Conquistador Homes and Condos Market Report November 2019

Conquistador Homes and Condos Market Report November 2019

Homes:  There are no homes currently on the market in Conquistador Estates.

There is one home currently under contract.  The list price was $347,900 which works out to $218.81 per sq. ft. of living area.  This home was on the market for 172 days prior to going under contract.

In the past 12 months, there have been 4 homes sold in Conquistador Estates.  The sales prices ranged from $270,000 up to $395,000.  This is an average sales price of $322,250 which works out to $174.23 per sq. ft. of living area.  These homes were on the market for an average of 63 days prior to going under contract and sold for an average of 96% of list price.

Condos: There are currently 3 condos for sale in Conquistador.  Listing prices start at $145,000 and go up to $169,900.  The average list price is $154,967 which equals $144.02 per sq. ft. of living area.

3 Condos are under contract awaiting settlement.  List prices ranged from $175,000 up to $194,000 for an average of $183,000 which works out to $151.21 per sq. ft. of living area.  These condos were on the market for an average of 46 days prior to going under contract.

In the past 12 months, 21 condos have sold in Conquistador.  Sales prices ranged from $104,500 up to $220,000.  The average sales price was $153,257 which equals $136.18 per sq. ft. of living area. These sales averaged a 97% list to sales ratio as well as going under contract in an average of 49 days after being listed.

Click here to view the previous Conquistador market reports

About Conquistador Homes and Condos in Stuart FL:

Conquistador Condos and Homes in Stuart FL

Conquistador homes and condos are in the prime senior location in Stuart Florida.  The Conquistador community is located on the shores of the wide Saint Lucie River and only minutes from the beaches of the Atlantic Ocean as well as being right next door to the Martin County Municipal Golf Course with easy access to shopping, restaurants, medical facilities.

Conquistador Condos and Homes in Stuart FL

Conquistador is a mix of single-family homes (the estate’s section) and 3 story condominiums.  The condominiums have access to their own pool areas as well as barbecue areas or the main clubhouse pool.

Conquistador Homes and Condos

This is a very active senior community with an active clubhouse with a fitness room, main ballroom, reading library and activities throughout the year.  Conquistador is not just a seasonal residence as many owners enjoy the benefits of year-round living in fabulous Martin County with all the amenities that this jewel of the Treasure Coast has to offer.

Conquistador Homes and Condos

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 For any questions you November have about Conquistador Homes and Condos in Stuart, Florida, 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

Conquistador Homes and Condos Market Report November 2019

Florida Townhouses and Condos September 2019 Market Report

Florida Townhouses and Condos September 2019 Market Report

For September 2019, Florida Townhouses and Condos had mixed sales results when compared to last September.  Closed sales were up by 6.1% as compared to last month’s decrease of 2.9%.  New sales under contract (new pending sales) decreased by 0.4% (In August there was a 1.4% decrease).

Prices, though, were up for September.  The median sales price was up by 5.8% (was up by 2.7% in August), while the average sales price increased by 1.3% (was up 3.1% in August).

The inventory of active listings decreased by 0.6% from September of last year.  We now have 5.3 months of inventory which is the same as the 5.3 months for September 2018.  Remaining in a seller’s 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 September 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.

View previous Florida townhouses and condo market reports by clicking this link.

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 September 2019 Market Report

Hobe Sound FL 33455 Condo Market Report September 2019

Hobe Sound FL 33455 Condo Market Report September 2019

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

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

There are currently 10 active condo listings. (Up by 1 condo from August)

Hobe Sound FL 33455 Condo Market Report September 2019

3 Condos are pending and awaiting close. (Down by 3 condos from August)

Hobe Sound FL 33455 Condo Market Report September 2019

5 Condos sold in September. (Unchanged from August)

Hobe Sound FL 33455 Condo Market Report September 2019

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  As a result, it is difficult to track such small numbers though this market remains quite active.

The absorption rate for Hobe Sound condos was 2.0 months for September (it was 1.8 months for August).  Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes in percentages that do not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The September 2018 numbers were: 7 active listings, 1 pending sales, and 3 closed sales.  It’s difficult to make meaningful comparisons with last year when there’s such a small sampling of condos in Hobe Sound.   While, there was some increased activity this year.

Hobe Sound FL 33455 Condo Market Report September 2019

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Click here to view previous Hobe Sound FL 33455 Condo Market Report

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Hobe Sound FL 33455 Condo Market Report September 2019

Stuart FL 34997 Condo Market Report September 2019

Stuart FL 34997 Condo Market Report September 2019

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

There are currently 40 active condo listings (Down by 8 condos from August).

Stuart FL 34997 Condo Market Report September 2019

21 Condo sales are pending and awaiting close (Up by 1 condo from August).

Stuart FL 34997 Condo Market Report September 2019

11 Condos Sold in September (Up by 4 condos from August).

Stuart FL 34997 Condo Market Report September 2019

      The Stuart FL condo market for zip code 34997 remains quite active and is one of the strongest performers in the Stuart condo market.  Sales and pending sales both rose this month while the inventory declined.

     The absorption rate dropped to 3.6 months in September compared to 6.9 months for August.  Transitioning back into a 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 September 2018 numbers were: 42 active listings, 16 pending sales, and 16 closed sales.  Stronersales volume last year, though this is still a very hot segment of the Stuart condo market.

Stuart FL 34997 Condo Market Report September 2019

To make informed decisions about Stuart FL condo real estate it’s a good idea to be familiar with the market.  Click here to view the previous Stuart FL 34997 condo market reports

Stuart Florida Real Estate presented by:
Gabe Sanders

Click here to view previous Stuart FL 34997 Condo Market Reports

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 September 2019

Stuart FL 34996 Condo Market Report September 2019

Stuart FL 34996 Condo Market Report September 2019

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

There are currently 103 active condo listings (Up by 8 condos from last month).

Stuart FL 34996 Condo Market Report September 2019

19 Condo sales are pending and awaiting close or lender approval (Down by 23 condos from August).

Stuart FL 34996 Condo Market Report September 2019

32 Condos sold in September (Up by 17 condos from August) 

Stuart FL 34996 Condo Market Report September 2019

The Stuart FL 34996 Condo Market of Stuart improved the closed sales activity from a very poor previous month.  But, pending sales took a big dip.  This may impact the volume of closed sales in the coming months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 plunged to 3.2 months from August’s 6.3 months. Bringing us back into a 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 September 2018 were: 100 active listings, 30 pending sales, and 22 closed sales. Much better-closed sales activity this year while pending sales were much better last September.

Stuart FL 34996 Condo Market Report September 2019

Click here to view the previous Stuart FL condo market reports

 

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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

Click here to view previous Stuart FL 34996 Condo Market Reports

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 September 2019