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Stuart FL 34994 Condo Market Report April 2019

Stuart FL 34994 Condo Market Report April 2019 

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

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

There are currently 115 active condo listings (Up by 10 condos from March).

Stuart FL 34994 Condo Market Report April 2019 

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

Stuart FL 34994 Condo Market Report April 2019 

25 Condos Sold in March (Down by 1 condo from March).

Stuart FL 34994 Condo Market Report April 2019 

The Stuart FL 34994 Condo market continues to show very strong activity for the early Spring market.  There are no signs of a slowdown for this segment.

The absorption rate for April rose to 4.6 months compared to last month’s 4.0 months.  Still a seller’s market for this condo segment of Stuart’s 34994 zip code area.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last April the numbers were 97 active listings, 75 pending sales, and 28 closed sales.  Considerably better activity last year when there was also fewer available Stuart condos for sale (inventory).

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

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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 April 2019 

 

Harborage Yacht Club May 2019 Market Report

Harborage Yacht Club May 2019 Market Report

For May 2019 there are 8 active listings in the Harborage Yacht Club with list prices ranging from $195,000 up to $445,000.  This is an average list price of $269,113 which comes out to $198.40 per sq. ft. of living area.

There are 2 condos currently under contract.  List prices were $239,900 and $349,900.  This is an average of $294,900 or $228.39 per sq. ft. of living area.  These condos were on the market for an average of 260 days before going under contract.

In the past 12 months, 14 condos have sold.  Sales prices were from $112,000 up to $300,000.  This works out to an average sales price of $194,586 which equals $152.99 per sq. ft. of living area.  These condos sold on average at 89% of list price and took an average of 257 days before going under contract.

About the Harborage Yacht Club Condos in Stuart Florida:

Harborage Yacht Club Condos in Stuart

Located just north of the charming historical heart of Martin County, Stuart’s downtown and just across the Roosevelt Bridge is one of Stuart’s newest waterfront communities, the Harborage Yacht Club and Marina. Located on the shores of the wide Saint Lucie River and only minutes to access the Atlantic Ocean via the Saint Lucie Inlet and then either great fishing or travel to points beyond.

Harborage Yacht Club Condos in Stuart Harborage Yacht Club Condos in Stuart

The Harborage Yacht Club and Marina consist of a newer condo development with 2 and 3 bedroom luxury residences called cottages, almost all with sweeping water views. Developed by well renowned Altman Development Corporation and constructed from 2004 to 2006.  Completely sold out at its unveiling, many units are currently available at deeply discounted prices.

Harborage Yacht Club Condos in Stuart Harborage Yacht Club Condos in Stuart

The marina consists of 150 deep water docks available for rent for both owners and visitors to the beautiful Treasure Coast. Amenities include a state of the art 3 story yacht club, with the exclusive Harbor Grille restaurant, a completely equipped professional fitness center with sauna and spa, infinity edge pool and spa, and much, much more.

Harborage Yacht Club Condos in Stuart Harborage Yacht Club Condos in Stuart

Yacht club membership is included for all residents and limited memberships are available for non-residents at this time. Recent changes to the HOA fees have had a negative effect on sales in Harborage with the current fees exceeding $1,000 a month.  This includes a great many amenities and for the price of newer waterfront units that November just may be worth it for the right buyer.

Harborage Yacht Club Condos in Stuart Harborage Yacht Club Condos in Stuart

Search for available Condos in the Harborage Yacht Club

 Harborage Yacht Club May 2019 Market Report

Stuart Florida 34994 Residential Market Report April 2019

Stuart Florida 34994 Residential Market Report April 2019

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

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

There are currently 91 active listings (Up by 1 home from March)

Stuart Florida 34994 Residential Market Report April 2019

35 Residential sales are pending and awaiting close or lender approval (Decreased by 3 homes from last month).

Stuart Florida 34994 Residential Market Report April 2019

17 Homes Sold in May (Decreased by 2 homes from March)

Stuart Florida 34994 Residential Market Report April 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed slightly weaker activity than last month but remains quite active..

The one-month absorption rate for the 34994 zip code for March rose to 5.4 months from 4.7 months for March.  Remaining in a 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 April 2018 numbers were 74 Active Listings, 35 pending sales, and 13 closed sales.  Better sales activity this year.  Pending sales are the same as last year.  All with a higher inventory of available homes for sale.

Stuart Florida 34994 Residential Market Report April 2019

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

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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 Florida 34994 Residential Real Estate Market Report April 2019

Villa del Sol May 2019 Market Report

Villa del Sol May 2019 Market Report

For May 2019 there are 4 condos for sale in Villa del Sol on Hutchinson Island in Jensen Beach FL.  The list prices range from $197,000 up to $455,000.  This is an average list price of $350,000 which equals $306.95 per sq. ft. of living area.

There is one condo under contract in Villa del Sol.  It was listed for $399,000 or $286.23 per sq. ft. of living area.  This condo was on the market for 89 days prior to going under contract.

In the past 12 months, only 1 condo has sold.  The sales price was $127,900 which works out to $229.63 per sq. ft. of living area.  This condo sold for 94% of list price and went under contract 353 days after being listed.

About the Villa Del Sol Condos on Hutchinson Island

Villa del Sol condos on Hutchinson Island in Jensen Beach

The Villa del Sol condominium on Hutchinson Island is the first set of condos north of the Jensen Beach Causeway in Saint Lucie County.  This complex was completed between 1970 and 1974 and includes 73 units of condos as well as townhouse style condos from 1 Bedroom, 1 Bath units of 540 sq. ft. of living area under AC up to 2 Bedroom, 2.5 Baths, 2 story units of 1,394 sq. ft.

Villa del Sol condos on Hutchinson Island in Jensen Beach

This is an oceanfront complex with a community pool, private beach access, and manager on site.  1 large pet is permitted and the rental policy allows rentals of 30 days or greater.  As of this writing, the condo fees are $455 per month.

Villa del Sol condos on Hutchinson Island in Jensen Beach

Great location only a short drive to downtown Jensen Beach as well as within walking distance of shops on Hutchinson Island.

Villa del Sol condos on Hutchinson Island in Jensen Beach

Click here for available Villa del Sol Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AdmiralAtlantisClaridgeDune WalkEmpressIsland Club –  Island CrestIsland DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasPrincess –  RegencySand Dollar ShoresSea Winds

Villa del Sol May 2019 Market Report

Sewalls Point Single Family Market Report April 2019

Sewalls Point Single Family Market Report April 2019

Sewalls Point Real Estate Snapshot, Residential Sales for April 2019

There are currently 61 active listings (Down by 11 homes from last month)

Sewalls Point Single Family Market Report April 2019

17 home sales are pending and awaiting close or lender approval (Up by 1 home from March)

Sewalls Point Single Family Market Report April 2019

14 Homes sold in March (Increased by 7 homes from March)

Sewalls Point Single Family Market Report April 2019

The single-family real estate market in Sewalls Point had a strong month with increases in pending and closed sales.  The inventory has also dropped to be more in line with past historical levels.

The absorption rate dropped to 4.4 months, in March it was 10.3 months.  Dipping into a strong seller’s market for Sewalls Point FL for the first time in quite a while.  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 April 2018, the inventory was 50 homes on the market, 12 pending sales and there were 10 closed sales.  Better activity this year for Sewalls point.

Sewalls Point Single Family Market Report April 2019

Currently available Sewalls Point homes for sale

Currently available Sewalls Point vacant land for sale

Sewalls Point 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.

Sewalls Point Single Family Market Report April 2019

 

Legacy Cove Stuart FL May 2019 Market Report

Legacy Cove Stuart FL May 2019 Market Report

There are currently 6 homes available for sale in Legacy Cove in Stuart, FL.  List prices range from $335,000 up to $645,000.  This is an average list price of $461,800 which works out to $178.18 per sq. ft. of liv

ing area.

There are 3 Legacy Cove homes currently under contract awaiting settlement.  List prices range from $404,000 up to $555,000.  For an average list price of $454,667or $178.18 per sq. ft. of living area.  These homes were on the market for an average of 64 days before going under contract.

In the past 12 months, 8 homes have sold in Legacy Cove with sales prices ranging from $335,000 up to $625,000. This is an average sales price of $420,313 which works out to $172.18 per sq. ft. of living area.  These sales averaged 98% of list price and went under contract in an average of 59 days after going on the market.

About Legacy Cove in Stuart FL:

Legacy Cove in Stuart FL

Legacy Cove in Stuart Florida is a gated lakeside community of 229 homes off Cove Road in Stuart, Florida.  Legacy Cove consists of two sections. The first section of 142 homes called the Cove Isle development was mostly completed between 2004 and 2005.  The newer section, called the Cove Lakes development consists of 87 home sites with construction that began in 2007.  Some homes are yet to be completed in Cove lakes.

Legacy Cove in Stuart FL

There’s a wide variety of homes in Legacy Cove, ranging from the smallest, a 3 bedroom, 2 bathroom, 2 car garage with a little under 1,600 square feet of living area to  4, possible 5 bedroom, 3 and a 1/2 bathroom, 3 car garage two story homes with almost 4,000 square feet of living area.  And many sizes in between.

Legacy Cove in Stuart FL

Legacy Cove boasts a community pool and clubhouse with a fitness center as well as two hard-surfaced tennis courts.  Many homes in Legacy Cove in Stuart Florida have serene lake views and a comfortable private feeling.  Located just minutes from I-95, this is a great location for those wishing to take advantage of Martin County’s amenities while still having an easy commute to work either north or south.

Legacy Cove in Stuart FL

Legacy Cove is in an ‘A’ Martin County school system with children currently attending Pinewood elementary school, Dr. David L Anderson middle school, and Martin County high school.

Legacy Cove in Stuart FL

The HOA fees are very reasonable at $688.00 per quarter.  Management of the community is through Bristol Management of Stuart.

Legacy Cove in Stuart FL

Residents of Legacy Cove in Stuart FL enjoy a relaxing lifestyle with easy access to restaurants, shopping and the many waterways, beaches and public parks that Martin County has to offer.

Search here for Legacy Cove Homes for Sale

Legacy Cove in Stuart FL

For any questions you November have about Legacy Cove Stuart FL, 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

Legacy Cove Stuart FL May 2019 Market Report

 

Martin County Townhouses and Condos March 2019 Market Report

Martin County Townhouses and Condos March 2019 Market Report

Martin County Townhouses and Condos March 2019 Market Report resulted in considerably weaker sales activity when compared to last year but better than last month.  Closed sales for the month were down by 19.9% (were down by 27.8% in February) while new sales under contract (new pending sales) were down by 1.5% from March 2018 (decreased by 24.6% in February).

Prices were mixed for the month.  The median sales price decreased by 1.1% (was up by 14.3% in February) while the average sales price increased by 2.3% (was up by 18.4% in February).

The inventory of available townhouses and condos decreased by 4 units to 451 properties as compared to last month.  This is 1.1% greater inventory then the March 2018 data.  Currently, there’s a 4.7 month supply of inventory (compared to 4.5 months for March 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 March 2019 Market Report

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

Island Dunes Condos on Hutchinson Island May 2019 Market Report

 Island Dunes Condos on Hutchinson Island May 2019 Market Report

May 2019 Market Report for Island Dunes Condos on Hutchinson Island in Jensen Beach, FL

There are currently 6 active listings on the market in Island Dunes at prices ranging from $499,000 up to $775,000.  This is an average list price of $655,567 which equals $327.39 per square ft. of living area.

There are 8 condos under contract awaiting closing at this time.  List prices ranged from $349,900 up to $715,000. This equals an average list price of $551,088 which works out to $322.34 per square ft. of living area.  These condos were on the market for an average of 110 days prior to going under contract.

In the past 12 months, 25 condos have sold ranging in sales prices from $170,000 up to $715,000.  This works out to an average sales price of $415,100 or $266.51 per square foot of living area.  These sales averaged 95% of the final list price and averaged 132 days on the market before going under contract.

About the Island Dunes Condos on Hutchinson Island:

Island Dunes Country Club Condos in Jensen Beach

Located on the unspoiled Barrier Island of Hutchinson Island in Jensen Beach, Florida in Saint Lucie County is a complex of five separate condominium buildings with a common thread.  All of these units belong to the Island Dunes Country Club.  This unique arrangement offers golf, tennis and a deep water marina, just steps from your condo without having to travel to the mainland. The five buildings from North to South are the Island Dunes Oceanside I & II, the Admiral, the Regency Island Dunes and the Regency Island Dunes Two.  All of these buildings are Oceanside affording easy access to the crystal clear blue waters of the Atlantic Ocean.  There’s a wide variety of condos available ranging from 1 Bedroom to spectacular 3 Bedroom Penthouse suites.

Island Dunes Country Club Condos in Jensen Beach

The Island Dunes Country Club offers a challenging nine-hole golf course on the banks of the wide Indian River,  championship tennis club, a pro shop, a deep-water marina and one of the fine dining in the onsite restaurant area which is open to the public.

 Island Dunes

 Search for all Island Dunes Condos on Hutchinson Island in Stuart Florida

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Island Dunes Condos on Hutchinson Island May 2019 Market Report

Martin County Single Family Homes March 2019 Market Report

Martin County Single Family Homes March 2019 Market Report

The Martin County Single Family Homes March 2019 Market Report continued with weaker sales activity when compared to last year.  Closed sales were down by 13.4% (were down by 0.6% in February).  While new pending sales decreased by 2.3% as compared to March 2018 (Decreased by 6.0% in February).

Prices were mixed for March.  The median sales price was up by 0.9% from last year (down by 7.9% in February) while the average sales price decreased by 0.4% (was up by 2.0% last month).

The inventory of available single-family homes decreased from last month by 72 homes to 1106 units for March,  this is 6.1% greater than last March.  The current supply of homes is 5.7 months, for March of last year, it was 5.1 months supply.  We’re still in a seller’s market for Martin County single-family home sales, but only barely.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes March 2019 Market Report

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

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Single Family Homes March 2019 Market Report

River Pines Townhouses May 2019 Market Report

River Pines Townhouses May 2019 Market Report

For May 2019, there are 3 active listings of River Pines townhouses for sale in Stuart, FL.  Prices range from a low of $167,900 up to 185,000.  This is an average list price of $173,967 or $135.07 per sq. ft. of living area.

There are 4 River Pines townhouses under contract and awaiting sale.  The list prices ranged from $164,900 up to $175,000.  This is an average list price of $170,950 which is $132.73 per sq. ft. of living area.  These homes were on the market for an average of 20 days prior to going under contract.

In the past 12 months, 23 townhouses have sold in River Pines with sales prices ranging from $120,500 up to $195,000.  This works out to an average sales price of $162,374 which equals $126.07 per sq. ft. of living area.  These townhomes were on the market for an average of 40 days prior to going under contract and sold for an average of 97% of list price.

About River Pines in Stuart FL:River Pines Townhomes

Located just off the Intracoastal Waterway off of Cove Road in Stuart is the River Pines community. 396 private residences in quad style town-homes.   This community was built in 1981 and 1982 and all homes are 1288 sq. ft. of living area with 2 bedrooms and 2 and ½ baths. There are large private courtyards for each home, some of which the residents have enclosed for added living area.

River Pines in Stuart FL

Only a short walk or bike ride to the Saint Lucie River with access for kayak launch. Boat ramps also nearby. All ages are welcome and 2 small pets are permitted. Each home has 2 reserved parking spots with additional guest parking. Amenities include 2 Community pools, tennis courts and racquetball/handball courts. There’s also a private preserve adjacent to the Intracoastal available exclusively for residents use.

River Pines in Stuart FL

A very well run community with excellent financials. Residents have the option of joining the Miles Grant golf club (just across the street).

River Pines in Stuart FL

As of May 2019, HOA fees were $167 per month.

River Pines in Stuart FL

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River Pines Townhouses May 2019 Market Report

Ocean Bay Villas May 2019 Market Report

Ocean Bay Villas May 2019 Market Report

For May 2019 there are 3 Ocean Bay Villas townhomes available for sale in this Hutchinson Island FL community.  List prices range from $414,000 up to $439,000.  This is an average list price of $426,000 or $184.99 per sq. ft. of living area.

There is 1 townhome currently under contract.  The list price was $458,900 which is $207.46 per sq. ft. of living area.  This property was on the market for 16 days prior to going under contract.

There have been 9 closed sales in the past 12 months.  Sales prices ranged from $348,642 up to $480,000 which averages to $417,316 and is equal to $170.84 per sq. ft. of living area.  These homes sold for an average of 97% of list price and also averaged 123 days on market before going under contract.

About the Ocean Bay Villas on Hutchinson Island in Jensen Beach:

Ocean Bay Villas on Hutchinson Island in Jensen Beach

Ocean Bay Villas on Hutchinson Island is an exclusive private enclave with only 78 owners located beautiful and unspoiled Hutchinson Island in Saint Lucie County on Florida’s Treasure Coast.  All villas in Ocean Bay feature three story luxury townhome style residences with elevators and modern updated interiors.

Ocean Bay Villas on Hutchinson Island in Jensen Beach Ocean Bay Villas on Hutchinson Island in Jensen Beach

There are three different home plans; The Azalea with 3 Bedrooms, 3 & 1/2 Baths and Den in 2171 sq. ft. of living area. The Beachberry which has 3 Bedrooms, 3 Baths, Den and Office in 2,327 sq. ft. of living area.  And, the Cocoplum with 3 Bedrooms, 3 & 1/2 Baths and Den in 2,579 sq. ft. of living area

Ocean Bay Villas on Hutchinson Island in Jensen Beach Ocean Bay Villas on Hutchinson Island in Jensen Beach

All models have two car garages, 9 and 10 foot ceilings. This gated Ocean Side community features an entertainment clubhouse, fitness center, community pool, and spa.  A true resort style lifestyle that can be yours every day.

Ocean Bay Villas on Hutchinson Island in Jensen Beach

Search for all Available Ocean Bay Villas on Hutchinson Island in Stuart Florida
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Hutchinson Island Florida Real Estate is presented by:
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Ocean Bay Villas May 2019 Market Report

Ocean Dunes Condos on Hutchinson Island May 2019 Market Report

Ocean Dunes Condos on Hutchinson Island May 2019 Market Report

As of May 2019, there were 2 condos for sale in Ocean Dunes on Hutchinson Island in Jensen Beach FL.  The list prices are $475,000 and $949,000.  This is an average list price of $712,000 or $372.63 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 3 condos have sold.  Sales prices ranged from $270,000 up to $500,000.  This equals an average sales price of $356,667 which works out to $283.13 per sq. ft. of living area.  These condos were on the market for an average of 305 days before going under contract and sold for an average of 95% of the last list price.

About Ocean Dunes Condos in Jensen Beach FL:

Ocean Dunes Condos in Jensen Beach FL

Just north of the Jensen Beach Causeway is the very exclusive Ocean Dunes Condo Building.  This 8 story elevator building was built in 1982 and contains only 28 units.  No more than 4 condos per floor with the penthouse having two spacious double sized units of 2,502 sq. ft. under AC each.  The remaining condos are all 2 bedroom, 2 bath with the corner units having 1,298 sq. ft. of living area and the interior ones having 1,228.

Ocean Dunes Condos in Jensen Beach FL

There is ample parking as well as beach access, private pool and a tennis court.  One small pet is allowed as well as rentals are permitted with some restrictions.  The current condo fees are $530 per month as of December 2016.

Ocean Dunes Condos in Jensen Beach FL

There is shopping located across the street and it’s only a short drive to downtown Jensen Beach.

 Ocean Dunes Condo in Jensen Beach

Click here to search for available Ocean Dunes Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AdmiralAtlantisClaridgeDune WalkEmpressIsland Club –  Island CrestIsland DunesIslandiaMiramarMiramar RoyaleOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasPrincess –  RegencySand Dollar ShoresSea WindsVilla del Sol

Ocean Dunes Condos on Hutchinson Island May 2019 Market Report

Florida Townhouses and Condos March 2019 Market Report

Florida Townhouses and Condos March 2019 Market Report

The Florida Townhouses and Condos Market Report for March 2019 had weaker sales activity when compared to last March.  Closed sales were down by 6.1% as compared to last month’s decrease of 5.7% and new sales under contract (new pending sales) increased by 1.0% (In February there was a 3.1% decrease).  These decreases are considerably less severe than last month.

Prices, however, continue to rise for March though at a much more reasonable pace than most of last year.  Median sales prices were up by 3.6% (was up by 4.7% in February), while the average sales price increased by 6.3% (was up 3.7% in February).

The inventory of active listings increased by 6.6% from March of last year.  We now have 6.3 months of inventory as compared to 6.0 months for March 2018.  Remaining in a balanced market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos March 2019 Market Report

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

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Townhouses and Condos March 2019 Market Report

Florida Single Family Homes March 2019 Market Report

Florida Single Family Homes March 2019 Market Report

The Florida Single Family Homes Market Report for February 2019 showed little change in sales volume when compared to last year.  The closed sales were unchanged (were up by 1.9% in February) and new sales under contract (new pending sales) were up by 2.6% (were unchanged in February).

Prices were mixed for March.  The median sales price rose by 2.0% (it was up by 1.3% in February) and the average sales prices dropped by 1.4% (it was down by 0.4% last month).

The inventory of available homes for sale increased by 9.6% from last year.  This is a 4.2 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (March 2017 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 March 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes March 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.

March 2019 Florida Single Family Homes Market Report

Joes Point April 2019 Real Estate Market Report

Joes Point April 2019 Real Estate Market Report

As of April 2019, there are 3 homes for sale in Joes Point on Hutchinson Island.  These homes are listed from $712,000 up to $1,839,000.  This works out to an average of $1,233,667 or $347.91 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, only one Joes Point home has sold.  The sales price was $1,035,000 which works out to $350.37 per sq. ft. of living area.  This home went under contract 239 days after being listed and sold for 99% of the list price.

About Joes Point on Hutchinson Island:

Joes Point on Hutchinson IslandOne of the most unusual properties on Stuart’s Hutchinson Island is Joes Point.  Located on a private peninsula which juts to the north-west into the mile-wide Indian River (Intracoastal Water Way). Originally developed by Lloyd Dutcher in the early 1980’s this is a premier waterfront subdivision enjoying the many wonderful amenities of Hutchinson Island in Martin County.  Only minutes to the Saint Lucie inlet and the sparkling Atlantic Ocean by boat, with easy access to the Bahamas or through the Okeechobee waterway through the heart of Florida to the Gulf of Mexico by boat.  This is a true boaters paradise.  Abundant fishing is just off the dock or go just a few minutes further for some deep sea fishing and adventure.

Joes Point on Hutchinson Island Joes Point on Hutchinson Island

Joes Point has 56 home sites (3 are vacant lots at this writing) of which most are waterfront with private docks and sweeping water views of the Intracoastal Waterway (Indian River). There are 8 non-waterfront homes, though they have docks in the community marina which is just a short walk from these homes.  There is also a community RV/Boat storage area as well as a tennis court.  HOA fees as of April 2019 were under $300 per month and include central water and sewer service.

Joes Point on Hutchinson Island Joes Point on Hutchinson Island

Pets are welcome as well as having the ability to rent these homes.  This is a gated community offering a high level of privacy on the shores of the Indian River.  Beach access is across A-1-A in a private and HOA owned beach area.

Joes Point on Hutchinson Island

Search here for any available Joes Point Homes for Sale

Joes Point April 2019 Real Estate Market Report

Admiral Condos April 2019 Market Report

Admiral Condos April 2019 Market Report

As of April 2019, there are 3 condos for sale in the Admiral on Hutchinson Island in Jensen Beach FL.  List prices range from $439,900 up to $499,900.  This is an average list price of $473,233 or $319.42 per sq. ft. of living area.

There is one condo under contract.  It was listed for $625,000 which is $325.18 per sq. ft. of living area.  This condo was on the market for only 11 days prior to going under contract.

In the past 12 months, only 1 condo has sold in the Admiral.  The sales price was $375,000 which equals $272.33 per sq. ft. of living area.  This condo went under contract 14 days after being listed and sold for 94% of list price.

About the Admiral Condominium on Hutchinson Island at Island Dunes:

Admiral Condominium on Hutchinson Island at Island Dunes

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

Admiral Condominium on Hutchinson Island at Island Dunes

Condos in the Admiral range from 3 bedroom, 3 bathroom units with a spacious 1,922 sq. ft. of living area (under air) down to 2 bedroom, 2 bathroom condos with 1,377 sq. ft.  The current condo association fees are $800 a month for a 2 bedroom condo.  These fees include the many amenities for this building and the Island Dunes Country Club including both Golf and Tennis memberships as well as potential access to deep water ocean access docks.

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

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

Admiral Condominium on Hutchinson Island at Island Dunes

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

Admiral Condominium on Hutchinson Island at Island Dunes

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

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

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AtlantisClaridgeDune WalkEmpressIsland Club –  Island CrestIsland DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasPrincess –  RegencySand Dollar ShoresSea WindsVilla del Sol

Admiral Condos April 2019 Market Report

The Princess of Hutchinson Island April 2019 Market Report

The Princess of Hutchinson Island April 2019 Market Report

As of April 2019, there are 6 condos for sale in the Princess of Hutchinson Island.  The list prices range from $279,000 up to $434,900.  This is an average list price of $353,617 or $245.88 per sq. ft. of living area.

There is one condo under contract.  The list price was $349,000 which equals $270.54 per sq. ft. of living area.  This condo was on the market for 20 days prior to going under contract.

In the past 12 months, 16 condos have sold in this oceanfront building.  Sales prices ranged from $270,000 up to $465,000.  This is an average sales price of $345,688 which works out to an average of $242.01 per sq. ft. of living area.  These condos were on the market for an average of 98 days before going under contract and sold for an average of 94% of the last list price.

About the Princess of Hutchinson Island Condos:

the Princess of Hutchinson Island Condos

The Princess of Hutchinson Island is one of the more elegant high rise condominiums on Hutchinson Island in Jensen Beach.  Located just North and East of Nettles Island and just 2 miles North of the Jensen Beach Causeway this 20 story condominium has both 3 bedroom, 2 bathroom condos, and 2 bedroom, 2 bathroom condos with varying floor plans from 1,209 sq. ft. to spacious 1,716 sq. ft. units.

The Princess of Hutchinson Island The Princess of Hutchinson Island

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

the Princess of Hutchinson Island Condos

The maintenance fee (which includes the use of all facilities as well as exterior maintenance and insurance) varies from just under $500 a month to $700 a month depending on the size of the condo.  The Princess of Hutchinson Island is one of the premier locations on the Island and is a much sought after building.

The Princess of Hutchinson Island

Search here for all available Princess of Hutchinson Island Condos for Sale

the Princess of Hutchinson Island Condos

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AdmiralAtlantisClaridgeDune WalkEmpressIsland Club –  Island CrestIsland DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasRegencySand Dollar ShoresSea WindsVilla del Sol

The Princess of Hutchinson Island April 2019 Market Report

Atlantis Condos on Hutchinson Island April 2019 Market Report

Atlantis Condos on Hutchinson Island April 2019 Market Report

There are currently 7 condos on the market in the three Atlantis condo buildings on Hutchinson Island in Jensen Beach FL.  List prices range from $199,000 up to $364,999. This is an average list price of $277,386 which equates to $253.29 per sq. ft. of living area.

There are 2 Atlantis condos that are under contract and haven’t sold to date (pending sales).  List prices were $239,900 and $309,500.  This works out to an average list price of $274,700 which equals $246.81 per sq. ft. of living area.  These condos were on the market for an average of 20 days before going under contract.

In the past 12 months, 15 condos have sold in Atlantis.  Sales prices ranged from a low of $155,000 up to $345,000.  Making for an average sales price of $258,667 or $228.43 per sq. ft. of living area.  These condos sold in an average of 122 days and at an average of 95% of list price.

About Atlantis Condos:

Atlantis Condos on Hutchinson Island in Jensen Beach FL

Atlantis Condos on Hutchinson Island in Jensen Beach FL (Saint Lucie County) consists of three buildings.  Atlantis ‘A’, Atlantis ‘B’ and Atlantis ‘III’.   Buildings A and B were constructed in 1978 and consist of 68 2 bedroom 2 bathroom condos with 1,053 sq. ft. of living space on 7 stories.  End units are slightly bigger with wrap around balconies and 1113 sq. ft. of living space.  Building III was built in 1982, also with the same number of condos but is slightly larger with 1,151 sq. ft. interior units and 1,258 sq. ft. on the ends.

Atlantis Condos on Hutchinson Island in Jensen BeachCondo association fees at the time of this post were in the low $300’s per month for Buildings A & B and the low $400’s for Atlantis III.  These three buildings have two pools in between them as well as direct ocean access from the rear of all buildings.  Those on floors 3 to 7 enjoy excellent ocean and beach views, while the lower floors have partially blocked views because of the sand dunes. There is ample outdoor parking for all residents as well as two tennis courts and a vehicle wash area.

Atlantis Condos on Hutchinson Island in Jensen Beach FL

The Atlantis condos are conveniently located just 1 and ½ miles north of the Jensen Beach Causeway and within an easy drive of shopping, restaurants and all the amenities offered on Florida’s Treasure Coast.

Atlantis Condos on Hutchinson Island in Jensen BeachAtlantis Condos on Hutchinson Island in Jensen Beach

Give the Gabe Sanders BlueWater realty team a call or email if you would like more information or wish to see the Atlantis complex in Jensen Beach FL.

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

or search for all homes here

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Search for Atlantis Condos on Hutchinson Island for Sale

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

Atlantis Condos on Hutchinson Island April 2019 Market Report

Orchid Bay Palm City FL April 2019 Market Report

Orchid Bay Palm City FL April 2019 Market Report

There are currently 6 homes listed for sale in Orchid Bay.  List prices range from $455,000 up to $799,000 for an average list price of $543,800 which is $181.57 per sq. ft. of living area.

There are 2 homes currently under contract in Orchid Bay.  List prices were $529,999 and $629,000.  This works out to an average list price of $579,500 or $198.60 per sq. ft. of living area.  These homes were on the market for an average of 96 days prior to going under contract.

In the past 12 months, 7 homes have sold in Orchid Bay.  Sales prices ranged from $435,000 up to $540,000 for an average sales price $499,571 which works out to $200.60 per sq. ft. of living area.  These homes averaged 122 days on the market before going under contract and sold for an average of 95% of list price.

About Orchid Bay in Palm City:

Orchid Bay in Palm City Florida

One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City Veteran’s Memorial Bridge off of Mapp Road.  This gated community of 153 home-sites (including only two vacant lots at this time) enjoys spacious private lots of at least a ½ acre with a few properties residing on over 1-acre sites.  This planned community was developed by the Tartan land Company in the early 1990s and all homes are individually constructed by the lot owner’s builder of choice.  Consequently, this is not a “cookie cutter” community by any means.

Orchid Bay in Palm City Florida

Homes range in size from over 5,000 sq. ft. of living area to just over 2,000.  From as many as 8 bedrooms down to 3 bedroom homes.  Both one and two-story residences. Homes were built from 1992 through 2007.  Amenities include tennis courts, a picnic and playground area as well as a public gazebo.  Numerous lakes and ponds are on this property with many homes enjoying serene water views.  Orchid Bay has its own community propane tank so all residents have the option of hooking in for propane utilities if desired.

Orchid Bay Pool with Lake View

HOA fees at the time of this writing (April 2019) are $187.00 per month (payable quarterly).   These fees include maintenance of the roads, trash pickup, common areas as well as basic cable TV service.

Orchid Bay Playground

Children of Orchid bay attend wonderful schools:  Palm City Elementary, Hidden Oaks Middle and Martin County High.

Orchid Bay Entrance 2

Search here for all available Orchid Bay Homes for Sale

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

Palm City Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Orchid Bay Palm City FL April 2019 Market Report

Hidden River in Palm City FL April 2019 Market Report

Hidden River in Palm City FL April 2019 Market Report

There is 1 active listing in Hidden River in Palm City for April 2019.  The list price is $785,000 or $298.37 per sq. ft. of living area.

There are no homes under contract at this time in the Hidden River community

In the past 12 months, only 1 home has sold in Hidden River.  The sales price was $595,000 which is $238.00 per sq. ft. of living area.  These sales price was 92% of list price and went under contract 145 days after being listed.

About Hidden River in Palm City FL

Hidden River in Palm City FL April 2019 Market Report

This is a waterfront community in Palm City FL located on either Bessey Creek or Hidden River with ocean access through the North Fork of the Saint Lucie River.  Most homes in this community have excellent water depth and homes can handle some fairly good sized boats.

Hidden River in Palm City FL April 2019 Market Report

This is a non-deed restricted community with no HOA fees.  The earliest homes were built beginning in 1970 and the last one was completed in 2015.   Homes range from modest 2 bedroom, 2 bathroom cottages with just under 1,400 sq. ft. of living area on about a quarter of an acre up to 4 bedroom, 3 bathroom homes with close to 4,000 square ft of living area on one half acre lots.

Hidden River in Palm City FL April 2019 Market Report

Very private location, yet only minutes to Florida’s Turnpike as well as numerous shopping and restaurant choices in Palm City.

Hidden River in Palm City FL April 2019 Market Report

Children attend Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Search here for any Hidden River homes for sale

Hidden River in Palm City FL April 2019 Market Report