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Stuart FL 34997 Condo Market Report November 2015

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for November 2015

For November 2015 in the 34997 Zip Code area of Stuart, Florida :

There are currently 58 active condo listings (Down by 1 condos from October).

29 Condo sales are pending and awaiting close or lender approval (Increased by 8 condos from October).

9 Condos Sold in November (Decreased by 3 condos from October).

The Stuart FL condo market for zip code 34997 showed positive results for November. Our inventory rose for the fourth month in a row and we now have surpassed last years figures. Pending sales rose by a good margin while closed sales were off. Indications look very positive for the height of the season for condos coming in the next few months.

The one month absorption rate increased to 6.4 months from 4.9 months for October. Back into a balanced market after last months sellers market. Continuing a trend prevalent for most of the past year. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The November 2014 numbers were: 51 active listings, 25 pending sales and 10 closed sales. Very similar volume of sales and pending sales to last year. Encouragingly, the inventory of condos in the 34997 zip code is up from last year.

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for November 2015

Stuart FL 34997 Residential Market Report November 2015

12.14.15 by Gabe Sanders

Stuart FL 34997 Residential Market Report November 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for November 2015

There are currently 311 active listings (Increased by 3 homes from October).

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

65 Homes Sold in November (Decreased by 1 homes from October)

The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the strongest segment of the Martin County single family real estate market. We’ve had three months of increased inventory, and the sales activity seems to be absorbing all this product very strongly as we remain in a sellers market.

The current one month absorption rate remained almost the same at 4.8 months (was 4.7 months for October). Continuing as a sellers market for the 34997 segment of the Stuart residential market for all of the year. Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.

The 2014 numbers for November, were: 346 active listings, 174 pending listings and 56 closed sales. Better closed activity this year, though still not as much inventory as we had last year.

Stuart FL 34997 Residential Market Report November 2015

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Stuart FL 34997 Residential Market Report November 2015

Stuart FL 34996 Condo Market Report November 2015

12.13.15 by Gabe Sanders

Stuart FL 34996 Condo Market Report November 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for November 2015

For November 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 94 active condo listings (Up by 15 condos last month).

32 Condo sales are pending and awaiting close or lender approval (Increased by 3 condos from October).

16 Condos Sold in November (Decreased by 10 condos from October)

The Stuart FL 34996 Condo Market of Stuart continues to do well. The inventory had a nice increase, now two months in a row, as well as an increase in the number of pending sales. Unfortunately, closed sales were off for November. Though, I suspect the number of sales will rise dramatically as we enter the season in the next few months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 5.9 months from October’s 3.0 months. Approaching a balanced market after numerous months of a very strong sellers market. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for November 2014 were: 144 active listings, 48 pending sales and 24 closed sales. Much better closed and pending volume last year, though the inventory of available condos is still lower by a considerable margin.

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Stuart FL 34996 Condo Market Report November 2015

Stuart FL 34996 Residential Market Report November 2015

12.12.15 by Gabe Sanders

Stuart FL 34996 Residential Market Report November 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for November 2015

For November 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 143 active listings (Down by 18 homes from October).

34 Residential sales are pending and awaiting close or lender approval (Up by 17 homes from October).

6 Homes Sold in November (Decreased by 6 homes from October).

The 34996 zip code area of the Stuart Florida residential real estate market lost most of the increased inventory from last month. Much of it appears to have gone under contract with the increase in the number of pending sales. Unfortunately, closed sales were a bit disappointing.

The one month absorption rate for the 34996 zip code area of Stuart Florida for November continued to slide up to an atrocious 23.8 months as compared to October’s 13.4 months. A very strong buyers market for this section of Martin County. Though, with the big increase in pending sales, this may not be a very long lived phenomenon. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for November of 2014 were: 163 active listings, 31 pending sales and 16 closed sales. Fewer closed sales this year, while having a grater number of pending sales with less inventory.

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Stuart FL 34996 Residential Market Report November 2015

Stuart FL 34994 Condo Market Report November 2015

12.11.15 by Gabe Sanders

Stuart FL 34994 Condo Market Report November 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for November 2015

For November 2015 in the 34994 Zip Code area of Stuart, Florida :

There are currently 96 active condo listings (Up by 9 condos from October).

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

13 Condos Sold in November (Down by 2 condos from October).

The Stuart FL 34994 Condo market retreated a bit in November. While this is not unexpected as we are into the off season for condos, it is still less than last year at this time. Hopefully the increased inventory will result in some better activity as we come into the high season for condo activity.

The one month absorption rate increased to 7.4 months compared to last month’s 5.8. Back into a buyers market. 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 November the numbers were 90 active listings, 27 pending sales, and 18 closed sales. Our current inventory surpassed last years’ which is a positive sign. Unfortunately closed and pending sales were not as strong as they were last year.

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Stuart Florida Market Report ZIP Code 34994 – Condo, November 2015

Stuart Florida Market Report ZIP Code 34994 Residential November 2015

12.10.15 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34994 Residential November 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for November 2015

For November, 2015 in the 34994 Zip Code area of Stuart, Florida :

There are currently 61 active listings (Increased by 5 homes from October)

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

12 Homes Sold in October (Up by 4 homes from October)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida swing back to an active month prior to the holiday season, with a very nice increase in closed sales. Inventory was up slightly and unfortunately the pending sales ( a sign of potential future activity) dropped a little.

The one month absorption rate for the 34994 zip code for November decreased to 5.1 months from last months 6.9 months, seesawing back and forth for the past few months, now back into a sellers market. A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The November 2014 numbers were 77 Active Listings, 35 pending sales and 11 closed sales. Similar volume of closed sales as to last year, while having a lower inventory and also a lower number of pending sales.

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Stuart, FL Real Estate

Rental Properties

- Rental Properties for Rent in Stuart, Florida Between $0 – $500,000

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Stuart Florida Market Report ZIP Code 34994 Residential November 2015

Sunset Trace Palm City December 2015 Market Report

12.10.15 by Gabe Sanders

Sunset Trace Palm City December 2015 Market Report

As of December 2015, there are only 5 active listings for sale in Sunset Trace. List prices vary from $119,000 to $153,000 with an average list price of $159,900 which equals $109.79 per square foot of living area.

There are currently 5 homes under contract and awaiting settlement. The listing prices range from $102,000 to $139,900 for an average list price of $129,080 which equals $96.57 per sq. ft. of living area. These homes were on the market for an average of 45 days prior to accepting an offer.

In the past 12 months, 44 homes have sold in Sunset Trace. Sales prices ranged from $92,800 to $156,000 for an average sales price of $126,985 which equals $96.99 per sq. ft. of living area. These homes sold for an average of 96% of their final list price and were under contract within 30 days of their lost date.

Just across the street from the Martin Downs Golf Club lies the gated community of Sunset Trace in Palm City, FL. Conveniently located close to Florida’s Turnpike as well as shopping, restaurants and medical facilities. And only a 15 minute ride to the pristine waters of the Atlantic Ocean and the numerous waterways and boating facilities available in Martin County, FL.

Sunset Trace is a DiVosta community of approximately 500 residences. There are four types of homes in this community: DiVosta quad townhomes which feature 2 Bedrooms and 2 and ½ bathrooms with 1,236 sq. ft. of living area; Stamford models, also four townhomes to a building featuring 2 Bedrooms and 2 and ½ bathrooms with 1,1374 sq. ft. of living area; Wellesley models have 3 Bedrooms and 2 Bathrooms in 1,295 sq. ft. and finally the Villas in Sunset Trace offer attached single family homes with 3 Bedrooms, 2 and ½ baths and a one car garage in 1346 square feet of living area.

Sunset Trace was developed and built from 1984 to 1988. It features two community pools, three tennis courts, outdoor racquet and/or handball courts and a full size basketball court. There’s a playground for the little ones as well. This is a lushly landscaped community with a number of lakes and ponds on the grounds making for some great water views.

All ages are welcome in Sunset Trace and children attend Citrus Grove Elementary School, Hidden Oaks Middle School and Martin County High School. The HOA fees run $305 per month, but include exterior and hurricane insurance, basic cable TV, Lawn and Landscaping, pest control and security. Making life in Sunset Trace easy and care free.

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Sunset Trace Palm City December 2015 Market Report

Sewalls Point Single Family Market Report November 2015

12.09.15 by Gabe Sanders

Sewalls Point Single Family Market Report November 2015

Sewalls Point Real Estate Snapshot, Residential Sales for November 2015

There are currently 51 active listings (Down by 11 homes since last month)

13 home sales are pending and awaiting close or lender approval (Increased by 4 homes from October)

3 Homes sold in November (Down by 5 sales from October)

The single family real estate market in Sewalls Point had a poor month for closed sales in November, though other indications of future activity look very positive. The inventory is down to a much more reasonable level from past months and pending sales are also looking very positive.

The current absorption rate climbed to 17 months, in October it was 7.8 months. a strong buyers market for Sewalls Point. Though, if the trend for improving sales continue, this may soon come to an end. 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 November of 2014, the inventory was 57 homes on the market, 8 pending sales and there were 18 closed sales. Considerably better closed activity last year for the Sewalls Point single family home market, though pending sales look better this year.

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Rental Properties for Rent in Sewalls Point, Florida Between $0 – $100,000

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Sewalls Point Single Family Market Report November 2015

Beachwalk Condos Indian River Plantation December 2015 Market Report

12.07.15 by Gabe Sanders

Beachwalk Condos Indian River Plantation December 2015 Market Report

There is only one active listings for sale in Beachwalk in early December 2015. The list price for this condo is $434,000 which equals $340.66 per sq. ft. of living area.

There are no condos currently under contract in Beachwalk.

In the past 12 months, 6 condos have sold in Beachwalk. The sales prices ranged from $272,500 to $299,500 for an average sales price of $284,916 which is $212.55 per sq. ft. of living area. These condos sold for an average of 93% of the listed price and also took an average of 234 days on market prior to receiving an acceptable offer.Beachwalk in Indian River Plantation is a condo complex with 56 2 bedroom, 2 bathroom condos of either 1,253 or 1,274 sq. ft. of living area. The Beachwalk complex was built in 1993 making it one of the newer areas of Indian River Plantation on Hutchinson Island.

Beachwalk is only steps away from the beach, tennis courts, and golf course that are available through the Marriott at Hutchinson Island resort beach club. Enjoy evening cocktails and a snack at the Tiki Bar by the beach or take the free tram to the Marriott Hotel for a great meal any time of the day.

All condos in Beachwalk offer a split plan with two master suites each with their own bath. This is a pet friendly community with some buildings allowing up to 2 large pets. Management and Condo fees were around $520 per month at the time of this writing. One assigned parking spot is provided plus extra guest spaces are available for all residents.

Enjoy true resort style luxury living without having to pay luxury prices at the Beachwalk in Indian River Plantation.

Click here to search for available Beachwalk Condos for Sale

Additional Indian River Plantation Condos you may wish to consider:
Bayview – Dunes Club – Fairway Villas – Inlet Village – Lakeside – Ocean House – Ocean Terrace – Plantation Club Villas – Plantation House – Resort Villas – River Village – Riverbend – Riverwood – Tennis Villas

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

Beachwalk Condos Indian River Plantation December 2015 Market Report

Admiralty Condos Palm City FL December 2015 Market Report

12.06.15 by Gabe Sanders

Admiralty Condos Palm City FL December 2015 Market Report

As of December 2015, there there are 3 condos on the market in the Admiralty Condos. Prices range from $425,000 to $600,000 with the average list price being $555,000 which equals $250.60 per sq. ft. of living area.

There are no condos currently under contract and awaiting settlement.

In the past 12 months, 4 Admiralty condos have sold. The sales prices ranged from $500,000 to $650,000 or $222.22 per sq. ft. of living area. These condos sold for an average of 95% of the most recent listing price and were on the market for an average of 184 days prior to an accepted offer that led to the sale.

The Admiralty Condos are situated directly by the beautiful Saint Lucie River are an ocean lover’s haven. Located in desirable Palm City, The Admiralty features large balconies facing the pristine waters of the saint Lucie River with perfect sunrise views. The varieties of 3 and 4 bedroom floor plans come with amenities such as 2 full car garages and additional storage space.

With safety and security in mind, the community is gated and the luxurious and spacious condo’s come equipped with hurricane windows and doors along with a 22 slip protected marina for the residents use. Enjoy the heated pool, clubhouse, meeting room, and exercise room.

Current Condo association fees in the Admiralty range from the $700 to under $900 dollars per month depending on the unit size. There are five buildings which make up the Admiralty condo complex in Palm City, Florida. Three of which were built in 1989-1990. The two newer buildings were completed in 2005. These condos offer unparalleled luxury and spaciousness for the price. Equivalent condos on the Ocean with these amenities are either non-existent or will cost well over $1 million dollars.

The Admiralty is close to fantastic schools such as Martin County High School, Hidden Oaks Middle School, and Bessey Creek Elementary. There are also plenty of restaurants and entertainment areas in and around this wonderful area!

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Admiralty Condos Homes for Sale in Palm City Florida

Admiralty Condos Palm City FL December 2015 Market Report

Plantation Club Villas Indian River Plantation December 2015 Market Report

12.05.15 by Gabe Sanders

Plantation Club Villas Indian River Plantation December 2015 Market Report

There are no active listings in the Plantation Club Villas of Hutchinson Island.

There are no currently pending sales in the Plantation Club Villas.

Two condos sold in the Plantation Club Villas in the past 12 months. The sales prices were $225,000 and $305,000 which averages to $265,000 and $199.91 per sq. ft. of living area. These two condos sold for 92$ of the last listed price and were on the market for an average of 524 days before receiving an accepted offer.

The Plantation Club Villas condos of Hutchinson Island in the Indian River Plantation complex of Stuart FL lie next to the pro shop for the golf course. These units were built in 1987 and most have views of lakes, golf course or private preserves.

There are 48 two bedroom two bath condos ranging in size from 1,188 sq. ft. of living area up to 1,430 sq. ft. The Plantation Club Villas is a four story elevator building and has the convenience of under building parking for residents.

Current condo and management fees are around $367 per month.

Indian River Plantation amenities include a golf course, full service marina, tennis courts, tiki bar and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.

Click here to view available Plantation Club Villas for Sale

Other Indian River Plantation Condos you may wish to consider:
Bayview, Beachwalk, Dunes Club, Fairway Villas, Inlet Village, Lakeside, Ocean House, Ocean Terrace, Plantation House, Resort Villas,River Village, Riverbend, Riverwood, Tennis Villas

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

Plantation Club Villas Indian River Plantation December 2015 Market Report

Beachwood Villas Hutchinson Island December 2015 Market Report

12.04.15 by Gabe Sanders

Beachwood Villas Hutchinson Island December 2015 Market Report

There is currently one active listing in Beachwood Villas of Hutchinson Island. The list price is $299,000 which equals $252.53 per sq. ft. of living area.

There is currently one pending sale in Beachwood Villas. The list price is $185,000 which equates to $156.25 per sq. ft. of living area.

6 condos have sold in Beachwood Villas in the past 12 months. The sales prices ranged from $170,000 to $360,000 which is an average sales price of $263,166 or $239.20 per sq. ft. of living area. These condos sold for an average of 93% of the final listed price and in an average of 150 days on market until there was an accepted offer.

Beachwood Villas on Hutchinson Island is a condo complex with 80 units that were built in 1975. Conveniently located halfway between the Jensen and Stuart Causeways this oceanfront complex features two bedroom, two bathroom condos ranging in size from 937 ft.² of living area up to 1259 ft.².

Many units have direct oceanfront views and all of the condos have under building parking to keep your car out of the harsh sun. Amenities include direct ocean access and a heated pool and spa.

At the time of this writing management and condo fees are approximately $560 per month. Beachwood Villas is a pet friendly community with two large dogs permitted for owners.

Those living in Beachwood Villas feel like they are in a tropical ocean paradise.

Search here for all available Beachwood Villas for Sale

Additional Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider:
Angler Cove – Buttonwood – Fairwinds Cove – Green Turtle Cove – Hutchinson House – Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Maritimes – Ocean View – Sailfish Point – Sandpebble – Suntide

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

Beachwood Villas Hutchinson Island December 2015 Market Report

Plantation House Condos Indian River Plantation December 2015 Market Report

12.02.15 by Gabe Sanders

Plantation House Condos Indian River Plantation December 2015 Market Report

There are currently no active listings in the Plantation House of Hutchinson Island.

There are no currently pending sales in the Plantation House.

Five condos sold in the Plantation House in the past 12 months. The sales prices ranged from $312,500 to $432,500 for an average sales price of $373,500 or $261.96 per sq. ft. of living area. These condos sold for an average of 92% of the last listed price and went under contract in an average of 163 days after going on the market.

Located on the shores of the Atlantic Ocean, the Plantation House Condos are within the Indian River Plantation are of South Hutchinson Island which is the finest resort community in Martin County/Stuart FL.

The Plantation House was built in 1979 and has 39 2 bedroom, 2 bathroom condos that range in size from 1249 sq. ft. of living area up to 1393 sq. ft. All units have Ocean Views. There’s an Oceanside pool as well as under building parking and some free standing garages that come with the Plantation House condos.

Current condo and management fees are around $567 per month.

Indian River Plantation amenities include a golf course, full service marina, tennis courts, tiki bar and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.

Click here to view avai lable Plantation House condos for Sale

Other Indian River Plantation Condos you may wish to consider:
Bayview, Beachwalk, Dunes Club, Fairway Villas, Inlet Village, Lakeside, Ocean House, Ocean Terrace, Plantation Club Villas, Resort Villas, River Village, Riverbend, Riverwood, Tennis Villas

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

Plantation House Condos Indian River Plantation December 2015 Market Report

Buttonwood Condos November 2015 Market Report

11.30.15 by Gabe Sanders

Buttonwood Condos November 2015 Market Report

In late November 2015, there were 2 condos available for sale in Buttonwood on Hutchinson Island in Stuart FL. These two condos were listed for $595,000 and $825,000 for an average of $710,000 which also equals $309.50 per sq. ft. of living area.

No condos are currently under contract in Buttonwood.

In the past 12 months, 2 condos have sold. Sale prices were $433,500 and $621,000 which averages out to $527,250 or $258.58 per sq. ft. of living area. These two sales sold for an average of 85% of list price and went under contract within 81 days of being listed.

Buttonwood Condos on Hutchinson Island

The Buttonwood Condos on Hutchinson Island are some of the most spacious homes available on the ocean. These condos were built in 1983 and offer only 18 residences for discerning customers interested in a luxury ocean front lifestyle. These condos range in size from a 3 bedroom, 4 bath residences of just under 2,300 sq. ft. of air conditioned space plus balconies down to 2 bedroom, 2 bath with over 1,600 sq. ft.

Buttonwood residents enjoy private access to their own beach on the Atlantic, a heated pol and spa, clubhouse and tennis court. Additional amenities include private garages for all units, a vehicle wash area and bicycle storage.

Buttonwood is a pet friendly building with up to 2 large dogs permitted. No rentals are allowed.

Condo and management fees are just over $800 a month. Buttonwood Condos on Hutchinson Island in Stuart FL is located approximately 1 mile north of the Stuart Causeway.

Search here for all Buttonwood condos for Sale

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider:
Angler Cove – Beachwood Villas – Buttonwood – Dune Condominium – Fairwinds Cove – Green Turtle Cove – Hutchinson House –Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Little Ocean Place – Maritimes – Ocean View –Sailfish Point – Sandpebble – Seaside – Suntide

Islandia Condos November 2015 Market Report

11.29.15 by Gabe Sanders

Islandia Condos November 2015 Market Report

In late November 2015 there were 9 condos for sale in Islandia. List prices range from $239,000 up to $429,000 for an average list price of $332,055 or $246.50 per sq. ft. of living area.

There are 5 condos currently under contract in Islandia. Listing prices were from $249,900 to $429,900 for an average list price of $323,720 which is $234.03 per sq. ft. of living area. These condos averaged 59 days on market before going under contract.

In the past 12 months, 31 Islandia condos have sold. Sales prices ranged from $177,900 up to $410,000 for an average sales price of $292,799 which is equal to $218.54 per sq. ft. These units sold for an average of 95% of list price and averaged 70 days on market prior to going under contract.

The Islandia Condos of Jensen Beach

The Islandia Condos of Jensen Beach on Hutchinson Island consist of two 20 story buildings that were built in 1982. There are 388 total residences in these two buildings which are called Islandia I and II. Very conveniently located to the north of the Jensen Beach Causeway, and is just a short drive away from downtown Jensen Beach, shopping and restaurants.

Condos in Islandia come in large 3 bedroom, 3 bathroom units with 1,929 sq. ft. of living area plus balconies and 3 bedroom, 2 bathroom units with 1,544 sq. ft. as well as 2 bedroom, 2 bath condos with either 1,437 or 1,228 sq. ft. Islandia residents enjoy wonderful amenities that include 2 Oceanside pools, private beach access, BBQ grilling area, Jacuzzi, tennis and bocce courts, and overflow parking with trailer and RV parking spaces. Interior facilities include a large social area with bar and kitchen, billiards, fitness center and steam sauna. There is an office with on-site management and 24 guard gated security.

Islandia I does not allow pets, while those in Islandia II are allowed one pet under 30 lbs. Both buildings allow rentals with restrictions. The condo association fees at the time this is being written are from $1,420 to $1,950 per quarter.

Those looking for a friendly beach community on Hutchinson Island in Jensen Beach should take a look at the Islandia Condo offerings.

Click here for currently available Islandia 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 – 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

Island Club Condos November 2015 Market Report

11.27.15 by Gabe Sanders

Island Club Condos November 2015 Market Report

In late November 2015 there were only 2 condos for sale in the Island Club on Hutchinson Island. These two condos are listed at $300,000 and $375,000 for an average list price of $337,500 or $232.44 per sq. ft. of living area.

There are no condos currently under contract in the Island Club.

In the past 12 months, 8 condos have sold. Sales prices ranged from $240,000 up to $510,000 for an average sales price of $329,250 which is equal to $210.90 per sq. ft. These units sold for an average of 97% of list price and averaged 79 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

Riverbend at IRP November 2015 Market Report

11.26.15 by Gabe Sanders

Riverbend at IRP November 2015 Market Report

In November of 2015 there were three condos for sale in the Riverbend community of Indian River Plantation. List prices range from $339,000 to $439,000 for an average list price of $397,666 or $263.60 per sq. ft. of living area.

There is one condo under contract which was listed at $575,000 or $331.41 per sq. ft. of living area. This condo went under contract 1 day after it was listed.

In the past 12 months, 7 condos have sold. Sales prices ranged from $275,000 up to $400,000 for an average sales price of $340,828 which equals $221.31 per sq. ft. These units sold for an average of 93% of list price and averaged 83 days on market prior to going under contract.

Riverbend in Indian River Plantation

The Riverbend condos of Hutchinson Island in the Indian River Plantation complex of Stuart consist of five three story elevator buildings close to the Marriott Resort and full service marina in Indian River Plantation. These units were built between 198 and 1989 with many condos having magnificent wide water views of the Intracoastal Waterway also knows as the Indian River and others with sweeping views of the Indian River Plantation Golf Course and lakes.

There are 86 spacious condos with a mix of three bedroom, three bathroom condos of 1,950 sq. ft. and two bedroom two bath condos ranging in size from 1,366 or 1,735 sq. ft. of living area. This is a pet friendly building with up to two large pets permitted. Riverbend residents enjoy their own community pool for Riverbend resident’s exclusive use. Covered parking is also a plus with either under building parking or private detached garages.

Current condo and management fees are from $1,560 to 1,890 per quarter depending on the size of the condo.

Click here to view available Riverbend Condos for Sale

The Marriott Resort at Indian River Plantation Features:

Indian River Plantation consists of numerous condominium associations and buildings. All styles from Ocean front to River front and Golf and Tennis villas can be found here. IRP is associated and co-located with the Marriott Resort and Marina.

Tucked away on Hutchinson Island, the Treasure Coast’s 16-mile lush barrier island, is a unique resort that greets guests with the warmth of true Southern hospitality.

The Hutchinson Island Marriott Beach Resort and Marina stretches across 200 acres of plantation landscape on Hutchinson Island, bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.

A newly remodeled lobby with sweeping draperies, plantation-style wood furnishings and tropical tones sets the stage for a magical golf getaway. This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. Plantation East, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. The Ocean Club, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

The Hutchinson Island Marriott offers guests and residents two tiki bars and their Signature Restaurant, the Baha Grille. Thirteen Novagrass tennis courts, miles of unspoiled beaches, water sports, deep sea fishing, and a full-service 77-slip marina anchored on the Indian River round out a perfect vacation of sun and fun.

Resort amenities also include three heated pools with sun decks, game rentals from the Activities Hut, two outdoor spas and supervised activities for both children and teens.

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Individual Indian River Plantation Condos you may wish to consider:
Bayview, Beachwalk, Dunes Club, Fairway Villas, Inlet Village, Lakeside, Ocean House, Ocean Terrace, Plantation Club Villas,Plantation House, Resort Villas, River Village, Riverbend, Riverwood, Tennis Villas

Palm Beach County Third Quarter 2015 Real Estate Market Report

11.24.15 by Gabe Sanders

Palm Beach County Third 2015 Quarter Real Estate Market Report

“According to third quarter statistics for Palm Beach County homes, median days on market dropped to an astonishing 36 days, a 33.3 percent decline year-over-year. Buyers had to make fast, educated decisions in order to secure their dream homes due to our declining inventory levels. Purchasing a property, especially in our current market conditions, can be a complicated and stressful process. If you are looking to buy or sell, let a local REALTOR® offer you the guidance you need to feel confident in your decision, said Matt Halperin, 2015 President of the Realtors® Association of the Palm Beaches (RAPB).

Palm Beach County Third Quarter 2015 Real Estate Market Report

The Arbors in Hobe Sound November 2015 Market Report

11.24.15 by Gabe Sanders

The Arbors in Hobe Sound November 2015 Market Report

There are 3 available homes for sale in The Arbors as of November 2015. List prices are $450,000 to $598,000 for an average of $535,000 which equals $196.63 per sq. ft. of living area.

There is one homes under contract which has not completed the sales process. The list price is $429,900 or $193.91 per sq. ft. of living area. This home was on the market for 135 days prior to going under contract.

In the past 12 months, 12 homes have sold in the Arbors. Sales prices ranged from $315,000 to $570,000 for an average sales price of $420,416 which equals $173.80 per s. ft. of living area. These sales averaged at 95% of the listed price and were on the market for an average of 121 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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Saint Lucie County Third Quarter 2015 Market Report

11.23.15 by Gabe Sanders

Saint Lucie County Third Quarter 2015 Market Report

“St. Lucie County housing indicators continued their upward trend in the 3rd quarter with increases in median sale price for single family homes, as well as townhouses/condos. In addition, the City of Port St. Lucie has once again received national recognition, helping to spur our growth and expansion. Last week, Port St. Lucie was named one of “America’s 50 Best Cities to Live” according to 24/7 Wall St., a website which offers online analysis and commentary for U.S. and global investors. If you are currently in the market looking to buy or sell your home, I suggest speaking with a local REALTOR® from the REALTORS® of St. Lucie County (RSLC), a division of the Realtors® Association of the Palm Beaches (RAPB), for real insight on the home ownership process, said Kathy J. Slusser, Northern Vice President of the Realtors® Association of the Palm Beaches (RAPB).

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Stuart FL 34997 Condo Market Report November 2015

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