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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

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Hobe Sound Florida Real Estate presented by:
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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
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Search for all Four Rivers Land for Sale in Palm City
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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

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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

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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

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

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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Stuart Florida Real Estate

North River Shores August 2019 Market Report

Stuart FL 34996 Residential Market Report July 2019

08.26.19 by

Stuart FL 34996 Residential Market Report July 2019

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

For July 2019 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 138 active listings (Decreased by 6 homes from June).

Stuart FL 34996 Residential Market Report July 2019 

23 Residential sales are pending and awaiting close (Down by 1 home from June).

Stuart FL 34996 Residential Market Report July 2019

20 Homes Sold in July (Up by 8 homes from June).

Stuart FL 34996 Residential Market Report July 2019

The 34996 zip code area of the Stuart Florida residential real estate market rebounded from pretty poor June activity.  Hopefully, this will continue through the rest of the summer and into fall.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for July dropped to 6.9 months as compared to 12 months for last month.  We are heading back into a balanced market 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 July 2018 were: 128 active listings, 21 pending sales, and 25 closed sales.  We had pretty similar sales volume when compared to last year.

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

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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 Residential Market Report July 2019

Mariner Village August 2019 Real Estate Market Report

08.24.19 by

Mariner Village August 2019 Market Report

For the Mariner Village August 2019 real estate market report, there are 3 homes for sale in this Stuart FL gated community.  List prices range from $299,500 up to $359,900.  This is an average list price of $325,096 which equals $181.13 per sq. ft. of living area.

There is one home under contract.  This home had a list price of $392,000 which is $212.35 per sq. ft. of living area.  This home was on the market for 18 days prior to going under contract.

In the past 12 months, 23 homes have sold in Mariner Village.  Sales prices ranged from a low of $210,000 up to a high of $366,000.  This works out to an average sales price of 302,470 which equals $161.33 per sq. ft. of living area.  These homes sold for 95% of the last list price and averaged 44 days on market before going under contract.

About Mariner Village:

Mariner Village sign


Mariner Village is a gated community in the very southern section of Stuart FL, adjacent to the Hobe Sound area of Martin County.  This community consists of 330 homes that were built between 1992 and 2000.  Home sizes range from 2 bedrooms, 2 bath homes with around 1,600 sq. ft. of living area up to 5 bedrooms, 4 bathroom homes with just under 3,000 sq. ft. of living area.

entrance to Mariner Village

Many homes have private preserve views and there are a number of homes with lake views.  All Mariner Village homes have 2 car garages and some have private in-ground swimming pools.

Community Pool in Mariner Village

Community amenities include a heated pool, 2 tennis courts, and 2 basketball courts as well as a nature trail through the preserves.

tennis courts in Mariner Village

The monthly $200.00 HOA fee includes front lawn maintenance, basic Cable TV, trash pickup and maintenance of all the common areas. 2 large pets are permitted as well as rentals with some restrictions.

Mariner Village in Stuart FL

Mariner Village is conveniently located close to shopping, restaurants, beaches, medical facilities and belong to Martin County’s ‘A’ rated school system

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.

Mariner Village August 2019 Real Estate Market Report

Palm City FL 34990 Condo Market Report July 2019

08.23.19 by

Palm City FL 34990 Condo Market Report July 2019

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

For July 2019 in the 34990 Zip Code area of Palm City, Florida :

There are currently 77 active condo listings. (Increased by 11 condos from June)

Palm City FL 34990 Condo Market Report July 2019 

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

Palm City FL 34990 Condo Market Report July 2019

3 Condos Sold in July. (Down by 9 condos from June)

Palm City FL 34990 Condo Market Report July 2019

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.  July retreated back to weak activity for this market.

The current absorption rate for condos in the 34990 zip exploded to 25.7 months (was 5.5 months in June).  Shifting back into 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 July 2018 numbers were: 78 active listings, 9 pending sales, and 1 closed sales.  Slightly better activity this year.
Palm City FL 34990 Condo Market Report July 2019
Are you interested in the value of your Palm City FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

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

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 July 2019

Palm City FL 34990 Residential Market Report July 2019

08.22.19 by

Palm City FL 34990 Residential Market Report July 2019

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

For July 2019 in the 34990 Zip Code area of Palm City Florida :

 There are currently 348 active listings (Down by 42 homes from June)

Palm City FL 34990 Residential Market Report July 2019

154 Residential sales are pending (Up by 38 homes from last month)

Palm City FL 34990 Residential Market Report July 2019

63 Homes Sold in September (Down by 23 homes from June)

Palm City FL 34990 Residential Market Report July 2019

The Palm City FL, zip code 34990 residential real estate market had a large improvement in pending sales while closed sales were off.  With the increase in pending sales, I expect closed sales to improve in the next month or two.  There was also a pretty large (and unexpected) drop in inventory for July.
The monthly absorption rate rose to 5.5 months from 4.5 months in June.  Remaining in a 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 July 2018 numbers were:  335 active listings, 142 pending sales, and 76 closed sales.  There’s a greater number of pending sales this year while closed sales were better last year.

Palm City FL 34990 Residential Market Report July 2019

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

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 July 2019

Stuart FL 34994 Condo Market Report July 2019

08.21.19 by

Stuart FL 34994 Condo Market Report July 2019 

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

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

There are currently 99 active condo listings (Down by 15 condos from June).

Stuart FL 34994 Condo Market Report July 2019

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

Stuart FL 34994 Condo Market Report July 2019

15 Condos Sold in June (Unchanged from June).

Stuart FL 34994 Condo Market Report July 2019

The Stuart FL 34994 Condo market changed very little from last month.

The absorption rate for July dropped to 6.6 months compared to last month’s 7.6 months.  Back into a balanced 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 or sellers have an advantage in the real estate market.

Last July the numbers were 84 active listings, 57 pending sales, and 16 closed sales. Much better pending sales numbers last year and just slightly better closed sales.  Inventory is higher for 2019.

Stuart FL 34994 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

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

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 July 2019 

 

Harbour Pointe August 2019 Market Report

08.21.19 by

Harbour Pointe August 2019 Market Report

For August 2019 there are no homes for sale in Harbour Pointe.

There are also no homes in Harbour Pointe currently under contract.  This home was listed for $379,900 which equals $180.65.  This home was on the market for 141 days prior to going under contract.

11 homes have sold in the past 12 months with sales prices from $285,777 up to  $490,000.  The average sales price was $391,025 which works out to $158.25 per square foot of living area.  These homes sold for an average of 96% list price and averaged 98 days on the market before going under contract.

About Harbour Pointe in Palm City FL:

Harbour Pointe in Palm City FL

Harbour Pointe is a gated community of 120 homes in Palm City Florida.  This small and private community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County!  Residents enjoy preserve and lake  views in spacious custom designed homes.

Harbour Pointe Palm City FL

This wonderful residential community is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A’ rated schools of Martin County.  Also close to shopping, restaurants as well as the beaches of Martin County as well as easy access to I-95 and Florida’s Turnpike makes it a commuters dream!

Harbour Pointe Palm City FL

Harbour Pointe Palm City FL

Currently Available Homes and Town Homes in Harbour Pointe

Search the Martin County MLS

For more information about this and other Martin County communities contact:
Gabe Sanders

Palm City Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Harbour Pointe August 2019 Market Report

 

Stuart Florida 34994 Residential Market Report July 2019

08.20.19 by

Stuart Florida 34994 Residential Market Report July 2019

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

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

There are currently 89 active listings (Up by 3 homes from June)

Stuart Florida 34994 Residential Market Report July 2019

17 Residential sales are pending and awaiting close or lender approval (Decreased by 12 homes from last month).

Stuart Florida 34994 Residential Market Report July 2019

16 Homes Sold in July (Decreased by 11 homes from June)

Stuart Florida 34994 Residential Market Report July 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed much weaker activity for July as compared to the last few months.  Both pending and closed sales were down by considerable numbers.

The one-month absorption rate for the 34994 zip code for July jumped to 5.6 months from 3.2 months for June.  Remaining in a seller’s market for the 34994 zip code area of Stuart, FL, but approaching a balanced one.   A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The July 2018 numbers were 71 Active Listings, 30 pending sales, and 21 closed sales.  Much better activity last year than for July 2019.

Stuart Florida 34994 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 34994 zip code area of Stuart FL

Search here for vacant land for sale in the 34994 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 Florida 34994 Residential Real Estate Market Report July 2019

Sewalls Point Single Family Market Report July 2019

08.19.19 by

Sewalls Point Single Family Market Report July 2019

Sewalls Point Real Estate Snapshot, Residential Sales for July 2019

There are currently 42 active listings (Down by 16 homes from last month)

Sewalls Point Single Family Market Report July 2019

15 home sales are pending and awaiting close or lender approval (Up by 3 homes from June)

Sewalls Point Single Family Market Report July 2019

8 Homes sold in June (Increased by 1 home from June)

Sewalls Point Single Family Market Report July 2019

The single-family real estate market in Sewalls Point erased the rise in inventory from last month with an increase in pending sales and a small increase in closed sales.

The absorption rate dropped to 5.3 months, in June it was 8.3 months.  Transitioning back into a seller’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 July 2018, the inventory was 50 homes on the market, 6 pending sales and there were 9 closed sales.  Similar closed sales on a smaller number of homes for sale this year.  Pending activity is considerably better which may indicate better sales volume in the near future.

Sewalls Point Single Family Market Report July 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

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 July 2019