Orchid Bay Palm City FL October 2018 Market Report

Orchid Bay Palm City FL October 2018 Market Report

There are currently 3 homes listed for sale in Orchid Bay.  List prices ranged from $499,900 up to $530,000 for an average list price of $509,967 which is $201.11 per sq. ft. of living area.

There are no homes currently under contract and awaiting sale.

In the past 12 months, 8 homes have sold in Orchid Bay.  Sales prices ranged from $375,000 up to $540,000 for an average sales price $484,000 which works out to $192.40 per sq. ft. of living area.  These 8 homes averaged 110 days on the market before the sellers accepted an offer and sold for an average of 96% of the listed price.

About Orchid Bay in Palm City:

Orchid Bay in Palm City Florida

One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City Veteran’s Memorial Bridge off of Mapp Road.  This gated community of 153 home-sites (including only two vacant lots at this time) enjoys spacious private lots of at least a ½ acre with a few properties residing on over 1-acre sites.  This planned community was developed by the Tartan land Company in the early 1990’s and all homes are individually constructed by the lot owner’s builder of choice.  Consequently, this is not a “cookie cutter” community by any means.

Orchid Bay in Palm City Florida

Homes range in size from over 5,000 sq. ft. of living area to just over 2,000.  From as many as 8 bedrooms down to 3 bedroom homes.  Both one and two story residences. Homes were built from 1992 through 2007.  Amenities include tennis courts, a picnic and playground area as well as a public gazebo.  Numerous lakes and ponds are on this property with many homes enjoying serene water views.  Orchid Bay has its own community propane tank so all residents have the option of hooking in for propane utilities if desired.

Orchid Bay Pool with Lake View

HOA fees at the time of this writing (October 2018) are $187.00 per month (payable quarterly).   These fees include maintenance of the roads, trash pickup, common areas as well as basic cable TV service.

Orchid Bay Playground

Children of Orchid bay attend wonderful schools:  Palm City Elementary, Hidden Oaks Middle and Martin County High.

Orchid Bay Entrance 2

Search here for all available Orchid Bay Homes for Sale

For any questions you may have about Orchid Bay, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Orchid Bay Palm City FL October 2018 Market Report

Circle Bay Waterfront Condos Stuart FL July 2018 Market Report

Circle Bay Waterfront Condos Stuart FL July 2018 Market Report

As of July 2018, there are 5 condos for sale in the Circle Bay Yacht Club of Stuart FL.   Listing prices range from $131,000 up to $235,000.  The average listing price $188,800 which equals a price per square foot of living area of $186.00.

There are no Circle Bay condos under contract at this time.

In the past 12 months, 24 Circle Bay Waterfront Condos have sold.  Sales prices ranged from a low of $119,900 up to $292,500 for an average sales price of $187,063 which is $183.55 per sq. ft.  These condos sold for an average of 94% of the last listed price and in an average of 87 days on market prior to accepting an offer that resulted in the sale.

About the Circle Bay Yacht Club Condos in Stuart FL:

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

 Search here for:

Circle Bay Waterfront Condos Homes for Sale in Palm City Florida

 

Circle Bay Waterfront Condos Stuart FL July 2018 Market Report

Orchid Bay Palm City FL April 2018 Market Report

Orchid Bay Palm City FL April 2018 Market Report

There are currently 4 homes listed for sale in Orchid Bay.  List prices ranged from $467,000 up to $599,000 for an average list price of $541,225 which is $226.65 per sq. ft. of living area.

Only 1 home is currently under contract and awaiting sale.  The list price was $530,000 or $202.60 per sq. ft. of living area. This home was on the market for 130 before going under contract.

In the past 12 months, 6 homes have sold in Orchid Bay.  Sales prices ranged from $375,000 up to $585,000 for an average sold price $473,343 which works out to $164.42 per sq. ft. of living area.  These 6 homes averaged 90 days on the market before the sellers accepted an offer and sold for an average of 96% of the listed price.

About Orchid Bay:

One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City Veteran’s Memorial Bridge off of Mapp Road.  This gated community of 153 home-sites (including only two vacant lots at this time) enjoys spacious private lots of at least a ½ acre with a few properties residing on over 1 acre sites.  This planned community was developed by the Tartan land Company in the early 1990’s and all homes are individually constructed by the lot owner’s builder of choice.  Consequently this is not a “cookie cutter” community by any means.

Homes range in size from over 5,000 sq. ft. of living area to just over 2,000.  From as many as 8 bedrooms down to 3 bedroom homes.  Both one and two story residences. Homes were built from 1992 through 2007.  Amenities include tennis courts, a picnic and playground area as well as a public gazebo.  Numerous lakes and ponds are on this property with many homes enjoying serene water views.  Orchid Bay has its own community propane tank so all residents have the option of hooking in for propane utilities if desired.

HOA fees at the time of this writing (April 2018) are $187.00 per month (payable quarterly).   These fees include maintenance of the roads, trash pickup, common areas as well as basic cable TV service.

Children of Orchid bay attend wonderful schools:  Palm City Elementary, Hidden Oaks Middle and Martin County High.

Search here for all available Orchid Bay Homes for Sale

For any questions you may have about Orchid Bay, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Orchid Bay Palm City FL April 2018 Market Report

Circle Bay Waterfront Condos Stuart FL January 2018 Market Report

Circle Bay Waterfront Condos Stuart FL January 2018 Market Report

As of January 2018, there are 12 condos for sale in the Circle Bay Yacht Club of Stuart FL.   Listing prices range from $129,000 up to $269,900.  The average listing price $186,749 which equals a price per square foot of living area of $181.70.

There is one Circle Bay condo under contract and awaiting close.  The list price was $165,000 or $164.84 per sq. ft. of living area.  This condo was on the market for 28 days before going under contract.

In the past 12 months, 23 Circle Bay Waterfront Condos have sold.  Sales prices ranged from a low of $116,000
up to $245,000 for an average sales price of $175,448 which is $170.98 per sq. ft.  These condos sold for an average of 95% of the last listed price and in an average of 85 days on market prior to accepting an offer that resulted in the sale.

About the Circle Bay Yacht Club Condos in Stuart FL:

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

 Search here for:

Circle Bay Waterfront Condos Homes for Sale in Palm City Florida

 

Circle Bay Waterfront Condos Stuart FL January 2018 Market Report

Windjammer Waterfront Condos December 2017 Market Report

Windjammer Waterfront Condos December 2017 Market Report

As of December 2017, there are 5 condos on the market in the Windjammer Yacht Club  of Stuart FL.   Listing prices range from $178,500 up to $229,900.  The average list price is $215,460 which equates to a price per square foot of living area of $180.91.

Currently, there are 2 condos under contract which has not sold as of this writing.  These condos were listed for $235,000 and $312,500 for an average list price of $273,750 or $229.85 per sq. ft. of living area and went under contract 108 days after it was listed.

In the past 12 months, 9 Windjammer Waterfront Condos have sold.  Sales prices ranged from $130,000 up to $300,000 for an average sales price of  $205,044 which equals $172.16 per sq. ft.  These condos sold for an average of 94% of the last list price and were on the market for an average of 130 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

 

Windjammer Waterfront Condos December 2017 Market Report

Orchid Bay Palm City FL October 2017 Market Report

Orchid Bay Palm City FL October 2017 Market Report

There are currently 2 homes listed for sale in Orchid Bay.  List prices are $574,900 and $589,500 for an average list price of $582,200 which is $205.63 per sq. ft. of living area.

2 homes are currently under contract and awaiting sale.  The list prices are $379,900 and $489,999 which averages to $434,950 for $169.08 per sq. ft. of living area. These three homes averaged 30 days on the market before going under contract.

In the past 12 months, 6 homes have sold in Orchid Bay.  Sales prices ranged from $380,055 up to $637,500 for an average sold price $499,759 which works out to $168.36 per sq. ft. of living area.  These 6 homes averaged 94 days on the market before the sellers accepted an offer and sold for an average of 97% of the listed price.

About Orchid bay in Palm City:

Orchid Bay Entrance 2About Orchid Bay:

One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City Veteran’s Memorial Bridge off of Mapp Road.  This gated community of 153 home-sites (including only two vacant lots at this time) enjoys spacious private lots of at least a ½ acre with a few properties residing on over 1 acre sites.  This planned community was developed by the Tartan land Company in the early 1990’s and all homes are individually constructed by the lot owner’s builder of choice.  Consequently this is not a “cookie cutter” community by any means.

Orchid Bay Home 4

Homes range in size from over 5,000 sq. ft. of living area to just over 2,000.  From as many as 8 bedrooms down to 3 bedroom homes.  Both one and two story residences. Homes were built from 1992 through 2007.  Amenities include tennis courts, a picnic and playground area as well as a public gazebo.  Numerous lakes and ponds are on this property with many homes enjoying serene water views.  Orchid Bay has its own community propane tank so all residents have the option of hooking in for propane utilities if desired.

Orchid Bay Pool with Lake View

HOA fees at the time of this writing (October 2017) are $187.00 per month (payable quarterly).   These fees include maintenance of the roads, trash pickup, common areas as well as basic cable TV service.

Orchid Bay Playground

Children of Orchid bay attend wonderful schools:  Palm City Elementary, Hidden Oaks Middle and Martin County High.

Orchid Bay Home 1

Search here for all available Orchid Bay Homes for Sale

For any questions you may have about Orchid Bay, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Orchid Bay Palm City FL October 2017 Market Report

Circle Bay Waterfront Condos Stuart FL July 2017 Market Report

Circle Bay Waterfront Condos Stuart FL July 2017 Market Report

As of July 2017, there are 10 condos for sale in the Circle Bay Yacht Club of Stuart FL.   Listing prices range from $169,900 up to $229,500.  The average listing price $199,970 which equals a price per square foot of living area of $199.71.

There is one Circle Bay condo under contract and awaiting close.  The list price was $129,000 or $171.77 per sq. ft. of living area.  This condo was on the market for 26 days before going under contract.

In the past 12 months, 22 Circle Bay Waterfront Condos have sold.  Sales prices ranged from a low of $95,500 up to $245,000 for an average sales price of $171,564 which is $168.62 per sq. ft.  These condos sold for an average of 96% of the last listed price and in an average of 85 days on market prior to accepting an offer that resulted in the sale.

About the Circle Bay Yacht Club Condos in Stuart FL:

The 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.

 Search here for:

Circle Bay Waterfront Condos Homes for Sale in Palm City Florida

Circle Bay Waterfront Condos Stuart FL July 2017 Market Report

Orchid Bay Palm City FL April 2017 Market Report

Orchid Bay Palm City FL April 2017 Market Report

There are currently 2 homes listed for sale in Orchid Bay.  List prices ar $$409,900 and $568,888,  for an average list price of $489,394 which is $156.30 per sq. ft. of living area.

2 homes are under contract and awaiting sale.  The list prices are $489,999 and $625,000 which average to $557,500 and is $190.60 per sq. ft. of living area. These three homes averaged 99 days on the market before going under contract.

In the past 12 months, 5 homes have sold in Orchid Bay.  Sales prices ranged from $436,000 up to $637,500 for an average sold price $508,820 which works out to $171.94 per sq. ft. of living area.  These 5 homes averaged 150 days on the market before the sellers accepted an offer and sold for an average of 98% of the listed price.

Orchid Bay Entrance 2About Orchid Bay:

One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City Veteran’s Memorial Bridge off of Mapp Road.  This gated community of 153 home-sites (including only two vacant lots at this time) enjoys spacious private lots of at least a ½ acre with a few properties residing on over 1 acre sites.  This planned community was developed by the Tartan land Company in the early 1990’s and all homes are individually constructed by the lot owner’s builder of choice.  Consequently this is not a “cookie cutter” community by any means.

Orchid Bay Home 4

Homes range in size from over 5,000 sq. ft. of living area to just over 2,000.  From as many as 8 bedrooms down to 3 bedroom homes.  Both one and two story residences. Homes were built from 1992 through 2007.  Amenities include tennis courts, a picnic and playground area as well as a public gazebo.  Numerous lakes and ponds are on this property with many homes enjoying serene water views.  Orchid Bay has its own community propane tank so all residents have the option of hooking in for propane utilities if desired.

Orchid Bay Pool with Lake View

HOA fees at the time of this writing (April 2017) are $187.00 per month (payable quarterly).   These fees include maintenance of the roads, trash pickup, common areas as well as basic cable TV service.

Orchid Bay Playground

Children of Orchid bay attend wonderful schools:  Palm City Elementary, Hidden Oaks Middle and Martin County High.

Orchid Bay Home 1

Search here for all available Orchid Bay Homes for Sale

For any questions you may have about Orchid Bay, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Orchid Bay Palm City FL April 2017 Market Report

Circle Bay Waterfront Condos Stuart FL January 2017 Market Report

Circle Bay Waterfront Condos Stuart FL January 2017 Market Report

As of January 2017, there are 7 condos for sale in the Circle Bay Yacht Club  of Stuart FL.   Listing prices range from $146,900 up to $259,000.  The average listing price $180,843 which equals a price per square foot of living area of $170.62.

There are 3 Circle Bay condos under contract and awaiting close.  The list prices are from $167,000 to $259,000 for an average list price of $218,500 which equals $198.75 per sq. ft. of living area.  These condos averaged 81 days on market prior to receiving an acceptable offer.

In the past 12 months, 18 Circle Bay Waterfront Condos have sold.  Sales prices ranged from $95,500 to $258,000 for an average sales price of $164,856 which is $161.15 per sq. ft.  These condos sold for an average of 94% of the last listed price and in an average of 113 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

 Search here for:

Circle Bay Waterfront Condos Homes for Sale in Palm City Florida

 

Circle Bay Waterfront Condos Stuart FL January 2017 Market Report

Windjammer Waterfront Condos December 2016 Market Report

Windjammer Waterfront Condos December 2016 Market Report

As of December 2016, there are 7 condos on the market in the Windjammer Yacht Club  of Stuart FL.   Listing prices range from $184,000 to $274,900.  The average list price is $220,100 which equates to a price per square foot of living area of $184.80.

Currently, there is 1 condo under contract which has not sold as of this writing.  This condo were listed for $142,500 or $119.65 per sq. ft. of living area and went under contract 49 days after it was listed.

In the past 12 months, 12 Windjammer Waterfront Condos have sold.  Sales prices ranged from $110,000 to $287,500 for an average sales price of  $183,292 which equals $153.13 per sq. ft.  These condos sold for an average of 94% of the last list price and were on the market for an average of 141 days prior to accepting an offer.

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.

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.

 Search here for:

Windjammer Waterfront Condos Homes for Sale in Palm City Florida

Windjammer Waterfront Condos December 2016 Market Report

Orchid Bay Palm City FL October 2016 Market Report

Orchid Bay Palm City FL October 2016 Market Report

There are currently 3 homes available to purchase in Orchid Bay.  List prices range from $584,500 to $649,000.  The average listing price is $626,833 which equates to $179.70 per sq. ft. of living area.

3 homes are under contract and awaiting sale.  The list prices are $445,000 and $489,999 which average to $466,633 and is $177.31 per sq. ft. of living area. These three homes averaged 150 days on the market before going under contract.

In the past 12 months, 7 homes have sold in Orchid Bay.  Sales prices ranged from $369,000 to $550,000 for an average sold price $444,286 which equals $161.75 per sq. ft. of living area.  These 7 homes averaged 175 days on the market before the sellers accepted an offer and sold for an average of 97% of the listed price.

One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City Veteran’s Memorial Bridge off of Mapp Road.  This gated community of 153 homesites (including only two vacant lots at this time) enjoys spacious private lots of at least a ½ acre with a few properties residing on over 1 acre sites.  This planned community was developed by the Tartan land Company in the early 1990’s and all homes are individually constructed by the lot owner’s builder of choice.  Consequently this is not a “cookie cutter” community by any means.

Homes range in size from over 5,000 sq. ft. of living area to just over 2,000.  From as many as 8 bedrooms down to 3 bedroom homes.  Both one and two story residences. Homes were built from 1992 through 2007.  Amenities include tennis courts, a picnic and playground area as well as a public gazebo.  Numerous lakes and ponds are on this property with many homes enjoying serene water views.  Orchid Bay has its own community propane tank so all residents have the option of hooking in for propane utilities if desired.

HOA fees at the time of this writing are $415 per quarter.   These fees include maintenance of the roads, trash pickup, common areas as well as basic cable TV service.

Children of Orchid bay attend wonderful schools:  Palm City Elementary, Hidden Oaks Middle and Martin County High.

Search here for all available Orchid Bay Homes for Sale

For any questions you may have about Orchid Bay, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Orchid Bay Palm City FL October 2016 Market Report

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

 Search here for:

Circle Bay Waterfront Condos Homes for Sale in Palm City Florida

 

January 2016 Market Report Circle Bay Waterfront Condos Stuart FL

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

Orchid Bay Palm City FL October 2015 Market Update

Orchid Bay Palm City FL October 2015 Market Update

There are currently 6 homes available to purchase in Orchid Bay.  List prices range from $469,000 to $599,000.  The average listing price is $515,983 which equates to $178.67 per sq. ft. of living area.

2 homes are under contract and awaiting sale.  The list prices are $375,000 and $489,000 which average to $432,450 and is $163.54 per sq. ft. of living area. These two homes averaged 180 days on the market before going under contract.

In the past 12 months, 10 homes have sold in Orchid Bay.  Sales prices ranged from $350,000 to $559,000 for an average sold price $472,600 which equals $163.26 per sq. ft. of living area.  These 10 homes averaged 65 days on the market before the sellers accepted an offer and sold for an average of 94% of the listed price.

Orchid Bay Entrance 2

One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City Veteran’s Memorial Bridge off of Mapp Road.  This gated community of 153 homesites (including only two vacant lots at this time) enjoys spacious private lots of at least a ½ acre with a few properties residing on over 1 acre sites.  This planned community was developed by the Tartan land Company in the early 1990’s and all homes are individually constructed by the lot owner’s builder of choice.  Consequently this is not a “cookie cutter” community by any means.

Orchid Bay Home 4

Homes range in size from over 5,000 sq. ft. of living area to just over 2,000.  From as many as 8 bedrooms down to 3 bedroom homes.  Both one and two story residences. Homes were built from 1992 through 2007.  Amenities include tennis courts, a picnic and playground area as well as a public gazebo.  Numerous lakes and ponds are on this property with many homes enjoying serene water views.  Orchid Bay has its own community propane tank so all residents have the option of hooking in for propane utilities if desired.

Orchid Bay Pool with Lake View

HOA fees at the time of this writing are $415 per quarter.   These fees include maintenance of the roads, trash pickup, common areas as well as basic cable TV service.

Orchid Bay Playground

Children of Orchid bay attend wonderful schools:  Palm City Elementary, Hidden Oaks Middle and Martin County High.

Orchid Bay Home 1

Search here for all available Orchid Bay Homes for Sale

For any questions you may have about Orchid Bay, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Orchid Bay Palm City FL October 2015 Market Update

Stuart FL Listing Prices Reflect the Market (or Wishful Thinking)

Stuart FL Listing Prices Reflect the Market (or Wishful Thinking)

 Legacy Cove in Stuart FL

A Martin County listing can be a smash hit when the pictures show a property that’s cosmetically appealing, the copy rings true, and the details hit the sweet spot where features and value are a match for the best the area has to offer. But it still might not be as effective as it should be if one other detail is a little bit off. It’s a detail that can cause qualified buyers—the ones who should be a home’s most interested prospects— to miss the whole show.

I suppose that calling that part of a Stuart listing a “detail” is like calling the end score of the NBA’s final playoff a detail—or calling the final vote count in an election a “factor.” It may be just one element of many, but it is uniquely important. In a Stuart listing, it’s often the first element that shoppers specify when they’re picking which area homes they will consider. If it’s not thoughtfully calibrated to fall within the parameters they name, the results may suffer considerably.

Of course, the “detail” we’re talking about is the price on the listing, and choosing the “right” one is the object. We’re looking for a number that will help a home sell quickly at the highest price possible. If the neighborhood comps—the prices paid and asked for nearby area homes with similar features—were all that mattered, coming up with the most suitable listing price would be a cut-and-dried affair. But there are other factors that need to be taken into account. Some are easy to determine, some…not so much.

  • the Stuart residential market is a moving target, sometimes building from a lower level, sometimes echoing the latest transactions, sometimes losing momentum.
  • competitive Martin County listing prices reflect either other sellers’ best estimates of that market for their properties, or else their personal opinions of what they think the market should be–but there’s no way to verify which!
  • the final selling price of any home is determined not only by the seller’s situation, but by the buyer’s, also, which is a factor which cannot be determined in advance.

That’s why there is no universally agreed-upon formulas to rely upon, and since there is no way to determine what outcome would have resulted if a different price had been chosen, there’s also no way to verify after the fact if the absolute “best” one was chosen—even if everyone considers the sale a great success! Web titan Zillow says, “if the home sells within a few days of listing, chances are you listed too low” yet if a higher price had been chosen, causing that home to linger for months on the market, it wouldn’t have been listed too low. On the other hand, if the listing price were set to court multiple offers, a quick sale could mean a higher selling price was achieved. There’s simply no way to know for sure.

Put it all together and you have to figure that arriving at the right listing price is really more of an art than a science. I help clients by pooling my extensive Stuart experience, up-to-the minute market knowledge, and detailed examination of the property’s unique attributes to suggest the range of listing prices I judge most likely to achieve the Holy Grail—a quick sale at top dollar! If you’d like, we can get together for a no-obligation discussion of your own property’s listing prospects. It’s a great reason to give me a call!

3 “C’s” Turn Bad Weather into Boon for Your Stuart FL Home for Sale

  3 “C’s” Turn Bad Weather into Boon for Your Stuart FL Home for Sale

 weather

You’ve decided that right now is the perfect time to put up your Stuart FL home for sale; you’re charged with energy and determination; you’re ready to get going—and then…suddenly, the spring weather turns foul. It’s an all-too-common frustration, from mud season sieges in Northeastern Maine to kite-busting windstorms in the far Southwest, the kind of perfection “spring days” brings to mind isn’t always there when you want it to be.

Some days (even some weeks) are like that—often, when you’re trying to ready your Stuart home for sale. Sometimes Mother Nature just doesn’t cooperate. You’re stuck indoors.

Rather than sitting and stewing over all the time lost from perfecting the garden or touching up those few exterior blemishes that need a spot of paint or two, this is one situation that’s easily reversed. In fact, there is such a lot that can be accomplished indoors, with a little mental jujitsu, you should even be able to talk yourself into considering a bad weather break as an opportunity.

There are dozens of indoor activities you can attend to. Here are 3 C’s for examples:

Clutter! Let’s face it, for a home for sale, there’s too much stuff, everywhere. No, all that dust-catching memorabilia doesn’t really serve to create a more charming, homey atmosphere. It actually creates the sense that this home for sale belongs to someone else. The goal is to display a dwelling primed and waiting for the buyer’s décor ideas to take hold—and clutter in the form of personal possessions just obscures the issue. Box it, store it—or even prepare it for later eBay sale. Just do get it out of sight!

Clean! There’s the degree of ‘clean’ that we live in every day, and that’s perfectly fine for busy households and regular family life. Then there’s the kind of ‘clean’ that can help to turn a home for sale into a home that’s under contract. Deep cleaning is an art—and it may even take a professional to accomplish. In most cases, it just takes a little more time and determination than day-to-day housework can achieve. A stormy day is perfect for a serious rented-rug-cleaner session, or some toothbrush-aided baseboard scrubbing. Granted, foul weather is not conducive to any heroic window washing…for that, wait ‘till the skies clear.

Clear!  The furniture arrangement that’s evolved over time may be a layout that makes daily Stuart Florida living comfortable and convenient is frequently not the layout most conducive to moving a home for sale as quickly as possible. Less is often more because it opens sight lines and gives the feeling of roominess. Clearing rooms of redundant tables, chairs—even sofas—is an indoor activity with results that become instantly gratifying.

Spates of unpredictable Stuart weather don’t really prove much of an impediment to preparing a Your Stuart home for sale. If you’re close to making that decision, I hope you’ll consider giving me a call to discuss marketing directions. The weather’s perfect!

Discounted Stuart Air Show Tickets Available

Discounted Stuart Air Show Tickets Available

2015 Stuart Air Show

Discounted Stuart Air Show tickets are now available for $15.00 for the 2015 Stuart Air Show.  Scheduled for Oct. 30 to Nov. 1 at the Martin County Airport – Witham Field. This year’s show will feature three military acts including the Navy F-18, the US Air Force F-16, and the Army Golden Knights as well as numerous other aerial acts as well as static display aircraft.  Food, fun and games for the entire family.

These early pre-sale tickets are only available online at http://www.stuartairshow.com. Ticket prices at the gate will be $25.

 

January 2015 Market Update Circle Bay Waterfront Condos Stuart FL

January 2015 Market Update Circle Bay Waterfront Condos Stuart FL

As of January 2015, there are 22 condos on the market in the Circle Bay Yacht Club  of Stuart FL.   Listing prices range from $120,000 to $249,500.  The average listing price $190,014 which equals a price per square foot of living area of $180.67.  There are no short sales or foreclosures in the available listings.

There are 2 Circle Bay condos under contract and awaiting close.  The list prices are $224,400 and $259,000 for an average of $241,700 or $219.23 per sq. ft. of living area.  Neither of these condos are distressed sales.

In the past 12 months, 20 Circle Bay Waterfront Condos have sold.  Sales prices ranged from $80,000 to $225,000 for an average sales price of $129,350 which equals $126.60 per sq. ft. and a 92% list to sales ratio.  There was 1 bank owned foreclosure included in these sales and no short sales.

Circle bay Yacht Club Stuart FL Circle bay Yacht Club Stuart FLWaterfront 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 2015 Market Update Circle Bay Waterfront Condos Stuart FL 

December 2014 Market Update Windjammer Waterfront Condos Stuart FL

December 2014 Market Update Windjammer Waterfront Condos Stuart FL

As of December 2014, there are 5 condos on the market in the Windjammer Yacht Club  of Stuart FL.   Listing prices range from $114,900 to $165,000.  The average list price is $139,460 which equates to a price per square foot of living area of $117.09  There are no short sales and 1 bank owned foreclosure in the available listings.

Currently, there are no condos under contract awaiting settlement.

In the past 12 months, 15 Windjammer Waterfront Condos have sold.  Sales prices ranged from $95,000 to $202,000 for an average sales price of  $133,926 which equals $112.45 per sq. ft. and a 92% list to sales ratio.  There were no short sales or bank owned foreclosures included in these sales.

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

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Windjammer Waterfront Condos Homes for Sale in Palm City Florida

 

December 2014 Market Update Windjammer Waterfront Condos Stuart FL

Orchid Bay Palm City FL October 2014 Market Update

Orchid Bay Palm City FL October 2014 Market Update

There are currently 3 homes available to purchase in Orchid Bay.  List prices range from $389,900 to $525,000.  The average listing price is $463,300 which equates to $162.59 per sq. ft. of living area.

One home is under contract and awaiting sale.  The list price is $489,900 which is $164.45 per sq. ft. of living area.

In the past 12 months, 10 homes have sold in Orchid Bay.  Sales prices ranged from $319,101 to $510,000 for an average sold price $422,460 which equals $147.80 per sq. ft. of living area.  These 10 sales included one foreclosure and one short sale.

Orchid Bay Entrance 2

One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City Veteran’s Memorial Bridge off of Mapp Road.  This gated community of 153 homesites (including only two vacant lots at this time) enjoys spacious private lots of at least a ½ acre with a few properties residing on over 1 acre sites.  This planned community was developed by the Tartan land Company in the early 1990’s and all homes are individually constructed by the lot owner’s builder of choice.  Consequently this is not a “cookie cutter” community by any means.

Orchid Bay Home 4

Homes range in size from over 5,000 sq. ft. of living area to just over 2,000.  From as many as 8 bedrooms down to 3 bedroom homes.  Both one and two story residences. Homes were built from 1992 through 2007.  Amenities include tennis courts, a picnic and playground area as well as a public gazebo.  Numerous lakes and ponds are on this property with many homes enjoying serene water views.  Orchid Bay has its own community propane tank so all residents have the option of hooking in for propane utilities if desired.

Orchid Bay Pool with Lake View

HOA fees at the time of this writing are $415 per quarter.   These fees include maintenance of the roads, trash pickup, common areas as well as basic cable TV service.

Orchid Bay Playground

Children of Orchid bay attend wonderful schools:  Palm City Elementary, Hidden Oaks Middle and Martin County High.

Orchid Bay Home 1

Search here for all available Orchid Bay Homes for Sale

For any questions you may have about Orchid Bay, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Orchid Bay Palm City FL October 2014 Market Update