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Palm City FL 34990 Condo Market Report October 2016

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

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

There are currently 76 active condo listings. (Increased by 5 condos from September)

9 Condo sales are pending and awaiting close or lender approval. (Unchanged from last month)

5 Condos Sold in October. (Up by 1 condos from September)

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. Inventory has been rising for a few months now and closed sales are not increasing enough to offset this increase even though it has increased.

The current absorption rate for condos in the 34990 zip code area dropped to 15.2 months (was 17.8 months in October). Remaining a strong buyers’ market for Palm City condominiums. A balanced market is considered to be an absorption rate of around 6 to 7 months.

The October 2015 numbers were: 54 active listings, 10 pending sales and 3 closed sales. A little more closed activity this year, but this is with a significantly greater inventory of active condos listed for sale.

Palm City FL 34990 Condo Market Report October 2016

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Palm City FL 34990 Condo Market Report October 2016

Palm City FL 34990 Residential Market Report October 2016

11.20.16 by Gabe Sanders

Palm City FL 34990 Residential Market Report October 2016

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

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

There are currently 400 active listings (Increased by 23 homes from September)

114 Residential sales are pending and awaiting close or lender approval. (Down by 7 homes from last month)

55 Homes Sold in September (Up by 1 homes from September)

The Palm City FL, zip code 34990 residential real estate market activity is showing some weakness going into a buyers market for the first time in years. Inventory is up above last year while sales and ending sales have decreased.

The monthly absorption rate increased to to 7.3 months from 7 months in September. Now a buyers market for the first time in a few years 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 October 2015 numbers were: 377 active listings, 137 pending sales and 58 closed sales. This is the second month with weaker activity for this year as compared to last year.

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Palm City FL 34990 Residential Market Report October 2016

Island Club Condos November 2016 Market Report

11.20.16 by Gabe Sanders

Island Club Condos November 2016 Market Report

In late November 2016 there were 3 condos for sale in the Island Club on Hutchinson Island which is also sometimes called the Hutchinson Island Club. These 3 condos are listed from $275,000 up to $399,900 for an average list price of $326,600 or $224.93 per sq. ft. of living area.

There is one condo currently under contract which has not sold to date. The list price was $279,900 or $192.77 per sq. ft. of living area. This condo was on the market for 38 days before going under contract.

In the past 12 months, 4 condos have sold. Sales prices ranged from $260,000 up to $375,000 for an average sales price of $322,500 which is equal to $222.11 per sq. ft. These units sold for an average of 94% of list price and averaged 95 days on market prior to going under contract.

The Island Club Condos in Jensen Beach

The Island Club Condos of Jensen Beach are also known as the Hutchinson Island Club. This one of a kind condo building was built in 1977 just to the south of the Waveland Public beach on Saint Lucie County to the north of the Jensen Beach Causeway. There are 92 residences in this 11 story building.

The Island Club is unique because it features spectacular ocean views from floor to ceiling windows in all units. All of these condos are also considerably larger than your average oceanfront offering with a number of 2 story 3 bedroom plus den, 3 bathroom condos of 2,524 sq. ft. not including the balconies as well as roomy 2 bedroom, 2 bath condos with 1,452 sq. ft. of living area. Some units have a detached one car garage. Though there is reserved parking and ample guest parking for all.

Amenities in the Island Club are a heated a pool, Jacuzzi, fitness room, kitchen, social area, billiard room, library, bar, BBQ grills, gazebo, sauna and shuffleboard courts. All of this for just over $600 a month condo fees plus some for larger units and those that come with a one car garage.

Sorry, no pets are permitted in the Island Club, but rentals are allowed with some restrictions.

If you’re in the market for unparalleled views from a spacious home on the ocean, the Hutchinson Island Club may be the perfect spot for you.

Click here for currently available Island Club Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise – Ocean Bay Villas – Princess – Regency –Sand Dollar Shores – Sea Winds – Villa del Sol

Stuart FL 34997 Condo Market Report October 2016

11.19.16 by Gabe Sanders

Stuart FL 34997 Condo Market Report October 2016

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

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

There are currently 72 active condo listings (Unchaged from September).

Stuart FL 34997 Condo Market Report October 2016

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

Stuart FL 34997 Condo Market Report October 2016

6 Condos Sold in October (Decreased by 10 condos from September).

Stuart FL 34997 Condo Market Report October 2016

The Stuart FL condo market for zip code 34997 had reduced sales activity and increased inventory for October 2016 with a promising increase in pending sales.

The absorption rate dropped to 12 months in October from 4.5 months for September. A buyers’ market for the first time in a while for 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 October 2015 numbers were: 59 active listings, 21 pending sales and 12 closed sales. Better pending activity this year with less closed sales activity. The inventory is up.

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

The Arbors in Hobe Sound November 2016 Market Report

11.19.16 by Gabe Sanders

The Arbors in Hobe Sound November 2016 Market Report

There are 4 available homes for sale in The Arbors as of November 2016. List prices range from $435,000 up to $629,900 for an average of $517,975 which equals $201.22 per sq. ft. of living area.

There is one home under contract which has not completed the sales process. The list price is $570,000 or $192.57 per sq. ft. of living area. This home was on the market for 43 days prior to going under contract.

In the past 12 months, 9 homes have sold in the Arbors. Sales prices ranged from $345,000 up to $584,000 for an average sales price of $471,000 which equals $188.70 per s. ft. of living area. These sales averaged at 96% of the listed price and were on the market for an average of 104 days prior to entering into an agreement for sale.

In northern Hobe Sound just west of Federal Highway and off of Seabranch Avenue is the exclusive 190 homes of the Arbors. This exclusive gated community of upscale homes all border on lakes or preserve with generous lots and elbow room not found in many modern developments. In addition to the two serene lakes the Arbors also contains generous nature preserves to protect the indigenous hardwoods and pines as well as offering a home to native flora and fauna. Residents of the Arbors enjoy seeing endangered srub jays and gopher tortoises as well as pairs of sandhill cranes. To enjoy the surrounding 100 acres of protected preserve areas, the Arbors has set up a walking trail through much of this land. Great for a morning walk or excellent exercise for those that wish to go for a run or jog.

All this in a location that is just minutes from many championship golf courses, the beautiful beaches of the Atlantic Ocean and the marinas and waterways of Martin County. Close to Martin County’s ‘A’ rated schools, shopping centers, medical facilities and all necessary urban services yet in a quiet peaceful setting. The Arbors is less than an hour away from Palm Beach International Airport and just about equi-distant from Miami and Orlando, both only two hours by car.

The Arbors is a wonderful place to call home.

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Stuart FL 34997 Residential Market Report October 2016

11.18.16 by Gabe Sanders

Stuart FL 34997 Residential Market Report October 2016

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

There are currently 331 active listings (Increased by 21 homes from September).

132 Residential sales are pending and awaiting close or lender approval (Unchanged from September).

58 Homes Sold in October (Decreased by 41 homes from September)

The Stuart Florida Residential Market for ZIP Code 34997 is the largest segment of the Stuart FL residential real estate and for this month there was a sizeable slowdown in closed sales along with a big jump in inventory.

The absorption rate decreased slightly to 5.7 months (was 3.5 months for September). Almost back up to a balanced market for the 34997 zip code area of Stuart FL. Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.

The 2015 numbers for October, were: 308 active listings, 163 pending listings and 66 closed sales. Considerably stronger activity last year with less inventory.

Stuart FL 34997 Residential Market Report October 2016

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

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Stuart FL 34997 Residential Market Report October 2016

Stuart FL 34996 Condo Market Report October 2016

11.17.16 by Gabe Sanders

Stuart FL 34996 Condo Market Report October 2016

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

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

There are currently 137 active condo listings (Up by 5 condos last month).

23 Condo sales are pending and awaiting close or lender approval (Decreased by 2 condos from September).

11 Condos Sold in October (Down by 10 condos from September)

The Stuart FL 34996 Condo Market of Stuart eased off in closed and pending sales while continuing to gain in inventory. This is not an unexpected result as we are in the slower season for condo sales which traditionally rely on the second home market.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 jumped to 12.5 months from September’s 6.3 months. A buyers market as the condo season winds down for the end of the season. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for October 2015 were: 79 active listings, 29 pending sales and 26 closed sales. Considerably stronger condo market last year.

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Stuart FL 34996 Condo Market Report October 2016

Stuart FL 34996 Residential Market Report October 2016

11.16.16 by Gabe Sanders

Stuart FL 34996 Residential Market Report October 2016

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

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

There are currently 174 active listings (Up by 13 homes from September).

25 Residential sales are pending and awaiting close or lender approval (Down by 2 homes from September).

15 Homes Sold in October (Increased by 2 homes from September).

The 34996 zip code area of the Stuart Florida residential real estate market improved for October 2016 after a weaker previous two months.

The one month absorption rate for the 34996 zip code area of Stuart Florida for October decreased to 11.6 months as compared to September’s 12.4 months. The third month in a row as a buyers’ market for the 34996 zip code area of Stuart FL after a long string of being in a sellers market. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for October of 2015 were: 161 active listings, 17 pending sales and 12 closed sales. Improved sales activity from last year with an increase in inventory as well.

Stuart FL 34996 Residential Market Report October 2016

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Stuart FL 34996 Residential Market Report October 2016

Stuart FL 34994 Condo Market Report October 2016

11.15.16 by Gabe Sanders

Stuart FL 34994 Condo Market Report October 2016

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

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

There are currently 93 active condo listings (Up by 1 condos from September).

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

14 Condos Sold in October (Down by 4 condos from September).

The Stuart FL 34994 Condo market moderated for last month after a pretty strong summer. This is what we expect for the condo market in this time of the year. This should continue until the first of the year when activity will pick up steam once again.

The absorption rate for October increased to 6.5 months compared to last month’s 5.1. Moving into a balanced market for this condo segment of Stuart’s 34994 zip code area. In line for summer condo activity for the 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 October the numbers were 87 active listings, 28 pending sales, and 15 closed sales. Very similar activity when compared to last year.

Stuart, FL Real Estate

Business Opportunity Properties

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

Stuart Florida Market Report ZIP Code 34994 Residential October 2016

11.14.16 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34994 Residential October 2016

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

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

There are currently 56 active listings (Decreased by 8 homes from September)

32 Residential sales are pending and awaiting close or lender approval (Decreased by 2 homes from last month).

16 Homes Sold in September (Up by 5 homes from September)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had very strong activity for what is typically a slow month for the area. Unfortunately the inventory of active listings is getting a bit to small once again.

The one month absorption rate for the 34994 zip code for October plunged to 3.5 months from 5.8 months for September. Back into a 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 October 2015 numbers were 55 Active Listings, 30 pending sales and 8 closed sales. A much improved market for this year when compared with last year..

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Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 Residential October 2016

November 2016 Market Report for Legacy Cove in Stuart Florida

11.14.16 by Gabe Sanders

November 2016 Market Report for Legacy Cove in Stuart Florida

There are currently 6 homes for sale in Legacy Cove in Stuart, FL. Listing prices range from $309,900 to $459,000 for an average listing price of $384,450 or a price per square foot of living area of $162.96.

There are three homes under contract. List prices are $289,000 up to $407,900 for an average list price of $338,267 which equals $175.42 per sq. ft. of living area. These three homes were on the market for an average of 63 days before going under contract.

In the past 12 months, 10 homes have sold in Legacy Cove with sales prices ranging from $329,000 up to $486,900 for an average sales price of $368,344 or $159.12 per sq. ft. of living area. These sales averaged 97% of list price and went under contract in an average of 51 days after going on the market.

Legacy Cove in Stuart Florida is a gated lakeside community of 229 homes off of Cove Road in Stuart, Florida. Legacy Cove consists of two sections. The first section of 142 homes called the Cove Isle development was mostly completed between 2004 and 2005. The newer section, called the Cove Lakes development consists of 87 home sites with construction that began in 2007. Some homes are yet to be completed in Cove lakes.

There’s a wide variety of homes in Legacy Cove, ranging for the smallest, a 3 bedroom, 2 bathroom, 2 car garage with a little under 1,600 square feet of living area to 4, possible 5 bedroom, 3 and a 1/2 bathroom, 3 car garage two story homes with almost 4,000 square feet of living area. And many sizes in between.

Legacy Cove boasts a community pool and club house with a fitness center as well as two hard surfaced tennis courts. Many homes in Legacy Cove in Stuart Florida have serene lake views and a comfortable private feeling. Located just minutes from I-95, this is a great location for those wishing to take advantage of Martin County’s amenities while still having an easy commute to work either north or south.

Legacy Cove is in an ‘A’ Martin County school system with children currently attending Pinewood elementary school, Dr. David L Anderson middle school and Martin County high school.

The HOA fees are very reasonable at $688.00 per quarter. Management of the community is through Bristol Management of Stuart.

Residents of Legacy Cove in Stuart Florida enjoy a relaxing life style with easy access to restaurants, shopping and the many waterways, beaches and public parks that Martin County has to offer.

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November 2016 Market Report for Legacy Cove in Stuart Florida

Sewalls Point Single Family Market Report October 2016

11.13.16 by Gabe Sanders

Sewalls Point Single Family Market Report October 2016

Sewalls Point Real Estate Snapshot, Residential Sales for October 2016

There are currently 79 active listings (Up by 10 homes since last month)

10 home sales are pending and awaiting close or lender approval (Unchanged from September)

6 Homes sold in October (Decreased by 1 home sales from September)

The single family real estate market in Sewalls Point took a step back for October 2016 after improving numbers throughout the summer. Pending and closed sales remained fairly steady but the inventory of available homes jumped up unexpectedly.

The current absorption rate jumped to 13.2 months, in September it was 9.9 months. Retreating from the improved numbers for last month. 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 October of 2015, the inventory was 62 homes on the market, 9 pending sales and there were 8 closed sales. October 2015 showed greater closed activity, slightly less pending activity though this was with considerably less inventory.

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Sewalls Point Single Family Market Report October 2016

November 2016 Market Report for River Pines in Stuart FL

11.12.16 by Gabe Sanders

November 2016 Market Report for River Pines in Stuart FL

As of November 2016, there are 6 active listings in the River Pines townhomes of Stuart, FL. Listing prices range from $142,500 up to $160,000 which equals an average list price of $150,917 or $117.17 per sq. ft. of living area.

There are 4 homes under contract awaiting sale. List prices are from $134,900 up to $155,000 for an average list price of $142,225 or $110.43 per sq. ft. of living area. These homes went under contract in an average of 27 days.

In the past 12 months, 21 townhomes have sold in River Pines with sales prices ranging from $95,000 to $150,000 for an average sales price of $134,200 which equals $103.37 per sq. ft. of living area. These homes sold at an average of 97% of list price and were under contract in an average of 53 days after going on the market.

Located just off the Intracoastal Waterway off of Cove Road in Stuart is the River Pines community. 396 private residences in quad style town-homes. This community was built in 1981 and 1982 and all homes are 1288 sq. ft. of living area with 2 bedrooms and 2 and ½ baths. There are large private courtyards for each home, some of which the residents have enclosed for added living area.

Only a short walk or bike ride to the Saint Lucie River with access for kayak launch. Boat ramps also nearby. All ages are welcome and 2 small pets are permitted. Each home has 2 reserved parking spots with additional guest parking. Amenities include 2 Community pools, tennis courts and racquetball/handball courts. There’s also a private preserve adjacent to the Intracoastal available exclusively for residents use.

A very well run community with excellent financials. Residents have the option of joining the Miles Grant golf club (just across the street).

As of November, 2014 HOA fees were $160 per month.

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November 2016 Market Report for River Pines in Stuart FL

Sand Dollar Shores Condos on Hutchinson Island November 2016 Market Report

11.11.16 by Gabe Sanders

Sand Dollar Shores Condos on Hutchinson Island November 2016 Market Report

There are four condos available for sale in the Sand Dollar Shores condominium complex on Hutchinson Island in Jensen Beach, FL. List prices range from $204,500 up to $329,000 for an average list price of $264,125 or $248.48 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 17 condos have been sold in Sand Dollar Shores. Sales prices ranged from $170,000 up to $320,500 which works out to an average sales price of $224,529 which is $208.71 per sq. ft. of living area. These condos averaged 69 days on the market before going under contract and sold for 94% of the list price.

About the Sand Dollar Shores Condos on Hutchinson Island

The Sand Dollar Shores condos in Jensen Beach on Hutchinson Island (also known as Sand Dollar Villas) consist of 5 buildings which were completed in 1980. Located approximately 5 miles north of the Jensen Beach Causeway these Sand Dollar Shores condos offer some of the best private ocean access with few crowds and unspoiled beaches.

All condos are 2 bedroom and 2 bathrooms with either 1,113 or 1,053 sq. ft. under roof plus additional balcony space. These Sand Dollar condos offer direct ocean access and have two pools, a clubhouse, fitness room and tennis courts.

Rentals are allowed with a one month minimum stay requirement and 1 large pet is permitted for owners. As of January 2015 the condo fees ranged from $1,199 to $1,299 depending on the building and unit.

This gated community on the crystal clear blue waters of the Atlantic Ocean may be just the right ticket for your Florida home!

Search here for the available Sand Dollar Shores Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club – Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise – Ocean Bay Villas – Princess – Regency – Sea Winds – Villa del Sol

Island Crest Condos on Hutchinson Island November 2016 Market Report

11.10.16 by Gabe Sanders

Island Crest Condos on Hutchinson Island November 2016 Market Report

There are 2 condos available to purchase in Island Crest for November 2016. The list prices of these two Hutchinson Island condos are $275,000 and $314,500 for an average list price of $294,750 or $288.13 per sq. ft. of living area.

There is one condo under contract which has not closed to date. This condo was listed for $295,000 which is $288.13 sq. ft. of living area. This condo was on the market for 24 days before going under contract.

In the past 12 months, 10 Island Crest condos have sold. Sales prices ranged from $187,500 up to $280,000 for an average sales price of $245,250 which works out to $239.74 per sq. ft. of living area. These condos averaged 157 days on market before going under contract and sold for 95% of the final list price.

About Island Crest Condos on Hutchinson Island

The Island Crest Condominium building in Jensen Beach FL on Hutchinson Island was built in 1981 and is a 12 story complex with 126 residential condos. Sizes range from 2 bedroom, 2 bath units with either 1,119 or 1,023 sq. ft. of living area (plus balconies) down to 1 bedroom, 1 bath condos of 899 sq. ft.

Located north of the Jensen Beach causeway and south of the Waveland public beach, Island Crest has many upscale amenities. These include 2 pools, Jacuzzi, clubhouse with social areas and 2 kitchens, fitness room, ocean view billiards, bocce court, 2 tennis courts, basketball, grilling area, car wash and private beach access.

1 small pet is permitted and rentals are allowed with a minimum of 3 months. Island Crest is one of the few condos on Hutchinson Island where trucks are permitted (no commercial trucks). Condo fees are $480 per month (As of October 2016) and include Cable, Common Areas, Elevator, Exterior Electric, Grounds / Plants, Insurance-Bldg, Janitor, Lawn Care, Maintenance Exterior, Management Fees, Pest Control, Pool Service, Reserve Funds, Roof Maintenance, Sewer, Trash Removal, Water.

Click here to see the currently available Island Crest Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise – Ocean Bay Villas – Princess – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Empress Condos on Hutchinson Island November 2016 Market Report

11.08.16 by Gabe Sanders

Empress Condos on Hutchinson Island November 2016 Market Report

There are 2 condos listed for sale in early November if 2016 in the Empress Condominiums of Hutchinson Island. List prices are $350,000 and $390,000 for an average of $370,000 or $258.01 per sq. ft. of living area.

There are 3 Empress Condos currently under contract. List prices range from $299,000 up to $385,000 for an average list price of $329,667 which equals $261.21 per sq. ft. of living area. These condos were on the market for an average of 193 days before going under contract.

In the past 12 months, 4 condos have sold in the Empress. Sales prices ranged from $308,750 up to $$405,000 for an average sales price of $365,438 which works out to $251.22 per sq. ft. of living area. These condos sold for 95% of list price on average and when under contract in an average of 113 days.

The Empress of Jensen Beach on Hutchinson Island is an upscale 15 story oceanfront condo building with 115 residences that was completed in 1988. Located just a couple of miles north of the Jensen Beach Causeway, the Empress is just a short drive to downtown Jensen as well as various shops and restaurants available on Hutchinson Island.

There are various sizes and configurations of condos in the Empress ranging from a 2 very spacious 4 bedroom, 3 bathroom units of 2,804 sq. ft. of living area, along with 3 bedroom, 2 bath units of 1,505 sq. ft. with the remainder 2 bedroom, 2 bathroom condos of either 1,500 or 1,299 sq. ft. of living area.

There is ample assigned and guest parking plus an additional 40 covered detached garages which can be bought and sold between Empress residents. Other community amenities include pool, Jacuzzi, sun deck, card room, club house with kitchen, ping pong, billiards, exercise room, sauna, tennis courts, golf practice net, car wash area and dune walk to beach.

1 small pet under 20 lbs. is allowed and rentals are also allowed with some restrictions. As of this writing condo fees ranged from $550 to $600 per month depending on the size of the unit. Garage owners have some additional fees.

Looking for a carefree oceanfront lifestyle on Hutchinson Island in Jensen Beach? The Empress Condos might just be the right choice.

Click here for currently available Empress Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Island Club – Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise – Ocean Bay Villas – Princess – Regency –Sand Dollar Shores – Sea Winds – Villa del Sol

Empress Condos on Hutchinson Island November 2016 Market Report

River Marina November 2016 Market Report

11.07.16 by Gabe Sanders

River Marina November 2016 Market Report

For November 2016, there are 12 homes available for sale in River Marina. 3 of these are single family homes and 9 are townhomes and range in price from $192,000 to $489,900 for an average price of $258,454 or $137.16 per sq. ft. of living area.

There are 5 homes under contract (1 single family and 4 townhomes). List prices ranged from $180,000 to $309,900 for an average of $222,696 which equals $126.88 per sq. ft. of living area. These homes went under contract in an average of 36 days after going on the market.

In the past 12 months, 35 homes have sold in River Marina (5 single family and 30 townhomes). Sales prices ranged from $127,000 to $334,988. The average sales price was $211,938 which works out to $127.48 per sq. ft. of living area. These homes sold on average for 98% of listing price and were under contract in an average of 42 days on market.

River marina is a newer community consisting of 84 single family homes built from 2006 to 2008 ranging in size from 3 BR, 1600 sq. ft. homes to 5 BR homes with 3,380 sq. ft of living area. 14 of these homes are waterfront with Ocean access through the South Fork of the Saint Lucie River. The single family homes in River marina are in a gated enclave.

Also available are newer townhomes in a non-gated area. Currently only about 47 townhomes have been built with plans for a total of approximately 220 units. Both 2 and 3 Bedroom townhomes are available with 1627 sq. ft. of living area and a 1 car garage. There’s a community pool and easy access to recreational areas.

As of early 2016, construction has resumed for River Marina townhomes by Lennar Homes. These new townhomes feature 3 bedrooms, 2 and 1/2 bathrooms and a single car garage with granite counter tops and stainless steel appliances. Priced attractively in the very low $200’s. For a new buyer discount program, please contact Gabe Sanders with the BlueWater realty team for details.

HOA fees for the townhomes are only $87 per month while the single family homes have a $98 a month fee.

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River Marina November 2016 Market Report

Springtree Stuart FL November 2016 Market Report

11.06.16 by Gabe Sanders

Springtree Stuart FL November 2016 Market Report

For November 2016 there are two homes available to purchase in Springtree. The list prices for these homes are $229,000 and $299,000 for an average list price of $264,000 which is $159.85 per sq. ft. of living area.

Currently, there are no homes under contract in Springtree.

7 Springtree homes have sold in the past 12 months. Sales prices ranged from $245,000 to $324,000 for an average sales price of $269,357 which equals $149.95 per sq. ft. of living area. Sales prices averaged 97% of list price and these homes took an average of 47 days to go under contract.

Springtree is a beautiful small development just west of US 1 in Stuart, Florida. Conveniently located between Indian Street and Salerno Road, Springtree is close to shopping, restaurants, beaches and easy access to I-95 for commuters. This community is a wonderful family neighborhood and in the Martin County ‘A’ rated school district, with Pinewood Elementary, Stuart Middle and Martin County High.

Engle Homes completed this community between the years of 2000 and 2003. This is a gated community with a lighted lake and fountain as the centerpiece of the community. Low HOA fees of approximately $120. month make this an affordable community. Many homes boast wonderful private lakeside views. Springtree also has a number of preserve areas as well as a playground to keep the tots occupied.

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For any questions you may have about Springtree Stuart FL November 2016 Market Report, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Springtree Stuart FL November 2016 Market Report

Stuart West Palm City November 2016 Market Report

11.05.16 by Gabe Sanders

Stuart West Palm City November 2016 Market Report

There are currently 8 homes for sale in Stuart West. List prices range from $$499,900 to 1,050,000 for an average asking price of $634,264 which is $210.13 per sq. ft. of living area.

There are 1 home currently under contract. This home was listed for $649,000 or $143.77 per sq. ft. of living area. This home was on the market for 265 days prior to going under contract.

In the past 12 months, 20 homes have sold in Stuart West. Sale prices ranged from $177,200 up to $698,000 with the average sale price being $494,159 which equals a per sq. ft. of living area price of $153.74. These homes sold for an average of 97% of list price and averaged 142 days on the market.

Stuart West is an upscale gated equestrian community located adjacent to the Stuart West and the Fox Club in western Palm City. Just off the I-95 exit, Stuart West is an easy commute for those who work either south or north of Martin County, yet want to enjoy the superior amenities that Palm City has to offer.

Stuart West resides on over 1,000 acres of pristine land with 249 home sites ranging from 2 to over 10 acres. There is over 11 miles of waterways located throughout the community which makes for an idyllic setting for this family friendly equestrian community.

Community amenities include a playground, community boat ramp to the C-23 canal, a 10 acre equestrian center, 24 hour manned security gate (shared with Cobblestone) and security patrols, and an underground cable and routing system for the best high end internet connectivity. All of this in Martin County’s ‘A’ rated school system. And school bus service is provided inside the community.

Currently, Stuart West’s children attend Citrus Grove Elementary, Hidden Oaks Middle and South Fork High Schools.

Home construction started in Stuart West in 1984 and continues to this day with approximately 52 vacant lots yet to be built upon. Though many of these lots are being kept as pastures by the adjacent homeowners. Home sizes range from 3 Bedroom, 2 Bath homes of around 2,000 sq. ft. of living area all the way to 7 Bedroom, 5 Bathroom estates with over 5,500 sq. ft. under air. The HOA fee is a very reasonable $121 per month which covers security and all the amenities this wonderful community has to offer.

More information about Stuart West can be found on their property owners’ web site here.

Stuart West Homes for Sale

Vacant Land for Sale in Stuart West

Stuart West Palm City November 2016 Market Report

River Forest November 2016 Market Report

11.04.16 by Gabe Sanders

River Forest November 2016 Market Report

As of November 2016 there are 2 homes for sale in River Forest. List prices are $275,000 and $287,000 for an average list price of $281,000 which equates to $159.36 per sq. ft. of living area.

There is only 1 home currently under contract awaiting settlement. The list price is $295,000 or $135.45 per sq. ft. of living area. This home went under contract 5 days after it was listed.

In the past 12 months, 16 homes have sold in River Forest. Sales prices ranged from $220,000 up to $290,000 for an average sales price of $257,494 which equals $146.20 per sq. ft. of living area. Sales averaged at 97% of list price and the average days on market before going under contract was 28.

River Forest Club House, Stuart, Florida

Located in a peaceful corner of western Stuart, River Forest is a beautiful community filled with modern, well built family homes. The community features a clubhouse, pool, playground and fitness center! Have a boat? You can enjoy the boat ramp that is located within the community and easy access to the St. Lucie River. River Forest is close to ‘A’ rated schools. Only minutes away from i-95 commuters will have no problem getting where they need to go on time. If you want a home that is away from all the hustle and bustle of the city but still want to be close to everything Stuart has to offer, River Forest is a great pick for you!

River Forest Community Pool in Stuart, Florida

River Forest Home Owners Association

River Forest Boating in Stuart, Florida

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