Search Results for: st lucie county market report

Oak Ridge Real Estate Market Report September 2019

09.12.19 by

Oak Ridge Real Estate Market Report September 2019

There is only 1 home available for sale in Oak Ridge in Palm City, FL.   The list price is $369,000 which equals $190.01 per sq. ft. of living area.

There are 3 homes under contract and awaiting settlement at this time.  List prices ranged from $439,000 up to $459,900.  This works out to an average list price of $452,633 or $185.21 per sq. ft. of living area.  These homes averaged 65 days on the market before going under contract.

10 homes have sold in Oak Ridge in the past 12 months.  Sale prices ranged from $325,000 up to $518,000.  The average sold price was $407,470 which equals $178.46 per sq. ft. of living area.  These homes went under contract in an average of 81 days and sold for 98% of list price.

About Oak Ridge in Palm City FL:

Located in a quiet tranquil corner of Palm City Florida, the Oak Ridge community of 224 homes is conveniently located close to top-rated schools, shopping, I-95, and Florida’s Turnpike, golf courses, cultural activities, parks, and beaches. Linked with tree-lined streets and cul-de-sacs, homes are located on preserves or waterfront on lakes or ocean access canals. Enhanced private homesites within a traditional community setting. The gated neighborhood of Oak Ridge offers a 2000 sq. ft. clubhouse, pool, two lighted tennis courts, and a deep water ocean access boat ramp. Each house is ideally situated on a lake or preserve property.

There is a mandatory Home Owners Association with reasonable quarterly dues which cover Basic Cable TV, Landscaping and Maintenance of all Common Areas, Gate Maintenance, Property Manager & Reserve Funds.

Residents of Oak Ridge are in the Martin County School system and currently, the assigned schools are Bessey Creek Elementary, Hidden Oaks Middle and Martin County High School.

Only minutes to Pendarvis Cove Park on the shores of the Saint Lucie River. Additional boat ramp and trailer parking and home of the sailing club.

Other close-by amenities include lots of great shopping, easy access to Florida’s Turnpike and I-95. Only 15 minutes to the shores of the Atlantic Ocean. Give us a call if you’d like additional information about this wonderful Palm City community.

the Gabe Sanders real estate team

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

Oak Ridge Real Estate Market Report September 2019

Martins Crossing Market Report September 2019

09.11.19 by

Martins Crossing Market Report September 2019

There are currently 6 homes for sale in Martins Crossing.  Prices range from $293,000 up to $399,000.  This is an average list price of $334,983 which equals $155.33 per sq. ft. of living area.

There are 2 homes currently under contract.  List prices were $329,000 and $349,900.  This equals an average list price of $339,450 which is $166.27 per sq. ft. of living area.  These homes went under contract in an average of 44 days.

In the past twelve months, 33 homes have sold in Martins Crossing.  Sales prices ranged from a low of $185,000 to a high of $395,000.  This equals an average sales price of $266,013 which works out to $145.43 per sq. ft. of living area.  These homes sold at an average of 98% of list price and were under contract in an average of 38 days.

About Martins Crossing in Stuart FL:

 Martins Crossing in Stuart FL

Located in the intimate, yet vibrant, City of Stuart near a variety of fine restaurants, cultural outlets, and shopping.  Martins Crossing boasts of  596 residences with a stunning variety of single-family homes and a section of private townhomes. This family-friendly community was completed around 2006 with mostly newer homes.

Martins Crossing in Stuart FL

Martins Crossing community amenities include lush landscaping and with private preserve views,  The Martins Crossing Clubhouse has a sparkling resort-style pool, and oversized deck, tennis courts and a playful tot lot all nearby.

Martins Crossing in Stuart FL

Martins Crossing is conveniently located by Kanner Hwy. and Pomeroy Street for easy access to Historic Downtown Stuart, the beaches, and waterways of Martin County, restaurants, shopping and quick access to I-95.  All this in a wonderful ‘A’ rated school system.

Martins Crossing in Stuart FL

Search for Martins Crossing Homes 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.

Martins Crossing Market Report September 2019

Martin County Townhouses and Condos July 2019 Market Report

09.10.19 by

Martin County Townhouses and Condos July 2019 Market Report

The Martin County Townhouses and Condos July Market Report had improved sales activity when compared to last year.  Closed sales for the month were down by 4.3%.  They were down by 17.1% in June.  While new sales under contract (new pending sales) were up by 14.0% from July 2018.  They decreased by 2.2% in June.

Prices were mixed for July.  The median sales price increased by 3.1% (was up by 25.1% in June) while the average sales price decreased by 10.2% (was up by 32.5% in June).

The inventory of available townhouses and condos decreased by 36 units to 358 properties.  This is still a 12.2% greater inventory then we had for in July 2018.  Currently, there’s a 3.9 month supply of inventory (compared to 3.1 months for July 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 July 2019 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos July 2019 Market Report

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 July 2019 Market Report

South Fork Estates Real Estate Market Report for September 2019

09.10.19 by

South Fork Estates Real Estate Market Report for September 2019

There are currently 3 homes for sale in South Fork Estates in Stuart FL.  The listing prices range from $479,900 up to $587,000 for an average list price of $543,933 which equals $226.02 per sq. ft. of living area.

There is one home under contract at this time in South Fork Estates.  The list price was $449,900 or $213.93 per sq. ft. of living area.  This home went under contract 25 days after coming on the market.

In the past 12 months, there have been 4 sales in South Fork Estates.  These homes had sales prices from $363,000 up to $456,500.  This works out to an average sales price of $398,625 which is $193.44 per square foot of living area.   These homes averaged 82 days on the market before going under contract and sold for an average of 98% of list price.

About South Fork Estates in Stuart FL:

South Fork Estates in Stuart FL

A unique private community in Stuart, Florida built before the land was so expensive that homes had to be placed on top of each other.  All homes in South Fork Estates are on 1/2 acre or larger lots, many with serene views of two large lakes located within this community.  Those homes not on the lakes have private preserve views of the Atlantic Ridge.

South Fork Estates in Stuart FL

There are 114 homes in South Fork Estates.  Homes were built from 1992 through as late as 2011.  The majority of the homes were built between 1998 through 2005.  Most homes are either 3 or 4 bedrooms with 2 and 3 car garages, ranging in size from around 2,000 sq. ft. of living area to over 3,500.  There are still a few residential lots that are vacant awaiting a home.

South Fork Estates in Stuart FL

This is a close-knit community with a playground as well as a boat and RV storage area.  Low Homeowners’ association fees of under $50 per month at the time of this writing.

South Fork Estates in Stuart FL

Children living in South Fork Estates attend Crystal Lake Elementary, David L Anderson Middle, and South Fork High Schools.

South Fork Estates in Stuart FL - RV and Boat Lot

Located just off Cove Rd. and Kanner Highways, this community is just minutes from I-95 for commuters.  Shopping and medical facilities are also close by.  And, there are numerous choices for boating access also only a short ride away.

One of the hidden gems of the Stuart area, South Fork Estates id a great community to call home.

Here are the currently available homes for sale in South Fork Estates

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.

South Fork Estates Market Report for September 2019

Martin County Single Family Homes July 2019 Market Report

09.09.19 by

Martin County Single Family Homes July 2019 Market Report

The Martin County Single Family Homes July 2019 Market Report showed weaker closed sales activity when compared to last July.  new pending sales did rise, which may predict a greater number of closed sales in the coming months.  Closed sales were down by 9.2% (were down by 7.1% in June).  While new pending sales increased by 7.5% as compared to July 2018 (they decreased by 2.4% in June).

Prices, though, were up for July.  The median sales price was up by 3.2% from last year (up by 4.9% in June) while the average sales price increased by 8.1% (was down by 3.9% last month).

The inventory of available single-family homes decreased from last month by 39 homes to 962 units for July,  this is a 4.9% greater inventory than last July.  The current supply of homes is 4.9 months.  For July of last year, it was a 4.6 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 July 2019 Market Report

Click here to view or download the full report:
Martin County Single Family Homes July 2019 Market Report

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 Single Family Homes July 2019 Market Report

Rustic Hills September 2019 Real Estate Market Report

09.09.19 by

Rustic Hills September 2019 Real Estate Market Report

For September 2019, there are 4 homes available for sale in Rustic Hills.  List prices range from $413,000 up to $974,500.  This is an average list price is $592,600 or $285.04 per sq. ft. of living area.

There are 2 homes under contract at this time.  The list prices were $450,000 and $564,900.  This works out to an average list price of $507,450 which is $234.17 per sq. ft. of living area.  These homes averaged only 6 days on the market prior to going under contract.

In the past 12 months, 10 Rustic Hills homes have sold.  Sales prices ranged from $342,390 up to $565,000 for an average sales price of $447,539 which equates to $245.46 per sq. ft. of living area.  Sales averaged 97% of list price and also averaged 62 days on the market prior to going under contract.

About Rustic Hills in Palm City FL:

Rustic Hills in Palm City FL

Originally a popular fishing camp, Rustic Hills in Palm City, Florida is a quaint waterfront enclave of 178 homesites geared for families who also enjoy boating. All homes have canal frontage with dockage, except for 10 homes/lots, which have deeded spaces for docks. A wonderful entrance through the ‘covered bridge’ allows entry into Rustic Hills. Great families and good neighbors through a series of winding one-lane roads that make this neighborhood unique in today’s fast-paced lifestyles. Some homes still have the outward character of the old fishing camp lodges, but most have been completely remodeled or even re-built to today’s standards.

Rustic Hills, Palm City, Florida, Canals

Truly a ‘rustic’ area, but close to shopping, beaches, and all modern amenities. Only a short ride by boat to the wide Saint Lucie River and an additional few minutes to the Saint Lucie Inlet and the beautiful Atlantic Ocean.

Rustic Hills in Palm City FL

Currently, children living in Rustic Hills attend Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.  Rustic Hills is an exceptionally friendly family neighborhood where children are seen playing outside at all times and neighbors taking the time to make sure that all is well.

Rustic Hills in Palm City FL

There are a number of exceptional opportunities for the prospective home buyer in Rustic Hills.

Search for currently available homes in Rustic Hills, Palm City, Florida

 

the Gabe Sanders real estate team

Stuart Florida Real Estate

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

Search the Martin County MLS

Call 772-323-6996  for information

Rustic Hills September 2019 Real Estate Market Report

Jensen Beach Oceanfront Condo Just Listed

09.08.19 by

Jensen Beach Oceanfront Condo Just Listed

The Empress Condominium on Hutchinson Island.  A Jensen Beach oceanfront condo just listed by Gabe Sanders of Real Estate of Florida.

Available for immediate occupancy and offered for $390,000.

More info and pictures

Empress oceanfront Condo in Jensen Beach

Spacious 2 bedroom oceanfront condo in one of the best buildings on South Hutchinson Island in Jensen Beach.  This condo is offered fully furnished and is ready for immediate occupancy.  One small pet is allowed and rentals are also permitted with some restrictions.

Empress oceanfront Condo in Jensen Beach

The master bathroom has dual sinks and a separate shower and tub along with a large walk-in closet.  There is ample closet space in this condo along with an additional storage locker and a laundry room in the condo.  This Empress condo offers direct access to the beach with unobstructed ocean views.  Other amenities include a beachside pool and spa, exercise room, billiards room, table tennis room, card room with a large flat-screen TV, social room and bar, kitchen with ice-maker and dishwasher, covered patio, barbecue grill, tennis courts, golf practice nets, car wash areas, and a decorated lobby.  The HOA fee includes Wi-Fi and cable.

Empress oceanfront Condo in Jensen Beach Empress oceanfront Condo in Jensen Beach

This is a perfect opportunity for a beachside home or a vacation home and even as an investment property.  The Empress Condo is a luxury building and is also known as “The Jewel of the Isle”.

Empress oceanfront Condo in Jensen Beach

Search for all Empress Condos in Jensen Beach on Hutchinson Island

Search for all Condos in Jensen Beach on Hutchinson Island

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.

 

Jensen Beach Oceanfront Condo Just Listed

Florida Townhouses and Condos July 2019 Market Report

09.06.19 by

Florida Townhouses and Condos July 2019 Market Report

The Florida Townhouses and Condos Market Report for July 2019 had a positive month with improved activity when compared to last July.  Closed sales were up by 4.3% as compared to last month’s decrease of 9.4% and new sales under contract (new pending sales) increased by 3.3% (In June there was a 1.5% decrease).

Prices were also up for the month of July.  The median sales price was up by 4.4% (was up by 2.6% in June), while the average sales price increased by 4.1% (was down 4.0% in June).

The inventory of active listings increased by 3.4% from July of last year.  We now have 5.5 months of inventory as compared to 5.3 months for July 2018.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos July 2019 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos July 2019 Market Report

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.

Florida Townhouses and Condos July 2019 Market Report

Florida Single Family Homes July 2019 Market Report

09.05.19 by

Florida Single Family Homes July 2019 Market Report

The Florida Single Family Homes Market Report for July 2019 showed improved activity from the same period last year.  The closed sales numbers were up by 10.4% (were down by 1.9% in June) and new sales under contract (new pending sales) were up by 7.4% (were up by 4.9% in June).

Prices were also up for July.  The median sales price rose by 5.1% (it was up by 3.8% in June) and the average sales price was up by 6.3% (it was down by 0.3% last month).

The inventory of available homes for sale decreased by 0.2% from last year.  This is a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (July 2018 also had a 3.9 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes July 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes July 2019 Market Report

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.

July 2019 Florida Single Family Homes Market Report

Lighthouse Point and Seagate Harbor Market Report September 2019

09.05.19 by

Lighthouse Point and Seagate Harbor Market Report September 2019

For September 2019, we have 15 homes on the market in Lighthouse Point and Seagate Harbor in Palm City, FL.  Listing prices are from a low of $450,000 to a high of $1,179,000.  This is an average listing price of $715,712 which equals $367.91 per square foot of living area.

There is only 1 home currently under contract.  The list price was $560,000 or $314.61 per square foot of living area.  This home was on the market for 127 days before going under contract.

But, only8 homes have sold in Lighthouse Point and Seagate Harbor in the past 12 months.  Sales prices ranged from $425,000 up to $780,000.  This works out to an average sales price of $602,363 which equals $298.42 per square foot of living area.  These homes sold at an average of 87 days and at 98% of list price.

About Lighthouse Point and Seagate Harbor in Palm City FL:

Lighthouse Point and Seagate Harbor in Palm City FL


A boater’s and sailor’s Delight in an affordable waterfront niche community with deep water dockage! Nature and families are the focus in this desirable community characterized by beautiful homes, parks, nearby golf, restaurants, shopping, and A-Rated schools!

Lighthouse Point and Seagate Harbor real estate in Palm City FL

Almost every home has waterfront dockage available in an intricate network of deepwater canals. Some select homes come with wide views of the Saint Lucie River. A community boat ramp is also available providing everything a boater would ever want!

Lighthouse Point and Seagate Harbor in Palm City FL

The homeowner’s association is very reasonable at only $50 and $75 per year, most of which goes towards a number of great community get-togethers throughout the year. These two neighboring communities are in the ‘A’ rated Martin County school system with local children currently zoned for Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Lighthouse Point and Seagate Harbor in Palm City FL

There are no fixed bridges to the open Ocean (Only high span 60’ +). These canals are maintained and dredged to a 6’ depth. In recent years sewer and city water have been brought to these communities which have resulted in a major transformation. Many larger and newer homes are replacing the smaller homes of the previous era.

Lighthouse Point and Seagate Harbor in Palm City FL

Those looking for affordable waterfront in the Martin County area may want to act sooner than later as current prices have been rising rapidly.

Search the Martin County MLSSearch for available homes in Lighthouse Point and Seagate Harbor

Lighthouse Point and Seagate Harbor September 2016 Market Report

Hobe Sound FL 33455 Condo Market Report July 2019

09.04.19 by

Hobe Sound FL 33455 Condo Market Report July 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for July 2019

For July 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 10 active condo listings. (Down by 2 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2019

5 Condos are pending and awaiting close. (Up by 2 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2019

3 Condo sold in July. (Up by 2 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2019

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Even with these small number of available condos for sale, the activity remains strong.  There is surprisingly strong activity for such a small market segment of Martin County.

The absorption rate for Hobe Sound condos was 3.3 months for July (it was 12 months for June).  Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes in percentages that do not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The July 2018 numbers were: 5 active listings, 5 pending sales, and 3 closed sales.  Very similar activity when compared to last year for the Hobe Sound July 2019 condo market activity.

Hobe Sound FL 33455 Condo Market Report July 2019

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

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

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

Hobe Sound FL 33455 Condo Market Report July 2019

Hobe Sound FL 33455 Residential Market Report July 2019

09.03.19 by

Hobe Sound FL 33455 Residential Market Report July 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for July 2019

  For July 2019 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 195 active listings. (Down by 24 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2019

76 Residential sales are pending and awaiting close  (Up by 9 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2019

38 Homes Sold in July (Down by 15 homes from last month)

Hobe Sound FL 33455 Residential Market Report July 2019

The Hobe Sound Florida Market Report ZIP Code 33455 continues to be a strong and active rsidentialreal estate market even though the activity has moderated a bit in the past two months.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 5.1 months (It was 4.1 months in June).  Remaining in a seller’s market for Hobe Sound residential real estate, but drifting towards a balanced one.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for July 2018 were: 192 active listings, 68 pending sales, and 53 closed sales.  Better number of closed sales last year while the other metrics are similar to this year.

Hobe Sound FL 33455 Residential Market Report July 2019

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

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

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

Hobe Sound FL 33455 Residential Market Report July 2019

Four Rivers September 2019 Palm City Real Estate Market Report

09.03.19 by

Four Rivers September 2019 Palm City Real Estate Market Report

For September 2019, there are 9 homes available to purchase in Four Rivers in Palm City FL ranging in price from $745,000 up to $1,370,000.  This is an average list price of $1,072,778 or $345.13 per sq. ft. of living area.

There are no homes currently under contract.

Only 2 homes have sold in the past 12 months in Four Rivers.  The sales prices were $600,000 and $1,175,000.  This equals an average sales price of $887,500 which is $182.02 per sq. ft. of living area.  These homes averaged 256 days on the market before going under contract and sales were at 92% of the list price.

About Four Rivers in Palm City FL:

Four Rivers Waterfront in Palm City FL

Four Rivers is a unique enclave of spacious homes on the banks of the South Fork of the Saint Lucie River.  Ideal for the serious boaters, all of Four Rivers’ home sites are on deepwater canals suitable for larger vessels.   With no fixed bridges (under 60’) to the Saint Lucie Inlet for quick and easy access to the Atlantic Ocean.

Four Rivers in Palm City, Florida

Consisting of 98 home sites, with a minimum ½ acre of land (though most have ¾ acre or more), Four Rivers is a perfect family-friendly neighborhood. Very conveniently located close to ‘A’ rated schools, shopping, restaurants and only a few minutes from either downtown Stuart or Florida’s Turnpike.  Great location for families and for those wishing to commute to our more crowded neighboring counties.

Four Rivers in Palm City, Florida

Canals ware maintained to a depth of 6’ at mean low tide to make sure no boats have difficulties navigating to open water.  Low HOA fees are used to fund the occasional dredging to maintain the canal water depth.  Four Rivers is a wonderful place to call home.

Four Rivers Waterfront Community in Palm City FL.

Search for all Four Rivers Homes for Sale in Palm City
Search the Martin County MLS

Search for all Four Rivers Land for Sale in Palm City
Search the Martin County MLS

View all of our listings

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

Four Rivers September 2019 Palm City Real Estate Market Report

 

Stuart FL 34997 Condo Market Report July 2019

09.02.19 by

Stuart FL 34997 Condo Market Report July 2019

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2019

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

There are currently 44 active condo listings (Down by 12 condos from June).

Stuart FL 34997 Condo Market Report July 2019

20 Condo sales are pending and awaiting close (Up by 5 condos from June).

Stuart FL 34997 Condo Market Report July 2019

16 Condos Sold in July (Up by 5 condos from June).

Stuart FL 34997 Condo Market Report July 2019

      The Stuart FL condo market for zip code 34997 picked up considerably from last month and is a very active condo real estate market.

     The absorption rate plunged to 2.8 months in July compared to 5.1 months for June.  Back into a very strong seller’s market for condos in the 34997 zip code of Stuart FL.  A 6 to 7-month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The July 2018 numbers were: 44 active listings, 21 pending sales, and 17 closed sales.  Very similar to the July 2018 condo activity for the 34997 zip code area of Martin County.

Stuart FL 34997 Condo Market Report July 2019

Stuart Florida Real Estate presented by:
Gabe Sanders

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

Stuart FL 34997 Condo Market Report July 2019

Stuart FL 34997 Residential Market Report July 2019

08.30.19 by

Stuart FL 34997 Residential Market Report July 2019

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

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

There are currently 313 active listings (Increased by 15 home from June).

Stuart FL 34997 Residential Market Report July 2019 

127 Residential sales are pending and awaiting close or lender approval (Down by 22 homes from June). 

Stuart FL 34997 Residential Market Report July 2019 

82 Homes Sold in July (Decreased by 15 homes from June)

Stuart FL 34997 Residential Market Report July 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.  For July 2019, the inventory is up but both sales and pending sales decreased from last month.
     The absorption rate rose to 3.8 months (was 3.1 months for June).  Still in an extreme seller’s market for the 34997 zip code area of Stuart for July 2019.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2018 numbers for July, were: 258 active listings, 164 pending listings, and 80 closed sales.  Similar closed sales volume on a greatly reduced inventory of available homes for sale.  Pending sales were significantly less this year when compared to July 2018.
Stuart FL 34997 Residential Market Report July 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

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 July 2019

Gull Harbor August 2019 Market Report

08.30.19 by

Gull Harbor August 2019 Market Report

The Gull Harbor August 2019 Market Report shows 1 home currently for sale in this Palm City FL community.  The list price is $1,375,000 or $360.51 per sq. ft. of living area.

There is 1 home under contract at this time.  The list price was $985,000 which is $302.22 per sq. ft. of living area.  This home was on the market for 69 days prior to going under contract.

In the past 12 months, there have been 4 sales in Gull Harbor.  Sales prices ranged from $385,000 up to $1,298,000.  This works out to an average sales price of $922,000 which equals $354.55 per sq. ft. of living area.  These homes sold for 96% of list price and were on the market for an average of 49 days before going under contract.

About Gull Harbor Real Estate in Palm City FL

Gull Harbor Real Estate in Palm City FL

The Gull Harbor community of Palm City consists of mostly waterfront homes on the shores of the South Fork of the Saint Lucie River as well as an exceptionally wide and deep canal off the river.  This is a non-gated neighborhood with 43 homes and no HOA or deed restrictions.  Of these 43 homes, only 4 do not have access to a dock in their backyards.

Gull Harbor real estate in Palm City FL

The first home built in Gull Harbor was in 1961 and the last was completed in 2014.  There is one residential lot left in Gull Harbor that has not been built upon.  Homes range in size from as small as just over 1,300 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to a 5 bedroom, 3 bathroom home with just under 5,000 sq. ft. of space for living area.

Gull Harbor real estate in Palm City FL

Children attend Bessey Creek Elementary, Hidden Oak Middle and Martin County High Schools.  All of which are considered to be excellent schools in Florida.

Gull Harbor real estate in Palm City FL

Gull Harbor lies just east of Mapp Rd (North of Martin Downs Blvd), see the map below.  Very convenient location with easy access to downtown Stuart, FL or Florida’s Turnpike for commuters and with many choices for shopping, entertainment and other amenities close by.

Click on this link to search for available Gull Harbor Homes for Sale

Jensen Beach FL 34957 Condo Market Report July 2019

08.29.19 by

Jensen Beach FL 34957 Condo Market Report July 2019

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

For July 2019 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 105 active listings. (Decreased by 6 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2019

34 Condo sales are pending and awaiting settlement. (Down by 7 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2019

31 Condos Sold (Up by 8 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2019

 The Jensen Beach FL 34957 Condo Market Report had a drop in inventory and pending sales while the closed sales activity rose for July.

The one-month absorption rate for the July 2019, Jensen Beach Florida Market Report ZIP Code 34957 dipped to 3.4 months (from 4.8 months in June). Remaining in a strong 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 July 2018 numbers were: 87 active listings, 34 pending sales, and 26 condos closed.  Slightly better activity this year, but this is with a greater inventory of availblecondos for sale.

Jensen Beach FL 34957 Condo Market Report July 2019

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Click on this link and fill out the form for an accurate personal evaluation

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

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 July 2019

Jensen Beach FL 34957 Residential Market Report July 2019

08.28.19 by

Jensen Beach FL 34957 Residential Market Report July 2019

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

 For July 2019 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 186 active listings. (Down by 21 homes from last month)

Jensen Beach FL 34957 Residential Market Report July 2019

81 Residential sales are pending and awaiting close or lender approval. (Increased by 8 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2019

41 Homes Sold (Unchanged from June)

Jensen Beach FL 34957 Residential Market Report July 2019

The Jensen Beach FL 34957 Residential Market showed stronger pending sales activity over last month with a reduction in inventory and unchanged closed sales activity.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dipped to 4.5 months ( was 5.0 months in June).  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 buyer.
The July 2018 numbers were: 168 active listings, 72 pending sales, and 47 home sales closed.  Better closed activity last year with a smaller volume of available homes for sale.  The pending activity was better this year.
Jensen Beach FL 34957 Residential Market Report July 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

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 July 2019

Stuart FL 34996 Condo Market Report July 2019

08.27.19 by

Stuart FL 34996 Condo Market Report July 2019

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

For July 2019 in the 34996 Zip Code area of Stuart, Florida :

There are currently 98 active condo listings (Down by 6 condos from last month).

Stuart FL 34996 Condo Market Report July 2019

34 Condo sales are pending and awaiting close or lender approval (Down by 9 condos from June).

Stuart FL 34996 Condo Market Report July 2019

31 Condos Sold in July (Up by 2 condos from June) 

Stuart FL 34996 Condo Market Report July 2019

The Stuart FL 34996 Condo Market of Stuart continues to have excellent sales activity.  pending sales were off a little for July and the inventory has also decreased.  This may affect the market in the coming months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dipped to 3.2 months from June’s 3.6 months. Still a strong 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 July 2018 were: 106 active listings, 25 pending sales, and 26 closed sales.  Better sales and pending sales activity this year on a smaller number of available condos for sale.

Stuart FL 34996 Condo Market Report July 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 condos for sale in the 34996 zip code area of Stuart FL

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

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 July 2019

North River Shores August 2019 Market Report

08.27.19 by

North River Shores August 2019 Market Report

The North River Shores August 2019 Market Report for Stuart Florida:

There are currently 6 active listings in North River Shores.  List prices range from $329,900 up to $1,275,000.  The average list price is $562,048 which equals $227.67 per square foot of living area.

There are no homes under contract at this time.

In the past 12 months, 23 homes have sold in North River Shores with an average sales price of $528,348 or $215.18 per square foot of living area. Sales prices ranged from a low of $310,500 up to $1,175,000 and these homes sold for an average 97% of list price.  They averaged 98 days on the market before going under contract.

About North River Shores in Stuart FL:

 North River Shores in Stuart FL

The area north of the Roosevelt Bridge to Britt Road and west of US 1 is sometimes loosely referred to as “North River Shores.” However, North River Shores and its companion neighborhoods of Cocoanut Point and North River Forest are distinct subdivisions as recorded in Martin County records.
 
Members of these communities enjoy the benefits of designated park areas as well as the use of the boat ramp at Nosaw Park which accesses the North Fork of the St. Lucie River.  There are also some accompanying deed restrictions that enhance and protect the aesthetic nature of this beautiful community.

 North River Shores

The North River Shores communities include both waterfront and non-waterfront homes.  Waterfront homes may have sweeping miles wide views of the North Fork of the Saint Lucie River or protected canal front homes with deep water dockage.  Additionally, North River Shores is a bird and wildlife sanctuary.

North River Shores in Stuart FL

 This community is blessed with easy access to shopping, the beaches, houses of worship, schools and access to both downtown Stuart and Jensen Beach, yet it maintains a quiet and peaceful neighborhood character.   This is a wonderful neighborhood within Martin County’s ‘A’ rated school district.  For additional information about North River Shores and/or the surrounding communities, contact Gabe Sanders.

North River Shores

North River Shores
Search here for available homes in North River Shores

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courtesy of:
the Gabe Sanders real estate team

Stuart Florida Real Estate

North River Shores August 2019 Market Report