Search Results for: market report

Canoe Creek January 2017 Market Report

02.02.17 by

Canoe Creek January 2017 Market Report

For January 2017 there are 2 homes for sale in Canoe Creek in Palm City.  These two homes are listed for $448,000 and $599,000 for an average list price of $523,500 or $131.74 per sq. ft. of living area.

There are no homes currently under contract in Canoe Creek in Palm City.

In the past 12 months, 5 homes have sold in Canoe Creek.  Sales prices ranged from $217,500 up to $450,000 for an average sales price of $335,326 which equals $129.68 per sq. ft. of living area.  These homes went under contract in an average of 37 days and sold for 98% of the last listed price.

About Canoe Creek Real Estate in Palm City:

Search for Canoe Creek Homes for Sale

Canoe Creek in Palm City is a wonderful family community filled with just a little over 100 captivating homes that have plenty of room for your family to grow. Each home has a spacious yard with beautiful manicured Florida foliage that creates a tranquil backdrop. Lot sizes in Canoe Creek begin at 1/2 acre with a few lots of up to just over an acre.  Home sizes range from over 4,000 sq. ft. of living area with 5 bedrooms, 5 bathrooms and 3 car garages down to more modest 3 bedroom, 2 bathroom homes of under 2,000 sq. ft. of living area.  Homes in Canoe Creek had numerous builders and were completed between the years of 1980 and 1995.

The neighborhood is approximately 25 minutes from gorgeous stretches of beaches in Stuart. Canoe Creek is close to great ‘A’ rated schools, recreation, and the exciting and beautiful Downtown Stuart while still close to I-95 and Florida’s Turnpike for those needing to commute or wishing to travel either north or south.

Low HOA fees of $150 per quarter make this an easily affordable community in a subdivision that offers privacy with room to spare between homes with individual mostly custom designed and built homes at an affordable price.

Search for Canoe Creek Homes for Sale

Canoe Creek January 2017 Market Report

Murano Homes January 2017 Housing Market Report

01.31.17 by

Murano Homes January 2017 Housing Market Report

Palm City Florida Real Estate

Murano in Palm City Florida
There are currently 5 homes on the MLS in Murano with prices ranging from $299,900 to $379,900. This equals an average list price of  $337,900 or $133.67 per sq. ft. of living area.
There is 1 home under contract at this time in the Murano subdivision of Palm City, FL. This home was listed for $329,999 or $131.68 per sq. ft. of living area.  An offer was accepted for this home only 6 days after being listed.
In the past year, 12 homes have sold in Murano with sales prices ranging from $259,000 to $315,000 for an average sales price of $288,563 which equals $128.21 per sq. ft. of living area.  The average days on market before going under contract was 63 and the list to sales price ratio was 95%..
Murano Homes in Palm City FLConveniently located off of martin Downs Blvd and Sunset Trail, Murano is a new home community with 110 homes. Originally developed by Home Dynamics with homes built in 2007 and later this community was taken over by D. R. Horton with building resuming in 2011 to the present. Murano homes range from two story 5 Bedroom 4 bathroom homes of 0ver 3,200 sq. ft. to single story 2 Bedroom, 2 bath homes of just over 1,700 sq. ft.

This is a very family friendly neighborhood close to schools, shopping and Florida’s Turnpike for commuters. There is a community pool and low HOA fees of approximately $65 per month (as of this writing).

There may be a few new D. R. Horton homes available for sale, but this community is just about sold out so call us for details.

  • For the D.R. Horton homes, highlights include:
  • Choice of 5 NEW Floor plans
  • GE Appliance Package
  • Various home sites available including lakefront
  • Community Swimming Pool and Cabana
  • Top Rated Palm City Schools
  • Easy commute via I-95 or Florida Turnpike
  • Close proximity to area recreation including beaches, parks, boating, fishing and all types of water sports
  • Shopping, entertainment and restaurants are all nearby.

We are very excited to be able to offer some special promotional packages not available directly from the builder.

 Murano Homes in palm City Florida

  Search here for:

Murano Homes for Sale

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

Murano Homes January 2017 Housing Market Report

 

January 2017 Archipelago Real Estate of Sewalls Point Market Report

01.30.17 by

Archipelago of Sewalls Point January 2017 Market Report

For January 2017 there is only 1 active listing in the Archipelago of Sewalls Point.  The list price is $2,175,000 or $569.67 per sq. ft. of living area.

There are no homes are currently under contract.

In the past 12 months, there have been 3 homes sold in the Archipelago of Sewalls Point. These homes sold for $600,000 up to $1,425,000 for an average sales price of $1,001,333 which equals $313.23 per sq. ft. of living area.  These sales averaged 88% of the list price and were on the market for an average of 521 days prior to going under contract.

Aerial of 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.

 View of the Archipelago of Sewalls Point

View of 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

 

View all of our Listings

 

Sewalls Point  Real Estate is presented by:

the Gabe Sanders real estate team

January 2017 Archipelago Real Estate of Sewalls Point Market Report

Monarch Country Club January 2017 Market Report

01.28.17 by

Monarch Country Club January 2017 Market Report

There are currently 7 active listings in the Monarch Country Club.  List prices range from $284,500 up to $525,000 for an average list price of $417,600 which works out to $185.92 per sq. ft. of living area.

There are 5 homes under contract which have not yet closed in Monarch.  List prices range from $263,500 to $445,000 for an average of $336,300 or $169.68 per sq. ft. of living area.  These homes were on the market for an average of 68 days before going under contract.

In the past year (12 months back), 40 homes have sold in the Monarch Country Club.  Sales prices ranged from a low of $195,000 up to $590,000 for an average sales price of $380,920 or $164.65 per sq. ft. of living area.  These homes sold on average at 96% of the last list price and were on the market for an average of 45 days before going under contract.

About the Monarch Country Club

One of Palm City’s premier neighborhoods, Monarch Country Club is home to the ‘Monarch’ Golf Course in a wonderful gated community of approximately 500 homes.

entrance to the Monarch Country Club

Homes in the Monarch Country Club range in size from estate sized homes with over 3,800 sq. ft. of living area and up to 5 bedrooms and 4 bathrooms with 3 car garages down to smaller attached villas with a more modest 1,300 sq. ft. of living area and 2 bedrooms, 2 bathrooms and a 2 car garage.  For those living in the Monarch Country Club, membership in the golf club is not mandatory and there are a number of social memberships also available including tennis and community pool memberships.

clubhouse of the Monarch Country Club

As of January 2017, the HOA fees (not including golf or social) ranged from just under $400 up to $450 a month depending on the size and the section of Monarch the home is located in. All ages and pets are welcome in Monarch and children are currently zoned to attend the Bessey Creek Elementary School, Hidden Oaks Middle School and Martin County High School.

swimming pool of the Monarch Country Club

This community is well located in Palm City close to Florida’s Turnpike for commuters and with easy access to shopping, restaurants, medical facilities and the many boat ramps and waterways in Martin County.

tennis courts in the Monarch Country Club

The championship course at Monarch boasts 6,867 yard par 72 with a slope of 133 and a rating of 73.6.  Shorter options exist for all levels of play.  This is an Arnold Palmer designed course that opened in 1987 and is currently managed as a ClubCorp facility.

clubhouse at the Monarch Country Club

There’s a beautiful clubhouse with pro shop, fine dining room, snack bar and outside bar that is open to club members and residents of Monarch Country Club.  The two story structure offers beautiful views of the emerald green fairways of the ‘Monarch’ course at the Monarch Country Club.  This fine facility is also available for business, social conferences and weddings.  Adjacent to the clubhouse is a professional caliber tennis facility with six perfectly maintained, lighted Har-Tru courts. A full-service Pro Shop is available to suit all of your needs. Lessons, groups, tournaments are all accommodated by the friendly staff.

Homes in the Monarch Country Club

Currently there are a number of fine homes available for sale in the Monarch Country Club, ranging from smaller attached villas to larger estate homes with magnificent lake and golf course views.

Here are the currently available Monarch Country Club Homes for Sale

Monarch Country Club January 2017 Market Report

 

Leilani Heights Jensen Beach January 2017 Market Report

01.27.17 by

Leilani Heights Jensen Beach January 2017 Market Report

There are 5 currently active listings in Leilani Heights as of January 2017.  The list prices are $179,900 to $245,000 for an average list price of $219,540 or $178.57 per sq. ft. of living area.

There are no homes under contract at this time.

In the past year, there have been 20 homes sold in Leilani Heights.  Sales prices ranged from $108,000 to $257,000 with the average sales price being $198,450 which equates to $132.96 per sq. ft. of living area.  The average days on market prior to an accepted offer was 62 days and these sales averaged at 97% of the list price.

Located so closely to the many exciting and beautiful places in Jensen Beach, Leilani Heights has been a well known family oriented neighborhood for many years. Leilani Heights is within walking distance from the Five Star Jensen Beach Elementary School that has earned an “A” rating for 5 years in a row! The Lelaini Heights neighborhood is also located less than 10 minutes from Jensen Beach High School, a newer facility filled with fantastic teachers and sports programs. If you are a beach lover then you are in luck! Living in Leilani Heights, you are only a few minutes from having your toes in the sand. Want to enjoy downtown Jensen Beach? Then you are only five minutes away! Treasure Coast Square Mall is also just a short ride away! So if you want to be close to the five star schools, beaches, quality restaurants, the mall, family sports and recreation areas then Leilani Heights is your perfect fit.

Leilani Heights real estate in Jensen Beach Leilani Heights real estate in Jensen Beach

Leilani Heights real estate in Jensen Beach Leilani Heights real estate in Jensen Beach

Search for available Leilani Heights homes for sale

Hobe Sound FL 33455 Condo Market Report December 2016

01.25.17 by

Hobe Sound FL 33455 Condo Market Report December 2016

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for December 2016

 

For December 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 11 active condo listings. (Unchanged from November)

Hobe Sound FL 33455 Condo Market Report December 2016

2 Condos are pending and awaiting close. (Down by 2 pending condos from November)

Hobe Sound FL 33455 Condo Market Report December 2016

4 Condos sold in December. (Increased by 4 closed sales from November)

 Hobe Sound FL 33455 Condo Market Report December 2016

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory remained unchanged while closed sales were up, while pending sales were off.

The absorption rate for Hobe Sound condos was 2.75 months for December  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 on 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 December 2015 numbers were: 4 active listings, 1 pending sales and 1 closed sales.  It’s very difficult to make meaningful comparisons with such low numbers of sales and inventory, though there is increased activity for this year when compared with 2015.

Hobe Sound FL 33455 Condo Market Report December 2016

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report December 2016

Hobe Sound FL 33455 Residential Market Report December 2016

01.24.17 by

Hobe Sound FL 33455 Residential Market Report December 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for December 2016

  For December 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 206 active listings. (Up by 3 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2016

57 Residential sales are pending and awaiting close  (Down by 7 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2016

40 Homes Sold in December (Up by 7 homes from last month)

Hobe Sound FL 33455 Residential Market Report December 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County showed improved activity to end the year with increased closed sales and a small increase in inventory.  Pending sales were down for this month as compared to November.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dipped to 5.2 months (6.5 months in November).  Once again, a seller’s market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for December 2015 were:  187 active listings, 61 pending sales and 40 closed sales.  Overall, better activity with increased inventory as well as more pending and closed sales for 2016 when compared to December 2015.

Hobe Sound FL 33455 Residential Market Report December 2016

Search here for Hobe Sound Florida Real Estate for Sale

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

Hobe Sound FL 33455 Residential Market Report December 2016

Jensen Beach FL 34957 Condo Market Report December 2016

01.23.17 by

Jensen Beach FL 34957 Condo Market Report December 2016

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for December 2016

 

For December 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 134 active listings. (Decreased by 8 condos from November)

Jensen Beach FL 34957 Condo Market Report December 2016

26 Condo sales are pending and awaiting settlement. (Down by 2 condos from November)

Jensen Beach FL 34957 Condo Market Report December 2016

19 Condos Sold (Up by 10 condos from November)

Jensen Beach FL 34957 Condo Market Report December 2016

 The Jensen Beach FL 34957 Condo Market Report for December came back strong after a very weak November.  Sales were up and the inventory decreased.  Unfortunately, pending sales also decreased.

The one month absorption rate for the December 2016, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 7.1 months (from 14.2 months in November), still a buyers market but getting back towards a balanced market once again.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The December 2015 numbers were: 37 active listings, 12 pending sales and 7 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach FL 34957 Condo Market Report December 2016

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report December 2016

Jensen Beach FL 34957 Residential Market Report December 2016

01.22.17 by

Jensen Beach FL 34957 Residential Market Report December 2016

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for December 2016

 For December 2016 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 183 active listings. (Down by 4 homes from last month)

Jensen Beach FL 34957 Residential Market Report December 2016

53 Residential sales are pending and awaiting close or lender approval. (Decreased by 8 homes from November)

Jensen Beach FL 34957 Residential Market Report December 2016

33 Homes Sold (Down by 5 homes sales from November)

Jensen Beach FL 34957 Residential Market Report December 2016

The Jensen Beach FL 34957 Residential Market has eased from last month, thought still an active market.  Inventory was off slightly after two months og gains while both pending and closed sales decreased for December.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.5 months ( was 4.9 months in November).  Still in a sellers’ market for the Jensen Beach residential real estate segment.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The December 2015 numbers were: 121 active listings, 68 pending sales and 28 home sales closed.  Higher sales volume this year, thoguh with considerably greater inventory.  Pending sales are off as well when compared to last year.
Jensen Beach FL 34957 Residential Market Report December 2016

Search here for Jensen Beach Real Estate for Sale

Residential Properties

Land Properties

Rental Properties

Commercial Properties

Residential Income Properties

 

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

Jensen Beach FL 34957 Residential Market Report December 2016

January 2017 Pinecrest Lakes Housing Market Report

01.22.17 by

January 2017 Pinecrest Lakes Housing Market Report

There are 8 actively listed homes for sale in the Pinecrest Lakes community as of January 2017.  Listing prices range from $375,000 to $549,900 for an average list price of $475,111 which equates to an average of $161.72 per sq. ft. of living area.
There are 2 homes under contract and awaiting closing. The list prices of these homes are $384,500 and $485,000 for an average list price of $434,750 which is $167.34 per sq. ft. of living area.  These homes averaged 131 days on the market before an accepted offer.
In the past 12 months, 25 homes have sold in Pinecrest Lakes with sales prices ranging from $245,000 to $570,000 or an average sales price of $405,804 which is $157.75 per sq. ft. of living area.  These sales averaged 84 days on market and sold at 95% of list price.

About Pinecrest Lakes in Jensen Beach:

Pinecrest Lakes Homes for Sale

The Pinecrest Lakes community of Jensen Beach FL was first developed in the late 70’s and early 80’s 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 Homes for Sale

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.

 

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

 

January 2017 Pinecrest Lakes Housing Market Report

Palm City FL 34990 Condo Market Report December 2016

01.21.17 by

Palm City FL 34990 Condo Market Report December 2016

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for December 2016

 

For December 2016 in the 34990 Zip Code area of Palm City, Florida :



There are currently 86 active condo listings. (Increased by 6 condos from November)

   Palm City FL 34990 Condo Market Report December 2016

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

Palm City FL 34990 Condo Market Report December 2016

4 Condos Sold in December. (Up by 1 condos from November)

Palm City FL 34990 Condo Market Report December 2016

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  The inventory has risen considerably in the past few months while pending and closed sales have not kept pace.

The current absorption rate for condos in the 34990 zip code area jumped up to 21.5 months (was 40 months in December). Still an extreme buyers’ market for Palm City condominiums but trending in the right direction.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The December 2015 numbers were: 52 active listings, 9 pending sales and 4 closed sales.   Very similar closed and pending sales volume, though at a considerably greater inventory, so by percentage the activity is greatly reduced for this year.
Palm City FL 34990 Condo Market Report December 2016

Stuart Florida Real Estate presented by:
Gabe Sanders

 

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report December 2016

Palm City FL 34990 Residential Market Report December 2016

01.20.17 by

Palm City FL 34990 Residential Market Report December 2016

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for December 2016

For December 2016 in the 34990 Zip Code area of Palm City Florida :

 

There are currently 416 active listings (Decreased by 16 homes from November)

Palm City FL 34990 Residential Market Report December 2016

 92 Residential sales are pending and awaiting close or lender approval. (Down by 9 homes from last month)

Palm City FL 34990 Residential Market Report December 2016

65 Homes Sold in November (Up by 13 homes from November)

Palm City FL 34990 Residential Market Report December 2016

The Palm City FL, zip code 34990 residential real estate market had a drop in inventory after two months of increases.  Closed sales were up strongly for December from last month, while pending sales saw a decline.
The monthly absorption rate decreased to 6.4 months from 8.3 months in November.  Back into a balanced market for the Palm City zip code 34990 area for residential sales.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The December 2015 numbers were:  375 active listings, 114 pending sales and 60 closed sales.  With higher inventory this year, there are fewer closed sales and a little improved closed sales numbers.

Palm City FL 34990 Residential Market Report December 2016

 Search here for Palm City Florida Real Estate for Sale

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

Palm City FL 34990 Residential Market Report December 2016

Stuart FL 34997 Condo Market Report December 2016

01.19.17 by

Stuart FL 34997 Condo Market Report December 2016

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2016

For December 2016 in the 34997 Zip Code area of Stuart, Florida :

There are currently 83 active condo listings (Increased by 10 condos from November).

Stuart FL 34997 Condo Market Report December 2016

29 Condo sales are pending and awaiting close or lender approval (Up by 9 condos from November).

Stuart FL 34997 Condo Market Report December 2016

11 Condos Sold in December (Increased by 3 condos from November).

Stuart FL 34997 Condo Market Report December 2016

     The Stuart FL condo market for zip code 34997 showed continued improvement from last month and is trending towards a more robust real estate market.
     The absorption rate dropped to 7.5 months in December from 9.1 months for November.  Continuing as a buyers’ market for the 34997 zip code of Stuart FL, though tending in the right direction. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The December 2015 numbers were: 63 active listings, 19 pending sales and 21 closed sales.  Better sales numbers from last year, though the pending listings this year look promising.

Stuart FL 34997 Condo Market Report December 2016

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2016

Stuart FL 34997 Residential Market Report December 2016

01.18.17 by

Stuart FL 34997 Residential Market Report December 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for December 2016

There are currently 334 active listings (Increased by 6 homes from November).

Stuart FL 34997 Residential Market Report December 2016

120 Residential sales are pending and awaiting close or lender approval (Down by 18 homes from November).

Stuart FL 34997 Residential Market Report December 2016

69 Homes Sold in December (Increased by 7 homes from November)

Stuart FL 34997 Residential Market Report December 2016

      The Stuart Florida Residential Market for ZIP Code 34997 is the largest segment of the Stuart FL residential real estate.  2016 ended with strong activity and a continued advantage for sellers in this segemtn of the Stuart residential real estate market.
     The absorption rate decreased to 4.8 months (was 5.3 months for November).  Increasing the sellers market for the 34997 zip code area of Stuart.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2015 numbers for December, were: 308 active listings, 163 pending listings and 62 closed sales.  Slightly better closed sales for this year, but considerably lower pending sales with greater inventory.
Stuart FL 34997 Residential Market Report December 2016

Search here for 34997 Zip Code of Stuart FL real estate for sale

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

Stuart FL 34997 Residential Market Report December 2016

Lake Tuscany January 2017 Market Report

01.18.17 by

Lake Tuscany January 2017 Market Report

As of January 2017, there are 2  homes available for sale in Lake Tuscany with listing prices of $$460,000 and $479,000 for an average list price of $469,500 which is a price per square foot of living area of $122.50.

There is one home currently under contract and awaiting settlement in Lake Tuscany. List price was $399,000 or $111.45 per sq. ft. of living area.  This home was on the market for 152 days before going under contract.

In the past 12 months, 12 homes have sold in Lake Tuscany ranging in sales price from $382,500 to $480,000 for an average sales price of $422,125 which equals $150.86 per sq. ft. of living area.  These homes took an average of 38 days on market to go under contract and sold at 98% of list price.

About Lake Tuscany:

Lake Tuscany real estate Stuart FL

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 $398 per quarter.  These fees cover security, the common areas and lake upkeep, basic cable, trash collection and front landscaping.  The Lake Tuscany property owners web site 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 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 January 2017 , 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 January 2017 Market Report

 

Stuart FL 34996 Condo Market Report December 2016

01.17.17 by

Stuart FL 34996 Condo Market Report December 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for December 2016

For December 2016 in the 34996 Zip Code area of Stuart, Florida :

There are currently 153 active condo listings (Unchanged from last month).

Stuart FL 34996 Condo Market Report December 2016

35 Condo sales are pending and awaiting close or lender approval (Increased by 1 condos from November).

Stuart FL 34996 Condo Market Report December 2016

20 Condos Sold in December (Up by 8 condos from November) 

Stuart FL 34996 Condo Market Report December 2016

The Stuart FL 34996 Condo Market of Stuart continued to show improving sales and pendings though it is still trying to catch up with the increases in inventory from the past few months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 7.65 months from November’s 12.8 months.  Remaining in a buyers market for this segment of Martin County condos but trending in the right direction.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for December 2015 were: 102 active listings, 31 pending sales and 18 closed sales.  Fairly similar closed and pending volume as compared to December of 2015, but the inventory is considerably higher this year when compared to 2015.

Stuart FL 34996 Condo Market Report December 2016

Search Stuart FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report December 2016

Osprey Cove in Hobe Sound January 2017 Market Report

01.17.17 by

Osprey Cove in Hobe Sound January 2017 Market Report

There are currently 7 homes for sale in Osprey Cove in Hobe Sound, FL.  Listing prices range from $625,000 to $1,150,000 for an average list price of $736,714 or a price per square foot of living area of $231.04.

There are 3 homes under contract which have not closed to date.  List prices are from $649,900 up to $799,000 for an average list price of $732,633 or $240.87 per sq. ft. of living area.  These homes were on the market for an average of 76 days before accepting these offers.

In the past 12 months, 8 homes have sold in Osprey Cove with sales prices ranging from $440,000 to $793,000 for an average sale price of $602,625 or $220.82 per sq. ft. of living area. These sales averaged 75 days on the market and sales prices averaged 95% of list price.

Osprey Cove in Hobe Sound

Clubhouse

Osprey Cove in Hobe Sound, Florida is a waterfront community off of Gomez Avenue in the vibrant Hobe Sound area of Martin County, Florida.  It is also known as the Osprey Cove Yacht Club and boasts 32 deep water boat slips just off the Intracoastal Waterway.  There are only 86 homes in this gated community that broke ground in late 2000 with homes being completed from 2000 through 2006.   Homes range in size from 3 bedroom, 3 bathroom, 2 car garage homes of 2,230 sq. ft. to 5 bedroom, 4 and 1/2 bathroom, 3 car garage pool homes of over 4,000 sq. ft. of living area.  There’s also a community pool and tennis court available to all residents.

Osprey Cove in Hobe SoundFor boaters, the docks are approximately 5 miles from the Saint Lucie Inlet of Martin County and just under 10 miles from the Jupiter Inlet in Palm Beach County.  All Osprey Cove residents enjoy easy access to shopping, restaurants and the pristine beaches of Jupiter Island in Martin County.

Osprey Cove in Hobe Sound

For families, the Martin County School District is one of the highest rated in Florida and children attend the Hobe Sound elementary school, Murray middle school and South Fork high school.  There are also a number of excellent private schools located nearby, including the Pine School.

Osprey Cove in Hobe Sound

You can find additional information at the Osprey Cove in Hobe Sound Homeowner’s Association web page.

Osprey Cove in Hobe Sound January 2017 Market Report

For any questions you may have about Osprey Cove in Hobe Sound, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Hobe Sound Florida Real Estate

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

Osprey Cove in Hobe Sound January 2017 Market Report

Stuart FL 34996 Residential Market Report December 2016

01.16.17 by

Stuart FL 34996 Residential Market Report December 2016

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for December 2016

 

For December 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 169 active listings (Down by 17 homes from November).

Stuart FL 34996 Residential Market Report December 2016

31 Residential sales are pending and awaiting close or lender approval (Up by 7 homes from November).

Stuart FL 34996 Residential Market Report December 2016

17 Homes Sold in December (Increased by 8 homes from November).

Stuart FL 34996 Residential Market Report December 2016

The 34996 zip code area of the Stuart Florida residential real estate market showed a nice strong finish for the end of the year with improved sales and pending activity along with a drop in inventory.

The one month absorption rate for the 34996 zip code area of Stuart Florida for December dropped to 9.9 months as compared to November’s 20.6 months.  Still a buyers’ market for the 34996 zip code area of Stuart FL but trending in the right direction.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for December of 2015 were: 170 active listings, 24 pending sales and 12 closed sales.  The end of 2016 had stronger activity when compared to the finish of 2015.

Stuart FL 34996 Residential Market Report December 2016

 Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report December 2016

Stuart FL 34994 Condo Market Report December 2016

01.15.17 by

Stuart FL 34994 Condo Market Report December 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for December 2016

For December 2016 in the 34994 Zip Code area of Stuart, Florida :

There are currently 86 active condo listings (Down by 12 condos from November).

Stuart FL 34994 Condo Market Report December 2016

36 Condo sales are pending and awaiting close or lender approval. (Increased by 6 condos from last month) 

Stuart FL 34994 Condo Market Report December 2016

13 Condos Sold in December (Down by 7 condos from November).

Stuart FL 34994 Condo Market Report December 2016

The Stuart FL 34994 Condo market had a drop in inventory for this month and an increase in pending sales but also a decrease in closed sales.

The absorption rate for December dropped to 6.6 months compared to last month’s 4.9.  Moving back into a balanced 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 or sellers have an advantage in the real estate market.

Last December the numbers were 93 active listings, 29 pending sales, and 17 closed sales.   Similar activity as compared to last year with a bit more closed sales and slightly less pending sales from last year.

Stuart FL 34994 Condo Market Report December 2016

Stuart, FL Real Estate

Business Opportunity Properties

Commercial Properties

Land Properties

Rental Properties

Residential Properties

Residential Income Properties

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

Stuart Florida Market Report ZIP Code 34994 – Condo, December 2016

Stuart Florida Market Report ZIP Code 34994 Residential December 2016

01.14.17 by

Stuart Florida Market Report ZIP Code 34994 Residential December 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for December 2016

For December, 2016 in the 34994 Zip Code area of Stuart, Florida :

There are currently 52 active listings (Increased by 7 homes from November)

Stuart Florida Market Report ZIP Code 34994 Residential December 2016

18 Residential sales are pending and awaiting close or lender approval (Decreased by 13 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential December 2016

19 Homes Sold in November (Up by 5 homes from November)

Stuart Florida Market Report ZIP Code 34994 Residential December 2016

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues with very strong activity.  The issue is once again becoming the inventory with very few numbers of available homes for sale on the market.

The one month absorption rate for the 34994 zip code for December declined to 2.7 months from 3.2 months for November.  Continuing as a very strong sellers’ market for the 34994 zip code area of Stuart, FL.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The December 2015 numbers were 59 Active Listings, 19 pending sales and 12 closed sales.  Stronger activity for this December with lower inventory.

Stuart Florida Market Report ZIP Code 34994 Residential December 2016

Search here for Stuart Florida Real Estate for Sale

 

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

 

Stuart, FL Real Estate

Business Opportunity Properties

Commercial Properties

Land Properties

Rental Properties

Residential Properties

Residential Income Properties

Stuart Florida Market Report ZIP Code 34994 Residential December 2016