Conquistador Homes and Condos Market Report May 2019

Conquistador Homes and Condos Market Report May 2019

Homes:  There is `1 home currently on the market in Conquistador Estates.  The list price is $359,000 which is $225.79 per sq. ft. of living area.

There is one home currently under contract.  The list price was $285,000 which works out to $152.41 per sq. ft. of living area.  This home was on the market for 115 days prior to going under contract.

In the past 12 months, there have been 8 homes sold in Conquistador Estates.  The sales prices ranged from $235,000 up to $395,000.  This is an average sales price of $307,250 which works out to $165.04 per sq. ft. of living area.  These homes were on the market for an average of 49 days prior to going under contract and sold for an average of 95% of the listed price.

Condos: There are currently 4 condos for sale in Conquistador.  Listing prices start at $130,000 and go up to $199,000.  The average list price is $162,725 which equals $145.69 per sq. ft. of living area.

4 Condos are under contract awaiting settlement.  List prices ranged from $99,900 up to $185,900 for an average of $139,575 which works out to $130.89 per sq. ft. of living area.  These condos were on the market for an average of 31 days prior to going under contract.

In the past 12 months, 21 condos have sold in Conquistador.  Sales prices ranged from $90,000 up to $175,000.  The average sales price was $138,900 which equals $128.74 per sq. ft. of living area. These sales averaged a 96% list to sales ratio as well as going under contract in an average of 48 days after being listed.

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 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

Search for available Homes in Conquistador

Search for available Condos in Conquistador

 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 May 2019

Palm City FL 34990 Condo Market Report April 2019

Palm City FL 34990 Condo Market Report April 2019

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

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

There are currently 78 active condo listings. (Decreased by 7 condos from March)

Palm City FL 34990 Condo Market Report April 2019 

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

Palm City FL 34990 Condo Market Report April 2019

11 Condos Sold in April. (Unchanged from March)

Palm City FL 34990 Condo Market Report April 2019

The Palm City FL 34990 condo real estate market remains a fairly small segment of the Martin County condo market.  The sales activity in this market is challenging because of two condo communities with high equity and association fees that are currently not in favor with the general public.  Though, those who love golf, there are some incredible bargains in these communities.  April showed a nice rise in activity for these communities.

The current absorption rate for condos in the 34990 zip is 7.1 months (was 7.7 months in March).  Remaining in a buyer’s market for Palm City condos.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The April 2018 numbers were: 88 active listings, 15 pending sales, and 7 closed sales.  Better sales and pending activity this year on lower inventory.
Palm City FL 34990 Condo Market Report April 2019
Are you interested in the value of your Palm City FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for condos for sale in the 34990 zip code area of Palm City FL

Palm City Florida Real Estate presented by
the Gabe Sanders real estate team

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

Palm City FL 34990 Condo Market Report April 2019

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).

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

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

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

Search here for Stuart Florida Real Estate for Sale

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

Stuart FL 34994 Condo Market Report April 2019 

 

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

Hobe Sound FL 33455 Condo Market Report March 2019

Hobe Sound FL 33455 Condo Market Report March 2019

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

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

There are currently only 4 active condo listings. (Up by 2 condos from February)

Hobe Sound FL 33455 Condo Market Report March 2019

1 Condo is pending and awaiting close. (Down by 1 condo from February)

Hobe Sound FL 33455 Condo Market Report March 2019

3 Condos sold in March. (Up by 2 condos from February)

Hobe Sound FL 33455 Condo Market Report March 2019

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  The inventory of available condos has once again reached very small levels and this will impact future condo market activity in Hobe Sound.  Yet, even with such little inventory, these condos are selling well.

The absorption rate for Hobe Sound condos was 0.33 months for March as compared to 2 months in February).  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 March 2018 numbers were: 9 active listings, 9 pending sales, and 2 closed sales.  Considerably better activity last year, along with a greater number of condos available for sale.

Hobe Sound FL 33455 Condo Market Report March 2019

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

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report March 2019