Search Results for: st lucie county market report

June 2015 Monthly Market Detail Florida Single Family Homes

The June 2015 Monthly Market Detail Florida Single Family Homes continues to show improved activity from last year and showed a greater rate of improvement from last month. Closed sales were up by 19.% (was up by 7.7% in May) and new sales under contract (new pending sales) increased by 10.4% (was up by 1.5% in May).

Both median and average sales prices continue to rise ( June 2014 to June 2015) by 10.0% and 3.4% respectively, compared to May’s 11.1% and 1.9%. Home prices continue their upward trend in FL. As interest rates begin to rise, we’ll see how long and how fast this trend continues.

The inventory of available homes for sale fell by 5.9% from last year. Some high demand areas of Florida have seen decreasing inventory for a number of months now. For June there was only a 4.6 months supply of inventory, this is a sellers market with the advantage for sellers. (June of 2014 had a 5.6 month supply)

Click here to view or download the full report:

June 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.

June 2015 Monthly Market Detail Florida Single Family Homes

Lake Tuscany July 2015 Market Report

07.08.15 by Gabe Sanders

Lake Tuscany July 2015 Market Report

As of July 2015, there are 4 homes available for sale with listing prices from $429,000 to $450,000 at an average list price of $440,997 which is a price per square foot of living area of $113.71.

There are no homes currently under contract and awaiting settlement in Lake Tuscany.

In the past 12 months, 8 homes have sold in Lake Tuscany ranging in sales price from $327,500 to $444,900 for an average sales price of $362,275 which equals $118.12 per sq. ft. of living area. These homes took an average of 126 days on market to go under contract and sold at 96% of list price.

Lake Tuscany in Stuart FL is a newer subdivision just to the west of I-95 in Martin County, Florida. The homes in Lake Tuscany were mostly completed between 2004 to 2005. This attractive subdivision is set up with a gated entrance and all 98 homes in Lake Tuscany are on Panther Trace which makes a large circle around the lake in the center. Homes range from 3 Bedroom, 3 Bath or 4 BR 2 Baths of around 2100 sq. ft. of living area to spacious 6 Bedroom, 4 Bathroom 2 story homes with lofts and theater rooms with pools by the lakeside along with 3 car garages. All are high quality homes built by local builder Mercedes Homes.

Lake Tuscany boasts lush landscaping and very reasonable Home Owner’s Association fees of $398 per quarter. These fees cover security, the common areas and lake upkeep, basic cable, trash collection and front landscaping. The Lake Tuscany property owners web site is located at this site.

Families in Lake Tuscany enjoy Martin County’s ‘A’ rated schools in the following schools: Crystal Lake Elementary, David L Anderson Middle School and South Fork High School. Shopping is only minutes away and there’s easy access to Martin County’s waterways and just a short drive to the many public beaches.

Search here for currently available Lake Tuscany real estate in Stuart FL

For any questions you may have about July 2015 Lake Tuscany Real Estate Update in Stuart FL, 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

Lake Tuscany July 2015 Market Report

July 2015 Market Report for Osprey Cove in Hobe Sound

07.07.15 by Gabe Sanders

July 2015 Market Report for Osprey Cove in Hobe Sound

There are currently 5 homes for sale in Osprey Cove in Hobe Sound, FL. Listing prices range from $635,000 to $1,249,000 for an average list price of $774,780. or a price per square foot of living area of $241.88.

There are three homes under contract which have not closed to date. List prices are from $514,900 to $699,000 or $218.22 per sq. ft. of living area.

In the past 12 months, 9 homes have sold in Osprey Cove with sales prices ranging from $445,000 to $689,900 for an average sale price of $545,000 or $206.41 per sq. ft. of living area. These sales averaged 613 days on the market and sales prices averaged 96% of list price.

Clubhouse

Osprey Cove in Hobe Sound, Florida is a waterfront community off of Gomez Avenue in the vibrant Hobe Sound area of Martin County, Florida. It is also known as the Osprey Cove Yacht Club and boasts 32 deep water boat slips just off the Intracoastal Waterway. There are only 86 homes in this gated community that broke ground in late 2000 with homes being completed from 2000 through 2006. Homes range in size from 3 bedroom, 3 bathroom, 2 car garage homes of 2,230 sq. ft. to 5 bedroom, 4 and 1/2 bathroom, 3 car garage pool homes of over 4,000 sq. ft. of living area. There’s also a community pool and tennis court available to all residents.

For boaters, the docks are approximately 5 miles from the Saint Lucie Inlet of Martin County and just under 10 miles from the Jupiter Inlet in Palm Beach County. All Osprey Cove residents enjoy easy access to shopping, restaurants and the pristine beaches of Jupiter Island in Martin County.

For families, the Martin County School District is one of the highest rated in Florida and children attend the Hobe Sound elementary school, Murray middle school and South Fork high school. There are also a number of excellent private schools located nearby, including the Pine School.

You can find additional information at the Osprey Cove in Hobe Sound Homeowner’s Association web page.

For any questions you may have about Osprey Cove in Hobe Sound, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Hobe Sound Florida Real Estate

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

July 2015 Market Report for Osprey Cove in Hobe Sound

May 2015 Monthly Market Detail St Lucie County Townhouses and Condos

06.30.15 by Gabe Sanders

May 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The May 2015 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors had a very difficult month of May for the volume of sales. Closed sales were down by 30.6% (was up by 8.6% in April) while new sales under contract (new pending sales) decreased by 25.8% (was down by 21.5% in April).

The median sales price increased by 11.5% (down 19.5% in April) and the average sales price increased by 16.5% (was up by 0.8% in April). Back to price increases after a setback last month.

The inventory of available townhouses and condos decreased by 38 units from last month to 596 properties, which is also down from last May by 26.9%. Current supply of inventory decreased to 5.7 months, from April’s 5.9 months. This is 27.0% lower than last year. The St Lucie County townhouse and condo market is now in a sellers’ market, typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers. Unfortunately, there’s not enough inventory to sustain a growing volume of sales.

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

May 2015 Monthly Market Detail St Lucie County Townhouses and Condos

May 2015 Monthly Market Detail St Lucie County Single Family Homes

06.29.15 by Gabe Sanders

May 2015 Monthly Market Detail St Lucie County Single Family Homes

May 2015 Monthly Market Detail St Lucie County Single Family Homes is struggling with the volume of sales while at the same time showing continued price increases. Closed sales were off by 19.8% (in April they were up by 12.1%) and new sales under contract (new pending sales) decreased by 31.3% (they were down by 18.7% last month).

Both median and average sales prices continue strong gains with increases of 18.2% and 13.1% respectively from last May (For April these numbers were 20.9% and 25.8%). These price increases, while good news for sellers, are making single family homes less affordable in the St. Lucie County market area.

The inventory of active listings decreased in May (from last month) by 143 homes to 1,590, and this is lower than last year’s inventory by 21.9%. The current supply of inventory is only 3.3 months (a 27.2% decrease from last year). The Saint Lucie County single family home market remains in 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. We remain in a pretty extreme sellers market for St Lucie County single family home sale.

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

May 2015 Monthly Market Detail St Lucie County Single Family Homes

May 2015 Monthly Market Detail Martin County Townhouses and Condos

06.28.15 by Gabe Sanders

May 2015 Monthly Market Detail Martin County Townhouses and Condos

May 2015 Monthly Market Detail Martin County Townhouses and Condos activity decreased in volume from last year while still showing some exceptionally strong price gains. Year to year closed sales were down by 4.7% (was down by 9.5% in April) as well as new sales under contract (new pending sales) was down by 11.7% from May 2014 (decreased 19.2% in April).

The median sales price was up by 38.0% (was down by 1.1% in April) while the average sales price increased by 42.2% (was down by 5.0% in April) as compared to May of 2014. Back into some exceptionally strong price gains.

The inventory of available townhouses and condos has decreased by 31 units to 424 properties from last month, this is 25.0% less inventory than was available in May of 2014. For May there was a 3.9 month supply of inventory (a 31.8% decrease from last year). A very strong sellers market for townhouses and condos in Martin County. Buyers are in need of additional inventory for their potential purchases.

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

May 2015 Monthly Market Detail Martin County Townhouses and Condos

May 2015 Monthly Market Detail Martin County Single Family Homes

06.25.15 by Gabe Sanders

May 2015 Monthly Market Detail Martin County Single Family Homes

The May 2015 Monthly Market Detail Martin County Single Family Homes is starting to show the effects of the rapid price increases and reduced inventory. Year to year closed sales were down by 2.6% (was up 24.7% in April). New pending sales increased by 1.1% as compared to May of 2014 (increased by 23% in April).

The median sales price was down by 1.1% from last year (up by 5.1% in April) while the average price increased by 13% (was up by 14.9% last month). Beginning to show some weaknesss in what has been an exceptionally strong rate of price increases for the past two years.

The inventory of available single family homes decreased from April 2015 by 173 homes to 1087 units this month, and this is also a 23.5% decrease from last May. Current supply of inventory decreased to 4.8 months from April’s 5.6 months supply. (A 35.6% decrease from last year). The Martin County single family real estate market is back into a sellers market, though there are some major issues showing of late. Primarily the lack of inventory of available homes for sale.

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

May 2015 Monthly Market Detail Martin County Single Family Homes

May 2015 Monthly Market Detail Florida Townhouses and Condos

06.24.15 by Gabe Sanders

May 2015 Monthly Market Detail Florida Townhouses and Condos

The May 2015 Monthly Market Detail Florida Townhouses and Condos showed declining activity for the first time in a while. Closed sales were down by 0.1% as compared to last months increase of 8.1% and new sales under contract (new pending sales) decreased by 1.4% (April’s increase was 0.6%).

Both median and average sales prices still managed to increase, with rises of (year to year) 9.7% and o.5% respectively (in April they were up by 10.3% and 6.1%). As sales volume decreases, I expect to see some moderation in the coming months for price increases.

The inventory decreased slightly by .08% for May. The decreasing inventory may be one reason for the reduced sales volume. For May 2015 we have 5.8 months of inventory (was 6 months in April) also was 6.0 from last May. Essentially a balanced real estate market as a 6 months inventory supply is considered a balanced market.

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 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.

May 2015 Monthly Market Detail Florida Townhouses and Condos

May 2015 Monthly Market Detail Florida Single Family Homes

06.23.15 by Gabe Sanders

May 2015 Monthly Market Detail Florida Single Family Homes

The May 2015 Monthly Market Detail Florida Single Family Homes continues to show improved activity from last year though the rate of increased activity is moderating. Closed sales were up by 7.7% (was up by 17.9% in April) and new sales under contract (new pending sales) increased by 1.5% (was up by 8.6% in April).

Both median and average sales prices continue to rise ( May 2014 to May 2015) by 11.1% and 1.9% respectively, compared to April’s 11.4% and 8.1%. Home values continue to increase, but at least for May the rate of increases has settled down somewhat.

The inventory of available homes for sale fell by 5.7% from last year. Some high demand areas of Florida have seen decreasing inventory for a number of months now. For May there was only a 4.7 months supply of inventory, this is a sellers market with the advantage for sellers. (May of 2014 had a 5.7 month supply)

Click here to view or download the full report:

May 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.

May 2015 Monthly Market Detail Florida Single Family Homes

Bay Colony of Stuart June 2015 Market Report

06.17.15 by Gabe Sanders

Bay Colony of Stuart June 2015 Market Report

As of June 2015, there is only 1 active listing in the Bay Colony of Stuart. This home is listed for $989,900 or $420.16 per sq. ft. of living area.

There are currently no homes under contract or pending.

2 homes have sold in the past 12 months. Ranging in sales price from $344,000 to $433,000. The average sales price was $388,500 which equals $127.99 per sq. ft. of living area. These sales averaged 94% of listing price and the average was 47 days on market.

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.

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.

Search here for:

Bay Colony Homes for Sale

Bay Colony of Stuart June 2015 Market Report

Snug Harbor Stuart June 2015 Market Report

06.07.15 by Gabe Sanders

Snug Harbor June 2015 Market Report

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

There are currently no homes under contract or pending.

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

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

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

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

Snug Harbor 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 2015 Market Report

June 2015 Market Report Locks Landing in Stuart Florida

06.06.15 by Gabe Sanders

June 2015 Market Report Locks Landing in Stuart Florida

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

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

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

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

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

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

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

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

Stuart Florida Real Estate

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

June 2015 Market Report Locks Landing in Stuart Florida

April 2015 Monthly Market Detail St Lucie County Townhouses and Condos

05.31.15 by Gabe Sanders

April 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The April 2015 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors rebounded slightly after a fairly difficult March. Closed sales were up by 8.6% (was up by 2.5% in March) while new sales under contract (new pending sales) decreased by 21.5% (was up by 1.2% in March).

The median sales price increased by 19.5% (down 14.8% in March) and the average sales price increased by 0.8% (was down by 7.7% in March). Back to price increases after a setback last month.

The inventory of available townhouses and condos decreased by 50 units from last month to 634 properties, which is also down from last April by 25.9%. Current supply of inventory decreased to 5.9 months, from March’s 6.4 months. This is 30.6% lower than last year. The St Lucie County townhouse and condo market is inching into a sellers’ market, typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

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

April 2015 Monthly Market Detail St Lucie County Townhouses and Condos

April 2015 Monthly Market Detail St Lucie County Single Family Homes

05.30.15 by Gabe Sanders

April 2015 Monthly Market Detail St Lucie County Single Family Homes

April 2015 Monthly Market Detail St Lucie County Single Family Homes is struggling with the volume of sales while at the same time showing strong price increases. Closed sales were up by 12.1% (in March they were up by 3.8%) and new sales under contract (new pending sales) decreased by 18.7% (they were down by 15% last month).

Both median and average sales prices continue their impressive gains with increases of 20.96% and 25.8% respectively from last April (For March these numbers were 15.4% and 20.3%). These price increases, while good news for sellers, are having a negative effect on the volume of sales.

The inventory of active listings decreased in April (from last month) by 64 homes to 1,733, and this is lower than last year’s inventory by 11.7%. The current supply of inventory is only 3.4 months (a 30.3% decrease from last year). The Saint Lucie County single family home market remains in 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. We remain in a pretty extreme sellers market for St Lucie County single family home sale.

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

April 2015 Monthly Market Detail St Lucie County Single Family Homes

April 2015 Monthly Market Detail Martin County Townhouses and Condos

05.29.15 by Gabe Sanders

April 2015 Monthly Market Detail Martin County Townhouses and Condos

April 2015 Monthly Market Detail Martin County Townhouses and Condos once again slowed after an excellent March. Year to year closed sales were down by 9.5% (was up by 21.7% in March) as well as new sales under contract (new pending sales) decreased 19.2% from April 2014 (was up by 22.1% in March).

The median sales price was down by 1.1% (was up by 13.2% in March) while the average sales price decreased by 5.0% (was up by 5.3% in March) as compared to April of 2014. Ending a trend of steady increases in values for Martin County.

The inventory of available townhouses and condos has decreased by 6 units to 455 properties from last month, this is 21.4% less inventory than was available in April of 2014. For April there was a 4.1 month supply of inventory (a 28.9% decrease from last year). A very strong sellers market for townhouses and condos in Martin County. Buyers are in need of additional inventory for their potential purchases.

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

April 2015 Monthly Market Detail Martin County Townhouses and Condos

April 2015 Monthly Market Detail Martin County Single Family Homes

05.28.15 by Gabe Sanders

April 2015 Monthly Market Detail Martin County Single Family Homes

The April 2015 Monthly Market Detail Martin County Single Family Homes continues to outperform the Florida statewide market activity with very strong gains, though somewhat of a more moderate pace from last month. Year to year closed sales was up by 24.7% (was up 41.6% in March). New pending sales increased by 23% as compared to April of 2014 (increased by 35.8% in March).

The median sales price was up by 5.1% from last year (up by 3.6% in March) while the average price increased by 14.9% (was up by 33.3% last month). Continuing with some very strong gains in prices for the year.

The inventory of available single family homes decreased from March 2015 by 82 homes to 1260 units this month, and this is also a 9.9% decrease from last April. Current supply of inventory decreased to 5.6 months from March’s 6.1 months supply. (A 9.9% decrease from last year). Martin County single family home sales have again entered a sellers’ market. A balance market favoring neither the buyer and sellers is recognized as one with a 6 month inventory of supply.

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

April 2015 Monthly Market Detail Martin County Single Family Homes

April 2015 Monthly Market Detail Florida Townhouses and Condos

05.27.15 by Gabe Sanders

April 2015 Monthly Market Detail Florida Townhouses and Condos

The April 2015 Monthly Market Detail Florida Townhouses and Condos continued to show improvement from last year. The volume of activity increases has moderated a little. Closed sales were up by 8.1% as compared to last months increase of 13.7% and new sales under contract (new pending sales) increased by 0.6% (March’s increase was 6.5%).

Both median and average sales prices also continue to rise. Increases of (year to year) 10.3% and 6.1% respectively (in March they were up by 8.6% and 7.5%). Excellent gains for sellers in the Florida market. Buyers should consider making their move earlier than later if at all possible as price gains are showing no signs of stabilizing or decreasing.

The inventory increased slightly by 1.7% for April. This was the fourth month of increasing inventory after two months of flat numbers. For April 2015 we have 6 months of inventory (was 6.1 months in March) also was 6.0 from last April. Essentially a balanced real estate market as a 6 months inventory supply is considered a balanced market.

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 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.

April 2015 Monthly Market Detail Florida Townhouses and Condos

April 2015 Monthly Market Detail Florida Single Family Homes

05.26.15 by Gabe Sanders

April 2015 Monthly Market Detail Florida Single Family Homes

The April 2015 Monthly Market Detail Florida Single Family Homes continues to show improved activity from last year and similar numbers to last month. Closed sales were up by 17.9% (was up by 24.6% in March) and new sales under contract (new pending sales) increased by 8.6% (was up by 7% in March).

Both median and average sales prices continue to rise ( April 2014 to April 2015) by 11.4% and 8.1% respectively, compared to March’s 9.2% and 5.5%. Values of housing is continuing to increase fairly dramatically for Florida real estate.

The inventory of available homes for sale fell by 1.7% from last year. This is the first decrease in just under two years. Some high demand areas of Florida have seen decreasing inventory for a number of months now. For April there was only a 4.9 months supply of inventory, this is a sellers market with the advantage for sellers. (April of 2014 had a 5.7 month supply)

Click here to view or download the full report:

April 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.

April 2015 Monthly Market Detail Florida Single Family Homes

May 2015 Market Report for Ocean Bay Villas on Hutchinson Island

05.08.15 by Gabe Sanders

May 2015 Market Report for Ocean Bay Villas on Hutchinson Island

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

There are no current pending sales.

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

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

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

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

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May 2015 Market Report for Ocean Bay Villas on Hutchinson Island

May 2015 Market Report for Legacy Cove in Stuart Florida

05.05.15 by Gabe Sanders

May 2015 Market Report for Legacy Cove in Stuart Florida

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

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

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

Legacy Cove in Stuart 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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