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Lake Tuscany July 2019 Market Report

Lake Tuscany July 2019 Market Report

As of July 2019, there are 3 homes available for sale in Lake Tuscany in Stuart FL.   These homes are listed with prices from $384,000 up to $559,900.  This is an average list price of $451,300 or $150.24 per square foot of living area.

There are no homes currently under contract.

In the past 12 months, 6 homes have sold in Lake Tuscany.  The sales prices ranged from $360,000 up to $543,250. This works out to an average sales price of $462,375 which equals $155.67 per sq. ft. of living area. These homes took an average of 37 days on market to go under contract and sold at 97% of list price.

About Lake Tuscany in Stuart Florida:

Lake Tuscany in Stuart Florida

Lake Tuscany in Stuart FL is a newer subdivision just to the west of I-95 in Martin County, Florida. The homes in Lake Tuscany were mostly completed between 2004 to 2005. This attractive subdivision is set up with a gated entrance and all 98 homes in Lake Tuscany are on Panther Trace which makes a large circle around the lake in the center. Homes range from 3 Bedroom, 3 Bath or 4 BR 2 Baths of around 2100 sq. ft. of living area to spacious 6 Bedroom, 4 Bathroom 2 story homes with lofts and theater rooms with pools by the lakeside along with 3 car garages. All are high-quality homes built by local builder Mercedes Homes.

Lake Tuscany real estate Stuart FL Lake Tuscany real estate Stuart FL

Lake Tuscany boasts lush landscaping and very reasonable Home Owner’s Association fees of $108.00 per month. These fees cover security, the common areas and lake upkeep, basic cable, trash collection and front landscaping. The Lake Tuscany property owners website is located at this site.

Lake Tuscany real estate Stuart FL Lake Tuscany real estate Stuart FL

Families in Lake Tuscany enjoy Martin County’s ‘A’ rated schools in the following schools: Crystal Lake Elementary, David L Anderson Middle School and South Fork High School. Shopping is only minutes away and there’s easy access to Martin County’s waterways and just a short drive to the many public beaches.

Lake Tuscany in Stuart Florida

Lake Tuscany real estate Stuart FL

Search here for currently available Lake Tuscany real estate in Stuart FL

For any questions you may have about Lake Tuscany Real Estate Update in Stuart FL July 2019, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

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

Lake Tuscany in Stuart Florida

Lake Tuscany July 2019 Market Report

The Archipelago of Sewalls Point July 2019 Market Report

The Archipelago of Sewalls Point July 2019 Market Report

For July 2019 there is only 1 home available for purchase in the Archipelago of Sewalls Point.  The list price is $1,300,000 or $433.33 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, there have been 3 sales in the Archipelago of Sewalls Point. These homes had sales prices ranging from $600,000 up to $2,000,000.  This is an average sales price of $1,111,667 which equals $422.91 per sq. ft. of living area.  These homes were on the market for an average of 128 days before going under contract and sold for an average of 86% of list price.

About the Archipelago of Sewalls Point:

the Archipelago of Sewalls Point

Located in the prestigious town of Sewalls Point, Florida the Archipelago is a non-gated neighborhood of all waterfront homes with access to the crystal clear waters of the Atlantic Ocean through the Saint Lucie Inlet in Martin County, Florida. All the homes in the Archipelago are on either the wide waters of the Indian River or located on deep water canals. The Saint Lucie Inlet to the Atlantic is less than two miles away by water. Access is maintained by dredging all Archipelago waterways to 6’. Homes range from modest older frame homes to spectacular estate lots with magnificent views.

the Archipelago of Sewalls Point

The link below will take you to all currently available Archipelago homes in Sewalls Point, Florida

Search for Archipelago Homes for Sale

 

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Sewalls Point Real Estate is presented by:

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the Archipelago of Sewalls Point

The Archipelago of Sewalls Point July 2019 Market Report

Martin County Townhouses and Condos May 2019 Market Report

Martin County Townhouses and Condos May 2019 Market Report

Martin County Townhouses and Condos May 2019 Market Report continues with weaker sales activity when compared to last year.  Closed sales for the month were down by 17.3% (were down by 4.8% in April) while new sales under contract (new pending sales) were down by 13.1% from May 2018 (decreased by 22.3% in April).

Prices, though, continue to rise at strong rates.  The median sales price increased by 10.2% (was up by 11.0% in April) while the average sales price increased by 5.1% (was up by 11.1% in April).

The inventory of available townhouses and condos decreased by 15 units to 431 properties.  This is still a 9.9% greater inventory then we had in May 2018.  Currently, there’s a 4.6 month supply of inventory (compared to 3.9 months for May 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 May 2019 Market Report

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

Martin County Single Family Homes May 2019 Market Report

Martin County Single Family Homes May 2019 Market Report

The Martin County Single Family Homes May 2019 Market Report showed improved sales activity when compared to last May but not quite as robust as last month.  Closed sales were up by 1.1% (were up by 13.7% in April).  While new pending sales increased by 1.8% as compared to May 2018 (they increased by 3.0% in April).

Prices were mixed for May.  The median sales price was up by 3.8% from last year (down by 1.4% in April) while the average sales price decreased by 0.2% (was down by 14.5% last month).

The inventory of available single-family homes decreased from last month by 33 homes to 1071 units for May,  this is a 12.3% greater inventory than last May.  The current supply of homes is 5.4 months.  For May of last year, it was a 4.7 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 May 2019 Market Report

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

Florida Townhouses and Condos May 2019 Market Report

Florida Townhouses and Condos May 2019 Market Report

The Florida Townhouses and Condos Market Report for May 2019 had slightly stronger sales activity when compared to last May.  Closed sales were up by 1.6% as compared to last month’s increase of 3.2% and new sales under contract (new pending sales) increased by 0.5% (In April there was a 0.8% decrease).

Prices were mixed for the month of May.  Median sales price was up by 3.7% (was up by 3.6% in April), while the average sales price decreased by 1.2% (was up 3.1% in April).

The inventory of active listings increased by 4.8% from May of last year.  We now have 5.9 months of inventory as compared to 5.7 months for May 2018.  Drifting back into a slight 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 May 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 May 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 May 2019 Market Report

Pinecrest Lakes July 2019 Market Report

Pinecrest Lakes July 2019 Market Report

There are 7 homes for sale in the Pinecrest Lakes community of Jensen Beach FL as of July 2019.  Listing prices range from $379,900 up to $499,900.  This is an average list price of $436,743 which equals $200.33 per sq. ft. of living area.

There are 11 homes under contract and awaiting closing. The list prices were $379,000 and $690,000.  Which works out to an average list price of $453,852 which is $206.26 per sq. ft. of living area.  These homes were on the market for an average of 57 days before going under contract.

In the past 12 months, 17 homes have sold in Pinecrest Lakes with sales prices ranging from $318,250 up to $887,388.  This is an average sales price of $484,752 which is $188.07 per sq. ft. of living area.  These sales averaged 67 days on the market and sold at 95% of list price.

About Pinecrest Lakes in Jensen Beach:

The Pinecrest Lakes community of Jensen Beach FL was first developed in the late ’70s and early ’80s during a time when the Martin County Commissioners were notoriously stringent and restrictive about new developments in the area. Consequently, this community has a distinctive feel and flavor. All homes are on at least a 1/2 acre lot with many on larger 1 to 2 acre lots. None of the homes are identical and all types of construction and paint schemes are allowed.

Pinecrest Lakes Homes for Sale

Pinecrest Lakes is located south of NE Jensen Beach Boulevard and just east of the new Green River Parkway. Residents enjoy wide winding streets with sidewalks, street lights, underground utilities, and public water. Community features include tot lots, parks, lakes and tennis courts.

Pinecrest Lakes is located in Martin County’s “A” rated school district. The local public elementary school, Jensen Beach Elementary School, is less than a mile away, within easy walking and biking distance for students. Students also attend Stuart Middle School in Stuart and Jensen Beach High School located approximately 1 mile northwest of the community on NE Jensen Beach Boulevard.

Pinecrest Lakes Homes for Sale

Pinecrest Lakes is also about 1 mile to the east of the Treasure Coast Square Mall, Martin County’s main shopping center. Residents are a short ride away from the beautiful beaches on Hutchinson Island, historic downtown Jensen Beach, Indian Riverside Park as well as numerous boat ramps and marinas that serve the vast boating resources available in Martin County.

All ages and pets are welcome in Pinecrest Lakes.  The HOA fees were a very reasonable $67.00 a month and include maintenance and reserve funds for all of the common areas in this community.

Here are the currently available Pinecrest Lakes Homes for Sale in Jensen Beach, Florida

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.

Pinecrest Lakes July 2019 Market Report

Florida Single Family Homes May 2019 Market Report

Florida Single Family Homes May 2019 Market Report

The Florida Single Family Homes Market Report for April 2019 showed continued improvement for sales volume when compared to last year.  The closed sales numbers were up by 9.6% (were up by 6.2% in April) and new sales under contract (new pending sales) were up by 5.0% (were up by 4.4% in April).

Prices were also up for May.  The median sales price rose by 4.3% (it was up by 2.6% in April) and the average sales price rose by 2.6% (it was down by 0.2% last month).

The inventory of available homes for sale increased by 4.0% from last year.  This is a 4.0 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (May 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 May 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes May 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.

May 2019 Florida Single Family Homes Market Report

Hobe Sound FL 33455 Condo Market Report May 2019

Hobe Sound FL 33455 Condo Market Report May 2019

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

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

There are currently 9 active condo listings. (Up by 1 condo from April)

Hobe Sound FL 33455 Condo Market Report May 2019

3 Condos are pending and awaiting close. (Up by 2 condos from April)

Hobe Sound FL 33455 Condo Market Report May 2019

3 Condos sold in May. (Up by 3 condos from April)

Hobe Sound FL 33455 Condo Market Report May 2019

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Even with these small number of available condos for sale, the activity remains very robust.

The absorption rate for Hobe Sound condos was 3.0 months for May.  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 May 2018 numbers were: 6 active listings, 5 pending sales, and 1 closed sale.  A better volume of sales and inventory this year.  There was a better number of pending sales last year.

Hobe Sound FL 33455 Condo Market Report May 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 May 2019

Rocky Point July 2019 Market Report

Rocky Point July 2019 Market Report

Here is your Rocky Point July 2019 market Report in Stuart Florida:

There are currently 29 active listings in the Rocky Point area of Stuart FL which include both condos and homes.  List prices range from a low of $79,900 up to $2,100,000.  This is an average list price of $441,972 or $213.05 per square foot of living area.

18 homes and condos are under contract (pending sales) and awaiting closing.    List prices ranged from $98,900 up to $1,495,000.  This equals an average list price of $375,830 which is $188.85 per square foot of living area.  These properties averaged 68 days on the market before accepting a contract.

In the past 12 months, 115 properties have sold in Rocky Point with sales prices ranging from $68,000 up to $2,500,000.  This works out to an average sales price of $325,216 which equals $170.26 per square foot of living area.  The average days on market was 59 with a 96% list to sales price ratio.

Rocky Point Homes for Sale in Stuart, Florida

 Rocky Point Real Estate in Stuart Florida

Rocky Point in Stuart, FL is a wonderful boating oriented community located just off the Saint Lucie Inlet in beautiful Martin County Florida.  Originally a fishing village because of its proximity to the Atlantic Ocean; Rocky Point is now a wonderful family community with a variety of different neighborhoods.  Most of Rocky Point is still oriented towards fisherman and boaters with many of the neighborhoods having access to docks, marinas and/or boat ramps.  Some neighborhoods have deeded dock rights as well as privately owned ramps and launch facilities.  There is also a selection of some luxury waterfront homes with private docks located only a short few minutes cruise to the open Ocean via the Saint Lucie Inlet and within a day’s round trip to the Bahamas.

 Rocky Point real estate

Bordering Rocky Point to the north and west is the Manatee Pocket.  Home of the original Stuart Sailfish fleet (Stuart continues to proudly boast that it’s the ‘Sailfish Capital of the World’).  Now home to a number of Marinas, Charter fleets and the famous Chapman School of Seamanship as well as quite a few excellent restaurants serving the freshest seafood arriving from the Ocean straight to the kitchens daily.

 Rocky Point Real Estate in Stuart Florida

All this in wonderful family friendly neighborhoods within Martin County’s ‘A’ rated schools system.

Rocky Point Real Estate in Stuart Florida

One of the highlights of the year for Rocky Point is the Port Salerno Seafood Festival.  Held yearly in the winter, this free festival fills the streets of Historic Port Salerno.  In addition to serving up the area’s freshest and tastiest seafood, live music, community booths, arts & crafts, activities for the kids, pirates and more keep the entire family entertained the whole day.

Rocky Point real estate Admission is FREE, though attendees are asked to bring canned goods in exchange for zero admission to benefit a food drive for local food banks.

Rocky Point real estate

 

 

Search the Martin County MLS
Search here for available homes in Rocky Point

 

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Prices are low and the inventory has been shrinking.  Don’t miss the opportunity of a lifetime.  Search instantly for any size, location, price range to get you the BEST deal around!!!

courtesy of:
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Rocky Point July 2019 Market Report

 

Hobe Sound FL 33455 Residential Market Report May 2019

Hobe Sound FL 33455 Residential Market Report May 2019

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

  For May 2019 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 225 active listings. (Down by 2 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2019

82 Residential sales are pending and awaiting close  (Down by 8 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2019

87 Homes Sold in May (Up by 40 homes from last month)

Hobe Sound FL 33455 Residential Market Report May 2019

The Hobe Sound Florida Market Report ZIP Code 33455 had a surprisingly stong month for closed sales and continues to be a very active real estate market.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 plunged to 2.6 months (It was 4.8 months in April).  Now an extreme seller’s market once again.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for May 2018 were:  184 active listings, 92 pending sales, and 63 closed sales.  Much stronger closed sales volume this year along with a considerable greater number of Hobe Sound homes available for sale (inventory).

Hobe Sound FL 33455 Residential Market Report May 2019

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 May 2019

Jensen Park Estates July 2019 Market Report

Jensen Park Estates July 2019 Market Report

Currently, there are 4 homes available for sale in the Jensen Park Estates community of Jensen Beach FL.  These homes are listed for prices from $264,900 up to $319,900.  The average list price is $293,450 and this equals $175.43 per sq. ft. of living area.

There are 3 homes under contract and awaiting closing.  These homes were listed at prices ranging from $249,900 up to $365,000.  This works out to an average list price of $304,967 which equals $187.73 per sq. ft. of living area.  These homes were o the market for an average of 31 days prior to going under contract.

In the past 12 months, 24 Jensen Park Estates homes have sold.  Sales prices ranged from a low 0f $160,000 up to $380,000.  This is an average sales price of $291,385 which equals $171.36 per sq. ft. of living area.  These sales averaged 96% of the last list price and averaged 66 days on market before going under contract.

About Jensen Park Estates in Jensen Beach FL:

Jensen Park Estates is a non-gated community located just west of Savannah Rd in the heart of Jensen Beach.  There are 381 home sites in this community, most of which have been built upon.  Homes were built from 1980 to the latest one which was completed in 2010.

Jensen Park Estates real estate

There’s a wide range of sizes and shapes of homes ranging from 6 bedroom homes with over 3,100 sq. ft. of living area down to a more modest 2 bedroom, 2 bathroom homes with just under 1,100 sq. ft.  There are both frame and concrete block construction as well as homes with and without private pools.

Some homes have large lots of over ½ acre while others are fairly modest lots with just over .12 acres.

Neighborhood children attend the Jensen Beach Elementary School which is just a little over ½ mile away, Stuart Middle School and the Jensen Beach High School.

Jensen Park Estates real estate

Very close to shopping areas of US-1 as well as close to the Intracoastal (the Indian River) with its boat ramps, public beaches on Hutchinson Island, Indian Riverside Park, and much more.

Jensen Park Estates is an excellent option for both families and retirees looking for affordable homes in the heart of Jensen Beach.

Search here for available Jensen Beach 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.

Jensen Park Estates July 2019 Market Report

Jensen Beach FL 34957 Condo Market Report May 2019

Jensen Beach FL 34957 Condo Market Report May 2019

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

For May 2019 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 109 active listings. (Increased by 2 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2019

42 Condo sales are pending and awaiting settlement. (Down by 10 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2019

30 Condos Sold (Down by 2 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2019

 The Jensen Beach FL 34957 Condo Market Report remains a very active market with consistently strong sales.

The one-month absorption rate for the May 2019, Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.6 months (from 3.3 months in April). Remaining as a very strong seller’s market.  A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The May 2018 numbers were: 108 active listings, 43 pending sales, and 31 condos closed.  Almost identical sales volume when compared to last year.  Just slightly lower this year.

Jensen Beach FL 34957 Condo Market Report May 2019

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 May 2019

Willoughby Golf Club Stuart June 2019 Market Report

Willoughby Golf Club Stuart June 2019 Market Report

There are currently 12 homes on the market in the Willoughby Golf Club. List prices range from $350,000 up to $1,595,000.  The is an average listing price of $618,308 which equates to a price per sq. ft. of living area of $196.94.

There is only 1 home under contract.  The list price was $649,900 or $193.14 per sq. ft. of living area.  This home was on the market for 255 days before going under contract.

In the past 12 months, 17 Willoughby Golf Club homes have sold.  Sales prices ranged from $318,966 up to $900,000.  This equals an average sales price of $535,322 which equals $180.55 per sq. ft. of living area.  Sales prices averaged 96% of list prices and these were on the market for an average of 107 days before receiving an accepted offer.

About the Willoughby Golf Club in Stuart FL:

Willoughby Golf Club in Stuart FL

Willoughby Golf Club real estate is located in the city of Stuart, which is in Martin County Florida. It sits on the eastern coast of the Atlantic Ocean along what is commonly referred to as the Treasure Coast. Knowing the location of Willoughby Golf Club real estate is the first step in the right direction. You will soon realize though that the right direction becomes filled with so many benefits that it is hard not to wish of owning a piece of Willoughby Golf Club real estate.

Willoughby Golf Club in Stuart FL

The Willoughby Golf Club is made up of a 403-acre private golf community. The golf club memberships entitle the members the enjoyment of a championship and challenging Arthur Hills designed golf course. Of the 403 acres over 200 are devoted to nature preserves, lakes and the golf course itself. This allows the residents of Willoughby Golf Club real estate to enjoy a low inhabitant’s environment and the splendors of the beautiful climate found along Florida’s coast.

Willoughby Golf Club in Stuart FL

Residents have the benefit of numerous activities and events that take place in the town of Stuart along with many noteworthy locations.

  • Restored downtown with historical landmarks
  • exclusive shops
  • distinctive restaurants
  • an executive airport
  • highly viewed schools
  • library
  • outstanding professional and medical facilities
  • a regional mall
  • many cultural happenings

Willoughby View 1

The Atlantic Ocean is accessible via the St. Lucie Inlet and there are protected inland waterways offering boating and fishing excursions. This is no surprise since Stuart properties are located in the “Sailfish Capital of the World”. Stuart also has miles of pristine beaches.Willoughby Golf Club Real Estate 1

A short drive south will take you to Palm Beach County with its fashionable shopping, assorted well reputable dining, the Raymond F. Kravis Center and Palm Beach International Airport.

The homes of Willoughby Golf Course real estate are divided into different categories. The entire area is made up of nine different neighborhoods, each as fine as the next. You can choose from various floor plans and styles.

Willoughby Golf Club in Stuart FL

Here are the currently available homes for sale in the Willoughby Golf Club

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Willoughby Golf Club Stuart June 2019 Market Report

 

Jensen Beach FL 34957 Residential Market Report May 2019

Jensen Beach FL 34957 Residential Market Report May 2019

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

 For May 2019 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 223 active listings. (Down by 3 homes from last month)

Jensen Beach FL 34957 Residential Market Report May 2019

67 Residential sales are pending and awaiting close or lender approval. (Decreased by 14 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2019

58 Homes Sold (Increased by 6 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2019

The Jensen Beach FL 34957 Residential Market continues to be an active market with strong sales volume.  Unfortunately, there was a drop in pending sales this month which may have an effect on closed sales for the near future.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.8 months ( was 5.8 months in April).  An even stronger 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 May 2018 numbers were: 159 active listings, 90 pending sales, and 60 home sales closed.  A second consecutive month of better activity last year even though there is a greater number of homes available for sale in Jensen Beach this year.
Jensen Beach FL 34957 Residential Market Report May 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 May 2019

Palm City FL 34990 Condo Market Report May 2019

Palm City FL 34990 Condo Market Report May 2019

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

For May 2019 in the 34990 Zip Code area of Palm City, Florida :

There are currently 68 active condo listings. (Decreased by 10 condos from April)

Palm City FL 34990 Condo Market Report May 2019 

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

Palm City FL 34990 Condo Market Report May 2019

8 Condos Sold in May. (Down by 3 condos from April)

Palm City FL 34990 Condo Market Report May 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.  May showed a nice rise in activity for these communities.

The current absorption rate for condos in the 34990 zip is 8.5 months (was 7.1 months in April).  Shifting into a more pronounced buyer’s market for Palm City condos.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The May 2018 numbers were: 87 active listings, 11 pending sales, and 9 closed sales.  Very similar activity to last year but with a significantly lower number of available condos for sale.
Palm City FL 34990 Condo Market Report May 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 May 2019

The Reef in Rocky Point June 2019 Market Report

The Reef in Rocky Point June 2019 Market Report

For June 2019 there is 1 home available to purchase in the Reef in the Rocky Point neighborhood of Stuart FL.  This home is listed for $2,100,000 or $459.52 per sq. ft. of living area.

There are no homes currently under contract in the Reef.

In the past 12 months, 3 homes have sold in the reef.  These homes sold for prices ranging from $351,000 up to $530,000. This works out to an average sales price of $455,333 which equals $188.90 per sq. ft. of living area.  These homes sold for an average of 102% of list price and were on the market for an average of 149 days before going under contract.

About The Reef in Rocky Point:

The Reef in Rocky Point in Stuart FL

The Reef is one of the few newer gated communities in the Rocky Point area of Stuart FL.  This is an exclusive subdivision with 52 home sites, 11 of which are larger waterfront estates.  This desirable community is well located just a short boat ride away from the Atlantic Ocean through the Saint Lucie Inlet.

The Reef in Rocky Point

Homes in the Reef were built from 1994 to 2007.  There are still some vacant lots that have yet to be built on including one waterfront parcel.  Home sizes range from 3 bedroom, 2 bathroom homes with just under 2,000 sq. ft. of living area all the way up to 5 bedroom, 4 bath waterfront homes with over 6,000 sq. ft. of living space on over an acre lots.

The Reef in Rocky Point The Reef in Rocky Point

The Reef is in the Martin County School District and children attend the Port Salerno Elementary school, Murray Middle School and South Fork High School.

The Reef in Rocky Point The Reef in Rocky Point

Rocky Point was originally a fishing village and many fishermen remain in the area.  It is surrounded by the Intracoastal on the east side and the Manatee Pocket on the North and South sides.  Easy access to many marinas, great seafood restaurants as well as the great lifestyle of Martin County FL.

Click here to search for homes for sale in the Reef of Rocky Point

Click here to search for all Rocky Point homes for sale and condos for sale

The Reef in Rocky Point June 2019 Market Report

Palm City FL 34990 Residential Market Report May 2019

Palm City FL 34990 Residential Market Report May 2019

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

For May 2019 in the 34990 Zip Code area of Palm City Florida :

 There are currently 400 active listings (Up by 11 homes from April)

Palm City FL 34990 Residential Market Report May 2019

132 Residential sales are pending (Down by 34 homes from last month)

Palm City FL 34990 Residential Market Report May 2019

110 Homes Sold in September (Up by 32 homes from April)

Palm City FL 34990 Residential Market Report May 2019

The Palm City FL, zip code 34990 residential real estate market had a very good month for closed sales.  Unfortunately, pending sales were off for this month and the inventory continues to grow.  Palm City remains a very active market.
The monthly absorption rate rose to 3.6 months from 5.0 months in April.  Dropping to even a more extreme seller’s market for the Palm City zip code 34990 area.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The May 2018 numbers were:  340 active listings, 176 pending sales, and 106 closed sales.  All in all, considerably better activity last year with a reduced number of homes available to purchase.

Palm City FL 34990 Residential Market Report May 2019

Are you interested in the value of your Palm City FL home?
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Search here for homes for sale in the 34990 zip code area of Palm City FL

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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 May 2019

Stuart FL 34997 Condo Market Report May 2019

Stuart FL 34997 Condo Market Report May 2019

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

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

There are currently 52 active condo listings (Down by 6 condos from April).

Stuart FL 34997 Condo Market Report May 2019

33 Condo sales are pending and awaiting close (Up by 3 condos from April).

Stuart FL 34997 Condo Market Report May 2019

19 Condos Sold in May (Up by 1 condo from April).

Stuart FL 34997 Condo Market Report May 2019

      The Stuart FL condo market for zip code 34997 continues to show very strong sales activity compared to the previous months as well as last year.

     The absorption rate dropped to 2.7 months in May compared to 3.2 months for April.  Continuing as an even stronger seller’s 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 May 2018 numbers were: 50 active listings, 26 pending sales, and 17 closed sales.  Continuing stronger sales volume year to year in this segment of the Stuart condo real estate market.

Stuart FL 34997 Condo Market Report May 2019

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 May 2019

River Watch on Hutchinson Island June 2019 Market Report

River Watch on Hutchinson Island June 2019 Market Report

In June 2019, there are 2 homes for sale in the River Watch community of Hutchinson Island in Jensen Beach FL.  The list prices of these homes are $489,000 and $550,000.  This is an average list price of $519,500 which works out to $332.35 per sq. ft. of living area.

There aren’t any homes currently under contract.

In the past 12 months, only 1 River Watch home has sold.  The sales price was $285,000 which equals $205.04 per sq. ft. of living area.  This home was on the market for 151 days before going under contract and sold for 98% of list price.

About River Watch on Hutchinson Island:

River Watch on Hutchinson Island

Located only a short distance north of the Jensen Beach Causeway and just across the Saint Lucie County line, there is a wonderful small community by the name of River Watch.  These are single family homes ranging from a modest 2 bedroom and 2 bathroom residence with around 1,400 sq. ft. of living area plus a garage up to a spacious 4 bedroom, 3 bathroom with 3,400 sq. ft. of living area and your very own private dock and access to the Intracoastal Waterway which is also known as the Indian River.  There are 30 homes in this community which is adjacent to the Windmill Village community and shares the Aqua Ra Road which accesses both subdivisions from A-1-A.

River Watch on Hutchinson Island

Most of these homes are waterfront with access to the Intracoastal Waterway, but suitable mostly for shallower draft vessels and the unusual stipulation that they access the river without the use of gas motors, so only human or electric power for that initial stretch of water.

River Watch on Hutchinson Island River Watch on Hutchinson Island

River Watch residents also have easy access to the beautiful beaches on Hutchinson Island by simply walking across the street to their private beach or a short ride to many of the public access beaches available in both Saint Lucie and Martin County beaches.

This is a non-gated community with a very reasonable $220 a month HOA fee which includes your landscaping as well as basic cable TV (as of June 2019).

River Watch on Hutchinson Island River Watch on Hutchinson Island

This excellent location makes it easy to go grocery shopping, boating, spend days on the beach, restaurants and to enjoy all the wonderful amenities offered on the Treasure Coast of Florida.

Click here to see if any homes are available to purchase in River Watch on Hutchinson Island

River Watch on Hutchinson Island June 2019 Market Report

Stuart FL 34997 Residential Market Report May 2019

Stuart FL 34997 Residential Market Report May 2019

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

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

There are currently 336 active listings (Increased by 1 home from April).

Stuart FL 34997 Residential Market Report May 2019 

150 Residential sales are pending and awaiting close or lender approval (Down by 24 homes from April). 

Stuart FL 34997 Residential Market Report May 2019 

100 Homes Sold in May (Decreased by 14 homes from April)

Stuart FL 34997 Residential Market Report May 2019

      The Stuart Florida Residential Market for ZIP Code 34997 had a decrease in both pending and closed sales numbers from last month.  But, remains an extremely strong segment of the Stuart Florida residential real estate market.
     The absorption rate rose to 3.4 months (was 2.9 months for April).  Still in an extreme seller’s market for the 34997 zip code area of Stuart for May 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 May, were: 259 active listings, 156 pending listings, and 93 closed sales.  There’s slightly better sales volume this year and slightly lower pending sales.  Though, we have a considerably greater inventory of available homes for sale in this segment of the Stuart residential real estate market.
Stuart FL 34997 Residential Market Report May 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 May 2019