Search Results for: st lucie county market report

May 2016 Monthly Market Detail St Lucie County Single Family Homes

May 2016 Monthly Market Detail St Lucie County Single Family Homes is bucking the trend from the rest of Florida amd it’s neighbor to the south with strong increases in activity as compared to last year. Closed sales were up by 11.2% (in April they were down by 3.0%) and new sales under contract (new pending sales) increased by 7.7% (they were up by 7.6% last month).

And along with increased sales prices are also continuing to go higher for May. Both the median and average sales prices up by 15.6% and 15.2% respectively from last May (For April these numbers were 12.9% and 15.5%).

Active listings fell by 91 homes to 1,628 homes. This inventory is 6.3% greater than last year. The current supply of homes is at 3.6 months (an 9.1% increase from last year). The St Lucie County single family home market remains in a hot sellers market.

Click here to view or download the full report:
May 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.

May 2016 Monthly Market Detail St Lucie County Single Family Homes

May 2016 Monthly Market Detail Martin County Townhouses and Condos

06.28.16 by Gabe Sanders

May 2016 Monthly Market Detail Martin County Townhouses and Condos

May 2016 Monthly Market Detail Martin County Townhouses and Condos had less volume of closed and pending sales from last year, but is still a very active market. Closed sales were down by 5.1% (was up by 3.9% in April) and new sales under contract (new pending sales) were down by 5.4% from May 2014 (decreased by 8.4% in April).

Slightly mixed signals with prices as the median sales price dropped by .0.4% (was up by 19.1% in April) while the average sales price increased by 6.7% (was up by 28.9% in April) as compared to May of 2015. After many months of double digit price gains, this moderation will be welcome news to buyers.

The inventory of available townhouses and condos increased by 7 units to 417 properties as compared to last month. The second month of increases. This is 1.7% above the May 2015 inventory. Currently, there’s a 4.2 month supply of inventory (a 7.7% increase from last year). Still in a sellers market for townhouses and condos for Martin County.

Click here to view or download the full report:
May 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.

May 2016 Monthly Market Detail Martin County Townhouses and Condos

May 2016 Monthly Market Detail Martin County Single Family Homes

06.27.16 by Gabe Sanders

May 2016 Monthly Market Detail Martin County Single Family Homes

The May 2016 Monthly Market Detail Martin County Single Family Homes had reduced closed and pending volume when compared to last year. Closed sales were down by 2.8% (was down by 4.3% in April). New pending sales decreased by 14.7% as compared to May of 2015 (Decreased by 0.3% in April).

Mixed signals with prices as the median sales price was up by 15.8% from last year (up by 6.7% in April) while the average price decreased by 3% (was up by 22.6% last month). I expect that prices will moderate to a much smaller rate of increase in the coming year.

The inventory of available single family homes increased from last month by 14 homes to 1,054 units for this month, this is 6.8% greater than last May. Current supply of homes is 5.1 months, for May of last year it was a 4.9 months supply. (This is a 4.1% increase from last year). Still a sellers market for Martin County single family home sales.

Click here to view or download the full report:
May 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.

May 2016 Monthly Market Detail Martin County Single Family Homes

May 2016 Monthly Market Detail Florida Townhouses and Condos

06.26.16 by Gabe Sanders

May 2016 Monthly Market Detail Florida Townhouses and Condos

The May 2016 Monthly Market Detail Florida Townhouses and Condos continues to slow it’s pace from the very strong activity of the past three years. Closed sales were up by 0.1% as compared to last months decrease of 5.3% and new sales under contract (new pending sales) decreased by 4.6% (In April there was a 5.7% decrease). Even though the inventory has begun to rise from the all time lows of the previous few months, the tremendous rise in prices have made this segment of Florida’s real estate market a bit too pricey for many.

Prices were mixed for may with the median sales price up by 4.4% (was also up by 4.4% in April), while the average sales price decreased by 1.3% (was up 2.9% in April). If prices continue to stay somewhat stable or even decrease slightly, I expect the volume of sales to increase.

The inventory increased by 7.4% from May of last year. For May 2016 we have 6.1 months of inventory (was 6.3 months in April) and compared to 5.8 for May 2015. We are currently in a balanced market for Florida townhouse and condo sales.

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:
May 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.

May 2016 Monthly Market Detail Florida Townhouses and Condos

May 2016 Monthly Market Detail Florida Single Family Homes

06.25.16 by Gabe Sanders

May 2016 Monthly Market Detail Florida Single Family Homes

The May 2016 Monthly Market Detail Florida Single Family Homes remains quite active, but showing some signs of stress as the inventory remains low and the values continue to rise. Closed sales were up by 4.5% (was down by 0.6% in April) and new sales under contract (new pending sales) were down by 2.7% (was down by 4.2% in April).

Both median and average sales prices continue to rise ( May 2015 to May 2016) by 10.5% and 4.2% respectively, compared to April’s 9.2% and 3.8%. Sooner or later these strong price gains will have a negative effect on sales and I expect this rise to slowdown in the near future.

The inventory of available homes for sale fell by 2.5% from last year. Higher demand areas of Florida have seen decreasing inventory for more than three years now. For May there was only a 4.4 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (May of 2015 had a 4.7 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:

May 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.

May 2016 Monthly Market Detail Florida Single Family Homes

Snug Harbor Stuart June 2016 Market Report

06.19.16 by Gabe Sanders

Snug Harbor June 2016 Market Report

As of June 2016, there are 5 active listings in Snug Harbor in Stuart, FL. The list prices range from $749,000 to $2,595,000 for an average list price of $1,372,980 which equals $335.82 per sq. ft. of living area. As of June 19, 2016 these homes have been on the market for an average of 121 days.

There are currently no homes under contract or pending.

5 homes have sold in Snug Harbor in the past 12 months. Ranging in sales price from a low of $340,000 up to $2,550,000. The average sales price was $1,131,060 or $371.16 per sq. ft. of living area. These sales averaged at 93% of the last listed price and averaged 99 days on market prior to going under contract.

About Snug Harbor

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 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.

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

Search here for:

Snug Harbor Homes for Sale

Snug Harbor June 2016 Market Report

Bay Colony of Stuart June 2016 Market Report

06.06.16 by Gabe Sanders

Bay Colony of Stuart June 2016 Market Report

As of June 2016, there was only 1 active listing in the Bay Colony of Stuart. This home is listed for $649,000 or $207.88 per sq. ft. of living area. As of June 6, this home has been on the market for 154 days.

There are currently no homes under contract or pending.

2 homes have sold in the past 12 months. The sales prices were $735,000 and $1,275,000. The average sales price was $1,005,000 which equals $254.14 per sq. ft. of living area. These sales averaged 90% of listing price and the average days on market prior to going under contract was 85 days.

The Bay Colony of Stuart is an exclusive gated community lying on the shores of the North Fork of the Saint Lucie River. There are 34 home sites in Bay Colony and as of February 2016 only two vacant lots remain.

Many homes in Bay Colony are waterfront and enjoy gorgeous mile long wide open views of the river. Homes come in sizes from 3 bedroom, 2 bathroom homes of just over 2,000 sq. ft. of living area up to a 5 bedroom, 5 bathroom home with over 5,000 sq. ft. of living space and almost 6,300 sq. ft. under roof. Homes have been built from 1979 to the newest which was completed in 2005.

This community enjoys low HOA fees of only $775 per year which go towards maintaining the common areas and gate.

Excellent location that’s close to the Treasure Coast Mall and the shopping areas of US-1 in Jensen Beach as well as only a few minutes to the beaches of the Atlantic Ocean.

This community is in the Martin County School system and children attend the Felix Williams Elementary, Stuart Middle and Jensen Beach High Schools.

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Bay Colony Homes for Sale

Bay Colony of Stuart June 2016 Market Report

Sea Winds Condos June 2016 Market Report

06.02.16 by Gabe Sanders

Sea Winds Condos June 2016 Market Report

For June 2016 there are three condos available for sale in Sea Winds in Jensen Beach on Hutchinson Island. List prices range from a low of $229,900 to a high of $309,000 for an average list price of $269,300 which equals $194.34 per sq. ft. of living area. These condos have been on the market for an average of 86 days.

There is only 1 condo under contract. This condo was listed for $310,000 or $225.95 per sq. ft. of living area and was on the market for 163 days before going under contract.

In the past year, four condos have sold in Sea Winds. Sales prices ranged from $207,500 up to $270,000 for an average sales price of $241,875 which is $202.07 per sq. ft. of living area. These four condos averaged 53 days on the market before going under contract and sold for an average of 96% of the last listed price.

About Sea Winds Condos:

Sea Winds Condos in Jensen Beach FL

The Sea Winds Condos of Jensen Beach on Hutchinson Island is a one of a kind 12 story building with 8 condos per floor for a total of 96, 2 bedroom, 2 bathroom residences that were originally built in 1983. There are two end units for each side of the building with larger square footage and wrap around balconies with some magnificent views. These units have a spacious 1,414 or 1,397 sq. feet of living area enclosed plus the additional balcony space. The remaining four interior condos per floor feature 1,197 sq. ft. of living areas plus the balcony.

Sea Winds Condos in Jensen Beach FL

The residents of Sea Winds enjoy private beach access, a heated pool and clubhouse with a large common area and kitchen, as well as a tennis court, vehicle wash area, BBQ area and additional storage. Residents are allowed two pets not exceeding 15 lbs. each. Rentals are also permitted with a minimum 3 month duration.

Sea Winds Condos in Jensen Beach FL

The condo association fees were $1,190 per quarter as of May 2016, making Sea Winds one of the most affordable on Hutchinson Island in Jensen Beach. Sea Winds units don’t come on the market often as this is a highly desirable building.

Search here to see if any Sea Winds condos are available 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 – Sand Dollar Shores – Villa del Sol

Sea Winds Condos June 2016 Market Report

April 2016 Monthly Market Detail St Lucie County Townhouses and Condos

05.29.16 by Gabe Sanders

April 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The April 2016 Monthly Market Detail St Lucie County Townhouses and Condos had a small increase in closed sales volume as compared to last year but a decrease in new pending sales. Closed sales were up 2.9% from last year (was down 23.1% in March) while new pending sales decreased by 8.5% (was down by 7.5% in March).

The median sales price increased by 10.0% (was up by 9.2% in March) while the average sales price was up by 4.7% (decreased 2.8% in March). This segment of the St Lucie real estate market has seen some price reductions in previous months. Now, it’s back on the upward trend.

The inventory of available townhouses and condos decreased by 13 units from last month to 642 units, which is 8.1% greater than April 2015. The current supply of inventory dropped by a tenth of one percent to 6.5 months, which is 14.0% greater than last year. The St Lucie County townhouses and condos market remains in basically a balanced market and leaning towards going into a buyers 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:
April 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.

April 2016 Monthly Market Detail St Lucie County Townhouses and Condos

April 2016 Monthly Market Detail St Lucie County Single Family Homes

05.28.16 by Gabe Sanders

April 2016 Monthly Market Detail St Lucie County Single Family Homes

April 2016 Monthly Market Detail St Lucie County Single Family Homes continues to show a slightly weaker volume in closed sales and increased pending sales activity from last year. Yet, this is still a very strong market. Closed sales were down by 3.0% (in March they were up by 0.2%) and new sales under contract (new pending sales) increased by 7.6% (they were down by 4.7% last month).

And the prices continue their upward march. Both the median and average sales prices up by 12.9% and 15.5% respectively from last April (For March these numbers were 19.4% and 16.2%).

Active listings fell by 103 homes to 1,719 homes. This inventory is 11.2% greater than last year. The current supply of homes is at 3.9 months (an 18.2% increase from last year). The St Lucie County single family home market remains in a strong sellers market, though not quite as super-heated as last year.

Click here to view or download the full report:
April 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.

April 2016 Monthly Market Detail St Lucie County Single Family Homes

April 2016 Monthly Market Detail Martin County Townhouses and Condos

05.27.16 by Gabe Sanders

April 2016 Monthly Market Detail Martin County Townhouses and Condos

April 2016 Monthly Market Detail Martin County Townhouses and Condos had a small increase in closed sales, though future pending sales are lower. Closed sales were up by 3.9% (was down by 11.2% in March) and new sales under contract (new pending sales) were down by 8.4% from April 2014 (decreased by 5.9% in March).

The median sales price was up by 19.1% (was up by 26.6% in March) while the average sales price increased by 28.9% (was up by 40.3% in March) as compared to April of 2015. These are very impressive price gains and I just don’t know how long this can continue before it prices more buyers out of the Martin County real estate market

The inventory of available townhouses and condos increased by 12 units to 410 properties as compared to last month. The first increase in two months. This is 2.4% below the April 2015 inventory. Currently, there’s a 4.2 month supply of inventory (a 5.0% decrease from last year). Still in a strong sellers market for townhouses and condos for Martin County.

Click here to view or download the full report:
April 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.

April 2016 Monthly Market Detail Martin County Townhouses and Condos

April 2016 Monthly Market Detail Martin County Single Family Homes

05.26.16 by Gabe Sanders

April 2016 Monthly Market Detail Martin County Single Family Homes

The April 2016 Monthly Market Detail Martin County Single Family Homes showed lower closed sales from last years numbers and a continued decrease in inventory. Year to year closed sales were down by 4.3% (was up 3.4% in March). New pending sales decreased by 0.3% as compared to April of 2015 (Decreased by 0.8% in March).

And prices continue to rise as the median sales price was up by 6.7% from last year (up by 17.1% in March) while the average price increased by 22.6% (was up by 15.3% last month). Price increases of this magnitude are probably unsustainable and I don’t anticipate them going up like this for much longer.

The inventory of available single family homes decreased from last month by 60 homes to 1,040 units for this month, this is 1.5% less than last April. Current supply of homes is 5.1 months, for April of last year it was a 5.3 months supply. (This is a 3.8% decrease from last year). Still a sellers market for Martin County single family home sales.

Click here to view or download the full report:
April 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.

April 2016 Monthly Market Detail Martin County Single Family Homes

April 2016 Monthly Market Detail Florida Townhouses and Condos

05.25.16 by Gabe Sanders

April 2016 Monthly Market Detail Florida Townhouses and Condos

The April 2016 Monthly Market Detail Florida Townhouses and Condos is beginning to show some slower activity tahn in past years drifting out of a sellers market and currently in a balanced one. Closed sales were down by 5.3% as compared to last months decrease of 7.1% and new sales under contract (new pending sales) decreased by 5.7% (In March there was a 10.1% decrease). While on the single family side of the Florida real estate market this decrease in volume can be attributed to inventory, for condos and townhouses it appears to be strictly price related as the inventory has been gaining in the past few months.

Inexplicably, prices continue to rise, though at a slower pace than for the past few years. The median sales price was up by 4.4% (up by 3.3% in March), while the average sales price increased by 2.9% (was down 3.9% in March). Should the inventory continue to rise with slow sales, I expect these price increase to shrink in the near future.

The inventory increased by 7.5% from April of last year. For April 2016 we have 6.3 months of inventory (was also 6.3 months in March) and compared to 5.9 for April 2015. We are currently in a balanced market for Florida townhouse and condo sales.

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:
April 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.

April 2016 Monthly Market Detail Florida Townhouses and Condos

Bay Colony of Stuart May 2016 Market Report

05.25.16 by Gabe Sanders

Bay Colony of Stuart May 2016 Market Report

For May of 2016 there is one home for sale in the Bay Colony of Stuart. This home is listed for $649,000 which is $207.88 per sq. ft. of living area. This home has been on the market for 141 days.

There is also one home under contract which has not closed at the time this report was written. The list price is $775,000 or $212.27 per sq. ft. of living area. This home was on the market for 84 days prior to going under contract.

And, in the past twelve months one home sold in the Bay Colony of Stuart with a sales price of $1,275,000 which equals $254.14 per sq. ft. of living area. This home was on the market for 83 days prior to going under contract and sold for 85% of list price.

About the Bay Colony of Stuart

The Bay Colony of Stuart is an exclusive gated community lying on the shores of the North Fork of the Saint Lucie River. There are 34 home sites in Bay Colony and as of February 2015 only two vacant lots remain.

Bay Colony of Stuart

This community enjoys low HOA fees of only $775 per year which go towards maintaining the common areas and gate (current as of October 2015).

Bay Colony of Stuart

Excellent location that’s close to the Treasure Coast Mall and the shopping areas of US-1 in Jensen Beach as well as only a few minutes to the beaches of the Atlantic Ocean.

This community is in the Martin County School system and children attend the Felix Williams Elementary, Stuart Middle and Jensen Beach High Schools.

You can search this link for any available Bay Colony of Stuart Homes for Sale

Bay Colony of Stuart May 2016 Market Report

April 2016 Monthly Market Detail Florida Single Family Homes

05.24.16 by Gabe Sanders

April 2016 Monthly Market Detail Florida Single Family Homes

The April 2016 Monthly Market Detail Florida Single Family Homes shows continued strong activity but less robust than last year primarily because of reduced inventory and strong price increases. Closed sales were down by 0.6% (was also down by 0.6% in March) and new sales under contract (new pending sales) were down by 4.2% (was down by 6.3% in March).

Both median and average sales prices continue to rise ( April 2015 to April 2016) by 9.2% and 3.8% respectively, compared to March’s 10.3% and 4.9%. These year to year price increases remain very strong, and in my opinion, unsustainable for the long run. But, for now, these increases show no signs of abating.

The inventory of available homes for sale fell by 23% from last year. Higher demand areas of Florida have seen decreasing inventory for more than three years now. For April there was only a 4.5 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (April of 2015 had a 4.8 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:

April 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.

April 2016 Monthly Market Detail Florida Single Family Homes

Villa del Sol May 2016 Market Report

05.24.16 by Gabe Sanders

Villa del Sol May 2016 Market Report

For may 2016 there are three condos on the MLS in Villa del Sol on Hutchinson Island in Jensen Beach FL. List prices range from $125,000 to $220,000 for an average list price of $164,967 or $206.88 per sq. ft. of living area. These condos have been on the market for an average of 246 days.

There are two condos under contract in Villa del Sol. List prices were $275,000 and $235,000 for an average of $255,000 which equals $183.21 per sq. ft. of living area. These condos averaged 145 days on market prior to going under contract.

In the past 12 months, 4 condos have sold with sales prices from $130,000 up to $250,000 for an average sales price of $187,500 which is $114.78 per sq. ft. of living area. These condos sold for an average of 87% of list price and were under contract in an average of 203 days after being listed.

About the Villa Del Sol Condos on Hutchinson Island

Villa del Sol condos on Hutchinson Island in Jensen Beach

The Villa del Sol condominium on Hutchinson Island is the first set of condos north of the Jensen Beach Causeway in Saint Lucie County. This complex was completed between 1970 and 1974 and includes 73 units of condos as well as townhouse style condos from 1 Bedroom, 1 Bath units of 540 sq. ft. of living area under AC up to 2 Bedroom, 2.5 Baths, 2 story units of 1,394 sq. ft.

Villa del Sol condos on Hutchinson Island in Jensen Beach

This is an oceanfront complex with a community pool, private beach access and manager on site. 1 large pet is permitted and the rental policy allows rentals of 30 days or greater. As of this writing the condo fees are $426 per month.

Villa del Sol condos on Hutchinson Island in Jensen Beach

Great location only a short drive to downtown Jensen Beach as well as within walking distance of shops on Hutchinson Island.

Villa del Sol condos on Hutchinson Island in Jensen Beach

Click here for available Villa del Sol Condos for Sale

Villa del Sol May 2016 Market Report

Harborage Yacht Club May 2016 Market Report

05.21.16 by Gabe Sanders

Harborage Yacht Club May 2016 Market Report

For May 2016 there are 19 active listings in the Harborage Yacht Club with list prices ranging from $139,900 up to $310,000 for an average list price of $204,391 which comes out to $172.65 per sq. ft. of living area. As of May 17, 2016 the average days on market for these condos is 276.

There is only one condo under contract. The list price was $150,000 or $128.31 per sq. ft. of living area with this condo going under contract 28 days after being listed.

In the past 12 months, 7 condos have sold. Sales prices were from $127,000 up to $230,000 for an average sales price of $163,714 which equals $136.18 per sq. ft. of living area. These condos sold on average at 90% of list price and took an average of 389 days before going under contract.

About the Harborage Yacht Club Condos in Stuart Florida

Located just north of the charming historical heart of Martin County, Stuart’s downtown and just across the Roosevelt Bridge is one of Stuart’s newest waterfront communities, the Harborage Yacht Club and Marina. Located on the shores of the wide Saint Lucie River and only minutes to access the Atlantic Ocean via the Saint Lucie Inlet and then either great fishing or travel to points beyond.

The Harborage Yacht Club and Marina consists of a newer condo development with 2 and 3 bedroom luxury residences called cottages, almost all with sweeping water views. Developed by well renowned Altman Development Corporation and constructed from 2004 to 2006. Completely sold out at it’s unveiling, many units are currently available at deeply discounted prices.

The marina consists of 150 deep water docks available for rent for both owners and visitors to the beautiful Treasure Coast. Amenities include a state of the art 3 story yacht club, with the exclusive Harbor Grille restaurant, a completely equipped professional fitness center with sauna and spa, infinity edge pool and spa, and much, much more.

Yacht club membership is included for all residents and limited memberships are available for non-residents at this time. Recent changes to the HOA fees have had a negative effect on sales in Harborage with the current fees exceeding $1,000 a month. This includes a great many amenities and for the price of newer waterfront units it may just be worth it for the right buyer.

Search for available Condos in the Harborage Yacht Club

May 2016 Market Report for River Pines in Stuart FL

05.15.16 by Gabe Sanders

May 2016 Market Report for River Pines in Stuart FL

As of may 2016, there are 6 active listings for River Pines townhomes for sale in Stuart, FL. Prices range from $129,900 to $149,900 which equals to an average list price of $143,883 or $111.71 per sq. ft. of living area.

There are 6 River Pines town homes under contract awaiting sale. List prices are from $89,000 to $154,900 for an average list price of $123,250 or $102.47 per sq. ft. of living area. These properties averaged 89 days on the market prior to going under contract.

In the past 12 months, 23 townhouses have sold in River Pines with sales prices ranging from$95,000 to $147,000 which equals to an average sales price of $120,261 or $93.37 per sq. ft. of living area. These townhomes have been on the market for an average of 43 days prior to going under contract and sold for 95% of the last list price.

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 May, 2014 HOA fees were $160 per month.

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May 2016 Market Report for River Pines in Stuart FL

May 2016 Market Report for Legacy Cove in Stuart Florida

05.11.16 by Gabe Sanders

May 2016 Market Report for Legacy Cove in Stuart Florida

There are currently 5 homes for sale in Legacy Cove in Stuart, FL. Listing prices range from $319,900 to $475,000 for an average listing price of $404,580 or a price per square foot of living area of $161.49.

There are three homes currently under contract awaiting settlement. The list prices range from $329,000 to $399,000 or $159.21 per sq. ft. of living area. These homes averaged 24 days on the market prior to going under contract.

In the past 12 months, 7 homes have sold in Legacy Cove with sales prices ranging from $260,000 to $482,000 for an average sales price of $337,357 or $148.27 per sq. ft. of living area. These sales averaged 95% of list price and went under contract in an average of 55 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.

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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 2016 Market Report for Legacy Cove in Stuart Florida

May 2016 Market Report for Ocean Bay Villas on Hutchinson Island

05.09.16 by Gabe Sanders

May 2016 Market Report for Ocean Bay Villas on Hutchinson Island

As of May 2016 there are 8 available homes in the Ocean Bay Villas community on Hutchinson Island, FL. List prices are from $349,000 to $569,900, for an average list price of $449,943 or $186.70 per sq. ft. of living area. These townhomes have been on the market for an average of 173 days.

There are no current pending sales.

There have been 5 closed sales in the past 12 months. Sales prices ranged from $290,000 to $397,500 which averages to $350,500 and is equal to $143.90 per sq. ft. of living area. These homes sold for an average of 88% of list price and also averaged 184 days on market before going under contract.

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 2016 Market Report for Ocean Bay Villas on Hutchinson Island

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