August 2014 Monthly Market Detail St Lucie County Townhouses and Condos

09.30.14 by

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

09.28.14 by

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

09.27.14 by

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

09.26.14 by

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

09.25.14 by

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

09.24.14 by

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

09.20.14 by

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
Search the Martin County MLS

Jensen Beach Florida Real Estate

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

2631 NW Windemere Dr – Pines Open House Sept 21

Stuart FL 34997 Residential Market Report August 2014

09.16.14 by

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
 
 

Stuart, FL Real Estate

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Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report August 2014

Stuart FL 34996 Residential Market Report August 2014

09.14.14 by

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

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

Stuart FL 34996 Residential Market Report August 2014

Stuart FL 34994 Condo Market Report August 2014

09.13.14 by

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

 

Search here for Stuart Florida Real Estate for Sale ( Condos)

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

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

Open House in the Pines 4 BR Lakefront Pool Home

09.12.14 by

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

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

Jensen Beach Florida Real Estate

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

Open House in the Pines 4 BR Lakefront Pool Home

September 2014 Market Update for the Pines and Windemere in Jensen Beach

09.02.14 by

September 2014 Market Update for the Pines and Windemere in Jensen Beach

There are currently 10 homes for sale in the Pines and Windemere in Jensen Beach FL.  Prices range from a low of $199,900 up to $429,000 for an average of $145.96 per sq. ft. of living area.  There are no short sales and two bank owned foreclosures in these active listings.

12 homes are under contract awaiting settlement.  Listing prices range from $218,000 up to $395,990 for an average of $132.25 per dq. ft. of living area. There are no short sales and three bank owned foreclosures in these pending listings.

In the past 12 months, there have been 41 sales in the Pines and Windemere of Jensen Beach FL.  Sales prices ranged from a low of $165,000 up to a high of $433,247 representing an average of $129.90 per sq. ft. of living area.  There were 3 short sales and 7 bank owned foreclosures in this group of sales.

the Pines and Windemere

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 September 2014 Market Update for the Pines and Windemere in Jensen Beach is so desirable.

Jensen Beach High School

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”

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.”

the Pines and Windemere

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.”

the Pines and Windemere

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. 

 the Pines and Windemere

For any questions you may have about September 2014 Market Update for the Pines and Windemere in Jensen Beach, 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

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

September 2014 Market Update for the Pines and Windemere in Jensen Beach

The Pines Lakefront Pool Home Just Listed

08.30.14 by

The Pines Lakefront Pool Home Just Listed

2631 NW Windemere Drive is now available for purchase.  Listed price is $385,000 for this 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 The Pines Lakefront Pool Home Just Listed, 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

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

The Pines Lakefront Pool Home Just Listed

July 2014 Monthly Market Detail St Lucie County Townhouses and Condos

08.29.14 by

July 2014 Monthly Market Detail St Lucie County Townhouses and Condos

The July 2014 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors showed decreased activity as compared to last year as well as the past two months.  Closed sales were down by 10.4% (was up by 15.5% in June) while new sales under contract (new pending sales) decreased by 11.9% (was up by 6% in June). 

The median sales price was down by 1.4% (down 4.6% in June) and the average sales price increased by 2.4% (was down by 1.8% in June).  This is now the fourth month of either decreasing values or just holding steady.  Prices rose very rapidly last year, this is most likely a small correction.

The inventory of available townhouses and condos decreased by 36 units from last month to 720 units which is down by 11.5% from last July.  Current supply of inventory decreased to 6.9 months from the 7.2 month supply in June and is 11.8% lower than last year.  The St. Lucie County townhouse and condo market appears to be in a balanced market for now.  An increase in inventory would help this segment grow faster.

July 2014 Monthly Market Detail St Lucie County Townhouses and Condos

 

 Click here to view or download the full report:
July 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.

July 2014 Monthly Market Detail St Lucie County Townhouses and Condos

July 2014 Monthly Market Detail St Lucie County Single Family Homes

08.28.14 by

July 2014 Monthly Market Detail St Lucie County Single Family Homes

July 2014 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors continues with strong market activity and rising prices, with increased volume from last year.  Closed sales from last year were up by 17.6% (in June they were up by 16.2%) and new sales under contract (new pending sales) decreased by 4.2% (they were up by 7.7% last month).

Both median and average sales prices were up again (year to year) by 8.5% and 5.8% respectively from last July (For last month these figures were 11.5% and 7.2%).  The rate of appreciation has been slowing for the past few months, but still showing some strong growth in values.

The inventory of active listings decreased in July (from last month) by 61 homes to 1,914, which is still greater than last year by 15.7%.  Current supply of inventory is only 4.2 months (an 8.9% 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.

July 2014 Monthly Market Detail St Lucie County Single Family Homes

 

Click here to view or download the full report:  July 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.

July 2014 Monthly Market Detail St Lucie County Single Family Homes

July 2014 Monthly Market Detail Martin County Townhouses and Condos

08.27.14 by

July 2014 Monthly Market Detail Martin County Townhouses and Condos

July 2014 Monthly Market Detail Martin County Townhouses and Condos was basically flat in terms of activity as compared to last year.  Year to year closed sales were unchanged (was up by 11.5% in June) as well as new sales under contract (new pending sales) also unchanged from July 2013 (was down 19.4% in June). 

The median sales price decreased by 10.5% (was up by 3.1% in June) while the average sales price decreased by 7.4% (was down 4.9% in June) as compared to July of 2013.  After nearly a year of pretty impressive price rises, values were off for the third month in a row indicating some weakness in this sector of the Martin County real estate market.

 The inventory of available townhouses and condos has decreased by 24 to 534 units from last month which is also 3.4% less inventory than was available in July of 2013.   The current supply of inventory is 5.3 months (a 3.4% decrease from last year).  While we are still in a seller’s market for condos and townhomes, the decreasing inventory as well as flat sales activity and value drops are of concern.

July 2014 Monthly Market Detail Martin County Townhouses and Condos

 

 Click here to view or download the full report:  July 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.

July 2014 Monthly Market Detail Martin County Townhouses and Condos

July 2014 Monthly Market Detail Martin County Single Family Homes

08.26.14 by

July 2014 Monthly Market Detail Martin County Single Family Homes

The July 2014 Monthly Market Detail Martin County Single Family Homes showed continued strong market activity.  Martin County single family home sales exceeded the average in the state and continues to show excellent strength.  Year to year closed sales were up by 19.5% (was up only 19.6% in June). New pending sales increased by 21.1% as compared to July of 2013 (increased by 15.7% in June).  This continues strong trend that was not present at the beginning of the year.

The median sales price was up by 2.2% from last year (up by 13.7% in June) while the average price decreased by 2.9% (was up by 9.2% last month).  A moderating of price increases is a positive for future sales, keeping the rate of increase lower makes homes more affordable.

The inventory of available single family homes decreased from June 2014 by 97 homes to 1,294 units this month, this still represents a 20.6% increase from last July.  Current supply of inventory decreased to 6.6 months from last month’s 7.2 (a 7.8% increase from last year).  This market is in a slight advantage for buyers.

July 2014 Monthly Market Detail Martin County Single Family Homes

 

Click here to view or download the full report:  July 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.

July 2014 Monthly Market Detail Martin County Single Family Homes

July 2014 Monthly Market Detail Florida Townhouses and Condos

08.25.14 by

July 2014 Monthly Market Detail Florida Townhouses and Condos

For the July 2014 Monthly Market Detail Florida Townhouses and Condos for the state of Florida showed less activity as compared to last year as well as last month.  Year to year closed sales were off by 6.7% as compared to last months increase of 3.1% and new sales under contract (new pending sales) decreased by 13.9% (June’s decrease was 9%).

Both median and average sales prices were up (year to year) by 7.4% and 2.6% respectively (in June it was 8.5% and 5.8%). Prices rose very rapidly last year and continue to go up this year at a reduced pace.  One reason for the reduced activity is the fact that these properties are considerably more expensive than they have been in the recent past.

Inventory rose for the tenth month in a row, by 10.9% (was up by 13.4% in June).  While the July 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 5.8 months in June) which is up 11.2% from last year.  A 6 months inventory supply is considered a balanced market.

July 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:  July 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.

July 2014 Monthly Market Detail Florida Townhouses and Condos

July 2014 Monthly Market Detail Florida Single Family Homes

08.24.14 by

July 2014 Monthly Market Detail Florida Single Family Homes

The July 2014 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors continues with improving market results, though at a bit of a slower rate than last month.  Year to year closed sales were up by 5% (was up by 14.6% in June) and new sales under contract (new pending sales) increased by 2,3% (was down by 4.1% in June).

Both median and average sales prices continue to rise ( July 2013 to July 2014) by 3.6% and 4.1% respectively, compared to June’s 5.2% and 4.2%.   While still positive numbers, the rate of appreciation appears to be slowing.

The inventory of available homes for sale rose by 17.5% from last year.  This is now the tenth 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. (2013 had a 5.0 month supply)

July 2014 Monthly Market Detail Florida Single Family Homes

 

Click here to view or download the full report:
July 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.

July 2014 Monthly Market Detail Florida Single Family Homes

Cedar Pointe Condo Village 7 Sold

08.24.14 by

Cedar Pointe Condo Village 7 Sold

Cedar Pointe Condo Village 7  Building 120 Unit 7 has been sold by the Gabe Sanders BlueWater realty team.
This 1 Bedroom, 1 Bathroom condo has been sold without the buyer every seeing the condo in person.  The sales price was $37,000.Cedar Pointe Village 7 Condo

Nicely furnished 1 bedroom, 1-1/2 bath condo on 2nd floor in desirable Village 7. Diagonal ceramic tile in living area & bathrooms; Berber carpet in bedroom & walk-in closet. Screened/tiled patio. Brand new roof, hurricane shutters. Laundry & extra storage on same level. Assigned parking. Includes all furniture, cookware, dishes, flatware, glassware, linens, etc. No pets allowed. Cedar Pointe is a senior (55+) community located at the foot of the bridge to Hutchinson Island beaches w/lovely community pool & active clubhouse w/full kitchen. Close to beautiful downtown Stuart, Martin Memorial, doctors, fine stores, fabulous restaurants, golf courses, boating, fishing, beaches all within 5 minutes’ drive!

Cedar Pointe Village 7 Condo

Cedar Pointe is an active adult community of 62, 2 story buildings divided into 8 villages with numerous clubhouses and pools as well as recreational areas.  One of the prime locations in the city of Stuart only minutes away from the pristine beaches of the Atlantic Ocean and close to shopping, restaurants and medical facilities.

Cedar Pointe Village 7 Condo

This 55+ community is the jewel of the Stuart area condominiums because of it’s location, reasonable condo fees from the high $200′s to the low $300′s per month depending on size and village (each village sets their own budget).  Cedar Pointe does not allow dogs.  One indoor cat is permitted in Villages 1 through 5.

Cedar Pointe Village 7 Condo

Condominium units consist of 1 bedroom 1 and 1/2 bathroom units and 2 bedroom, 2 bath units.  Each condo has one assigned parking spot along with numerous guests spots throughout the complex.  Laundry facilities are available in each building.

Currently a very affordable complex for those looking for a full time Stuart, Florida home or just a winter getaway.

Cedar Pointe Village 7 Condo

Cedar Pointe Village 7 Condo

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Cedar Pointe Condo Village 7 Sold