Sugar Hill Jensen Beach March 2017 Market Report

As of March 2017, there are 3 homes on the market in Sugar Hill in Jensen Beach, FL. Listing prices range from $499,000 to $699,000 for an average list price of $582,633 which equates to $197.62 per sq. ft. of living area.

There is one Sugar Hill home under contract and awaiting settlement. The list price was $779,000 or $219.75 per sq. ft. of living area. This home was on the market for 3 days before accepting the current offer.

There have been 8 homes sold in the past 12 months in Sugar Hill. Sales prices ranged from $295,000 to $525,000 for an average sales price of $389,747 which equals $144.39 per sq. ft. of living area and averaged 102% of list price. The average days on market for these homes was 96 days prior to going under contract.

Sugar Hill in Jensen Beach is an eye pleasing high elevation neighborhood filled with upscale homes in Jensen Beach. All homes have very spacious yards that are surrounded with gorgeous Florida foliage. Most homes are timeless architectural works of beauty! Houses range from 2 to 5 bedrooms and 2 to 5 bathrooms, so whatever size you are looking for, Sugarhill is sure to have it. The neighborhood is located just minutes from all that Jensen Beach has to offer, like the beautiful stretches of beach on Hutchinson Island, the fantastic shopping at the Treasure Coast Square Mall, many restaurants you are sure to love, and our ‘A’ rated schools for all grade levels!

Sugarhill has very reasonable HOA fees of only $500.00 per year.

The current Martin County Schools for Sugar Hill are Jensen Beach Elementary School, Stuart Middle School and Jensen Beach High School

Here are the currently available homes in Sugar Hill in Jensen Beach

For any questions you may have about March 2017 Market Report for Sugar Hill in Jensen Beach, please call the Gabe Sanders BlueWater Realty team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

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Sugar Hill Jensen Beach March 2017 Market Report

Moon River Jensen Beach March 2017 Market Report

03.19.17 by Gabe Sanders

Moon River Jensen Beach March 2017 Market Report

For March 2017, there is 1 home for sale in Moon River on Hutchinson Island in Jensen Beach FL. This home is listed for $299,000 or $207.78 per sq. ft. of living area.

There are no Moon River homes currently pending (under contract).

There have been 2 homes sold in the past 12 months in Moon River. Sales prices were $295,000 and $$439,900 for an average sales price of $367,450 which equals $190.36 per sq. ft. of living area and these sales averaged 96% of list price. The average days on market was 27 days prior to an accepted contract.

Moon River is a community of 51 attached and 3 detached homes that were built from 1998 to 2003. This is a gated waterfront community with ocean access docks as well as a community pool and clubhouse. Two tennis courts are also available and shared with the neighboring community of Fairwinds Cove.

Home sizes range from 3 Bedroom, 3 bathroom two story homes with over 2.700 sq. ft. of living area down to 2 Bedroom, 2 bathroom, 1 story homes of just under 1,400 sq. ft. of living space. Most of these homes have 2 car garages with a few actually offering covered parking for up to 4 cars.

This is a pet friendly community allowing for up to two pets that are no larger than 50 lbs. HOA fees at the time of this post were $343 per month (payable quarterly).
Moon River lies on the east side of the Jensen Beach Causeway in Martin County Florida. It’s only a short walk or bike ride to the public beach on the Atlantic Ocean. It’s also close to shopping, restaurants and the remaining wonderful amenities that Martin County has to offer.

Moon River is an excellent choice for both full time residents and for those wishing to have their winter oasis away from the cold north.

The current Martin County Schools for Sugar Hill are Jensen Beach Elementary School, Stuart Middle School and Jensen Beach High School

Here are the currently available homes in Moon River in Jensen Beach

For any questions you may have about March 2017 Market Report for Moon River in Jensen Beach, please call the Gabe Sanders BlueWater Realty team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Moon River Jensen Beach March 2017 Market Report

St Lucie County Townhouse and Condo Sales 2016 Yearly Review

03.10.17 by Gabe Sanders

St Lucie County Townhouse and Condo Sales 2016 Yearly Review

For the St Lucie County Townhouse and Condo Sales 2016 Yearly Review had weaker activity when compared to 2015. Year to year closed sales were down by 6.6% as compared to 2015 which saw a decrease of 0.9% and new sales under contract (new pending sales) decreased by 11.5% (2015 saw a decrease of 7.9%).

Interestingly both median and average sales prices were up (year to year) by 5.9% and 2.9% respectively (2015 numbers were 1.8% and 7.0%). Prices continue to rise.

Inventory increased by 8.1% as compared to 2015’s decrease of 20.5%. While the supply of inventory increased to 5.7 months as compared to 4.9 months for 2015. Still in a seller’s market for Saint Lucie County townhouses and condos but approaching a balanced one.

To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales 2016 Yearly Review

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.

St Lucie County Townhouse and Condo Sales 2016 Yearly Review

St Lucie County Single Family Home Sales 2016 Yearly Review

03.09.17 by Gabe Sanders

St Lucie County Single Family Home Sales 2016 Yearly Review

The St Lucie County Single Family Home Sales 2016 Yearly Review as reported by Florida Realtors indicates that Saint Lucie County had slower market activity for single family homes throughout the year of 2016. Year to year closed sales were down by 1.6% (was down by3.2% in 2015) and new sales under contract (new pending sales) decreased by 3.8% (was down by 16.9% in 2015).

However both median and average sales prices were up (2015 to 2016) by 16.1% and 15.9% respectively. Showing strong gains in value. These numbers were 16.9% and 17.2% respectively in 2015. These continued strong increases in values is one reason why the rate of sales has fallen for 2016 as homes become more expensive and less affordable.

The inventory of available homes for sale increased by 6.6% from 2015 (When there was a 0.3% increase). While the months supply of homes increased slightly to 3.9 months from 3.6 months for 2015. Still in a strong sellers market for Saint Lucie County.

To view the full report click on the graphic above or the link below:
St Lucie County Single Family Home Sales 2016 Yearly Review

To view the complete 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.

St Lucie County Single Family Home Sales 2016 Yearly Review

Martin County Townhouse and Condo Sales 2016 Yearly Review

03.08.17 by Gabe Sanders

Martin County Townhouse and Condo Sales 2016 Yearly Review

For the Martin County Townhouse and Condo Sales 2016 Yearly Review showed weaker activity when compared to 2015 for this segment of the Martin County real estate market. Year to year closed sales were down by 8.6% as compared to 2015 which saw no change and new sales under contract (new pending sales) decreased by 6.2% (2015 saw a decrease of 9%).

Both median and average sales prices were up (year to year) by 4.2% and 7.5% respectively (2015 numbers were 20.0% and 12.9%). Not as large an increase as in previous years.

Inventory increased by 14.2% as compared to 2015’s decrease of 19.3%. While the supply of inventory rose to 4.6 months as compared to 3.7 months for 2015. A sellers’ market for Martin County townhouses and condos.

To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2016 Yearly Review

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.

Martin County Townhouse and Condo Sales 2016 Yearly Review

Martin County Single Family Home Sales 2016 Yearly Review

03.07.17 by Gabe Sanders

Martin County Single Family Home Sales 2016 Yearly Review

The Martin County Single Family Home Sales 2016 Yearly Review as reported by Florida Realtors showed weaker activity than 2015 for the Martin County single family housing market. Year to year closed sales were down by 4.1% (was up by 12.1% in 2015) and new sales under contract (new pending sales) decreased by 8.1% (was up by 4.2% in 2015).

Both median and average sales prices continued to rise (2015 to 2016) by 4.3% and 0.0% respectively. A much more moderate rate of increase. These values were 4.4% and 15.2% respectively in 2015.

The inventory of available homes for sale increased by 7.4% from 2015. While the months supply of homes increased to 5.0 months. Still a sellers’ market. Typically a 6 month inventory indicates a balanced market where neither the seller or buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2016 Yearly Review

To view the complete 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.

Martin County Single Family Home Sales 2016 Yearly Review

Florida Townhouse and Condo Sales 2016 Yearly Review

03.06.17 by Gabe Sanders

Florida Townhouse and Condo Sales 2016 Yearly Review

For the Florida Townhouse and Condo Sales 2016 Yearly Review for the state of Florida had a slower year than recent previous years. Year to year closed sales were down by 4.2% as compared to 2015 which saw an increase of 6.1% and new sales under contract (new pending sales) decreased by 7.4% (2016 saw a n increase of 0.4%).

Both median and average sales prices were up (year to year) by 6.7% and 1.1% respectively (2015 numbers were 7.1% and 3.7%).

Inventory increased by 7.9% as compared to 2015’s decrease of 1.8%. While the supply of inventory rose to 6.0 months as compared to 5.3 months for 2015. A balanced market for Florida townhouses and condos.

Click here to view or download the full report: Florida Townhouse and Condo Sales 2016 Yearly Review

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 Townhouse and Condo Sales 2016 Yearly Review

Florida Single Family Home Sales 2016 Yearly Review

03.05.17 by Gabe Sanders

Florida Single Family Home Sales 2016 Yearly Review

The Florida Single Family Home Sales 2016 Yearly Review as reported by Florida Realtors shows that the last year continued the positive momentum for the real estate market although at a reduced rate. Year to year closed sales were up by 0.9% (was up by 12.4% in 2015) and new sales under contract (new pending sales) decreased by 4.1% (was down by 2.1% in 2015).

Both median and average sales prices were up (2015 to 2016) by 12.2% and 6.2% respectively. Showing strong gains in value. These numbers were 10.1% and 5.4% respectively in 2015.

The inventory of available homes for sale decreased by 6.5% from 2015. While the months supply of homes decreased to 4.3 months. Indicating a seller’s market.

Click here to view or download the full report:
Florida Single Family Home Sales 2016 Yearly Review

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 Single Family Home Sales 2016 Yearly Review

Martin County Single Family Homes January 2017 Market Detail

03.01.17 by Gabe Sanders

Martin County Single Family Homes January 2017 Market Detail

The Martin County Single Family Homes Market Detail for January 2017 began the year with reduced sales volume from last year yet an increase in pending sales. Closed sales were down by 24.0% (was up by 14.7% in December). New pending sales increased by 9.4% as compared to January of 2016 (Decreased by 21.6% in December).

Prices, however, increased with the median sales price up by 4.1% from last year (up by 11.6% in December) while the average price increased by 2.7% (was down by 9.3% last month).

The inventory of available single family homes increased from last month by 133 homes to 1,131 units for January, this is 13.2% greater than last January. Current supply of homes is 5.8 months, for January of last year it was a 4.8 months supply. (This is a 20.8% increase from last year). Drifting close to a balanced market for Martin County single family home sales. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
Martin County Single Family Homes January 2017 Market Detail

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Single Family Homes January 2017 Market Detail

Florida Single Family Homes January 2017 Market Detail

02.26.17 by Gabe Sanders

Florida Single Family Homes January 2017 Market Detail

The Florida Single Family Homes Market Detail for January 2017 showed continued positive sales activity from last year, though at a reduced rate of growth. Closed sales were up by 5.2% (was up by 0.8% in December) and new sales under contract (new pending sales) were up by 3.8% (was down by 1.1% in December).

Both the median and average sales prices continued to rise from January 2016 to January 2017. Up by 10.1% and 4.0% respectively, compared to December’s 9.2% and 2.0%.

The inventory of available homes for sale fell by 0.7% from last year. For January there was a 4.2 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (January of 2016 had a 4.3 month supply) A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. Inventory is once again decreasing which continues to put pressure on rising prices and sales.

Click here to view or download the full report:

Florida Single Family Homes January 2017 Market Detail

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Single Family Homes January 2017 Market Detail

Martin County Single Family Homes December 2016 Market Detail

01.30.17 by Gabe Sanders

Martin County Single Family Homes December 2016 Market Detail

The Martin County Single Family Homes Market Detail for December 2016 showed mixed results for sales volume with an increase in closed sales but a decrease in pending sales. Closed sales were up by 14.7% (was up by 0.6% in November). New pending sales decreased by 21.6% as compared to December of 2015 (Decreased by 4.1% in November).

And, there also was mixed signals for prices with the median sales price increasing by 11.6% from last year (down by 0.7% in November) while the average price decreased by 9.3% (was up by 17.2% last month).

The inventory of available single family homes decreased from last month by 39 homes to 998 units for December, this is 7.4% greater than last December. Current supply of homes is 5.0 months, for December of last year it was a 4.5 months supply. (This is a 11.1% increase from last year). Still a sellers market for Martin County single family home sales. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
Martin County Single Family Homes December 2016 Market Detail

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Single Family Homes December 2016 Market Detail

Florida Single Family Homes December 2016 Market Detail

01.28.17 by Gabe Sanders

Florida Single Family Homes December 2016 Market Detail

The Florida Single Family Homes Market Detail for December 2016 showed continued strong sales activity from last year, though at a slower rate of growth. Closed sales were up by 0.8% (was up by 12.8% in November) and new sales under contract (new pending sales) were down by 1.1% (was up by 8.3% in November).

Both the median and average sales prices continued to rise from December 2015 to December 2016. Up by 9.2% and 2.0% respectively, compared to November’s 10% and 6.2%.

The inventory of available homes for sale fell by 2.9% from last year. For December there was only a 3.9 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (December of 2015 had a 4.1 month supply) A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. Inventory is once again decreasing which continues to put pressure on rising prices and sales.

Click here to view or download the full report:

Florida Single Family Homes December 2016 Market Detail

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Single Family Homes December 2016 Market Detail

Lake Tuscany January 2017 Market Report

01.18.17 by Gabe Sanders

Lake Tuscany January 2017 Market Report

As of January 2017, there are 2 homes available for sale in Lake Tuscany with listing prices of $$460,000 and $479,000 for an average list price of $469,500 which is a price per square foot of living area of $122.50.

There is one home currently under contract and awaiting settlement in Lake Tuscany. List price was $399,000 or $111.45 per sq. ft. of living area. This home was on the market for 152 days before going under contract.

In the past 12 months, 12 homes have sold in Lake Tuscany ranging in sales price from $382,500 to $480,000 for an average sales price of $422,125 which equals $150.86 per sq. ft. of living area. These homes took an average of 38 days on market to go under contract and sold at 98% of list price.

About Lake Tuscany:

Lake Tuscany in Stuart FL is a newer subdivision just to the west of I-95 in Martin County, Florida. The homes in Lake Tuscany were mostly completed between 2004 to 2005. This attractive subdivision is set up with a gated entrance and all 98 homes in Lake Tuscany are on Panther Trace which makes a large circle around the lake in the center. Homes range from 3 Bedroom, 3 Bath or 4 BR 2 Baths of around 2100 sq. ft. of living area to spacious 6 Bedroom, 4 Bathroom 2 story homes with lofts and theater rooms with pools by the lakeside along with 3 car garages. All are high quality homes built by local builder Mercedes Homes.

Lake Tuscany boasts lush landscaping and very reasonable Home Owner’s Association fees of $398 per quarter. These fees cover security, the common areas and lake upkeep, basic cable, trash collection and front landscaping. The Lake Tuscany property owners web site is located at this site.

Families in Lake Tuscany enjoy Martin County’s ‘A’ rated schools in the following schools: Crystal Lake Elementary, David L Anderson Middle School and South Fork High School. Shopping is only minutes away and there’s easy access to Martin County’s waterways and just a short drive to the many public beaches.

Search here for currently available Lake Tuscany real estate in Stuart FL

For any questions you may have about Lake Tuscany Real Estate Update in Stuart FL January 2017 , please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

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Lake Tuscany January 2017 Market Report

Osprey Cove in Hobe Sound January 2017 Market Report

01.17.17 by Gabe Sanders

Osprey Cove in Hobe Sound January 2017 Market Report

There are currently 7 homes for sale in Osprey Cove in Hobe Sound, FL. Listing prices range from $625,000 to $1,150,000 for an average list price of $736,714 or a price per square foot of living area of $231.04.

There are 3 homes under contract which have not closed to date. List prices are from $649,900 up to $799,000 for an average list price of $732,633 or $240.87 per sq. ft. of living area. These homes were on the market for an average of 76 days before accepting these offers.

In the past 12 months, 8 homes have sold in Osprey Cove with sales prices ranging from $440,000 to $793,000 for an average sale price of $602,625 or $220.82 per sq. ft. of living area. These sales averaged 75 days on the market and sales prices averaged 95% of list price.

Clubhouse

Osprey Cove in Hobe Sound, Florida is a waterfront community off of Gomez Avenue in the vibrant Hobe Sound area of Martin County, Florida. It is also known as the Osprey Cove Yacht Club and boasts 32 deep water boat slips just off the Intracoastal Waterway. There are only 86 homes in this gated community that broke ground in late 2000 with homes being completed from 2000 through 2006. Homes range in size from 3 bedroom, 3 bathroom, 2 car garage homes of 2,230 sq. ft. to 5 bedroom, 4 and 1/2 bathroom, 3 car garage pool homes of over 4,000 sq. ft. of living area. There’s also a community pool and tennis court available to all residents.

For boaters, the docks are approximately 5 miles from the Saint Lucie Inlet of Martin County and just under 10 miles from the Jupiter Inlet in Palm Beach County. All Osprey Cove residents enjoy easy access to shopping, restaurants and the pristine beaches of Jupiter Island in Martin County.

For families, the Martin County School District is one of the highest rated in Florida and children attend the Hobe Sound elementary school, Murray middle school and South Fork high school. There are also a number of excellent private schools located nearby, including the Pine School.

You can find additional information at the Osprey Cove in Hobe Sound Homeowner’s Association web page.

For any questions you may have about Osprey Cove in Hobe Sound, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Hobe Sound Florida Real Estate

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Osprey Cove in Hobe Sound January 2017 Market Report

Cedar Pointe Village 6 101-8 Sold

01.16.17 by Gabe Sanders

Cedar Pointe Village 6 101-8 Sold

Cedar Pointe Village 6 condo in building 101, Unit 8 listed for $74,900 has been sold for $70,000 with the buyer brought to the community by Gabe Sanders

I’m sorry you missed this one, but more are available. Give me a call at 772-323-6996!

Located in the Heart of Stuart, FL within walking distance to all necessities and close to beaches, this 2/2 condo had belonged to one owner since built. Lovingly cared for it has south exposure on screened porch, remodeled baths by European Kitchen Cabinets, updated kitchen, tiled back splash, 1 year new range, newer water heater, 3 year new fresh paint, new carpet in living room & newer large tile in kitchen, hall, foyer and dining room. No pets are allowed in Village 6 of Cedar Pointe and all buyers must own for one year before renting with a 3 month min. There’s a community laundry on each floor with storage lockers for owners. AC serviced in June 2016. Active clubhouse & pool are beautiful & there is an onsite manager.

Residents of Cedar Pointe live in one of the best locations in Stuart, Florida. Only 3 miles from Stuart Beach and several other fine beaches. Cedar Pointe Plaza is within walking distance of the Village. The Blake Library, The Fresh Market, Dollar Tree, Publix and many medical facilities are walkable. Several restaurants located right in the Plaza such as The Bagel Break, Alice’s, The Bistro and Florentino’s, & The Peacock. For great pizza and other Italian favorites try Camilla’s. Clothing stores such as Anthony’s and Bealls are local favorites. Several churches are close by. Martin Memorial Hospital is only a short drive.

The Historic Downtown Stuart offers many opportunities to dine and shop or just have fun. During the “Season” many outdoor activities and events are scheduled; free Art Festivals, Music Fests, and free concerts on the water front and at the Court House Gazebo.

Several theaters are in the area. Across the street is The Barn, the oldest community theater in the area. The Lyric in Downtown Stuart has a variety of productions. The Sunrise in Ft. Pierce and the Kravitz in Palm Beach offer a fantastic collection of productions, including named stars, opera, musicals and comedy.

In “Season”, Cedar Pointe Villages have many social events; bingo, a variety of card games, Saturday breakfasts, hot dog/hamburger barbecues. And, occasionally a pot luck dinner. Singers and various musical groups from local schools enjoy performing here.

Sports fans will not be disappointed. St. Lucie Mets Spring Training camp. Roger Dean Stadium in Jupiter for the Miami Marlins. Stuart is known as the Sailfish Capitol of the World. Bring or buy your fishing gear as you will have many opportunities to use it. The Annual Boat shows in the area. Fishing tournaments. Kayak and boat tours on the St. Lucie River. Is this not one of the many reasons you want to move here? Oh! Did I forget about golf? Great courses both county and private clubs abound.

Search for all Cedar Pointe Condos for Sale

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Cedar Pointe Village 6 101-8 Sold

Cedar Pointe Village 6 101-8 Under Contract

12.31.16 by Gabe Sanders

Cedar Pointe Village 6 101-8 Under Contract

Cedar Pointe Village 6 condo in building 101, Unit 8 listed for $74,900 is now under contract with the buyer brought to the community by Gabe Sanders

I’m sorry you missed this one, but more are available. Give me a call at 772-323-6996!

Search for all Cedar Pointe Condos for Sale

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

Cedar Pointe Village 6 101-8 Under Contract

Martin County Single Family Homes November 2016 Market Detail

12.30.16 by Gabe Sanders

Martin County Single Family Homes November 2016 Market Detail

The Martin County Single Family Homes Market Detail for November 2016 continues to show reduced sales volume when compared to last years figures. But the market remains quite strong by historical standards. Closed sales were up by 0.6% (was down by 10.7% in October). New pending sales decreased by 4.1% as compared to November of 2015 (Decreased by 0.6% in October).

For November there were mixed signals about prices with the median sales price decreasing by 0.7% from last year (up by 0.9% in October) while the average price increased by 17.2% (was down by 12.1% last month).

The inventory of available single family homes increased from last month by 33 homes to 1037 units for November, this is 8.8% greater than last November. Current supply of homes is 5.3 months, for November of last year it was a 4.5 months supply. (This is a 17.8% increase from last year). Still a sellers market for Martin County single family home sales but inching closer to a balanced market. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
Martin County Single Family Homes November 2016 Market Detail

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Single Family Homes November 2016 Market Detail

Florida Single Family Homes November 2016 Market Detail

12.28.16 by Gabe Sanders

Florida Single Family Homes November 2016 Market Detail

The Florida Single Family Homes Market Detail for November 2016 showed unexpectedly strong sales activity from last year. Closed sales were up by 12.8% (was down by 5.3% in October) and new sales under contract (new pending sales) were up by 8.3% (was down by 7.1% in October).

Both the median and average sales prices continued to rise from November 2015 to November 2016. Up by 10% and 6.2% respectively, compared to October’s 11.7% and 6.4%.

The inventory of available homes for sale fell by 6.8% from last year. For November there was only a 4.1 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (November of 2015 had a 4.4 month supply) A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. Inventory is once again decreasing which continues to put pressure on rising prices and sales.

Click here to view or download the full report:

Florida Single Family Homes November 2016 Market Detail

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Single Family Homes November 2016 Market Detail

Martin County Single Family Homes October 2016 Market Detail

11.29.16 by Gabe Sanders

Martin County Single Family Homes October 2016 Market Detail

The Martin County Single Family Homes Market Detail for October 2016 continues to show reduced sales volume when compared to last years figures, yet don’t mistake this as a weak market, as it remains quite robust. Closed sales were down by 10.7% (was down by 9.2% in September). New pending sales decreased by 0.6% as compared to October of 2015 (Decreased by 1.6% in September).

For October there were mixed signals about prices with the median sales price rising by 0.9% from last year (up by 12.4% in September) while the average price decreased by 12.1% (was down by 8.1% last month). Typically this is a result of higher prices in the lower valued range of home sales and fewer sales in the luxury market.

The inventory of available single family homes increased from last month by 19 homes to 1004 units for October, this is 3.9% greater than last October. Current supply of homes is 5.1 months, for October of last year it was a 4.6 months supply. (This is a 10.9% increase from last year). Still a sellers market for Martin County single family home sales. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
Martin County Single Family Homes October 2016 Market Detail

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Single Family Homes October 2016 Market Detail

November 2016 Market Report for Ocean Bay Villas on Hutchinson Island

11.29.16 by Gabe Sanders

November 2016 Market Report for Ocean Bay Villas on Hutchinson Island

As of November 2016 there are 4 available townhomes in the Ocean Bay Villas community on Hutchinson Island, FL. List prices are from $349,000 up to $$450,000, for an average list price of $408,438 or $170.72 per sq. ft. of living area.

There is 1 townhome under contract. This home was listed for $429,000 or $197.60 per sq. ft. of living area and was on the market for 881 days prior to going under contract.

There have been 5 closed sales in the past 12 months. Sales prices ranged from $367,000 to $445,000 which averages to $396,500 and is equal to $152.91 per sq. ft. of living area. These homes sold for an average of 95% of list price and averaged 77 days on market before going under contract.

Ocean Bay Villas on Hutchinson Island is an exclusive private enclave for only 78 owners located beautiful and unspoiled Hutchinson Island in Saint Lucie County on Florida’s Treasure Coast. All villas in Ocean Bay feature three story luxury town home style residences with elevators and modern updated interiors.

There are three different home plans; The Azalea with 3 Bedrooms, 3 & 1/2 Baths and Den in 2171 sq. ft. of living area. The Beachberry which has 3 Bedrooms, 3 Baths, Den and Office in 2,327 sq. ft. of living area. And, the Cocoplum with with 3 Bedrooms, 3 & 1/2 Baths and Den in 2,579 sq. ft. of living area

All models have two car garages, 9 and 10 foot ceilings. This gated Ocean Side community features an entertainment clubhouse, fitness center, community pool and spa. A true resort style lifestyle that can be yours everyday.

Search for all Available Ocean Bay Villas on Hutchinson Island in Stuart Florida

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Hutchinson Island Florida Real Estate is presented by:
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November 2016 Market Report for Ocean Bay Villas on Hutchinson Island

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