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Beacon 21 Jensen Beach October 2019 Market Report

10.24.19 by

Beacon 21 Jensen Beach October 2019 Market Report

There are currently 2 condos for sale in Beacon 21 in Jensen Beach FL.  These condos have list prices of $96,700 and $112,000.  This is an average list price of $104,350 which equals $82.04 per sq. ft. of living area.

3 Condos are currently under contract.  These condos had list prices from $99,999 up to $139,000.  This works out toan average list price of $122,966 which is $96.67 per sq. ft. of living area.  These condos averaged 98 days on the market before going under contract.

In the past 12 months, 21 condos have sold in Beacon 21.  Sales prices ranged from $65,000 up to $156,000.  This equals an average sales price of $115,172 which works out to $101.20 per sq. ft. of living area.  These condos averaged 55 days on the market before going under contract and sold for an average of 94% of the last listed price.

Click here to view previous Beacon 21 market reports.

About: Beacon 21 Condos in Jensen Beach

Beacon 21 Condos in Jensen Beach

Beacon 21 in Jensen Beach is a low rise condominium development in Jensen Beach FL locate just north of the Saint Lucie River and off of NE Dixie Highway (State Road 707).  This complex contains numerous types of condo buildings that were first built in 1973 and the last phase was completed in 1993.

Beacon 21 Condos in Jensen Beach

There are sections in Beacon 21 that are age-restricted to 55 and over while other sections are open to all ages.  There are just over 270 individual condos with most of them being two bedrooms and all but a few having 2 bathrooms as well.  These condos come in sizes ranging from 826 sq. ft. of interior living area up to 1,440.

Most of Beacon 21’s sections are pet-friendly allowing for one medium-sized pet with some areas allowing up to 2.  Rentals are also permitted with some restrictions.

Beacon 21 Condos in Jensen Beach

There are three pools and three tennis courts as well as a clubhouse and shuffleboard courts for Beacon 21.  And, as a bonus, there is dockage for smaller boats (up to 21’) with ocean access.  These docks are available for lease at very reasonable rates when available on a first-come first-served basis for owners in the Beacon 21 complex.

Children living in Beacon 21 currently attend the Felix A Williams elementary school, Stuart middle school, and the Jensen Beach high school.

Beacon 21 Condos in Jensen Beach

This complex is well located only minutes from the beaches, rivers and shopping areas of Jensen Beach and Stuart FL.

Search for available Beacon 21 condos in Jensen Beach

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Beacon 21 Jensen Beach October 2019 Market Report

Stuart FL 34997 Residential Market Report September 2019

10.23.19 by

Stuart FL 34997 Residential Market Report September 2019

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for September 2019

For September 2019 in the 34997 Zip Code area of Stuart, Florida:

There are currently 255 active listings (Decreased by 19 homes from August).

Stuart FL 34997 Residential Market Report September 2019 

164 Residential sales are pending and awaiting close or lender approval (Up by 25 homes from August). 

Stuart FL 34997 Residential Market Report September 2019 

61 Homes Sold in September (Decreased by 18 homes from August)

Stuart FL 34997 Residential Market Report September 2019

      The Stuart Florida Residential Market for ZIP Code 34997 remains as one of the most active segments of the Martin County residential real estate market.  Closed sales were down from last month while the pending sales volume rose.  As a result, we are expecting strong closed sales numbers for the coming months.
     The absorption rate rose to 4.2 months (was 3.5 months for August).  We remain in a seller’s market for the 34997 zip code area of Stuart for September 2019.  So, a typical balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2018 numbers for September, were: 289 active listings, 123 pending listings, and 86 closed sales.  Better closed sales volume last year, while pending sales are better this year.  While this is with a reduced inventory of available homes for sale.
Stuart FL 34997 Residential Market Report September 2019

Are you interested in the value of your Stuart FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34997 zip code area of Stuart FL

Search here for vacant land for sale in the 34997 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Click here to view previous Stuart FL 34997 Residential Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34997 Residential Market Report September 2019

Montego Cove October 2019 Market Report

10.23.19 by

Montego Cove October 2019 Market Report

There are 4 condos for sale in Montego Cove in Stuart FL for October 2019.  List prices range from $170,000 up to $199,900.  This is an average list price of $187,100 which works out to $124.24 per sq. ft. of living area.

There are 4 condos under contract awaiting the finalization of the sale.  List prices ranged from $172,000 up to $225,000.  This works out to an average list price of $196,725 or $126.70 per sq. ft. of living area. These condos were on the market for an average of 193 days before going under contract.

In the past 12 months, 9 condos have sold in Montego Cove.  Sales prices ranged from $165,000 up to $245,000.  This equals an average sales price of $204,658 which is $130.52 per sq. ft. of living area.  These condos averaged 58 days on market before accepting the final offer and sold for an average of 97% of the last listed price.

Click here to view previous Montego Cove market reports.

About the Montego Cove Condos in Stuart FL

Montego Cove Condos in Stuart FL

Located just west of US-1 (Federal Highway) off of Cove Rd, this attractive Condo community on over 50 acres with 30 residential buildings for a total of 182 units that are mostly 2 bedrooms, 2 bathroom condos, and a few 3 bedroom ones and one 1 bedroom condos.  Living areas range from 1,506 sq. ft. to 1,683 sq. ft. for the 2 bedroom condos and 1,722 sq. ft. for the 3 bedroom condos.  This complex opened in 1985 and the last section was completed in 1989.

Montego Cove Condos in Stuart FL

This community offers ample green spaces along with 2 tennis courts, 2 pools, shuffleboard, and a clubhouse. This is a 55 and over age-restricted community.  There is one covered parking space (carport) for each home and extra uncovered spaces for guests and residents.  One small pet (under 15 lbs.) is permitted.

Montego Cove

There are abundant green spaces and two small lakes for serene water views for most homes in Montego Cove.  Those without water views have private preserve views.

Montego Cove

An excellent location close to great restaurants and the fishing center of Stuart in Port Salerno and just a short few minutes to access I-95 and points north or south only a few hours away.  Medical facilities, as well as professional services, are also only a short distance away.

Montego Cove

The condo fees includes the maintenance, insurance, and upkeep of all the common areas and facilities as well as each building, trash pickup, management, cable TV, and pest control.

Click here to see the available Montego Cove condos for sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Montego Cove October 2019 Market Report

Jensen Beach FL 34957 Condo Market Report September 2019

10.22.19 by

Jensen Beach FL 34957 Condo Market Report September 2019

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for September 2019

There are currently 101 active listings. (Decreased by 5 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2019

28 Condo sales are pending and awaiting settlement. (Down 6 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2019

19 Condos Sold (Down by 6 condos from August)

 The Jensen Beach FL 34957 Condo Market Report showed weaker activity this month.  Though, this market remains quite active.

The one-month absorption rate for the September 2019, Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.3 months (from 4.2 months in August). Remaining in a seller’s market for Jensen Beach condos.  A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The September 2018 numbers were: 87 active listings, 27 pending sales, and 27 condos closed.  Better sales volume last year even with less of a condo inventory to work with.

Jensen Beach FL 34957 Condo Market Report September 2019

Click here to view the previous Jensen Beach condo market reports

Are you interested in the value of your Jensen Beach FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Click here to view previous Jensen Beach FL 34957 Condo Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Jensen Beach FL 34957 Condo Market Report September 2019

Admiral Condos October 2019 Market Report

10.22.19 by

Admiral Condos October 2019 Market Report

As of October 2019, there are 2 condos for sale in the Admiral on Hutchinson Island in Jensen Beach FL.  List prices were $399,900 and $474,500. This is an average list price of $437,200 or $282.98 per sq. ft. of living area.

There is one condo under contract.  It was listed for $439,000 which is $318.81 per sq. ft. of living area.  This condo was on the market for 46 days before going under contract.

In the past 12 months, 4 condos have sold in the Admiral.  The sales prices ranged from $375,000 up to $625,000.  This is an average sales price of $476,225 which equals $313.67 per sq. ft. of living area.  These condos went under contract in an average of 41 days after being listed.  They sold for an average of 98% of the list price.

Click here to view some previous Admiral market reports.

About the Admiral Condominium on Hutchinson Island at Island Dunes:

Admiral Condominium on Hutchinson Island at Island Dunes

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

Admiral Condominium on Hutchinson Island at Island Dunes

Condos in the Admiral range from 3 bedrooms, 3 bathrooms units with a spacious 1,922 sq. ft. of living area (under air) down to 2 bedrooms, 2 bathrooms condos with 1,377 sq. ft.  Condo fees include the many amenities for this building and the Island Dunes Country Club including both Golf and Tennis memberships as well as potential access to deep water ocean access docks.

The Admiral Condominium at Island Dunes The Admiral Condominium at Island Dunes

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

Admiral Condominium on Hutchinson Island at Island Dunes

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

Admiral Condominium on Hutchinson Island at Island Dunes

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

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

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

Admiral Condos October 2019 Market Report

Jensen Beach FL 34957 Residential Market Report September 2019

10.21.19 by

Jensen Beach FL 34957 Residential Market Report September 2019

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for September 2019

 There are currently 193 active listings. (Down by 4 homes from last month)

Jensen Beach FL 34957 Residential Market Report September 2019

57 Residential sales are pending and awaiting close or lender approval. (Increased by 3 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2019

38 Homes Sold (Down by 5 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2019

The Jensen Beach FL 34957 Residential Market had a slight drop in activity from last month.  Yet, it remains quite active and robust.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.1 months ( was 4.6 months in August).  Remaining in a seller’s market for Jensen Beach homes than last month.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or the buyer.
The September 2018 numbers were: 163 active listings, 55 pending sales, and 48 home sales closed.  There was better activity last year even with a significantly lower inventory of available Jensen Beach homes for sale.
Jensen Beach FL 34957 Residential Market Report September 2019
Are you interested in the value of your Jensen Beach FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Jensen Beach Florida Real Estate presented by:
the Gabe Sanders real estate team

Click here to view previous Jensen Beach FL 34957 Residential Market Report

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Jensen Beach FL 34957 Residential Market Report September 2019

Lost River Plantation October 2019 Market Report

10.21.19 by

Lost River Plantation October 2019 Market Report

As of October 2019, there are 3 available homes for sale in the Lost River Plantation community of Stuart, FL.  List prices range from $549,000 up to $750,000.  This is an average list price of  $631,333 which equals $222.84 per sq. ft. of living area.

There is 1 home currently under contract in the Lost River Plantation Community.  This home was listed for $775,000 which is $237.29 per sq. ft. of living area.  It was on the market for 121 days before going under contract.

In the past 12 months, there have been 12 sales ranging in sales prices from $384,890 up to $914,000.  This works out to an average sales price of 571,491 or $197.03 per sq. ft. of living area.  Sales prices averaged 95% of the last list price and these homes were on the market for an average of 111 days prior to accepting their offers.

Click here to view older Lost River Plantation market reports.

 About Lost River Plantation in Stuart FL:

Lost River Plantation

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

Lost River Plantation in Stuart FloridaLost River Plantation in Stuart Florida

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

Lost River Plantation in Stuart Florida

Search for all Lost River Plantation Homes for Sale in Stuart Florida
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Lost River Plantation in Stuart FL

View all of our listings

Stuart Florida Real Estate is presented by:
the Gabe Sanders real estate team

Lost River Plantation October 2019 Market Report

800 Place October 2019 Market Report

10.20.19 by

800 Place October 2019 Market Report

For October 2019, there are no condos for sale in 800 Place in Stuart FL.

There are also no condos currently under contract.

In the past 12 months, 8 800 Place condos have sold.  Sales prices ranged from $81,000 up to $123,900. This equals an average sales price of $103,363 which equals $115.85 per sq. ft. of living area.  These condos went under contract in an average of 18 days and for 95% of the last list price.

Click here to view the previous 800 Place market reports.

About the 800 Place Condos in Stuart FL:

800 Place in Stuart FL

The village of 800 Place in Stuart FL is conveniently located just North of Stuart’s Roosevelt Bridge on Fork Road.  Easy access to historic downtown Stuart as well as all the convenient areas for shopping and restaurants located off US-1 in North Stuart and Jensen Beach.

800 Place in Stuart FL 800 Place in Stuart FL

800 Place has both 2 Bedroom, 2 Bathroom condos and 1 Bedroom 1 & ½ Bath and 1 Bedroom 1 Bath units.  Interior sizes range from 1,068 sq. ft. down to 723 sq. ft.  All ages are welcome and one pet up to 50 lbs. is permitted.  Each unit has 1 reserved parking space and there are numerous guest spaces for additional vehicles.  Pickup trucks are allowed to be parked overnight in this complex, one of the very few that allow these in Martin County.

800 Place in Stuart FL 800 Place in Stuart FL

Children who live in 800 Place are zoned to attend the Felix Williams Elementary School, Stuart Middle School, and Jensen Beach High School.

Amenities include a clubhouse with a kitchen, meeting facilities, game room and exercise equipment.  A tennis and shuffleboard court and a community pool.  Maintenance fees run from $305 to $400 per month depending on the size of the condo.  These fees include the use of the common area, building insurance, maintenance, cable TV, landscaping, water and sewer, trash pickup and exterior pest control.

800 Place in Stuart FL 800 Place in Stuart FL

For those on a limited budget, the Village of 800 Place may be just the right place.

Currently available 800 Place Condos

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

800 Place October 2019 Market Report

Stuart FL 34996 Condo Market Report September 2019

10.18.19 by

Stuart FL 34996 Condo Market Report September 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for September 2019

There are currently 103 active condo listings (Up by 8 condos from last month).

Stuart FL 34996 Condo Market Report September 2019

19 Condo sales are pending and awaiting close or lender approval (Down by 23 condos from August).

Stuart FL 34996 Condo Market Report September 2019

32 Condos sold in September (Up by 17 condos from August) 

Stuart FL 34996 Condo Market Report September 2019

The Stuart FL 34996 Condo Market of Stuart improved the closed sales activity from a very poor previous month.  But, pending sales took a big dip.  This may impact the volume of closed sales in the coming months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 plunged to 3.2 months from August’s 6.3 months. Bringing us back into a seller’s market for this segment of Martin County condos but not as extreme as last month.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for September 2018 were: 100 active listings, 30 pending sales, and 22 closed sales. Much better-closed sales activity this year while pending sales were much better last September.

Stuart FL 34996 Condo Market Report September 2019

Click here to view the previous Stuart FL condo market reports

 

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for condos for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

Click here to view previous Stuart FL 34996 Condo Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Condo Market Report September 2019

Stuart FL 34996 Residential Market Report September 2019

10.17.19 by

Stuart FL 34996 Residential Market Report September 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for September 2019

There are currently 125 active listings (Decreased by 5 homes from August).

Stuart FL 34996 Residential Market Report September 2019 

21 Residential sales are pending and awaiting close (Down by 4 homes from August).

Stuart FL 34996 Residential Market Report September 2019

17 Homes Sold in September (Up by 1 home from August).

Stuart FL 34996 Residential Market Report September 2019

The 34996 zip code area of the Stuart Florida residential real estate didn’t have any significant change from last month.  We had a small drop in inventory.  Also, a small drop in pending sales. While we had a small increase in closed sales.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for September dipped to 7.4 months as compared to 8.1 months for last month.  Remaining in a seller’s market for this segment of the Martin County single-family real estate market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7-month absorption rate.

The numbers for September 2018 were: 151 active listings, 19 pending sales, and 13 closed sales.  Better market activity this year even though we have a smaller inventory of available condos for sale.

Stuart FL 34996 Residential Market Report September 2019

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34996 zip code area of Stuart FL

Search here for vacant land for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

Click here for previous Stuart FL 34996 Residential Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Residential Market Report September 2019

Palm City FL 34990 Condo Market Report September 2019

10.16.19 by

Palm City FL 34990 Condo Market Report September 2019

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for September 2019

There are currently 83 active condo listings. (Increased by 3 condos from August)

Palm City FL 34990 Condo Market Report September 2019 

3 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from last month)

Palm City FL 34990 Condo Market Report September 2019

0 Condos Sold in September. (Down by 3 condos from August)

The Palm City FL 34990 condo real estate market remains a fairly small segment of the Martin County condo market.  The sales activity in this market is challenging because of two condo communities with high equity and association fees that are currently not in favor with the general public.  Though, those who love golf, there are some incredible bargains in these communities.  September had zero sales.  This is the first time in my memory this has happened in this market.

The current absorption rate for condos in the 34990 zip is uncalcuable with zero sales for the month (was 26.7 months in August). This is an extreme buyer’s market for Palm City condos.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The September 2018 numbers were: 83 active listings, 5 pending sales, and 6 closed sales.  There was considerably better activity last year.
Palm City FL 34990 Condo Market Report September 2019

Search here for condos for sale in the 34990 zip code area of Palm City FL

Palm City Florida Real Estate presented by
the Gabe Sanders real estate team

Click here to view previous Palm City FL 34990 Condo Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Palm City FL 34990 Condo Market Report September 2019

Palm City FL 34990 Residential Market Report September 2019

10.15.19 by

Palm City FL 34990 Residential Market Report September 2019

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for September 2019

 There are currently 317 active listings (Down by 19 homes from August)

Palm City FL 34990 Residential Market Report September 2019

125 Residential sales are pending (Down by 15 homes from last month)

Palm City FL 34990 Residential Market Report September 2019

90 Homes Sold in September (Up by 1 home from August)

Palm City FL 34990 Residential Market Report September 2019

The Palm City FL, zip code 34990 residential real estate market continues to outperform most of the adjacent markets with very strong sales activity.
The monthly absorption rate dropped to 3.5 months from 3.8 months in August.  Remaining in a strong seller’s market for the Palm City zip code 34990 area, though approaching a balanced market.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The September 2018 numbers were:  357 active listings, 119 pending sales, and 57 closed sales.  Considerably stronger closed and pending sales this year on a significantly smaller inventory of available Palm City homes for sale.

Palm City FL 34990 Residential Market Report September 2019

Click here to view the previous Palm City Florida residential market reports

Are you interested in the value of your Palm City FL home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34990 zip code area of Palm City FL

Search here for vacant land for sale in the 34994 zip code area of Palm City FL

Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team

Click here for previous Palm City FL 34990 Residential Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Palm City FL 34990 Residential Market Report September 2019

The Princess of Hutchinson Island October 2019 Market Report

10.15.19 by

The Princess of Hutchinson Island October 2019 Market Report

As of October 2019, there are 2 condos for sale in the Princess of Hutchinson Island.  The list prices are $328,000 and $359,900.  This is an average list price of $343,950 or $271.09 per sq. ft. of living area.

There is one condo under contract.  The list price was $424,900 which equals $216.01 per sq. ft. of living area.  This condo was on the market for 247 days prior to going under contract.

In the past 12 months, 17 condos have sold in this oceanfront building.  Sales prices ranged from $270,000 up to $440,000.  This is an average sales price of $329,471 which works out to an average of $235.67 per sq. ft. of living area.  These condos were on the market for an average of 71 days before going under contract and sold for an average of 95% of the last list price.

Click here to view previous Princess of Hutchinson Island market reports.

About the Princess of Hutchinson Island Condos:

the Princess of Hutchinson Island Condos

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 Condos

The Princess was built in 1984 and has a heated pool, Jacuzzi, a common area with a game room, kitchen and bar.  There are tennis and bocce courts as well as trailer parking and a vehicle wash area.

the Princess of Hutchinson Island Condos

The maintenance fee includes the use of all facilities as well as exterior maintenance and insurance.  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

The Princess of Hutchinson Island

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

The Princess of Hutchinson Island October 2019 Market Report

Stuart FL 34994 Condo Market Report September 2019

10.14.19 by

Stuart FL 34994 Condo Market Report September 2019 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for September 2019

For September 2019 in the 34994 Zip Code area of Stuart, Florida :

There are currently 103 active condo listings (Up by 2 condos from August).

Stuart FL 34994 Condo Market Report September 2019

35 Condo sales are pending and awaiting close or lender approval. (Up by 1 condo from last month) 

Stuart FL 34994 Condo Market Report September 2019

19 Condos Sold in August (Down by 5 condos from August).

Stuart FL 34994 Condo Market Report September 2019

The Stuart FL 34994 Condo market showed a decrease in sales for September whithlittle change in inventory as well as pending sales.

The absorption rate for September rose to 5.4 months compared to last month’s 4.2 months.  Remaining in a seller’s market for this condo segment of Stuart’s 34994 zip code area.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers nor sellers have an advantage in the real estate market.

Last September the numbers were 76 active listings, 47 pending sales, and 20 closed sales. There’s a considerably greater inventory of available condos for sale this year when compared to last year.  This makes this year’s activity weaker than last year.

Stuart FL 34994 Condo Market Report September 2019

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Click here for condos for sale in the 34994 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Search here for Stuart Florida Real Estate for Sale

Click here for previous Stuart FL 34994 Condo Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34994 Condo Market Report September 2019 

 

Joes Point October 2019 Real Estate Market Report

10.14.19 by

Joes Point October 2019 Real Estate Market Report

As of October 2019, there are 3 homes for sale in Joes Point on Hutchinson Island.  These homes are listed from $1,050,000 up to $2,200,000.  This works out to an average list price of $1,696,333 or $475.75 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, there have been no sales in Joes Point.

Click here to view previous Joes Point market reports.

About Joes Point on Hutchinson Island:

Joes Point on Hutchinson Island

One of the most unusual properties on Stuart’s Hutchinson Island is Joes Point.  Located on a private peninsula that juts to the north-west into the mile-wide Indian River (Intracoastal Water Way). Originally developed by Lloyd Dutcher in the early 1980s 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 waterway through the heart of Florida to the Gulf of Mexico by boat.  This is a true boater’s 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 in Stuart FL

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 October 2019 were under $300 per month and include central water and sewer service.

Joes Point on Hutchinson Island Joes Point on Hutchinson Island in Stuart FL

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.

Joes Point on Hutchinson Island

Search here for any available Joes Point Homes for Sale

Joes Point October 2019 Real Estate Market Report

Stuart Florida 34994 Residential Market Report September 2019

10.11.19 by

Stuart Florida 34994 Residential Market Report September 2019

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for September 2019

For August 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 92 active listings (Up by 5 homes from August)

Stuart Florida 34994 Residential Market Report September 2019

29 Residential sales are pending and awaiting close or lender approval (Decreased by 9 homes from last month).

Stuart Florida 34994 Residential Market Report September 2019

12 Homes Sold in September (Increased by 8 homes from August)

Stuart Florida 34994 Residential Market Report September 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida rebounded from a pretty weak August with much better activity for September.

The one-month absorption rate for the 34994 zip code for September plunged to 7.7 months from 21.8 months for August.  Moving towards a more balanced market for the 34994 zip code area of Stuart, FL.  I anticipate that this is just a temporary one-month situation.   A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The September 2018 numbers were 72 Active Listings, 16 pending sales, and 17 closed sales.  There was less inventory of available homes for sale last year.  Yet, closed sales were greater.  This year, our pending sales look stronger which should result in greater closed sales in the coming months.

Stuart Florida 34994 Residential Market Report September 2019

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Search here for homes for sale in the 34994 zip code area of Stuart FL

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Stuart Florida Real Estate presented by:
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Click here for previous Stuart Florida 34994 Residential Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart Florida 34994 Residential Real Estate Market Report September 2019

Sewalls Point Single Family Market Report September 2019

10.10.19 by

Sewalls Point Single Family Market Report September 2019

Sewalls Point Real Estate Snapshot, Residential Sales for September 2019

There are currently 40 active listings (Down by 2 homes from last month)

8 home sales are pending and awaiting close or lender approval (Up by 2 homes from August)

Sewalls Point Single Family Market Report September 2019

5 Homes sold in August (Decreased by 5 homes from August)

Sewalls Point Single Family Market Report September 2019

The single-family real estate market in Sewalls Point had a decrese in closed sales for September.  Pending sales were up for the month.  While the available inventory of homes for sale remains fairly steady.

The absorption rate jumped up to 8.0 months, in August it was 4.2 months.  Transitioning back into a buyer’s market for the Sewalls Point single-family home market.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to September 2018, the inventory was 51 homes on the market, 8 pending sales and there were 8 closed sales.  There was better sales activity last year on a greater inventory of available homes for sale.  Pending sales remain the same.

Sewalls Point Single Family Market Report September 2019

Currently available Sewalls Point homes for sale

Currently available Sewalls Point vacant land for sale

Sewalls Point Florida Real Estate presented by
the Gabe Sanders real estate team

Click here to view previous Sewalls Point market reports.

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Sewalls Point Single Family Market Report September 2019

 

Atlantis Condos on Hutchinson Island October 2019 Market Report

10.10.19 by

Atlantis Condos on Hutchinson Island October 2019 Market Report

There are currently 5 condos on the market in the three Atlantis condo buildings on Hutchinson Island in Jensen Beach FL.  List prices range from $250,000 up to $288,888. This is an average list price of $268,590 which equates to $245.70 per sq. ft. of living area.

There aren’t any Atlantis condos currently under contract.

In the past 12 months, 15 condos have sold in Atlantis.  Sales prices ranged from a low of $185,000 up to $347,500.  Making for an average sales price of $255,101 or $229.18 per sq. ft. of living area.  These condos sold in an average of 108 days and at an average of 97% of list price.

Click here to view previous Atlantis condo market reports.

About Atlantis Condos:

Atlantis Condos on Hutchinson Island in Jensen Beach FL

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 bedrooms 2 bathrooms 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 These three buildings have two pools in between them as well as direct ocean access from the rear of all buildings.  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 Beach FL

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 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.

Hutchinson Island real estate is presented by Gabe Sanders, Stuart FL real estate

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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

Atlantis Condos on Hutchinson Island October 2019 Market Report

Martin County Townhouses and Condos August 2019 Market Report

10.07.19 by

Martin County Townhouses and Condos August 2019 Market Report

The Martin County Townhouses and Condos August Market Report had mixed sales activity when compared to last year.  Closed sales for the month were up by 1.2%.  They were down by 4.3% in July.  While new sales under contract (new pending sales) were down by 19.6% from August 2018.  They increased by 14.0% in July.

Prices were down for August.  The median sales price decreased by 11.7% (was up by 3.1% in July) while the average sales price decreased by 19.1% (was down by 10.2% in July).

The inventory of available townhouses and condos increased by 2 units to 360 properties.  This is a 20.4% greater inventory then we had for in August 2018.  Currently, there’s a 3.9 month supply of inventory (compared to 3.0 months for August 2018).  Remaining in a seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos August 2019 Market Report

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Click here to view past Martin County Townhouses and Condos Market Reports

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.

Martin County Townhouses and Condos August 2019 Market Report

Martin County Single Family Homes August 2019 Market Report

10.04.19 by

Martin County Single Family Homes August 2019 Market Report

The Martin County Single Family Homes August 2019 Market Report showed weaker closed sales activity when compared to last August.  Closed sales were down by 4.3% (were down by 9.2% in July).  While new pending sales decreased by 2.9% as compared to August 2018 (they increased by 7.5% in July).

Price changes were mixed for August.  The median sales price was up by 2.5% from last year (up by 3.2% in July) while the average sales price decreased by 12.5% (was up by 8.1% last month).

The inventory of available single-family homes decreased from last month by 15 homes to 947 units for August,  this is a 5.2% greater inventory than last August.  The current supply of homes is 4.9 months.  For August of last year, it was a 4.5 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes August 2019 Market Report

Click here to view or download the full report

Click here to view the previous Martin County single-family homes market reports

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.