Oceanfront Condo Price Reduced

03.17.14 by

Oceanfront Condo Price Reduced

The new price for this oceanfront condo is now $197,000!  Best price for a Stuart Condo on Hutchinson Island on the water.

Suntide Ocean Front Condo on Hutchinson Island in Stuart Florida

Great opportunity for this Suntide Condo on Hutchinson Island in Stuart.  Fully furnished with an updated kitchen, ocean front condo in Martin County’s prime Hutchinson Island location and building. Spacious 2 bedroom split plan with everything one needs for a full-time home or that special Florida tropical retreat. Suntide includes private beach access, heated pool, tennis courts, shuffleboard, wash area, newly renovated clubhouse with billiards, card table, fully equipped kitchen, bar, library and entertaining area as well as a profession fitness center. Under building secured parking. This well-appointed condo is ready for immediate occupancy.
Suntide Ocean Front Condo on Hutchinson Island in Stuart Florida
Suntide is the first condo complexes north of the Stuart Causeway on Hutchinson Island in Martin County.   Constructed originally in 1972, it retains much of the original and unique architecture of the times, yet boasts terrific amenities and at a much more reasonable price than much of the competition.  Please call and ask about Suntide.
Suntide Ocean Front Condo on Hutchinson Island in Stuart Florida
Suntide Ocean Front Condo on Hutchinson Island in Stuart Florida

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Oceanfront Condo Price Reduced

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

St Lucie County Townhouse and Condo Sales 2013 Yearly Review

03.11.14 by

St Lucie County Townhouse and Condo Sales 2013 Yearly Review

For the St Lucie County Townhouse and Condo Sales 2013 Yearly Review indicated strong activity but at a reduced volume as compared to 2012.  Year to year closed sales were up by 7.5% as compared to 2012 which saw an increase of 24.2% and new sales under contract (new pending sales) increased by 30.9% (2012 saw a n increase of 38.6%).

St Lucie County Townhouse and Condo Sales 2013 Yearly Review

Both median and average sales prices were up (year to year) by 26.2% and 16.1% respectively (2012 numbers were 18.5% and 14.7%).  Very significant gains that may explain why the reduced volume of sales for this year as townhouses and condos become less affordable.

Inventory decreased by 11.1% as compared to 2012’s decrease of 24.4%. While the supply of inventory dropped to 8.8 months as compared to 9.6 months for 2012.  Still in a buyer’s market for Saint Lucie County townhouses and condos.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales 2013 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 2013 Yearly Review

St Lucie County Single Family Home Sales 2013 Yearly Review

03.10.14 by

St Lucie County Single Family Home Sales 2013 Yearly Review

The St Lucie County Single Family Home Sales 2013 Yearly Review as reported by Florida Realtors indicates that Saint Lucie County had excellent market activity for single family homes throughout the year of 2013.  Unfortunately, not quite as strong as 2012 in terms of volume of sales.  Year to year closed sales were up by 7.5% (was up by 16.% in 2012) and new sales under contract (new pending sales) increased by 30.9% (was up by 44.7% in 2012).

St Lucie County Single Family Home Sales 2013 Yearly Review

Both median and average sales prices were up (2012 to 2013) by 20% and 13.4% respectively.   Showing strong gains in value.  These numbers were 5.3% and 1.8% respectively in 2012.  This large increase in values is why the rate of sales has fallen for 2013 as homes become more expensive and less affordable.

The inventory of available homes for sale increased by 11.9% from 2012 (When there was a 38.1% decrease).  While the months supply of homes increased slightly to 5.2 months from 5 months for 2012.  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 2013 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 2013 Yearly Review

Martin County Townhouse and Condo Sales 2013 Yearly Review

03.08.14 by

Martin County Townhouse and Condo Sales 2013 Yearly Review

For the Martin County Townhouse and Condo Sales 2013 Yearly Review showed a continued strengthening of this segment of the Martin County real estate market.   Year to year closed sales were up by 14.5% as compared to 2012 which saw an increase of 5.2% and new sales under contract (new pending sales) increased by 29.2% (2012 saw a n increase of 15%).

Martin County Townhouse and Condo Sales 2013 Yearly Review

 

Both median and average sales prices were up (year to year) by 14.9% and 12.3% respectively (2012 numbers were 3.9% and 5.4%).  Very significant gains, especially when compared to recent years.

Inventory decreased by 17.5% as compared to 2012’s decrease of 17%. While the supply of inventory dropped to 6.3 months as compared to 8.7 months for 2012.  A balanced market for Martin County townhouses and condos.  I’m a bit concerned over the continued decrease in available inventory as this will lead to reduced numbers in the future.  Though, as prices continue to gain, I expect inventories to rise as well.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2013 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 2013 Yearly Review

Martin County Single Family Home Sales 2013 Yearly Review

03.07.14 by

Martin County Single Family Home Sales 2013 Yearly Review

The Martin County Single Family Home Sales 2013 Yearly Review as reported by Florida Realtors indicates just how strong the market performed in 2013 for the Martin County single family housing market.   Year to year closed sales were up by 19.5% (was up by 16.8% in 2012) and new sales under contract (new pending sales) increased by 36.7% (was up by 29% in 2012).

Martin County Single Family Home Sales 2013 Yearly Review

 

Both median and average sales prices were up (2012 to 2013) by 12.6% and 5.5% respectively.   Showing strong gains in value.  These numbers were 3.1% and 1.2% respectively in 2012.

The inventory of available homes for sale increased by only 2.7% from 2012.  While the months supply of homes decreased to 6.5.  Indicating 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 2013 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 2013 Yearly Review

Florida Townhouse and Condo Sales 2013 Yearly Review

03.04.14 by

Florida Townhouse and Condo Sales 2013 Yearly Review

For the Florida Townhouse and Condo Sales 2013 Yearly Review for the state of Florida shows continued growth and strengthening of this segment of the real estate market.   Year to year closed sales were up by 5.1% as compared to 2012 which saw an increase of 2.1% and new sales under contract (new pending sales) increased by 9.7% (2012 saw a n increase of 6.4%).

Florida Townhouses and Condos 2013

 

Both median and average sales prices were up (year to year) by 20.1% and 13.1% respectively (2012 numbers were 18.5% and 14.3%).  Very significant gains.

Inventory increased by 1.6% as compared to 2012’s decrease of 25%. While the supply of inventory dropped to 5.8 months as compared to 6 months for 2012.  Close to a balanced market for Florida townhouses and condos.

 Click here to view or download the full report:  Florida Townhouse and Condo Sales 2013 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 2013 Yearly Review

Florida Single Family Home Sales 2013 Yearly Review

03.03.14 by

Florida Single Family Home Sales 2013 Yearly Review

The Florida Single Family Home Sales 2013 Yearly Review as reported by Florida Realtors shows that 2013 was a year of recovery for the Florida single family housing market.   Year to year closed sales were up by 11.8% (was up by 8.5% in 2012) and new sales under contract (new pending sales) increased by 17.6% (was up by 17.5% in 2012).

Florida Single Family 2013

 

Both median and average sales prices were up (2012 to 2013) by 15.9% and 11.6% respectively.   Showing strong gains in value.  These numbers were 8.6% and 7.3% respectively in 2012.

The inventory of available homes for sale increased by 11.9% from 2012.  While the months supply of homes remained steady at 5.5.  Indicating a seller’s market.

Click here to view or download the full report:
Florida Single Family Home Sales 2013 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 2013 Yearly Review

January 2014 Monthly Market Detail St Lucie County Townhouses and Condos

03.01.14 by

January 2014 Monthly Market Detail St Lucie County Townhouses and Condos

The January 2014 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors had a very positive start to 2014 after a number of disappointing last four months of 2013 for the townhouse and condo segment of the Saint Lucie County real estate market.  Year to year closed sales were up by 12.3% (was down by 19.4% in December) while new sales under contract (new pending sales) decreased by 9.1% (was  down by 29.1% in December).

Values continue to rise as the median sales price up by 4.3% (up 37.1% in December) and the average sales price rose by 45.2% (was up by 38.8% in December).

January 2014 Monthly Market Detail St Lucie County Townhouses and Condos

The inventory of available townhouses and condos increased from last month to 911 units which is still down by 6.5% from last January.  Current supply of inventory remained unchanged from last month to 9.4 months (still an 8.8% decrease from last year).   Back into a buyer’s market.  Unfortunately the low inventory along with the rapid increase in values is hurting the volume of condo and townhouse sales in St. Lucie County.  Once inventory starts to rise, I expect the volume to pick up as well.

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

January 2014 Monthly Market Detail St Lucie County Townhouses and Condos

January 2014 Monthly Market Detail St Lucie County Single Family Homes

02.28.14 by

January 2014 Monthly Market Detail St Lucie County Single Family Homes

January 2014 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors closed out 2013 continues to show strong activity, though at a continued reduced pace that we first noticed in the last couple of months of 2013.  Closed sales from last year were up by 4.8% (in December they were down by 6.9%) and new sales under contract (new pending sales) decreased by 12.9% (they were down by 30% last month).

Both median and average sales prices were up (year to year) by 9.5% and 14.1% respectively from last January. 

January 2014 Monthly Market Detail St Lucie County Single Family Homes

The inventory of active listings rose in January (from last month) to 2247 homes, which is also an increase of 14.2% from last year.  Current supply of inventory is only 5.2 months (a 7.8% increase from last year).   Still a strong sellers market for Saint Lucie County single family homes for sale.  Though the pace is definitely moderating for the past 3 months.

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

January 2014 Monthly Market Detail St Lucie County Single Family Homes

January 2014 Monthly Market Detail Martin County Townhouses and Condos

02.27.14 by

January 2014 Monthly Market Detail Martin County Townhouses and Condos 

January 2014 Monthly Market Detail Martin County Townhouses and Condos report began the year with continued signs of a slowing momentum, but still mostly positive overall results from previous years.   Even though price rises have moderated a bit this month, I’m expecting to see more increases in value until the inventory begins to increase.  Year to year closed sales were up by 4.3% (down by 9% in December) while new sales under contract (new pending sales) decreased by 20.9% (was up 8.1% in December).

January 2014 Monthly Market Detail Martin County Townhouses and Condos

The median sales price increased by 15.2 % (was up a whopping 45% in December) while the average sales price increased by 3.7% (was up 10.4% in December) as compared to January of 2013.

 The inventory of available townhouses and condos has increased by 15 to 638 units from last month, but this is still down from January of 2013 by 19.6%.  Current supply of inventory is 6.4 months (a 29.9% decrease from last year).  The Martin County townhouse and condo market is fairing much better than many other areas of the state.

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

January 2014 Monthly Market Detail Martin County Townhouses and Condos

January 2014 Monthly Market Detail Martin County Single Family Homes

02.26.14 by

January 2014 Monthly Market Detail Martin County Single Family Homes

The January 2014 Monthly Market Detail Martin County Single Family Homes as reported by Florida Realtors began 2014 with mostly a positive start.  Only negative was that new pending sales were off by 18.8% from last year (increased by 9.5% in December).  Closed sales were up by 29.9% (was 17.8% in December).

The median sales price was up by 24.7% from last year while the average price dropped by 8.5%.  This is not an indication of rising or lowering values, but rather the mix of homes that have sold this month.   Generaly values are in fact rising at a fairly moderate pace overall, though individual locations will vary.

January 2014 Monthly Market Detail Martin County Single Family Homes

The inventory of available single family homes increased from December 2013 to 1,355 units, and this is an 8.3% increase from last January.  Current supply of inventory is only 6.9 months (a 9.6% decrease from last year).  We continue to be in a balanced market for residential sales in Martin County.  A continues strong market to begin 2014.

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

January 2014 Monthly Market Detail Martin County Single Family Homes

January 2014 Monthly Market Detail Florida Townhouses and Condos

02.25.14 by

January 2014 Monthly Market Detail Florida Townhouses and Condos

For the January 2014 Monthly Market Detail Florida Townhouses and Condos for the state of Florida a mostly positive result to begin the year as compared to the start of 2013.   Though more positive results than they were for last month.   Year to year closed sales were up by 9.3% as compared to last months decrease of 2.5% and new sales under contract (new pending sales) decreased by 6% (December’s decrease was 8.7%).

January 2014 Monthly Market Detail Florida Townhouses and Condos 

Both median and average sales prices were up (year to year) by 17% and 21% respectively.  Very significant gains.

Inventory rose for the third month in a row, by 3.5%.  If the inventory keeps rising, I expect to see some increases in the sales volume and a leveling off or a moderation to the pretty dramatic price increases we’ve experienced last year.

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:  January 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.

January 2014 Monthly Market Detail Florida Townhouses and Condos

January 2014 Monthly Market Detail Florida Single Family Homes

02.24.14 by

January 2014 Monthly Market Detail Florida Single Family Homes

The January 2014 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors began 2014 with all positive results as compared to the start of 2013.  Both closed and pending sales were up.   Year to year closed sales were up by 10.2% (was up by 8.6% in December) and new sales under contract (new pending sales) increased by 0.7% (was down by4.2% in December).

January 2014 Monthly Market Detail Florida Single Family Homes

Both median and average sales prices were up ( January 2013 to January 2014) by 12.1% and 19.9% respectively.   Very good results compared to the past few months when values increased, but at a much slower rate.

The inventory of available homes for sale increased by 15% from last year.  This is now the fourth 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.  We do need to watch that inventory levels don’t rise so much as to have a negative effect on prices (law of supply and demand).  It does appear that even with the increasing inventory the traffic for the new year is quite high and I expect some strong results for next month.

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

January 2014 Monthly Market Detail Florida Single Family Homes

New Price: Suntide Condo on Hutchinson Island

02.19.14 by

New Price: Suntide Condo on Hutchinson Island

The new price for this oceanfront condo is now $198,000!

Great opportunity for this Suntide Condo on Hutchinson Island in Stuart.  Fully furnished with an updated kitchen, ocean front condo in Martin County’s prime Hutchinson Island location and building. Spacious 2 bedroom split plan with everything one needs for a full-time home or that special Florida tropical retreat. Suntide includes private beach access, heated pool, tennis courts, shuffleboard, wash area, newly renovated clubhouse with billiards, card table, fully equipped kitchen, bar, library and entertaining area as well as a profession fitness center. Under building secured parking. This well-appointed condo is ready for immediate occupancy.
Suntide is the first condo complexes north of the Stuart Causeway on Hutchinson Island in Martin County.   Constructed originally in 1972, it retains much of the original and unique architecture of the times, yet boasts terrific amenities and at a much more reasonable price than much of the competition.  Please call and ask about Suntide.

New Price: Suntide Condo on Hutchinson Island

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

Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code January 2014

02.15.14 by

Stuart Florida Homes for Sale and Sold Report 34997 ZIP code January 2014

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

 

There are currently 424 active listings (Increased by 30 homes from December).

Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code January 2014

149 Residential sales are pending and awaiting close or lender approval (A increase of 19 homes from December).

 Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code January 2014

51 Homes Sold in January (Down by 34 homes from December)

Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code January 2014

The Stuart Florida Market for ZIP Code 34997 started the year with mixed results.  A large rise in inventory as well as a nice jump in pending sales. Unfortunately closed sales took a big drop.  I expect closed sales for January will come up significantly and think this was just a seasonal result.
 
The current one month absorption rate rose to 8.3  months, going back into a buyers market for January (was 4.6 months absorption rate for December).  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.  
 
The 2013 numbers for January, were: 361 active listings, 190 pending listings and 54 closed sales.  Inventory is higher than 2013 and overall activity was not as good as last year.
 
 Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code January 2014
 
 

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Stuart Florida Homes for Sale and Sold Report 34997 zip code January 2014

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code January 2014

02.13.14 by

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code January 2014

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

 

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

 

There are currently 146 active listings (Increased by 18 homes from December).

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code January 2014

 33 Residential sales are pending and awaiting close or lender approval (Increased by 8 homes from December).
 Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code January 2014

17 Homes Sold in January (Increased by 1 home from December).

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code January 2014

After a strong December for the 34996 zip code area of the Stuart Florida residential real estate market, 2014 started with more good news with continued improving numbers.   All measured criteria moved in a positive direction in January.

The one month absorption rate for the 34996 zip code area of Stuart Florida for January increased slightly to 8.6 months as compared to December’s 8 months (mostly because of a larger increase in inventory).  Still a buyer’s market for the 34996 zip code area of Stuart.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for January of 2012 were: 180 active listings, 23 pending sales and 9 closed sales.   Considerably better activity than last year.  Also, this is one of our few areas with continuing reduced inventory, though it did rise this month.

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code January 2014 

 

 

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Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code January 2014

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code January 2014

02.12.14 by

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code January 2014

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

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

 

There are currently 121 active condo listings (Increased by 2 condos from December).

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code January 2014

46 Condo sales are pending and awaiting close or lender approval. (Up by 7 condos from last month) 

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code January 2014

12 Condos Sold in January (Increased by 3 condos from December).

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code January 2014

An excellent start for 2014 from the Stuart Condo market in zip code 34994.  Improved results as compared to December in all categories tracked here. 

The one month absorption rate dropped to 1o.1  months compared to last month’s 13.2.  (Still not as good as some of the strong months of 2013.  This is still a buyer’s market for the 34994 zip code condo market of Stuart FL.  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 January the numbers were 173 active listings, 68 pending sales, and 9 closed sales.   This is one of the few segments of our market with a noticeably smaller inventory as compared to last year.  Yest comparative activity is quite strong when the reduced inventory is factored in.

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code January 2014

 

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

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

Wide Waterfront Home on Kitching Cove Sold

02.09.14 by

Wide Waterfront Home on Kitching Cove Sold

1004 SE Kitching Cove in Port Saint Lucie, FL was sold by the Gabe Sanders BlueWater realty team on January 31, 2014.  The sales price was $635,000.  The buyers plan to make extensive renovations and turn this estate into a true masterpiece.

Kitching Cove Waterfront Pool HomeGorgeous wide water views with Ocean access and no fixed bridges!  Private dock with lift!  100′ frontage on protected Kitching Cove Lagoon!  Kitching Cove Waterfront Pool HomeAn intimate private non gated waterfront community of only 15 homes! Close to Club Med, Sandpiper Bay, golf, boating, shopping, & easy access to the turnpike for commuters!

Kitching Cove Waterfront Pool Home

This is a two story 4,500sq. ft. air conditioned space with 4 bedrooms, 4 1/2 baths, two master suites one up & one down.  The upstairs master suite up includes large loft living room, huge master bedroom, huge master bathroom, jetted roman tub, walk-in shower, walk-in closet and a 2’x10′ mini kitchen & laundry.  A screened wrap around balcony with tranquil river views from every room! Elevator! The lower level has foyer, powder room, formal living & dining rooms, family room, huge 16’x15′ kitchen, master suite, office, two guest bedrooms, laundry and a screened and heated pool with spa.

Kitching Cove Waterfront Pool HomeKitching Cove Waterfront Pool HomeKitching Cove Waterfront Pool HomeKitching Cove Waterfront Pool Home

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Wide Waterfront Home on Kitching Cove Sold

December 2013 Monthly Market Detail St Lucie County Townhouses and Condos

01.31.14 by

December 2013 Monthly Market Detail St Lucie County Townhouses and Condos

Unfortunately the December 2013 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors showed another month of decreasing sales volume as compared to last year.  This is now four months in a row.  This is one of the most under performing sectors in the Treasure Coast and Florida in general for volume.   Year to year closed sales were down by 19.4% (was down by 17.5% in November) while new sales under contract (new pending sales) decreased by 29.1% (was  down by 5.4% in November

Though values were considerably higher this year with the median sales price up by 37.1% (up 40% in November) and the average sales price rose by 38.8% (was up by 31.4% in November).

December 2013 Monthly Market Detail St Lucie County Townhouses and Condos

The inventory of available townhouses and condos decreased from last month to 841 units which is a decrease of 11.1% from last December.  Current supply of inventory remained unchanged from last month to 8.8 months (still an 8.3% decrease from last year).   Unfortunately the low inventory along with the rapid increase in values is hurting the volume of condo and townhouse sales in St. Lucie County.  Once inventory starts to rise, I expect the volume to pick up as well.

 Click here to view or download the full report:
December 2013 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.

December 2013 Monthly Market Detail St Lucie County Townhouses and Condos

December 2013 Monthly Market Detail St Lucie County Single Family Homes

01.30.14 by

December 2013 Monthly Market Detail St Lucie County Single Family Homes

December 2013 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors closed out 2013 with some weaker than expected activity in terms on volume, though most other statistics are quite positive year to year.  Closed sales were  from last year were down by 6.9% (in November they were up by 3.3%) and new sales under contract (new pending sales) decreased by 30% (they were down by 23.9% last month).

Both median and average sales prices were up (year to year) by 19.2% and 12% respectively year to year. 

December 2013 Monthly Market Detail St Lucie County Single Family Homes

 

The inventory of active listings rose in December (from last month) to 2224 homes, also an increase of 11.9% from last year.  Current supply of inventory is only 5.2 months (a 4.1% increase from last year).   Still a strong sellers market for Saint Lucie County single family homes for sale.  Though the pace seems to be slacking a bit.

Please click on the links below to read the full Saint Lucie County single family market detail:

 

Click here to view or download the full report:
December 2013 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.

December 2013 Monthly Market Detail St Lucie County Single Family Homes