Search Results for: market report

Stuart FL 34996 Residential Market Report September 2016

10.16.16 by

Stuart FL 34996 Residential Market Report September 2016

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

 

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

 

There are currently 161 active listings (Up by 17 homes from August).

Stuart FL 34996 Residential Market Report September 2016

27 Residential sales are pending and awaiting close or lender approval (Down by 5 homes from August).

Stuart FL 34996 Residential Market Report September 2016

13 Homes Sold in September (Increased by 1 homes from August).

Stuart FL 34996 Residential Market Report September 2016

The 34996 zip code area of the Stuart Florida residential real estate market is showing some weakness for this summer as the inventory has risen and sales have not increased accordingly.

The one month absorption rate for the 34996 zip code area of Stuart Florida for September increased to 12.4 months as compared to August’s 12 months.  The second month in a row as a buyers’ market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for September of 2015 were: 136 active listings, 27 pending sales and 12 closed sales.  Similar activity as compared to September of last year though with a considerably higher inventory of available Stuart homes for sale.

Stuart FL 34996 Residential Market Report September 2016

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

Stuart Florida Real Estate presented by:

the Gabe Sanders real estate team

Stuart FL 34996 Residential Market Report September 2016

The Princess of Hutchinson Island October 2016 Market Report

10.16.16 by

The Princess of Hutchinson Island October 2016 Market Report

As of October 2016, there are 4 active listings in the Princess of Hutchinson Island. List prices range from a low of $224,900 to a high of $344,450 for an average list price of $340,925 and an average cost per sq. ft. of living area of $242.06.

There are 3 condos under contract that have not closed as of this writing.  List prices were from $280,000 up to $319,000 for an average list price of $296,300 or $227.03 per sq. ft. of living area.  These two condos were on the market for an average of 75 days before going under contract.

In the past 12 months, 15 condos have sold in the Princess.  Sales prices ranged from $215,000 up to $470,000 for an average sales price of $314,897 or $215.48 per sq. ft. of living area.  These condos were on the market for an average of 112 days before going under contract and sold for an average of 97% of the last list price.

The Princess of Hutchinson Island in Jensen Beach Florida

Google Earth image

The Princess of Hutchinson Island is one of the more elegant high rise condominiums on Hutchinson Island in Jensen Beach.  Located just North and East of Nettles Island and just 2 miles North of the Jensen Beach Causeway this 20 story condominium has both 3 bedroom, 2 bathroom condos and 2 bedroom, 2 bathroom condos with varying floor plans from 1,209 sq. ft. to spacious 1,716 sq. ft. units.

The Princess of Hutchinson Island The Princess of Hutchinson Island

The Princess was built in 1984 and has a heated pool, Jacuzzi, common area with a game room, kitchen and bar.  There’s tennis and bocce courts as well as trailer parking and a vehicle wash area.

The Princess of Hutchinson Island The Princess of Hutchinson Island

The maintenance fees which include use of all facilities as well as exterior maintenance and insurance run from just under $500 a month to $700 a month depending on the size of the condo.  The Princess of Hutchinson Island is one of the premier locations on the Island and is a much sought after building.

The Princess of Hutchinson Island

Search here for all available Princess of Hutchinson Island 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 – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Stuart FL 34994 Condo Market Report September 2016

10.15.16 by

Stuart FL 34994 Condo Market Report September 2016

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

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

There are currently 92 active condo listings (Up by 3 condos from August).

Stuart FL 34994 Condo Market Report September 2016

28 Condo sales are pending and awaiting close or lender approval. (Decreased by 4 condos from last month) 

Stuart FL 34994 Condo Market Report September 2016

18 Condos Sold in September (Up by 2 condos from August).

Stuart FL 34994 Condo Market Report September 2016

The Stuart FL 34994 Condo market continues with strong activity as the summer draws to a close.  This is somewhat unexpected for the condo market in the summer.  Hopefully, this is a good indication of continued strong activity as we head into the fall and winter months.

The absorption rate for September decreased to 5.1 months compared to last month’s 5.6. Continuing as a sellers market for the second month in a row for this condo segment of Stuart’s 34994 zip code area.  This is somewhat surprising as condo sales often slow down during the summer months.  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 September the numbers were 71 active listings, 35 pending sales, and 11 closed sales.   Better closed activity this year along with an increase in inventory.

Stuart FL 34994 Condo Market Report September 2016

Search for Stuart FL Condos by Price Below:

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

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

Joes Point October 2016 Market Report

10.15.16 by

Joes Point October 2016 Market Report

As of October there are three active listings in Joes Point.  List prices range from $850,000 up to $1,350,000 for an average list price of $1,131,667 which works out to $382.82 per sq. ft. of living area..

There are no homes currently under contract.

In the past 12 months, one home has sold in this waterfront community.  The sales price was $$714,000 which equals $232.04 per sq. ft. of living area.  This home went under contract in 72 days and sold for 90% of the list price.

Joes Point on Hutchinson Island

One of the most unusual properties on Stuart’s Hutchinson Island is Joes Point.  Located on a private peninsula which juts to the north west into the mile wide Indian River (Intracoastal Water Way). Originally developed by Lloyd Dutcher in the early 1980’s this is a premier waterfront subdivision enjoying the many wonderful amenities of Hutchinson Island in Martin County.  Only minutes to the Saint Lucie inlet and the sparkling Atlantic Ocean by boat, with easy access to the Bahamas or through the Okeechobee water way through the heart of Florida to the Gulf of Mexico by boat.  This is a true boaters paradise.  Abundant fishing is just off the dock or go just a few minutes further for some deep sea fishing and adventure.

 Joes Point on Hutchinson Island

Joes Point has 56 home sites (3 are vacant lots at this writing) of which most are waterfront with private docks and sweeping water views of the Intracoastal Waterway (Indian River). There are 8 non-waterfront homes, though they have docks in the community marina which is just a short walk from these homes.  There is also a community RV/Boat storage area as well as a tennis court.  HOA fees as of late 2016 were under $245 per month and include central water and sewer service.

Joes Point on Hutchinson Island

Pets are welcome as well as having the ability to rent these homes.  This is a gated community offering a high level of privacy on the shores of the Indian River.  Beach access is across A-1-A in a private and HOA owned beach area.

Search here for any available Joes Point Homes for Sale

Stuart Florida Market Report ZIP Code 34994 Residential September 2016

10.14.16 by

Stuart Florida Market Report ZIP Code 34994 Residential September 2016

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

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

There are currently 64 active listings (Unchanged from August)

Stuart Florida Market Report ZIP Code 34994 Residential September 2016

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

 Stuart Florida Market Report ZIP Code 34994 Residential September 2016

11 Homes Sold in August (Down by 2 homes from August)

Stuart Florida Market Report ZIP Code 34994 Residential September 2016

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had a nice increase with homes under contract (pending sales) which should translate ti an increasing number of closed sales for the coming months.  The inventory stayed unchanged from last month while closed sales were off by 2 homes.

The one month absorption rate for the 34994 zip code for September increased to 5.8 months from 4.9 months for August.  Just about up to a balanced 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 September 2015 numbers were 57 Active Listings, 28 pending sales and 12 closed sales.   Much the same as happened last year with a decrease in activity from August to September but this year still had better activity than last.

Stuart Florida Market Report ZIP Code 34994 Residential September 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

Rental Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

Stuart Florida Market Report ZIP Code 34994 Residential September 2016

Sewalls Point Single Family Market Report September 2016

10.13.16 by

Sewalls Point Single Family Market Report September 2016

Sewalls Point Real Estate Snapshot, Residential Sales for September 2016

There are currently 69 active listings (Up by 3 homes since last month)

Sewalls Point Single Family Market Report September 2016

10 home sales are pending and awaiting close or lender approval (Decreased by 4 homes from August)

Sewalls Point Single Family Market Report September 2016

7 Homes sold in September (Increased by 1 home sales from August)

Sewalls Point Single Family Market Report September 2016

The single family real estate market in Sewalls Point for September continues to improve from previous months as well as last year.  Though, we also are seeing a market increase in inventory as prices continue to rise for the desirable Sewalls Point community.

The current absorption rate dropped to 9.9 months, in August it was 11 months.  Still a sellers market, but a large improvement from earlier summer numbers.  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 September of 2015, the inventory was 54 homes on the market, 15 pending sales and there were 5 closed sales.  Better closed sales for this year, but we also have a greater number of available homes for sale.

Sewalls Point Single Family Market Report September 2016

 Search below for Sewalls Point Florida Real Estate for Sale

Rental Properties

Vacant Land Properties

Residential Properties

Sewalls Point Single Family Market Report September 2016

 

Palm Pointe and Palm Isles October 2016 Market Report

10.13.16 by

Palm Pointe and Palm Isles October 2016 Market Report

There is currently only one active listings in Palm Pointe and Palm Isles. The list price for this home is $269,900 which is equal to $147.41 per sq. ft. of living area.

At this time, there are 2 homes under contract which have not closed yet.  List prices were $229,000 and $275,000 which averages out to $252,000 or $150.15 per sq. ft. of living area.  These homes were on the market for an average of 41 days prior to going under contract.

14 homes have sold in the past 12 months.  Sales price ranged from $185,000 to $335,000 with the average sales price of $257,415 which works out to $130.56 per sq. ft. of living area.  These homes were on the market for an average of 73 days prior to going under contract and sold at an average of 96% of list price.

Palm Pointe and Palm Isles in Palm City

Palm Pointe and Palm Isles are adjoining communities in Palm City just east of High Meadow Rd between Martin Downs Blvd and Martin Hwy. These gated communities are conveniently located close to both Florida’s Turnpike and I-95 making it a great location for those who commute to parts north or south for work, yet want to take advantage of the great school system and amenities that Martin County has to offer. Also within easy reach of shopping, restaurants and medical facilities as well as the many boat ramps and Marinas of Martin County.

Palm Pointe and Palm Isles in Palm City Palm Pointe and Palm Isles in Palm City

There are a total of 128 homes that were built from 1990 through 1996 for Palm Pointe and 1999 to 2001 for Palm Isles. These two communities share a community pool, tennis courts and a playground.

Palm Pointe and Palm Isles in Palm City Palm Pointe and Palm Isles in Palm City

Homes range in size from 2 bedroom, 2 bathroom homes of around 1,400 sq. ft. of living space plus a two car garage, up to 4 bedroom, 4 bath homes of around 2,400 sq. ft. plus garage. Many homes in these communities have their own private pools and a lucky few have wonderful lake views.

Palm Pointe and Palm Isles in Palm City Palm Pointe and Palm Isles in Palm City

As of October 2016 HOA fess were just over $200 a month and this community allows large pets and rentals. There are vehicle restrictions for commercial trucks.

Search for Palm Pointe and Palm Isles Homes for Sale

Palm Pointe and Palm Isles October 2016 Market Report

The Falls of Jensen Beach October 2016 Market Report

10.12.16 by

The Falls of Jensen Beach October 2016 Market Report

For October 2016 there are 7 homes available for sale in the Falls of Jensen Beach.  Listing prices range from $459,000 up to $725,000 for an average asking price of $550,243 or $176.07 per sq. ft. of living area.

There is one home under contract which has not completed the sales process (closed).  The list price of this home is $475,000 or $137.05 per sq. ft. of living area.  This home was on the market for 173 days prior to going under contract.

In the past 12 months, 14 homes have sold in the Falls of Jensen Beach.  Sales prices ranged from $440,000 up to $535,000 for an average sales price of $487,286 which is equal to $150.08 per sq. ft. of living area.  These homes averaged 116 days on market before going under contract and sold on average for 98% of listed price.

The Falls of Jensen Beach real estate

A newer Kolter community located just north and west of the Treasure Coast Mall in Jensen Beach FL.  This is a gated community with spacious lots, many of which have serene preserve or lake views from the back patio and yard.

The Falls of Jensen Beach real estate

The Falls is in a wonderful location close to shopping, restaurants as well as professional services and only a few minutes to the beaches and waterways that Martin County has to offer.  Children living in the falls have the privilege of attending Martin County ‘A’ rated schools.  Currently these are the Jensen beach Elementary school, Stuart Middle school and the Jensen Beach High school.

The Falls of Jensen Beach real estate The Falls of Jensen Beach real estate

Construction in the Falls began in 2006 and all of the 130 lots have now been built, with the latest homes just recently completed in 2016.  As of this writing there are only two new homes available from the builder, but re-sale homes have been coming on the market at a fairly steady rate.

 The Falls of Jensen Beach real estate

Homes sizes in the Falls range from 4 bedroom, 3 bathroom homes of 2,236 sq. ft. of living area up to 5 bedroom, 4 bathroom homes with just under 4,500 sq. ft. under AC.  The majority of the homes in the falls have 3 car garages.  Homes range from single story ranch style designs to two story homes and many have private pools.

The Falls of Jensen Beach real estate

Since this is a newer community, all homes meet the latest building codes for hurricane and wind protection and most homes also feature updated kitchen with granite countertops.

The Falls of Jensen Beach real estate

The HOA fee (as of September 2016) is $218 per month and includes your landscape and lawn service, basic cable TV as well as security and the common areas.  There is no community pool or clubhouse in the Falls.

Here are the currently available homes in the Falls of Jensen Beach

Those interested in new construction in the Falls, please call us for our special builder rebate program (772) 323-6996.

Atlantis Condos on Hutchinson Island October 2016 Market Report

10.10.16 by

Atlantis Condos on Hutchinson Island October 2016 Market Report

There are currently 7 condos on the market in the three Atlantis condo buildings..  List prices range from $189,000 to $344,900 for an average list price of $257,800 which equates to $223.56 per sq. ft. of living area.

There are 2 Atlantis condos that are under contract that haven’t sold to date.  List prices are $229,900 and $299,000 for an average of $264,450 or a per sq. ft. price of $240.31.  These two condos went under contract in an average of 107 days.

In the past 12 months, 10 condos have sold in Atlantis.  Sales prices ranged from $125,000 to $265,000 with an average sales price of $207,440 or $188.75 per sq. ft. of living area.  These condos sold in an average of 109 days and at an average of 96% of list price.Atlantis Condos on Hutchinson Island in Jensen Beach

Atlantis Condos on Hutchinson Island in Jensen Beach FL (Saint Lucie County) consists of three buildings.  Atlantis ‘A’, Atlantis ‘B’ and Atlantis ‘III’.   Buildings A and B were constructed in 1978 and consist of 68 2 bedroom 2 bathroom condos with 1,053 sq. ft. of living space on 7 stories.  End units are slightly bigger with wrap around balconies and 1113 sq. ft. of living space.  Building III was built in 1982, also with the same number of condos but is slightly larger with 1,151 sq. ft. interior units and 1,258 sq. ft. on the ends.

Atlantis Condos on Hutchinson Island in Jensen Beach

Condo association fees at the time of this post were in the low $300’s per month for Buildings A & B and the low $400’s for Atlantis III.  These three buildings have two pools in between them as well as direct ocean access from the rear of all buildings.  Those on floors 3 to 7 enjoy excellent ocean and beach views, while the lower floors have partially blocked views because of the sand dunes. There is ample outdoor parking for all residents as well as two tennis courts and a vehicle wash area.

Atlantis Condos on Hutchinson Island in Jensen BeachAtlantis Condos on Hutchinson Island in Jensen Beach

The Atlantis condos are conveniently located just 1 and ½ miles north of the Jensen Beach Causeway and within an easy drive of shopping, restaurants and all the amenities offered on Florida’s Treasure Coast.

Atlantis Condos on Hutchinson Island in Jensen BeachAtlantis Condos on Hutchinson Island in Jensen Beach

Give the Gabe Sanders BlueWater realty team a call or email if you would like more information or wish to see the Atlantis complex in Jensen Beach FL.

Search for Atlantis Condos on Hutchinson Island for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – 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

Pierpoint Yacht Club October 2016 Market Report

10.09.16 by

Pierpoint Yacht Club October 2016 Market Report

There are 2 active listings in Pierpoint for early October 2016.  List prices are $119,000 and $134,900 for an average list price of $126,950 which equates to a per sq. ft. price of $105.98.

There are no condos currently under contract.

In the past 12 months, 19 condos have sold in Pierpoint.  Sale prices ranged from $84,000 to $229,900 for an average sales price of $122,284 which equals $97.37 per sq. ft. of living space.  These condos were under contract in an average of 88 days and sold at an average of 96% of the list price.

This friendly, active 55+ condominium offers two community pools, grills, shuffleboard, a waterfront clubhouse and dock.  First floor, end unit overlooking a peaceful courtyard and pond with a fountain.  Clean, freshly painted, vacant unit just perfect for you!

Located in the heart of Stuart and on the shores of the wide Saint Lucie River, the Pierpoint Yacht Club Condominiums is the premier adult community in Stuart, Florida. Extremely well maintained complex of 8 buildings, some of which have magnificent water views.

Pierpoint has docks with boat slips for rent as available. Also on this dock is a fishing station and benches for all Pierpoint residents to enjoy and use. Stuart enjoys some of the finest fishing conditions in all of Florida and the east coast.

On the shores of the Saint Lucie River, Pierpoint has a large and active clubhouse with a full kitchen available for members and special occasions. Adjacent to the clubhouse is one of two heated pools, a billiard room, reading library and shuffle board courts. There’s an outdoor lounge for sipping cocktails right on the shores of the wide Saint Lucie River. Lots of green space and ample parking complement this wonderful community.

 Search for all Pierpoint Yacht Club Condos for Sale in Stuart Florida Real Estate

Pierpoint Yacht Club October 2016 Market Report

View all of our Listings

Stuart Florida Real Estate presented by:
the Gabe Sanders BlueWater Realty team

Canopy Creek October 2016 Market Report

10.08.16 by

Canopy Creek October 2016 Market Report

There are currently 3 homes for sale in Canopy Creek in Palm City.  All are new construction homes from Kolter Homes.  List prices range from $639,900 to $674,900 for an average list price of $653,233 or $209.51 per sq. ft. of living area.

There are no homes currently under contract in Canopy Creek.

In the past 12 months, 7 Canopy Creek homes have sold.  Sales prices ranged from $649,900 to $921,580 for an average sales price of $762,072 or $204.84 per sq. ft. of living area.  These homes averaged 86 days on market prior to going under contract and the sales prices were 101% of the list price.

Canopy Creek Clubhouse

Canopy Creek in Palm City is a beautiful community for those seeking new construction homes with plenty of room for privacy.  With just 300 homes on 700 acres of preserves and wetlands this community affords luxury living without the crowds of urban areas.  Each estate home in this Eco-friendly community is on a minimum of a half-acre lot and all offer peaceful views of protected Florida preserves.

Canopy Creek will be a gated private community with easy access to I-95 or the Florida Turnpike. Minutes from the famous Treasure Coast beaches of Florida, the area also offers fabulous shopping and dining in beautiful Stuart, Florida and one of the finest public school systems in Florida. Canopy Creek is your best choice for new homes in Palm City, Florida.

Canopy Creek in Palm City FL

Canopy Creek in Palm City FL

New homes range in size from just over 3,000 sq. ft. of living area to 4,100 sq. ft. with prices starting from the low $600,000’s.  Clients of the BlueWater Realty Team may qualify for some special promotional discounts.  Please call us for details.

Orchid Bay Palm City FL October 2016 Market Report

10.07.16 by

Orchid Bay Palm City FL October 2016 Market Report

There are currently 3 homes available to purchase in Orchid Bay.  List prices range from $584,500 to $649,000.  The average listing price is $626,833 which equates to $179.70 per sq. ft. of living area.

3 homes are under contract and awaiting sale.  The list prices are $445,000 and $489,999 which average to $466,633 and is $177.31 per sq. ft. of living area. These three homes averaged 150 days on the market before going under contract.

In the past 12 months, 7 homes have sold in Orchid Bay.  Sales prices ranged from $369,000 to $550,000 for an average sold price $444,286 which equals $161.75 per sq. ft. of living area.  These 7 homes averaged 175 days on the market before the sellers accepted an offer and sold for an average of 97% of the listed price.

One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City Veteran’s Memorial Bridge off of Mapp Road.  This gated community of 153 homesites (including only two vacant lots at this time) enjoys spacious private lots of at least a ½ acre with a few properties residing on over 1 acre sites.  This planned community was developed by the Tartan land Company in the early 1990’s and all homes are individually constructed by the lot owner’s builder of choice.  Consequently this is not a “cookie cutter” community by any means.

Homes range in size from over 5,000 sq. ft. of living area to just over 2,000.  From as many as 8 bedrooms down to 3 bedroom homes.  Both one and two story residences. Homes were built from 1992 through 2007.  Amenities include tennis courts, a picnic and playground area as well as a public gazebo.  Numerous lakes and ponds are on this property with many homes enjoying serene water views.  Orchid Bay has its own community propane tank so all residents have the option of hooking in for propane utilities if desired.

HOA fees at the time of this writing are $415 per quarter.   These fees include maintenance of the roads, trash pickup, common areas as well as basic cable TV service.

Children of Orchid bay attend wonderful schools:  Palm City Elementary, Hidden Oaks Middle and Martin County High.

Search here for all available Orchid Bay Homes for Sale

For any questions you may have about Orchid Bay, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Orchid Bay Palm City FL October 2016 Market Report

The Courtyards at Willoughby October 2016 Market Report

10.06.16 by

The Courtyards at Willoughby October 2016 Market Report

There are no homes for sale in the Courtyards at Willoughby for the beginning of October 2016.

There are no properties currently under contract.

In the past 12 months, 3 condos have sold in the Courtyards of Willoughby with sales prices ranging from $144,500 to $191,000 for an average sales price of $160,167 and this equals $108.47 per sq. ft. of living space.  These condos sold for an average of 94% of list price with an average of 124 days on market before going under contract.

Courtyards of Willoughby in Stuart FLThe charming townhomes in the Courtyards at Willoughby are located close to Historic Downtown Stuart as well as many other shopping, dining and entertainment areas that Stuart, Jensen Beach and Palm City have to offer.

There are only 44 residences in the Courtyards at Willoughby with four different models to choose from, The Juno, The Jupiter, The Hutchinson, and The Jensen depending on your needs. The models go up to 3 bedroom, 2 bathroom two level homes with 1,532 sq. ft. of living area down to 2 bedroom, 2 bath one level living with 1,125 sq. ft. of living space and some models feature garages. Maintenance fees at the time of this writing (October 2016) run from $350 per month and lower depending on the size of the unit. Up to 1 medium sized pet is allowed.

This community features a swimming pool, with a sundeck and cabana grilling area, and a 24 hour fitness center! The surrounding school district is ‘A’ rated.

As of October 2016 there is only one active listing in the Courtyards at Willoughby.  It is a 3 bedroom, 2 bath townhome with a two car garage.  The list price is $195,000.

There are three pending listings.  All are 2 bedroom units that were listed from $109,900 to $129,000 for an average list price of $115,966 which equals $98.78 per sq. ft. of living area. 2 of these homes are short sales.

In the past 12 months, there have been 7 sales in the Courtyards at Willoughby.  Sales prices ranged from $103,100 to $179,900 for an average sold price of $129,750 which was $97.33 per sq. ft. of living area.  There were no foreclosures and one shortsale in this group of sales.

Search Here for Courtyards at Willoughby Condos for Sale

The Courtyards at Willoughby October 2016 Market Report

 

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

Governors Landing September 2016 Market Report

09.27.16 by

Governors Landing September 2016 Market Report

There’s only one home available to purchase in Governors Landing for September 2016.  This homes is listed for $646,000 which is $249.90 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 3 homes have sold.  Sales prices ranged from $445,000 up to $558,000 for an average sales price of $518,850 which works out to $180.06 per sq. ft. of living area.  These homes sold for an average of 97% of the list price and were on the market for an average of 81 days before going under contract.

About Governors Landing in Hobe Sound FL

Governors Landing is a prestigious gated community in Hobe Sound just south of Jimmy Graham and Peck Lake Parks and west of the Intracoastal Waterway facing Jupiter Island and the Atlantic Ocean to the East.  Very conveniently located about equidistant from the City of Jupiter to the South and the City of Stuart to the North.  Both of which can be reached in under 15 minutes by car.

Governors Landing of Hobe Sound FL

Governors Landing has both canal homes with ocean access docks as well as lake front homes, many with docks in the community marina.  There is also a boat ramp available for residents as is a boat storage area.

Governors Landing of Hobe Sound FL

Homes were built between 1988 and 2006 in Governors Landing and as of this writing in September 2015 there are 4 vacant lots which have yet to be built upon.  Existing lot sizes range from just over 1/6th to just under ½ acres. And, homes range from 3 bedroom, 2 bathroom, 2 car garage with around 2,400 sq. ft. of air conditioned living area up to 5 bedroom, 5 bathroom, 3 car garage homes with 5,000 sq. ft. of living area.

Governors Landing of Hobe Sound FL

The HOA fee (as of August 2016) is $569 per quarter and includes the maintenance and upkeep of the security gate, common areas as well as the community docks and ramps as well as basic cable TV service.

Governors Landing of Hobe Sound FL

Children in Governors Landing attend these schools: Hobe Sound Elementary School, Murray Middle School and South Fork High School.

Governors Landing of Hobe Sound FL

For those looking for luxury ocean access homes with convenient access to good schools, medical facilities and shopping, Governors Landing may just be the perfect place to call home.

Search here for Governors Landing homes for sale.

Governors Landing September 2016 Market Report

Hobe Sound FL 33455 Condo Market Report August 2016

09.25.16 by

Hobe Sound FL 33455 Condo Market Report August 2016

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

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

There are currently 4 active condo listings. (Up by 1 condos from July)

Hobe Sound FL 33455 Condo Market Report August 2016

5 Condos are pending and awaiting close. (Down by 1 pending condos from July)

Hobe Sound FL 33455 Condo Market Report August 2016

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

Hobe Sound FL 33455 Condo Market Report August 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 August, 2016 the absorption rate is 1.3 month (it was 1 months in July).  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 August 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 August 2015 numbers were: 2 active listings, 4 pending sales and 3 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 August 2016

Search Hobe Sound Condominium Properties by Price

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report August 2016

The River Club September 2016 Market Report

09.25.16 by

The River Club September 2016 Market Report

As of September 2016 there are two available condos for sale in the River Club.  List prices are $145,000 and $175,000 for an average asking price of $160,000 which is $141.05 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 9 condos have sold in the River Club.  Sales prices ranged from $122,000 up to $315,000 for an average sales price of $168,056 which works out to $152.32 per sq. ft. of living area.  These condos sold for an average of 96% of the last list price and went under contract in an average of 47 days.

Please contact me if you need an explanation of the reasons for the wide disparity in sales prices in the River Club.

About The River Club of Martin County:

>

The River Club of Martin County is a waterfront condo community that was built between the years of 1978 and 1980.  There are 15 buildings with 188 total condos all of which are 2 bedroom and 2 bathrooms.  These are all two story buildings.  There are two different floor plans with 1,220 and 1,072 sq. ft., of living areas.  Four of these buildings enjoy beautiful wide waterfront views of the Saint Lucie River.  The River Club has a 50 slip marina that is run by a separate dock association.  In order to own a slip in the River Club one must be a condo owner.  Tenants and owners do have the opportunity to rent slips should they be available for lease.

Entrance to the River Club

Great amenities include a clubhouse with game room and kitchen facilities, a community pool, fitness room, shuffleboard courts, workshop, and cable TV and internet access (including wi-fi) included in the condo fees.  The condo fees as of May 2016 are $326 a month.

Sunset from the River Club

All ages are welcome in the River Club but no pets are allowed.  Rentals are allowed with some restrictions as to duration and length of unit ownership.  No commercial vehicles or motorcycles are allowed, but pickup trucks with covers are permitted.

Community Pool of the River Club

The River Club is a great choice for those looking for an affordable condo community with deep water docks and fishing as well as a full complement of amenities.

fountain of the the River Club

Search here for any River Club condos for sale

The River Club September 2016 Market Report

Hobe Sound FL 33455 Residential Market Report August 2016

09.24.16 by

Hobe Sound FL 33455 Residential Market Report August 2016

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

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

There are currently 172 active listings. (Down by 20 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2016

89 Residential sales are pending and awaiting close  (Up by 6 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2016

60 Homes Sold in August (Up by 14 homes from last month)

Hobe Sound FL 33455 Residential Market Report August 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County outperformed all other Martin County real estate segments with a strong rise in closed sales and also an increase in pending sales with a decline in inventory.  Most of our other areas eased off for August but this wasn’t the case for Hobe Sound.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dipped to 2.9 months (4.2 months in July).  Going into an extreme 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 August 2015 were:  149 active listings, 84 pending sales and 34 closed sales.  Considerably stronger activity for this month as compared to August of 2015.

Hobe Sound FL 33455 Residential Market Report August 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 August 2016

Jensen Beach FL 34957 Condo Market Report August 2016

09.23.16 by

Jensen Beach FL 34957 Condo Market Report August 2016

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

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



There are currently 112 active listings. (Increased by 4 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2016

38 Condo sales are pending and awaiting settlement. (Down by 8 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2016

25 Condos Sold (Down by 2 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2016

 For the Jensen Beach FL 34957 Condo Market Report August 2016 remained on a steady track with activity off by only a slight amount..

The one month absorption rate for the August 2016, Jensen Beach Florida Market Report ZIP Code 34957 inched up slightly to 4.3 months (from 4.1 months in July), keeping Jensen Beach condos in a sellers’ market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The August 2015 numbers were: 22 active listings, 13 pending sales and 5 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 August 2016

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report August 2016

Jensen Beach FL 34957 Residential Market Report August 2016

09.22.16 by

Jensen Beach FL 34957 Residential Market Report August 2016

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

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

 There are currently 167 active listings. (Up by 3 homes from last month)

Jensen Beach FL 34957 Residential Market Report August 2016

67 Residential sales are pending and awaiting close or lender approval. (Increased by 1 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2016

31 Homes Sold (Down by 25 home sales from July)

Jensen Beach FL 34957 Residential Market Report August 2016

The Jensen Beach FL 34957 Residential Market eased off to a more reasonable market activity after a very hot July.  Closed sales had a large drop, while pending sales remain steady.  Still a very healthy market for Jensen Beach.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 jumped to 5.4 months ( was 2.9 months in July).  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 August 2015 numbers were: 117 active listings, 77 pending sales and 30 home sales closed.   Considerable increase in activity for this year while closed sales remained about equal but pending sales were off.
Jensen Beach FL 34957 Residential Market Report August 2016

Search here for Jensen Beach Real Estate for Sale

Rental Properties

Residential Properties

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

Vacant Land Properties

Condominium Properties

Commercial Properties

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

Jensen Beach FL 34957 Residential Market Report August 2016

Banyan House Condos Stuart FL September 2016 Market Report

09.22.16 by

Banyan House Condos Stuart FL September 2016 Market Report

There are currently 2 condos for sale in the Banyan House.  List prices are $149,900 and $179,000 for an average of $164,450 which is $115.60 per sq. ft. of living area.

There is 1 condo under contract.  This condo was listed for $118,000 or $86.13 per sq. ft. of living area.  This condo went under contract in 8 days.

In the past 12 months, 2 condos have sold in the Banyan House.  Sales prices were $142,500 and $145,000 for an average sales price of $143,750 which equals $104.93 per sq. ft. of living area.  These condos averaged 50 days on market before going under contract and sold for an average of 91% of list price.

About the Banyan House Condos in Stuart FL:

Located on Saint Lucie Blvd in Stuart, FL, these condos are close to the Martin County Community Golf Club as well as the beaches and downtown Stuart.  This complex was completed in 1980 and consists of 64 2 bedroom, 2 bathroom condos on either the first or second floor of these 4 identical 2 story buildings.

Banyan House Condos in Stuart FL

The Banyan House complex residents enjoy a heated pool and 2 tennis courts and a clubhouse as their amenities.  All ages are welcome and up to 1 medium sized pet is also allowed.   Rentals are also allowed with some restrictions.  For 2016, the association fees are $427 per month.  These fees include basic cable TV, landscape service, building insurance and maintenance, water and sewer, trash pickup, reserves and management services.

Banyan House Condos in Stuart FL

Children living in Banyan House currently attend the JD Parker elementary school, Stuart middle school and the Jensen Beach high school.

Banyan House Condos in Stuart FL

These Banyan House condos are much sought after because of their excellent location as well as being such a well-run and well-managed community.  Condos tend to sell very quickly when they come on the market.  Those interested in a Banyan House condo should contact us and be set up on a new listing notifier for this Stuart community.

Banyan House Condos in Stuart FL

Search here for any current listings in the Banyan House Condo Complex.

Banyan House Condos Stuart FL September 2016 Market Report