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October 2015 Monthly Market Detail Martin County Single Family Homes

October 2015 Monthly Market Detail Martin County Single Family Homes

The October 2015 Monthly Market Detail Martin County Single Family Homes showed better closed volume from last year but a weaker indication for future sales with the pending numbers.  Year to year closed sales were up by 13.4% (was down 0.5% in September). New pending sales decreased by 19% as compared to October of 2014 (decreased by 6.6% in September).

Prices continue their upward march.  The median sales price was up by 15.6% from last year (up by 7.1% in September) while the average price increased by 12.3% (was up by 40.5% last month).  This upward 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 increased from last month by 105 homes to 1162 units this month, though this is still 7.3% less than last October.  Current supply of homes is 4.9 months, for September of this year it was a 4.5 months supply. (This is 18.4% decrease from last year). The Martin County single family real estate market remains in a sellers market.  Though, with increasing inventory, we are headed towards a more balanced market looking at the future.

October 2015 Monthly Market Detail Martin County Single Family Homes

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

October 2015 Monthly Market Detail Martin County Single Family Homes

Island Club Condos November 2015 Market Report

Island Club Condos November 2015 Market Report

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

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

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

The Island Club Condos in Jensen Beach

Island Club Condos on Hutchinson Island 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.

Island Club Condos on Hutchinson Island in Jensen Beach Island Club Condos on Hutchinson Island in Jensen Beach

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.

Island Club Condos on Hutchinson Island in Jensen Beach Island Club Condos on Hutchinson Island in Jensen Beach

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.

Island Club Condos on Hutchinson Island in Jensen Beach Island Club Condos on Hutchinson Island in Jensen Beach

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

Island Club Condos on Hutchinson Island in Jensen Beach Island Club Condos on Hutchinson Island in Jensen Beach

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

October 2015 Monthly Market Detail Florida Townhouses and Condos

October 2015 Monthly Market Detail Florida Townhouses and Condos

The October 2015 Monthly Market Detail Florida Townhouses and Condos showed weaker closed results from last year as prices continue to increase and inventory continues to decrease. Closed sales were down  by 0.9% as compared to last months increase of 8.4% and new sales under contract (new pending sales) decreased by 4.2% (In August there was a 5.5% decrease).

Both median and average sales prices continue their increases, with rises of (year to year) 7.2% and 2.4% respectively (in August they were up by 5.1% and 2.9%).  The rate of these price increases remain fairly strong, though not quite as strong as earlier in the year.

The inventory decreased by 3.4% from October of last year.  For October 2015 we have 5.3 months of inventory (was 5.2 months in September) also was 5.9 from last October.  A continued sellers market for now, as a 6 months inventory supply is considered a balanced market.

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:
October 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.

October 2015 Monthly Market Detail Florida Townhouses and Condos

October 2015 Monthly Market Detail Florida Single Family Homes

October 2015 Monthly Market Detail Florida Single Family Homes

The October 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 only 1.2% (was up by 13.4% in August) and new sales under contract (new pending sales) were down by 2.5% (was up by 1.0% in August).

Both median and average sales prices continue to rise ( October 2014 to October 2015) by 12.4% and 6.5% respectively, compared to August’s 11.1% and 8.6%. Prices are continuing their upward trend and this seems to be the continuing trend for the foreseeable future.

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 October there was only a 4.4 months supply of inventory, this is a sellers market with the advantage for sellers. (October of 2014 had a 5.4 month supply)

October 2015 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

October 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.

October 2015 Monthly Market Detail Florida Single Family Homes

Saint Lucie County Third Quarter 2015 Market Report

Saint Lucie County Third Quarter 2015 Market Report

Saint Lucie County Third Quarter 2015 Market Report

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

Saint Lucie County Third Quarter 2015 Market Report

November 2015 Market Report for Legacy Cove in Stuart Florida

November 2015 Market Report for Legacy Cove in Stuart Florida

There are currently 3 homes for sale in Legacy Cove in Stuart, FL.  Listing prices range from $328,900 to $486,900 for an average listing price of $381,600 or a price per square foot of living area of $151.36.

There are no homes currently under contract

In the past 12 months, 10 homes have sold in Legacy Cove with sales prices ranging from $222,884 to $352,000 for an average sales price of $301,238 or $144.28 per sq. ft. of living area.  These sales averaged 95% of list price and went under contract in an average of 71 days after going on the market.

Legacy Cove in Stuart FL

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

Legacy Cove in Stuart FL

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

Legacy Cove in Stuart FL

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

Legacy Cove in Stuart FL

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

Legacy Cove in Stuart FL

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

Legacy Cove in Stuart FL

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

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 2015 Market Report for Legacy Cove in Stuart Florida

 

November 2015 Market Report for River Pines in Stuart FL

November 2015 Market Report for River Pines in Stuart FL

As of November 2015, there are only 2 active listings for River Pines townhomes for sale in Stuart, FL.  Listing prices are $145,140 to $149,000 which equals an average price of $147,000 or $114.33 per sq. ft. of living area.

There are 5 homes under contract awaiting sale.  List prices are from $89,900 to $149,900 for an average list price of $117,948 or $91.39 per sq. ft. of living area.  These homes went under contract in an average of 75 days.

In the past 12 months, 31 townhouses have sold in River Pines with sales prices ranging from $80,000 to $139,000 at an average sales price of  $114,836 which equals $89.13 per sq. ft. of living area.  These homes sold at an average of 96% of list price and were under contract in an average of 45 days after going on the market.

River Pines Townhomes

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.

River Pines in Stuart FL

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.

River Pines in Stuart FL

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

River Pines in Stuart FL

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

River Pines in Stuart FL

Search for all River Pines Town Homes in Stuart, FL

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November 2015 Market Report for River Pines in Stuart FL

September 2015 Monthly Market Detail St Lucie County Townhouses and Condos

September 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The September 2015 Monthly Market Detail St Lucie County Townhouses and Condos continues to gain in some aspects though at a slower pace than the past few months.  Closed sales were up 2.1% from last year (was up 6% in August) while new sales under contract (new pending sales) decreased by 23.0% (was down by 13.3% in August).

The median sales price decreased by 5.4% (up 9.7% in August) while the average sales price increased by 9.5% (was up by 19.6% in August).  Still rising, though at a slightly slower rate of increase.

The inventory of available townhouses and condos increased by 8 units from last month to 562 properties, which is still down from last September by 11.1%. Current supply of inventory increased slightly to 5.3 months, from August’s 5.2 months. This is 12.3% lower than last year. The St Lucie County townhouse and condo market continues as a sellers’ market, typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.  The shortage of inventory is hurting the sales volume and continues to impart strong upward pressure on prices.

September 2015 Monthly Market Detail St Lucie County Townhouses and Condos

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

September 2015 Monthly Market Detail St Lucie County Townhouses and Condos

September 2015 Monthly Market Detail St Lucie County Single Family Homes

September 2015 Monthly Market Detail St Lucie County Single Family Homes

September 2015 Monthly Market Detail St Lucie County Single Family Homes had weker sales volume when compared to last year.  Closed sales were off by 4.3% (in August they were down by 5.3%) and new sales under contract (new pending sales) decreased by 16.2% (they were down by 12.2% last month).

Both median and average sales prices continue their gains with increases of 15.3% and 15.6% respectively from last September (For August these numbers were 13.5% and 9.7%).  These increases in prices can be a bit of a warning sign as prices seem to be rising much faster than some can afford.

The inventory of active listings increased in September (from last month) by 39 homes to 1,598, though this is still lower than last year’s inventory by 14.2%.  The current supply of inventory is 3.4 months (a 14.2% decrease from last year). The Saint Lucie County single family home market remains a very strong sellers market.  We are seeing a reduction in volume of sales because either there isn’t enough inventory available on the market or prices are becoming to high.

September 2015 Monthly Market Detail St Lucie County Single Family Homes

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

September 2015 Monthly Market Detail St Lucie County Single Family Homes

September 2015 Monthly Market Detail Martin County Townhouses and Condos

September 2015 Monthly Market Detail Martin County Townhouses and Condos

September 2015 Monthly Market Detail Martin County Townhouses and Condos had a another slow month as compared to last year (as well as previous months).  Year to year closed sales were down by 13.6% (was down by 14.4% in August) and new sales under contract (new pending sales) were down by 17.4% from September 2014 (decreased by 17.5% in August).

The median sales price was up by 13.7% (was up by 33.2% in August) while the average sales price increased by 10.2% (was up by 22% in August) as compared to September of 2014.   Prices continue to go up as volume decreases, though at a reduced rate from last month.

The inventory of available townhouses and condos has increased by 5 units to 342 properties from last month, this is 33.5% less inventory than was available in September of 2014.  For September there was a 3.1 month supply of inventory (a 37.1% decrease from last year).  Continuing as a very strong sellers market for townhouses and condos in Martin County.  We are heading into the slower season for condo sales and I expect to see a little more weakening here until after the holidays.

September 2015 Monthly Market Detail Martin County Townhouses and Condos

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

September 2015 Monthly Market Detail Martin County Townhouses and Condos

September 2015 Monthly Market Detail Martin County Single Family Homes

September 2015 Monthly Market Detail Martin County Single Family Homes

The September 2015 Monthly Market Detail Martin County Single Family Homes showed a second month of continued weakness when compared to last year for volume of sales.  Year to year closed sales were down by .5% (was down 8% in August). New pending sales decreased by 6.6% as compared to September of 2014 (decreased by 2.4% in August).

The median sales price was up by 7.1% from last year (up by 9.6% in August) while the average price increased by 40.5% (was up by 10% last month).  The lack of inventory is driving down the volume of sales while at the same time exerting tremendous upwards pressure on prices..

The inventory of available single family homes increased from last month by 54 homes to 1057 units this month, and this is still a 14% decrease from last September.  Current supply of homes is 4.5 months, for August of this year it was a 4.3 months supply. (This is a 24.7% decrease from last year). The Martin County single family real estate market remains a strong sellers market.  We are approaching our slower selling season for the upcoming holidays.  I am hoping to see the sales volume start increasing again as we seem to be slowly having some additional inventory additions.

September 2015 Monthly Market Detail Martin County Single Family Homes

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

September 2015 Monthly Market Detail Martin County Single Family Homes

September 2015 Monthly Market Detail Florida Townhouses and Condos

September 2015 Monthly Market Detail Florida Townhouses and Condos

The September 2015 Monthly Market Detail Florida Townhouses and Condos continues to show improved activity as compared to last year for most criteria, though not as robust as in earlier months. Closed sales were up by 8.4% as compared to last months increase of 4.1% and new sales under contract (new pending sales) decreased by 5.5% (In August there was a 0.4% decrease).

Both median and average sales prices continue to increase, with rises of (year to year) 5.1% and 2.9% respectively (in August they were up by 10.3% and 3.3%).  The rate of price increases appear to have slowed a bit for this past month.

The inventory decreased by 4.1% from September of last year.  For September 2015 we have 5.2 months of inventory (was 5.3 months in August) also was 5.8 from last September.  A continued sellers market for now, as a 6 months inventory supply is considered a balanced market.

September 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:
September 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.

September 2015 Monthly Market Detail Florida Townhouses and Condos

September 2015 Monthly Market Detail Florida Single Family Homes

September 2015 Monthly Market Detail Florida Single Family Homes

The September 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 13.4% (was up by 8.6% in August) and new sales under contract (new pending sales) were down by 1.0% (was up by 0.7% in August).

Both median and average sales prices continue to rise ( September 2014 to September 2015) by 11.1% and 8.6% respectively, compared to August’s 11.1% and 3.2%. Prices are continuing their upward trend and this seems to be the continuing trend for the foreseeable future.

The inventory of available homes for sale fell by 6.5% from last year.  Some high demand areas of Florida have seen decreasing inventory for a number of months now.  For September there was only a 4.4 months supply of inventory, this is a sellers market with the advantage for sellers. (September of 2014 had a 5.4 month supply)

August 2015 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

September 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.

September 2015 Monthly Market Detail Florida Single Family Homes

The Princess of Hutchinson Island October 2015 Market Report

The Princess of Hutchinson Island October 2015 Market Report

As of October 2015, there are 6 active listings in the Princess of Hutchinson Island. List prices range from a low of $229,900 to a high of $405,000 for an average list price of $327,150 and an average cost per sq. ft. of living area of $214.54.

There are 2 condos under contract that have not closed as of this writing.  List prices were $257,500 and $267,500 for an average list price of $262,500 or $195.02 per sq. ft. of living area.  These two condos were on the market for an average of 90 days before going under contract.

In the past 12 months, 7 condos have sold in the Princess.  Sales prices ranged from $212,000 up to $395,000 for an average sales price of $285,642 or $197.86 per sq. ft. of living area.  These condos were on the market for an average of 184 days before going under contract and sold for an average of 95% of the last list price.

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 of Hutchinson Island The Princess of Hutchinson Island

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 Princess of Hutchinson Island The Princess of Hutchinson Island

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.

The Princess of Hutchinson Island

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:
AdmiralAtlantisClaridgeDune WalkEmpressIsland Club –  Island CrestIsland DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasRegencySand Dollar ShoresSea WindsVilla del Sol

Joes Point October 2015 Market Report

Joes Point October 2015 Market Report

As of October there is only one active listing in Joes Point.  It is listed at $1,870,000 or $525.58 per sq. ft. of living area.

One home is pending (under contract) which was listed for $969,900 or $315.11 per sq. ft. and was on the market for 50 days prior to going under contract.  This is a bank owned foreclosure.

In the past 12 months, one home has sold in this waterfront community.  The sales price was $1,195,000 which equals $381.55 per s. ft.  This home went under contract in 45 days and sold for 91% of the list price.

Joes Point on Hutchinson Island

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 on Hutchinson Island

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 2015 were under $245 per month and include central water and sewer service.

Joes Point on Hutchinson Island Joes Point on Hutchinson Island

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

Atlantis Condos on Hutchinson Island October 2015 Market Report

Atlantis Condos on Hutchinson Island October 2015 Market Report

There are currently 6 condos on the market in Atlantis.  List prices range from $189,900 to $299,000 for an average list price of $226,566 which equates to $196.17 per sq. ft. of living area.

There are 2 Atlantis condos that are under contract that haven’t sold to date.  List prices are $125,000 and $158,800 for an average of $141,900 or a per sq. ft. price of $134.76.  These two condos went under contract in an average of 69 days.

In the past 12 months, 20 condos have sold in Atlantis.  Sales prices ranged from $139,284 to $295,000 with an average sales price of $206,334 or $189.54 per sq. ft. of living area.  These condos sold in an average of 144 days and at an average of 94% of list price.Atlantis Condos on Hutchinson Island in Jensen Beach

Atlantis Condos on Hutchinson Island in Jensen Beach FL (Saint Lucie County) consists of three buildings.  Atlantis ‘A’, Atlantis ‘B’ and Atlantis ‘III’.   Buildings A and B were constructed in 1978 and consist of 68 2 bedroom 2 bathroom condos with 1,053 sq. ft. of living space on 7 stories.  End units are slightly bigger with wrap around balconies and 1113 sq. ft. of living space.  Building III was built in 1982, also with the same number of condos but is slightly larger with 1,151 sq. ft. interior units and 1,258 sq. ft. on the ends.

Atlantis Condos on Hutchinson Island in Jensen Beach

Condo association fees at the time of this post were in the low $300’s per month for Buildings A & B and the low $400’s for Atlantis III.  These three buildings have two pools in between them as well as direct ocean access from the rear of all buildings.  Those on floors 3 to 7 enjoy excellent ocean and beach views, while the lower floors have partially blocked views because of the sand dunes. There is ample outdoor parking for all residents as well as two tennis courts and a vehicle wash area.

Atlantis Condos on Hutchinson Island in Jensen BeachAtlantis Condos on Hutchinson Island in Jensen Beach

The Atlantis condos are conveniently located just 1 and ½ miles north of the Jensen Beach Causeway and within an easy drive of shopping, restaurants and all the amenities offered on Florida’s Treasure Coast.

Atlantis Condos on Hutchinson Island in Jensen BeachAtlantis Condos on Hutchinson Island in Jensen Beach

Give the Gabe Sanders Realty team a call or email if you would like more information or wish to see the Atlantis complex in Jensen Beach FL.

Search for Atlantis Condos on Hutchinson Island for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral  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

August 2015 Monthly Market Detail St Lucie County Townhouses and Condos

August 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The August 2015 Monthly Market Detail St Lucie County Townhouses and Condos continues to gain in some aspects though at a slower pace than the past few months.  Closed sales were up 6% from last year (was up 12.6% in July) while new sales under contract (new pending sales) decreased by 13.3% (was down by 3.3% in July).

The median sales price decreased by 9.7% (up 16.1% in July) while the average sales price increased by 19.6% (was up by 16.8% in July).

The inventory of available townhouses and condos decreased by 17 units from last month to 554 properties, which is also down from last August by 18.3%. Current supply of inventory decreased to 5.2 months, from July’s 5.4 months. This is 20% lower than last year. The St Lucie County townhouse and condo market continues as a sellers’ market, typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.  The shortage of inventory is hurting the sales volume and continues to impart strong upward pressure on prices.

August 2015 Monthly Market Detail St Lucie County Townhouses and Condos

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

August 2015 Monthly Market Detail St Lucie County Townhouses and Condos

August 2015 Monthly Market Detail St Lucie County Single Family Homes

August 2015 Monthly Market Detail St Lucie County Single Family Homes

August 2015 Monthly Market Detail St Lucie County Single Family Homes showed continuing decreases in volume of sales as compared to last year while prices continue their march higher.  Closed sales were down by 5.3% (in July they were up by 7.4%) and new sales under contract (new pending sales) decreased by 12.2% (they were down by 13.4% last month).

Both median and average sales prices continue their gains with increases of 13.5% and 9.7% respectively from last August (For July these numbers were 20.1% and 17.3%).  It’s the decreasing inventory that is one factor in the continuing rise in prices.

The inventory of active listings increased in August (from last month) by 35 homes to 1,559, and this is  lower than last year’s inventory by 17.3%.  The current supply of inventory is only 3.3 months (a 19.8% decrease from last year). The Saint Lucie County single family home market remains a very strong sellers market.  We are seeing a reduction in volume of sales because either there isn’t enough inventory available on the market or prices are becoming to high.

August 2015 Monthly Market Detail St Lucie County Single Family Homes

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

August 2015 Monthly Market Detail St Lucie County Single Family Homes

August 2015 Monthly Market Detail Martin County Townhouses and Condos

August 2015 Monthly Market Detail Martin County Townhouses and Condos

August 2015 Monthly Market Detail Martin County Townhouses and Condos showed weaker activity from last year as well as last month.  Year to year closed sales were down by 14.4% (was down by 11% in July) and new sales under contract (new pending sales) were down by 17.5% from August 2014 (decreased by 10% in July).

The median sales price was up by 33.2% (was up by 14.5% in July) while the average sales price increased by 22% (was up by 15.8% in July) as compared to August of 2014.  With so liitle inventory, pressure is high for increasing prices in Martin County.

The inventory of available townhouses and condos has decreased by 37 units to 337 properties from last month, this is 34.6% less inventory than was available in August of 2014.  For August there was a 3.1 month supply of inventory (a 39.9% decrease from last year).  Continuing as a very strong sellers market for townhouses and condos in Martin County.  I am hoping with the increase in prices, many potential sellers will enter the market and bring inventory levels up.

August 2015 Monthly Market Detail Martin County Townhouses and Condos

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

August 2015 Monthly Market Detail Martin County Townhouses and Condos

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August 2015 Monthly Market Detail Martin County Single Family Homes

August 2015 Monthly Market Detail Martin County Single Family Homes

The August 2015 Monthly Market Detail Martin County Single Family Homes showed some signs of weakness when compared to last year.  Year to year closed sales were down by 8% (was up 13.7% in July). New pending sales decreased by 2.4% as compared to August of 2014 (decreased by 3.1% in July).

The median sales price was up by 9.6% from last year (up by 7.5% in July) while the average price increased by 10% (was up by 11.7% last month).  Even with decreasing sales, the current lack of inventory is exerting significant upward pressure on single family home prices in Martin County.

The inventory of available single family homes increased from July 2015 by 58 homes to 1003 units this month, and this is also a 22.1% decrease from last August.  Current supply of homes is 4.3 months, for July of this year it was a 4.5 months supply. (This is a 33% decrease from last year). The Martin County single family real estate market remains a strong sellers market.  We are approaching our slower selling season for the upcoming holidays.  It will be interesting to see if we can get any increase in inventory of available homes to sell.

August 2015 Monthly Market Detail Martin County Single Family Homes

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

August 2015 Monthly Market Detail Martin County Single Family Homes