Pierpoint Yacht Club October 2017 Market Report

There are 3 active listings in Pierpoint for early October 2017. List prices range from a low of $89,888 up to a high of $129,500 for an average list price of $110,463 which equates to a per sq. ft. price of $100.42.

There are no condos currently under contract.

In the past 12 months, 15 condos have sold in Pierpoint. Sale prices ranged from $85,000 up to $245,000 for an average sales price of $148,553 which equals $117.87 per sq. ft. of living space. These condos were under contract in an average of 79 days and sold at an average of 95% of the list price.

About the Pierpoint Condos in Stuart FL:

This friendly, active 55+ condominium offers two community pools, grills, shuffleboard, a waterfront clubhouse and dock. First floor, end unit overlooking a peaceful courtyard and pond with a fountain. Clean, freshly painted, vacant unit just perfect for you!

Located in the heart of Stuart and on the shores of the wide Saint Lucie River, the Pierpoint Yacht Club Condominiums is the premier adult community in Stuart, Florida. Extremely well maintained complex of 8 buildings, some of which have magnificent water views.

Pierpoint has docks with boat slips for rent as available. Also on this dock is a fishing station and benches for all Pierpoint residents to enjoy and use. Stuart enjoys some of the finest fishing conditions in all of Florida and the east coast.

On the shores of the Saint Lucie River, Pierpoint has a large and active clubhouse with a full kitchen available for members and special occasions. Adjacent to the clubhouse is one of two heated pools, a billiard room, reading library and shuffle board courts. There’s an outdoor lounge for sipping cocktails right on the shores of the wide Saint Lucie River. Lots of green space and ample parking complement this wonderful community.

As of October 2017 the condo fees in Pierpoint were $346.00 per month for a one bedroom condo and $367.00 per month for a two bedroom condo. These fees cover Basic Cable TV, Fire/Liability Insurance, Grounds / Plants, Maintenance Exterior, Manager, Pest Control, Recreational Facility, Roof Maintenance, Trash Removal, Water and Sewer.

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Pierpoint Yacht Club October 2017 Market Report

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Florida Townhouses and Condos August 2017 Market Report

10.03.17 by Gabe Sanders

Florida Townhouses and Condos August 2017 Market Report

The Florida Townhouses and Condos Market Report for August 2017 showed continued growth when compared to last year with a nice rise in new pending sales. Closed sales were up by 2.6% as compared to last month’s increase of 3.6% and new sales under contract (new pending sales) increased by 8.1% (In July there was a 3.6% increase).

Prices continue to go up. Median sales prices were up by 6.3% (was up by 6.8% in July), while the average sales price increased by 5.5% (was up 9.8% in July).

The inventory of active listings decreased by 3.1% from August of last year. For August 2017 we have 5.4 months of inventory (was 5.6 months in July) and compared to 5.7 months for August 2016. We remain in a slight 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 August 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 August 2017 Market Report

Hobe Sound FL 33455 Condo Market Report August 2017

09.29.17 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report August 2017

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

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

There are currently 15 active condo listings. (Decreased by 4 condos from July)

4 Condos are pending and awaiting close. (Up by 1 condo from July)

6 Condos sold in August. (Increased by 6 condos from July)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. A nice increase in sales for the month as compared to no sales for July.

The absorption rate for Hobe Sound condos was 5 months for August as compared to no sales in July). 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 August 2016 numbers were: 4 active listings, 5 pending sales, and 3 closed sales. Better overall activity this year when compared to last year.

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Hobe Sound FL 33455 Condo Market Report August 2017

Palm City FL 34990 Condo Market Report August 2017

09.25.17 by Gabe Sanders

Palm City FL 34990 Condo Market Report August 2017

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

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

There are currently 73 active condo listings. (Decreased by 2 condos from July)

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

8 Condos Sold in August. (Up by 6 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 improved for Palm City condos but remains a difficult market 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 dropped to 9.1 months (was 37.5 months in July). Still in a buyer’s market for Palm City condominiums, but much less extreme than last month. A balanced market is considered to be an absorption rate of around 6 to 7 months.

The August 2016 numbers were: 61 active listings, 8 pending sales and 1 closed sales. Better closed activity this year on increased inventory while pending sales remained unchanged.

Palm City FL 34990 Condo Market Report August 2017

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Palm City FL 34990 Condo Market Report August 2017

Stuart FL 34997 Condo Market Report August 2017

09.21.17 by Gabe Sanders

Stuart FL 34997 Condo Market Report August 2017

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

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

There are currently 44 active condo listings (Decreased by 17 condos from July).

Stuart FL 34997 Condo Market Report August 2017

23 Condo sales are pending and awaiting close or lender approval (Decreased by 9 condos from July).

Stuart FL 34997 Condo Market Report August 2017

17 Condos Sold in August (Decreased by 8 condos from July).

Stuart FL 34997 Condo Market Report August 2017

The Stuart FL condo market for zip code 34997 continues to show very strong activity but also shows a troubling decrease in available condos for sale.

The absorption rate inched down to 2.6 months in August compared to 2.4 months for July. Still in a very strong sellers’ 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 August 2016 numbers were: 65 active listings, 28 pending sales, and 12 closed sales. Better closed sales this year but a decrease in inventory and pending sales.

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

Stuart FL 34996 Condo Market Report August 2017

09.19.17 by Gabe Sanders

Stuart FL 34996 Condo Market Report August 2017

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

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

There are currently 107 active condo listings (Decreased by 15 condos from last month).

39 Condo sales are pending and awaiting close or lender approval (Decreased by 4 condos from July).

28 Condos Sold in August (Up by 7 condos from July)

The Stuart FL 34996 Condo Market of Stuart showed surprisingly stronger activity for August of 2017.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 3.8 months from July’s 5.8 months. A stronger sellers’ 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 August 2016 were: 120 active listings, 33 pending sales and 16 closed sales. Stronger activity for this year when compared to August of 2016.

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Stuart FL 34996 Condo Market Report August 2017

Stuart FL 34994 Condo Market Report August 2017

09.15.17 by Gabe Sanders

Stuart FL 34994 Condo Market Report August 2017

Stuart FL Snapshot for ZIP Code 34994, Condo Sales for August 2017

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

There are currently 70 active condo listings (Down by 7 condos from July).

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

21 Condos Sold in August (Down by 9 condos from July).

The Stuart FL 34994 Condo market continues with strong activity throughout the summer months.

The absorption rate for August edged up to 3.3 months compared to last month’s 2.6. Still in a strong sellers’ 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 August the numbers were 89 active listings, 32 pending sales, and 16 closed sales. Much better activity for this year when compared to August of 2016.

Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 – Condo, August 2017

Florida Townhouses and Condos July 2017 Market Detail

09.07.17 by Gabe Sanders

Florida Townhouses and Condos July 2017 Market Detail

The Florida Townhouses and Condos Market Detail for July 2017 showed continued growth when compared to last year although at a slightly slower rate. Closed sales were up by 3.6% as compared to last month’s increase of 4.9% and new sales under contract (new pending sales) increased by 3.6% (In June there was an 6.4% increase).

Prices rose for the month. Median sales prices were up by 6.8% (was up by 7.2% in June), while the average sales price increased by 9.8% (was up 5.9% in June). Back to steadily increasing values.

The inventory of active listings decreased by 1.2% from July of last year. For July 2017 we have 5.6 months of inventory (was 5.8 months in June) and compared to 5.8 months for July 2016. We remain in a sellers’ 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 detail report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos July 2017 Market Detail

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 July 2017 Market Detail

Four Winds on the River Condo August 2017 Market Report

09.02.17 by Gabe Sanders

Four Winds on the River Condo August 2017 Market Report

There are no condos currently available for sale in Four Winds on the River in Stuart FL.

One condo is under contract. It was listed for $238,900 or $176.96 per sq. ft. of living area.

In the past 12 months, 3 condos has sold in Four Winds. These condos sold for prices ranging from $180,000 up to $249,000 for an average sales price of $220,333 which works out to $162.53 per sq. ft. of living area. These condos sold for an average of 96% of the list price and were on the market for an average of 38 days before going under contract.

About Four Winds on the River in Stuart FL:

A wonderful small condo community on the shores of the wide Saint Lucie River in Stuart, FL, Four Winds on the River was built in 1981 and has seen some major updates and upgrades in recent years. Only 39 units with the availability of two guest suites if needed by residents. All of these condos are 2 BR with the exception of 1 one bedroom unit. Sizes are very generous from 1,900 to 1,350 sq. ft. of living area.

Four Winds on the River real estate

There are ocean access docks suitable for up to a 50′ vessel available for lease. A large riverfront clubhouse with kitchen and ample common areas for events, get-togethers or large parties. Two tennis courts and a heated swimming pool. Four Winds on the River has covered car ports for each condo along with ample guest parking. This is a gated community and the common areas are shared with the small and exclusive community of Snug Harbor West.

Four Winds on the River real estate

The location is exceptional as it is only minutes to the beaches, shopping, medical facilities and downtown Stuart.

Four Winds on the River real estate

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Four Winds on the River Condo August 2017 Market Report

Hobe Sound FL 33455 Condo Market Report July 2017

08.28.17 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report July 2017

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

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

There are currently 19 active condo listings. (Increased by 4 condos from June)

3Condos are pending and awaiting close. (Down by 1 condo from June)

No Condos sold in July. (Decreased by 3 condos from June)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. There were no sales this month and activity is weak.

The absorption rate for Hobe Sound condos cannot be determined for July as there were no sales (was 5 months in June). 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 on 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 July 2016 numbers were: 3 active listings, 6 pending sales and 3 closed sales. Much higher inventory this year and reduced activity.

Search for Hobe Sound FL Condos for Sale Here

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Hobe Sound FL 33455 Condo Market Report July 2017

Palm City FL 34990 Condo Market Report July 2017

08.22.17 by Gabe Sanders

Palm City FL 34990 Condo Market Report July 2017

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

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

There are currently 75 active condo listings. (Unchanged from June)

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

2 Condos Sold in July. (Down by 4 condos from June)

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. Market activity remains pretty slow for Palm City condos and remains a difficult market 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 12.5 months in June). An extreme buyers’ market for Palm City condominiums. A balanced market is considered to be an absorption rate of around 6 to 7 months.

The July 2016 numbers were: 60 active listings, 7 pending sales and 3 closed sales. Invenory has increased from last year and activity is slightly slower as well.

Palm City FL 34990 Condo Market Report July 2017