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Florida Single Family Homes June 2019 Market Report

08.01.19 by

Florida Single Family Homes June 2019 Market Report

The Florida Single Family Homes Market Report for May 2019 had a slightly lower closed sales volume than last year but pending sales improved which could mean better closed volume for the near future.  The closed sales numbers were down by 1.9% (were up by 9.6% in May) and new sales under contract (new pending sales) were up by 4.9% (were up by 5.0% in May).

Prices were mixed for June.  The median sales price rose by 3.8% (it was up by 4.3% in May) and the average sales price was down by 0.3% (it was up by 2.6% last month).

The inventory of available homes for sale increased by 2.0% from last year.  This is a 3.9 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (June 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 June 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes June 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.

June 2019 Florida Single Family Homes Market Report

Hobe Sound FL 33455 Condo Market Report June 2019

07.31.19 by

Hobe Sound FL 33455 Condo Market Report June 2019

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

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

There are currently 12 active condo listings. (Up by 3 condos from May)

Hobe Sound FL 33455 Condo Market Report June 2019

3 Condos are pending and awaiting close. (Unchanged from May)

Hobe Sound FL 33455 Condo Market Report June 2019

1 Condo sold in June. (Down by 2 condos from May)

Hobe Sound FL 33455 Condo Market Report June 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.  This month was slow for closed sales but with an increase in inventory, I expect better results in the coming months.

The absorption rate for Hobe Sound condos was 12 months for June (it was 3.0 months for May).  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 June 2018 numbers were: 4 active listings, 5 pending sales, and 3 closed sales.  A better volume of sales and pending sales last year.  TThere is a little greater inventory of condos this year.

Hobe Sound FL 33455 Condo Market Report June 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 June 2019

Savanna Oaks July 2019 Market Report

07.31.19 by

Savanna Oaks July 2019 Market Report

For July 2019 there is only one home available for sale in Savanna Oaks in Jensen Beach FL.  This home has a list price of $799,999 or $189.75 per sq. ft. of living space.

There are no homes currently under contract.

In the past 12 months, 2 Savanna Oaks homes have sold.  Sales prices were $520,000 and $545,000.  This equals an average sales price of $532,500 which is $141.32 per sq. ft. of living space. These homes were on the market for an average of 329 days before going under contract.  They sold for 98% of list price.

Savanna Oaks in Jensen Beach FL

Savanna Oaks in Jensen Beach FL

24 home sites on Savanna Road just north of Jensen Beach Blvd.   This is an upscale gated community with fairly high elevation (by Florida standards).

Savannah Oaks in Jensen Beach FL

Home is Savanna Oaks are mostly two stories with 3,000 to over 7,000 sq. ft. of living area and a minimum of 2 car garages.

Savannah Oaks in Jensen Beach FL

The HOA fees are $425.00 a month (as of March 2019) make Savanna Oaks a very desirable new community which is ideal for families.  Located only 2 miles from the beaches and only one mile to the Intracoastal as well as 2 miles to the Treasure Coast Mall as well as close proximity to both the elementary and high schools which are both ‘A’ rated.

Savannah Oaks in Jensen Beach FL

Click here to search for available Savanna Oaks homes for sale

View Jensen Beach homes in gated communities:

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.

Savanna Oaks July 2019 Market Report

Hobe Sound FL 33455 Residential Market Report June 2019

07.30.19 by

Hobe Sound FL 33455 Residential Market Report June 2019

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

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

There are currently 219 active listings. (Down by 6 homes from May)

Hobe Sound FL 33455 Residential Market Report June 2019

67 Residential sales are pending and awaiting close  (Down by 15 homes from May)

Hobe Sound FL 33455 Residential Market Report June 2019

53 Homes Sold in June (Down by 34 homes from last month)

Hobe Sound FL 33455 Residential Market Report June 2019

The Hobe Sound Florida Market Report ZIP Code 33455 returned to a much more sustainable market after a super hot May.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.1 months (It was 2.6 months in May).  Remaining in a seller’s market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for June 2018 were: 192 active listings, 80 pending sales, and 49 closed sales.  Slightly better closed sales volume this year but a considerably poorer showing for pending sales.  We do have a greater inventory of Hobe Sound homes available for sale.

Hobe Sound FL 33455 Residential Market Report June 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 June 2019

Miles Grant Condos July 2019 Market Report

07.30.19 by

Miles Grant Condos July 2019 Market Report

For July 2019 there are 6 condos available to purchase in the Miles Grant community of Stuart, FL in Rocky Point.  These condos had list prices ranging from $79,900 up to $199,900.  This equals an average list price of $144,350 which works out to $121.28 per sq. ft. of living area.

There are two condos currently under contract.  The list prices were $98,900 and $142,000.  This is an average list price of $120,450 or $114.63 per sq. ft. of living area.  These condos were on the market for an average of 17 days before going under contract.

In the past 12 months, 27 Miles Grant condos have sold.  Sales prices ranged from $74,500 up to $152,000.  This works out to an average sales price of $118,276 which equals $102.41 per sq. ft. of living area.  These homes averaged 34 days on the market before going under contract and sold for 96% of list price.

About Miles Grant Homes and Condos in Stuart FL

Miles Grant in Stuart FL

The Miles Grant community lies on the southern edge of the Rocky Point area of Stuart FL just north of Cove Road and very close to the Saint Lucie inlet and the Intracoastal Waterway.  This community is home to the Miles Grant Country Club.  The Miles Grant Golf Course is a par 64 course with some of the best conditions for golfers available in the local area.  There’s also 7 tennis courts and an active tennis club.  A full-service clubhouse with dining facilities and social membership.  More information about the Miles Grant Country Club can be found on their web site at www.MilesGrant.net.

Miles Grant in Stuart FL

Associated with the Country Club are the condos, townhouses, and homes making up the Miles Grant community.  These include the two phases of the Miles Grant Condominiums Phase 1 and Phase 2, Hanson’s Landing condos, River Pines townhouses, Fairway Villas of Miles Grant, Pine Breeze Golf Villas, Lakeside Villas of Miles Grant, Country Club Apartments, and Country Club Cove.

Miles Grant in Stuart FL

Most of these homes and condos were built between the years of 1973 and 1979.  As of July 2019, HOA fees ranged from $267.00 up to $297.00 a month for the condos in Phase I and II.  The Country Club apartments fees are $273.00 a month. The Pine Breeze golf villas had a $185.00 a month fee.  Fairway Villas was $300.00 a month. The Lakeside Villas are $135.00 a month. Country Club Cove has a $105.00 a month fee.  Hansons Landing condos are at $355.00 a month.  And, finally, the River Pines townhomes have a $200 a month fee.

Miles Grant in Stuart FL

Social membership in the Miles Grant Country Club is mandatory with the exception of Hansons Landing, River Pines, and Country Club Cove condos where it is optional.  This membership costs $1480.00 a year with a food and drinks minimum of $350 per person.

Search here for all Miles Grant Condos

Search here for all Miles Grant Homes

Hanson’s Landing Condo Search

River Pines Townhouses Search

Country Club Cove

Miles Grant Condos July 2019 Market Report

Stuart FL 34997 Condo Market Report June 2019

07.29.19 by

Stuart FL 34997 Condo Market Report June 2019

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

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

There are currently 56 active condo listings (Up by 4 condos from May).

Stuart FL 34997 Condo Market Report June 2019

15 Condo sales are pending and awaiting close (Down by 18 condos from May).

Stuart FL 34997 Condo Market Report June 2019

11 Condos Sold in June (Down by 8 condos from May).

Stuart FL 34997 Condo Market Report June 2019

      The Stuart FL condo market for zip code 34997 continues to be active but it did slow down from the past few months.

     The absorption rate increased to 5.1 months in June compared to 2.7 months for May.  Continuing as a seller’s market for condos in the 34997 zip code of Stuart FL, but approaching a balanced market.  A 6 to 7-month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The June 2018 numbers were: 50 active listings, 26 pending sales, and 18 closed sales.  There was better sales and pending sales volume last year.

Stuart FL 34997 Condo Market Report June 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 June 2019

Hobe Sound Golf Club July 2019 Market Report

07.29.19 by

Hobe Sound Golf Club July 2019 Market Report

For July 2019, there are 2 homes available to purchase in the Hobe Sound Golf Club.  List prices are $589,000 and $850,000.  This is an average list price of 719,500 which is $232.61 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 5 Hobe Sound Golf Club homes have sold.  Sales prices ranged from $420,000 up to $660,000.  This works out to an average sales price of 486,600 which equals $212.11 per sq. ft. of living area.  These homes went under contract in an average of 70 days and sold for 96% of list price.

About the Hobe Sound Golf Club

Hobe Sound Golf Club

View Hobe Sound Golf Club homes for sale here:

Located just west of US-1 (Federal Highway) on Bridge Rd in Hobe Sound FL is the gated community and golf club knows as the Hobe Sound Golf Club.  With only 96 homes on over 240 acres, this secure community is one of the most desirable for those wishing to live in a golf course community.

Hobe Sound Golf Club

The first homes were built in 1988 and now come in sizes from 5 bedrooms, 5 bathroom homes with over 5,000 sq. ft. of living area down to a few 2 bedrooms, 2 bathroom homes with just around 2,000 sq. ft. of living area.

Hobe Sound Golf Club

This is a member-owned golf club and amenities include a full-service clubhouse with dining room and pro shop.  There’s also an Olympic sized community swimming pool.  24-hour manned security is also part of this upscale homeowners association. As of June 2019, the HOA fees ranged from $230.00 to $300.00 per month depending on the location and size of the home.   There is also a one time $3,300.00 Capital contribution when purchasing a home.  All homeowners within HSGC must hold at minimum a Social Membership. The 2019 annual dues are $1,000 plus tax. The annual food & beverage minimum is $800.

Hobe Sound Golf Club

The Hobe Sound Golf Club is only 30 minutes away from the West Palm Beach International airport yet far removed from the congestion of big city life.

Hobe Sound Golf Club

The golf course is a Joe Lee signature course and more information can be had by viewing the Hobe Sound Golf Club website here.

You can see the currently available Hobe Sound Golf Club homes for sale here.

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.

Hobe Sound Golf Club July 2019 Market Report

Copperleaf July 2019 Real Estate Market Report

07.27.19 by

Copperleaf July 2019 Real Estate Market Report

There are currently 10 homes listed in Copperleaf in Palm City, Florida. List prices are from $418,800 up to $1,067,800 for an average list price of $609,420 which equals $205.23 per square foot of living area.

There are 5 homes under contract awaiting closing. The list prices ranged from $399,900 up to $8795,000 which averages to a $545,160 list price and $170.12per square foot of living area. These homes averaged 40 days on the market before going under contract.

In the past 12 months, 16 homes have sold in Copperleaf with an average sales price of $530,772 or $195.16 per square foot of living area and at 96% list to sales price ratio. The lowest sales price was $340,000 while the highest was $915,455. These homes went under contract in an average of 110 days.

About Copperleaf in Palm City FL:

Copperleaf July 2019 Real Estate Market Report

Copperleaf in Palm City FL was first developed by Centex Homes with the first homes constructed and sold in 2007. New construction continues to the present now under the name of Pulte Homes. As of this writing, there are 123 homes in Copperleaf. Though, construction continues with room for considerably more homes.

Copperleaf July 2019 Real Estate Market Report

Home sizes range from estate size homes on over ½ an acre with more than 6,000 sq. ft. of living area down to a smaller 3 bedroom, 2 bath homes with 2 car (or more) garages of 1,705 sq. ft. Copperleaf is conveniently located close to both Florida’s Turnpike and I-95 yet just minutes to shopping, restaurants and the well-respected schools that Martin County has to offer. Only a few more minutes and you can be on the beach or launch your boat at one of the many boat ramps in the area.

Copperleaf July 2019 Real Estate Market Report

Copperleaf offers is a gated community with a manned gate by the beautiful entrance. There’s a clubhouse with exercise facilities, two tennis courts, a community pool and a playground for the little ones. As of this writing, the Home Owner’s Association fees are $233 per month. These fees cover Basic Cable TV, Manager, Recreational Facilities, Reserve Fund, Security and Trash pickup.

Copperleaf in Palm City FL

There are excellent new construction opportunities as well as re-sales available in Copperleaf of Palm City FL. Call us for details.

Copperleaf in Palm City FL

Currently, these homes are available for sale in Copperleaf Palm City

 

For any questions you may have about Copperleaf in Palm City Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate

Copperleaf July 2019 Real Estate Market Report

 

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

Copperleaf July 2019 Real Estate Market Report

 

Stuart FL 34997 Residential Market Report June 2019

07.26.19 by

Stuart FL 34997 Residential Market Report June 2019

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

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

There are currently 298 active listings (Decreased by 38 home from May).

Stuart FL 34997 Residential Market Report June 2019 

149 Residential sales are pending and awaiting close or lender approval (Down by 1 home from May). 

Stuart FL 34997 Residential Market Report June 2019 

97 Homes Sold in June (Decreased by 3 homes from May)

Stuart FL 34997 Residential Market Report June 2019

      The Stuart Florida Residential Market for ZIP Code 34997 had a fairly large drop in the inventory of available homes for sale.  Pending and closed sales were down slightly from last month.  This is still the most active market in the Martin County area.
     The absorption rate dropped to 3.1 months (was 3.4 months for May).  Still in an extreme seller’s market for the 34997 zip code area of Stuart for June 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 June, were: 263 active listings, 149 pending listings, and 94 closed sales.  Very similar activity as compared to last year though we do have a larger inventory of available homes for sale this year.
Stuart FL 34997 Residential Market Report June 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 June 2019

Edgewater Villas July 2019 Market Report

07.26.19 by

Edgewater Villas July 2019 Market Report

For July 2019 there is 1 condo available for sale in the Edgewater Villas of Stuart FL. The list price is $420,000 which is $269.06 per sq. ft. of living area.

There are no condos under contract at this time.

In the past 12 months, 3 Edgewater Villas condos have sold. The sales prices ranged from $386,000 up to $490,000. This equals an average sales price of $423,667 which works out to $263.76 per sq. ft. of living area. These condos sold for 95% of list price and went under contract in an average of 71 days after being listed.

About the Edgewater Villas Condominiums:

Edgewater Villas Waterfront in Stuart FL

Just west of Historic Downtown Stuart and on the shores of the Saint Lucie River lies the Edgewater Villas Condominiums. This complex consists of two waterfront buildings of four stories on over 2 acres that were built in 1976. These are luxury condos with either two bedrooms, two bathrooms, and a spacious 1,561 sq. ft. of air-conditioned living area or 3 bedrooms and two bathrooms with 1,684 sq. ft. There are only four condos per floor in these buildings.

Edgewater Villas real estate in Stuart FL

This community offers deep water docks which are just west of the Roosevelt Bridge and the City of Stuart docks and mooring fields. There is a large heated pool as well as a clubhouse with a kitchen, billiard room as well as a common area member’s room.

Edgewater Villas real estate in Stuart FL

The current condo fees are $545 a month and this includes basic cable TV, landscape/lawn, manager, recreation facilities, roof repair, trash and water, and sewer fees. Up to two large pets are permitted for each unit and rentals are allowed with some restrictions.

Edgewater Villas Waterfront in Stuart FL

These Edgewater Villas Condos are very conveniently located and residents can easily walk to downtown Stuart as well as shops on US-1 (Federal Hwy).

Edgewater Villas Waterfront in Stuart FL

All ages are welcome and children living here currently attend the JD Parker Elementary School, Stuart Middle School, and Jensen Beach High School.

Edgewater Villas real estate in Stuart FL

Click here to see if any Edgewater Villas Condos are 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.

Edgewater Villas July 2019 Market Report

Jensen Beach FL 34957 Condo Market Report June 2019

07.25.19 by

Jensen Beach FL 34957 Condo Market Report June 2019

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

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

There are currently 111 active listings. (Increased by 2 condos from May)

Jensen Beach FL 34957 Condo Market Report June 2019

41 Condo sales are pending and awaiting settlement. (Down by 1 condo from May)

Jensen Beach FL 34957 Condo Market Report June 2019

23 Condos Sold (Down by 7 condos from May)

Jensen Beach FL 34957 Condo Market Report June 2019

 The Jensen Beach FL 34957 Condo Market Report had a drop in closed sales for the month while other activity remains strong.  Not unexpected to see condo sales start declining in the summer months.

The one-month absorption rate for the June 2019, Jensen Beach Florida Market Report ZIP Code 34957 rose to 4.8 months (from 3.6 months in May). 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 June 2018 numbers were: 103 active listings, 38 pending sales, and 31 condos closed.  Better closed sales numbers for last year.

Jensen Beach FL 34957 Condo Market Report June 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 June 2019

Jensen Beach FL 34957 Residential Market Report June 2019

07.24.19 by

Jensen Beach FL 34957 Residential Market Report June 2019

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

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

 There are currently 207 active listings. (Down by 16 homes from last month)

Jensen Beach FL 34957 Residential Market Report June 2019

73 Residential sales are pending and awaiting close or lender approval. (Increased by 6 homes from May)

Jensen Beach FL 34957 Residential Market Report June 2019

41 Homes Sold (Decreased by 17 homes from May)

Jensen Beach FL 34957 Residential Market Report June 2019

The Jensen Beach FL 34957 Residential Market while still an active market is showing reduced strength when compared to both last month and last year.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.0 months ( was 3.8 months in May).  Still 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 June 2018 numbers were: 170 active listings, 77 pending sales, and 59 home sales closed.  There was less inventory last year but this segment of the single family reslestate market still had better sales activity.
Jensen Beach FL 34957 Residential Market Report June 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 June 2019

Monarch Country Club Real Estate Market Report July 2019

07.24.19 by

Monarch Country Club Real Estate Market Report July 2019

There are currently 17 active listings in the Monarch Country Club in Palm City FL. List prices range from $283,000 up to $649,000. This is an average list price of $428,524 which works out to $178.10 per sq. ft. of living area.

There are 4 homes under contract which have not yet closed to date. List prices were from $330,000 up to $589,000. This works out to an average of $430,750 or $177.03 per sq. ft. of living area. These homes were on the market for an average of 46 days before going under contract.

In the past 12 months, 37 homes have sold in the Monarch Country Club. Sales prices ranged from a low of $215,000 up to $660,000. This equals an average sales price of $398,327 which equals $174.06 per sq. ft. of living area. These homes sold on average at 95% of list price and were on the market for an average of 69 days before going under contract.

About the Monarch Country Club

entrance to the Monarch Country Club

One of Palm City’s premier neighborhoods, Monarch Country Club is home to the ‘Monarch’ Golf Course in a wonderful gated community of approximately 500 homes.

Homes in the Monarch Country Club range in size from estate sized homes with over 3,800 sq. ft. of living area and up to 5 bedrooms and 4 bathrooms with 3 car garages down to smaller attached villas with a more modest 1,300 sq. ft. of living area and 2 bedrooms, 2 bathrooms and a 2 car garage. For those living in the Monarch Country Club, membership in the golf club is not mandatory and there are a number of social memberships also available including tennis and community pool memberships.

Monarch Country Club Real Estate in Palm City Florida

All ages and pets are welcome in Monarch and children are currently zoned to attend the Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.

Monarch Country Club Real Estate in Palm City Florida

This community is well located in Palm City close to Florida’s Turnpike for commuters and with easy access to shopping, restaurants, medical facilities and the many boat ramps and waterways in Martin County.

Monarch Country Club Real Estate in Palm City Florida

The championship course at Monarch boasts 6,867-yard par 72 with a slope of 133 and a rating of 73.6. Shorter options exist for all levels of play. This is an Arnold Palmer designed course that opened in 1987 and is currently managed as a ClubCorp facility.

Monarch Country Club Real Estate in Palm City Florida

There’s a beautiful clubhouse with pro shop, fine dining room, snack bar and outside bar that is open to club members and residents of Monarch Country Club. The two-story structure offers beautiful views of the emerald green fairways of the ‘Monarch’ course at the Monarch Country Club. This fine facility is also available for business, social conferences and weddings. Adjacent to the clubhouse is a professional caliber tennis facility with six perfectly maintained, lighted Har-Tru courts. A full-service Pro Shop is available to suit all of your needs. Lessons, groups, tournaments are all accommodated by the friendly staff.

Homes in the Monarch Country Club

Currently, there are a number of fine homes available for sale in the Monarch Country Club, ranging from smaller attached villas to larger estate homes with magnificent lake and golf course views.

Here are the currently available Monarch Country Club 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.

Monarch Country Club Real Estate Market Report July 2019

 

Stuart FL 34996 Condo Market Report June 2019

07.23.19 by

Stuart FL 34996 Condo Market Report June 2019

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

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

There are currently 104 active condo listings (Down by 25 condos from last month).

Stuart FL 34996 Condo Market Report June 2019

43 Condo sales are pending and awaiting close or lender approval (Down by 4 condos from May).

Stuart FL 34996 Condo Market Report June 2019

29 Condos Sold in June (Down by 2 condos from May) 

Stuart FL 34996 Condo Market Report June 2019

The Stuart FL 34996 Condo Market of Stuart showed weaker sales and pending sales volume but also a drop in inventory keeping the sales rations very active.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 3.6 months from May’s 4.2 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 June 2018 were: 106 active listings, 38 pending sales, and 29 closed sales.  Very similar sales volume when compared to last year.

Stuart FL 34996 Condo Market Report June 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 June 2019

Mystic Cove Real Estate Market Report for July 2019

07.23.19 by

Mystic Cove Real Estate Market Report for July 2019

As of July 2019, there is 1 home on the market in the Mystic Cove community of Hobe Sound FL. This home was listed for $579,900 or $164.18 per square foot of living area.

There are no homes under contract (pending) at this time.

In the past 12 months, no homes have sold in Mystic Cove.

About Mystic Cove in Hobe Sound:

Mystic Cove in Hobe Sound

Waterfront homes in Hobe Sound

Mystic Cove in Hobe Sound is a gated community of only 35 lots. As of this writing, there are still 2 vacant lots which have yet to be built upon. This is a waterfront community on the Intracoastal Waterways and just on the east side of Gomez Ave about a half-mile north of Bridge Road (which accesses Jupiter Island and the shores of the crystal clear waters of the Atlantic Ocean.

Mystic Cove in Hobe Sound

Mystic Cove has 16 deeded docks available exclusively to owners within the community.  These docks are accessible via a boardwalk through the mango preserve area. These docks may have lifts with electricity and water available. Access to the Ocean is either through the Saint Lucie Inlet in Stuart or the Jupiter Inlet in Jupiter.

The homes in Mystic Cove were built from 1989 to 2008 and range in size from just under 2,000 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to over 3,500 sq. ft. and 4 bedrooms and 4 bathrooms. All of these lots are over one-quarter of an acre with the largest lots just over one-third of an acre.

Mystic Cove Mystic Cove

Children in Mystic Cove are zoned to attend the Hobe Sound Elementary School, Murray Middle School and the South Fork High School.

Mystic Cove

Click on this link to see available homes for sale in Mystic Cove

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.

Mystic Cove Real Estate Market Report for July 2019

Stuart FL 34996 Residential Market Report June 2019

07.22.19 by

Stuart FL 34996 Residential Market Report June 2019

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

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

There are currently 144 active listings (Decreased by 8 homes from May).

Stuart FL 34996 Residential Market Report June 2019 

24 Residential sales are pending and awaiting close (Up by 1 home from May).

Stuart FL 34996 Residential Market Report June 2019

12 Homes Sold in June (Down by 15 homes from May).

Stuart FL 34996 Residential Market Report June 2019

The 34996 zip code area of the Stuart Florida had considerably weaker sales activity for the month.  Inventory has decreased a little but sales are not keeping pace.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for June jumped up to 12 months as compared to the 5.6 months for last month.  We have transitioned back into a buyer’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 June 2018 were: 105 active listings, 34 pending sales, and 26 closed sales.  Much better activity last year with less inventory of available homes for sale.

Stuart FL 34996 Residential Market Report June 2019

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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.

Stuart FL 34996 Residential Market Report June 2019

Egret Pond July 2019 Real Estate Market Report

07.22.19 by

Egret Pond July 2019 Real Estate Market Report

As of July 2019, there are 3 homes on the market in Egret Pond community of the Martin Downs Country Club of Palm City FL.  These homes are listed from $230,000 up to $239,000.  This is an average list price of $234,633 which equals $150.70 per square foot of living area.

There are no homes under contract in Egret Pond.

In the past 12 months, there have been 10 homes sold. Sales prices ranged from $177,000 up to $260,000.  This works out to an average sales price of $225,050 which equals $140.81 per square foot of living area. These homes were on the market for an average of 50 days before going under contract and sold for 95% of list price.

About Egret Pond in Martin Downs:

Egret Pond in Martin Downs in Palm City FL

The Egret Pond community is a section of the Martin Downs Country Club of Palm City.   It contains 86 homes that were built in 1984 and 1985. These homes range in size from 2 bedrooms, 2 bathrooms and 1 car garage homes with just over 1,300 sq. ft. of living area up to 3 bedrooms, 2 bathrooms and 1 car garage with a little over 1,700 sq. ft. of livable space under AC.

Egret Pond in Martin Downs Egret Pond in Martin Downs

These are all concrete block construction homes with flat cement tile roofs. The HOA fees are $240 per month which includes landscaping and lawn maintenance, basic cable TV, a reserve fund for the common areas, exterior painting and security. Martin Downs is a guard gated community with roving security patrols as needed.

Egret Pond in Martin Downs Egret Pond in Martin Downs

All ages and pets are welcome in Egret Pond. Children are currently zoned to attend the Crystal Lake Elementary, Hidden Oaks Middle, and Martin County High Schools.

Egret Pond in Martin Downs Egret Pond in Martin Downs

Egret Pond in Martin Downs

Also, very conveniently located close to Florida’s Turnpike for those looking to travel to parts north or south. Egret Pond is a very affordable and excellent choice for those looking for a home within the Palm City area of Martin County.

Click here to see the available Egret Pond homes for sale in Palm City FL

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.

Egret Pond July 2019 Real Estate Market Report

Schooner Oaks July 2019 Real Estate Market Report

07.21.19 by

Schooner Oaks July 2019 Real Estate Market Report

For July 2019 there are 2 homes for sale in Schooner Oaks in Stuart, FL. These condos are both listed for sale with prices of $265,000 and $265,500. This is an average list price of $265,250 or $152.09 per sq. ft. of living area.

There are no homes currently under contract at this time.

In the past 12 months, 9 Schooner Oaks homes have sold. The sales prices ranged from $235,000 up to $295,000. This works out to an average sales price of $257,711 which equals $153.17 per sq. ft. of living area. These homes went under contract in an average of 85 days and sold for 95% of list price.

About Schooner Oaks in Rocky Point:

The Schooner Oaks community of Rocky Point in Stuart FL is a townhouse style complex under condo association rules. There are 86 units of varying sizes that were built from 1985 till 1997.

Schooner Oaks in Rocky Point

These townhouses vary from the largest one with 4 bedrooms and 4 bathrooms and 2,140 sq. ft. of living area down to 2 bedrooms, 2 bath condos with around 1,400 sq. ft. of living area. Most units come with an attached single car garage.

Schooner Oaks in Rocky Point

Residents enjoy the use of a clubhouse with billiards, fitness room, heated pool, spa, and tennis courts. There’s a waterfront gazebo with a day dock and fishing pier off the Intracoastal Waterway with views toward the Saint Lucie Inlet of the Atlantic Ocean.

Schooner Oaks in Rocky Point

This is a pet-friendly community allowing for up to two large pets. Rentals are also allowed and there are some vehicle restrictions. The current HOA fees are $570 per month. These fees cover Assessment Fee, Cable, Common Areas, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Insurance-Other, Janitor, Lawn Care, Legal/Accounting, Maintenance – Repair, Maintenance Exterior, Management Fees, Manager, Pest Control, Pool Service, Reserve Funds, Roof Maintenance, and Trash Removal.

Schooner Oaks in Rocky Point

Search here for any available Schooner Oaks 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.

Schooner Oaks July 2019 Real Estate Market Report

 

Canoe Creek Real Estate Market Report July 2019

07.20.19 by

Canoe Creek Real Estate Market Report July 2019

For July 2019 there is only 1 home for sale in Canoe Creek in Palm City. The list price is $449,000 which is $153.87 per sq. ft. of living area.

There are 3 homes currently under contract in Canoe Creek in Palm City. List prices ranged from $415,000 up to $519,000.  This works out to an average list price of $478,000 or $149.74 per sq. ft. of living area. It was on the market for 87 days before going under contract.

In the past 12 months, 11 homes have sold in Canoe Creek. The sales prices ranged from $265,000 up to $570,000. This works out to an average sales price of $418,773 which equals $166.94 per sq. ft. of living area. These homes went under contract in an average of 37 days after going on the market and sold for an average of 96% of list price.

About Canoe Creek Real Estate in Palm City:

Canoe Creek in Palm City FL

 

Canoe Creek in Palm City is a wonderful family community filled with just a little over 100 captivating homes that have plenty of room for your family to grow. Each home has a spacious yard with beautiful manicured Florida foliage that creates a tranquil backdrop. Lot sizes in Canoe Creek begin at 1/2 acre with a few lots of up to just over an acre. Home sizes range from over 4,000 sq. ft. of living area with 5 bedrooms, 5 bathrooms and 3 car garages down to more modest 3 bedroom, 2 bathroom homes of under 2,000 sq. ft. of living area. Homes in Canoe Creek had numerous builders and were completed between the years of 1980 and 1995.

Canoe Creek in Palm City FL

The neighborhood is approximately 25 minutes from gorgeous stretches of beaches in Stuart. Canoe Creek is close to great ‘A’ rated schools, recreation, and the exciting and beautiful Downtown Stuart while still close to I-95 and Florida’s Turnpike for those needing to commute or wishing to travel either north or south.

Canoe Creek in Palm City FL

Low HOA fees of $150 per quarter make this an easily affordable community in a subdivision that offers privacy with room to spare between homes with individual mostly custom designed and built homes at an affordable price.

Canoe Creek in Palm City FL

Search for Canoe Creek Homes for Sale

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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.

Canoe Creek Real Estate Market Report July 2019

Palm City FL 34990 Condo Market Report June 2019

07.19.19 by

Palm City FL 34990 Condo Market Report June 2019

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

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

There are currently 66 active condo listings. (Decreased by 2 condos from May)

Palm City FL 34990 Condo Market Report June 2019 

9 Condo sales are pending and awaiting close or lender approval. (Down by 4 condo from last month)

Palm City FL 34990 Condo Market Report June 2019

12 Condos Sold in June. (Up by 4 condos from May)

Palm City FL 34990 Condo Market Report June 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.  June was a good month for this segment of condo real estate in Martin County.

The current absorption rate for condos in the 34990 zip dropped to 5.5 months (was 8.5 months in May).  Shifting into a seller’s market for Palm City condos for the first time in a while.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The June 2018 numbers were: 86 active listings, 8 pending sales, and 9 closed sales.  A better volume of sales and pending sales this year all on a reduced inventory of available condos.
Palm City FL 34990 Condo Market Report June 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
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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.

Palm City FL 34990 Condo Market Report June 2019