Martin County Condo Market Report through November 2009

Condo sales remained relatively steady through our historically slow time for condo sales. Prices have appeared to stabilize for the time being.

Martin County Condominiu Absorption Rate

The Definition of Absorption Rate:
Number of weeks it takes to sell the current inventory at the present rate of sales. Knowing your area’s Absorption Rate, helps to track trends. Understanding the market and where it is headed is part of our job as real estate professionals. Absorption rate is NOT an exact science. Figuring it is based on the premise that one will be looking for a TREND. It is advised to consistently do the numbers each month, to be able to track a trend.

 

Data compiled from the Realtor Association of Martin County

the Gabe Sanders real estate team

Stuart Florida Real Estate

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Price Reduced on Updated Evergreen Condo for Sale in Port Saint Lucie, Florida


Wonderfully updated 2 bedroom, 2 bathroom, 1st floor corner comes condo in Evergreen at Port Saint Lucie. Superior location by the new Saint Lucie County civic center, within walking distance to the hospital, banks, shopping and restaurants. Ceramic tile in all living areas and newer carpets in the bedrooms. Updated bathrooms. Evergreen features two community pools and numerous lakes with fountains. An excellent opportunity for a first time home buyer or for an inexpensive Florida second home.

the Gabe Sanders real estate team

Stuart Florida Real Estate

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Search the Martin County MLS

 

Updated Condo for Sale in Port Saint Lucie

Wonderfully updated 2 bedroom, 2 bathroom, 1st floor corner comes condo in Evergreen at Port Saint Lucie. Superior location by the new Saint Lucie County civic center, within walking distance to the hospital, banks, shopping and restaurants. Ceramic tile in all living areas and newer carpets in the bedrooms. Updated bathrooms. Evergreen features two community pools and numerous lakes with fountains. An excellent opportunity for a first time home buyer or for an inexpensive Florida second home.
the Gabe Sanders real estate team

Stuart Florida Real Estate

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Price Reduced on1590 SE Sheffield Ter. in Lexington Lakes Stuart Florida

Lexington Lakes, Stuart – Announcing a price reduction on 1590 SE Sheffield Ter.Unit 201, a 1,417 sq. ft., 2 bath, 3 bdrm “2’nd floor condo”. Now $135,000 – Affordable Living.

New construction with outstanding location across from pool and clubhouse. This is a Hampshire model, spacious 3 BR 2 BA and 1 car garage condo. Close to highways, beaches, shopping & restaurants. Amenities include a community clubhouse, playground and pool. In addition, pest defense system, hazard insurance, alarm monitoring and basic cable TV is included in monthly maintenance. Gated community in Martin County with our “A” rated school system.

Property information

206-20 NE Plantation Rd. in Hutchinson Island is Sold!

Hutchinson Island, Stuart – Immaculate and updated 2/2 Condo in Indian River Plantation has been sold. Second sale in IRP this month by the Gabe Sanders real estate team
Property information
Additional information available at  http://www.gabesanders.com/