Search Results for: st lucie county market report

Island Club Condos November 2016 Market Report

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

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

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

The Island Club Condos in Jensen Beach

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

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

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

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

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

Click here for currently available Island Club Condos for Sale

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

November 2016 Market Report for Legacy Cove in Stuart Florida

11.14.16 by Gabe Sanders

November 2016 Market Report for Legacy Cove in Stuart Florida

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

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

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

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

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

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

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

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

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

Search here for Legacy Cove Homes for Sale

For any questions you November 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

November 2016 Market Report for Legacy Cove in Stuart Florida

November 2016 Market Report for River Pines in Stuart FL

11.12.16 by Gabe Sanders

November 2016 Market Report for River Pines in Stuart FL

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

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

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

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

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

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

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

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Stuart Florida Real Estate presented by:
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November 2016 Market Report for River Pines in Stuart FL

St. Lucie County Townhouses and Condos 2016 3’rd Quarter Report

11.11.16 by Gabe Sanders

Quarterly Market Report for St. Lucie County Townhouses and Condos

3’rd Quarter 2016

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 3’rd quarter of 2016.

Sales and pending sale volume was down this quarter as compared to the 3’rd quarter of 2015 while prices continued to rise. Active inventory also declines making this townhouse and condo market even more of a sellers’ market.

View the entire set of data at GabeSanders.com

Sand Dollar Shores Condos on Hutchinson Island November 2016 Market Report

11.11.16 by Gabe Sanders

Sand Dollar Shores Condos on Hutchinson Island November 2016 Market Report

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

There are no condos currently under contract.

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

About the Sand Dollar Shores Condos on Hutchinson Island

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

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

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

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

Search here for the available Sand Dollar Shores Condos for Sale

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

Island Crest Condos on Hutchinson Island November 2016 Market Report

11.10.16 by Gabe Sanders

Island Crest Condos on Hutchinson Island November 2016 Market Report

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

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

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

About Island Crest Condos on Hutchinson Island

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

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

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

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

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

St. Lucie County Single Family Homes 2016 3’rd Quarter Report

11.09.16 by Gabe Sanders

Quarterly Market Report for St. Lucie County Single Family Homes

3’rd Quarter 2016

Click the image below to view the full details of the St. Lucie County single family homes market report data as reported by St. Lucie County Realtor for the 3’rd quarter of 2016.

Slightly lower volume of closed and pending sales for this quarter as compared to 2015 while prices continue to rise. Still a strong sellers’ market for the St. Lucie County single family homes real estate market.

View the entire set of data at GabeSanders.com

Empress Condos on Hutchinson Island November 2016 Market Report

11.08.16 by Gabe Sanders

Empress Condos on Hutchinson Island November 2016 Market Report

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

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

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

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

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

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

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

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

Click here for currently available Empress Condos for Sale

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

Empress Condos on Hutchinson Island November 2016 Market Report

Springtree Stuart FL November 2016 Market Report

11.06.16 by Gabe Sanders

Springtree Stuart FL November 2016 Market Report

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

Currently, there are no homes under contract in Springtree.

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

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

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

Search here for any available Springtree Homes for Sale

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

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

Springtree Stuart FL November 2016 Market Report

September 2016 Monthly Market Detail St Lucie County Townhouses and Condos

10.31.16 by Gabe Sanders

September 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The September 2016 Monthly Market Detail St Lucie County Townhouses and Condos picked up a little from last month and remains quite strong. Closed sales were unchanged from last year (was down 3.8% in August) while new pending sales decreased by 5.1% (was down by 2.9% in August).

Prices continue to increase, though at a more moderate pace than in past months, with the median price up by 6.5% (was up by 23.0% in August) while the average sales price increased by 5.9% (was up by 10.8% in August). These increases are much more in line with continued moderate gains for year to year in the future.

The inventory of available townhouses and condos decreased by 19 units from last month to 507 units, which is 6.3% less than September 2015. The current supply of units is 5.1 months, which is 3.8% lower than the 5.3 months of inventory last year. The St Lucie County townhouses and condos continues to be in a sellers market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

Click here to view or download the full report:
September 2016 Monthly Market Detail St Lucie County Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

September 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Lost River Plantation October 2016 Market Report

10.31.16 by Gabe Sanders

Lost River Plantation October 2016 Market Report

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

There are no homes currently under contract in Lost River.

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

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

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

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Stuart Florida Real Estate is presented by:
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Lost River Plantation October 2016 Market Report

September 2016 Monthly Market Detail St Lucie County Single Family Homes

10.30.16 by Gabe Sanders

September 2016 Monthly Market Detail St Lucie County Single Family Homes

September 2016 Monthly Market Detail St Lucie County Single Family Homes showed reduced sales activity from last September. Closed sales were down by 6.6% (in August they were up by 8.3%) and new sales under contract (new pending sales) decreased by 11.5% (they were down by 15.1% last month).

Prices, however, continue their upward march at strong rates. The median and average sales prices up by 10.0% and 10.6% respectively from last September (For August these numbers were 18.7% and 20.2%). While these are very good results for sellers, they make me a little nervous as rates of increase this high may result in lower affordability of homes and subsequently less sales in the future.

Active listings increased by 57 homes to 1,671 homes. This inventory is 11.0% higher than last year. The current supply of homes is at 3.7 months (3.3 months for September of 2015) This is 12.1% greater than last year. The St Lucie County single family home market remains in a very strong sellers market. A balanced market is one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
September 2016 Monthly Market Detail St Lucie County Single Family Homes

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

September 2016 Monthly Market Detail St Lucie County Single Family Homes

September 2016 Monthly Market Detail Martin County Townhouses and Condos

10.29.16 by Gabe Sanders

September 2016 Monthly Market Detail Martin County Townhouses and Condos

September 2016 Monthly Market Detail Martin County Townhouses and Condos had reduced sales volume and prices for September as compared to last year, yet still remains a very active market. Closed sales were down for the month, decreased by 3.2% (was up by 4.8% in August) while new sales under contract (new pending sales) were down by 16.8% from September 2014 (decreased by 8.7% in August).

Prices were mixed for September as the median sales price increased by 6.5% (was down by 9.3% in August) while the average sales price decreased by 4.0% (was down by 8.2% in August) as compared to September of 2015. Typically this split indicates a greater number of sales in the lower priced ranges and slower movement in the higher priced segments.

The inventory of available townhouses and condos decreased by 13 units to 364 properties as compared to last month. This is 11.3% greater than the September 2015 inventory. Currently, there’s a 3.7 month supply of inventory (an 11.3% increase from last year). Still a strong sellers market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
September 2016 Monthly Market Detail Martin County Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

September 2016 Monthly Market Detail Martin County Townhouses and Condos

September 2016 Monthly Market Detail Martin County Single Family Homes

10.28.16 by Gabe Sanders

September 2016 Monthly Market Detail Martin County Single Family Homes

The September 2016 Monthly Market Detail Martin County Single Family Homes continues to show reduced sales volume when compared to last years figures, yet remains a strong market. Closed sales were down by 9.2% (was down by 9.1% in August). New pending sales decreased by 1.6% as compared to September of 2015 (Decreased by 7.8% in August).

For September there were mixed signals about prices with the median sales price rising by 12.4% from last year (up by 0.5% in August) while the average price decreased by 8.1% (was up by 2.2% last month). Typically this is a result of higher prices in the lower valued range of home sales and fewer sales in the luxury market.

The inventory of available single family homes decreased from last month by 14 homes to 985 units for September, this is 8.7% greater than last September. Current supply of homes is 5.0 months, for September of last year it was a 4.3 months supply. (This is a 16.3% increase from last year). Still a sellers market for Martin County single family home sales. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
September 2016 Monthly Market Detail Martin County Single Family Homes

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

September 2016 Monthly Market Detail Martin County Single Family Homes

September 2016 Monthly Market Detail Florida Townhouses and Condos

10.27.16 by Gabe Sanders

September 2016 Monthly Market Detail Florida Townhouses and Condos

The September 2016 Monthly Market Detail Florida Townhouses and Condos had a weaker month for sale activity as compared to last year. Closed sales were down by 3.9% as compared to last months increase of 3.3% and new sales under contract (new pending sales) decreased by 5% (In August there was a 6.1% decrease).

Price changes were mixed this month with the median prices rising while average prices declined.. Median sales prices were up by 6.7% (was also up by 6.7% in August), while the average sales price decreased by 2.9% (was up 3.4% in August). As sales activity decreases and if inventory continues to increase, I expect these prices to continue to moderate.

The inventory increased by 9.3% from September of last year. For August 2016 we have 5.8 months of inventory (was also 5.8 months in August) and compared to 5.1 for September 2015. We are approaching a balanced market for Florida townhouse and condo sales. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click on the link below or the graphic to see the full market detail report from Florida Realtors: Click here to view or download the full report:
September 2016 Monthly Market Detail Florida Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

September 2016 Monthly Market Detail Florida Townhouses and Condos

Beau Rivage October 2016 Market Report

10.27.16 by Gabe Sanders

Beau Rivage October 2016 Market Report

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

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

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

About Beau Rivage Real Estate in Stuart FL

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

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

Search for Beau Rivage Homes for Sale

September 2016 Monthly Market Detail Florida Single Family Homes

10.26.16 by Gabe Sanders

September 2016 Monthly Market Detail Florida Single Family Homes

The September 2016 Monthly Market Detail Florida Single Family Homes showed slightly weaker sales activity from last year. Closed sales were down by 0.5% (was up by 8.2% in August) and new sales under contract (new pending sales) were down by 4.8% (was down by 1.1% in August).

Both the median and average sales prices, though, continue to rise from September 2015 to September 2016. Up by 11.3% and 6.8% respectively, compared to August’s 12.6% and 9.3%. I expect the rate of price increases to moderate of sales continue to slow and if inventory begins to rise.

The inventory of available homes for sale fell by 1.6% from last year. For September there was only a 4.2 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (September of 2015 had a 4.3 month supply) A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:

September 2016 Monthly Market Detail Florida Single Family Homes

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

September 2016 Monthly Market Detail Florida Single Family Homes

Admiral Condos October 2016 Market Report

10.26.16 by Gabe Sanders

Admiral Condos October 2016 Market Report

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

There are also no condos under contract at this time.

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

About the Admiral Condominium at Island Dunes

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

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

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

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

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

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

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

The Princess of Hutchinson Island October 2016 Market Report

10.16.16 by Gabe Sanders

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 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 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.

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

Joes Point October 2016 Market Report

10.15.16 by Gabe Sanders

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.

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 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.

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

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