Circle Bay Waterfront Condos Stuart FL January 2018 Market Report

As of January 2018, there are 12 condos for sale in the Circle Bay Yacht Club of Stuart FL. Listing prices range from $129,000 up to $269,900. The average listing price $186,749 which equals a price per square foot of living area of $181.70.

There is one Circle Bay condo under contract and awaiting close. The list price was $165,000 or $164.84 per sq. ft. of living area. This condo was on the market for 28 days before going under contract.

In the past 12 months, 23 Circle Bay Waterfront Condos have sold. Sales prices ranged from a low of $116,000
up to $245,000 for an average sales price of $175,448 which is $170.98 per sq. ft. These condos sold for an average of 95% of the last listed price and in an average of 85 days on market prior to accepting an offer that resulted in the sale.

About the Circle Bay Yacht Club Condos in Stuart FL:

The Circle Bay condo complex is a 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. Heated pools, clubhouse, grills, etc. are some of the numerous amenities available for residents of the Circle Bay Yacht Club. Rentals are permitted with restrictions. Sorry, no pets. Circle Bay has both elevator and non-elevator buildings. Covered car ports.

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Circle Bay Waterfront Condos Homes for Sale in Palm City Florida

Circle Bay Waterfront Condos Stuart FL January 2018 Market Report

Florida Townhouses and Condos November 2017 Market Report

12.29.17 by Gabe Sanders

Florida Townhouses and Condos November 2017 Market Report

The Florida Townhouses and Condos November 2017 Market Report showed stronger activity as compared to last year. Closed sales were up by 5.8% as compared to last month’s increase of 2.2% and new sales under contract (new pending sales) increased by 9.3% (In October there was a 12.9% increase).

Prices continue to go up. Median sales prices were up by 8.6% (was up by 5.2% in October), while the average sales price increased by 0.8% (was up 6.2% in October).

The inventory of active listings decreased by 3.4% from November of last year. For November 2017 we have 5.7 months of inventory (was 5.6 months in October) and compared to 6.0 months for November 2016. 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.

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 2017 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 2017 Market Report

Hobe Sound FL 33455 Condo Market Report November 2017

12.27.17 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report November 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for November 2017

For November 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 15 active condo listings. (Increased by 2 condos from October)

6 Condos are pending and awaiting close. (Down by 2 condo from October)

3 Condos sold in November. (Up by 2 condos from October)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. Market activity improved this month when compared to last month.

The absorption rate for Hobe Sound condos was 5 months for November as compared to 13 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 2016 numbers were: 11 active listings, 4 pending sales, and 0 closed sales. Somewhat stronger activity this year as compared to last year.

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Hobe Sound FL 33455 Condo Market Report November 2017

Indian Pines Condo End Unit in Stuart FL Under Contract

12.23.17 by Gabe Sanders

Indian Pines Condo End Unit in Stuart FL Under Contract

Ground floor two bedroom unit in sought-after Indian Pines, an all ages and pet-friendly community. Enjoy the central location of this 1,251 SF unit, one of the larger floor plans in the community. A spacious living area with easy access to kitchen, pleasant lake view. Two full bathrooms with private master en-suite. Covered parking for resident’s vehicle. The enclosed patio offers a calming view of the duck pond. This unit also features a private laundry room with full-size washer and dryer. Indian Pines remains a great choice for those seeking a central location with amenities such as community pool, clubhouse, and tennis courts. Easy access to all parts of Stuart, including downtown, beaches, and highways. In vintage, but a cared-for condition, this unit is ready for your personal touch!About Indian Pines in Stuart FL:

Centrally located in Stuart off of Indian Street on Aster Lane lies the Indian Pines condominiums. This complex consists of 20 buildings in two ovals surrounding two lakes. This unique arrangement gives every condo in this complex water views.

Built from 1981 through 1986, Indian Pines are two-story buildings with mostly 2 bedroom, 2 bathroom condos, though there are a few 3 bedroom and 1 bedroom units as well. The 3 bedroom condos have 1,542 sq. ft. of living area, 2 bedroom units vary from 1,251 down to 1,019 sq. ft., while the 1 bedroom condos have 1,011 sq. ft.

There’s a heated pool, clubhouse, and two tennis courts as well as ample parking with some buildings offering covered carports.

As of December 2017, the condo association fees were just under $360 a month for two bedroom condos and less for the few one-bedroom units that occasionally come up for sale. These fees cover water and sewer, common areas, building insurance and maintenance, basic cable TV, landscaping and lawn service, trash pickup and reserve funds.

All ages are welcome. Rentals are allowed in Indian Pines with some restrictions. And, this is one of the few condos in the area that allows up to 2 large pets per owner. Children who live in Indian Pines are zoned to attend J. D. Parker Elementary School, the Dr. David L. Anderson Middle School, and the Martin County High School.

Indian Pines is very conveniently located close to shopping, restaurants and medical facilities. Only a few more minutes to either the beaches or boat ramps of Martin County or to I-95 for those needing to take a trip either north or south.

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Indian Pines Condo End Unit in Stuart FL Under Contract

Palm City FL 34990 Condo Market Report November 2017

12.21.17 by Gabe Sanders

Palm City FL 34990 Condo Market Report November 2017

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for November 2017

For November 2017 in the 34990 Zip Code area of Palm City, Florida :

There are currently 85 active condo listings. (Increased by 10 condos from October)

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

4 Condos Sold in November. (Up by 2 condos from July)

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. For November the market activity increased from last month in all categories for Palm City condos.

The current absorption rate for condos in the 34990 zip code area dropped to 21.25 months (was 37.5 months in July). Now in 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. (A good percentage of the difficult buyer’s market is a result of two equity golf club communities which are having some difficulty with the volume of sales.)

The November 2016 numbers were: 80 active listings, 11 pending sales and 3 closed sales. Slightly better activity for this year when compard to November of 2016.

Palm City FL 34990 Condo Market Report November 2017

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Palm City Florida Real Estate presented by:
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Palm City FL 34990 Condo Market Report November 2017

Stuart FL 34997 Condo Market Report November 2017

12.19.17 by Gabe Sanders

Stuart FL 34997 Condo Market Report November 2017

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for November 2017

For November 2017 in the 34997 Zip Code area of Stuart, Florida:

There are currently 49 active condo listings (Decreased by 4 condos from October).

Stuart FL 34997 Condo Market Report November 2017

30 Condo sales are pending and awaiting close or lender approval (Increased by 5 condos from October).

Stuart FL 34997 Condo Market Report November 2017

10 Condos Sold in November (Unchanged from October).

Stuart FL 34997 Condo Market Report November 2017

The Stuart FL condo market for zip code 34997 had some strong activity even though the inventory is now down to extremely low levels and may impact future sales volume.

The absorption rate decreased to 4.9 months in November compared to 5.3 months for October. Still in a 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 November 2016 numbers were: 73 active listings, 20 pending sales, and 8 closed sales. Much better activity for this year when one considers the greatly reduced inventory of available condos for sale.

Search for All Stuart FL Condos Here

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Stuart FL 34997 Condo Market Report November 2017

Stuart FL 34996 Condo Market Report November 2017

12.15.17 by Gabe Sanders

Stuart FL 34996 Condo Market Report November 2017

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for November 2017

For November 2017 in the 34996 Zip Code area of Stuart, Florida :

There are currently 134 active condo listings (Increased by 4 condos from last month).

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

15 Condos Sold in November (Down by 7 condos from October)

The Stuart FL 34996 Condo Market of Stuart continues with strong activity even though closed sales were off from last month.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 increased to 8.9 months from October’s 5.9 months. Into a buyer’s market for this segment of Martin County condos but now very close to a buyer’s. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for November 2016 were: 153 active listings, 34 pending sales and 12 closed sales. Better activity this year when compared to 2016.

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Stuart FL 34996 Condo Market Report November 2017

Stuart FL 34994 Condo Market Report November 2017

12.13.17 by Gabe Sanders

Stuart FL 34994 Condo Market Report November 2017

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for November 2017

For November 2017 in the 34994 Zip Code area of Stuart, Florida :

There are currently 100 active condo listings (Up by 8 condos from October).

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

21 Condos Sold in November (Increased by 7 condos from October).

The Stuart FL 34994 Condo market showed slow but continued improvement from last month. Both pending and closed sales were up and a small rise in inventory.

The absorption rate for November decreased to 4.8 months compared to last month’s 6.6. Back into a seller’s market for this condo segment of Stuart’s 34994 zip code area after one month of a balanced 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 98 active listings, 30 pending sales, and 20 closed sales. A little bit better activity this year as compared to last year, but very similar.

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Stuart, FL Real Estate

Business Opportunity Properties

- Business Opportunity Properties for Sale in Stuart, Florida Between $0 – $500,000
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- Rental Properties for Rent in Stuart, Florida Between $0 – $500,000

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Residential Income Properties for Sale in Stuart, Florida Between $0 – $500,000

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Stuart FL 34994 Condo Market Report November 2017

Windjammer Waterfront Condos December 2017 Market Report

12.10.17 by Gabe Sanders

Windjammer Waterfront Condos December 2017 Market Report

As of December 2017, there are 5 condos on the market in the Windjammer Yacht Club of Stuart FL. Listing prices range from $178,500 up to $229,900. The average list price is $215,460 which equates to a price per square foot of living area of $180.91.

Currently, there are 2 condos under contract which has not sold as of this writing. These condos were listed for $235,000 and $312,500 for an average list price of $273,750 or $229.85 per sq. ft. of living area and went under contract 108 days after it was listed.

In the past 12 months, 9 Windjammer Waterfront Condos have sold. Sales prices ranged from $130,000 up to $300,000 for an average sales price of $205,044 which equals $172.16 per sq. ft. These condos sold for an average of 94% of the last list price and were on the market for an average of 130 days prior to accepting an offer.

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.

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.

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Windjammer Waterfront Condos Homes for Sale in Palm City Florida

Windjammer Waterfront Condos December 2017 Market Report

Florida Townhouses and Condos October 2017 Market Report

12.04.17 by Gabe Sanders

Florida Townhouses and Condos October 2017 Market Report

The Florida Townhouses and Condos October 2017 Market Report showed stonger activity as compared to last year. Closed sales were up by 2.2% as compared to last month’s decrease of 15.9% and new sales under contract (new pending sales) increased by 12.9% (In September there was a 32.7% decrease).

Prices continue to go up. Median sales prices were up by 5.2% (was up by 8.1% in September), while the average sales price increased by 6.2% (was up 7.9% in September).

The inventory of active listings decreased by 3.4% from October of last year. For October 2017 we have 5.6 months of inventory (was 5.5 months in September) and compared to 5.9 months for October 2016. 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.

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 2017 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 2017 Market Report

Hobe Sound FL 33455 Condo Market Report October 2017

11.30.17 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report October 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for October 2017

For October 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 13 active condo listings. (Decreased by 4 condos from September)

8 Condos are pending and awaiting close. (Up by 5 condo from September)

1 Condos sold in October. (Unchanged from September)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. Inventory dropped this month while sales remained slow. There was a good jump in pending sales which could have a positive impact on future closed sales.

The absorption rate for Hobe Sound condos was 13 months for October as compared to 17 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 2016 numbers were: 6 active listings, 1 pending sales, and 1 closed sales. Slightly higher activity this year as compared to last year.

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

Search for Hobe Sound FL Condos for Sale Here

Hobe Sound Florida Real Estate presented by:
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Hobe Sound FL 33455 Condo Market Report October 2017

Palm City FL 34990 Condo Market Report October 2017

11.24.17 by Gabe Sanders

Palm City FL 34990 Condo Market Report October 2017

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for October 2017

For October 2017 in the 34990 Zip Code area of Palm City, Florida :

There are currently 75 active condo listings. (Increased by 7 condos from September)

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

2 Condos Sold in October. (Down by 1 condos from July)

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. Market activity dropped for Palm City condos and this segment remains a difficult one for sellers. (Though a good part of this difficulty comes from two equity golf club communities.)

The current absorption rate for condos in the 34990 zip code area jumped to 37.5 months (was 22.7 months in July). Now in 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 October 2016 numbers were: 76 active listings, 9 pending sales and 5 closed sales. Better activity last year.

Palm City FL 34990 Condo Market Report October 2017

Are you interested in the value of your Palm City FL Condo?
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