Hobe Sound FL 33455 Condo Market Report December 2015

Hobe Sound FL 33455 Condo Market Report December 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for December 2015

For December 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 4 active condo listings. (Unchanged from November)

Hobe Sound FL 33455 Condo Market Report December 2015

1 Condos are pending and awaiting close. (Unchanged from November)

Hobe Sound FL 33455 Condo Market Report December 2015

1 Condos sold in November (Unchanged from November)

Hobe Sound FL 33455 Condo Market Report December 2015

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  With only 4 actively listed condos, there’s just not that many options out there for buyers.  Amazingly, there were no changes from last month at all.

The current absorption rate is 4 months (Unchanged from last month).  This absorption rate should be taken with a liberal grain of salt, as small changes in activity make for very large changes on percentages that may 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 December 2014 numbers were: 13 active listings, 6 pending sales and 5 closed sales.  Much better activity last year with considerably more inventory to work with.

Hobe Sound FL 33455 Condo Market Report December 2015

Search Hobe Sound Condominium Properties by Price

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Hobe Sound FL 33455 Condo Market Report December 2015

Rocky Point Condo in Boating Community Sold

Rocky Point Condo in Boating Community Sold

If you were waiting for a better price or a better time to purchase this Rocky Point condo in the Moorings of Manatee, you waited too long.  The Gabe Sanders BlueWater realty team has just completed this sale to a buyer who saw the video on the Internet on our site.  The sales price was $152,000.

Beautiful 2nd floor, end unit in the boating community of the Moorings of Manatee. Bright and airy with updated kitchen, newer appliances and open floor plan. Unit has a pool view with a peek-a-boo view of the water. There are 2 assigned parking spaces, accordion hurricane shutters with tile on the patio. Unit has been well maintained with the following updates: new roof 2006, new porch screen 2014, new a/c compressor 2011, new kitchen cabinets 2005, refrigerator & washer/dryer 3 years old, stove & dishwasher 5 years old. Fish off the dock. Docks may be available to purchase or lease. Ocean access with 1 fixed bridge (9’ clearance). Florida living at its finest.

 Moorings of Manatee Condo in Rocky Point Moorings of Manatee Condo in Rocky Point

Moorings of Manatee Condo in Rocky Point Moorings of Manatee Condo in Rocky Point

Search here for all available Moorings of Manatee Condos in Rocky Point

Moorings of Manatee Condo in Rocky Point Moorings of Manatee Condo in Rocky Point

Stuart FL 34997 Condo Market Report December 2015

Stuart FL 34997 Condo Market Report December 2015

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2015

For December 2015 in the 34997 Zip Code area of Stuart, Florida :

There are currently 63 active condo listings (Up by 5 condos from November).

Stuart FL 34997 Condo Market Report December 2015

19 Condo sales are pending and awaiting close or lender approval (Decreased by 10 condos from November).

Stuart FL 34997 Condo Market Report December 2015

21 Condos Sold in December (Increased by 12 condos from November).

Stuart FL 34997 Condo Market Report December 2015

     The Stuart FL condo market for zip code 34997 continues with excellent activity for December.  Our inventory rose for the fifth month in a row and we now have surpassed last years active number of condos for sale.  Pending sales were off unfortunately, but there was a very strong month of closed sales in December.
     The one month absorption rate plunged to 3 months from 6.4 months for November.  Back into a strong sellers market after last months balanced market. Continuing a trend prevalent for most of the past year.  A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The December 2014 numbers were: 44 active listings, 15 pending sales and 5 closed sales.  Much better closed activity this year as compared to 2014.  Encouragingly, the inventory of condos in the 34997 zip code is up from last year.

Stuart FL 34997 Condo Market Report December 2015

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2015

Stuart FL 34996 Condo Market Report December 2015

Stuart FL 34996 Condo Market Report December 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for December 2015

For December 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 102 active condo listings (Up by 8 condos last month).

Stuart FL 34996 Condo Market Report December 2015

31 Condo sales are pending and awaiting close or lender approval (Decreased by 1 condos from November).

Stuart FL 34996 Condo Market Report December 2015

18 Condos Sold in December (Increased by 2 condos from November) 

Stuart FL 34996 Condo Market Report December 2015

The Stuart FL 34996 Condo Market of Stuart continues to do well.  Another increase in inventory that we were in bad need of.  And, pending and closed sales continue to do well.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 decreased to 5.7 months from November’s 5.9 months.  A small move towards a sellers market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for December 2014 were: 142 active listings, 47 pending sales and 21 closed sales.  Somewhat slower market activity for 2015 as compared to last year, though in large measure due to the reduced inventory of available condos for sale.

Stuart FL 34996 Condo Market Report December 2015

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Stuart FL 34996 Condo Market Report December 2015

Stuart FL 34994 Condo Market Report December 2015

Stuart FL 34994 Condo Market Report December 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for December 2015

For December 2015 in the 34994 Zip Code area of Stuart, Florida :

There are currently 93 active condo listings (Down by 3 condos from November).

Stuart FL 34994 Condo Market Report December 2015

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

Stuart FL 34994 Condo Market Report December 2015

17 Condos Sold in December (Up by 4 condos from November).

Stuart FL 34994 Condo Market Report December 2015

The Stuart FL 34994 Condo made a nice comeback for December.  Somewhat surprising as we are not yet into the start of the peak seasonal condo market.  But, it’s welcome none the less.

The one month absorption rate dropped to 5.5 months compared to last month’s 7.4.   Back into a sellers 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 December the numbers were 95 active listings, 29 pending sales, and 10 closed sales.   Better activity this year with very similar inventory levels..

Stuart FL 34994 Condo Market Report December 2015

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Stuart Florida Market Report ZIP Code 34994 – Condo, December 2015

Rocky Point Condo in Boating Community Under Contract

Rocky Point Condo in Boating Community Under Contract

There’s a new price for this condo in the Moorings of Manatee in Rocky Point in Stuart FL by the Gabe Sanders BlueWater realty team.  This is a well maintained 2 bedroom, 2 bathroom condo in a boating community.  Now available for $161,900.

Moorings of Manatee Condo in Rocky Point

Beautiful 2nd floor, end unit in the boating community of the Moorings of Manatee. Bright and airy with updated kitchen, newer appliances and open floor plan. Unit has a pool view with a peek-a-boo view of the water. There are 2 assigned parking spaces, accordion hurricane shutters with tile on the patio. Unit has been well maintained with the following updates: new roof 2006, new porch screen 2014, new a/c compressor 2011, new kitchen cabinets 2005, refrigerator & washer/dryer 3 years old, stove & dishwasher 5 years old. Fish off the dock. Docks may be available to purchase or lease. Ocean access with 1 fixed bridge (9’ clearance). Florida living at its finest.

 Moorings of Manatee Condo in Rocky Point Moorings of Manatee Condo in Rocky Point

Moorings of Manatee Condo in Rocky Point Moorings of Manatee Condo in Rocky Point

Search here for all available Moorings of Manatee Condos in Rocky Point

Moorings of Manatee Condo in Rocky Point Moorings of Manatee Condo in Rocky Point

January 2016 Market Report Circle Bay Waterfront Condos Stuart FL

January 2016 Market Report Circle Bay Waterfront Condos Stuart FL

As of January 2016, there are 7 condos for sale in the Circle Bay Yacht Club  of Stuart FL.   Listing prices range from $149,900 to $215,000.  The average listing price $176,528 which equals a price per square foot of living area of $176.93.

There are 4 Circle Bay condos under contract and awaiting close.  The list prices are from $129,900 to $259,000 for an average list price of $174,400 which equals $162.18 per sq. ft. of living area.  These condos averaged 123 days on market prior to receiving an acceptable offer.

In the past 12 months, 19 Circle Bay Waterfront Condos have sold.  Sales prices ranged from $90,000 to $220,000 for an average sales price of $160,060 which is $154.08 per sq. ft.  These condos sold for an average of 94% of the last listed price and in an average of 118 days on market prior to accepting an offer that resulted in the sale.

Circle bay Yacht Club Stuart FL Circle bay Yacht Club Stuart FLThe 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.

Circle bay Yacht Club Stuart FL Circle bay Yacht Club Stuart FL

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Circle Bay Waterfront Condos Homes for Sale in Palm City Florida

 

January 2016 Market Report Circle Bay Waterfront Condos Stuart FL

Updated Pierpoint Condo Reduced

Updated Pierpoint Condo Reduced

Best location in Stuart, FL.  You can make this Pierpoint condo yours for the affordable price of $91,000.

This is the perfect winter getaway from those cold northern winters. With the opportunity to have your own boat only steps away to enjoy fishing or the many waterways of the Treasure Coast of Florida. Or, for some a great new permanent residence with no lawns to mow or exterior maintenance to worry about.

Pierpoint Condos in Stuart FL

Nicely updated 1 bedroom, 1 and ½ bathroom condo in Pierpoint. Serene pond views from the balcony of this surprisingly spacious condo. Kitchen has granite tile counter-tops and upgraded white cabinets. This unit comes fully furnished and in move in condition. Pierpoint is a waterfront community with dockage available for lease at very reasonable rates as well as kayak storage. There are two community pools, clubhouse with full kitchen, fitness room and a library. Fantastic location in the heart of Stuart only minutes to shopping, downtown, medical facilities and the beaches, yet still in a quiet residential area. Pierpoint is an adult community and no pets are allowed. Opportunities like this don’t come often.

Pierpoint Condos in Stuart FL Pierpoint Condos in Stuart FL

Pierpoint Condos in Stuart FL Pierpoint Condos in Stuart FL Pierpoint Condos in Stuart FL

About Pierpoint Condominiums

This friendly, active 55+ condominium offers two community pools, grills, shuffleboard, a waterfront clubhouse and dock. 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 Condos in Stuart FL Pierpoint Condos in Stuart FL

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.

Pierpoint Condos in Stuart FL Pierpoint Condos in Stuart FL

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.

Pierpoint Condos in Stuart FL Pierpoint Condos in Stuart FL Pierpoint Condos in Stuart FL

 Search for all Pierpoint Yacht Club Condos for Sale in Stuart Florida Real Estate

Updated Pierpoint Condo Reduced

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Amazing New Price Moorings of Manatee Condo

Amazing New Price Moorings of Manatee Condo

There’s a new price for this condo in the Moorings of Manatee in Rocky Point in Stuart FL by the Gabe Sanders BlueWater realty team.  This is a well maintained 2 bedroom, 2 bathroom condo in a boating community.  Now available for $160,900. Hurry, I don’t think it will last long at this price.

Beautiful 2nd floor, end unit in the boating community of the Moorings of Manatee. Bright and airy with updated kitchen, newer appliances and open floor plan. Unit has a pool view with a peek-a-boo view of the water. There are 2 assigned parking spaces, accordion hurricane shutters with tile on the patio. Unit has been well maintained with the following updates: new roof 2006, new porch screen 2014, new a/c compressor 2011, new kitchen cabinets 2005, refrigerator & washer/dryer 3 years old, stove & dishwasher 5 years old. Fish off the dock. Docks may be available to purchase or lease. Ocean access with 1 fixed bridge (9’ clearance). Florida living at its finest.

 Moorings of Manatee Condo in Rocky Point Moorings of Manatee Condo in Rocky Point

Moorings of Manatee Condo in Rocky Point Moorings of Manatee Condo in Rocky Point

Search here for all available Moorings of Manatee Condos in Rocky Point

Moorings of Manatee Condo in Rocky Point Moorings of Manatee Condo in Rocky Point

November 2015 Monthly Market Detail Florida Townhouses and Condos

November 2015 Monthly Market Detail Florida Townhouses and Condos

The November 2015 Monthly Market Detail Florida Townhouses and Condos had a better month than last month and is continuing with mostly positive results. Closed sales were up by 5.7% as compared to last months decrease of 0.9% and new sales under contract (new pending sales) decreased by 7.2% (In October there was a 4.2% decrease).

Both median and average sales prices continue their increases, with rises of (year to year) 7.1% and 8.2% respectively (in October they were up by 7.2% and 2.4%).  Prices continue to increase at a moderate pace.

The inventory decreased by 7.7% from November of last year.  For November 2015 we have 5.5 months of inventory (was 5.3 months in October) also was 6.0 from last November.  A continued sellers market for now, as a 6 months inventory supply is considered a balanced market.

November 2015 Monthly Market Detail Florida Townhouses and Condos

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:
November 2015 Monthly Market Detail Florida Townhouses and Condos

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.

November 2015 Monthly Market Detail Florida Townhouses and Condos

Hobe Sound FL 33455 Condo Market Report November 2015

Hobe Sound FL 33455 Condo Market Report November 2015

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for November 2015

 

For November 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 4 active condo listings. (Unchanged from October)

Hobe Sound FL 33455 Condo Market Report November 2015

1 Condos are pending and awaiting close. (Up by 1 condos from October)

Hobe Sound FL 33455 Condo Market Report November 2015

1 Condos sold in October (Decreased by 2 condos from October)

Hobe Sound FL 33455 Condo Market Report November 2015

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  With only 4 actively listed condos, there’s just not that many options out there for buyers.  Any one considering selling their Hobe Sound condo, the time couldn’t be better than right now.

The current absorption rate is 4 months (Last month it was 1.3 months).  This absorption rate should be taken with a liberal grain of salt, as small changes in activity make for very large changes on percentages that may 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 2014 numbers were: 9 active listings, 4 pending sales and 4 closed sales.  Much better volume last year.  But there was over twice the inventory as well.

Hobe Sound FL 33455 Condo Market Report November 2015

Search Hobe Sound Condominium Properties by Price

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report November 2015

 

December 2015 Market Update Windjammer Waterfront Condos Stuart FL

December 2015 Market Update Windjammer Waterfront Condos Stuart FL

As of December 2015, there are 4 condos on the market in the Windjammer Yacht Club  of Stuart FL.   Listing prices range from $149,900 to $247,500.  The average list price is $188,700 which equates to a price per square foot of living area of $158.44.

Currently, there are 2 condos under contract which have not sold as of this writing.  These 2 condos were listed for $139,900 and $185,000 for an average list price of $162,450 or $136.40 per sq. ft. of living area.  These two condos averaged 176 days on market prior to receiving an accepted offer.

In the past 12 months, 16 Windjammer Waterfront Condos have sold.  Sales prices ranged from $90,000 to $236,000 for an average sales price of  $146,821 which equals $122.82 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 97 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

 

December 2015 Market Update Windjammer Waterfront Condos Stuart FL

Updated Pierpoint Condo Just Listed

Updated Pierpoint Condo Just Listed

Best location in Stuart, FL.  You can make this Pierpoint condo yours for the affordable price of $92,000.

This is the perfect winter getaway from those cold northern winters. With the opportunity to have your own boat only steps away to enjoy fishing or the many waterways of the Treasure Coast of Florida. Or, for some a great new permanent residence with no lawns to mow or exterior maintenance to worry about.

Pierpoint Condos in Stuart FL

Nicely updated 1 bedroom, 1 and ½ bathroom condo in Pierpoint. Serene pond views from the balcony of this surprisingly spacious condo. Kitchen has granite tile counter-tops and upgraded white cabinets. This unit comes fully furnished and in move in condition. Pierpoint is a waterfront community with dockage available for lease at very reasonable rates as well as kayak storage. There are two community pools, clubhouse with full kitchen, fitness room and a library. Fantastic location in the heart of Stuart only minutes to shopping, downtown, medical facilities and the beaches, yet still in a quiet residential area. Pierpoint is an adult community and no pets are allowed. Opportunities like this don’t come often.

Pierpoint Condos in Stuart FL Pierpoint Condos in Stuart FL

Pierpoint Condos in Stuart FL Pierpoint Condos in Stuart FL Pierpoint Condos in Stuart FL

About Pierpoint Condominiums

This friendly, active 55+ condominium offers two community pools, grills, shuffleboard, a waterfront clubhouse and dock. 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 Condos in Stuart FL Pierpoint Condos in Stuart FL

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.

Pierpoint Condos in Stuart FL Pierpoint Condos in Stuart FL

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.

Pierpoint Condos in Stuart FL Pierpoint Condos in Stuart FL Pierpoint Condos in Stuart FL

 Search for all Pierpoint Yacht Club Condos for Sale in Stuart Florida Real Estate

Updated Pierpoint Condo Just Listed

View all of our Listings

Stuart Florida Real Estate presented by:
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Stuart FL 34997 Condo Market Report November 2015

Stuart FL 34997 Condo Market Report November 2015

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for November 2015

 

For November 2015 in the 34997 Zip Code area of Stuart, Florida :

There are currently 58 active condo listings (Down by 1 condos from October).

Stuart FL 34997 Condo Market Report November 2015

29 Condo sales are pending and awaiting close or lender approval (Increased by 8 condos from October).

Stuart FL 34997 Condo Market Report November 2015

9 Condos Sold in November (Decreased by 3 condos from October).

Stuart FL 34997 Condo Market Report November 2015

     The Stuart FL condo market for zip code 34997 showed positive results for November.  Our inventory rose for the fourth month in a row and we  now have surpassed last years figures.  Pending sales rose by a good margin while closed sales were off.  Indications look very positive for the height of the season for condos coming in the next few months.
     The one month absorption rate increased to 6.4 months from 4.9 months for October.  Back into a balanced market after last months sellers market. Continuing a trend prevalent for most of the past year.  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 2014 numbers were: 51 active listings, 25 pending sales and 10 closed sales.   Very similar volume of sales and pending sales to last year.  Encouragingly, the inventory of condos in the 34997 zip code is up from last year.

Stuart FL 34997 Condo Market Report November 2015

Search for Stuart Condos for Sale by Price:

Stuart Florida Real Estate presented by:
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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for November 2015

 

 

Stuart FL 34996 Condo Market Report November 2015

Stuart FL 34996 Condo Market Report November 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for November 2015

For November 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 94 active condo listings (Up by 15 condos last month).

Stuart FL 34996 Condo Market Report November 2015

32 Condo sales are pending and awaiting close or lender approval (Increased by 3 condos from October).

Stuart FL 34996 Condo Market Report November 2015

16 Condos Sold in November (Decreased by 10 condos from October) 

Stuart FL 34996 Condo Market Report November 2015

The Stuart FL 34996 Condo Market of Stuart continues to do well.  The inventory had a nice increase, now two months in a row, as well as an increase in the number of pending sales.  Unfortunately, closed sales were off for November.  Though, I suspect the number of sales will rise dramatically as we enter the season in the next few months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 5.9 months from October’s 3.0 months.  Approaching a balanced market after numerous months of a very strong sellers market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for November 2014 were: 144 active listings, 48 pending sales and 24 closed sales.  Much better closed and pending volume last year, though the inventory of available condos is still lower by a considerable margin.

Stuart FL 34996 Condo Market Report November 2015

Search Stuart FL Condos by Price Below:

Stuart Florida Real Estate presented by:
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Stuart FL 34996 Condo Market Report November 2015

Stuart FL 34994 Condo Market Report November 2015

Stuart FL 34994 Condo Market Report November 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for November 2015

For November 2015 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 96 active condo listings (Up by 9 condos from October).

Stuart FL 34994 Condo Market Report November 2015

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

Stuart FL 34994 Condo Market Report November 2015

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

Stuart FL 34994 Condo Market Report November 2015

The Stuart FL 34994 Condo market retreated a bit in November.  While this is not unexpected as we are into the off season for condos, it is still less than last year at this time.  Hopefully the increased inventory will result in some better activity as we come into the high season for condo activity.

The one month absorption rate increased to 7.4 months compared to last month’s 5.8.   Back into a buyers 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 90 active listings, 27 pending sales, and 18 closed sales.   Our current inventory surpassed last years’ which is a positive sign.  Unfortunately closed and pending sales were not as strong as they were last year.

Stuart FL 34994 Condo Market Report November 2015

Search for Stuart FL Condos by Price Below:

Stuart Florida Real Estate presented by:
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Stuart Florida Market Report ZIP Code 34994 – Condo, November 2015

New Price for this Oceana South Corner Unit

New Price for this Oceana South Corner Unit

Reduced to $359,900.  Great value for this completely updated ocean front condo with amazing views!

Oceana South Condos in Jensen Beach

Spectacular views, completely updated, southeast exposure, wraparound balcony, corner unit, 8th floor with ocean and river views in Oceana South. Travertine 18″ diagonal tile, updated stainless steel and granite kitchen, breakfast bar. Walk-in closets in both bedrooms, new vanities and light fixtures in both baths, hurricane accordion shutters. Amenities include 2 swimming pools, 1 heated, a jacuzzi spa, gazebo, picnic tables, outdoor grill, exercise room, banquet room, library in clubhouse, and 2 large screen TVs with sitting areas. This is a secure building with a gated entry and secured lobby area. Boardwalk to beach. Florida living at it’s finest. Best gated building with great reserves and management.

Oceana South Condos in Jensen Beach

The Oceana South Condo building on Hutchinson Island in Jensen Beach FL was completed in 1982.  This is a direct ocean front building with 126 units in 12 stories.  Oceana South has two pools, Jacuzzi, tennis courts, exercise room, billiards, club house, picnic area, car wash and is a gated complex with direct access to your own beach.

Oceana South Condos in Jensen Beach Oceana South Condos in Jensen Beach

Condo sizes vary from corner units with wrap around balconies that have 2 bedrooms and 2 bathrooms and feature 1,119 sq. ft. of living area under air, while the interior 2 bedroom, 2 bath condos have 1,023 sq. ft. with smaller balconies.  There are also 1 bedroom, 2 bath units with 89 sq. ft. of living area.  One lucky owner does have a penthouse double unit with 2,142 sq. ft. with 3 bedrooms and 3 baths.

Oceana South Condos in Jensen Beach Oceana South Condos in Jensen Beach

Condo fees as of the time this information was written (Jan 2015), range from $1,350 to $1,475 per quarter.  These fees include building insurance, reserve funds, management and use of all the common areas.  1 pet under 30 lbs. is permitted (or two pets of 15 lbs. or less) and rentals are allowed with a minimum duration limit.

Oceana South Condos in Jensen Beach Oceana South Condos in Jensen Beach

Oceana South is an excellent choice for those wishing to escape the harsh northern winters and enjoy a relaxing beach lifestyle with wonderful friendly neighbors.

Search here for currently available Oceana South Condos in Jensen Beach

Search the MLS for Sandpebble Condos

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AdmiralAtlantisClaridgeDune WalkEmpressIsland Club –  Island CrestIsland DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana NorthOceana OceanfrontOcean TowersOceanrise  – Ocean Bay VillasPrincess –  RegencySand Dollar ShoresSea WindsVilla del Sol

Rocky Point Condo in Boating Community Reduced

Rocky Point Condo in Boating Community Reduced

There’s a new price for this condo in the Moorings of Manatee in Rocky Point in Stuart FL by the Gabe Sanders BlueWater realty team.  This is a well maintained 2 bedroom, 2 bathroom condo in a boating community.  Now available for $161,900.

Moorings of Manatee Condo in Rocky Point

Beautiful 2nd floor, end unit in the boating community of the Moorings of Manatee. Bright and airy with updated kitchen, newer appliances and open floor plan. Unit has a pool view with a peek-a-boo view of the water. There are 2 assigned parking spaces, accordion hurricane shutters with tile on the patio. Unit has been well maintained with the following updates: new roof 2006, new porch screen 2014, new a/c compressor 2011, new kitchen cabinets 2005, refrigerator & washer/dryer 3 years old, stove & dishwasher 5 years old. Fish off the dock. Docks may be available to purchase or lease. Ocean access with 1 fixed bridge (9’ clearance). Florida living at its finest.

 Moorings of Manatee Condo in Rocky Point Moorings of Manatee Condo in Rocky Point

Moorings of Manatee Condo in Rocky Point Moorings of Manatee Condo in Rocky Point

Search here for all available Moorings of Manatee Condos in Rocky Point

Moorings of Manatee Condo in Rocky Point Moorings of Manatee Condo in Rocky Point

October 2015 Monthly Market Detail Florida Townhouses and Condos

October 2015 Monthly Market Detail Florida Townhouses and Condos

The October 2015 Monthly Market Detail Florida Townhouses and Condos showed weaker closed results from last year as prices continue to increase and inventory continues to decrease. Closed sales were down  by 0.9% as compared to last months increase of 8.4% and new sales under contract (new pending sales) decreased by 4.2% (In August there was a 5.5% decrease).

Both median and average sales prices continue their increases, with rises of (year to year) 7.2% and 2.4% respectively (in August they were up by 5.1% and 2.9%).  The rate of these price increases remain fairly strong, though not quite as strong as earlier in the year.

The inventory decreased by 3.4% from October of last year.  For October 2015 we have 5.3 months of inventory (was 5.2 months in September) also was 5.9 from last October.  A continued sellers market for now, as a 6 months inventory supply is considered a balanced market.

Florida Townhouses and Condos

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October 2015 Monthly Market Detail Florida Townhouses and Condos

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.

October 2015 Monthly Market Detail Florida Townhouses and Condos

Hobe Sound FL 33455 Condo Market Report October 2015

Hobe Sound FL 33455 Condo Market Report October 2015

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for October 2015

 

For October 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

 

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

Hobe Sound FL 33455 Condo Market Report October 2015

0 Condos are pending and awaiting close. (Down by 4 condos from September)

3 Condos sold in September (Increased by 1 condos from September)

Hobe Sound FL 33455 Condo Market Report October 2015

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  The current inventory doubled from last month, but it’s still only 4 active listings.  And, with no pending listings, I’m not expecting any great activity in the coming months until we get some more condos available for sale in Hobe Sound.

The current absorption rate is 1.3 months (Last month it was 1 months).  This absorption rate should be taken with a liberal grain of salt, as small changes in activity make for very large changes on percentages that may 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 2014 numbers were: 19 active listings, 5 pending sales and 1 closed sales.  We actually have better closed sales for this year as compared to last year.  But with no inventory and no pending sales it doesn’t look very promising for the future.

Hobe Sound FL 33455 Condo Market Report October 2015

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Hobe Sound FL 33455 Condo Market Report October 2015