VilaBella Town-Home Condos in Stuart FL August 2019 Market Report

08.03.19 by

VilaBella Town-Home Condos in Stuart FL August 2019 Market Report


For August 2019, there are no townhomes for sale in VilaBella.

There are no pending sales currently in Vilabella

In the past 12 months, only 1 VilaBella townhome has sold. The sales price was $191,000 or $118.86 per sq. ft. of living area.  This home sold for 101% of list price and was on the marlet for 146 days before going under contract.

About Vilabella in Stuart FL:

VilaBella Central Parkway Condos in Stuart, Florida

Entrance to VilaBella Town-Home Condos

 Officially known as Vilabella Central Park Condos in Stuart FL this community is made up of 112 attached townhome style condos that were built in 2006.  These homes range in size from 3 Bedroom, 3 Bath (two-level) units with 1,607 sq. ft. of living area down to 2 Bedroom, 2 Bath townhomes with 1,072 sq. ft. of living area.  All Vilabella townhomes come with a single car garage.  There is also a community pool for the residents’ enjoyment.

VilaBella Town Home Condos in Stuart, FloridaVilabella townhomes are very conveniently located off SE Central Parkway with easy access to Kanner Highway as well as US-1.  Very easy access to shopping, restaurants and downtown Stuart.  Also, an excellent location for those wishing to access I-95 and commute to points both North and South.

VilaBella Town Home Condos in Stuart, Florida2 large pets are permitted.  The HOA fees vary from $295.00 to $316.00 a month depending on the size and location of the unit.  Since these units are deeded as condos, these fees cover insurance and exterior maintenance as well as common area fees, management, cable TV, pest control, recreational facilities, etc.

Search here for Vilabella Townhomes for Sale

VilaBella Town-Home Condos in Stuart FL August 2019 Market Report

 

Stuart Florida Real Estate presented by
the Gabe Sanders real estate team

Florida Townhouses and Condos June 2019 Market Report

08.02.19 by

Florida Townhouses and Condos June 2019 Market Report

The Florida Townhouses and Condos Market Report for June 2019 had weaker sales activity when compared to last June.  Closed sales were down by 9.4% as compared to last month’s increase of 1.6% and new sales under contract (new pending sales) decreased by 1.5% (In May there was a 0.5% increase).

Prices were mixed for the month of June.  The median sales price was up by 2.6% (was up by 3.7% in May), while the average sales price decreased by 4.0% (was down 1.2% in May).

The inventory of active listings increased by 4.6% from June of last year.  We now have 5.7 months of inventory as compared to 5.5 months for June 2018.  Remaining 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.

Florida Townhouses and Condos June 2019 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 June 2019 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 June 2019 Market Report

Hobe Sound FL 33455 Condo Market Report June 2019

07.31.19 by

Hobe Sound FL 33455 Condo Market Report June 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for June 2019

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

There are currently 12 active condo listings. (Up by 3 condos from May)

Hobe Sound FL 33455 Condo Market Report June 2019

3 Condos are pending and awaiting close. (Unchanged from May)

Hobe Sound FL 33455 Condo Market Report June 2019

1 Condo sold in June. (Down by 2 condos from May)

Hobe Sound FL 33455 Condo Market Report June 2019

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Even with these small number of available condos for sale, the activity remains strong.  This month was slow for closed sales but with an increase in inventory, I expect better results in the coming months.

The absorption rate for Hobe Sound condos was 12 months for June (it was 3.0 months for May).  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 June 2018 numbers were: 4 active listings, 5 pending sales, and 3 closed sales.  A better volume of sales and pending sales last year.  TThere is a little greater inventory of condos this year.

Hobe Sound FL 33455 Condo Market Report June 2019

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

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Hobe Sound FL 33455 Condo Market Report June 2019

Stuart FL 34997 Condo Market Report June 2019

07.29.19 by

Stuart FL 34997 Condo Market Report June 2019

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for June 2019

For June 2019 in the 34997 Zip Code area of Stuart, Florida:

There are currently 56 active condo listings (Up by 4 condos from May).

Stuart FL 34997 Condo Market Report June 2019

15 Condo sales are pending and awaiting close (Down by 18 condos from May).

Stuart FL 34997 Condo Market Report June 2019

11 Condos Sold in June (Down by 8 condos from May).

Stuart FL 34997 Condo Market Report June 2019

      The Stuart FL condo market for zip code 34997 continues to be active but it did slow down from the past few months.

     The absorption rate increased to 5.1 months in June compared to 2.7 months for May.  Continuing as a seller’s market for condos in the 34997 zip code of Stuart FL, but approaching a balanced market.  A 6 to 7-month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The June 2018 numbers were: 50 active listings, 26 pending sales, and 18 closed sales.  There was better sales and pending sales volume last year.

Stuart FL 34997 Condo Market Report June 2019

Stuart Florida Real Estate presented by:
Gabe Sanders

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34997 Condo Market Report June 2019

Stuart FL 34996 Condo Market Report June 2019

07.23.19 by

Stuart FL 34996 Condo Market Report June 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for June 2019

For June 2019 in the 34996 Zip Code area of Stuart, Florida :

There are currently 104 active condo listings (Down by 25 condos from last month).

Stuart FL 34996 Condo Market Report June 2019

43 Condo sales are pending and awaiting close or lender approval (Down by 4 condos from May).

Stuart FL 34996 Condo Market Report June 2019

29 Condos Sold in June (Down by 2 condos from May) 

Stuart FL 34996 Condo Market Report June 2019

The Stuart FL 34996 Condo Market of Stuart showed weaker sales and pending sales volume but also a drop in inventory keeping the sales rations very active.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 3.6 months from May’s 4.2 months. Still a strong seller’s market for this segment of Martin County condos but not as extreme as last month.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for June 2018 were: 106 active listings, 38 pending sales, and 29 closed sales.  Very similar sales volume when compared to last year.

Stuart FL 34996 Condo Market Report June 2019

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for condos for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Condo Market Report June 2019

Palm City FL 34990 Condo Market Report June 2019

07.19.19 by

Palm City FL 34990 Condo Market Report June 2019

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for June 2019

For June 2019 in the 34990 Zip Code area of Palm City, Florida :

There are currently 66 active condo listings. (Decreased by 2 condos from May)

Palm City FL 34990 Condo Market Report June 2019 

9 Condo sales are pending and awaiting close or lender approval. (Down by 4 condo from last month)

Palm City FL 34990 Condo Market Report June 2019

12 Condos Sold in June. (Up by 4 condos from May)

Palm City FL 34990 Condo Market Report June 2019

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 challenging because of two condo communities with high equity and association fees that are currently not in favor with the general public.  Though, those who love golf, there are some incredible bargains in these communities.  June was a good month for this segment of condo real estate in Martin County.

The current absorption rate for condos in the 34990 zip dropped to 5.5 months (was 8.5 months in May).  Shifting into a seller’s market for Palm City condos for the first time in a while.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The June 2018 numbers were: 86 active listings, 8 pending sales, and 9 closed sales.  A better volume of sales and pending sales this year all on a reduced inventory of available condos.
Palm City FL 34990 Condo Market Report June 2019
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

Search here for condos for sale in the 34990 zip code area of Palm City FL

Palm City Florida Real Estate presented by
the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Palm City FL 34990 Condo Market Report June 2019

Stuart FL 34994 Condo Market Report June 2019

07.17.19 by

Stuart FL 34994 Condo Market Report June 2019 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for June 2019

For June 2019 in the 34994 Zip Code area of Stuart, Florida :

There are currently 114 active condo listings (Down by 8 condos from May).

Stuart FL 34994 Condo Market Report June 2019

35 Condo sales are pending and awaiting close or lender approval. (Unchanged from last month) 

Stuart FL 34994 Condo Market Report June 2019

15 Condos Sold in May (Down by 3 condos from May).

Stuart FL 34994 Condo Market Report June 2019

The Stuart FL 34994 Condo market showed mostly weaker activity when compared to last month which is not all that unexpected as condo sales tend to slow down during the summer months in our area.  Pending sales, though, remain strong.

The absorption rate for June rose to 7.6 months compared to last month’s 6.8 months.  Transitioning into 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 June the numbers were 83 active listings, 55 pending sales, and 25 closed sales.  Considerably greater inventory of condos available for sale this year but a weaker number of closed sales.  Pending sales are higher this year which could mean some better sales activity coming in the next couple of months.

Stuart FL 34994 Condo Market Report June 2019

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Click here for condos for sale in the 34994 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Search here for Stuart Florida Real Estate for Sale

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34994 Condo Market Report June 2019 

 

Florida Townhouses and Condos May 2019 Market Report

07.08.19 by

Florida Townhouses and Condos May 2019 Market Report

The Florida Townhouses and Condos Market Report for May 2019 had slightly stronger sales activity when compared to last May.  Closed sales were up by 1.6% as compared to last month’s increase of 3.2% and new sales under contract (new pending sales) increased by 0.5% (In April there was a 0.8% decrease).

Prices were mixed for the month of May.  Median sales price was up by 3.7% (was up by 3.6% in April), while the average sales price decreased by 1.2% (was up 3.1% in April).

The inventory of active listings increased by 4.8% from May of last year.  We now have 5.9 months of inventory as compared to 5.7 months for May 2018.  Drifting back into 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.

Florida Townhouses and Condos May 2019 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 May 2019 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 May 2019 Market Report

Sand Dollar Oceanfront Condo Sold

07.08.19 by

Sand Dollar Oceanfront Condo Sold

A wonderfully updated condo that has been sold for $320,000 which will be a great new vacation home for the new owners.

Sand Dollar Shores Condos on Hutchinson Island in Jensen Beach

A completely remodeled oceanfront condo which can be your seaside resort paradise.  Spectacular views from this 4th-floor unit. Improvements include the AC, water heater, washer, and dryer replaced in 2017. New updated electrical panel installed in 2017 with new switches and dimmers. Removal of all popcorn ceilings was done. There is new 12 x 30 tile flooring throughout A beautiful kitchen with top of the line stainless appliances, noiseless dishwasher, and high-end wood cabinets with auto close drawers, granite countertops and under cabinet LED lighting. All new 4-panel wood doors, new door frames, baseboards, elegant crown molding and plantation shutters in the bedrooms. Custom Cherrywood master closet and new ceiling fans in all 3 rooms. Both bedrooms, baths and kitchen furnishings are inclusive with some pieces in living room included.

Living Room of Sand Dollar Shores Condo

About the Sand Dollar Condos in Jensen Beach:

The kitchen of Sand Dollar Shores Condo in Jensen Beach

The Sand Dollar Shores condos in Jensen Beach on Hutchinson Island (also known as Sand Dollar Villas) consist of 5 buildings which were completed in 1980.  Located approximately 5 miles north of the Jensen Beach Causeway these Sand Dollar Shores condos offer some of the best private ocean access with few crowds and unspoiled beaches.

Dining Area of Sand Dollar Shores Condo in Jensen Beach

All condos are 2 bedroom and 2 bathrooms with either 1,113 or 1,053 sq. ft. under roof plus additional balcony space.  Sand Dollar condos offer direct ocean access and have two pools, a clubhouse, fitness room, and tennis courts.

View from the balcony of Sand Dollar Shores Condo on Hutchinson Island

Rentals are allowed with only a one-month minimum stay requirement and 1 large pet is permitted for owners.  HOA fees cover Basic Cable TV, Common Areas, Common R.E. Tax, Elevator, Exterior Electric, Fire/Liability Insurance, Grounds / Plants, Insurance-Bldg., Lawn Care, Legal/Accounting, Maintenance Exterior, Management Fees, Manager, Parking, Pool Service, Reserve Funds, Roof Maintenance, Security, Water, Sewer and Trash Removal.

Bedroom of Sand Dollar Shores Condo in Jensen Beach
Bedroom of Sand Dollar Shores Condo in Jensen Beach

This gated community on the crystal clear blue waters of the Atlantic Ocean may be just the right ticket for your Florida home!

Bathroom of Sand Dollar Shores Condo on Hutchinson Island
The bathroom of Sand Dollar Shores Condo on Hutchinson Island

View all Sand Dollar Shores condos for sale:

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you November wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency –Sand Dollar Shores – Sea Winds – Villa del Sol

Presented by: Gabe Sanders

Residential Homes, Condos and Land

Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Sand Dollar Oceanfront Condo Sold

Hobe Sound FL 33455 Condo Market Report May 2019

07.03.19 by

Hobe Sound FL 33455 Condo Market Report May 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for May 2019

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

There are currently 9 active condo listings. (Up by 1 condo from April)

Hobe Sound FL 33455 Condo Market Report May 2019

3 Condos are pending and awaiting close. (Up by 2 condos from April)

Hobe Sound FL 33455 Condo Market Report May 2019

3 Condos sold in May. (Up by 3 condos from April)

Hobe Sound FL 33455 Condo Market Report May 2019

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Even with these small number of available condos for sale, the activity remains very robust.

The absorption rate for Hobe Sound condos was 3.0 months for May.  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 May 2018 numbers were: 6 active listings, 5 pending sales, and 1 closed sale.  A better volume of sales and inventory this year.  There was a better number of pending sales last year.

Hobe Sound FL 33455 Condo Market Report May 2019

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

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Hobe Sound FL 33455 Condo Market Report May 2019

Palm City FL 34990 Condo Market Report May 2019

06.27.19 by

Palm City FL 34990 Condo Market Report May 2019

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for May 2019

For May 2019 in the 34990 Zip Code area of Palm City, Florida :

There are currently 68 active condo listings. (Decreased by 10 condos from April)

Palm City FL 34990 Condo Market Report May 2019 

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

Palm City FL 34990 Condo Market Report May 2019

8 Condos Sold in May. (Down by 3 condos from April)

Palm City FL 34990 Condo Market Report May 2019

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 challenging because of two condo communities with high equity and association fees that are currently not in favor with the general public.  Though, those who love golf, there are some incredible bargains in these communities.  May showed a nice rise in activity for these communities.

The current absorption rate for condos in the 34990 zip is 8.5 months (was 7.1 months in April).  Shifting into a more pronounced buyer’s market for Palm City condos.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The May 2018 numbers were: 87 active listings, 11 pending sales, and 9 closed sales.  Very similar activity to last year but with a significantly lower number of available condos for sale.
Palm City FL 34990 Condo Market Report May 2019
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

Search here for condos for sale in the 34990 zip code area of Palm City FL

Palm City Florida Real Estate presented by
the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Palm City FL 34990 Condo Market Report May 2019

Stuart FL 34997 Condo Market Report May 2019

06.25.19 by

Stuart FL 34997 Condo Market Report May 2019

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for May 2019

For May 2019 in the 34997 Zip Code area of Stuart, Florida:

There are currently 52 active condo listings (Down by 6 condos from April).

Stuart FL 34997 Condo Market Report May 2019

33 Condo sales are pending and awaiting close (Up by 3 condos from April).

Stuart FL 34997 Condo Market Report May 2019

19 Condos Sold in May (Up by 1 condo from April).

Stuart FL 34997 Condo Market Report May 2019

      The Stuart FL condo market for zip code 34997 continues to show very strong sales activity compared to the previous months as well as last year.

     The absorption rate dropped to 2.7 months in May compared to 3.2 months for April.  Continuing as an even stronger seller’s market for condos in 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 May 2018 numbers were: 50 active listings, 26 pending sales, and 17 closed sales.  Continuing stronger sales volume year to year in this segment of the Stuart condo real estate market.

Stuart FL 34997 Condo Market Report May 2019

Stuart Florida Real Estate presented by:
Gabe Sanders

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34997 Condo Market Report May 2019

Stuart FL 34996 Condo Market Report May 2019

06.21.19 by

Stuart FL 34996 Condo Market Report May 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for May 2019

For May 2019 in the 34996 Zip Code area of Stuart, Florida :

There are currently 129 active condo listings (Up by 5 condos from last month).

Stuart FL 34996 Condo Market Report May 2019

47 Condo sales are pending and awaiting close or lender approval (Down by 11 condos from April).

Stuart FL 34996 Condo Market Report May 2019

31 Condos Sold in May (Down by 14 condos from April) 

Stuart FL 34996 Condo Market Report May 2019

The Stuart FL 34996 Condo Market of Stuart returned to a bit more sustainable activity levels for May after an exceptionally strong April.  This condo market remains very active and healthy.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 4.2 months from April’s 2.8 months. Still a strong seller’s market for this segment of Martin County condos but not as extreme as last month.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for May 2018 were: 118 active listings, 46 pending sales, and 40 closed sales.  Better closed sales last year, otherwise pretty similar results.

Stuart FL 34996 Condo Market Report May 2019

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for condos for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Condo Market Report May 2019

Stuart FL 34994 Condo Market Report May 2019

06.19.19 by

Stuart FL 34994 Condo Market Report May 2019 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for May 2019

For May 2019 in the 34994 Zip Code area of Stuart, Florida :

There are currently 122 active condo listings (Up by 7 condos from April).

Stuart FL 34994 Condo Market Report May 2019

35 Condo sales are pending and awaiting close or lender approval. (Up by 1 condo from last month) 

Stuart FL 34994 Condo Market Report May 2019

18 Condos Sold in April (Down by 7 condo from April).

Stuart FL 34994 Condo Market Report May 2019

The Stuart FL 34994 Condo market had an unexpected weakening and has entered into a balanced market that favors neither the buyer nor the seller.

The absorption rate for May rose to 6.8 months compared to last month’s 4.6 months.  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 May the numbers were 81 active listings, 68 pending sales, and 34 closed sales.  Much weaker sales activity this year across the board for this condo segment of Stuart FL.

Stuart FL 34994 Condo Market Report May 2019

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Click here for condos for sale in the 34994 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Search here for Stuart Florida Real Estate for Sale

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34994 Condo Market Report May 2019 

 

Florida Townhouses and Condos April 2019 Market Report

06.10.19 by

Florida Townhouses and Condos April 2019 Market Report

The Florida Townhouses and Condos Market Report for April 2019 had stronger sales activity when compared to last April.  Closed sales were up by 3.2% as compared to last month’s decrease of 6.1% and new sales under contract (new pending sales) decreased by 0.8% (In March there was a 3.1% increase).  A little stronger showing than in the past few months.

Prices continue to rise, though at a more moderate pace than in the past few years.  Median sales prices were up by 2.1% (was up by 3.6% in March), while the average sales price increased by 3.1% (was up 6.3% in March).

The inventory of active listings increased by 6.4% from April of last year.  We now have 6.1 months of inventory as compared to 5.8 months for April 2018.  Remaining in a balanced 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 April 2019 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 April 2019 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 April 2019 Market Report

Sand Dollar Oceanfront Condo Pending

06.03.19 by

Sand Dollar Oceanfront Condo Pending

Sand Dollar Shores Condos on Hutchinson Island in Jensen Beach

This completely remodeled oceanfront condo can be your seaside resort paradise.  There are spectacular views from this 4th-floor unit. Improvements include the AC, water heater, washer, and dryer replaced in 2017. A new updated electrical panel installed in 2017 with new switches and dimmers. Removal of all popcorn ceilings was done, new 12 x 30 tile flooring throughout, beautiful kitchen with top of the line stainless appliances, noiseless dishwasher, and high-end wood cabinets with auto close drawers, granite countertops and under cabinet LED lighting. All new 4-panel wood doors, new door frames, baseboards, elegant crown molding and plantation shutters in the bedrooms. Custom Cherrywood master closet and new ceiling fans in all 3 rooms. Both bedrooms, baths and kitchen furnishings are inclusive with some pieces in living room included.

Living Room of Sand Dollar Shores Condo

About the Sand Dollar Condos in Jensen Beach

Kitchen of Sand Dollar Shores Condo in Jensen Beach

The Sand Dollar Shores condos in Jensen Beach on Hutchinson Island (also known as Sand Dollar Villas) consist of 5 buildings which were completed in 1980.  Located approximately 5 miles north of the Jensen Beach Causeway these Sand Dollar Shores condos offer some of the best private ocean access with few crowds and unspoiled beaches.

Dining Area of Sand Dollar Shores Condo in Jensen Beach

All condos are 2 bedroom and 2 bathrooms with either 1,113 or 1,053 sq. ft. under roof plus additional balcony space. These Sand Dollar condos offer direct ocean access and have two pools, a clubhouse, fitness room, and tennis courts. 

View from the balcony of Sand Dollar Shores Condo on Hutchinson Island

Rentals are allowed with a one-month minimum stay requirement and 1 large pet is permitted for owners.  As of March 2019 the condo fees are $412.00 a month.  These fees cover Basic Cable TV, Common Areas, Common R.E. Tax, Elevator, Exterior Electric, Fire/Liability Insurance, Grounds / Plants, Insurance-Bldg., Lawn Care, Legal/Accounting, Maintenance Exterior, Management Fees, Manager, Parking, Pool Service, Reserve Funds, Roof Maintenance, Security, Water, Sewer and Trash Removal.

Bedroom of Sand Dollar Shores Condo in Jensen Beach
Bedroom of Sand Dollar Shores Condo in Jensen Beach

This gated community on the crystal clear blue waters of the Atlantic Ocean may be just the right ticket for your Florida home!

Bathroom of Sand Dollar Shores Condo on Hutchinson Island
Bathroom of Sand Dollar Shores Condo on Hutchinson Island

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you November wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency –Sand Dollar Shores – Sea Winds – Villa del Sol

Presented by: Gabe Sanders

Residential Homes, Condos and Land

Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Sand Dollar Oceanfront Condo Pending

Hobe Sound FL 33455 Condo Market Report April 2019

05.29.19 by

Hobe Sound FL 33455 Condo Market Report April 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for April 2019

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

There are currently 8 active condo listings. (Up by 4 condos from March)

Hobe Sound FL 33455 Condo Market Report April 2019

1 Condo is pending and awaiting close. (Unchanged from March)

Hobe Sound FL 33455 Condo Market Report April 2019

No Condos sold in April. (Down by 3 condos from March)

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.

The absorption rate for Hobe Sound condos cannot be determined with no sales for April.  For March it was a 2 month absorption rate.  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 April 2018 numbers were: 8 active listings, 5 pending sales, and 7 closed sales.  There was better activity last year.

Hobe Sound FL 33455 Condo Market Report April 2019

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Hobe Sound Florida Real Estate presented by:
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For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Hobe Sound FL 33455 Condo Market Report April 2019

Stuart FL 34997 Condo Market Report April 2019

05.27.19 by

Stuart FL 34997 Condo Market Report April 2019

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for April 2019

For April 2019 in the 34997 Zip Code area of Stuart, Florida:

There are currently 58 active condo listings (Unchanged from March).

Stuart FL 34997 Condo Market Report April 2019

30 Condo sales are pending and awaiting close (Down by 4 condos from March).

Stuart FL 34997 Condo Market Report April 2019

18 Condos Sold in April (Up by 3 condos from March).

Stuart FL 34997 Condo Market Report April 2019

      The Stuart FL condo market for zip code 34997 continues to show very strong sales activity compared to the previous months as well as last year.

     The absorption rate dropped to 3.2 months in April compared to 3.9 months for March.  Continuing as a strong seller’s market for condos in 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 April 2018 numbers were: 57 active listings, 19 pending sales, and 9 closed sales.  Considerably stronger activity this year when compared to April 2018.

Stuart FL 34997 Condo Market Report April 2019

Stuart Florida Real Estate presented by:
Gabe Sanders

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34997 Condo Market Report April 2019

Stuart FL 34996 Condo Market Report April 2019

05.21.19 by

Stuart FL 34996 Condo Market Report April 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for April 2019

For April 2019 in the 34996 Zip Code area of Stuart, Florida :

There are currently 124 active condo listings (Down by 7 condos from last month).

Stuart FL 34996 Condo Market Report April 2019

58 Condo sales are pending and awaiting close or lender approval (Up by 8 condos from March).

Stuart FL 34996 Condo Market Report April 2019

45 Condos Sold in April (Up by 21 condos from March) 

Stuart FL 34996 Condo Market Report April 2019

The Stuart FL 34996 Condo Market of Stuart had a very strong month for closed sales in April.  Pending sales also remained strong and improved from last month.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 2.8 months from March’s 5.5 months. Moving to a pretty extreme 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 April 2018 were: 125 active listings, 59 pending sales, and 39 closed sales.  Stronger performance this year with an almost identical inventory of available condos.

Stuart FL 34996 Condo Market Report April 2019

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for condos for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Condo Market Report April 2019

Conquistador Homes and Condos Market Report May 2019

05.18.19 by

Conquistador Homes and Condos Market Report May 2019

Homes:  There is `1 home currently on the market in Conquistador Estates.  The list price is $359,000 which is $225.79 per sq. ft. of living area.

There is one home currently under contract.  The list price was $285,000 which works out to $152.41 per sq. ft. of living area.  This home was on the market for 115 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 $395,000.  This is an average sales price of $307,250 which works out to $165.04 per sq. ft. of living area.  These homes were on the market for an average of 49 days prior to going under contract and sold for an average of 95% of the listed price.

Condos: There are currently 4 condos for sale in Conquistador.  Listing prices start at $130,000 and go up to $199,000.  The average list price is $162,725 which equals $145.69 per sq. ft. of living area.

4 Condos are under contract awaiting settlement.  List prices ranged from $99,900 up to $185,900 for an average of $139,575 which works out to $130.89 per sq. ft. of living area.  These condos were on the market for an average of 31 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 $175,000.  The average sales price was $138,900 which equals $128.74 per sq. ft. of living area. These sales averaged a 96% list to sales ratio as well as going under contract in an average of 48 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.

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 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

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Conquistador Homes and Condos Market Report May 2019