Portofino Condos at Jensen Beach January 2019 Market Report

Portofino Condos at Jensen Beach January 2019 Market Report

As of January 2019, there are 5 condos available for sale in Portofino.  List prices range from $135,000 up to $189,900.  This is an average list price of $168,120 or $166.18 per sq. ft. of living area.

There is 1 condo under contract at this time.  The list price was $172500 which equals $160.61 per sq. ft. of living area.  This condo was on the market for 64 days before this offer was accepted.

In the past 12 months, 13 condos have sold in Portofino, ranging in sales price from $107,000 up to $175,000.  This equals an average sales price of $143,973 which which works out to $143.34 per sq. ft. of living area.  The average days on market was 46 and the average list to sales price ratio was 97%.

About the Portofino Condos at Jensen Beach:

Portofino Condos at Jensen Beach January 2019 Market Report

Portofino of Jensen Beach is a gorgeous gated condo community that’s just great for families or singles. Portofino offers fantastic amenities such as a resort-style pool and hot tub, a state-of-the-art fitness center, and an indoor air-conditioned racquetball court along with outdoor tennis court. A business center is also available that delivers the conveniences of a home office, with computers, a copier, and a fax machine to keep you connected. A children’s playground is also available. This community is only 10 minutes from the beaches, and it is just minutes to both Jensen Beach Elementary School and Jensen Beach High School. Jensen Beach students also attend Stuart Middle School which is only about 15 minutes away.

 

Portofino Condos at Jensen Beach

Portofino Condos at Jensen Beach

 

Portofino Condos at Jensen Beach is one of the newest condominium subdivisions in Martin County.  Originally built as an upscale apartment complex around 2000, this development was turned into condominiums and began sales in 2005.  Due to the downturn in the housing market, not all units were sold and some are now being offered for lease.  Portofino Condos at Jensen Beach January 2019 Market Report features 1, 2 and 3 bedroom units with separate garage parking as an added purchase when available.  Unit sizes are 802 sq. ft. for the 1 Bedroom 1 bath, 1074 sq. ft. for the 2 Bedroom 2 bath, and 1252 sq. ft. for the 3 Bedroom 2 bath.

Portofino at Jensen Beach

With a total of 384 units, there are 116 one-bedroom, 196 two-bedroom, and 72 three-bedroom units within Portofino that are spacious and include balconies! Portofino provides luxury living for its residents, set in a peaceful Florida preserve atmosphere, many with lake views. Living in Portofino of Jensen Beach you will feel like you are on vacation year round!

Portofino Condos at Jensen Beach January 2019 Market Report

Portofino Condos at Jensen Beach January 2019 Market ReportThe Condo Owners Association fees range from $245.00 to $281.00 per month depending on unit size and for garage owners, there’s an additional $20 per month charge.  Fees include the extensive grounds and gated entry as well as the amenities, which include a large community pool, heated whirlpool, state of the art fitness center, indoor racquetball court, tennis court, playground and a private clubhouse with a full kitchen.

Portofino Condos at Jensen Beach January 2019 Market Report

All ages are welcome in Portofino Condos at Jensen Beach.   Children attend Martin County’s highly rated school system, currently at Jensen Beach elementary school, Stuart middle school and Jensen Beach high school.  Portofino Condos is close to the Treasure Coast mall as well as numerous shops and restaurants, medical facilities and only a few minutes to the waterways of Martin County and the beaches of Hutchinson Island.

Portofino Condos at Jensen Beach

Portofino Condos at Jensen Beach

For information about sales or rentals of Portofino Condos in Jensen Beach, please call the Gabe Sanders real estate team at 772-323-6996 or contact us here.

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Portofino Condos at Jensen Beach January 2019 Market Report

Stuart FL 34994 Condo Market Report December 2018

Stuart FL 34994 Condo Market Report December 2018 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for December 2018

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

There are currently 100 active condo listings (Up by 4 condos from November).

Stuart FL 34994 Condo Market Report December 2018

44 Condo sales are pending and awaiting close or lender approval. (Decreased by 4 condos from last month) 

Stuart FL 34994 Condo Market Report December 2018

17 Condos Sold in December (Up by 8 condos from November).

Stuart FL 34994 Condo Market Report December 2018

The Stuart FL 34994 Condo market rebounded with an increase in closed sales while a slight decrease in pending sales, but remaining as a very active market.

The absorption rate for December dropped to 5.9 months compared to last month’s 10.7.  Back into a seller’s market after one month of a buyer’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 December the numbers were 91 active listings, 35 pending sales, and 15 closed sales.  A better volume of sales and pending sales this year with only a slightly higher inventory.

Stuart FL 34994 Condo Market Report December 2018

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Stuart FL 34994 Condo Market Report December 2018 

 

Circle Bay Waterfront Condos Stuart FL January 2019 Market Report

Circle Bay Waterfront Condos Stuart FL January 2019 Market Report

As of January 2019, there are 7 condos for sale in the Circle Bay Yacht Club of Stuart FL.   Listing prices range from $135,000 up to $287,000.  The average listing price $219,307 which equals a price per square foot of living area of $218.70.

There is one Circle Bay condo under contract at this time.  This condo was listed for $269,00 or $269.63 per sq. ft. of living area.  It went under contract 12 days after being listed.

In the past 12 months, 21 Circle Bay Waterfront Condos have sold.  Sales prices ranged from a low of $110,000 up to $278,000.  This equals an average sales price of $182,190 which is $177.69 per sq. ft.  These condos sold for an average of 95% of the last listed price and in an average of 86 days on market prior to accepting an offer that resulted in the sale.

About the Circle Bay Yacht Club Condos in Stuart FL:

Circle bay Yacht Club Stuart FL

The Circle Bay Yacht Club is an active waterfront 55+ condo community with docks (for boats up to 36′) that have easy wide river and ocean access. Docks are not deeded, rather rented at reasonable monthly rates.

Circle bay Yacht Club Stuart FLThere are 295 condos in 14 buildings that were constructed from 1974 to 1982. A number of buildings have elevators. Unit sizes vary from a low of 1 bedroom, 1 & ½ bathroom condos of 751 sq. ft. of living area up to 2 bedroom, 2 bathroom ones with 1,294 sq. ft. Covered carports are provided as well as ample guest parking.

Circle bay Yacht Club Stuart FL

Heated pools, grills, etc. are some of the numerous amenities available for residents of the Circle Bay Yacht Club. The clubhouse also boasts a hobby shop with tools available for use by the residents. Rentals are permitted with restrictions. Sorry, no pets are permitted in Circle Bay. Circle bay Yacht Club Stuart FLAs of January 2019, the monthly condo fees were from $350.00 to $400.00 depending on the location and size of the condo.  This fee includes  Basic Cable, Fire/Liability Insurance, Grounds / Plants, Exterior Maintenance,  Manager, Pest Control, Recreational Facilities, Reserve Funds, Roof Maintenance, Security, Sewer, Trash Removal, and Water.

 

Search here for:

Circle Bay Waterfront Condos Homes for Sale in Palm City Florida

 

Circle Bay Waterfront Condos Stuart FL January 2019 Market Report

Florida Townhouses and Condos November 2018 Market Report

Florida Townhouses and Condos November 2018 Market Report

The Florida Townhouses and Condos November 2018 Market Report remains active and continues with some mixed signals for this period.  Closed sales were up by 4.9% as compared to last month’s increase of 14.1% and new sales under contract (new pending sales) decreased by 9.6% (In October there was a 0.8% decrease).

Prices continue to rise for November though not as much as they were in the earlier months of the year.  Median sales prices were up by 5.1% (was up by 5.9% in October), while the average sales price increased by 7.9% (was up 8.0% in October).

The inventory of active listings increased by 6.6% from November of last year.  We now have 5.7 months of inventory as compared to 5.7 months for November 2017.  We remain in a seller’s market for Florida townhouse and condo sales, though close to a balanced market.  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 November 2018 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 November 2018 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 November 2018 Market Report

Hobe Sound FL 33455 Condo Market Report November 2018

Hobe Sound FL 33455 Condo Market Report November 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for November 2018

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

There are currently 2 active condo listings. (Decreased by 1 condo from October)

Hobe Sound FL 33455 Condo Market Report November 2018

8 Condos are pending and awaiting close. (Up by 2 condos from October)

Hobe Sound FL 33455 Condo Market Report November 2018

3 Condos sold in November. (Up by 1 condo from October)

 Hobe Sound FL 33455 Condo Market Report November 2018

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 moving off the market quite fast.

The absorption rate for Hobe Sound condos was 0.7 months for November as compared to 1.5 months in October).  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 November 2017 numbers were: 15 active listings, 6 pending sales, and 3 closed sales.  Similar sales activity when compared to last year but with hardly any inventory of condos for sale.

Hobe Sound FL 33455 Condo Market Report November 2018

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Hobe Sound FL 33455 Condo Market Report November 2018

Palm City FL 34990 Condo Market Report November 2018

Palm City FL 34990 Condo Market Report November 2018

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for November 2018

For November 2018 in the 34990 Zip Code area of Palm City, Florida :

There are currently 89 active condo listings. (Increased by 9 condos from October)

   Palm City FL 34990 Condo Market Report November 2018

1 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from last month)

Palm City FL 34990 Condo Market Report November 2018

2 Condos Sold in November. (Down by 5 condos from October)

Palm City FL 34990 Condo Market Report November 2018

The Palm City FL 34990 condo real estate market remains a fairly small segment of the Martin County condo market.  Very slow market activity for November.  The sales activity in this market is skewed by two tough condo communities with high equity and association fees that make this market quite challenging.

The current absorption rate for condos in the 34990 zip code area rocketed up to 44.5 months (was 111.4 months in November).  An extreme buyer’s market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The November 2017 numbers were: 85 active listings, 14 pending sales, and 4 closed sales.  Better activity last year.
Palm City FL 34990 Condo Market Report November 2018
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Palm City Florida Real Estate presented by:
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Palm City FL 34990 Condo Market Report November 2018

Stuart FL 34997 Condo Market Report November 2018

Stuart FL 34997 Condo Market Report November 2018

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for November 2018

For November 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 44 active condo listings (Down by 5 condos from October).

Stuart FL 34997 Condo Market Report November 2018

22 Condo sales are pending and awaiting close (Up by 4 condos from October).

Stuart FL 34997 Condo Market Report November 2018

8 Condos Sold in November (Down by 8 condos from October).

Stuart FL 34997 Condo Market Report November 2018

      The Stuart FL condo market for zip code 34997 had lower inventory this month but also weaker closed sales.  Though, there was an increase in pending sales.

     The absorption rate rose to 5.5 months in November compared to 3.1 months for October.  Drifting closer to a balanced market for 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 November 2017 numbers were: 49 active listings, 30 pending sales, and 10 closed sales.  Better activity last year.

Stuart FL 34997 Condo Market Report November 2018

Stuart Florida Real Estate presented by:
Gabe Sanders

 

Stuart FL 34997 Condo Market Report November 2018

 

 

Stuart FL 34996 Condo Market Report November 2018

Stuart FL 34996 Condo Market Report November 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for November 2018

For November 2018 in the 34996 Zip Code area of Stuart, Florida :

There are currently 119 active condo listings (Down by 8 condos from last month).

Stuart FL 34996 Condo Market Report November 2018

33 Condo sales are pending and awaiting close or lender approval (Up by 11 condos from October).

Stuart FL 34996 Condo Market Report November 2018

24 Condos Sold in November (Up by 5 condos from October) 

Stuart FL 34996 Condo Market Report November 2018

The Stuart FL 34996 Condo Market of Stuart is bucling the trend for the rest of Martin County with increasing sales and pending sales as well as a decrease in inventory.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 5.0 months from October’s 6.7 months. Transitioning back into a seller’s market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for November 2017 were: 134 active listings, 35 pending sales, and 15 closed sales.  Better closed sales activity this year.

Stuart FL 34996 Condo Market Report November 2018

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Stuart FL 34996 Condo Market Report November 2018

Stuart FL 34994 Condo Market Report November 2018

Stuart FL 34994 Condo Market Report November 2018 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for November 2018

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

There are currently 96 active condo listings (Up by 11 condos from October).

Stuart FL 34994 Condo Market Report November 2018

48 Condo sales are pending and awaiting close or lender approval. (Increased by 3 condos from last month) 

Stuart FL 34994 Condo Market Report November 2018

9 Condos Sold in November (Down by 5 condos from October).

Stuart FL 34994 Condo Market Report November 2018

The Stuart FL 34994 Condo market showed slightly weaker closed activity from last month along with an increase in inventory of available condos for sale.

The absorption rate for November dropped to 10.7 months compared to last month’s 6.1.  Now a buyer’s market for this condo segment of Stuart’s 34994 zip code area.  This is a large change and it’s been quite some time that this was a buyer’s market.  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 November the numbers were 100 active listings, 31 pending sales, and 21 closed sales.  Much better sales activity last year, but stronger pending activity for this year.

Stuart FL 34994 Condo Market Report November 2018

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Stuart FL 34994 Condo Market Report November 2018 

 

Windjammer Waterfront Condos December 2018 Market Report

Windjammer Waterfront Condos December 2018 Market Report

As of December 2018, there are 6 condos on the market in the Windjammer Yacht Club  of Stuart FL.   Listing prices range from $189,900 up to $295,000.  The average list price is $227,700 which equates to a price per square foot of living area of $191.18.

There are no condos currently under contract (pending sales).

In the past 12 months, 15 Windjammer Waterfront Condos have sold.  Sales prices ranged from $140,000 up to $315,000.  This is an average sales price of $210,967 which equals $177.13 per sq. ft.  These condos sold for an average of 95% of the last list price and were on the market for an average of 108 days prior to accepting an offer.

Windjammer Waterfront Condos Windjammer is a senior (55+) community of waterfront condos in Stuart, FL on the South Fork of the wide Saint Lucie River with easy ocean access.  There are 130 2 bedroom, 2 bathroom condos with porches.

Windjammer Waterfront Condos
Docks are deeded to the condos and are owned by the unit owners.  (Not every condo has an accompanying dock)  Dock sizes vary and go up to a 16′ beam and 40′ length.  Rentals are allowed with restrictions and 1 small pet is also allowed.
 Windjammer Waterfront Condos Windjammer Waterfront Condos

 Search here for:

Windjammer Waterfront Condos Homes for Sale in Palm City Florida

 

Windjammer Waterfront Condos December 2018 Market Report

Florida Townhouses and Condos October 2018 Market Report

Florida Townhouses and Condos October 2018 Market Report

The Florida Townhouses and Condos October 2018 Market Report remains active and surpassed last year’s activity levels.  Closed sales were up by 14.1% as compared to last month’s increase of 14.6% and new sales under contract (new pending sales) decreased by 0.8% (In September there was a 44.1% increase).

Prices, also, continued to rise for October though not as much as they were in the earlier months of the year.  Median sales prices were up by 5.9% (was up by 5.5% in September), while the average sales price increased by 8.0% (was up 7.6% in September).

The inventory of active listings increased by 5.4% from Octoberof last year.  For October 2018 we have 5.5 months of inventory as compared to 5.6 months for October 2017.  We remain 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 October 2018 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 October 2018 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 October 2018 Market Report

Hobe Sound FL 33455 Condo Market Report October 2018

Hobe Sound FL 33455 Condo Market Report October 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for October 2018

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

There are currently 3 active condo listings. (Decreased by 4 condos from September)

Hobe Sound FL 33455 Condo Market Report October 2018

6 Condo is pending and awaiting close. (Up by 5 condos from September)

Hobe Sound FL 33455 Condo Market Report October 2018

2 Condos sold in October. (Down by 1 condo from September)

 Hobe Sound FL 33455 Condo Market Report October 2018

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 moving off the market quite fast.

The absorption rate for Hobe Sound condos was 1.5 months for October as compared to 2.3 months in September).  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 October 2017 numbers were: 13 active listings, 8 pending sales, and 1 closed sales.  Much better activity this year on a vastly smaller number of condos for sale.

Hobe Sound FL 33455 Condo Market Report October 2018

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Hobe Sound FL 33455 Condo Market Report October 2018

Palm City FL 34990 Condo Market Report October 2018

Palm City FL 34990 Condo Market Report October 2018

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for October 2018

For October 2018 in the 34990 Zip Code area of Palm City, Florida :

There are currently 80 active condo listings. (Decreased by 3 condos from September)

   Palm City FL 34990 Condo Market Report October 2018

3 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from last month)

Palm City FL 34990 Condo Market Report October 2018

7 Condos Sold in October. (Up by 1 condo from September)

Palm City FL 34990 Condo Market Report October 2018

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 skewed by two tough condo communities with high equity and association fees ythat make this market quite challenging.

The current absorption rate for condos in the 34990 zip code area decreased to 11.4 months (was 13.8 months in October).  Still a buyer’s market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The October 2017 numbers were: 75 active listings, 11 pending sales, and 2 closed sales.  Better sales activity this year but weaker pending sales activity.
Palm City FL 34990 Condo Market Report October 2018
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Stuart Florida Real Estate presented by:
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Palm City Florida Real Estate presented by:
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Palm City FL 34990 Condo Market Report October 2018

Stuart FL 34997 Condo Market Report October 2018

Stuart FL 34997 Condo Market Report October 2018

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2018

For October 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 49 active condo listings (Up by 7 condos from September).

Stuart FL 34997 Condo Market Report October 2018

18 Condo sales are pending and awaiting close (Up by 2 condos from September).

Stuart FL 34997 Condo Market Report October 2018

16 Condos Sold in October (Unchanged from September).

Stuart FL 34997 Condo Market Report October 2018

      The Stuart FL condo market for zip code 34997 remains very active even with such historically low inventory levels. Though there was a small rise this month.  Pending sales were up slightly while closed sales remained unchanged for October.

     The absorption rate rose to 3.1 months in October compared to 2.6 months for September.  Staying in a strong seller’s market for 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 October 2017 numbers were: 53 active listings, 25 pending sales, and 10 closed sales.  Better closed sales this year while there were more pending sales last year.

Stuart FL 34997 Condo Market Report October 2018

Stuart Florida Real Estate presented by:
Gabe Sanders

 

Stuart FL 34997 Condo Market Report October 2018

 

 

Stuart FL 34996 Condo Market Report October 2018

Stuart FL 34996 Condo Market Report October 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for October 2018

For October 2018 in the 34996 Zip Code area of Stuart, Florida :

There are currently 127 active condo listings (Up by 27 condos from last month).

Stuart FL 34996 Condo Market Report October 2018

22 Condo sales are pending and awaiting close or lender approval (Down by 8 condos from September).

Stuart FL 34996 Condo Market Report October 2018

19 Condos Sold in October (Down by 3 condos from September) 

Stuart FL 34996 Condo Market Report October 2018

The Stuart FL 34996 Condo Market of Stuart showed a good increase in inventory of available condos for sale.  Unfortunately. both pending and closed sales were down for October.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 6.7 months from September’s 4.5 months. Transitioning back into a balanced market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for October 2017 were: 130 active listings, 24 pending sales, and 22 closed sales.  Slightly better activity last year.

Stuart FL 34996 Condo Market Report October 2018

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Stuart FL 34996 Condo Market Report October 2018

Stuart FL 34994 Condo Market Report October 2018

Stuart FL 34994 Condo Market Report October 2018 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for October 2018

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

There are currently 85 active condo listings (Up by 9 condos from September).

Stuart FL 34994 Condo Market Report October 2018

45 Condo sales are pending and awaiting close or lender approval. (Decreased by 2 condos from last month) 

Stuart FL 34994 Condo Market Report October 2018

14 Condos Sold in October (Down by 6 condos from September).

Stuart FL 34994 Condo Market Report October 2018

The Stuart FL 34994 Condo market showed slightly weaker closed activity from last month along with an increase in inventory of available condos for sale.

The absorption rate for October dropped to 6.1 months compared to last month’s 3.8.  Transitioning back into a balanced market for this condo segment of Stuart’s 34994 zip code area..  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last October the numbers were 92 active listings, 28 pending sales, and 14 closed sales.  Identical closed volume when compared to last year, but much better pending activity.

Stuart FL 34994 Condo Market Report October 2018

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Stuart FL 34994 Condo Market Report October 2018 

 

Conquistador Homes and Condos Market Report November 2018

Conquistador Homes and Condos Market Report November 2018

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

There is one home currently under contract.  The list price was $319,999 which works out to $224.56 per sq. ft. of living area.  This home was on the market for 79 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 $360,000.  This is an average sales price of $278,188 which works out to $158.63 per sq. ft. of living area.  These homes were on the market for an average of 57 days prior to going under contract and sold for an average of 94% of the listed price.

Condos:  There are currently 2 condos for sale in Conquistador.  Listing prices are $119,900 and $139,000.  The average list price is $129,450 which equals $117.86 per sq. ft. of living area.

3 Condos are under contract awaiting settlement.  List prices ranged from $99,900 up to $169,900 for an average of $139,933 which works out to $124.62 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 $90,000 up to $187,500.  The average sales price was $129,529 which equals $120.48 per sq. ft. of living area. These sales averaged a 94% list to sales ratio as well as going under contract in an average of 44 days after being listed.

About Conquistador Homes and Condos 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 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.

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.

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 November 2018

Florida Townhouses and Condos September 2018 Market Report

Florida Townhouses and Condos September 2018 Market Report

The Florida Townhouses and Condos September 2018 Market Report continues to proceed with stroger activity when compared to last year.  Closed sales were up by 14.6% as compared to last month’s increase of 6.6% and new sales under contract (new pending sales) increased by 44.1% (In August there was a 3.8% decrease).

Prices, also, continued to rise for September though at a slightly slower rate than in past months.  Median sales prices were up by 5.5% (was up by 8.8% in August), while the average sales price increased by 7.6% (was up 10.1% in August).

The inventory of active listings increased by 2.9% from September of last year.  For September 2018 we have 5.3 months of inventory (was also 5.3 months in August) and compared to 5.4 months for September 2017.  We remain 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 2018 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 September 2018 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 September 2018 Market Report

Hobe Sound FL 33455 Condo Market Report September 2018

Hobe Sound FL 33455 Condo Market Report September 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for September 2018

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

There are currently 7 active condo listings. (Increased by 3 condos from August)

Hobe Sound FL 33455 Condo Market Report September 2018

1 Condo is pending and awaiting close. (Down by 3 condos from August)

Hobe Sound FL 33455 Condo Market Report September 2018

3 Condos sold in September. (Down by 1 condo from August)

 Hobe Sound FL 33455 Condo Market Report September 2018

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 moving off the market quite fast.

The absorption rate for Hobe Sound condos was 2.3 months for September as compared to 1.0 months in 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 2017 numbers were: 17 active listings, 3 pending sales, and 1 closed sales.  Much better activity this year on a vastly smaller number of condos for sale.

Hobe Sound FL 33455 Condo Market Report September 2018

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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 September 2018

Palm City FL 34990 Condo Market Report September 2018

Palm City FL 34990 Condo Market Report September 2018

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for September 2018

For September 2018 in the 34990 Zip Code area of Palm City, Florida :

There are currently 83 active condo listings. (Increased by 7 condos from August)

   Palm City FL 34990 Condo Market Report September 2018

5 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from last month)

Palm City FL 34990 Condo Market Report September 2018

6 Condos Sold in September. (Down by 1 condo from August)

Palm City FL 34990 Condo Market Report September 2018

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Sales remain difficult in this market as we have a large number f condos in two high fee equity golf club associations where the current market is quite challenging.

The current absorption rate for condos in the 34990 zip code area jumped to 13.8 months (was 10.9 months in September).  Still a buyer’s market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The September 2017 numbers were: 68 active listings, 7 pending sales, and 3 closed sales.  Down slightly this year when compared to September 2017.
Palm City FL 34990 Condo Market Report September 2018
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

Stuart Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report September 2018