Hobe Sound FL 33455 Condo Market Report July 2018

08.28.18 by

Hobe Sound FL 33455 Condo Market Report July 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for July 2018

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

There are currently 5 active condo listings. (Increased by 1 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2018

5 Condos are pending and awaiting close. (Up by 1 condo from June)

Hobe Sound FL 33455 Condo Market Report July 2018

3 Condos sold in July. (Unchanged from June)

 Hobe Sound FL 33455 Condo Market Report July 2018

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.  Yet, even with such little inventory, these condos are moving off the market quite fast.

The absorption rate for Hobe Sound condos was 1.3 months for July as compared to 6 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 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 July 2017 numbers were: 19 active listings, 3 pending sales, and 0 closed sales.  Much better activity this year on hardly any inventory.

Hobe Sound FL 33455 Condo Market Report July 2018

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

Hobe Sound FL 33455 Condo Market Report July 2018

Jensen Beach FL 34957 Condo Market Report July 2018

08.24.18 by

Jensen Beach FL 34957 Condo Market Report July 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2018

For July 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 87 active listings. (Decreased by 16 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2018

34 Condo sales are pending and awaiting settlement. (Down by 4 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2018

26 Condos Sold (Down by 5 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2018

 The Jensen Beach FL 34957 Condo Market Report for July continued to show strong sales activity.  Both pending and closed sales decreased slightly along with a little larger drop in the inventory of available condos for sale.

The one-month absorption rate for the July 2018, Jensen Beach Florida Market Report ZIP Code 34957 remained unchanged at 3.3 months (from 3.3 months in June), still a very strong seller’s market.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The July 2017 numbers were: 93 active listings, 35 pending sales, and 32 condos closed.  Slightly stronger activity last year.

Jensen Beach FL 34957 Condo Market Report July 2018

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

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report July 2018

Kingswood Condo August 2018 Market Report

08.17.18 by

Kingswood Condo August 2018 Market Report

August 2018 Market Report:

There are 6 condos currently for sale in the Kingswood condo community of Stuart FL.  Listing prices are from $90,000 up to $159,000 for an average list price of $110,883 which equals $100.67 per sq. ft. of living area.

There are currently 2 condos under contract with list prices of $110,000 and $149,000 for an average list price for these pending sales of $129,500 or $104.78 per sq. ft. of living area.  These two condos averaged 11 days on the market before going under contract.

26 condos have sold in the past 12 months.  Ranging in sales price from $60,000 up to $156,000.  The average sales price was $101,177 which works out to $88.95 per sq. ft. of living area.  These condos sold on average of 106 days on market before going under contract and with sales prices at 95% of list price.

About Kingswood Condos in Stuart FL:

Kingswood Condos in Stuart FL

Kingswood Condos are located in the heart of Stuart and within walking distance of shopping, restaurants and medical facilities is the Kingswood Condominium complex of Stuart FL. Just a short ride out to the beaches or to historic downtown Stuart, this location is just difficult to beat.

Kingswood Condo August 2018 Market Report

Kingswood consists of 444 condominiums that were built from 1970 till 1995. There are various floor plans and sizes ranging from 2 Bedroom, 2 Bathroom condos with 1,236 sq. ft. of living area down to 1 Bedroom, 1 bathroom condos with 691 sq. ft. of living area.

Kingswood Condo in Stuart FL

Most of Kingswood’s buildings are two stories with condos on each floor, though there are three newer 4 story elevator buildings with some units offering views f the Saint Lucie River. There are three community pools in Kingswood.

Kingswood Condo in Stuart FL Kingswood Condo in Stuart FL

HOA fees vary from size and location of the unit and are currently from just over $200 per month up to $360 per month. These fees cover the recreation area, building insurance, water, sewer, trash and pest control as well as basic cable TV.

Search here for all available Kingswood Condos for Sale

Kingswood Condos for Sale

View Our Featured Listings!

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

Kingswood Condo August 2018 Market Report

Affordable Jensen Beach Condo in Beacon 21 Sold

08.05.18 by

Affordable Jensen Beach Condo in Beacon 21 Sold

This condo was listed for $85,000 and was available for only 3 days before receiving multiple offers and has sold for the full asking price.

A wonderfully located 2 bedroom, 2 bathroom condo in Beacon 21 in Jensen Beach FL.  This is a 55+ community with access to a community marina that offers ocean access slips for lease.  This is also a pet-friendly building with one pet allowed.  The “B” section of Beacon 21 has an open patio for barbecuing as well as an additional storage area and a coin-operated laundry room.   One assigned covered parking spot and additional guest parking is available. There is a clubhouse, community pool, tennis and shuffleboard courts for residents to enjoy an active lifestyle.  Beacon 21 is located within a few minutes’ drive to the Intracoastal Waterway as well as the beaches, shopping, and restaurants. This large and open furnished condo is available for immediate occupancy.

Beacon 21 B-16 Condo for Sale Jensen Beach Beacon 21 B-16 Condo for Sale Jensen Beach

About the Beacon 21 Condos in Jensen Beach:

Beacon 21 in Jensen Beach is a low rise condominium development in Jensen Beach FL locate just north of the Saint Lucie River and off of NE Dixie Highway (State Road 707).  This complex contains numerous types of condo buildings that were first built in 1973 and the last phase was completed in 1993.

Beacon 21 B-16 Condo for Sale Jensen Beach Beacon 21 B-16 Condo for Sale Jensen Beach

There are sections in Beacon 21 that are age restricted to 55 and over while other sections are open to all ages.  There are just over 270 individual condos with most of them being two bedrooms and all but a few having 2 bathrooms as well.  These condos come in sizes ranging from 826 sq. ft. of interior living area up to 1,440.

Most of Beacon 21’s sections are pet-friendly allowing for one medium sized pet with some areas allowing up to 2.  Rentals are also permitted with some restrictions.

Beacon 21 B-16 Condo for Sale Jensen Beach Beacon 21 B-16 Condo for Sale Jensen Beach

There are three pools and three tennis courts as well as a clubhouse and shuffleboard courts for Beacon 21.  And, as a bonus, there is dockage for smaller boats (up to 21’) with ocean access.  These docks are available for lease at very reasonable rates when available on a first come first served basis for owners in the Beacon 21 complex.

HOA fees vary from $327.00 to $450.00 a month depending on the location of the condo (As of June 2017).  Children living in Beacon 21 currently attend the Felix A Williams elementary school, Stuart middle school, and the Jensen Beach high school.

This complex is well located only minutes from the beaches, rivers and shopping areas of Jensen Beach and Stuart FL.

Search for available Beacon 21 condos in Jensen Beach

For more information about Jensen Beach FL real estate please visit https://www.gabesanders.com/area/jensen-beach

or call Gabe Sanders:
(772) 888-2885
Real Estate of Florida

Affordable Jensen Beach Condo in Beacon 21 Sold

Hobe Sound FL 33455 Condo Market Report June 2018

07.30.18 by

Hobe Sound FL 33455 Condo Market Report June 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for June 2018

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

There are currently 4 active condo listings. (Decreased by 2 condos from May)

Hobe Sound FL 33455 Condo Market Report June 2018

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

Hobe Sound FL 33455 Condo Market Report June 2018

3 Condos sold in June. (Increased by 2 condos from May)

 Hobe Sound FL 33455 Condo Market Report June 2018

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 was 1.3 months for June as compared to 6 months in 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 2017 numbers were: 15 active listings, 4 pending sales, and 3 closed sales.  Similar sales and pending activity to last year on an inventory that is two thirds less.

Hobe Sound FL 33455 Condo Market Report June 2018

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

Hobe Sound FL 33455 Condo Market Report June 2018