Search Results for: st lucie county market report

St Lucie County Single Family Homes October 2016 Market Detail

St Lucie County Single Family Homes Market Detail for October 2016 continues to have reduced sales activity from last year. Closed sales were down by 24.5% (in September they were down by 6.6%) and new sales under contract (new pending sales) decreased by 8.9% (they were down by 11.5% last month).

Prices, however, continue their upward march at strong rates. The median and average sales prices up by 12.0% and 13.4% respectively from last October (For September these numbers were up 10.0% and 10.6%). While these are very good results for sellers, they make me a little nervous as rates of increase this high may result in lower affordability of homes and subsequently less sales in the future.

Active listings increased by 14 homes to 1,685 homes. This inventory is 8.2% higher than last year. The current supply of homes is at 3.8 months (3.4 months for October of 2015) This is 11.8% greater than last year. The St Lucie County single family home market remains in a very strong sellers market. A balanced market is one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
St Lucie County Single Family Homes October 2016 Market Detail

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.

St Lucie County Single Family Homes October 2016 Market Detail

Martin County Townhouses and Condos October 2016 Market Detail

11.30.16 by Gabe Sanders

Martin County Townhouses and Condos October 2016 Market Detail

Martin County Townhouses and Condos Market Detail for October 2016 showed a dramatic drop in sales. Closed sales were down for the month by 46.9% (was down by 3.2% in September) while new sales under contract (new pending sales) were down by 23.7% from October 2015 (decreased by 16.8% in September).

Prices were also down for October as the median sales price decreased by 1.7% (was up by 6.5% in September) while the average sales price decreased by 14.7% (was down by 4.0% in September) as compared to October of 2015. Not totally unexpected with the rapid rise of prices for the past three years as there may be a small correction taking place. Though this market is till active.

The inventory of available townhouses and condos increased by 41 units to 405 properties as compared to last month. This is 17.7% greater than the October 2015 inventory. Currently, there’s a 4.3 month supply of inventory (a 30.3% increase from last year). Still a sellers 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.

Click here to view or download the full report:
Martin County Townhouses and Condos October 2016 Market Detail

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 October 2016 Market Detail

Harborage Yacht Club November 2016 Market Report

11.30.16 by Gabe Sanders

Harborage Yacht Club November 2016 Market Report

For November 2016 there are 14 active listings in the Harborage Yacht Club with list prices ranging from $139,900 up to $289,900 for an average list price of $185,972 which comes out to $157.30 per sq. ft. of living area.

There are 3 condos under contract. The list prices of these pending condos range from $99,900 to $299,900 for an average list price of $229,900 which equals $168.45 per sq. ft. of living area. These condos were on the market for an average of 183 days before going under contract.

In the past 12 months, 6 condos have sold. Sales prices were from $130,000 up to $275,000 for an average sales price of $172,083 which equals $143.10 per sq. ft. of living area. These condos sold on average at 89% of list price and took an average of 121 days before going under contract.

About the Harborage Yacht Club Condos in Stuart Florida

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.

The Harborage Yacht Club and Marina consists 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 it’s unveiling, many units are currently available at deeply discounted prices.

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.

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 it November just be worth it for the right buyer.

Search for available Condos in the Harborage Yacht Club

Martin County Single Family Homes October 2016 Market Detail

11.29.16 by Gabe Sanders

Martin County Single Family Homes October 2016 Market Detail

The Martin County Single Family Homes Market Detail for October 2016 continues to show reduced sales volume when compared to last years figures, yet don’t mistake this as a weak market, as it remains quite robust. Closed sales were down by 10.7% (was down by 9.2% in September). New pending sales decreased by 0.6% as compared to October of 2015 (Decreased by 1.6% in September).

For October there were mixed signals about prices with the median sales price rising by 0.9% from last year (up by 12.4% in September) while the average price decreased by 12.1% (was down by 8.1% last month). Typically this is a result of higher prices in the lower valued range of home sales and fewer sales in the luxury market.

The inventory of available single family homes increased from last month by 19 homes to 1004 units for October, this is 3.9% greater than last October. Current supply of homes is 5.1 months, for October of last year it was a 4.6 months supply. (This is a 10.9% increase from last year). Still a sellers market for Martin County single family home sales. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
Martin County Single Family Homes October 2016 Market Detail

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 October 2016 Market Detail

November 2016 Market Report for Ocean Bay Villas on Hutchinson Island

11.29.16 by Gabe Sanders

November 2016 Market Report for Ocean Bay Villas on Hutchinson Island

As of November 2016 there are 4 available townhomes in the Ocean Bay Villas community on Hutchinson Island, FL. List prices are from $349,000 up to $$450,000, for an average list price of $408,438 or $170.72 per sq. ft. of living area.

There is 1 townhome under contract. This home was listed for $429,000 or $197.60 per sq. ft. of living area and was on the market for 881 days prior to going under contract.

There have been 5 closed sales in the past 12 months. Sales prices ranged from $367,000 to $445,000 which averages to $396,500 and is equal to $152.91 per sq. ft. of living area. These homes sold for an average of 95% of list price and averaged 77 days on market before going under contract.

Ocean Bay Villas on Hutchinson Island is an exclusive private enclave for 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 town home style residences with elevators and modern updated interiors.

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 with 3 Bedrooms, 3 & 1/2 Baths and Den in 2,579 sq. ft. of living area

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 everyday.

Search for all Available Ocean Bay Villas on Hutchinson Island in Stuart Florida

View all of our listings

Hutchinson Island Florida Real Estate is presented by:
the Gabe Sanders real estate team

November 2016 Market Report for Ocean Bay Villas on Hutchinson Island

Florida Townhouses and Condos October 2016 Market Detail

11.28.16 by Gabe Sanders

Florida Townhouses and Condos October 2016 Market Detail

The Florida Townhouses and Condos Market Detail for October 2016 showed continued weakness as compared to last year for sales. Closed sales were down by 12.3% as compared to last months decrease of 3.9% and new sales under contract (new pending sales) decreased by 14.5% (In September there was a 5% decrease).

Values, however, continued to increase though at a more moderate pace. Median sales prices were up by 8.1% (was up by 6.7% in September), while the average sales price increased by 0.5% (was down 2.9% in September). As sales activity decreases and if inventory continues to increase, I expect these prices to continue to moderate.

The inventory increased by 8.2% from October of last year. For September 2016 we have 5.9 months of inventory (was 5.8 months in September) and compared to 5.3 for October 2015. We are approaching 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.

Click on the link below or the graphic to see the full market detail report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos October 2016 Market Detail

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 October 2016 Market Detail

Florida Single Family Homes October 2016 Market Detail

11.26.16 by Gabe Sanders

Florida Single Family Homes October 2016 Market Detail

The Florida Single Family Homes Market Detail for October 2016 showed weaker sales activity from last year. Closed sales were down by 5.3% (was down by 0.5% in September) and new sales under contract (new pending sales) were down by 7.1% (was down by 4.8% in September).

Both the median and average sales prices, though, continue to rise from October 2015 to October 2016. Up by 11.7% and 6.4% respectively, compared to September’s 11.3% and 6.8%. I continue to predict the rate of price increases to moderate in the near future if sales continue to slow and this should also result in a rise of inventory.

The inventory of available homes for sale fell by 3.2% from last year. For October there was only a 4.2 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (October of 2015 had a 4.3 month supply) A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:

Florida Single Family Homes October 2016 Market Detail

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 Single Family Homes October 2016 Market Detail

Islandia Condos November 2016 Market Report

11.23.16 by Gabe Sanders

Islandia Condos November 2016 Market Report

In late November 2016 there were 11 condos for sale in Islandia. List prices range from $274,900 up to $480,000 for an average list price of $375,782 or $284.52 per sq. ft. of living area.

There are 7 condos currently under contract in Islandia. Listing prices were from $275,500 to $399,900 for an average list price of $339,014 which is $255.16 per sq. ft. of living area. These condos averaged 91 days on market before going under contract.

In the past 12 months, 30 Islandia condos have sold. Sales prices ranged from $205,000 up to $550,000 for an average sales price of $337,457 which is equal to $246.34 per sq. ft. These units sold for an average of 96% of list price and averaged 84 days on market prior to going under contract.

The Islandia Condos of Jensen Beach

The Islandia Condos of Jensen Beach on Hutchinson Island consist of two 20 story buildings that were built in 1982. There are 388 total residences in these two buildings which are called Islandia I and II. Very conveniently located to the north of the Jensen Beach Causeway, and is just a short drive away from downtown Jensen Beach, shopping and restaurants.

Condos in Islandia come in large 3 bedroom, 3 bathroom units with 1,929 sq. ft. of living area plus balconies and 3 bedroom, 2 bathroom units with 1,544 sq. ft. as well as 2 bedroom, 2 bath condos with either 1,437 or 1,228 sq. ft. Islandia residents enjoy wonderful amenities that include 2 Oceanside pools, private beach access, BBQ grilling area, Jacuzzi, tennis and bocce courts, and overflow parking with trailer and RV parking spaces. Interior facilities include a large social area with bar and kitchen, billiards, fitness center and steam sauna. There is an office with on-site management and 24 guard gated security.

Islandia I does not allow pets, while those in Islandia II are allowed one pet under 30 lbs. Both buildings allow rentals with restrictions. The condo association fees at the time this is being written are from $1,420 to $1,950 per quarter.

Those looking for a friendly beach community on Hutchinson Island in Jensen Beach should take a look at the Islandia Condo offerings.

Click here for currently available Islandia Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club – Island Crest – Island Dunes – 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

Island Club Condos November 2016 Market Report

11.20.16 by Gabe Sanders

Island Club Condos November 2016 Market Report

In late November 2016 there were 3 condos for sale in the Island Club on Hutchinson Island which is also sometimes called the Hutchinson Island Club. These 3 condos are listed from $275,000 up to $399,900 for an average list price of $326,600 or $224.93 per sq. ft. of living area.

There is one condo currently under contract which has not sold to date. The list price was $279,900 or $192.77 per sq. ft. of living area. This condo was on the market for 38 days before going under contract.

In the past 12 months, 4 condos have sold. Sales prices ranged from $260,000 up to $375,000 for an average sales price of $322,500 which is equal to $222.11 per sq. ft. These units sold for an average of 94% of list price and averaged 95 days on market prior to going under contract.

The Island Club Condos in Jensen Beach

The Island Club Condos of Jensen Beach are also known as the Hutchinson Island Club. This one of a kind condo building was built in 1977 just to the south of the Waveland Public beach on Saint Lucie County to the north of the Jensen Beach Causeway. There are 92 residences in this 11 story building.

The Island Club is unique because it features spectacular ocean views from floor to ceiling windows in all units. All of these condos are also considerably larger than your average oceanfront offering with a number of 2 story 3 bedroom plus den, 3 bathroom condos of 2,524 sq. ft. not including the balconies as well as roomy 2 bedroom, 2 bath condos with 1,452 sq. ft. of living area. Some units have a detached one car garage. Though there is reserved parking and ample guest parking for all.

Amenities in the Island Club are a heated a pool, Jacuzzi, fitness room, kitchen, social area, billiard room, library, bar, BBQ grills, gazebo, sauna and shuffleboard courts. All of this for just over $600 a month condo fees plus some for larger units and those that come with a one car garage.

Sorry, no pets are permitted in the Island Club, but rentals are allowed with some restrictions.

If you’re in the market for unparalleled views from a spacious home on the ocean, the Hutchinson Island Club may be the perfect spot for you.

Click here for currently available Island Club Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – 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

November 2016 Market Report for Legacy Cove in Stuart Florida

11.14.16 by Gabe Sanders

November 2016 Market Report for Legacy Cove in Stuart Florida

There are currently 6 homes for sale in Legacy Cove in Stuart, FL. Listing prices range from $309,900 to $459,000 for an average listing price of $384,450 or a price per square foot of living area of $162.96.

There are three homes under contract. List prices are $289,000 up to $407,900 for an average list price of $338,267 which equals $175.42 per sq. ft. of living area. These three homes were on the market for an average of 63 days before going under contract.

In the past 12 months, 10 homes have sold in Legacy Cove with sales prices ranging from $329,000 up to $486,900 for an average sales price of $368,344 or $159.12 per sq. ft. of living area. These sales averaged 97% of list price and went under contract in an average of 51 days after going on the market.

Legacy Cove in Stuart Florida is a gated lakeside community of 229 homes off of 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.

There’s a wide variety of homes in Legacy Cove, ranging for 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 boasts a community pool and club house 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 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.

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

Residents of Legacy Cove in Stuart Florida enjoy a relaxing life style 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

For any questions you November 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

November 2016 Market Report for Legacy Cove in Stuart Florida

November 2016 Market Report for River Pines in Stuart FL

11.12.16 by Gabe Sanders

November 2016 Market Report for River Pines in Stuart FL

As of November 2016, there are 6 active listings in the River Pines townhomes of Stuart, FL. Listing prices range from $142,500 up to $160,000 which equals an average list price of $150,917 or $117.17 per sq. ft. of living area.

There are 4 homes under contract awaiting sale. List prices are from $134,900 up to $155,000 for an average list price of $142,225 or $110.43 per sq. ft. of living area. These homes went under contract in an average of 27 days.

In the past 12 months, 21 townhomes have sold in River Pines with sales prices ranging from $95,000 to $150,000 for an average sales price of $134,200 which equals $103.37 per sq. ft. of living area. These homes sold at an average of 97% of list price and were under contract in an average of 53 days after going on the market.

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.

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.

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

As of November, 2014 HOA fees were $160 per month.

Search for all River Pines Town Homes in Stuart, FL

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

November 2016 Market Report for River Pines in Stuart FL

St. Lucie County Townhouses and Condos 2016 3’rd Quarter Report

11.11.16 by Gabe Sanders

Quarterly Market Report for St. Lucie County Townhouses and Condos

3’rd Quarter 2016

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 3’rd quarter of 2016.

Sales and pending sale volume was down this quarter as compared to the 3’rd quarter of 2015 while prices continued to rise. Active inventory also declines making this townhouse and condo market even more of a sellers’ market.

View the entire set of data at GabeSanders.com

Sand Dollar Shores Condos on Hutchinson Island November 2016 Market Report

11.11.16 by Gabe Sanders

Sand Dollar Shores Condos on Hutchinson Island November 2016 Market Report

There are four condos available for sale in the Sand Dollar Shores condominium complex on Hutchinson Island in Jensen Beach, FL. List prices range from $204,500 up to $329,000 for an average list price of $264,125 or $248.48 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 17 condos have been sold in Sand Dollar Shores. Sales prices ranged from $170,000 up to $320,500 which works out to an average sales price of $224,529 which is $208.71 per sq. ft. of living area. These condos averaged 69 days on the market before going under contract and sold for 94% of the list price.

About the Sand Dollar Shores Condos on Hutchinson Island

The Sand Dollar Shores condos in Jensen Beach on Hutchinson Island (also known as Sand Dollar Villas) consist of 5 buildings which were completed in 1980. Located approximately 5 miles north of the Jensen Beach Causeway these Sand Dollar Shores condos offer some of the best private ocean access with few crowds and unspoiled beaches.

All condos are 2 bedroom and 2 bathrooms with either 1,113 or 1,053 sq. ft. under roof plus additional balcony space. These Sand Dollar condos offer direct ocean access and have two pools, a clubhouse, fitness room and tennis courts.

Rentals are allowed with a one month minimum stay requirement and 1 large pet is permitted for owners. As of January 2015 the condo fees ranged from $1,199 to $1,299 depending on the building and unit.

This gated community on the crystal clear blue waters of the Atlantic Ocean may be just the right ticket for your Florida home!

Search here for the available Sand Dollar Shores Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – 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 – Sea Winds – Villa del Sol

Island Crest Condos on Hutchinson Island November 2016 Market Report

11.10.16 by Gabe Sanders

Island Crest Condos on Hutchinson Island November 2016 Market Report

There are 2 condos available to purchase in Island Crest for November 2016. The list prices of these two Hutchinson Island condos are $275,000 and $314,500 for an average list price of $294,750 or $288.13 per sq. ft. of living area.

There is one condo under contract which has not closed to date. This condo was listed for $295,000 which is $288.13 sq. ft. of living area. This condo was on the market for 24 days before going under contract.

In the past 12 months, 10 Island Crest condos have sold. Sales prices ranged from $187,500 up to $280,000 for an average sales price of $245,250 which works out to $239.74 per sq. ft. of living area. These condos averaged 157 days on market before going under contract and sold for 95% of the final list price.

About Island Crest Condos on Hutchinson Island

The Island Crest Condominium building in Jensen Beach FL on Hutchinson Island was built in 1981 and is a 12 story complex with 126 residential condos. Sizes range from 2 bedroom, 2 bath units with either 1,119 or 1,023 sq. ft. of living area (plus balconies) down to 1 bedroom, 1 bath condos of 899 sq. ft.

Located north of the Jensen Beach causeway and south of the Waveland public beach, Island Crest has many upscale amenities. These include 2 pools, Jacuzzi, clubhouse with social areas and 2 kitchens, fitness room, ocean view billiards, bocce court, 2 tennis courts, basketball, grilling area, car wash and private beach access.

1 small pet is permitted and rentals are allowed with a minimum of 3 months. Island Crest is one of the few condos on Hutchinson Island where trucks are permitted (no commercial trucks). Condo fees are $480 per month (As of October 2016) and include Cable, Common Areas, Elevator, Exterior Electric, Grounds / Plants, Insurance-Bldg, Janitor, Lawn Care, Maintenance Exterior, Management Fees, Pest Control, Pool Service, Reserve Funds, Roof Maintenance, Sewer, Trash Removal, Water.

Click here to see the currently available Island Crest Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club – 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

St. Lucie County Single Family Homes 2016 3’rd Quarter Report

11.09.16 by Gabe Sanders

Quarterly Market Report for St. Lucie County Single Family Homes

3’rd Quarter 2016

Click the image below to view the full details of the St. Lucie County single family homes market report data as reported by St. Lucie County Realtor for the 3’rd quarter of 2016.

Slightly lower volume of closed and pending sales for this quarter as compared to 2015 while prices continue to rise. Still a strong sellers’ market for the St. Lucie County single family homes real estate market.

View the entire set of data at GabeSanders.com

Empress Condos on Hutchinson Island November 2016 Market Report

11.08.16 by Gabe Sanders

Empress Condos on Hutchinson Island November 2016 Market Report

There are 2 condos listed for sale in early November if 2016 in the Empress Condominiums of Hutchinson Island. List prices are $350,000 and $390,000 for an average of $370,000 or $258.01 per sq. ft. of living area.

There are 3 Empress Condos currently under contract. List prices range from $299,000 up to $385,000 for an average list price of $329,667 which equals $261.21 per sq. ft. of living area. These condos were on the market for an average of 193 days before going under contract.

In the past 12 months, 4 condos have sold in the Empress. Sales prices ranged from $308,750 up to $$405,000 for an average sales price of $365,438 which works out to $251.22 per sq. ft. of living area. These condos sold for 95% of list price on average and when under contract in an average of 113 days.

The Empress of Jensen Beach on Hutchinson Island is an upscale 15 story oceanfront condo building with 115 residences that was completed in 1988. Located just a couple of miles north of the Jensen Beach Causeway, the Empress is just a short drive to downtown Jensen as well as various shops and restaurants available on Hutchinson Island.

There are various sizes and configurations of condos in the Empress ranging from a 2 very spacious 4 bedroom, 3 bathroom units of 2,804 sq. ft. of living area, along with 3 bedroom, 2 bath units of 1,505 sq. ft. with the remainder 2 bedroom, 2 bathroom condos of either 1,500 or 1,299 sq. ft. of living area.

There is ample assigned and guest parking plus an additional 40 covered detached garages which can be bought and sold between Empress residents. Other community amenities include pool, Jacuzzi, sun deck, card room, club house with kitchen, ping pong, billiards, exercise room, sauna, tennis courts, golf practice net, car wash area and dune walk to beach.

1 small pet under 20 lbs. is allowed and rentals are also allowed with some restrictions. As of this writing condo fees ranged from $550 to $600 per month depending on the size of the unit. Garage owners have some additional fees.

Looking for a carefree oceanfront lifestyle on Hutchinson Island in Jensen Beach? The Empress Condos might just be the right choice.

Click here for currently available Empress Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – 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

Empress Condos on Hutchinson Island November 2016 Market Report

Springtree Stuart FL November 2016 Market Report

11.06.16 by Gabe Sanders

Springtree Stuart FL November 2016 Market Report

For November 2016 there are two homes available to purchase in Springtree. The list prices for these homes are $229,000 and $299,000 for an average list price of $264,000 which is $159.85 per sq. ft. of living area.

Currently, there are no homes under contract in Springtree.

7 Springtree homes have sold in the past 12 months. Sales prices ranged from $245,000 to $324,000 for an average sales price of $269,357 which equals $149.95 per sq. ft. of living area. Sales prices averaged 97% of list price and these homes took an average of 47 days to go under contract.

Springtree is a beautiful small development just west of US 1 in Stuart, Florida. Conveniently located between Indian Street and Salerno Road, Springtree is close to shopping, restaurants, beaches and easy access to I-95 for commuters. This community is a wonderful family neighborhood and in the Martin County ‘A’ rated school district, with Pinewood Elementary, Stuart Middle and Martin County High.

Engle Homes completed this community between the years of 2000 and 2003. This is a gated community with a lighted lake and fountain as the centerpiece of the community. Low HOA fees of approximately $120. month make this an affordable community. Many homes boast wonderful private lakeside views. Springtree also has a number of preserve areas as well as a playground to keep the tots occupied.

Search here for any available Springtree Homes for Sale

For any questions you may have about Springtree Stuart FL November 2016 Market Report, 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

Springtree Stuart FL November 2016 Market Report

September 2016 Monthly Market Detail St Lucie County Townhouses and Condos

10.31.16 by Gabe Sanders

September 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The September 2016 Monthly Market Detail St Lucie County Townhouses and Condos picked up a little from last month and remains quite strong. Closed sales were unchanged from last year (was down 3.8% in August) while new pending sales decreased by 5.1% (was down by 2.9% in August).

Prices continue to increase, though at a more moderate pace than in past months, with the median price up by 6.5% (was up by 23.0% in August) while the average sales price increased by 5.9% (was up by 10.8% in August). These increases are much more in line with continued moderate gains for year to year in the future.

The inventory of available townhouses and condos decreased by 19 units from last month to 507 units, which is 6.3% less than September 2015. The current supply of units is 5.1 months, which is 3.8% lower than the 5.3 months of inventory last year. The St Lucie County townhouses and condos continues to be in a sellers market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

Click here to view or download the full report:
September 2016 Monthly Market Detail St Lucie County Townhouses and Condos

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.

September 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Lost River Plantation October 2016 Market Report

10.31.16 by Gabe Sanders

Lost River Plantation October 2016 Market Report

As of October 2016, there are 5 available homes for sale in the Lost River Plantation community of Stuart, FL. Prices range from $559,000 up to $750,000 for an average price of $672,300 which equals $227.24 per sq. ft. of living area.

There are no homes currently under contract in Lost River.

In the past 12 months, there have been 5 sales ranging in sales prices from $490,000 to $792,000 for an average sales price of $661,400 which comes out to $232.00 per sq. ft. of living area. Sales prices averaged 96% of the last list price and these homes were on the market for an average of 209 days prior to accepting these offers.

Lost River Plantation in Stuart, Florida consists of 111 homes all with private docks and Ocean access via the South Fork of the Saint Lucie River. All, but just a handful of the homes have waterfront and dockage located in the backyard. Suitable for deep draft ocean going vessels with some docks able to accommodate over 50’ vessels. All homes are of newer construction (from 2004 to the present). There are a limited number of new homes not on the MLS available now or to be built, please call us for details.

This is a spectacular waterfront community with very private and protected waterfront areas. There is a community marina with a clubhouse that offers a fitness center, kitchen and social rooms. For those wishing to commute to pints north or south, Lost River is very conveniently located near the Interstate for easy access. Yet, it’s only 10 to 20 minutes’ drive to the pristine beaches and quaint downtown areas of Stuart, Florida. Also close to shopping, restaurants as well as medical facilities. Lost River Plantation is a tremendous opportunity for newer waterfront construction. A rare gem in this real estate market!

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Lost River Plantation October 2016 Market Report

September 2016 Monthly Market Detail St Lucie County Single Family Homes

10.30.16 by Gabe Sanders

September 2016 Monthly Market Detail St Lucie County Single Family Homes

September 2016 Monthly Market Detail St Lucie County Single Family Homes showed reduced sales activity from last September. Closed sales were down by 6.6% (in August they were up by 8.3%) and new sales under contract (new pending sales) decreased by 11.5% (they were down by 15.1% last month).

Prices, however, continue their upward march at strong rates. The median and average sales prices up by 10.0% and 10.6% respectively from last September (For August these numbers were 18.7% and 20.2%). While these are very good results for sellers, they make me a little nervous as rates of increase this high may result in lower affordability of homes and subsequently less sales in the future.

Active listings increased by 57 homes to 1,671 homes. This inventory is 11.0% higher than last year. The current supply of homes is at 3.7 months (3.3 months for September of 2015) This is 12.1% greater than last year. The St Lucie County single family home market remains in a very strong sellers market. A balanced market is one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
September 2016 Monthly Market Detail St Lucie County Single Family Homes

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.

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