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December 2015 Monthly Market Detail Florida Single Family Homes

01.23.16 by

December 2015 Monthly Market Detail Florida Single Family Homes

The December 2015 Monthly Market Detail Florida Single Family Homes improved only marginally from last December, but somewhat beter than last month.  Closed sales were up by 2.9% (was up by 1.9% in November) and new sales under contract (new pending sales) were down by 1.4% (was down by 2.8% in November).

Both median and average sales prices continue to rise ( December 2014 to December 2015) by 11.6% and 7.7% respectively, compared to November’s 13.6% and 9.6%.  Slightly slower rate of increase than for last mont.

The inventory of available homes for sale fell by 6.6% from last year.  Some high demand areas of Florida have seen decreasing inventory for a number of months now.  For December there was only a 4.3 months supply of inventory, this is a sellers market with the advantage for sellers. (December of 2014 had a 5.2 month supply)

December 2015 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

December 2015 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.

December 2015 Monthly Market Detail Florida Single Family Homes

January 2016 Copperleaf Market Report

01.06.16 by

January 2016 Copperleaf Market Report

There are currently 5 homes actively listed in Copperleaf in Palm City, Florida.  List prices range from a low of $349,900 to a high of $1,095,000.  The average list price is $699,260 which equals $213.58 per square foot of living area.

There are two homes under contract awaiting closing.  The list prices are $284,900 and $327,000 which averages to a $305,950 list price and $149.05 per square foot of living area. These homes averaged 52 days on market before accepting these offers.

In the past 12 months, 19 homes have sold in Copperleaf with an average sales price of $425,231 at $140.32 per square foot of living area and at 96% list to sales price ratio.  The lowest sales price was $270,000 while the highest was $1,050,000.  These sales averaged at 96% of the last list price and were under contract in an average of 61 days.

 January 2016 Copperleaf Market Report

Copperleaf in Palm City FL was first developed by Centex Homes with the first homes constructed and sold in 2007.  New construction continues to the present now under the name of Pulte Homes.  As of this writing there are 123 homes in Copperleaf.  Though, construction continues with room for considerably more homes.

January 2016 Copperleaf Market Report

Home sizes range from estate size homes on over ½ an acre with more than 6,000 sq. ft. of living area down to smaller 3 bedroom, 2 bath homes with 2 car (or more) garages of 1,705 sq. ft.  Copperleaf is conveniently located close to both Florida’s Turnpike and I-95 yet just minutes to shopping, restaurants and the well-respected schools that Martin County has to offer.  Only a few more minutes and you can be on the beach or launch your boat at one of the many boat ramps in the area.

January 2016 Copperleaf Market Report

Copperleaf offers is a gated community with a manned gate by the beautiful entrance.  There’s a clubhouse with exercise facilities, two tennis courts, a community pool and a playground for the little ones.  As of this writing, the Home Owner’s Association fees are $233 per month.  These fees cover Basic Cable TV, Manager, Recreational Facilities, Reserve Fund, Security and Trash pickup.

January 2016 Copperleaf Market Report

There are excellent new construction opportunities as well as re-sales available in Copperleaf of Palm City FL.  Call us for details.

 January 2016 Copperleaf Market Report

Currently, these homes are available for sale in Copperleaf Palm City

 

For any questions you may have about Copperleaf in Palm City Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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January 2016 Copperleaf Market Report

 

January 2016 Market Report High Point Sewalls Point

01.05.16 by

January 2016 Market Report High Point Sewalls Point

As of January 2016, there are 7 homes available for sale on High Point and High Point Isle in Sewalls Point, FL.   Listing prices range from $619,000 to $4,700,000.  The average listing price is 1,948,142 which equals $457.31 per square foot of living area.

There are no High Point homes under contract and awaiting close.

In the past 12 months, 5 High Point homes have sold.  Sales prices ranged from $509,000 to $3,350,000 for an average sales price of $1,752,800 which equals 419.39 per sq. ft. of living area and for an average sale price of 91% of the last listed price.  These homes were on the market for an average of 171 days prior to accepting an offer.

High Point in Sewalls Point, Florida


Located on the southern tip of Sewalls Point, High Point and High Point Isles is an oasis of beautiful homes on high elevation lots yet just minutes away from the clear blue waters of the Atlantic ocean.

High Point in Sewalls Point, Florida
High Point Isles is the eastern section of the High Point peninsula and consists of all waterfront homes in the intracoastal waterway and within sight of the Saint Lucie Inlet for access to the Atlantic.  Ringing the south and west circumference of High Point are additional waterfront estates with deep water, high elevation and spectacular views of the Saint Lucie and Indian Rivers.

High Point in Sewalls Point, Florida

The first home in High Point was built in 1963 and homes continue to be built as well as extensively renovated to this day.  There are both deep water estate sized lots (of over 2.5 acres) to interior lots of 1/3 of an acre.

High Point in Sewalls Point, FloridaHome sizes range from 2 bedroom, 2 bathroom cottages of 1,700 sq. ft. to estates of close to 14,000 sq. ft. of living area with 7 bedrooms and 9 bathrooms.

High Point in Sewalls Point, FloridaThere are no HOA fees in High Point and High Point Isles as this community is part of the town of Sewalls Point.  A wonderful community close to the beaches, waterways and many excellent amenities offered in Martin County, FL.

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January 2016 Market Report High Point Sewalls Point

Rocky Point Estates January 2016 Market Report

01.02.16 by

Rocky Point Estates January 2016 Market Report

There are currently 3 homes available for sale in Rocky Point Estates.  List prices are from $239,900 to $269,000 for an average list price of $257,966 which equals $168.62 per sq. ft. of living area.

Two homes are under contract.  List prices are $329,000 and $375,000 for an average list price of $352,000 or $196.75 per sq. ft.  These two homes averaged only 6 days on the market prior to receiving an accepted offer.

In the past 12 months, 13 homes have sold in Rocky Point Estates.  Sales prices ranged from $200,000 up to $430,000 for an average sales price of $294,307 which works out to $170.66 per sq. ft. of living area.  These homes sold for an average of 95% of the last list price and in 81 days of being on the market prior to receiving an accepted offer.

Rocky Point Estates

Rocky Point Estates real estate

Rocky Point Estates is an HOA community in the eastern middle of Rocky Point.  Homes on Orange St, Nassau Ter. and the north side of Matousek St. had the opportunity to join this HOA when it was developed and for the sum of $75.00 per year, members have access to a large park with a boat ramp and picnic grounds available for their exclusive use.  In addition to the ramp and picnic area, there’s a 29 slip marina suitable for boats up to 30’ in length.  These docks can only be owned (or leased) by members in good standing within the Rocky Point Estates HOA community.  Individuals within Rocky Point Estates have the option to sell or trade docks within the community.

Rocky Point Estates real estate

This boat ramp and the docks are in a highly desirable location that’s only about a mile or so from the open waters of the Atlantic Ocean through the Saint Lucie Inlet.  Fisherman in this community love the fact that they can be casting their lines in deep water just minutes after leaving the dock or ramp.

Rocky Point Estates real estate

There are just over 170 homes belonging to the association.  Homes were first built in this community in 1959 and the latest home was just completed in 2014. Homes are of all styles and sizes ranging from 5 bedroom, 4 bathroom home on almost a half-acre down to under 1,000 sq. ft., 2 bedroom, 1 bathroom homes on under a quarter of an acre lots.

Rocky Point Estates real estate

Children residing in Rocky Point Estates attend the Martin County School District with current assignments to Port Salerno Elementary, Murray Middle and South Fork High Schools.  Residents are also close to a number of wonderful restaurants and first class medical facilities.

Search for available homes in Rocky Point Estates

Rocky Point Estates January 2016 Market Report

November 2015 Monthly Market Detail St Lucie County Townhouses and Condos

12.29.15 by

November 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The November 2015 Monthly Market Detail St Lucie County Townhouses and Condos came back strong from a weak October.  Closed sales were up 26.1% from last year (was down 5.4% in October) while new sales under contract (new pending sales) increased by 39.0% (was up by 1.8% in October).

The median sales price increased by 12.4% (down 6.1% in October) while the average sales price was u[p by 3.2% (was unchanged in October).  After an off October, prices have once again resumed their climb.

The inventory of available townhouses and condos increased by 6 units from last month to 562 units, which is still down from last November by 16.7%. Current supply of inventory remained unchanged from last month’s 5.3 months. This is 19.3% lower than last year. The St Lucie County townhouse and condo market continues as a sellers’ market, though approaching a balanced one. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

November 2015 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
November 2015 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.

November 2015 Monthly Market Detail St Lucie County Townhouses and Condos

November 2015 Monthly Market Detail St Lucie County Single Family Homes

12.28.15 by

November 2015 Monthly Market Detail St Lucie County Single Family Homes

November 2015 Monthly Market Detail St Lucie County Single Family Homes had a weak month for closed sales as compared to last year.  Closed sales were off by 13.3% (in October they were up by 0.4%) and new sales under contract (new pending sales) decreased by 21.0% (they were down by 26.8% last month).

Inexplicably, the median and average sales prices continue their relentless march higher with increases of 10.8% and 17.2% respectively from last November (For October these numbers were 14.1% and 16.1%).

Active listings increased in November (from last month) by 75 homes to 1,750, though this is still lower than last year’s inventory, but only by 2.5%.  The current supply of inventory is 3.7 months (a 0.3% decrease from last year). The Saint Lucie County single family home market remains in a strong sellers market.  Hopefully, we will once again see increasing volume of sales as the inventory rises.

November 2015 Monthly Market Detail St Lucie County Single Family Homes

Click here to view or download the full report:
November 2015 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.

November 2015 Monthly Market Detail St Lucie County Single Family Homes

November 2015 Monthly Market Detail Martin County Townhouses and Condos

12.27.15 by

November 2015 Monthly Market Detail Martin County Townhouses and Condos

November 2015 Monthly Market Detail Martin County Townhouses and Condos  is showing weaker closed activity year to year for the second month in a row.  Closed sales were down by 18.7% (was down by 5.7% in October) and new sales under contract (new pending sales) were down by 5.7% from November 2014 (decreased by 12.9% in October).

Even though the sales volume is off, prices continue to rise and very strong rates.  The median sales price was up by 18.4% (was up by 4.0% in October) while the average sales price increased by 38.2% (was down by 2.2% in October) as compared to November of 2014.

The inventory of available townhouses and condos has increased by 25 units to 398 properties from last month.  It’s good to see some increased inventory, though this is still 20.3% below the November 2014 inventory.  Currently, there’s a 3.7 month supply of inventory (a 20.3% decrease from last year).  Still in a strong sellers market for townhouses and condos for Martin County.  We are heading into the slower season for condo sales and I expect to see a little more weakening for our market until after the holidays.

November 2015 Monthly Market Detail Martin County Townhouses and Condos

Click here to view or download the full report:
November 2015 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.

November 2015 Monthly Market Detail Martin County Townhouses and Condos

November 2015 Monthly Market Detail Martin County Single Family Homes

12.26.15 by

November 2015 Monthly Market Detail Martin County Single Family Homes

The November 2015 Monthly Market Detail Martin County Single Family Homes continues to show improvement both annually and monthly.  Year to year closed sales were up by 6.5% (was up 13.4% in October). New pending sales increased by 4.9% as compared to November of 2014 (decreased by 19% in October).

Prices continue their upward march.  The median sales price was up by 13.0% from last year (up by 15.6% in October) while the average price increased by 30.6% (was up by 12.3% last month).  This very strong price trend is a bit troubling as it seems to be at much to high of a pace to be sustainable for the long run.  I expect some moderation of these increases in the near future.

The inventory of available single family homes decreased from last month by 33 homes to 1129 units this month, and this is inventory is 10.4% less than last November.  Current supply of homes is 4.8 months, for October of this year it was a 4.9 months supply. (This is a 21.5% decrease from last year). The Martin County single family real estate market remains in a sellers market.  I was hoping for another month of increasing inventory, but this hasn’t happened.  Possibly for December and/or January we’ll have some additional homes for sale.

November 2015 Monthly Market Detail Martin County Single Family Homes

Click here to view or download the full report:
November 2015 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.

November 2015 Monthly Market Detail Martin County Single Family Homes

November 2015 Monthly Market Detail Florida Townhouses and Condos

12.24.15 by

November 2015 Monthly Market Detail Florida Townhouses and Condos

The November 2015 Monthly Market Detail Florida Townhouses and Condos had a better month than last month and is continuing with mostly positive results. Closed sales were up by 5.7% as compared to last months decrease of 0.9% and new sales under contract (new pending sales) decreased by 7.2% (In October there was a 4.2% decrease).

Both median and average sales prices continue their increases, with rises of (year to year) 7.1% and 8.2% respectively (in October they were up by 7.2% and 2.4%).  Prices continue to increase at a moderate pace.

The inventory decreased by 7.7% from November of last year.  For November 2015 we have 5.5 months of inventory (was 5.3 months in October) also was 6.0 from last November.  A continued sellers market for now, as a 6 months inventory supply is considered a balanced market.

November 2015 Monthly Market Detail Florida Townhouses and Condos

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:
November 2015 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.

November 2015 Monthly Market Detail Florida Townhouses and Condos

Harbour Ridge December 2015 Market Report

12.24.15 by

Harbour Ridge December 2015 Market Report

Homes:

There are currently 49 homes available for sale in Harbour Ridge.  Listing prices range from $4,500 up to $1,690,000 for an average list price of $438,984 ($279,000 – median) which equates to $150.36 per sq. ft. of living area ($17.81 – median).

There are three homes under contract which have not close to date.  List prices were $9,000 to $534,00 or $156.83 per sq. ft. of living area.  These homes were on the market for an average of 210 days prior to accepting an offer.

In the past 12 months, 33 homes have sold.  Sales prices ranged from $5,000 up to $1,175,000 for an average sales price of $290,989 or $94.95 per sq. ft.  These sales averaged 85% of the last list price and were on the market for an average of 261 days prior to going under contract.

Condos:

There are 31 condos for sale in Harbour Ridge. List prices range from $25,000 up to $250,000 for an average list price of $112,906 or $64.31 per sq. ft. of living area.

3 condos are under contract. These three were listed from $14,900 up to $75,000 for an average list price of $54,633 or $36.45 per sq. ft. of living area.  These condos were on the market for an average of 168 days prior to having an accepted offer.

8 condos have sold in the past 12 months with sales prices from $20,000 up to $600,000 for an average of $239,187 which equals $89.76 per sq. ft.  These condos sold for an average of 89% of the final list price and took an average of 327 days on market before accepting an offer.

Harbour Ridge in Palm City

 

Harbour Ridge is a yacht and country club located right next to the St. Lucie River.  Technically located in Saint Lucie County, but Harbour Ridge residents have a Palm City zip code and children attend the ‘A’ rated Martin County School district as it’s location is much closer to Martin County.

Harbour Ridge in Palm City Harbour Ridge in Palm City

This magnificent golf and yachting community offers a wide and varied range of recreational activities for residents only such as; two championship golf courses, tennis programs, a gym center, yacht club with a private marina, and a gorgeous dog park! Harbour Ridge includes many varied types of residences from, a low density community that allows each home to have plenty of green space and a minimum of 1.25 acres to wonderful condos overlooking the wide Saint Lucie River.  There is a newly built magnificent club house that is sought after for rentals throughout the community.

Harbour Ridge in Palm City Harbour Ridge in Palm City

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November 2015 Monthly Market Detail Florida Single Family Homes

12.23.15 by

November 2015 Monthly Market Detail Florida Single Family Homes

The November 2015 Monthly Market Detail Florida Single Family Homes continues to show improved activity from last year though the pace seems to have moderated a bit from recent months.  Closed sales were up by 1.9% (was up by 1.2% in October) and new sales under contract (new pending sales) were down by 2.8% (was down by 2.5% in October).

Both median and average sales prices continue to rise ( November 2014 to November 2015) by 13.6% and 9.6% respectively, compared to October’s 12.4% and 6.5%.  There seems to be no end to the rise in values, though I would feel more comfortable with a more moderate rate.

The inventory of available homes for sale fell by 5.4% from last year.  Some high demand areas of Florida have seen decreasing inventory for a number of months now.  For November there was only a 4.5 months supply of inventory, this is a sellers market with the advantage for sellers. (November of 2014 had a 5.3 month supply)

November 2015 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

November 2015 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.

November 2015 Monthly Market Detail Florida Single Family Homes

Beachwalk Condos Indian River Plantation December 2015 Market Report

12.07.15 by

Beachwalk Condos Indian River Plantation December 2015 Market Report

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

There are no condos currently under contract in Beachwalk.

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

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

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

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

Click here to search for available Beachwalk Condos for Sale

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

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

Beachwalk Condos Indian River Plantation December 2015 Market Report

 

Admiralty Condos Palm City FL December 2015 Market Report

12.06.15 by

Admiralty Condos Palm City FL December 2015 Market Report

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

There are no condos currently under contract and awaiting settlement.

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

 the Admiralty in Palm City FL

The Admiralty Condos are situated directly by the beautiful Saint Lucie River are an ocean lover’s haven.  Located in desirable Palm City, The Admiralty features large balconies facing the pristine waters of the saint Lucie River with perfect sunrise views.  The varieties of 3 and 4 bedroom floor plans come with amenities such as 2 full car garages and additional storage space.
the Admiralty in Palm City FL
With safety and security in mind, the community is gated and the luxurious and spacious condo’s come equipped with hurricane windows and doors along with a 22 slip protected marina for the residents use. Enjoy the heated pool, clubhouse, meeting room, and exercise room.
the Admiralty in Palm City FL
Current Condo association fees in the Admiralty range from the $700 to under $900 dollars per month depending on the unit size.  There are five buildings which make up the Admiralty condo complex in Palm City, Florida.  Three of which were built in 1989-1990.  The two newer buildings were completed in 2005.  These condos offer unparalleled luxury and spaciousness for the price.  Equivalent condos on the Ocean with these amenities are either non-existent or will cost well over $1 million dollars.
the Admiralty in Palm City FL
The Admiralty is close to fantastic schools such as Martin County High School, Hidden Oaks Middle School, and Bessey Creek Elementary. There are also plenty of restaurants and entertainment areas in and around this wonderful area!

 

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Admiralty Condos Homes for Sale in Palm City Florida

 

 

Admiralty Condos Palm City FL December 2015 Market Report

Plantation Club Villas Indian River Plantation December 2015 Market Report

12.05.15 by

Plantation Club Villas Indian River Plantation December 2015 Market Report

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

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

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

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

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

Plantation Club Villas on Hutchinson Island

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

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

Plantation Club Villas on Hutchinson Island

Click here to view available Plantation Club Villas for Sale

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

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

Plantation Club Villas Indian River Plantation December 2015 Market Report

 

 

Beachwood Villas Hutchinson Island December 2015 Market Report

12.04.15 by

Beachwood Villas Hutchinson Island December 2015 Market Report

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

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

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

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

Beachwood Villas on Hutchinson Island

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

Beachwood Villas on Hutchinson Island

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

Beachwood Villas on Hutchinson Island

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

Beachwood Villas on Hutchinson Island

Search here for all available Beachwood Villas for Sale

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

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

Beachwood Villas Hutchinson Island December 2015 Market Report

 

 

 

 

Plantation House Condos Indian River Plantation December 2015 Market Report

12.02.15 by

Plantation House Condos Indian River Plantation December 2015 Market Report

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

There are no currently pending sales in the Plantation House.

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

Plantation House Condos on Hutchinson Island

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

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

Plantation House Condos on Hutchinson Island

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

Plantation House Condos on Hutchinson Island

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

Click here to view available Plantation House condos for Sale

Search for Martin County Real Estate

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

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

Plantation House Condos Indian River Plantation December 2015 Market Report

 

 

 

October 2015 Monthly Market Detail St Lucie County Townhouses and Condos

11.30.15 by

October 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The October 2015 Monthly Market Detail St Lucie County Townhouses and Condos had a decreased volume of closed sales.  These were down 5.4% from last year (was up 2.1% in September) while new sales under contract (new pending sales) increased by 1.8% (was down by 23.0% in September).

The median sales price decreased by 6.1% (down 5.4% in September) while the average sales price was unchanged (was up by 9.5% in September).  Prices have now stopped increasing and are correcting a bot from their previous values.

The inventory of available townhouses and condos decreased by 6 units from last month to 556 units, which is also down from last October by 16.3%. Current supply of inventory remained unchanged from last month’s 5.3 months. This is 16.3% lower than last year. The St Lucie County townhouse and condo market continues as a sellers’ market, though approaching a balanced one. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.  This market is one of the only Treasure Coast segments to see a drop in inventory for October.

October 2015 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
October 2015 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.

October 2015 Monthly Market Detail St Lucie County Townhouses and Condos

October 2015 Monthly Market Detail St Lucie County Single Family Homes

11.29.15 by

October 2015 Monthly Market Detail St Lucie County Single Family Homes

October 2015 Monthly Market Detail St Lucie County Single Family Homes showed basically unchanged closed sales from last year with a troubling reduced number of new pending sales.  Closed sales were up by 0.4% (in September they were down by 4.3%) and new sales under contract (new pending sales) decreased by 26.8% (they were down by 16.2% last month).

The median and average sales prices however continue their relentless march higher with increases of 14.1% and 16.1% respectively from last October (For September these numbers were 15.3% and 15.6%).

The increasing prices are one possible reason for the welcome increase of inventory. Active listings increased in October (from last month) by 77 homes to 1,675, though this is still lower than last year’s inventory by 8.6%.  The current supply of inventory is 3.6 months (a 7.7% decrease from last year). The Saint Lucie County single family home market remains in a strong sellers market.  Hopefully, we will once again see increasing volume of sales as the inventory increases.

October 2015 Monthly Market Detail St Lucie County Single Family Homes

Click here to view or download the full report:
October 2015 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.

October 2015 Monthly Market Detail St Lucie County Single Family Homes

Islandia Condos November 2015 Market Report

11.29.15 by

Islandia Condos November 2015 Market Report

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

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

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

The Islandia Condos of Jensen Beach

Islandia Condos of Jensen Beach

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

Islandia Condos of Jensen Beach Islandia Condos of Jensen Beach

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

Islandia Condos of Jensen Beach Islandia Condos of Jensen Beach

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

Islandia Condos of Jensen Beach Islandia Condos of Jensen Beach

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

Islandia Condos of Jensen Beach Islandia Condos of Jensen Beach

Click here for currently available Islandia Condos for Sale

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

 

October 2015 Monthly Market Detail Martin County Townhouses and Condos

11.28.15 by

October 2015 Monthly Market Detail Martin County Townhouses and Condos

October 2015 Monthly Market Detail Martin County Townhouses and Condos  is showing weaker closed activity year to year.  Closed sales were down by 5.7% (was down by 13.6% in September) and new sales under contract (new pending sales) were down by 12.9% from October 2014 (decreased by 17.4% in September).

Prices continue to increase, though at a greatly reduced rate from the previous two months.  The median sales price was up by 4.0% (was up by 13.7% in September) while the average sales price decreased by 2.2% (was up by 10.2% in September) as compared to October of 2014.

The inventory of available townhouses and condos has increased by 31 units to 373 properties from last month.  It’s good to see some increased inventory, though this is still 33.5% less than was available in October of 2014.  For October there was a 3.4 month supply of inventory (a 26.5% decrease from last year).  Still in a strong sellers market for townhouses and condos for Martin County.  We are heading into the slower season for condo sales and I expect to see a little more weakening for our market until after the holidays.

October 2015 Monthly Market Detail Martin County Townhouses and Condos

Click here to view or download the full report:
October 2015 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.

October 2015 Monthly Market Detail Martin County Townhouses and Condos