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River Landing November 2016 Market Report Palm City FL

11.03.16 by

River Landing November 2016 Market Report Palm City FL

As of November 2016, there are no homes currently on the market in River Landing.

There are also no homes under contract in River Landing

In the past 12 months, 4 homes have sold in River Landing.  Sales prices ranged from $350,000 to $415,000 for an average of  $380,575 which equals $160.06 per sq. ft. of living area. These homes sold for an average of 99% of the last list price and took an average of 27 days on market until going under contract. 

Entrance to River Landing in Palm City Florida
One of the little known gems of the Treasure Coast, River Landing is home to 96 custom built homes on the shores of the South Fork of the Saint Lucie River.  There is currently one vacant lot left in River Landing.  Homes in River landing were first built in 1986 and as of this writing the last one was built in 2007.  Both one and two story homes on generous sized lots of approximately 1/3 of an acre and some with larger lots.  Home sizes range from 3 bedroom homes with under 2,000 sq. ft. of living area up to 5 BR with almost 4,500 sq. ft. of air conditioned space.  Low HOA fees of $400 per quarter include basic cable TV services, trash pickup, security gate and maintenance and upkeep of the common areas.
River Landing River Access

This one of a kind gated community offers child and pet friendly quiet streets and has an ocean access boat ramp as well as RV/Trailer/Boat storage facility, tennis courts and playground.

Homes are surrounded by wetland preserves, lakes and forested areas.

 

River Landing in palm City Florida Playground

Living in River Landing is like being on vacation year round with its quick access to the St. Lucie River for a great day of fishing on your boat. The homes in River Landing are mostly new with some older Reportd homes, and mostly spacious with ample space to give you the privacy you want.  Palm City is a wonderful town to live in because of its closeness to I-95 and Florida’s Turnpike as well as its “A” rated school system, entertainment and fantastic local restaurants!

Search here for:

River Landing Homes for Sale in Palm City Florida

River Landing November 2016 Market Report Palm City FL

Lost River Plantation October 2016 Market Report

10.31.16 by

Lost River Plantation October 2016 Market Report

As of October 2016, there are 5 available homes for sale in the Lost River Plantation community of Stuart, FL.  Prices range from $559,000 up to $750,000 for an average price of  $672,300 which equals $227.24 per sq. ft. of living area.

There are no homes currently under contract in Lost River.

In the past 12 months, there have been 5 sales ranging in sales prices from $490,000 to $792,000 for an average sales price of $661,400 which comes out to $232.00 per sq. ft. of living area.  Sales prices averaged 96% of the last list price and these homes were on the market for an average of 209 days prior to accepting these offers.

 Lost River Plantation October 2016 Market Report

Lost River Plantation in Stuart, Florida consists of 111 homes all with private docks and Ocean access via the South Fork of the Saint Lucie River.  All, but just a handful of the homes have waterfront and dockage located in the backyard.  Suitable for deep draft ocean going vessels with some docks able to accommodate over 50’ vessels.  All homes are of newer construction (from 2004 to the present).  There are a limited number of new homes not on the MLS available now or to be built, please call us for details.

Lost River Plantation October 2016 Market ReportLost River Plantation October 2016 Market Report

This is a spectacular waterfront community with very private and protected waterfront areas.  There is a community marina with a clubhouse that offers a fitness center, kitchen and social rooms.  For those wishing to commute to pints north or south, Lost River is very conveniently located near the Interstate for easy access.  Yet, it’s only 10 to 20 minutes’ drive to the pristine beaches and  quaint downtown areas of Stuart, Florida.  Also close to shopping, restaurants as well as medical facilities.  Lost River Plantation is a tremendous opportunity for newer waterfront construction.  A rare gem in this real estate market!

Lost River Plantation October 2016 Market ReportLost River Plantation October 2016 Market Report

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Lost River Plantation October 2016 Market Report

 

Montego Cove October 2016 Market Report

10.28.16 by

Montego Cove October 2016 Market Report

There are 5 condos for sale in Montego Cove in October 2016.  List prices range from $159,900 up to $227,000 for an average list price of $195,660 which works out to $123.64 per sq. ft. of living area.

There is only one condo under contract awaiting the finalization of the sale.  The list price is $169,000 or $112.22 per sq. ft. of living area.  This condo was on the market for 131 days before going under contract.

In the past 12 months, 13 condos have sold in Montego Cove.  Sales prices ranged from $145,000 up to $240,000 for an average sales price of $200,269 which equals $121.86 per sq. ft. of living area.  These condos averaged 75 days on market before accepting the final offer and sold for an average of 96% of the last listed price.

About the Montego Cove Condos in Stuart FL

Montego Cove Condos in Stuart FL

Located just west of US-1 (Federal Highway) off of Cove Rd, this attractive Condo community on over 50 acres with 30 residential buildings for a total 182 units  that are mostly 2 bedroom, 2 bathroom condos and a few 3 bedroom ones and one 1 bedroom condo.  Living areas range from 1,506 sq. ft. to 1,683 sq. ft. for the 2 bedroom condos and 1,722 sq. ft. for the 3 bedroom condos.  This complex opened in 1985 and the last section was completed in 1989.

Montego Cove Condos in Stuart FL

This community offers ample green spaces along with 2 tennis courts, 2 pools, shuffleboard and a clubhouse. This is a 55 and over age restricted community.  There is one covered parking space (carport) for each home and extra uncovered spaces for guests and residents.  One small pet (under 15 lbs.) is permitted.

Montego Cove Condos in Stuart FL

There is abundant green space and two small lakes for serene water views for most homes in Montego Cove.  Those without water views have private preserve views.

Montego Cove Condos in Stuart FL

An excellent location close to great restaurants and the fishing center of Stuart in Port Salerno and just a short few minutes to access I-95 and points north or south only a few hours away.  Medical facilities as well as professional services are also only a short distance away.

Montego Cove Condos in Stuart FL

As of June 2016 the Condo fee is $410 per month.  This includes the maintenance, insurance and upkeep of all the common areas and facilities as well as each building, trash pickup, management, cable TV, and pest control.

Click here to see the available Montego Cove condos for sale

Beau Rivage October 2016 Market Report

10.27.16 by

Beau Rivage October 2016 Market Report

For October 2016, there are 4 homes for sale in Beau Rivage.  List prices range from $339,000 up to $859,900 for an average list price of $474,700 or $181.90 per sq. ft. of living area.

There are 2 homes under contract which haven’t completed their sale.  List prices for these homes were $189,900 and $224,900 for an average list price of $207,400 which works out to $133.63 per sq. ft. of living area.  These homes averaged 34 days on the market before going under contract.

In the past 12 months, 13 homes have sold in Beau Rivage.  Sales prices ranged from $185,000 up to $850,000.  The average sales price was $370,362 which equaled $163.76 per sq. ft. of living area.  These homes averaged 93 days on market before going under contract and sold for an average of 96% of the last list price.

About Beau Rivage Real Estate in Stuart FL

Beau Rivage Estates in Stuart FL

Nestled along the St. Lucie River in Stuart, Beau Rivage Estates feature beautiful family homes, many with waterfront and ocean access! Imagine being able to walk out of your back door and have your 20’ weekend escape sitting in the water waiting for you! The neighborhood features homes with spacious yards and gorgeous landscaping. The homes have large bedrooms, family and Florida rooms. Most homes even have pools! As if Beau Rivage Estates didn’t sound great already, it is also minutes away from Stuart and Jensen Beach’s hot spots such as the Treasure Coast Square Mall, along with many shopping centers, and great chain and local restaurants. ‘A’ rated schools; Jensen Beach High School, Jensen Beach Elementary school and Felix A. Williams are all fantastic schools that are close by!

Beau Rivage Real Estate in Stuart FL

Beau Rivage Estates is actually in Saint Lucie County, but the local addresses are in Stuart, Florida and Beau Rivage residents attend Martin County schools.

Search for Beau Rivage Homes for Sale

Admiral Condos October 2016 Market Report

10.26.16 by

Admiral Condos October 2016 Market Report

As of October 2016 there are no condos available to purchase in the Admiral on Hutchinson Island in Jensen Beach FL.

There are also no condos under contract at this time.

Int he past 12 months, 2 condos have sold in the Admiral.  Sales prices were $288,645 and $305,000 for an average sales price of $296,823 which equals $198.16 per sq. ft. of living area.  These two condos went under contract in an average of 144 days and sold for an average of 100% of the listed price.

About the Admiral Condominium at Island Dunes

The Admiral Condominiums at Island Dunes on Hutchinson Island in Jensen Beach FL is a high rise building with 104 condos that was built in 1983.  Residents of the Admiral belong to the Island Dunes Country Club which offers a challenging nine hole golf course golf course on the on the banks of the wide Indian River, a championship tennis club , a pro shop, a deep water marina and fine dining at Pietro’s on the River, the onsite restaurant area which is open to the public.

The Admiral Condominium at Island Dunes

Condos in the Admiral range from 3 bedroom, 3 bathroom units with a spacious 1,922 sq. ft. of living area (under air) down to 2 bedroom, 2 bathroom condos with 1,377 sq. ft.  The current condo association fees (March 2016) range from 2,300 to 3,000 a quarter depending on the size of the condo.  These fees include the many amenities for this building and the Island Dunes Country Club including both Golf and Tennis memberships as well as potential access to deep water ocean access docks.

The Admiral Condominium at Island Dunes The Admiral Condominium at Island Dunes

All units have wonderful ocean views while many also have sweeping views of the Intracoastal (Indian River) as well as the Island Dunes golf course.  There’s also a private beach access as well as barbecue facilities.

The Admiral Condominium at Island Dunes The Admiral Condominium at Island Dunes

Wonderful amenities are included such as a full first floor common area with kitchen and space for parties, a game room, fitness center and sauna.  The Admiral is a pet free building. Rentals are allowed with restrictions.

The Admiral Condominium at Island Dunes

For those wishing to experience true resort style living on Hutchinson Island in Jensen Beach FL, the Admiral may be the perfect fit.

Click on this link for the currently available Admiral Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
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 – Sand Dollar Shores – Sea Winds – Villa del Sol

Hobe Sound FL 33455 Condo Market Report September 2016

10.25.16 by

Hobe Sound FL 33455 Condo Market Report September 2016

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

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

There are currently 5 active condo listings. (Up by 1 condos from August)

Hobe Sound FL 33455 Condo Market Report September 2016

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

Hobe Sound FL 33455 Condo Market Report September 2016

3 Condos sold in September. (The same number of closed sales from August)

Hobe Sound FL 33455 Condo Market Report September 2016

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory levels are at all time lows and it is quite remarkable that there is as much activity as there is in this small segment of the Martin County real estate market.

For September, 2016 the absorption rate is 1.7 month (it was 1.3 months in August).  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 September 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 September 2015 numbers were: 2 active listings, 4 pending sales and 2 closed sales.  It’s very difficult to make meaningful comparisons with such low numbers of sales and inventory.

Hobe Sound FL 33455 Condo Market Report September 2016

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report September 2016

Beacon 21 Jensen Beach October 2016 Market Report

10.25.16 by

Beacon 21 Jensen Beach October 2016 Market Report

There are currently 7 condos for sale in Beacon 21 in Jensen Beach FL.  These condos have listing prices from $89,000 to $110,000 for an average list price of $103,214 which equals $94.39 per sq. ft. of living area.

3 Condos are currently under contract.  These condos had list prices from $74,850 up to $144,500 for an average list price of $106,450 or $93.97 per sq. ft. of living area.  These condos averaged 47 days on the market before going under contract.

In the past 12 months 26 condos have sold in Beacon 21.  Sales prices ranged from $59,000 up to $130,000 for an average sales price of $86,014 which works out to $77.17 per sq. ft. of living area.  These condos averaged 56 days on the market before going under contract and sold for an average of 95% of the last listed price.

About: Beacon 21 Condos in Jensen Beach

Beacon 21 Condos in Jensen Beach

Beacon 21 in Jensen Beach is a low rise condominium development in Jensen Beach FL locate just north of the Saint Lucie River and off of NE Dixie Highway (State Road 707).  This complex contains numerous types of condo buildings that were first built in 1973 and the last phase was completed in 1993.

Beacon 21 Condos in Jensen Beach

There are sections in Beacon 21 that are age restricted to 55 and over while other sections are open to all ages.  There are just over 270 individual condos with most of them being two bedrooms and all but a few having 2 bathrooms as well.  These condos come in sizes ranging from 826 sq. ft. of interior living area up to 1,440.

Most of Beacon 21’s sections are pet friendly allowing for one medium sized pet with some areas allowing up to 2.  Rentals are also permitted with some restrictions.

Beacon 21 Condos in Jensen Beach

There are three pools and three tennis courts as well as a clubhouse and shuffle board courts for Beacon 21.  And, as a bonus there is dockage for smaller boats (up to 21’) with ocean access.  These docks are available for lease at very reasonable rates when available on a first come first served basis for owners in the Beacon 21 complex.

HOA fees vary from $200 to $450 a month depending on the location and size of the condo.  Children living in Beacon 21 currently attend the Felix A Williams elementary school, Stuart middle school and the Jensen beach high school.

Beacon 21 Condos in Jensen Beach

This complex is well located only minutes from the beaches, rivers and shopping areas of Jensen Beach and Stuart FL.

Search for available Beacon 21 condos in Jensen Beach

Hobe Sound FL 33455 Residential Market Report September 2016

10.24.16 by

Hobe Sound FL 33455 Residential Market Report September 2016

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

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

There are currently 193 active listings. (Up by 21 homes from August)

Hobe Sound FL 33455 Residential Market Report September 2016

64 Residential sales are pending and awaiting close  (Down by 25 homes from August)

Hobe Sound FL 33455 Residential Market Report September 2016

47 Homes Sold in September (Down by 1 homes from last month)

Hobe Sound FL 33455 Residential Market Report September 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County returned to just very active from a red hot August.  Hobe Sound remains a very strong segment of the Martin County real estate market.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.1 months (2.9 months in August).  Still in a strong sellers market for Hobe Sound residential sales.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for September 2015 were:  162 active listings, 89 pending sales and 32 closed sales.  Better closed volume for this year while last year showed better pending activity.  All, with a somewhat higher inventory this year.

Hobe Sound FL 33455 Residential Market Report September 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 September 2016

Hummingbird Place October 2016 Market Report

10.24.16 by

Hummingbird Place October 2016 Market Report

There are currently two homes available for sale in Hummingbird Place.  These homes are listed for $399,000 and $419,990 for an average list price of $409,495 or $202.11 per sq. ft. of living area.

There is one home under contract awaiting settlement and was last listed for $399,000 or $208.14 per sq. ft. of living area.  It was on the market for 56 days prior to accepting this offer.

In the past 12 months, 3 homes have sold in Hummingbird Place.  Sales prices ranged from $395,000 up to $425,000 for an average sales price of $405,000 or $186.98 per sq. ft. of living area.  These homes averaged only 20 days on the market before going under contract and sold for 98% of the last listed price.

About: Hummingbird Place in Stuart FL

Hummingbird Place in Stuart FL

Hummingbird Place is a small gated community of 19 homes in North Stuart FL located on Britt Rd and in close proximity to the Treasure Coast Mall and the US-1 shopping area of Jensen Beach FL.  This community was built between 2010 and 2014.  All homes are in the Key West style and offer homes of just under 2,000 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to 2,500 sq. ft. homes with 4 bedrooms and 3 baths.

Hummingbird Place in Stuart FL

Low HOA fees of $200 a month (as of October 2016) include maintenance and upkeep for the common areas and gate as well as lawn care for each home.   All ages are welcome and pets are allowed.  There are restrictions to commercial vehicles that are not parked inside the garage overnight.

Children living in the Hummingbird subdivision attend Felix A Williams Elementary School, Stuart Middle School and Jensen Beach High School.

Hummingbird Place in Stuart FL

Those looking for quality newer construction in a great area may want to consider Hummingbird Place.

Check here to see if any Hummingbird Place homes are available to purchase.

Jensen Beach FL 34957 Condo Market Report September 2016

10.23.16 by

Jensen Beach FL 34957 Condo Market Report September 2016

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

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



There are currently 115 active listings. (Increased by 3 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2016

37 Condo sales are pending and awaiting settlement. (Down by 1 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2016

17 Condos Sold (Down by 8 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2016

 For the Jensen Beach FL 34957 Condo Market Report September 2016 had another increase in available condos for sale (inventory) along with a decrease in sales activity.  A typical result for this condo market as we are considered to be in the off season for condos.

The one month absorption rate for the September 2016, Jensen Beach Florida Market Report ZIP Code 34957 rose to 6.7 months (from 4.3 months in August), moving the Jensen Beach condo market into a balanced market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The September 2015 numbers were: 22 active listings, 12 pending sales and 6 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.

Jensen Beach FL 34957 Condo Market Report September 2016

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report September 2016

Jensen Beach FL 34957 Residential Market Report September 2016

10.22.16 by

Jensen Beach FL 34957 Residential Market Report September 2016

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

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

 There are currently 169 active listings. (Up by 2 homes from last month)

Jensen Beach FL 34957 Residential Market Report September 2016

78 Residential sales are pending and awaiting close or lender approval. (Increased by 11 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2016

32 Homes Sold (Up by 1 home sales from August)

Jensen Beach FL 34957 Residential Market Report September 2016

The Jensen Beach FL 34957 Residential Market showed increased activity for September after last month.  Both pending and closed sales numbers were higher along with a small increase in inventory.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 edged down to 5.3 months ( was 5.4 months in August).  Still 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 September 2015 numbers were: 119 active listings, 61 pending sales and 31 home sales closed.   Better closed and pending activity this year, but this is with a far greater number of available homes.
Jensen Beach FL 34957 Residential Market Report September 2016

Search here for Jensen Beach Real Estate for Sale

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All Residential properties for sale in the 34957 Zip Code area of Jensen Beach FL

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

Jensen Beach FL 34957 Residential Market Report September 2016

800 Place October 2016 Market Report

10.22.16 by

800 Place October 2016 Market Report

For October 2016, there are no condos in 800 Place available for sale.

There is one condo under contract awaiting completion of the sale.  This condo was listed for $77,000 (a one bedroom) which works out to $103.22 per sq. ft. of living area.  This condo went under contract 44 days after it was listed.

In the past 12 months, 5 condos have sold.  Sales prices ranged from $61,500 to $99,000 for an average sales price of $76,480 which equals $83.40 per sq. ft. of living area.  These condos went under contract in an average of 41 days and for 95% of the last list price.

800 Place in Stuart FL

The village of 800 Place in Stuart FL is conveniently located just North of Stuart’s Roosevelt Bridge on Fork Road.  Easy access to historic downtown Stuart as well as all the convenient areas for shopping and restaurants located off US-1 in North Stuart and Jensen Beach.

800 Place in Stuart FL 800 Place in Stuart FL

800 Place has both 2 Bedroom, 2 Bathroom condos and 1 Bedroom 1 & ½ Bath and 1 Bedroom 1 Bath units.  Interior sizes range from 1,068 sq. ft. down to 723 sq. ft.  All ages are welcome and one pet up to 50 lbs. is permitted.  Each unit has 1 reserved parking space and there are numerous guest spaces for additional vehicles.  Pickup trucks are allowed to be parked overnight in this complex, one of the very few that allow these in Martin County.

800 Place in Stuart FL 800 Place in Stuart FL

Children who live in 800 Place are zoned to attend the Felix Williams Elementary School, Stuart Middle School and the Jensen Beach High School.

Amenities include a clubhouse with a kitchen, meeting facilities, game room and exercise equipment.  A tennis and shuffleboard court and a community pool.  Maintenance fees as of October 2016 run from $300 to $390 per month depending on the size of the condo.  These fees include use of the common area, building insurance, maintenance, cable TV, landscaping, water and sewer, trash pickup and exterior pest control.

800 Place in Stuart FL

For those on a limited budget, the Village of 800 Place may be just the right place.

Currently available 800 Place Condos

Palm City FL 34990 Condo Market Report September 2016

10.21.16 by

Palm City FL 34990 Condo Market Report September 2016

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

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



There are currently 71 active condo listings. (Increased by 10 condos from August)

   Palm City FL 34990 Condo Market Report September 2016

9 Condo sales are pending and awaiting close or lender approval. (Up by 1 condos from last month)

Palm City FL 34990 Condo Market Report September 2016

4 Condos Sold in September. (Up by 3 condos from August)

Palm City FL 34990 Condo Market Report September 2016

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.  We should have an increase in sales later this year or in the beginning of next year as we enter the condo season.

The current absorption rate for condos in the 34990 zip code area dropped to 17.8 months (was 61 months in September). 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 September 2015 numbers were: 52 active listings, 8 pending sales and 3 closed sales.   There’s significantly more inventory this year and only slightly higher closed and pending activity.
Palm City FL 34990 Condo Market Report September 2016

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Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report September 2016

Whitemarsh Reserve October 2016 Market Report

10.21.16 by

Whitemarsh Reserve October 2016 Market Report

In late October 2016 there are five homes available for sale in Whitemarsh Reserve.  List prices range from $248,900 to $275,000 for an average list price of $256,340 or $117.81 per sq. ft. of living area.

There are three townhouses that are under contract.  List prices for these pending sales are from $243,500 to $249,900 for an average list price of $246,133 which equals $113.74 per sq. ft. of living area.  The average days on market for these homes was 60 days before going under contract.

In the past 12 months, 18 homes have sold in Whitemarsh Preserve.    Sales prices ranged from $203,000 to $264,900 for an average sales price of $233,083 which is $114.43 per sq. ft. of living area.  These homes averaged 56 days on market prior to going under contract and sold for an average of 97% of list price.

Whitemarsh Reserve in Stuart FL

This gated community of new town-homes located in Stuart, just off Kanner Highway (SR 76) is a great place for families or singles. Most Whitemarsh Reserve town homes have private wetlands views and there’s a tranquil nature trail for relaxing walks or exercise. Residents enjoy a resort style pool, basketball court, and a play area for children! This community is like a portrait with its beautiful landscaping.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

Whitemarsh Reserve townhomes were first built in 2006 and continued through 2012.  The initial townhomes were larger than the last ones that were built.  With the largest ones being 2,299 sq. ft. of living space with 3 bedrooms and 2 bathrooms with 2 car garages and the smallest ones having only 1,000 sq. ft. with 2 bedrooms and 2 bathrooms and a single car garage.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

This is a pet friendly community allowing up to one large dog.  Rentals are also allowed with some restrictions.  The HOA fee as of October 2016 was just over $140 per month and includes the maintenance of the common areas, basic cable TV, landscaping and lawn service, exterior painting,  trash pickup and the manager.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

Only minutes to I-95 for those wishing to commute either north or south.  Only 30 minutes to West palm Beach and about 2 hours to Orlando and it’s attractions. The surrounding city of Stuart is a great place to live in with its ‘A’ rated schools, variety of great restaurants, shopping, gorgeous beaches and recreational activities.

Whitemarsh Reserve in Stuart FL

Search for all Whitemarsh Reserve Real Estate in Stuart FL

Whitemarsh Reserve in Stuart FL

Whitemarsh Reserve October 2016 Market Report

Stuart Florida Real Estate is presented by:
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Palm City FL 34990 Residential Market Report September 2016

10.20.16 by

Palm City FL 34990 Residential Market Report September 2016

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

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

 

There are currently 377 active listings (Decreased by 14 homes from August)

Palm City FL 34990 Residential Market Report September 2016

 121 Residential sales are pending and awaiting close or lender approval. (Up by 5 homes from last month)

Palm City FL 34990 Residential Market Report September 2016

54 Homes Sold in August (Down by 14 homes from August)

Palm City FL 34990 Residential Market Report September 2016

The Palm City FL, zip code 34990 residential real estate market activity eased again for September.  Closed sales were off while pending sales increased slightly.  The inventory also decreased which is just the opposite of whats been happening this month in the Stuart markets.
The monthly absorption rate increased to to 7 months from 5.8 months in August.  Drifting towards 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 September 2015 numbers were:  365 active listings, 155 pending sales and 60 closed sales.  Better activity last year.  Hopefully this is just a monthly phenomenon and we’ll increase our Palm City single family home sales in the coming months.

Palm City FL 34990 Residential Market Report September 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 September 2016

Indian River Point October 2016 Market Report

10.20.16 by

Indian River Point October 2016 Market Report

For late October 2016, there is only one home available for sale in the Indian River Point (a.k.a. Newport Jensen) community of Jensen Beach on Hutchinson Island.  This home is listed for $288,975 which is $184.46 per sq. ft. of living area.

There is one home under contract.  It was listed for $267,000 or $121.53 per sq. ft. of living area.  This home was on the market for 38 days before going under contract.

In the past 12 months, 4 homes have sold.  Sales prices ranged from $200,000 to $305,000 or an average sales price of $260,225 which equals $157.62 per sq. ft. of living area.  These homes took an average of 79 days on market to go under contract and sold for an average of 90% of list price.

Indian River Point in Jensen Beach

Situated on the shores of the wide Intracoastal at the east side of the Jensen Beach Causeway is the private community of Indian River Point (also known by its official designation as Newport Jensen). This non-gated community of 67 homes features community docks with a fishing station, tennis court, community pool and outdoor areas for barbecuing.

Indian River Point in Jensen Beach Indian River Point in Jensen Beach

Homes were constructed from 1976 to 2001 (with the majority of them built from 1976 to 1983), though some of the homes have been totally remodeled and appear brand new. Sizes range from 2 Bedroom, 2 Bathroom homes of 1,100 sq. ft. up to 4 Bedroom, 3 Bathroom homes of up to 2,370 sq. ft. of living area. Both one and two story homes are in this waterfront community. Some homes have a 1 car garage while others have assigned parking spaces near or in front of the residences.
As of this writing the home owners’ association fees are $300 a month and these include basic cable TV, landscape and lawn maintenance as well as the insurance and care of the common areas and facilities.

Indian River Point in Jensen Beach Indian River Point in Jensen Beach

Indian River Point is a wonderful and tight knit small community that is within walking distance to the beaches and only a short drive to quaint downtown Jensen Beach. Close to restaurants, shopping and in the ‘A’ rated Martin County School District. A wonderful winter getaway or full time Florida home.

Indian River Point in Jensen Beach

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Stuart FL 34997 Condo Market Report September 2016

10.19.16 by

Stuart FL 34997 Condo Market Report September 2016

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

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

There are currently 72 active condo listings (Up by 7 condos from August).

Stuart FL 34997 Condo Market Report September 2016

19 Condo sales are pending and awaiting close or lender approval (Down by 9 condos from August).

Stuart FL 34997 Condo Market Report September 2016

16 Condos Sold in September (Increased by 4 condos from August).

Stuart FL 34997 Condo Market Report September 2016

     The Stuart FL condo market for zip code 34997 continues to show excellent market activity with increased sales and an improving inventory along with strong future sales (pending sales).
     The absorption rate dropped to 4.5 months in September from 5.4 months for August. Remaining as a seller’ market for the 34997 zip code area of Stuart condos. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The September 2015 numbers were: 52 active listings, 19 pending sales and 8 closed sales.  Considerably stronger closed activity this year along with a much improved inventory.

Stuart FL 34997 Condo Market Report September 2016

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Stuart Florida Real Estate presented by:
Gabe Sanders

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

Stuart FL 34997 Residential Market Report September 2016

10.18.16 by

Stuart FL 34997 Residential Market Report September 2016

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

There are currently 309 active listings (Increased by 12 homes from August).

Stuart FL 34997 Residential Market Report September 2016

132 Residential sales are pending and awaiting close or lender approval (Down by 14 homes from August).

Stuart FL 34997 Residential Market Report September 2016

89 Homes Sold in September (Increased by 11 homes from August)

Stuart FL 34997 Residential Market Report September 2016

      The Stuart Florida Residential Market for ZIP Code 34997 is the largest segment of the Stuart FL residential real estate and continues to be among the most active areas with strong sales numbers.  Inventory is rising and both pending sales as well as closed sales activity will also need to increase to keep this market as strong as it has been.
     The absorption rate decreased slightly to 3.5 months (was 3.8 months for August).  Still a strong sellers’ 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 September, were: 277 active listings, 174 pending listings and 81 closed sales.  Somewhat better closed activity this year but also with a greater inventory and fewer pending sales.
Stuart FL 34997 Residential Market Report September 2016

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

Stuart FL 34997 Residential Market Report September 2016

The Charter Club at Martin Downs October 2016 Market Report

10.18.16 by

The Charter Club at Martin Downs October 2016 Market Report

There are currently no homes available to purchase in the Charter Club at Martin Downs.

There are 3 homes under contract that have not yet sold.  List prices range from a low of $224,900 up to $244,000 with an average list price of $236,267 or $144.72 per sq. ft. of living area.  These homes went under contract in an average of 34 days.

These past 12 months saw 10 homes sold in the Charter Club.  Sales prices ranged from $172,000 up to $235,000 for an average sales price of $210,600 which equals $137.21 per sq. ft. of living area.  These homes were under contract in an average of 45 days and sold for an average of 96% of list price.

The Charter Club at Martin Downs

The Charter Club us a gated community of 203 homes on the south side of Martin Downs Blvd.  Developed in 1988 with the last home completed in 1995.  Very well located in the heart of Palm City and just a short distance to shopping, the Turnpike, numerous golf courses and rivers and only about 15 minutes to the beaches of the Atlantic Ocean or 10 minutes to historic downtown Stuart, FL.

The Charter Club at Martin Downs The Charter Club at Martin Downs

Home sizes range from 3 bedroom, 3 bathroom, 2 story homes with over 2,500 sq. ft. of living area down to 2 bedroom, 2 bathroom homes with just over 1,200 sq. ft.  All of the Charter Club homes have garages and most are two car, though a few of the smaller homes only have one car garages.

The Charter Club at Martin Downs The Charter Club at Martin Downs

There’s a community pool and hot tub for residents as well as to tennis courts.  There’s also a nice large pond (or small lake) which many homes have nice private water views.  The charter club allows up to 1 medium sized pet per home.  There are also vehicle restrictions for trucks and commercial vehicles that don’t fit into garages.

The Charter Club at Martin Downs The Charter Club at Martin Downs

The HOA fee is currently $228 per month and covers the common areas, landscaping and lawn service, basic cable tv, pest control and trash service.

The Charter Club at Martin Downs The Charter Club at Martin Downs

A wonderful and safe community neighborhood that’s close to ‘A’ rated schools.  The Charter Club at Martin Downs is a great place to call home.

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Stuart FL 34996 Condo Market Report September 2016

10.17.16 by

Stuart FL 34996 Condo Market Report September 2016

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

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

There are currently 132 active condo listings (Up by 12 condos last month).

Stuart FL 34996 Condo Market Report September 2016

25 Condo sales are pending and awaiting close or lender approval (Decreased by 8 condos from August).

Stuart FL 34996 Condo Market Report September 2016

21 Condos Sold in September (Up by 5 condos from August) 

Stuart FL 34996 Condo Market Report September 2016

The Stuart FL 34996 Condo Market of Stuart showed some gains from last month and is back into a balanced market.  Inventory is increasing and we will need to see corresponding increases in sales activity for the near future.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 was down to 6.3 months from August’s 7.4 months.  Back in a balanced market for this segment of Stuart FL condos after two months as a sellers market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for September 2015 were: 76 active listings, 41 pending sales and 29 closed sales.  This years market activity is not as strong as it was last year.

Stuart FL 34996 Condo Market Report September 2016

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Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report September 2016