market reports by clicking this link.

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 August 2019 Market Report

10.02.19 by

Florida Single Family Homes August 2019 Market Report

The Florida Single Family Home sales showed improved activity from the same period last year, though.  The closed sales were up by 3.2% (were down by 10.4% in July) and new sales under contract (new pending sales) were up by 1.3% (were up by 7.4% in July).

Prices were also up for August.  The median sales price rose by 4.2% (it was up by 5.1% in July) and the average sales price was up by 3.2% (it was up by 6.3% last month).

The inventory of available homes for sale decreased by 5.1% from last year.  This is a 3.6 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (August 2018 also had a 4.0 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 continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes August 2019 Market Report

Click here to view or download the full report:
Florida Single Family Homes August 2019 Market Report

Click here to view the previous Florida single-family homes market reports.

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.

Hobe Sound FL 33455 Condo Market Report August 2019

10.01.19 by

Hobe Sound FL 33455 Condo Market Report August 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2019

For August 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 9 active condo listings. (Down by 1 condo from July)

Hobe Sound FL 33455 Condo Market Report August 2019

6 Condos are pending and awaiting close. (Up by 1 condo from July)

Hobe Sound FL 33455 Condo Market Report August 2019

5 Condos sold in August. (Up by 2 condos from July)

Hobe Sound FL 33455 Condo Market Report August 2019

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  It is difficult to track such small numbers though this market remains quite active.

The absorption rate for Hobe Sound condos was 1.8 months for August (it was 3.3 months for July).  Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes in percentages that do not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The August 2018 numbers were: 4 active listings, 4 pending sales, and 4 closed sales.  It’s difficult to make meaningful comparisons with last year when there’s such a small sampling of condos in Hobe Sound.   Though, there was some increased activity this year.

Hobe Sound FL 33455 Condo Market Report August 2019

Are you interested in the value of your Hobe Sound FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Hobe Sound FL 33455 Condo Market Report August 2019

Hobe Sound FL 33455 Residential Market Report August 2019

09.30.19 by

Hobe Sound FL 33455 Residential Market Report August 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for August 2019

There are currently 190 active listings. (Down by 5 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2019

67 Residential sales are pending and awaiting close  (Down by 9 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2019

47 Homes Sold in August (Up by 9 homes from last month)

Hobe Sound FL 33455 Residential Market Report August 2019

The Hobe Sound Florida Market Report ZIP Code 33455 continues to be a strong and active residential real estate market even though the activity has moderated a bit in the past two months.

The current absorption rate for the Hobe Sound residential market dropped to 4.0 months (It was 5.1 months in July).  Remaining as a strong seller’s market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for August 2018 were: 172 active listings, 81 pending sales, and 37 closed sales.  A better number of closed sales this year while pending sales were stronger last year on a reduced number of homes for sale.

Hobe Sound FL 33455 Residential Market Report August 2019

Click here to view the previous Hobe Sound condo market reports

Are you interested in the value of your Hobe Sound FL Home?
Click on this link and fill out the form for an accurate personal evaluation

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

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Hobe Sound FL 33455 Residential Market Report August 2019

Renar River Place Condos September 2019 Market Report

09.30.19 by

Renar River Place Condos September 2019 Market Report

For September 2019 there is only 1 condo for sale in Renar River Place in downtown Jensen Beach FL.  The list price is $425,000 or $175.62 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 4 condos have sold in Renar River Place.  Sales prices ranged from $280,000 up to $360,000.  This is an average sales price of $316,250 which is $197.60 per sq. ft. of living area.  These condos were on the market for an average of 271 days before going under contract and sold for 97% of list price.

View previous Renar River Place market reports here

About Renar River Place in Downtown Jensen Beach FL:

Renar River Place in Downtown Jensen Beach FL

One of the few newer condo communities in Martin County.  Renar River Place boasts spacious condos overlooking the Intracoastal Water Way (Indian River) right at the base of the Jensen Beach roundabout and causeway to Hutchinson Island.  There are also some townhouse-style condos associated with this complex along with a limited amount of commercial space, making this the perfect work and live destination.

Renar River Place in Downtown Jensen Beach FL

Renar River Place is in a great location within an easy walk to all of the quaint shops and restaurants of Jensen Beach.  HOA fees vary by the size of the condo and location, so please call us for the latest cost.  This community is open to all ages and pets are also welcomed.  For those wishing to use this location as an investment, liberal rental rules will allow some excellent returns.

Renar River Place in Downtown Jensen Beach FL

Search here for Renar River Place Condos for sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Renar River Place Condos September 2019 Market Report

Palm Cove Golf and Yacht Club September 2019 Market Report

09.29.19 by

Palm Cove Golf and Yacht Club September 2019 Market Report

There are currently 10 properties actively listed in Palm Cove Yacht and Golf Club for September 2019 in Palm City, Florida.  List prices range from a low of $335,000 up to $1,899,900.  The average list price is $783,160 which works out to $203.74 per square foot of living area.

There are 2 homes currently under contract.  The list prices were $479,000 and $599,900.  This equals an average list price of $539,450 or $167.44 per square foot of living area.  These homes averaged 249 days on the market before going under contract.

In the past 12 months, 13 homes have sold in Palm Cove with sales prices from $260,000 up to $880,000.  This is an average sales price of $528,338 or $174.44 per square foot of living area.  These homes were on the market for an average of 108 days prior to going under contract and sales prices averaged 97% of the list price

View previous Palm Cove market reports here

About the Palm Cove Yacht and Golf Club:

The Palm Cove Golf and Yacht Club in Palm City Florida include 206 residences, ranging from spacious condos with garages to townhomes, fairway homes to multi-million dollar waterfront homes on the shores of the north fork of the wide Saint Lucie River.

This magnificent community boasts a championship Chi Chi Rodrigues designed golf course. Memberships are available to both residents and non-residents and membership is not mandatory.  In addition to golf, boaters enjoy a 93 slip deep water marina with docks available for over 50’ vessels.

There’s a magnificent clubhouse located riverside by the marina.  Residents enjoy 24-hour security from the manned gated entrance.  The Palm Cove Golf and Yacht Club is separated into two main sections.  Fairway homes are on the south side of Mapp Road with the entrance across the main entrance to Palm Cove and is controlled by remote from the main security gate.

More information about Palm Cove:

In the main section, are the estate homes, town-homes at Island creek as well as the condos at ‘the Links’.   Homes range from 1500 sq. ft. town-homes with 2 bedrooms, 2 bathrooms, and 2 car garages all the way up to 6,000 sq. ft. plus waterfront residences with 5 bedrooms, office, 6 and ½ bathrooms and 3 car garages.  Homeowner Association (HOA) fees vary from section to section.  The estate homes run approximately $450 per month, while in the fairways section they are around $550 per month, but include landscaping.  For a complete list of fees, please give us a call.

Palm Cove families enjoy a quiet secluded lifestyle yet are close to shopping, restaurants and the beaches of Martin County.  Children attend an ‘A’ rated Martin County school system to the following schools:  Bessey Creek elementary, Hidden Oaks middle and Martin County High.

Currently, these homes are available for sale in the Palm Cove Golf and Yacht Club

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

Palm City Florida Real Estate

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

Palm Cove Golf and Yacht Club September 2019 Market Report

Sandpebble Condos Hutchinson Island September 2019 Market Report

09.29.19 by

Sandpebble Condos Hutchinson Island September 2019 Market Report

September 2019 Market Update for the Sandpebble Condo and Beach Club on Hutchinson Island in Stuart, Florida:

There are currently no condos available for sale in Sandpebble.

There are 3 Sandpebble condos currently under contract.  The list prices ranged from $315,000 up to $425,000.  This is an average list price of $388,333 or $296.44 per sq. ft. of living area.  These condos went under contract in an average of 101 days after being listed.

In the past 12 months, 9 Sandpebble condos have sold.  Sales prices ranged from $220,000 to $330,000.  This is an average sales price of $301,333 which works out to $274.84 per sq. ft. of living area.  These sales averaged 95% of list price and went under contract after an average of 62 days on the market.

View previous Sandpebble condo market reports here.

About the Sandpebble Condos on Hutchinson Island in Stuart FL:

Sandpebble Condos on Hutchinson Island in Stuart FL


On the beautiful and unspoiled portion of South Hutchinson Island lies one of the best-kept secrets in Martin County.  Located on a pristine 37 acres that reach from the Atlantic Ocean to the Indian River (Intracoastal Waterway).

Sandpebble Condos consist of 3 Ocean Front Buildings and 7 River Front buildings.  A total of 5 heated pools (3 riverside and 2 ocean side), along with deep water docks for 66 vessels.    Docks are available to residents only on a first come first served basis and are available for lease at a very reasonable $1.50 per foot per month.

Sandpebble Condos on Hutchinson Island in Stuart FL


On the spacious grounds, there is plenty of green space for outdoor activities, two hard court tennis courts and a fully-equipped clubhouse with kitchen and on-site management.  Both Oceanside and riverside sections are gated for secured entry only.  Residents have the use of both the river and Oceanside sections regardless of the location of their own units.

Hutchinson Island Condos in Sandpebble, Stuart, Florida

Construction of the Sandpebble complex began in 1982.  Recently all buildings were completely refurbished with metal roofs.  Other renovations included Hardi-Plank replacement for exterior wood surfaces, complete concrete (re-bar) restoration.  Also completed were the installation of a bulkhead protecting and enhancing the river-side property and structures, updated landscaping and the painting of all the buildings.

Sandpebble Condo on Hutchinson Island

the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Search the MLS for Sandpebble Condos

Sandpebble Condos Hutchinson Island September 2019 Market Report

Westwood Country Estates September 2019 Market Report

09.28.19 by

Westwood Country Estates September 2019 Market Report

As of September 2019, there are 2 homes available to purchase in Westwood Country Estates in Palm City, FL.  The list prices are $625,000 and $768,000.  This is an average of $696,500 or $179.44 per sq. ft. of living area.

There are no homes currently under contract (pending sale).

There have been 5 homes sold in the past 12 months in Westwood Country Estates.  Sales prices ranged from $440,000 up to $675,000.  This works out to an average sales price of $542,600 which is equal to $188.04 per sq. ft. of living area.  This sales averaged 95% of list price and went under contract in an average of 30 days after going on the market.

View previous Westwood Country Estates market reports here

About Westwood Country Estates in Palm City Florida:

Westwood Country Estates in Palm City Florida

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

Westwood Country Estates

There are only 77 homes in Westwood Country Estates in Palm City Florida.  Homeowner association fees are a very reasonable $375 per year.

Westwood Country Estates in Palm City Florida

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

Westwood Country Estates in Palm City Florida

Westwood Country Estates Homes for Sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Westwood Country Estates September 2019 Market Report

de la Bahia Waterfront Condos September 2019 Market Report

09.28.19 by

de la Bahia Waterfront Condos September 2019 Market Report

For September 2019 there are 9 condos available for sale in de la Bahia.  These condos range in price from $119,900 up to $199,900.  This is an average list price of $157,656 which equals $195.77 per sq. ft. of living area.

There are 2 condos currently under contract.  List prices were $135,900 and $149,900.  This is an average list price of $142,900 or $190.60 per sq. ft. of living area.  These condos were on the market for an average of 209 days prior to going under contract.

In the last 12 months, 17 condos have sold.  Sales prices ranged from $94,000 up to $218,000.  The average sales price was $138,841 which works out to $167.26 per sq. ft. of living area.  These condos sold for an average of 92% of list price and went under contract in an average of 93 days on the market.

View older de la Bahia waterfront condos market reports here

About the de la Bahia Waterfront Condos:

de la Bahia Waterfront Condos

The de la Bahia condo complex is located on Kanner Hwy just west of Monterey Road in Stuart which is in Martin County, Florida. This waterfront 55+ boating community lies on the shore of the south fork of the Saint Lucie River which also becomes the Okeechobee Waterway as it goes west.

de la Bahia Waterfront Condos

The condos consist of 1 bedroom 1 and 1/2 bath, 2 bedroom 1 and 1/2 bath and 2 bedroom 2 bath condos.  Condo fees run from $223 to $340 per month depending on the size of the condo.  These fees include Cable, Common Areas, Grounds / Plants, Insurance-Bldg, Lawn Care, Maintenance Exterior, Reserve Funds, Roof Maintenance, Sewer, Trash Removal and Water.

de la Bahia Waterfront Condos

This prime location is approximately 40 minutes North of West Palm Beach, and 100 miles north of Miami. Very conveniently located near many restaurants, stores, and medical facilities.

de la Bahia Waterfront Condos

The de la Bahia condominium complex is made up of 303 attractive and desirable residences.  231 docks, a pool, a clubhouse, shuffleboard courts, and a yacht club for the residents. The very desirable marina is for the use of residents only and most condos have a deeded dock.  Rental charges for the use of docks are not allowed, so there won’t be any additional charges for those wishing to use another owner’s dock.

de la Bahia Waterfront Condos

Additional de la Bahia information:

There’s a very active winter season, which normally includes two dinner dances a month, golf and bowling leagues, bingo, euchre, bridge, exercise class, knitting & stitching. The pool is heated and is a great place to meet people, swim, sunbathe, or even join in playing a board game of your choice. And the library has a good selection of books to read if you prefer to enjoy a quiet peaceful afternoon.

The Yacht Club has monthly meetings with a guest speaker, raft-ups, picnics, luncheon cruises, gambling cruises, and two socials.  In the past few years, the association has sponsored a 3 to 5-day cruise in January. Membership is open to de la Bahia renters and owners only.  Boat ownership is not required and dues are very reasonable.

Click here to see the available condos for sale in de la Bahia

de la Bahia Waterfront Condos September 2019 Market Report

Stuart FL 34997 Condo Market Report August 2019

09.27.19 by

Stuart FL 34997 Condo Market Report August 2019

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for August 2019

There are currently 48 active condo listings (Up by 4 condos from July).

Stuart FL 34997 Condo Market Report August 2019

20 Condo sales are pending and awaiting close (Unchanged from July).

Stuart FL 34997 Condo Market Report August 2019

7 Condos Sold in August (Down by 9 condos from July).

Stuart FL 34997 Condo Market Report August 2019

      The Stuart FL condo market for zip code 34997 indicated a slower-paced sales activity for August when compared to last month.  Probably into a more sustainable real estate market as compared to the superheated activity of last month.

     The absorption rate climbed to 6.9 months in August compared to 2.8 months for July.  Transitioning back into a balanced market for condos in the 34997 zip code of Stuart FL.  A 6 to 7-month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The August 2018 numbers were: 36 active listings, 25 pending sales, and 12 closed sales.  Considerably more active sales activity last year for this condo segment in Stuart FL

Stuart FL 34997 Condo Market Report August 2019

To make informed decisions about Stuart FL condo real estate it’s a good idea to be familiar with the market.  Click here to view the previous Stuart FL 34997 condo market reports

Stuart Florida Real Estate presented by:
Gabe Sanders

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34997 Condo Market Report August 2019

Stuart FL 34997 Residential Market Report August 2019

09.26.19 by

Stuart FL 34997 Residential Market Report August 2019

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for August 2019

For August 2019 in the 34997 Zip Code area of Stuart, Florida:

There are currently 274 active listings (Decreased by 39 home from July).

Stuart FL 34997 Residential Market Report August 2019 

139 Residential sales are pending and awaiting close or lender approval (Up by 12 homes from July). 

Stuart FL 34997 Residential Market Report August 2019 

79 Homes Sold in August (Decreased by 3 homes from July)

Stuart FL 34997 Residential Market Report August 2019

      The Stuart Florida Residential Market for ZIP Code 34997 remains as one of the most active segments of the Martin County residential real estate market.  For August 2019, our inventory dropped a bit and pending sales increased.  This is a good sign for continued strong activity in the near future.
     The absorption rate dipped to 3.5 months (was 3.8 months for July).  We are still in an extreme seller’s market for the 34997 zip code area of Stuart for August 2019.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2018 numbers for August, were: 262 active listings, 137 pending listings, and 88 closed sales.  Slightly slower closed sales activity on an increased inventory for this year as compared to last August.
Stuart FL 34997 Residential Market Report August 2019

Are you interested in the value of your Stuart FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34997 zip code area of Stuart FL

Search here for vacant land for sale in the 34997 zip code area of Stuart FL

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

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34997 Residential Market Report August 2019

Moon River Jensen Beach September 2019 Market Report

09.26.19 by

Moon River Jensen Beach September 2019 Market Report

For September 2019, there is one home for sale in Moon River on Hutchinson Island in Jensen Beach FL.  This home is listed for $469,000 or $194.53 per sq. ft. of living area.

There are no Moon River homes currently pending (under contract).

There has been only 1 home sale in the past 12 months in Moon River.  The sales price was $350,000 which equals $221.38 per sq. ft. of living area and this home sold for 96% of list price.  And, it was on the market for only 54 days before going under contract.

About Moon River in Jensen Beach Florida:

Moon River on Hutchinson Island in Jensen Beach

Moon River is a community of 51 attached and 3 detached homes that were built from 1998 to 2003. This is a gated waterfront community with ocean access docks as well as a community pool and clubhouse. Two tennis courts are also available and shared with the neighboring community of Fairwinds Cove.

Moon River in Jensen Beach on Hutchinson Island

Home sizes range from 3 Bedroom, 3 bathroom two-story homes with over 2.700 sq. ft. of living area down to 2 Bedroom, 2 bathroom, 1 story homes of just under 1,400 sq. ft. of living space. Most of these homes have 2 car garages with a few actually offering covered parking for up to 4 cars. 

Moon River in Jensen Beach on Hutchinson Island

This is a pet-friendly community allowing for up to two pets that are no larger than 50 lbs. HOA fees at the time of this post were $343 per month (payable quarterly). 

Moon River in Jensen Beach on Hutchinson Island

Moon River lies on the east side of the Jensen Beach Causeway in Martin County Florida. It’s only a short walk or bike ride to the public beach on the Atlantic Ocean. It’s also close to shopping, restaurants and the remaining wonderful amenities that Martin County has to offer.

Moon River in Jensen Beach on Hutchinson Island

Moon River is an excellent choice for both full-time residents and for those wishing to have their winter oasis away from the cold north.

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

Here are the currently available homes in Moon River in Jensen Beach

 For any questions you may have about September 2019 Market Report for Moon River in Jensen Beach, please call the Gabe Sanders BlueWater Realty team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

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

Moon River Jensen Beach September 2019 Market Report

Jensen Beach FL 34957 Condo Market Report August 2019

09.25.19 by

Jensen Beach FL 34957 Condo Market Report August 2019

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2019

There are currently 106 active listings. (Increased by 1 condo from July)

Jensen Beach FL 34957 Condo Market Report August 2019

34 Condo sales are pending and awaiting settlement. (Unchanged from July)

Jensen Beach FL 34957 Condo Market Report August 2019

25 Condos Sold (Down by 6 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2019

 The Jensen Beach FL 34957 Condo Market Report showed a small drop in closed sales for the month.  Though, this market remains quite strong and active.

The one-month absorption rate for the August 2019, Jensen Beach Florida Market Report ZIP Code 34957 rose to 4.2 months (from 3.4 months in July). Remaining in a seller’s market for Jensen Beach condos.  A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The August 2018 numbers were: 82 active listings, 37 pending sales, and 27 condos closed.  Very similar sales activity when compared to last year.  Though, we do have an increased number of condos available for sale this year.

Jensen Beach FL 34957 Condo Market Report August 2019

Click here to view the previous Jensen Beach condo market reports

Are you interested in the value of your Jensen Beach FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Jensen Beach FL 34957 Condo Market Report August 2019

Jensen Beach FL 34957 Residential Market Report August 2019

09.24.19 by

Jensen Beach FL 34957 Residential Market Report August 2019

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2019

 There are currently 197 active listings. (Up by 11 homes from last month)

Jensen Beach FL 34957 Residential Market Report August 2019

54 Residential sales are pending and awaiting close or lender approval. (Decreased by 27 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2019

43 Homes Sold (Up by 2 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2019

The Jensen Beach FL 34957 Residential Market had a big drop in pending sales for the month while maintaining a good volume of closed sales.  This market segment remains quite active and is a strong market.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 inched up to 4.6 months ( was 4.5 months in July).  Remaining in a seller’s market for Jensen Beach homes than last month.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The August 2018 numbers were: 162 active listings, 70 pending sales, and 45 home sales closed.  There was considerably better-pending sales activity last year while closed sales are almost the same on a greater inventory of available homes for sale.
Jensen Beach FL 34957 Residential Market Report August 2019
Are you interested in the value of your Jensen Beach FL Home?
Click on this link and fill out the form for an accurate personal evaluation

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

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Jensen Beach FL 34957 Residential Market Report August 2019

Bay Pointe September 2019 Market Report

09.24.19 by

Bay Pointe September 2019 Market Report

There are 3 homes currently for sale according to this Bay Pointe September 2019 market report in Palm City FL.  These homes are listed for sale from $849,000 up to $2,695,000.  This is an average list price of $1,478,000 which equals $289.51 per sq. ft. of living space.

There are no homes currently under contract in Bay Pointe.

In the past 12 months, 3 homes have sold in Bay Pointe in Palm City FL.  These homes sold for prices from $489,000up to $2,237,000.  This equals an average sales price of $1,307,000 which equals $343.03 per sq. ft. of living space.  These homes were on the market for an average of 209 days before going under contract and sold for an average of 93% of the list price.

About Bay Pointe in Palm City, Florida:

Bay Pointe Waterfront Homes in Palm City, Florida

Located next to Seagate Harbor and Lighthouse Pointe is the exclusive subdivision of Bay Pointe in Palm City Florida.  This exclusive gated waterfront subdivision boasts 23 homes and lots on the wide waters of the Saint Lucie River.  An additional 11 non-waterfront homes and homesites enjoy the amenities of this private community.  Even the non-waterfront homes have access to docks with a community pier located on the south side of the community.

Bay Pointe Waterfront Homes in Palm City, Florida

 

Bay Pointe waterfront in Palm City FL
Located with a large private preserve area to the south and west and enjoying magnificent wide water views to the east.  Only minutes to the wide Atlantic Ocean by boat and enjoying the amenities and low taxes of Martin County make Bay Pointe a wonderful place to call home.

Bay Pointe waterfront in Palm City FL
Close to parks, beaches, shopping and boasting the ‘A’ rated school system of Martin County.  Current school assignments for Bay Pointe are the Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.

Bay Pointe waterfront in Palm City FL

Bay Pointe waterfront in Palm City FL

Search for Bay Pointe Homes for Sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Bay Pointe September 2019 Market Report

Stuart FL 34996 Condo Market Report August 2019

09.23.19 by

Stuart FL 34996 Condo Market Report August 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for August 2019

There are currently 95 active condo listings (Down by 3 condos from last month).

42 Condo sales are pending and awaiting close or lender approval (Up by 8 condos from July).

15 Condos sold in August (Down by 16 condos from July) 

The Stuart FL 34996 Condo Market of Stuart showed a sizeable drop in closed sales for August.  Pending sales remain strong though and I believe some of the weakness in the closed sales may have been due to issues with Hurricane Dorian at the end of the month.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 jumped to 6.3 months from July’s 3.2 months. Bringing us into a balanced market for this segment of Martin County condos but not as extreme as last month.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for August 2018 were: 102 active listings, 37 pending sales, and 16 closed sales.  Very similar activity to last year for condos in the 34996 zip code area of Stuart.

Click here to view the previous Stuart FL condo market reports

 

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for condos for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Condo Market Report August 2019

The River Club September 2019 Market Report

09.23.19 by

The River Club September 2019 Market Report

As of September 2019, there are 3 condos for sale in the River Club.  These condos are listed from $170,000 up to  $245,000.  This is an average list price of $211,633 or $197.42 per sq. ft. of living area.

There are no River Club condos currently under contract.

In the past 12 months, 5 condos have sold in the River Club.  Sales prices ranged from $192,000 up to $260,000.  This is an average sales price of $230,850 which works out to $215.35 per sq. ft. of living area.  These condos sold for an average of 96% of the last list price and went under contract in an average of 89 days.

About The River Club of Martin County:

The River Club of Martin County in Jensen Beach FL

The River Club of Martin County is a waterfront condo community that was built between the years of 1978 and 1980.  There are 15 buildings with 188 total condos all of which are 2 bedroom and 2 bathrooms.  These are all two-story buildings.  There are two different floor plans with 1,220 and 1,072 sq. ft., of living areas.  Four of these buildings enjoy beautiful wide waterfront views of the Saint Lucie River.  The River Club has a 50 slip marina that is run by a separate dock association.  In order to own a slip in the River Club, one must be a condo owner.  Tenants and owners do have the opportunity to rent slips should they be available for lease.

Entrance to the River Club

Owners enjoy excellent amenities include a clubhouse with game room and kitchen facilities, a community pool, fitness room, shuffleboard courts, workshop, and cable TV and internet access (including wi-fi) included in the condo fees.  The condo fees as of May 2019 are $326 a month.

Sunset from the River Club

All ages are welcome in the River Club but no pets are allowed.  And, rentals are allowed with some restrictions as to duration and length of unit ownership.  No commercial vehicles or motorcycles are allowed, but pickup trucks with covers are permitted.

Community Pool of the River Club

The River Club is a great choice for those looking for an affordable condo community with deep water docks and fishing as well as a full complement of amenities.  We don’t think you will be disappointed.

fountain of the the River Club

Search here for any River Club condos for sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida you can select this link.

The River Club September 2019 Market Report

Banyan House Stuart FL September 2019 Market Report

09.21.19 by

Banyan House Stuart FL September 2019 Market Report

There are currently 3 condos for sale in the Banyan House condos in Stuart FL.  List prices range from $149,900 up to $164,500.   This is an average list price of $156,300 which is $114.09 per sq. ft. of living area.

There is 1 condo currently under contract.  The list price was $155,000 or $113.14 per sq. ft. of living area.  This condo was on the market for 64 days prior to going under contract.

In the past 12 months, only 1  Banyan House condo has sold.  This condo sold for $184,900 which works out to $134.96 per sq. ft. of living area.  This condo was on the market for 54 days before going under contract and sold for 100% of list price.

About the Banyan House Condos in Stuart FL:

Banyan House Condos in Stuart FL

Located on Saint Lucie Blvd in Stuart, FL, these condos are close to the Martin County Community Golf Club as well as the beaches and downtown Stuart.  This complex was completed in 1980 and consists of 64 2 bedroom, 2 bathroom condos on either the first or second floor of these 4 identical 2 story buildings.

Banyan House Condos in Stuart FL

The Banyan House complex residents enjoy a heated pool and 2 tennis courts and a clubhouse as their amenities.  All ages are welcome and up to 1 medium sized pet is also allowed.   Rentals are also allowed with some restrictions.  For 2018, the association fees are $427 per month.  These fees include basic cable TV, landscape service, building insurance and maintenance, water and sewer, trash pickup, reserves and management services.

Banyan House Condos in Stuart FL

Children living in Banyan House currently attend the JD Parker elementary school, Stuart middle school and the Jensen Beach high school.

Banyan House Condos in Stuart FL

These Banyan House condos are much sought after because of their excellent location as well as being such a well-run and well-managed community.  Condos tend to sell very quickly when they come on the market.  Those interested in a Banyan House condo should contact us and be set up on a new listing notifier for this Stuart community.

Search here for any current listings in the Banyan House Condo Complex.

Banyan House Stuart FL September 2019 Market Report

Stuart FL 34996 Residential Market Report August 2019

09.20.19 by

Stuart FL 34996 Residential Market Report August 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for August 2019

There are currently 130 active listings (Decreased by 8 homes from July).

Stuart FL 34996 Condo Market Report August 2019 

25 Residential sales are pending and awaiting close (Up by 2 homes from July).

Stuart FL 34996 Condo Market Report August 2019

16 Homes Sold in August (Down by 4 homes from July).

Stuart FL 34996 Condo Market Report August 2019

The 34996 zip code area of the Stuart Florida residential real estate had a small drop in closed sales for this month when compared to last month.  Hopefully, this market will regain a bit of activity in the coming months.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for August rose to 8.1 months as compared to 6.9 months for last month.  Remaining in a seller’s market for this segment of the Martin County single-family real estate market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7-month absorption rate.

The numbers for August 2018 were: 130 active listings, 21 pending sales, and 10 closed sales.  Better market activity this year on an identical number of homes for sale (inventory).

Stuart FL 34996 Condo Market Report August 2019

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34996 zip code area of Stuart FL

Search here for vacant land for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Residential Market Report August 2019

Quail Meadow September 2019 Market Report

09.20.19 by

Quail Meadow September 2019 Market Report

There are no townhomes currently available for sale in Quail Meadow in the Martin Downs Country Club community of Palm City FL.

There are also no homes currently under contract.

In the past 12 months, there have been 3 Quail Meadow sales.  Sales prices ranged from $162,500 up to $240,000.  This is an average sales price of $209,833 which works out to $134.81 per sq. ft. of living area.  These townhomes averaged 38 days on market before going under contract. They sold for an average of 94% of list price.

About Quail Meadow in Martin Downs

Quail Meadow in Martin Downs in Palm City FL

Located in the beautiful Martin Downs Country Club, Quail Meadow consists of 84 townhome/villas.  These are spread out in 14 buildings with 6 attached units in each building.  Quail Meadow was completed in 1983 and represents its own subdivision within the Martin Downs Country Club.  Many of these homes enjoy beautiful lake and golf course views.

entrance to Quail Meadow in Martin Downs

All of these homes have a 1 car garage and some are single-story villas while others are two-story style townhouses.   Sizes range from 3 bedroom, 3 bathroom homes with 1,654 sq. ft. of living area down to 2 bedroom, 2 bathroom villas with 1,331 sq. ft.

front view of Quail Meadow in Martin Downs

The HOA fee is $308 per month. This includes a 24 manned security gate and security patrols, management fees, basic cable TV, common areas and exterior maintenance.   This is a pet-friendly community allowing up to two medium-sized pets per unit.  Rentals are also permitted with some restrictions as to frequency and duration.

Pond in Quail Meadow in Martin Downs

Residents of Quail Meadow have the option of joining the golf club in Martin Downs as well as the Martin Downs sports complex.  Or, they are free to just enjoy the great location which is very close to Florida’s Turnpike and I-95 and shopping, restaurants, professional offices, and medical facilities.

Click here to see if any Quail Meadow homes are available for sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Quail Meadow September 2019 Market Report