Search Results for: st lucie county market report

Jensen Beach FL 34957 Condo Market Report May 2019

07.01.19 by

Jensen Beach FL 34957 Condo Market Report May 2019

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

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

There are currently 109 active listings. (Increased by 2 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2019

42 Condo sales are pending and awaiting settlement. (Down by 10 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2019

30 Condos Sold (Down by 2 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2019

 The Jensen Beach FL 34957 Condo Market Report remains a very active market with consistently strong sales.

The one-month absorption rate for the May 2019, Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.6 months (from 3.3 months in April). Remaining as a very strong seller’s market.  A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The May 2018 numbers were: 108 active listings, 43 pending sales, and 31 condos closed.  Almost identical sales volume when compared to last year.  Just slightly lower this year.

Jensen Beach FL 34957 Condo Market Report May 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 May 2019

Willoughby Golf Club Stuart June 2019 Market Report

06.29.19 by

Willoughby Golf Club Stuart June 2019 Market Report

There are currently 12 homes on the market in the Willoughby Golf Club. List prices range from $350,000 up to $1,595,000.  The is an average listing price of $618,308 which equates to a price per sq. ft. of living area of $196.94.

There is only 1 home under contract.  The list price was $649,900 or $193.14 per sq. ft. of living area.  This home was on the market for 255 days before going under contract.

In the past 12 months, 17 Willoughby Golf Club homes have sold.  Sales prices ranged from $318,966 up to $900,000.  This equals an average sales price of $535,322 which equals $180.55 per sq. ft. of living area.  Sales prices averaged 96% of list prices and these were on the market for an average of 107 days before receiving an accepted offer.

About the Willoughby Golf Club in Stuart FL:

Willoughby Golf Club in Stuart FL

Willoughby Golf Club real estate is located in the city of Stuart, which is in Martin County Florida. It sits on the eastern coast of the Atlantic Ocean along what is commonly referred to as the Treasure Coast. Knowing the location of Willoughby Golf Club real estate is the first step in the right direction. You will soon realize though that the right direction becomes filled with so many benefits that it is hard not to wish of owning a piece of Willoughby Golf Club real estate.

Willoughby Golf Club in Stuart FL

The Willoughby Golf Club is made up of a 403-acre private golf community. The golf club memberships entitle the members the enjoyment of a championship and challenging Arthur Hills designed golf course. Of the 403 acres over 200 are devoted to nature preserves, lakes and the golf course itself. This allows the residents of Willoughby Golf Club real estate to enjoy a low inhabitant’s environment and the splendors of the beautiful climate found along Florida’s coast.

Willoughby Golf Club in Stuart FL

Residents have the benefit of numerous activities and events that take place in the town of Stuart along with many noteworthy locations.

  • Restored downtown with historical landmarks
  • exclusive shops
  • distinctive restaurants
  • an executive airport
  • highly viewed schools
  • library
  • outstanding professional and medical facilities
  • a regional mall
  • many cultural happenings

Willoughby View 1

The Atlantic Ocean is accessible via the St. Lucie Inlet and there are protected inland waterways offering boating and fishing excursions. This is no surprise since Stuart properties are located in the “Sailfish Capital of the World”. Stuart also has miles of pristine beaches.Willoughby Golf Club Real Estate 1

A short drive south will take you to Palm Beach County with its fashionable shopping, assorted well reputable dining, the Raymond F. Kravis Center and Palm Beach International Airport.

The homes of Willoughby Golf Course real estate are divided into different categories. The entire area is made up of nine different neighborhoods, each as fine as the next. You can choose from various floor plans and styles.

Willoughby Golf Club in Stuart FL

Here are the currently available homes for sale in the Willoughby Golf Club

Search for Martin County Real Estate

Willoughby Golf Club Stuart June 2019 Market Report

 

Jensen Beach FL 34957 Residential Market Report May 2019

06.28.19 by

Jensen Beach FL 34957 Residential Market Report May 2019

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

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

 There are currently 223 active listings. (Down by 3 homes from last month)

Jensen Beach FL 34957 Residential Market Report May 2019

67 Residential sales are pending and awaiting close or lender approval. (Decreased by 14 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2019

58 Homes Sold (Increased by 6 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2019

The Jensen Beach FL 34957 Residential Market continues to be an active market with strong sales volume.  Unfortunately, there was a drop in pending sales this month which may have an effect on closed sales for the near future.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.8 months ( was 5.8 months in April).  An even stronger 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 May 2018 numbers were: 159 active listings, 90 pending sales, and 60 home sales closed.  A second consecutive month of better activity last year even though there is a greater number of homes available for sale in Jensen Beach this year.
Jensen Beach FL 34957 Residential Market Report May 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 May 2019

Palm City FL 34990 Condo Market Report May 2019

06.27.19 by

Palm City FL 34990 Condo Market Report May 2019

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

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

There are currently 68 active condo listings. (Decreased by 10 condos from April)

Palm City FL 34990 Condo Market Report May 2019 

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

Palm City FL 34990 Condo Market Report May 2019

8 Condos Sold in May. (Down by 3 condos from April)

Palm City FL 34990 Condo Market Report May 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.  May showed a nice rise in activity for these communities.

The current absorption rate for condos in the 34990 zip is 8.5 months (was 7.1 months in April).  Shifting into a more pronounced buyer’s market for Palm City condos.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The May 2018 numbers were: 87 active listings, 11 pending sales, and 9 closed sales.  Very similar activity to last year but with a significantly lower number of available condos for sale.
Palm City FL 34990 Condo Market Report May 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 May 2019

The Reef in Rocky Point June 2019 Market Report

06.27.19 by

The Reef in Rocky Point June 2019 Market Report

For June 2019 there is 1 home available to purchase in the Reef in the Rocky Point neighborhood of Stuart FL.  This home is listed for $2,100,000 or $459.52 per sq. ft. of living area.

There are no homes currently under contract in the Reef.

In the past 12 months, 3 homes have sold in the reef.  These homes sold for prices ranging from $351,000 up to $530,000. This works out to an average sales price of $455,333 which equals $188.90 per sq. ft. of living area.  These homes sold for an average of 102% of list price and were on the market for an average of 149 days before going under contract.

About The Reef in Rocky Point:

The Reef in Rocky Point in Stuart FL

The Reef is one of the few newer gated communities in the Rocky Point area of Stuart FL.  This is an exclusive subdivision with 52 home sites, 11 of which are larger waterfront estates.  This desirable community is well located just a short boat ride away from the Atlantic Ocean through the Saint Lucie Inlet.

The Reef in Rocky Point

Homes in the Reef were built from 1994 to 2007.  There are still some vacant lots that have yet to be built on including one waterfront parcel.  Home sizes range from 3 bedroom, 2 bathroom homes with just under 2,000 sq. ft. of living area all the way up to 5 bedroom, 4 bath waterfront homes with over 6,000 sq. ft. of living space on over an acre lots.

The Reef in Rocky Point The Reef in Rocky Point

The Reef is in the Martin County School District and children attend the Port Salerno Elementary school, Murray Middle School and South Fork High School.

The Reef in Rocky Point The Reef in Rocky Point

Rocky Point was originally a fishing village and many fishermen remain in the area.  It is surrounded by the Intracoastal on the east side and the Manatee Pocket on the North and South sides.  Easy access to many marinas, great seafood restaurants as well as the great lifestyle of Martin County FL.

Click here to search for homes for sale in the Reef of Rocky Point

Click here to search for all Rocky Point homes for sale and condos for sale

The Reef in Rocky Point June 2019 Market Report

Palm City FL 34990 Residential Market Report May 2019

06.26.19 by

Palm City FL 34990 Residential Market Report May 2019

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

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

 There are currently 400 active listings (Up by 11 homes from April)

Palm City FL 34990 Residential Market Report May 2019

132 Residential sales are pending (Down by 34 homes from last month)

Palm City FL 34990 Residential Market Report May 2019

110 Homes Sold in September (Up by 32 homes from April)

Palm City FL 34990 Residential Market Report May 2019

The Palm City FL, zip code 34990 residential real estate market had a very good month for closed sales.  Unfortunately, pending sales were off for this month and the inventory continues to grow.  Palm City remains a very active market.
The monthly absorption rate rose to 3.6 months from 5.0 months in April.  Dropping to even a more extreme seller’s market for the Palm City zip code 34990 area.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The May 2018 numbers were:  340 active listings, 176 pending sales, and 106 closed sales.  All in all, considerably better activity last year with a reduced number of homes available to purchase.

Palm City FL 34990 Residential Market Report May 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 May 2019

Stuart FL 34997 Condo Market Report May 2019

06.25.19 by

Stuart FL 34997 Condo Market Report May 2019

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

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

There are currently 52 active condo listings (Down by 6 condos from April).

Stuart FL 34997 Condo Market Report May 2019

33 Condo sales are pending and awaiting close (Up by 3 condos from April).

Stuart FL 34997 Condo Market Report May 2019

19 Condos Sold in May (Up by 1 condo from April).

Stuart FL 34997 Condo Market Report May 2019

      The Stuart FL condo market for zip code 34997 continues to show very strong sales activity compared to the previous months as well as last year.

     The absorption rate dropped to 2.7 months in May compared to 3.2 months for April.  Continuing as an even stronger 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 May 2018 numbers were: 50 active listings, 26 pending sales, and 17 closed sales.  Continuing stronger sales volume year to year in this segment of the Stuart condo real estate market.

Stuart FL 34997 Condo Market Report May 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 May 2019

River Watch on Hutchinson Island June 2019 Market Report

06.25.19 by

River Watch on Hutchinson Island June 2019 Market Report

In June 2019, there are 2 homes for sale in the River Watch community of Hutchinson Island in Jensen Beach FL.  The list prices of these homes are $489,000 and $550,000.  This is an average list price of $519,500 which works out to $332.35 per sq. ft. of living area.

There aren’t any homes currently under contract.

In the past 12 months, only 1 River Watch home has sold.  The sales price was $285,000 which equals $205.04 per sq. ft. of living area.  This home was on the market for 151 days before going under contract and sold for 98% of list price.

About River Watch on Hutchinson Island:

River Watch on Hutchinson Island

Located only a short distance north of the Jensen Beach Causeway and just across the Saint Lucie County line, there is a wonderful small community by the name of River Watch.  These are single family homes ranging from a modest 2 bedroom and 2 bathroom residence with around 1,400 sq. ft. of living area plus a garage up to a spacious 4 bedroom, 3 bathroom with 3,400 sq. ft. of living area and your very own private dock and access to the Intracoastal Waterway which is also known as the Indian River.  There are 30 homes in this community which is adjacent to the Windmill Village community and shares the Aqua Ra Road which accesses both subdivisions from A-1-A.

River Watch on Hutchinson Island

Most of these homes are waterfront with access to the Intracoastal Waterway, but suitable mostly for shallower draft vessels and the unusual stipulation that they access the river without the use of gas motors, so only human or electric power for that initial stretch of water.

River Watch on Hutchinson Island River Watch on Hutchinson Island

River Watch residents also have easy access to the beautiful beaches on Hutchinson Island by simply walking across the street to their private beach or a short ride to many of the public access beaches available in both Saint Lucie and Martin County beaches.

This is a non-gated community with a very reasonable $220 a month HOA fee which includes your landscaping as well as basic cable TV (as of June 2019).

River Watch on Hutchinson Island River Watch on Hutchinson Island

This excellent location makes it easy to go grocery shopping, boating, spend days on the beach, restaurants and to enjoy all the wonderful amenities offered on the Treasure Coast of Florida.

Click here to see if any homes are available to purchase in River Watch on Hutchinson Island

River Watch on Hutchinson Island June 2019 Market Report

Stuart FL 34997 Residential Market Report May 2019

06.24.19 by

Stuart FL 34997 Residential Market Report May 2019

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

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

There are currently 336 active listings (Increased by 1 home from April).

Stuart FL 34997 Residential Market Report May 2019 

150 Residential sales are pending and awaiting close or lender approval (Down by 24 homes from April). 

Stuart FL 34997 Residential Market Report May 2019 

100 Homes Sold in May (Decreased by 14 homes from April)

Stuart FL 34997 Residential Market Report May 2019

      The Stuart Florida Residential Market for ZIP Code 34997 had a decrease in both pending and closed sales numbers from last month.  But, remains an extremely strong segment of the Stuart Florida residential real estate market.
     The absorption rate rose to 3.4 months (was 2.9 months for April).  Still in an extreme seller’s market for the 34997 zip code area of Stuart for May 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 May, were: 259 active listings, 156 pending listings, and 93 closed sales.  There’s slightly better sales volume this year and slightly lower pending sales.  Though, we have a considerably greater inventory of available homes for sale in this segment of the Stuart residential real estate market.
Stuart FL 34997 Residential Market Report May 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 May 2019

Stuart FL 34996 Condo Market Report May 2019

06.21.19 by

Stuart FL 34996 Condo Market Report May 2019

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

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

There are currently 129 active condo listings (Up by 5 condos from last month).

Stuart FL 34996 Condo Market Report May 2019

47 Condo sales are pending and awaiting close or lender approval (Down by 11 condos from April).

Stuart FL 34996 Condo Market Report May 2019

31 Condos Sold in May (Down by 14 condos from April) 

Stuart FL 34996 Condo Market Report May 2019

The Stuart FL 34996 Condo Market of Stuart returned to a bit more sustainable activity levels for May after an exceptionally strong April.  This condo market remains very active and healthy.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 4.2 months from April’s 2.8 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 May 2018 were: 118 active listings, 46 pending sales, and 40 closed sales.  Better closed sales last year, otherwise pretty similar results.

Stuart FL 34996 Condo Market Report May 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 May 2019

Locks Landing in Stuart Florida June 2019 Market Report

06.21.19 by

Locks Landing in Stuart Florida June 2019 Market Report

As of June 2019, there are 2 homes on the market in Locks Landing in Stuart Florida.  These homes are listed for $389,900 and $469,900.  This equals an average list price of $429,900 which equals $183.38 per sq. ft. of living area.

There is 1 home currently under contract.  The list price was $499,000 or $204.93 per sq. ft. of living area. This home was on the market for only 3 days before going under contract.

In the past 12 months, 10 homes have sold in Locks Landing with sales prices ranging from $358,900 up to $525,000.  This is an average sales price of $432,790 which is $178.00 per sq. ft. of living area. These sales averaged 97% of list price and went under contract in an average of 56 days after being listed.

About Locks Landing in Stuart FL:

Locks Landing in Stuart FL

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

Locks Landing in Stuart FL

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

 Locks Landing in Stuart FL Locks Landing in Stuart FL

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

 Locks Landing in Stuart FL

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

 

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

Stuart Florida Real Estate

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

Locks Landing in Stuart Florida June 2019 Market Report

 

Stuart FL 34996 Residential Market Report May 2019

06.20.19 by

Stuart FL 34996 Residential Market Report May 2019

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

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

There are currently 152 active listings (Decreased by 1 home from April).

Stuart FL 34996 Residential Market Report May 2019 

23 Residential sales are pending and awaiting close (Down by 10 homes from April).

Stuart FL 34996 Residential Market Report May 2019

27 Homes Sold in May (Down by 9 homes from April).

Stuart FL 34996 Residential Market Report May 2019

The 34996 zip code area of the Stuart Florida showed weaker activity when compared to the past two months, but remains strong.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for May plunged to 5.6 months as compared to the 4.3 months for last month.  We appear to be heading back towards a balanced 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 May 2018 were: 115 active listings, 41 pending sales, and 20 closed sales.  A greater number of closed sales this year, but considerably weaker pending sales.  All of this with a much larger inventory of available homes for sale this year.

Stuart FL 34996 Residential Market Report May 2019

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

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

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

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

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 May 2019

Stuart FL 34994 Condo Market Report May 2019

06.19.19 by

Stuart FL 34994 Condo Market Report May 2019 

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

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

There are currently 122 active condo listings (Up by 7 condos from April).

Stuart FL 34994 Condo Market Report May 2019

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

Stuart FL 34994 Condo Market Report May 2019

18 Condos Sold in April (Down by 7 condo from April).

Stuart FL 34994 Condo Market Report May 2019

The Stuart FL 34994 Condo market had an unexpected weakening and has entered into a balanced market that favors neither the buyer nor the seller.

The absorption rate for May rose to 6.8 months compared to last month’s 4.6 months.  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 May the numbers were 81 active listings, 68 pending sales, and 34 closed sales.  Much weaker sales activity this year across the board for this condo segment of Stuart FL.

Stuart FL 34994 Condo Market Report May 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 May 2019 

 

Stuart Florida 34994 Residential Market Report May 2019

06.18.19 by

Stuart Florida 34994 Residential Market Report May 2019

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

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

There are currently 77 active listings (Down by 14 home from April)

Stuart Florida 34994 Residential Market Report May 2019

46 Residential sales are pending and awaiting close or lender approval (Increased by 11 homes from last month).

Stuart Florida 34994 Residential Market Report May 2019

20 Homes Sold in May (Increased by 3 homes from April)

Stuart Florida 34994 Residential Market Report May 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed exceptionally strong activity for May and this area of Stuart could benefit from an increased number of homes available for sale.

The one-month absorption rate for the 34994 zip code for April plunged to 3.9 months from 5.4 months for April.  Dropping down into a pretty extreme seller’s market t for the 34994 zip code area of Stuart, FL   A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The May 2018 numbers were 67 Active Listings, 35 pending sales, and 23 closed sales.  Slightly lower closed sales volume this year but a much greater number of pending sales (on higher inventory).  This is a good sign for the near future.

Stuart Florida 34994 Residential Market Report May 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 May 2019

Sewalls Point Single Family Market Report May 2019

06.17.19 by

Sewalls Point Single Family Market Report May 2019

Sewalls Point Real Estate Snapshot, Residential Sales for May 2019

There are currently 53 active listings (Down by 8 homes from last month)

Sewalls Point Single Family Market Report May 2019

10 home sales are pending and awaiting close or lender approval (Down by 7 home from April)

Sewalls Point Single Family Market Report May 2019

13 Homes sold in April (Decreased by 1 home from April)

Sewalls Point Single Family Market Report May 2019

The single-family real estate market in Sewalls Point continues with strong sales activity.  The inventory has now dropped to lower than the desirable number of homes on the market.  This may negatively impact sales numbers in the near future.

The absorption rate dropped to 4.1 months, in April it was 4.4 months.  Remaining in 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 May 2018, the inventory was 51 homes on the market, 12 pending sales and there were 7 closed sales.  Pretty similar results when compared to last year.  Slightly higher closed sales this year while pending sales were a bit better last year.

Sewalls Point Single Family Market Report May 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 May 2019

 

Snug Harbor Stuart June 2019 Market Report

06.16.19 by

Snug Harbor June 2019 Market Report

As of June 2019, there were no active listings in Snug Harbor in Stuart, FL.

There are also no homes currently under contract.

2 homes have sold in Snug Harbor in the past 12 months.  The sales prices were $657,500 and $1,400,000.  This is an average sales price of $1,028,750 which is $581.71 per sq. ft. of living area.  These sales averaged 78% of the last listed price and averaged 101 days on market prior to going under contract.

About Snug Harbor

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

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

Snug Harbor Yacht Club in Stuart FL

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

Snug Harbor Yacht Club in Stuart FL

Snug Harbor is one of the finest communities in Martin County. There are only 72 home sites with a clubhouse, deep water marina, boat ramp, trailer parking and tennis courts. There is an active association with social activities year-round that make this community a very attractive place to call home.

Snug Harbor in Stuart FL

Please feel free to contact Gabe Sanders (772-888-2885), a Snug Harbor resident, if you would like any information about this wonderful community.

Snug Harbor in Stuart FL Snug Harbor in Stuart FL

Search here for:

Snug Harbor Homes for Sale

Snug Harbor June 2019 Market Report

Tennis Villas June 2019 Market Report

06.15.19 by

Tennis Villas June 2019 Market Report

As of June 2019, there are 2 condos for sale in the Tennis Villas of Indian River Plantation on Hutchinson Island in Stuart FL.  These condos are listed for $239,900 and $284,900.  This is an average list price of $262,400 or $284.42 per sq. ft. of living area.

There are is one condo currently under contract.  The list price was $269,000 which is $308.84 per sq. ft. of living area.  This condo was on the market for 33 days before going under contract.

6 Tennis Villas condos have sold in the past 12 months.  The sales prices ranged from $210,000 up to $285,000.  This is an average sales price of $243,167 which works out to $274.91 per sq. ft. of living area. These condos sold for an average of 93% of list price with and were on the market for an average of 85 days prior to going under contract.

Tennis Villas in Indian River Plantation

About Tennis Villas on Hutchinson Island in Indian River Plantation:

Tennis Villas on Hutchinson Island in Indian River Plantation

For those looking to live in a resort setting with the beaches of the Atlantic Ocean close by as well as a full-service Marina, golf course, restaurants, and fitness facilities without paying the premium price of most resorts, then the Tennis Villas in Indian River Plantation might just be the place for you.

Tennis Villas on Hutchinson Island in Indian River Plantation

The Tennis Villas are condos located just off the golf course and surrounded by the Atlantic Ocean to the east and the Indian River (Intracoastal) to the west. There are 92 units built in 1978 and 1979. They are all two bedroom and two bathroom condos with 871 sq. ft. of living area.  The condo association fees are $465.00 per month.  This fee covers Basic Cable TV, Common Areas, Elevator, Exterior Electric, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Lawn Care, Legal/Accounting, Maintenance Exterior, Pest Control, Pool Service, Recreational Facilities, Reserve Funds, Roof Maintenance, Trash Removal, Water and Sewer. The Tennis Villas are pet-friendly and will allow one pet.

Tennis Villas on Hutchinson Island in Indian River Plantation

The Tennis Villas are in an excellent location, just a short walk to the beach and there’s a courtesy tram that is available to take residents and guests around the sprawling facilities of the Marriott resort at Indian River Plantation. Just a short drive to the grocery store, historic downtown Stuart and the many, many amenities that Martin County FL has to offer.

Tennis Villas on Hutchinson Island in Indian River Plantation

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Tennis Villas 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.

Tennis Villas June 2019 Market Report

Vista del Lago June 2019 Market Report

06.13.19 by

Vista del Lago June 2019 Market Report

As of June 2019, there are 8 active listings in Vista del Lago in Stuart FL.  The list prices ranged from $79,900 up to $139,000 for an average list price of $96,708 which equals $104.27 per sq. ft. of living area.

There is 1 condo currently under contract which has not closed yet.  The list price was $118,000 which works out to $116.37 per sq. ft. of living area.  This condo was on the market for 88 days before going under contract.

28 condos have sold in the past 12 months. Sales prices were from a low of $53,250 to a high of $122,000 with the average sales price being $81,179. This equals $95.60 per sq. ft. of living area. The average days on market was 43 and these condos sold on average at 95% of list price.

 Vista del Lago in Stuart FL

About Vista del Lago Condos in Stuart FL:

The Vista del Lago condominium complex consists of over 500 condos located north of the Roosevelt Bridge and west of Federal Hwy (US-1) in North Stuart.  This attractive complex is very conveniently located near shopping, restaurants and a quick drive to either downtown Stuart or Jensen Beach.  Just a few minutes more and you can be on the Ocean in either Stuart or Jensen Beach.

Vista del Lago condos were first built in 1974 and the last one was completed in 1979.   All the buildings are two stories and contain both 2 Bedroom, 2 Bath and 1 Bedroom 1 Bath units.  Sizes range from 1,014 sq. ft. of living space down to 631 sq. ft. 1 bedroom units.  Many of these condos have attractive water views as well as some with golf course views of the Pine Lakes Golf Club.

There’s an active clubhouse with a large swimming pool as well as shuffleboard courts.  No pets are permitted in Vista del Lago and this is an age restricted (55+) community.  The HOA fees range from the low $200’s for a 1 Bedroom unit to just under $300 per month for 2 Bedroom condos.

Search here for:

Vista del Lago 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.

Vista del Lago June 2019 Market Report

Martin County Townhouses and Condos April 2019 Market Report

06.12.19 by

Martin County Townhouses and Condos April 2019 Market Report

Martin County Townhouses and Condos April 2019 Market Report continues with weaker sales activity when compared to last year.  Closed sales for the month were down by 4.8% (were down by 19.9% in March) while new sales under contract (new pending sales) were down by 22.3% from April 2018 (decreased by 1.5% in March).

Prices, though, continue to rise at strong rates.  The median sales price increased by 11.0% (was down by 1.1% in March) while the average sales price increased by 11.1% (was up by 2.3% in March).

The inventory of available townhouses and condos decreased by 5 units to 446 properties as compared to last month.  This is 3.7% greater inventory then we had in April 2018.  Currently, there’s a 4.7 month supply of inventory (compared to 4.4 months for April 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 April 2019 Market Report

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

Ballantrae June 2019 Market Report

06.12.19 by

Ballantrae June 2019 Market Report

For June 2019 there are 11 active listings in the Ballantrae community in the Sandpiper section of Port St Lucie, FL.  List prices range from $229,900 up to $1,399,000.  This is an average list price of $584,236 which equals $205.52per sq. ft. of living area.

There are 4 homes currently under contract which have not closed to date.  List prices were from $209,900 up to $449,900.   These prices average to $317,400 or $145.97 per sq. ft. of living area.  These homes averaged 187 days on market before going under contract.

In the past 12 months, there have been 29 home sales.  Sales prices ranged from a low of $206,000 up to $1,350,000.  This works out to an average sales price of $353,207 which works out to $155.35 per sq. ft. of living area.  These homes were on the market for an average of 74 days prior to going under contract and sold at an average of 94% list price.

About Ballantrae in Port St. Lucie:

Ballantrae Golf and Waterfront Homes

Ballantrae is a gated community of over four hundred homes located in Port Saint Lucie, Florida. We’re on the North Fork of the Saint Lucie River with direct access to the South Fork of the river which leads to Lake Okeechobee and the Gulf of Mexico. In addition, the Indian River Intracoastal Waterway and access to the Atlantic Ocean via the St. Lucie inlet are both within an easy sail down the river.

Ballantrae in Port St. Lucie

There is a newly updated and private Jack Nicklaus Signature golf course, Santa Lucia River Club. This is a par 72 championship course of masterful design that winds through 402 acres of upland preserves, oak hammocks, and stands of mature pines.

Ballantrae in Port St. Lucie

In addition to golf and boating, we offer tennis, swimming, fishing, and a Homeowners Community Clubhouse which is the center of many community activities.

Ballantrae in Port St. Lucie

Search for Ballantrae 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.

Ballantrae June 2019 Market Report