September 2014 Monthly Market Detail St Lucie County Single Family Homes

September 2014 Monthly Market Detail St Lucie County Single Family Homes

September 2014 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors continues to show a robust single family home market.  Closed sales from last year were up by 31.8% (in August they were up by 7.6%) and new sales under contract (new pending sales) decreased by 15.6% (they were up by 17.7% last month).

Both median and average sales prices were up again (year to year) substantially by 17.8% and 16.4% respectively from last September (For last month these figures were 9.6% and 14.3%).  After some slowing in the rate of appreciation, it appears to have increased for the past two months.

The inventory of active listings decreased in September (from last month) by 23 homes to 1,862, which is now under last year’s inventory by 2.7%.  The current supply of inventory is only 4.0 months (an 10.8% decrease from last year).   A strong sellers market for the Saint Lucie County single family home market.  Inventory will soon become a problem as it has been decreasing for many months in a row.

September 2014 Monthly Market Detail St Lucie County Single Family Homes

 

Click here to view or download the full report:  September 2014 Monthly Market Detail St Lucie County Single Family Homes

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.

September 2014 Monthly Market Detail St Lucie County Single Family Homes

September 2014 Monthly Market Detail Martin County Townhouses and Condos

September 2014 Monthly Market Detail Martin County Townhouses and Condos

September 2014 Monthly Market Detail Martin County Townhouses and Condos showed another month of strong gains.  Compared to the Florida state activity, Martin County is outperforming the average in activity and price  Year to year closed sales were up by 22.2% (was up by 11.8% in August) as well as new sales under contract (new pending sales) rose by 44% from September 2013 (was up by 31.3% in August). 

The median sales price decreased by 1% (was up by 2.3% in August) while the average sales price decreased by 0.4% (was up by 11.7% in August) as compared to September of 2013.  We had some good gains back in August, but for September we are back to steady to decreasing sales values.

 The inventory of available townhouses and condos has decreased by 1 unit to 514 properties from last month which is also 10.8% less inventory than was available in September of 2013.   This represents a 5 month supply of inventory (a 9.8% decrease from last year).  A sellers market for townhouses and condos in Martin County for September 2014.

September 2014 Monthly Market Detail Martin County Townhouses and Condos

 

 Click here to view or download the full report:  September 2014 Monthly Market Detail Martin County Townhouses and Condos

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

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

September 2014 Monthly Market Detail Martin County Townhouses and Condos

September 2014 Monthly Market Detail Martin County Single Family Homes

September 2014 Monthly Market Detail Martin County Single Family Homes

The September 2014 Monthly Market Detail Martin County Single Family Homes showed a continued strong market with activity significantly outpacing the average for the state of Florida.  Year to year closed sales were up by 23.3% (was up 22.1% in August). New pending sales increased by 14.1% as compared to September of 2013 (increased by 23.9% in August). 

The median sales price was up by 4% from last year (down by .3% in August) while the average price decreased by .5% (was down by 6.8% last month).  I believe the slower price appreciation in the Marin County residential market is contributing to the active market..

The inventory of available single family homes decreased from August 2014 by 59 homes to 1,229 units this month, this still represents a 2.4% increase from last September.  Current supply of inventory decreased to 6 months from last month’s  6.4 (a 9% decrease from last year).  Currently, Martin County has a balanced market for single family home sales.

September 2014 Monthly Market Detail Martin County Single Family Homes

Click here to view or download the full report:  September 2014 Monthly Market Detail Martin County Single Family Homes

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.

September 2014 Monthly Market Detail Martin County Single Family Homes

September 2014 Monthly Market Detail Florida Townhouses and Condos

September 2014 Monthly Market Detail Florida Townhouses and Condos

For the September 2014 Monthly Market Detail Florida Townhouses and Condos for the state of Florida we’re seeing positive results once again after a disappointing summer.  Year to year closed sales were up by 2.2% as compared to last months decrease of 8.8% and new sales under contract (new pending sales) increased by 1.2% (August’s decrease was 13.1%).

Both median and average sales prices were up (year to year) by 9.8% and 12% respectively (in August they were up by 3.8% and .5%). These fairly large increases can be a mixed blessing as to fast of a rate of appreciation can price many potential buyers out of the market.

Inventory rose for the twelfth month in a row, by 5.3% (was up by 8.9% in August).  The September 2014 numbers show a marked increase in activity levels and we continue as a seller’s market as there is currently a 5.8 months supply of inventory (was 5.7 months in August) which is up 8% from last year.  A 6 months inventory supply is considered a balanced market.

September 2014 Monthly Market Detail Florida Townhouses and Condos

 

Click on the link below or the graphic to see the full market detail report from Florida Realtors:  Click here to view or download the full report:  September 2014 Monthly Market Detail Florida Townhouses and Condos

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

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

September 2014 Monthly Market Detail Florida Townhouses and Condos

September 2014 Monthly Market Detail Florida Single Family Homes

September 2014 Monthly Market Detail Florida Single Family Homes

The September 2014 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors showed more improvement for September and at a better rate than last month.  Year to year closed sales were up by 13.5% (was up by 4.2% in August) and new sales under contract (new pending sales) increased by 10.6% (was up by 3% in August).

Both median and average sales prices continue to rise ( September 2013 to September 2014) by 5.9% and 4% respectively, compared to August’s 3.4% and 4.3%.   Slow and steady appreciation is a sign of a stable and growing real estate market.

The inventory of available homes for sale rose by 7.2% from last year.  This is now a full twelve months of increased inventory.  This increase is a direct result of rising prices as many home sellers have been waiting on the side lines for improved values.  This increase in inventory makes for greater choices and more price competition among sellers. With only a 5.4 months supply of inventory, this is a healthy market with a slight edge to sellers. (September of 2013 had a 5.3 month supply)

September 2014 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:
September 2014 Monthly Market Detail Florida Single Family Homes

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.

September 2014 Monthly Market Detail Florida Single Family Homes

Jensen Beach Lakefront Pool Home Open House

Jensen Beach Lakefront Pool Home Open House

2631 NW Windemere Drive in the Pines of Jensen beach FL will be open for viewers on Sunday, October 19 from 1 to 4 PM.  Listed for $385,000 as an exceptionally well located and maintained home.
The Pines Lakefront Pool Home

A newer lake front 4 bedroom, 3 bathroom pool home in the highly sough after Pines subdivision of Jensen Beach, FL.  This is an immaculately maintained and updated home with private lake views.  Upgrades include granite counter tops, a double convection oven and a convection microwave, Bosch dishwasher; A new Trane 18 SEER multi stage air conditioning unit; Miami/Dade approved storm shutters. New PGT tinted windows; and much more.  There’s an elegant formal dining room as well as both a living and family room in a desirable open free flowing configuration.  The spacious master suite has a separate tub and shower as well as dual vanities.  The fourth bedroom is separate and can easily be used as an in-law suite.  Backup generator outlet in the lanai.

The Pines Lakefront Pool Home

The Pines Lakefront Pool Home

Vie more pictures and information here.

The Pines Lakefront Pool Home

Located adjacent to the new Jensen Beach High School, and Felix A. Williams elementary school, among Martin County’s best schools, is only one reason why living in the Pines and Windemere are so desirable.

Some residents have stated “sending our children to Felix A. Williams is like having a private school in our own back yard.”  “Our Kids can walk to the new High School”

Jensen Beach High School

In addition to the best schools, The Pines is located just 1.5 miles from the beautiful unspoiled beaches of Hutchinson Island, a fantastic public golf course is right next door, a regional park that offers little league and soccer and many family attractions.  “we can play golf without the high cost just next door.”

For others, the best shops of the Treasure Coast Mall with a new 13-plex theater are walking distance and grocery stores are located nearby.

World famous fishing is just a ride away. Stuart is known as the “Sailfish capital of the world.”

Adjacent to the Pines, is the smaller community of Windemere and the Preserves.  Currently, D.R. Horton is in the process of building brand new affordable homes in both the Pines and Windemere subdivisions at some very affordable prices. 

 

For any questions you may have about Jensen Beach Lakefront Pool Home Open House, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

 Search for the Pines and Windemere Re-Sale Homes
Search the Martin County MLS

Jensen Beach Florida Real Estate

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Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Jensen Beach Lakefront Pool Home Open House

Stuart FL 34997 Residential Market Report September 2014

Stuart FL 34997 Residential Market Report September 2014

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for September 2014

 

There are currently 351 active listings (No change from August).

Stuart FL 34997 Residential Market Report September 2014

154 Residential sales are pending and awaiting close or lender approval (Decreased of 17 homes from August).

Stuart FL 34997 Residential Market Report September 2014

87 Homes Sold in September (Decreased by 8 homes from August)

Stuart FL 34997 Residential Market Report September 2014

      The Stuart Florida Residential Market for ZIP Code 34997 has been one of the hottest areas for Martin County residential sales and continues with very strong activity for September.  Pending sales numbers decreased for the second month in a row which might be an indication of slowing activity for the future.  There was also a decrease in closed sales for September as well.
 
     The current one month absorption rate increased to 4 months (was 3.7 months for August).  A hot sellers market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
 
     The 2013 numbers for September, were: 356 active listings, 175 pending listings and 70 closed sales.  Closed sales were above last years numbers, though the other indicators were slightly better last year.
Stuart FL 34997 Residential Market Report September 2014 
 
 

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Stuart FL 34997 Residential Market Report September 2014

Stuart FL 34996 Residential Market Report September 2014

Stuart FL 34996 Residential Market Report September 2014

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for September 2014

 

For September 2014 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 155 active listings (No change from August).

Stuart FL 34996 Residential Market Report September 2014

32 Residential sales are pending and awaiting close or lender approval (Increased by 4 homes from August).

Stuart FL 34996 Residential Market Report September 2014

7 Homes Sold in September (Decreased by 6 homes from August).

Stuart FL 34996 Residential Market Report September 2014

The 34996 zip code area of the Stuart Florida residential real estate market experienced the second month of weaker results after a small rebound in July.  Closed sales were quite weak with no change in the active inventory.  One bright note for the future is the increase in pending numbers.  Whether this is a seasonal occurrence or a weaker market remains to be determined.

The one month absorption rate for the 34996 zip code area of Stuart Florida for September increased to 22 months as compared to August’s 11.9 months.  A strong buyers market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for September of 2013 were: 140 active listings, 16 pending sales and 13 closed sales.  Other than the closed activity, the 34996 zip code for Martin County is outperforming last years activity.

Stuart FL 34996 Residential Market Report September 2014

 

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Stuart FL 34996 Residential Market Report September 2014

Stuart FL 34994 Condo Market Report September 2014

Stuart FL 34994 Condo Market Report September 2014

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for September 2014

For September, 2013 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 95 active condo listings (Down by 10 condos from August).

Stuart FL 34994 Condo Market Report September 2014

42 Condo sales are pending and awaiting close or lender approval. (Up by 2 condos from last month) 

Stuart FL 34994 Condo Market Report September 2014

20 Condos Sold in September (Down by 2 condos from August).

Stuart FL 34994 Condo Market Report September 2014

 Still an active market for the Stuart FL 34994 Condo market.  Unfortunately, the inventory is getting low which means less of a choice for buyers coming into the area (or transitioning to new properties).  Pending sales are very strong while closed sales were down slightly for September.

The one month absorption rate remained basically unchanged at 4.75  months compared to last month’s 4.8.  Still a sellers market.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last September the numbers were 119 active listings, 48 pending sales, and 15 closed sales.  Overall better activity this year when the reduced inventory is factored in as percentages of market activity.

Stuart FL 34994 Condo Market Report September 2014

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Stuart Florida Market Report ZIP Code 34994 – Condo, September 2014

August 2014 Monthly Market Detail St Lucie County Townhouses and Condos

August 2014 Monthly Market Detail St Lucie County Townhouses and Condos

The August 2014 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors showed decreased activity as compared to last year for the past couple of months.  Closed sales were down by 9.1% (was down by 10.4% in July) while new sales under contract (new pending sales) decreased by 0.8% (was down by 3.4% in July). 

The median sales price was up by 7.8% (down 1.4% in July) and the average sales price decreased by 14.2% (was down by 2.4% in July).  Prices rose very rapidly last year and we are seeing some corrections to the market for the past few months.

The inventory of available townhouses and condos decreased by 42 units from last month to 678 units which is down by 18.5% from last August.  Current supply of inventory decreased to 6.6 months from the 6.9 month supply in July and is 17.5% lower than last year.  The St. Lucie County townhouse and condo market is drifting back into a buyers market.  An increase in inventory would help this segment grow faster.

St. Lucie County Townhouse and Condo August 2014

 

 Click here to view or download the full report:
August 2014 Monthly Market Detail St Lucie County Townhouses and Condos

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

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

August 2014 Monthly Market Detail St Lucie County Townhouses and Condos

August 2014 Monthly Market Detail St Lucie County Single Family Homes

August 2014 Monthly Market Detail St Lucie County Single Family Homes

August 2014 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors continues to show a robust single family home market.  Closed sales from last year were up by 7.6% (in July they were up by 17.6%) and new sales under contract (new pending sales) decreased by 17.7% (they were up by 4.2% last month).

Both median and average sales prices were up again (year to year) by 9.6% and 14.3% respectively from last August (For last month these figures were 8.5% and 5.8%).  The rate of appreciation had been slowing for the past few months, but for August it seems to have picked up again.

The inventory of active listings decreased in August (from last month) by 29 homes to 1,885, which is still greater than last year by 4%.  Current supply of inventory is only 4.1 months (an 2.7% increase from last year).   Still a strong sellers market for the Saint Lucie County single family home market.  While inventory levels are higher than last year, they have been decreasing steadily for the last few months.

St. Lucie County Single Family August 2014

 

Click here to view or download the full report:  August 2014 Monthly Market Detail St Lucie County Single Family Homes

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.

August 2014 Monthly Market Detail St Lucie County Single Family Homes

August 2014 Monthly Market Detail Martin County Townhouses and Condos

August 2014 Monthly Market Detail Martin County Townhouses and Condos

August 2014 Monthly Market Detail Martin County Townhouses and Condos showed another month of strong gains.  Compared to the Florida state activity, Martin County is outperforming the average.  Year to year closed sales were up by 11.8% (was unchanged in July) as well as new sales under contract (new pending sales) rose by 31.3% from August 2013 (was unchanged in July). 

The median sales price increased by 2.3% (was down by 10.5% in July) while the average sales price increased by 11.7% (was down 7.4% in July) as compared to August of 2013.  Following two months of decreasing or steady prices, it appears that gains are once again present.

 The inventory of available townhouses and condos has decreased by 19 to 515 units from last month which is also 6.2% less inventory than was available in August of 2013.   The current supply of inventory is 5.1 months (a 6% decrease from last year).  A buyers market for townhouses and condos in Martin County with a continuing decrease of units for sale.

Martin County Townhouse and Condo August 2014

 

 Click here to view or download the full report:  August 2014 Monthly Market Detail Martin County Townhouses and Condos

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

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

August 2014 Monthly Market Detail Martin County Townhouses and Condos

August 2014 Monthly Market Detail Martin County Single Family Homes

August 2014 Monthly Market Detail Martin County Single Family Homes

The August 2014 Monthly Market Detail Martin County Single Family Homes showed a continued strong market with activity significantly outpacing the average for the state of Florida.  Year to year closed sales were up by 22.1% (was up 19.5% in July). New pending sales increased by % as compared to August of 2013 (increased by 21.1% in July). 

The median sales price was down by.3% from last year (up by 2.2% in July) while the average price decreased by 6.8% (was down by 2.9% last month).  These decreasing (or fairly steady) prices are one reason for the active market in Marin County.

The inventory of available single family homes decreased from July 2014 by 6 homes to 1,288 units this month, this still represents an 18.5% increase from last August.  Current supply of inventory decreased to 6.4 months from last month’s 6.6 (a 4.2% increase from last year).  Currently, Martin County has a balanced market for single family home sales.

Martin County Single Family August 2014

 

Click here to view or download the full report:  August 2014 Monthly Market Detail Martin County Single Family Homes

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.

August 2014 Monthly Market Detail Martin County Single Family Homes

August 2014 Monthly Market Detail Florida Townhouses and Condos

August 2014 Monthly Market Detail Florida Townhouses and Condos

For the August 2014 Monthly Market Detail Florida Townhouses and Condos for the state of Florida we’re seeing some disappointing numbers as compared to last year.  But, this is still an active market, just not as robust as it was last August.  Year to year closed sales were off by 8.8% as compared to last months decrease of 6.7% and new sales under contract (new pending sales) decreased by 13.1% (July’s decrease was 13.9%).

Both median and average sales prices were up (year to year) by 3.8% and .5% respectively (in July it was 7.4% and 2.6%). Prices rose very rapidly last year and continue to go up this year though at a much more sustainable rate.  The reduced rate of appreciation should bring some more skittish buyers back into the market.

Inventory rose for the eleventh month in a row, by 8.9% (was up by 10.9% in July).  While the August 2014 numbers show a marked decrease in activity levels this is still a seller’s market as there is currently a 5.7 months supply of inventory (was 5.7 months in July) which is up 10.9% from last year.  A 6 months inventory supply is considered a balanced market.

Florida Townhouse and Condo August 2014

 

Click on the link below or the graphic to see the full market detail report from Florida Realtors:  Click here to view or download the full report:  August 2014 Monthly Market Detail Florida Townhouses and Condos

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

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

August 2014 Monthly Market Detail Florida Townhouses and Condos

August 2014 Monthly Market Detail Florida Single Family Homes

August 2014 Monthly Market Detail Florida Single Family Homes

The August 2014 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors continues to improve though at a much reduced rate from last year.  Year to year closed sales were up by 4.2% (was up by 5% in July) and new sales under contract (new pending sales) increased by 3% (was up by 2.3% in July).

Both median and average sales prices continue to rise ( August 2013 to August 2014) by 3.4% and 4.3% respectively, compared to July’s 3.6% and 4.1%.   A much more reasonable rate of appreciation than last year’s large double digit rises.

The inventory of available homes for sale rose by 13% from last year.  This is now the eleventh month of increased inventory.  This increase is a direct result of rising prices as many home sellers have been waiting on the side lines for improved values.  This increase in inventory makes for greater choices and more price competition among sellers. With only a 5.5 months supply of inventory, this is a healthy market with a slight edge to sellers. (August of 2013 had a 5.1 month supply)Florida Single Family August 2014

Click here to view or download the full report:
August 2014 Monthly Market Detail Florida Single Family Homes

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.

August 2014 Monthly Market Detail Florida Single Family Homes

2631 NW Windemere Dr – Pines Open House Sept 21

2631 NW Windemere Dr – Pines Open House Sept 21

2631 NW Windemere Drive in the Pines of Jensen beach FL will be open for viewers on Sunday, September 21 from 1 to 4 PM.  Listed for $385,000 as an exceptionally well located and maintained home.

A newer lake front 4 bedroom, 3 bathroom pool home in the highly sough after Pines subdivision of Jensen Beach, FL.  This is an immaculately maintained and updated home with private lake views.  Upgrades include granite counter tops, a double convection oven and a convection microwave, Bosch dishwasher; A new Trane 18 SEER multi stage air conditioning unit; Miami/Dade approved storm shutters. New PGT tinted windows; and much more.  There’s an elegant formal dining room as well as both a living and family room in a desirable open free flowing configuration.  The spacious master suite has a separate tub and shower as well as dual vanities.  The fourth bedroom is separate and can easily be used as an in-law suite.  Backup generator outlet in the lanai.

The Pines Lakefront Pool Home

The Pines Lakefront Pool Home

Vie more pictures and information here.

The Pines Lakefront Pool Home

Located adjacent to the new Jensen Beach High School, and Felix A. Williams elementary school, among Martin County’s best schools, is only one reason why living in the Pines and Windemere are so desirable.

Some residents have stated “sending our children to Felix A. Williams is like having a private school in our own back yard.”  “Our Kids can walk to the new High School”

Jensen Beach High School

In addition to the best schools, The Pines is located just 1.5 miles from the beautiful unspoiled beaches of Hutchinson Island, a fantastic public golf course is right next door, a regional park that offers little league and soccer and many family attractions.  “we can play golf without the high cost just next door.”

For others, the best shops of the Treasure Coast Mall with a new 13-plex theater are walking distance and grocery stores are located nearby.

World famous fishing is just a ride away. Stuart is known as the “Sailfish capital of the world.”

Adjacent to the Pines, is the smaller community of Windemere and the Preserves.  Currently, D.R. Horton is in the process of building brand new affordable homes in both the Pines and Windemere subdivisions at some very affordable prices. 

For any questions you may have about 2631 NW Windemere Dr – Pines Open House Sept 21, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

 Search for the Pines and Windemere Re-Sale Homes
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Jensen Beach Florida Real Estate

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2631 NW Windemere Dr – Pines Open House Sept 21

Stuart FL 34997 Residential Market Report August 2014

Stuart FL 34997 Residential Market Report August 2014

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for August 2014

 

There are currently 351 active listings (Decreased by 11 homes from July).

Stuart FL 34997 Residential Market Report August 2014

171 Residential sales are pending and awaiting close or lender approval (Decreased of 18 homes from July).

Stuart FL 34997 Residential Market Report August 2014

95 Homes Sold in August (Increased by 17 homes from July)

Stuart FL 34997 Residential Market Report August 2014

      The Stuart Florida Residential Market for ZIP Code 34997 has been one of the hottest areas for Martin County residential sales.  After two months of increased pending sales (though pending sales were off for August) we see the results with a nice increase in closed sales.  The available inventory decreased again this month.
 
     The current one month absorption rate decreased to 3.7 months (was 4.6 months for July).  A hot sellers market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
 
     The 2013 numbers for August, were: 347 active listings, 157 pending listings and 68 closed sales.  For the 34997 zip code of Stuart the 2014 market momentum continues at a much improved pace than last year ( which was a strong market as well).
 
Stuart FL 34997 Residential Market Report August 2014
 
 

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Stuart FL 34997 Residential Market Report August 2014

Stuart FL 34996 Residential Market Report August 2014

Stuart FL 34996 Residential Market Report August 2014

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for August 2014

 

For August 2014 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 155 active listings (Decreased by 14 homes from July).

Stuart FL 34996 Residential Market Report August 2014

28 Residential sales are pending and awaiting close or lender approval (Decreased by 4 homes from July).

Stuart FL 34996 Residential Market Report August 2014

13 Homes Sold in August (Decreased by 8 homes from July).

Stuart FL 34996 Residential Market Report August 2014

The 34996 zip code area of the Stuart Florida residential real estate market showed weaker August results after a small rebound in July.  All measured activity decreased for August.  With the inventory levels so low and with prices rising, buyers are getting a bit more picky in their selections.

The one month absorption rate for the 34996 zip code area of Stuart Florida for August increased to 11.9 months as compared to July’s 8 months.  A strong buyers market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for August of 2013 were: 125 active listings, 26 pending sales and 25 closed sales.  We still have greater number of available homes as well as pending sales as compared to 2013, though the closed sales were off this year.

Stuart FL 34996 Residential Market Report August 2014

Stuart, FL Real Estate

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Stuart FL 34996 Residential Market Report August 2014

Stuart FL 34994 Condo Market Report August 2014

Stuart FL 34994 Condo Market Report August 2014

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for August 2014

For August, 2013 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 105active condo listings (Down by 13 condos from July).

Stuart FL 34994 Condo Market Report August 2014

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

Stuart FL 34994 Condo Market Report August 2014

 

22 Condos Sold in August (Down by 3 condos from July).

Stuart FL 34994 Condo Market Report August 2014

Typically the Stuart FL 34994 Condo market slows a bit in the summer, which we can see for August.   Closed sales were off slightly while the inventory of available condos also decreased. Pending sales remained unchanged.

The one month absorption rate edged up to 4.8  months compared to last month’s 4.7.  Still a sellers market.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last August the numbers were 112 active listings, 48 pending sales, and 16 closed sales.  Continuing a trend of improved activity for 2014.

Stuart FL 34994 Condo Market Report August 2014

 

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Stuart Florida Market Report ZIP Code 34994 – Condo, August 2014

Open House in the Pines 4 BR Lakefront Pool Home

Open House in the Pines 4 BR Lakefront Pool Home

2631 NW Windemere Drive in the Pines of Jensen beach FL will be open for viewers on Sunday, September 14 from 1 to 4 PM.  Listed for $385,000 as an exceptionally well located and maintained home.

A newer lake front 4 bedroom, 3 bathroom pool home in the highly sough after Pines subdivision of Jensen Beach, FL.  This is an immaculately maintained and updated home with private lake views.  Upgrades include granite counter tops, a double convection oven and a convection microwave, Bosch dishwasher; A new Trane 18 SEER multi stage air conditioning unit; Miami/Dade approved storm shutters. New PGT tinted windows; and much more.  There’s an elegant formal dining room as well as both a living and family room in a desirable open free flowing configuration.  The spacious master suite has a separate tub and shower as well as dual vanities.  The fourth bedroom is separate and can easily be used as an in-law suite.  Backup generator outlet in the lanai.

The Pines Lakefront Pool Home

The Pines Lakefront Pool Home

Vie more pictures and information here.

The Pines Lakefront Pool Home

Located adjacent to the new Jensen Beach High School, and Felix A. Williams elementary school, among Martin County’s best schools, is only one reason why living in the Pines and Windemere are so desirable.

Some residents have stated “sending our children to Felix A. Williams is like having a private school in our own back yard.”  “Our Kids can walk to the new High School”

Jensen Beach High School

In addition to the best schools, The Pines is located just 1.5 miles from the beautiful unspoiled beaches of Hutchinson Island, a fantastic public golf course is right next door, a regional park that offers little league and soccer and many family attractions.  “we can play golf without the high cost just next door.”

For others, the best shops of the Treasure Coast Mall with a new 13-plex theater are walking distance and grocery stores are located nearby.

World famous fishing is just a ride away. Stuart is known as the “Sailfish capital of the world.”

Adjacent to the Pines, is the smaller community of Windemere and the Preserves.  Currently, D.R. Horton is in the process of building brand new affordable homes in both the Pines and Windemere subdivisions at some very affordable prices. 

For any questions you may have about Open House in the Pines 4 BR Lakefront Pool Home, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Open House in the Pines 4 BR Lakefront Pool Home