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Snug Harbor Stuart June 2015 Market Report

Snug Harbor June 2015 Market Report

As of June 2015, there are 2 active listings in Snug Harbor in Stuart, FL.  The list prices are $848,000 and $1,395,000 for an average of $447.15 per sq. ft. of living area.

There are currently no homes under contract or pending.

3 homes have sold in the past 12 months.  Ranging in sales price from $293,475 (foreclosure) to $3,020,000.  The average sales price was $1,300,825 which equals $326.43 per sq. ft. of living area.  These sales averaged 96% of listing price

Snug Harbor remains as one of the most desirable locations in Stuart, FL. Located on the wide Saint Lucie River just east of the city of Stuart Florida is this unique subdivision.


Snug Harbor was the vision of a group of 10 Yachtsmen, many former Commodores of the Chicago Yacht Club back in 1943. They bought the land and platted the area in September 1944 as well as forming the Snug Harbor Corporation, which controlled the ownership of the lots.

 

In 1975 the deeds were distributed and/or sold to the then owners and a condominium form of ownership was established under the name of the Snug Harbor Yacht Club. With both waterfront and non-waterfront homes and estates, located just minutes away from the ocean by boat or car and also convenient to downtown Stuart, offices, restaurants and recreational areas.

Snug Harbor in Stuart FL

Snug Harbor is one of the finest communities in Martin County. There are only 72 home sites with a club house, deep water marina, boat ramp, trailer parking and tennis courts. There is an active association with social activities year round that make this community a very attractive place to call home.

Snug Harbor in Stuart FL

Please feel free to contact Gabe Sanders (772-323-6996), a Snug Harbor resident, if you would like any information about this wonderful community.

Snug Harbor in Stuart FL Snug Harbor in Stuart FL

 

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Snug Harbor Homes for Sale

Snug Harbor June 2015 Market Report

June 2015 Market Report Locks Landing in Stuart Florida

June 2015 Market Report Locks Landing in Stuart Florida

As of June 2015, there are 6 homes on the market in Locks Landing in Stuart Florida.  Listing prices range from $375,000 to $525,000 for an average price of $427,150 which equates to a per square foot of $174.06.

There are 3 homes currently under contract.  List prices range from $299,000 to $459,900, or an average list price of $400,933 which equals $160.03 per sq. ft. of living area.

In the past 12 months, 12 homes have sold in Locks Landing with sales prices ranging from $259,000 to $495,000 for an average sales price of $372,781 or $147.81 per sq. ft. of living area. These sales averaged at 95% of listing price.

Locks Landing in Stuart FL

Locks Landing in Stuart Florida is a planned unit community of 243 homes on the south eastern shore of the Saint Lucie Waterway, just upstream of the Locks on the Okeechobee Water Way at Phipps Park in Stuart, Florida.

Locks Landing in Stuart FL

Locks Landing homes range in sizes from just under 2,000 square feet of living area to some spacious 3,000 square feet plus homes on spacious preserve lots.   Many homes enjoy lake views and a few homes offer views of the Saint Lucie Waterway.  This wonderful family neighborhood boasts a number of docks with available water and electrics..  Easy access through the lock to the main Saint Lucie river and out to the crystal clear waters of the Atlantic Ocean or sail west into Lake Okeechobee for a fabulous day of fresh water fishing.  For those without their own boat dock, there’s a convenient boat ramp to allow all to enjoy the fabulous boating available to all residents of Martin County.

Locks Landing in Stuart FL Locks Landing in Stuart FL

Locks landing is only moments to I-95 for those needing to commute either north or south on the Interstate.  The equestrian farms of Martin County are only a short drive to the west; while to the east is shopping, restaurants, beaches and all the amenities that Martin County has to offer.  This family friendly community also boasts an ‘A’ rated school system with local children attending Crystal Lake Elementary School, David L Anderson Middle School and South Fork High School

Locks Landing in Stuart FL Locks Landing in Stuart FL

To view the current homes available for sale in Locks Landing please select the following link:
Locks Landing Homes for Sale

 

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

Stuart Florida Real Estate

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

June 2015 Market Report Locks Landing in Stuart Florida


Jensen Beach Golf and Country Club June 2015 Market Report

Jensen Beach Golf and Country Club June 2015 Market Report

 There are currently 7 homes and/or villas available for sale in the Jensen Beach Golf and Country Club.
List prices range from $269,000 to $399,000 or an average list price of $331,755 which equals $168.32 per square foot of living area.

9 homes are under contract awaiting the final sale.  List prices range from $200,000 to $375,000 for an average list price of $298,077 that equals $1150.90 per square foot of living area.

In the past 12 months, 38 homes have sold.  The sales prices ranged from $185,000 to $440,000 for an average sales price of $281,340 which works out to a price per square foot of  $151,92 at a 97% sales to list price ratio.

The Jensen Beach Golf and Country Club in Jensen Beach Florida is one of the most desirable communities on Florida’s Treasure Coast.  There are 656 homes and home sites spread out on over 240 acres of wildlife preserve with plenty of privacy and homes from four different builders.   Homes began to be constructed in 2000 and new homes from D.R. Horton and Renar Homes have been recently completed.  Previous builders included WCI Communities and Engle Homes.

The Jensen beach Golf and Country Club is home to the Eagle Marsh Golf Course.   This is apublic course and all are welcome to play.  Inexpensive membership plans are available along with dining facilities, a snack bar and a pro shop.  More information about the Eagle Marsh Golf Club can be found on their web site.

Homes in the Jensen Beach Golf and Country Club range from smaller 2 BR attached villas of approximately 1300 plus square feet of living area and single car garages to spacious one floor and two story pool homes of just over 2500 square feet with 3 car garages.  In addition to the facilities associated with the Eagle Marsh Golf Club, there are two community pools and an active tennis club with 6 professional courts along with a local pro and active league play.

All of these amenities come at an incredibly attractive HOA fee of around $225 per month and include landscaping, trash pickup as well as basic cable TV service.

The Jensen Beach Golf and Country Club is attractively situated only 2 miles from the Indian River (the Intracoastal Water Way) and quaint downtown Jensen Beach, only across the causeway to the public beach of Jensen beach for those wishing to take advantage of the clear waters of the Atlantic Ocean.  Less than a mile to the west is the Treasure Coast Mall and the shopping and restaurant corridor of US-1.

For those with children, the ‘A’ rated Jensen beach High School is within walking distance from the front gate of the Jensen Beach Golf and Country Club.

Here are the currently available homes in the Jensen Beach Golf and Country Club

 For any questions you may have about the Jensen Beach Golf and Country Club, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

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

Jensen Beach Golf and Country Club June 2015 Market Report

June 2015 Market Report The Retreat in Hobe Sound

June 2015 Market Report The Retreat in Hobe Sound

For the June 2015 Market Report The Retreat in Hobe Sound there are currently only 2 homes on the market, ranging in price from $248,000 to $405,000 for an average price of $326,950 which equals $155.30 per square foot of living area.

There are also 2 homes under contract and awaiting sale.  Listing price are $249,000 and $252,500 for an average price of $250,720 which is $156.84 per sq. ft. of living area.

In the past 12 months, 27 homes have sold in the Retreat.  Sales prices ranged from a low of $221,000 to a high of $475,000 for an average sales price of $302,422 which equals $159.99 per sq. ft. of living area. These sales averaged 95% of list price.

the Retreat in Hobe Sound FL

This is a beautiful DiVosta master planned community at the end of Seabranch Ave just west of US-1 in Hobe Sound.  The Retreat contains 555 well built CBS homes ranging from 2 BR to 4 BR homes that continue to impress their owners with their functionality and quality DiVosta construction.

the Retreat in Hobe Sound FL

Located near Schools, Golf Courses, Shopping, Medical facilities, Beaches, and all the amenities either a family or a second home owner looks forward to in Florida living.  Amenities at the Retreat include a heated community pool, clubhouse, fitness room and tennis courts.  Golf course access in right next door at Lost Lake.

the Retreat in Hobe Sound FL

The Retreat was a finalist in the Communities of Excellence contest in the communications division. Association volunteers under the direction of the Communications Committee utilize a bimonthly newsletter, website, bulletin boards, community television channel, town hall meetings, resident directory, email blasts, and open board meetings with published minutes to get information to and from the residents. The newsletter is particularly popular. The website provides information of a business nature, with a resident showcase for display of artwork.

 the Retreat in Hobe Sound FL

Currently some select Retreat Homes are available at very attractive prices.

To view these available Retreat Homes for sale, click here.

the Retreat in Hobe Sound FL

Gabe Sanders

Stuart Florida Real Estate

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

June 2015 Market Report The Retreat in Hobe Sound


Hobe Sound FL 33455 Condo Market Report April 2015

Hobe Sound FL 33455 Condo Market Report April 2015

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for April 2015

 

For April 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 10 active condo listings. (Up by 2 condos from March)

Hobe Sound FL 33455 Condo Market Report April 2015

2 Condo sale is pending and awaiting close. (Down by 7 condos from March)

Hobe Sound FL 33455 Condo Market Report April 2015

5 Condos sold in March (Increased by 1 condo from March)

Hobe Sound FL 33455 Condo Market Report April 2015

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  As we deplete the pending inventory with closed sales, this will continue to be a difficult segment of the Martin County condo market until we get more inventory of available condos.

The current absorption rate is 2 months (Last month it was 2 months also). The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that April not indicate 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 April 2014 numbers were: 21 active listings, 6 pending sales and 5 closed sales.  Similar closed sales activity to last year, but with less than half the available inventory, pending sales are down and I expect to see much reduced activity in the coming months without an increase in inventory.

Hobe Sound FL 33455 Condo Market Report April 2015

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Hobe Sound Florida Real Estate presented by:
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Hobe Sound FL 33455 Condo Market Report April 2015

 

Hobe Sound FL 33455 Residential Market Report April 2015

Hobe Sound FL 33455 Residential Market Report April 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for April 2015

  For April 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 178 active listings. (Down by 44 homes from March)

Hobe Sound FL 33455 Residential Market Report April 2015

133 Residential sales are pending and awaiting close  (Up by 13 homes from March)

Hobe Sound FL 33455 Residential Market Report April 2015

68 Homes Sold in April (Up by 14 homes from last month)

Hobe Sound FL 33455 Residential Market Report April 2015

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County had an exceptionally strong April in closed and pending sales.  Unfortunately the active inventory is now down to almost unheard of low levels that will effect future sales with the lack of homes for sale for buyers.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 plunged to 2.6 months (4.3 months in March).  Now a pretty extreme seller’s market for the Hobe Sound area of Martin County.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for April 2014 were:  228 active listings, 88 pending sales and 42 closed sales.   Last April was a good month for Hobe Sound, but this year was even stronger.

Hobe Sound FL 33455 Residential Market Report April 2015

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Hobe Sound FL 33455 Residential Market Report April 2015

Jensen Beach FL 34957 Condo Market Report April 2015

Jensen Beach FL 34957 Condo Market Report April 2015

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for April 2015

 

For April 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 28 active listings. (Decreased by 2 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2015

16 Condo sales are pending and awaiting settlement. (Decreased by 5 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2015

11 Condos Sold (Increased by 6 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2015

 The Jensen Beach FL 34957 Condo Market Report April 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.   Closed sales were up for the month while both pending sales and active listings declined.  The current inventory is so low that future sales will be impacted unless more condos come on the market.

The one month absorption rate for the April 2015, Jensen Beach Florida Market Report ZIP Code 34957 dropped to2.5  months (from 6 months in March), once again a strong sellers’ market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The April 2014 numbers were: 29 active listings, 9 pending sales and 9 condos closed.  A better month as compared to last year.

Jensen Beach FL 34957 Condo Market Report April 2015

Jensen Beach Condominium Properties by Price


Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report April 2015

Jensen Beach FL 34957 Residential Market Report April 2015

Jensen Beach FL 34957 Residential Market Report April 2015

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for April 2015

 For April 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 145 active listings. (Up by 3 homes from last month)

Jensen Beach FL 34957 Residential Market Report April 2015

88Residential sales are pending and awaiting close or lender approval. (Up by 3 homes from March)

Jensen Beach FL 34957 Residential Market Report April 2015

48 Homes Sold (Increased by 19 homes from March)

Jensen Beach FL 34957 Residential Market Report April 2015

The Jensen Beach FL 34957 Residential Market had an exceptionally strong April for closed sale.  Pending sales also continue to look good.  Also, a good sign that the available inventory did not decrease and actually rose by a marginal amount.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 plunged to 3.0 months (was 4.9 months in March).  An extreme sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The April 2014 numbers were: 135 active listings, 80 pending sales and 40 home sales closed.   Improved activity from a very strong April of 2014.  We are now seeing some bidding wars for well placed and attractive Jensen beach homes.
Jensen Beach FL 34957 Residential Market Report April 2015

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report April 2015

Palm City FL 34990 Condo Market Report April 2015

Palm City FL 34990 Condo Market Report April 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for April 2015

 

For April 2015 in the 34990 Zip Code area of Palm City, Florida :



There are currently 55 active condo listings. (Up by 7 condos from March)

Palm City FL 34990 Condo Market Report April 2015

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

Palm City FL 34990 Condo Market Report April 2015

7 Condos Sold in April. (Up by 1 condos from March)

Palm City FL 34990 Condo Market Report April 2015

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Pending sales were off from last month while we had one additional closed sale for April.  There was an increase in inventory which is a good sign for the future.

The current absorption rate for condos in the 34990 zip code area declined to 7.9 months (was 8 months in August).   A marginal improvement from last month, and getting closer to a desirable balanced market.  A balanced market is considered to be an absorption rate of around 6 to 7 months, so this market continues as a strong buyers market.
The April 2014 numbers were: 53 active listings, 8 pending sales and 7 closed sales.   Except for some better pending sales, almost identical activity to last year.
 Palm City FL 34990 Condo Market Report April 2015

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Palm City FL 34990 Condo Market Report April 2015

Palm City FL 34990 Residential Market Report April 2015

Palm City FL 34990 Residential Market Report April 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for April 2015

 

For April 2015 in the 34990 Zip Code area of Palm City Florida :


There are currently 381 active listings (Decreased by 54 homes from March)

Palm City FL 34990 Residential Market Report April 2015

  217 Residential sales are pending and awaiting close or lender approval. (Increased by 29 homes from last month)

Palm City FL 34990 Residential Market Report April 2015

73 Homes Sold in March (Increased by 5 sold homes from March)

Palm City FL 34990 Residential Market Report April 2015

The Palm City FL 34990 residential real estate market was very strong for April.  Both closed and pending sales were up from previous months.  Unfortunately the active inventory continues to declines which may impact the future sales for this area.
 The current absorption rate dropped to 5.2 months from 6.4 months in March.  A sellers’ market for the Palm City zip code 34990 area for residential sales.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The April 2014 numbers were:  446 active listings, 166 pending sales and 82 closed sales.  It was also a strong sales market for last year, but pending sales look much better for this year.  The reduced inventory is troubling.

Palm City FL 34990 Residential Market Report April 2015

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Palm City FL 34990 Residential Market Report April 2015

Stuart FL 34997 Condo Market Report April 2015

Stuart FL 34997 Condo Market Report April 2015

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

 

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

There are currently 43 active condo listings (Unchanged from March).

1 active

30 Condo sales are pending and awaiting close or lender approval (Decreased by 1 condos from March).

2 pending

18 Condos Sold in April (Increased by 3 condos from March).

Stuart FL 34997 Condo Market Report April 2015

The Stuart FL condo market for zip code 34997 continues to be red hot.   The biggest issue is that we are down to a very small inventory of available condos.  Those that do come on the market sell quickly as you can see from the absorption rate below.
The one month absorption rate is now a very striking 2.4 months after last months amazing 2.9 month rate.  Continuing as an extreme seller’s market.  A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The April 2014 numbers were: 83 active listings, 39 pending sales and 25 closed sales.   We are down to approximately half of last year’s inventory, yet pending and closed sales remain quite strong.

Stuart FL 34997 Condo Market Report April 2015

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

 

 

Stuart FL 34997 Residential Market Report April 2015

Stuart FL 34997 Residential Market Report April 2015

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

 

There are currently 315 active listings (Decreased by 46 homes from March).

Stuart FL 34997 Residential Market Report April 2015

223 Residential sales are pending and awaiting close or lender approval (Increased by 12 homes from March).

Stuart FL 34997 Residential Market Report April 2015

98 Homes Sold in April (Increased by 11 homes from March)

Stuart FL 34997 Residential Market Report April 2015

      The Stuart Florida Residential Market for ZIP Code 34997 continues to outperform most other Stuart FL areas in the single family real estate market.  Our inventory took a major drop as sales are going faster than homeowners are willing to list on the market.  Both pending sales and closed sales were up and well priced new listings are going off the market very quickly.
     The current one month absorption rate increased to 3.2  months (was 4 months for March).  Moving to even a stronger seller’s 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 2014 numbers for April, were: 404 active listings, 190 pending listings and 61 closed sales.  Much stronger activity for 2015, even with a considerably reduced inventory.
Stuart FL 34997 Residential Market Report April 2015

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Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report April 2015

 

The Arbors in Hobe Sound May 2015 Market Report

The Arbors in Hobe Sound May 2015 Market Report

There are only 2 active listings for homes for sale in The Arbors as of May 2015.  List prices are $327,900 and $425,000 for an average of $376,450 which equals $185.77 per sq. ft. of living area.

There are three homes under contract which have not completed the sales process.  Listing prices were from $365,000 to $457,000 for an average of $409,000 or $185.00 per sq. ft. of living area.

In the past 12 months, 8 homes have sold in the Arbors.  Sales prices ranged from $294,900 to $570,000 for an average sales price of $438,987 which equals $172.oo per s. ft. of living area.  These sales averaged at 95% of the listed price.

The Arbors in Hobe Sound FL

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.

The Arbors in Hobe Sound FL  The Arbors in Hobe Sound FL

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 in Hobe Sound FL The Arbors in Hobe Sound FL

The Arbors is a wonderful place to call home.

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Stuart FL 34996 Condo Market Report April 2015

Stuart FL 34996 Condo Market Report April 2015

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

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

There are currently 110 active condo listings (Unchanged from last month).

Stuart FL 34996 Condo Market Report April 2015

55 Condo sales are pending and awaiting close or lender approval (Decreased by 6 condos from March).

Stuart FL 34996 Condo Market Report April 2015

23 Condos Sold in April (Decreased by 13 condos from March) 

Stuart FL 34996 Condo Market Report April 2015

The Stuart FL 34996 Condo Market was very strong for April.  Activity eased slightly from last month’s hot pace, but this is still a strong market with a lot of activity.  While both pending and closed sales were off from last month, this is still a hot area for Stuart condos.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – decreased to 4.8 months from March’s 3.1 months .  Still a strong sellers market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for April 2014 were: 142 active listings, 46 pending sales and 41 closed sales.  Better closed activity for last year, but with considerably more inventory.  Also, better pending activity this year, which may mean good sales activity in the coming months.

Stuart FL 34996 Condo Market Report April 2015

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Stuart Florida Real Estate presented by:
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Stuart FL 34996 Condo Market Report April 2015

Stuart FL 34996 Residential Market Report April 2015

Stuart FL 34996 Residential Market Report April 2015

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

 

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

 

There are currently 173 active listings (Up by 6 homes from March).

Stuart FL 34996 Residential Market Report April 2015

29 Residential sales are pending and awaiting close or lender approval (Down by 8 homes from March).

Stuart FL 34996 Residential Market Report April 2015

18 Homes Sold in April (Decreased by 3 homes from March).

Stuart FL 34996 Residential Market Report April 2015

The 34996 zip code area of the Stuart Florida residential real estate market retreated from the improved numbers of last month.  Both pending sales as well as closed sales were off for the month as compared to March.  A little bit of a disappointing report especially when looking at our other Stuart markets.

The one month absorption rate for the 34996 zip code area of Stuart Florida for April increased to 9.6 months as compared to March’s 7.9 months.  Drifting to even a stronger buyers’ market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for April of 2014 were: 186 active listings, 52 pending sales and 11 closed sales.  Better sales activity this year, but the pending sales are off as compared to last year, which may mean slower sales in the immediate future.

Stuart FL 34996 Residential Market Report April 2015

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Stuart Florida Real Estate presented by:

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Stuart FL 34996 Residential Market Report April 2015

Stuart FL 34994 Condo Market Report April 2015

Stuart FL 34994 Condo Market Report April 2015

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

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

 

There are currently 93 active condo listings (Decreased by 2 condos from March).

Stuart FL 34994 Condo Market Report April 2015

40 Condo sales are pending and awaiting close or lender approval. (Decreased by 6 condo from last month) 

Stuart FL 34994 Condo Market Report April 2015

19 Condos Sold in April (Unchanged from March).

Stuart FL 34994 Condo Market Report April 2015

The Stuart FL 34994 Condo market showed strong activity for April 2015.  Very similar activity to last month with a drop in pending sales which may indicate a decrease in future closed sales.

The one month absorption rate decreased to 4.9 months compared to last month’s 5.0.  Continuing as a seller’s 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 April the numbers were 111 active listings, 56 pending sales, and 23 closed sales. For the 34994 zip code area of Stuart, this year’s activity is not quite as robust as it was for April 2014.

Stuart FL 34994 Condo Market Report April 2015

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

Stuart Florida Market Report ZIP Code 34994 Residential April 2015

Stuart Florida Market Report ZIP Code 34994 Residential April 2015

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

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

There are currently 68 active listings (Decreased by 8 homes from March)

Stuart Florida Market Report ZIP Code 34994 Residential April 2015

33 Residential sales are pending and awaiting close or lender approval (Decreased by 12 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential April 2015

21 Homes Sold in March (Up by 5 homes from March)

Stuart Florida Market Report ZIP Code 34994 Residential April 2015

The 34994 ZIP code area of the Stuart, Florida showed continued strong activity, but unfortunately the inventory is dropping to very low levels and this is reflected in the decreasing number of pending sales.  A possible indication of future slower closed activity.

The one month absorption rate for the 34994 zip code for April decreased to 3.2 months from last months 4.8 months, even a stronger seller’s market for April.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The April 2014 numbers were 74 Active Listings, 24 pending sales and 15 closed sales.  Better overall activity for this year as compared to April of 2014.

Stuart Florida Market Report ZIP Code 34994 Residential April 2015

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Stuart, FL Real Estate

Rental Properties

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Stuart Florida Market Report ZIP Code 34994 Residential April 2015

Sewalls Point Single Family Market Report April 2015

Sewalls Point Single Family Market Report April 2015

Sewalls Point Real Estate Snapshot, Residential Sales for April 2015

 

There are currently 79 active listings (Increased by 7 homes since last month)

Sewalls Point Single Family Market Report April 2015

11 home sales are pending and awaiting close or lender approval (Down by 6 homes from March)

Sewalls Point Single Family Market Report April 2015

6 Homes sold in April (Increased by 3 homes from March)

Sewalls Point Single Family Market Report April 2015

The Sewalls Point single family homes market activity remains challenging for sellers.  Though buyers have some excellent choices and opportunities at the present time.  Closed sales doubled from last month, though the inventory is quite high and pending sales decreased.

The current absorption rate dropped to 13.2 months, in March it was 24 months. Much improved from last month, but still a buyer’s market.  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 April of 2014, the inventory was 58 homes on the market, 13 pending sales and there were 5 closed sales.  Other than 1 additional closed sale this year, last years activity was better when considering the lower inventory.

Sewalls Point Single Family Market Report April 2015

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Sewalls Point Single Family Market Report April 2015

 

May 2015 Market Report for Ocean Bay Villas on Hutchinson Island

May 2015 Market Report for Ocean Bay Villas on Hutchinson Island

As of May 5, 2015 there are 4 available homes in the Ocean Bay Villas community on Hutchinson Island, FL.  List prices are from $369,000 to $595,000, for an average of $195.89 per sq. ft. of living area.

There are no current pending sales.

There have been 5 closed sales in the past 12 months.  Sales prices ranged from $245,000 to $530,000.   Sales prices averaged out at $153.33 per sq. ft. of living area.  One of these sales was a short sale.  The other four were non-distressed sales.

Ocean Bay Villas on Hutchinson Island is an exclusive private enclave for only 78 owners located beautiful and unspoiled Hutchinson Island in Saint Lucie County on Florida’s Treasure Coast.  All villas in Ocean Bay feature three story luxury town home style residences with elevators and modern updated interiors.

There are three different home plans; The Azalea with 3 Bedrooms, 3 & 1/2 Baths and Den in 2171 sq. ft. of living area. The Beachberry which has 3 Bedrooms, 3 Baths, Den and Office in 2,327 sq. ft. of living area.  And, the Cocoplum with with 3 Bedrooms, 3 & 1/2 Baths and Den in 2,579 sq. ft. of living area

All models have two car garages, 9 and 10 foot ceilings. This gated Ocean Side community features an entertainment clubhouse, fitness center, community pool and spa.  A true resort style lifestyle that can be yours everyday.

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May 2015 Market Report for Ocean Bay Villas on Hutchinson Island

May 2015 Market Report for Legacy Cove in Stuart Florida

May 2015 Market Report for Legacy Cove in Stuart Florida

There are currently 6 homes for sale in Legacy Cove in Stuart, FL.  Listing prices range from $270,000 to $385,000 for an average listing price of $336,108 or a price per square foot of living area of $163.36.

There is only 1 home currently under contract awaiting settlement.  The list price is $327,900 or $131.58 per sq. ft. of living area.  This is not a distressed sale.

In the past 12 months, 21 homes have sold in Legacy Cove with sales prices ranging from $238,500 to $463,100 for an average sales price of $333,205 or $140.20 per sq. ft. of living area.  These sales averaged 96% of list price.  There was only one bank owned foreclosure in these sales and no shot sales.

Legacy Cove in Stuart FL

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

Legacy Cove in Stuart FL

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

Legacy Cove in Stuart FL

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

Legacy Cove in Stuart FL

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

Legacy Cove in Stuart FL

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

Legacy Cove in Stuart FL

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

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

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May 2015 Market Report for Legacy Cove in Stuart Florida