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Palm City FL 34990 Condo Market Report August 2019

09.19.19 by

Palm City FL 34990 Condo Market Report August 2019

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for August 2019

There are currently 80 active condo listings. (Increased by 3 condos from July)

Palm City FL 34990 Condo Market Report August 2019 

5 Condo sales are pending and awaiting close or lender approval. (Down by 3 condos from last month)

Palm City FL 34990 Condo Market Report August 2019

3 Condos Sold in August. (Unchanged from July)

Palm City FL 34990 Condo Market Report August 2019

The Palm City FL 34990 condo real estate market remains a fairly small segment of the Martin County condo market.  The sales activity in this market is challenging because of two condo communities with high equity and association fees that are currently not in favor with the general public.  Though, those who love golf, there are some incredible bargains in these communities.  August continued to display difficulties for this market.

The current absorption rate for condos in the 34990 zip rose to 26.7 months (was 25.7 months in July). Remaining in an extreme buyer’s market for Palm City condos.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The August 2018 numbers were: 76 active listings, 7 pending sales, and 7 closed sales.  There was somewhat better activity last year.
Palm City FL 34990 Condo Market Report August 2019
Are you interested in the value of your Palm City FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for condos for sale in the 34990 zip code area of Palm City FL

Palm City 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.

Palm City FL 34990 Condo Market Report August 2019

Galleon Bay September 2019 Market Report

09.19.19 by

Galleon Bay September 2019 Market Report

There are currently no homes for sale in the Galleon Bay community of Hutchinson Island in Stuart FL.   There is 1 lot for sale.  The list price is $1,300,000.

There are also no homes under contract in the Galleon Bay community.  There is a parcel of 17 lots known as Galleon On The River which is under contract.  The list price was $4,999,999.

In the past 12 months, no homes have sold.  The last sale took place in July 2016 with a sales price of $1,965,000 which equaled $365.65 per sq. ft. of living area.  This home was on the market for 238 days before going under contract and sold for 87% of the last list price.  There are two new homes under construction at the present time.

About Galleon Bay on Hutchinson Island:

Galleon Bay on Hutchinson Island

Oceanfront Homes in Martin County:

Galleon Bay on Hutchinson Island is an exclusive gated oceanfront community just north of the Stuart Causeway.  Very well located close to shopping as well as easy access to downtown Stuart. There are only 15 possible residences in this exclusive upscale community.

Galleon Bay on Hutchinson Island

All the homesites in Galleon Bay are spacious and allow for stunning estate homes.  Lot sizes vary from just under 1 acre to over 1 and ¼ acres.  There are still vacant lots in Galleon Bay waiting for a home to be built.

Galleon Bay on Hutchinson Island

Of the current homes in Galleon Bay, the smallest is over 5,000 sq. ft. of living area with 4 bedrooms and 5 bathrooms and the largest has more than 10,000 sq. ft. with 6 bedrooms and 9 bathrooms.

Galleon Bay on Hutchinson Island

For those wanting to ultimate in privacy and luxury, yet still, be close to all the wonderful amenities available to Martin County residents on the Treasure Coast of FL, Galleon Bay may be the perfect location for you.

Galleon Bay on Hutchinson Island

As of February 2019, the monthly HOA fees were $458.00

Check here for any possible homes for sale in Galleon Bay

Check here for any possible land for sale in Galleon Bay

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.

Galleon Bay September 2019 Market Report

Palm City FL 34990 Residential Market Report August 2019

09.18.19 by

Palm City FL 34990 Residential Market Report August 2019

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for August 2019

 There are currently 336 active listings (Down by 12 homes from July)

Palm City FL 34990 Residential Market Report August 2019

140 Residential sales are pending (Down by 14 homes from last month)

Palm City FL 34990 Residential Market Report August 2019

89 Homes Sold in September (Up by 26 homes from July)

Palm City FL 34990 Residential Market Report August 2019

The Palm City FL, zip code 34990 residential real estate market continues with very strong market activity.  We had a sizeable increase in sales this month and the pending sales also remain very strong.
The monthly absorption rate dropped to 3.8 months from 5.5 months in July.  Becoming an even stronger seller’s market for the Palm City zip code 34990 area, though approaching a balanced market.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The August 2018 numbers were:  361 active listings, 100 pending sales, and 96 closed sales.  With a lower number of available homes for sale this year, sales are pretty comparable and pending sales are much stronger than last year.

Palm City FL 34990 Residential Market Report August 2019

Click here to view the previous Palm City Florida residential market reports

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

Search here for homes for sale in the 34990 zip code area of Palm City FL

Search here for vacant land for sale in the 34994 zip code area of Palm City FL

Palm City 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.

Palm City FL 34990 Residential Market Report August 2019

Hammock Creek September 2019 Market Report

09.18.19 by

Hammock Creek September 2019 Market Report

There are currently 2 homes actively listed in Hammock Creek in Palm City, Florida.  The list prices are $409,000 and $473,500.  This is an average list price of $441,250 which is $196.38 per square foot of living area.

There are 7 homes currently under contract awaiting closing.  The list prices ranged from a low of $445,000 up to $575,000.  This is an average list price is $511,257 and equals $168.90 per square foot of living area.  These homes averaged 48 days from list date to being under contract.

In the past 12 months, 34 homes have sold in Hammock Creek.  Sales prices ranged from $385,000 up to $702,000. This is an average sales price of $521,603 which works out to $166.76 per square foot of living area.  These homes went under contract in an average of 56 days and sold for 97% of list price.

About Hammock Creek in Palm City FL:

Hammock Creek is a lovely gated upscale neighborhood consisting of three separate sections, The Sanctuary, The Preserve, and The Estates. The community is centered around the Hammock Creek Golf Course, a Jack Nicklaus designed course. Homes in Hammock Creek consist of one and two stories with square footage ranging from 2000 to over 5000 square feet and prices starting in the low 300’s. Most of the homes sit on generous lots with a view of either the lake, preserve, or golf course.

There are wide paver sidewalks ideal for families who enjoy biking, walking, and jogging. Close to fine shopping, nice restaurants, immediate access to I-95 and the turnpike, and A-Rated Palm City schools make Hammock Creek one of Martin County’s premier neighborhoods.

Low HOA fees ranging from approximately $260 to $390 per month depending on which section one resides.

 The ‘A’ rated Martin County schools that children from Hammock Creek attend are the Palm City Elementary, Hidden Oaks Middle, and Martin County High Schools.

Here are the currently available homes in Hammock Creek September 2019 Market Report

For any questions you may have about Hammock Creek September 2019 Market Report, 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

Hammock Creek September 2019 Market Report

Stuart FL 34994 Condo Market Report August 2019

09.17.19 by

Stuart FL 34994 Condo Market Report August 2019 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for August 2019

For August 2019 in the 34994 Zip Code area of Stuart, Florida :

There are currently 101 active condo listings (Up by 2 condos from July).

Stuart FL 34994 Condo Market Report August 2019

34 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from last month) 

Stuart FL 34994 Condo Market Report August 2019

24 Condos Sold in July (Up by 9 condos from July).

Stuart FL 34994 Condo Market Report August 2019

The Stuart FL 34994 Condo market had a nice jump in closed sales this month.  Inventory, as well as pending sales, showed little change from July.  The hurricane, towards the end of the month, seems to have had little effect on this segment of the Stuart condo market.

The absorption rate for August dropped to 4.2 months compared to last month’s 6.6 months.  Back into a seller’s market for this condo segment of Stuart’s 34994 zip code area.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers nor sellers have an advantage in the real estate market.

Last August the numbers were 77 active listings, 60 pending sales, and 16 closed sales. Better closed sales volume this year on a greater inventory of available condos for sale.  Pending sales were much better last year.

Stuart FL 34994 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

Click here for condos for sale in the 34994 zip code area of Stuart FL

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

Search here for Stuart Florida Real Estate for Sale

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

Stuart FL 34994 Condo Market Report August 2019 

 

Plantation at Sewalls Point September 2019 Market Report

09.17.19 by

Plantation at Sewalls Point September 2019 Market Report

For September 2019 there are no homes available for sale in the Plantation at Sewalls Point.

There are no homes under contract at present in the Plantation at Sewalls Point.

In the past 12 months, there have been 2 sales in the Plantation at Sewalls Point.  These homes sold for $1,200,000 and $1,400,000.  This equals an average sales price of $1,300,000 or $261.42 per sq. ft. of living area.  These homes were on the market for an average of 463 days before going under contract.  And, they sold for an average of 88% of list price.

Click here to view the previous Plantation at Sewalls Point market reports

About Plantation at Sewalls Point:

Plantation at Sewalls Point

Sewalls Point Homes for Sale:

The Plantation at Sewalls Point is an exclusive private community of only 21 home sites.  There are 10 large estate sized waterfront lots with deep water docks and views of the Saint Lucie River some with magnificent waterfront views of the Saint Lucie River.  There are 11 smaller non-waterfront home-sites on 1/2 to 1 acre sites.  All homes were custom built by individual contractors/builders from 1994 to the early 2000’s.

Plantation at Sewalls Point

Some of Martin County’s most elegant homes can be found in the Plantation at Sewalls Point. Conveniently located close to Indian Riverside Park, the United States Olympic Sailing Center, Deep Water marinas, restaurants, shopping and all of this within an ‘A’ rated school system.Plantation Home 2

The HOA fees depend on the size of the property and range from around $900 a quarter to $1,400.  The Plantation at Sewalls Point is one of the most prestigious communities in Martin County and the Treasure Coast of FL.

Plantation Home 4

Entrance

Search here for homes for sale in the Plantation at Sewalls Point, Florida

Search for Martin County Real Estate

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.

Plantation at Sewalls Point September 2019 Market Report

 

Stuart Florida 34994 Residential Market Report August 2019

09.16.19 by

Stuart Florida 34994 Residential Market Report August 2019

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for August 2019

For July 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 87 active listings (Down by 2 homes from July)

Stuart Florida 34994 Residential Market Report August 2019

38 Residential sales are pending and awaiting close or lender approval (Increased by 21 homes from last month).

Stuart Florida 34994 Residential Market Report August 2019

4 Homes Sold in August (Decreased by 12 homes from July)

Stuart Florida 34994 Residential Market Report August 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had a pretty dramatic drop in closed sales for the month while also having a large increase in pending sales.  This is most likely a result of a number of delayed closings due to the hurricane.

The one-month absorption rate for the 34994 zip code for August jumped to 21.8 months from 5.6 months for July.  Transitioning into an extreme buyer’s market for the 34994 zip code area of Stuart, FL.  I anticipate that this is just a temporary one-month situation.   A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The August 2018 numbers were 71 Active Listings, 28 pending sales, and 15 closed sales.  We have a larger inventory of available homes for sale in this segment of the market.  pending sales are considerably stronger this year while closed sales were weaker.

Stuart Florida 34994 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 34994 zip code area of Stuart FL

Search here for vacant land for sale in the 34994 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 Florida 34994 Residential Real Estate Market Report August 2019

The Evergreen Club September 2019 Market Report

09.15.19 by

The Evergreen Club September 2019 Market Report

There are 7 homes on the market in the Evergreen Club in September 2019.  List prices range from $400,000 up to $675,000.  This is an average list price of $524,000 or $173.92 per sq. ft. of living space.

There are 5 homes under contract at this time.  These homes were listed from $405,000 up to $619,500.  This is an average list price of $498,700 which works out to $178.70 per sq. ft. of living area.  These homes went under contract in an average of 29 days after being listed.

In the past 12 months, 26 homes have sold in the Evergreen Club.  Sales prices ranged from $300,000 up to $605,000.  This works out to an average sales price of $436,192 which equals $170.87 per sq. ft. of living area.  These homes sold for an average of 96% of list price.  They averaged 72 days on the market before going under contract.

View previous Evergreen Club market reports here

About the Evergreen Club Palm City Florida:

The Evergreen Club Palm City Florida

Search for Evergreen Club Real Estate

Nestled in a secluded corner of Palm City, The Evergreen Club is an elegant gated community that it’s residents love to call home.  The community is close to it all; ‘A’ rated schools, boat ramps, theatres, fantastic local restaurants, shopping, and beautiful beaches!

Evergreen Club Real Estate in Palm City Florida Evergreen Club Real Estate in Palm City Florida

The Evergreen Club is known for its 18-hole championship golf course that does not require an expensive membership to play.  Every home is unique and will be sure to have something special about it that will charm you.  Located on a beautiful 520 acre parcel, each of the 299 homes feature at least one acre of land for a spacious non crowded feeling!  Enjoy all the beautiful Florida sights that The Evergreen Club has to offer, you may find yourself rarely wanting to leave home!  Golf club membership is not mandatory but if you are a member of The Evergreen Club you will enjoy full golf privileges, dining privileges and fun social events. There are no dining minimums, no assessments or large down payments.

The Evergreen Club Palm City Florida

Search for Evergreen Club Real Estate

The Evergreen Club

Evergreen Club Real Estate in Palm City Florida

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.

The Evergreen Club September 2019 Market Report

Islesworth in Palm City FL September 2019 Market Report

09.15.19 by

Islesworth in Palm City FL September 2019 Market Report

There are currently no homes for sale in Islesworth in Palm City, Florida.

There are also no homes currently under contract in Islesworth.

In the past 12 months, 7 homes have sold in Islesworth.  Sales prices ranged from $365,000 up to $465,000.  This is an average sales price of $416,571 which works out to $151.12 per square foot of living area. These homes averaged 55 days on the market prior to going under contract and sold for 95% of the listing price.

About Islesworth in Palm City FL

The Islesworth subdivision in Palm City is a very attractive neighborhood located in the heart of Palm City, FL in a non-gated community off of Route 714 (Martin Highway).  This was a Pulte community with 113 homes being built from 1996 through 1998.  Most homes are on spacious lots from just under to over ¼ acre sites.

Many homes enjoy serene water views as there are two smaller lakes in this community.  Both single and two-story homes with the vast majority being 4 bedroom homes though there are a number of 5 bedroom homes as well as a few 3 bedroom homes.  The current HOA fees are a very reasonable $463.00 per quarter.  The fees include maintenance and insurance of the common areas, roads, reserve funds, and basic cable TV.

Islesworth is right next door to Hidden Oaks Middle School and only a short bike ride to Palm City Elementary School.  Children in Islesworth go to Martin County High School which is approximately 5 miles away.

Close to grocery and other shopping as well as medical facilities and places of worship, Islesworth offers very easy access to most resident’s needs.  For those needing to commute, both Florida’s Turnpike and I-95 are both only a short distance away.

Here are the currently available homes in Islesworth in Palm City FL

For any questions you may have about Islesworth in Palm City FL, 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

Islesworth in Palm City FL September 2019 Market Report

Sewalls Point Single Family Market Report August 2019

09.13.19 by

Sewalls Point Single Family Market Report August 2019

Sewalls Point Real Estate Snapshot, Residential Sales for August 2019

There are currently 42 active listings (No changes from last month)

Sewalls Point Single Family Market Report August 2019

6 home sales are pending and awaiting close or lender approval (Down by 9 homes from July)

Sewalls Point Single Family Market Report August 2019

10 Homes sold in July (Increased by 2 homes from July)

Sewalls Point Single Family Market Report August 2019

The single-family real estate market in Sewalls Point is continuing with stronger activity than in recent years.  Pending sales were quite weak this month and this may be a result of the hurricane scare that we had during the latter half of the month.

The absorption rate dropped to 4.2 months, in July it was 5.3 months.  Remaining in a seller’s market for the Sewalls Point single-family home market.  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 2018, the inventory was 52 homes on the market, 12 pending sales and there were 3 closed sales.  Considerably better sold numbers on a reduced number of available homes for sale this year.  Pending sales, however, are off for this year.

Sewalls Point Single Family Market Report August 2019

Currently available Sewalls Point homes for sale

Currently available Sewalls Point vacant land for sale

Sewalls Point 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.

Sewalls Point Single Family Market Report August 2019

 

Willoughby Cay Real Estate Market Report September 2019

09.13.19 by

Willoughby Cay Real Estate Market Report September 2019

As of September 2019, there are no homes for sale in Willoughby Cay.

There are also no homes under contract.

In the past 12 months, 8 Willoughby Cay homes have sold.  Sales prices ranged from $265,500 up to $317,000 for an average sales price of $291,313 which equals $190.08 per sq. ft. of living area.  These homes averaged 67 days on the market before going under contract and sold for  97% of list price.

About Willoughby Cay in Stuart FL:

Willoughby Cay in Stuart FL

Willoughby Cay is a small gated community located on Willoughby Blvd across the street from the prestigious Willoughby Golf Club and consists of 51 buildings of 2 attached villas each (for a total of 102 residences).  These homes were built from 2002 to 2004 by Showcase Designer Homes.

Willoughby Cay in Stuart FL

These homes come in two basic floor plans.  A 2 bedroom, 2 bathroom with a two-car garage with 1,398 sq. ft. of living area and a 3 bedroom (or 2 bedroom plus den), 2 bathroom with 2 car garage featuring 1,547 sq. ft. of living area.

There is no community pool or other amenities in Willoughby Cay.  A few homes have their own pools located in the back yards.  For those desiring a country club lifestyle, membership is available for the Willoughby Golf Club across the street.

Willoughby Cay in Stuart FL

Willoughby Cay is for all ages and is pet-friendly allowing for up to two pets of medium size or smaller.  Rentals are also allowed with some restrictions.  The current HOA fee (as of September 2019) is $220.00 a month and these funds cover Basic Cable TV, Common Areas, Lawn Care, Management Fees, Roof Maintenance and Trash Pickup.

Willoughby Cay in Stuart FL

Children living in Willoughby Cay are zoned for the Pinewood Elementary School, Dr. David L. Anderson Middle School, and the Martin County High School.

This community is conveniently located just minutes away from shopping, restaurants, beaches and boat ramps, medical facilities as well as easy access to I-95 and historic downtown Stuart.

This is a very desirable community where homes coming up for sale tend to sell fast.

Willoughby Cay in Stuart FL

Click here to see available Willoughby Cay homes for sale

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.

Willoughby Cay Real Estate Market Report September 2019

Oak Ridge Real Estate Market Report September 2019

09.12.19 by

Oak Ridge Real Estate Market Report September 2019

There is only 1 home available for sale in Oak Ridge in Palm City, FL.   The list price is $369,000 which equals $190.01 per sq. ft. of living area.

There are 3 homes under contract and awaiting settlement at this time.  List prices ranged from $439,000 up to $459,900.  This works out to an average list price of $452,633 or $185.21 per sq. ft. of living area.  These homes averaged 65 days on the market before going under contract.

10 homes have sold in Oak Ridge in the past 12 months.  Sale prices ranged from $325,000 up to $518,000.  The average sold price was $407,470 which equals $178.46 per sq. ft. of living area.  These homes went under contract in an average of 81 days and sold for 98% of list price.

About Oak Ridge in Palm City FL:

Located in a quiet tranquil corner of Palm City Florida, the Oak Ridge community of 224 homes is conveniently located close to top-rated schools, shopping, I-95, and Florida’s Turnpike, golf courses, cultural activities, parks, and beaches. Linked with tree-lined streets and cul-de-sacs, homes are located on preserves or waterfront on lakes or ocean access canals. Enhanced private homesites within a traditional community setting. The gated neighborhood of Oak Ridge offers a 2000 sq. ft. clubhouse, pool, two lighted tennis courts, and a deep water ocean access boat ramp. Each house is ideally situated on a lake or preserve property.

There is a mandatory Home Owners Association with reasonable quarterly dues which cover Basic Cable TV, Landscaping and Maintenance of all Common Areas, Gate Maintenance, Property Manager & Reserve Funds.

Residents of Oak Ridge are in the Martin County School system and currently, the assigned schools are Bessey Creek Elementary, Hidden Oaks Middle and Martin County High School.

Only minutes to Pendarvis Cove Park on the shores of the Saint Lucie River. Additional boat ramp and trailer parking and home of the sailing club.

Other close-by amenities include lots of great shopping, easy access to Florida’s Turnpike and I-95. Only 15 minutes to the shores of the Atlantic Ocean. Give us a call if you’d like additional information about this wonderful Palm City community.

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.

Oak Ridge Real Estate Market Report September 2019

Martins Crossing Market Report September 2019

09.11.19 by

Martins Crossing Market Report September 2019

There are currently 6 homes for sale in Martins Crossing.  Prices range from $293,000 up to $399,000.  This is an average list price of $334,983 which equals $155.33 per sq. ft. of living area.

There are 2 homes currently under contract.  List prices were $329,000 and $349,900.  This equals an average list price of $339,450 which is $166.27 per sq. ft. of living area.  These homes went under contract in an average of 44 days.

In the past twelve months, 33 homes have sold in Martins Crossing.  Sales prices ranged from a low of $185,000 to a high of $395,000.  This equals an average sales price of $266,013 which works out to $145.43 per sq. ft. of living area.  These homes sold at an average of 98% of list price and were under contract in an average of 38 days.

About Martins Crossing in Stuart FL:

 Martins Crossing in Stuart FL

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

Martins Crossing in Stuart FL

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

Martins Crossing in Stuart FL

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.

Martins Crossing in Stuart FL

Search for Martins Crossing 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.

Martins Crossing Market Report September 2019

Martin County Townhouses and Condos July 2019 Market Report

09.10.19 by

Martin County Townhouses and Condos July 2019 Market Report

The Martin County Townhouses and Condos July Market Report had improved sales activity when compared to last year.  Closed sales for the month were down by 4.3%.  They were down by 17.1% in June.  While new sales under contract (new pending sales) were up by 14.0% from July 2018.  They decreased by 2.2% in June.

Prices were mixed for July.  The median sales price increased by 3.1% (was up by 25.1% in June) while the average sales price decreased by 10.2% (was up by 32.5% in June).

The inventory of available townhouses and condos decreased by 36 units to 358 properties.  This is still a 12.2% greater inventory then we had for in July 2018.  Currently, there’s a 3.9 month supply of inventory (compared to 3.1 months for July 2018).  Remaining in a seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos July 2019 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos July 2019 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 Townhouses and Condos July 2019 Market Report

South Fork Estates Real Estate Market Report for September 2019

09.10.19 by

South Fork Estates Real Estate Market Report for September 2019

There are currently 3 homes for sale in South Fork Estates in Stuart FL.  The listing prices range from $479,900 up to $587,000 for an average list price of $543,933 which equals $226.02 per sq. ft. of living area.

There is one home under contract at this time in South Fork Estates.  The list price was $449,900 or $213.93 per sq. ft. of living area.  This home went under contract 25 days after coming on the market.

In the past 12 months, there have been 4 sales in South Fork Estates.  These homes had sales prices from $363,000 up to $456,500.  This works out to an average sales price of $398,625 which is $193.44 per square foot of living area.   These homes averaged 82 days on the market before going under contract and sold for an average of 98% of list price.

About South Fork Estates in Stuart FL:

South Fork Estates in Stuart FL

A unique private community in Stuart, Florida built before the land was so expensive that homes had to be placed on top of each other.  All homes in South Fork Estates are on 1/2 acre or larger lots, many with serene views of two large lakes located within this community.  Those homes not on the lakes have private preserve views of the Atlantic Ridge.

South Fork Estates in Stuart FL

There are 114 homes in South Fork Estates.  Homes were built from 1992 through as late as 2011.  The majority of the homes were built between 1998 through 2005.  Most homes are either 3 or 4 bedrooms with 2 and 3 car garages, ranging in size from around 2,000 sq. ft. of living area to over 3,500.  There are still a few residential lots that are vacant awaiting a home.

South Fork Estates in Stuart FL

This is a close-knit community with a playground as well as a boat and RV storage area.  Low Homeowners’ association fees of under $50 per month at the time of this writing.

South Fork Estates in Stuart FL

Children living in South Fork Estates attend Crystal Lake Elementary, David L Anderson Middle, and South Fork High Schools.

South Fork Estates in Stuart FL - RV and Boat Lot

Located just off Cove Rd. and Kanner Highways, this community is just minutes from I-95 for commuters.  Shopping and medical facilities are also close by.  And, there are numerous choices for boating access also only a short ride away.

One of the hidden gems of the Stuart area, South Fork Estates id a great community to call home.

Here are the currently available homes for sale in South Fork Estates

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.

South Fork Estates Market Report for September 2019

Martin County Single Family Homes July 2019 Market Report

09.09.19 by

Martin County Single Family Homes July 2019 Market Report

The Martin County Single Family Homes July 2019 Market Report showed weaker closed sales activity when compared to last July.  new pending sales did rise, which may predict a greater number of closed sales in the coming months.  Closed sales were down by 9.2% (were down by 7.1% in June).  While new pending sales increased by 7.5% as compared to July 2018 (they decreased by 2.4% in June).

Prices, though, were up for July.  The median sales price was up by 3.2% from last year (up by 4.9% in June) while the average sales price increased by 8.1% (was down by 3.9% last month).

The inventory of available single-family homes decreased from last month by 39 homes to 962 units for July,  this is a 4.9% greater inventory than last July.  The current supply of homes is 4.9 months.  For July of last year, it was a 4.6 months supply.  We remain in 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 July 2019 Market Report

Click here to view or download the full report:
Martin County Single Family Homes July 2019 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 July 2019 Market Report

Rustic Hills September 2019 Real Estate Market Report

09.09.19 by

Rustic Hills September 2019 Real Estate Market Report

For September 2019, there are 4 homes available for sale in Rustic Hills.  List prices range from $413,000 up to $974,500.  This is an average list price is $592,600 or $285.04 per sq. ft. of living area.

There are 2 homes under contract at this time.  The list prices were $450,000 and $564,900.  This works out to an average list price of $507,450 which is $234.17 per sq. ft. of living area.  These homes averaged only 6 days on the market prior to going under contract.

In the past 12 months, 10 Rustic Hills homes have sold.  Sales prices ranged from $342,390 up to $565,000 for an average sales price of $447,539 which equates to $245.46 per sq. ft. of living area.  Sales averaged 97% of list price and also averaged 62 days on the market prior to going under contract.

About Rustic Hills in Palm City FL:

Rustic Hills in Palm City FL

Originally a popular fishing camp, Rustic Hills in Palm City, Florida is a quaint waterfront enclave of 178 homesites geared for families who also enjoy boating. All homes have canal frontage with dockage, except for 10 homes/lots, which have deeded spaces for docks. A wonderful entrance through the ‘covered bridge’ allows entry into Rustic Hills. Great families and good neighbors through a series of winding one-lane roads that make this neighborhood unique in today’s fast-paced lifestyles. Some homes still have the outward character of the old fishing camp lodges, but most have been completely remodeled or even re-built to today’s standards.

Rustic Hills, Palm City, Florida, Canals

Truly a ‘rustic’ area, but close to shopping, beaches, and all modern amenities. Only a short ride by boat to the wide Saint Lucie River and an additional few minutes to the Saint Lucie Inlet and the beautiful Atlantic Ocean.

Rustic Hills in Palm City FL

Currently, children living in Rustic Hills attend Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.  Rustic Hills is an exceptionally friendly family neighborhood where children are seen playing outside at all times and neighbors taking the time to make sure that all is well.

Rustic Hills in Palm City FL

There are a number of exceptional opportunities for the prospective home buyer in Rustic Hills.

Search for currently available homes in Rustic Hills, Palm City, Florida

 

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

Search the Martin County MLS

Call 772-323-6996  for information

Rustic Hills September 2019 Real Estate Market Report

Jensen Beach Oceanfront Condo Just Listed

09.08.19 by

Jensen Beach Oceanfront Condo Just Listed

The Empress Condominium on Hutchinson Island.  A Jensen Beach oceanfront condo just listed by Gabe Sanders of Real Estate of Florida.

Available for immediate occupancy and offered for $390,000.

More info and pictures

Empress oceanfront Condo in Jensen Beach

Spacious 2 bedroom oceanfront condo in one of the best buildings on South Hutchinson Island in Jensen Beach.  This condo is offered fully furnished and is ready for immediate occupancy.  One small pet is allowed and rentals are also permitted with some restrictions.

Empress oceanfront Condo in Jensen Beach

The master bathroom has dual sinks and a separate shower and tub along with a large walk-in closet.  There is ample closet space in this condo along with an additional storage locker and a laundry room in the condo.  This Empress condo offers direct access to the beach with unobstructed ocean views.  Other amenities include a beachside pool and spa, exercise room, billiards room, table tennis room, card room with a large flat-screen TV, social room and bar, kitchen with ice-maker and dishwasher, covered patio, barbecue grill, tennis courts, golf practice nets, car wash areas, and a decorated lobby.  The HOA fee includes Wi-Fi and cable.

Empress oceanfront Condo in Jensen Beach Empress oceanfront Condo in Jensen Beach

This is a perfect opportunity for a beachside home or a vacation home and even as an investment property.  The Empress Condo is a luxury building and is also known as “The Jewel of the Isle”.

Empress oceanfront Condo in Jensen Beach

Search for all Empress Condos in Jensen Beach on Hutchinson Island

Search for all Condos in Jensen Beach on Hutchinson Island

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.

 

Jensen Beach Oceanfront Condo Just Listed

Florida Townhouses and Condos July 2019 Market Report

09.06.19 by

Florida Townhouses and Condos July 2019 Market Report

The Florida Townhouses and Condos Market Report for July 2019 had a positive month with improved activity when compared to last July.  Closed sales were up by 4.3% as compared to last month’s decrease of 9.4% and new sales under contract (new pending sales) increased by 3.3% (In June there was a 1.5% decrease).

Prices were also up for the month of July.  The median sales price was up by 4.4% (was up by 2.6% in June), while the average sales price increased by 4.1% (was down 4.0% in June).

The inventory of active listings increased by 3.4% from July of last year.  We now have 5.5 months of inventory as compared to 5.3 months for July 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 July 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 July 2019 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.

Florida Townhouses and Condos July 2019 Market Report

Florida Single Family Homes July 2019 Market Report

09.05.19 by

Florida Single Family Homes July 2019 Market Report

The Florida Single Family Homes Market Report for July 2019 showed improved activity from the same period last year.  The closed sales numbers were up by 10.4% (were down by 1.9% in June) and new sales under contract (new pending sales) were up by 7.4% (were up by 4.9% in June).

Prices were also up for July.  The median sales price rose by 5.1% (it was up by 3.8% in June) and the average sales price was up by 6.3% (it was down by 0.3% last month).

The inventory of available homes for sale decreased by 0.2% from last year.  This is a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (July 2018 also had a 3.9 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 July 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes July 2019 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.

July 2019 Florida Single Family Homes Market Report