Stuart Florida Market Report ZIP Code 34997 – Residential, March 2013

04.10.13 by

Stuart Florida Market Report ZIP Code 34997 – Residential, March 2013

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for March 2013

There are currently 344 active listings (An increase of 12 homes from February).

220 Residential sales are pending and awaiting close or lender approval (An decrease of 23 homes from February).

82 Homes Sold in March (Up 35 homes from February)

For March 2013, the Stuart Florida Market Report ZIP Code 34997 the closed sales almost doubled as a result of the strong pending activity from previous months.  For March, there was a slight increase in inventory as more sellers are beginning to understand that the time is right for selling in Martin County.  Pending sales were off from February, but remain strong.
The current one month absorption rate dropped to 4.2 months which indicates a sellers market for the 34997 Stuart zip code real estate market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.
The 2012 numbers were: 428 active listings, 263 pending listings and 61 closed sales.  With considerably less inventory, this segment of the Stuart residential real estate market remains strong.

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Stuart Florida Market Report ZIP Code 34997 – Residential, March 2013

April 2013 Market Report The Retreat in Hobe Sound

04.06.13 by

April 2013 Market Report The Retreat in Hobe Sound

For the April 2013 Market Report The Retreat in Hobe Sound there are currently 7 homes on the market, ranging in price from $189,900 to $369,000 for an average of $148 per square foot of living area.

There are 8 homes under contract and awaiting sales.  Listing prices range from $199,000 to $399,900 with an average of $145 per sq. ft. of living area.

In the past 12 months, 16 homes have sold in the Retreat.  Sales prices ranged from a low of $175,000 to a high of $380,000 at an average of $129 per sq. ft. of living area.

April 2013 Market Report The Retreat in Hobe Sound

This is a beautiful DiVosta master planned community at the end of Seabranch Ave just west of US-1 in Hobe Sound.  The Retreat contains 555 well built CBS homes ranging from 2 BR to 4 BR homes that continue to impress their owners with their functionality and quality DiVosta construction.

 April 2013 Market Report The Retreat in Hobe Sound

Located near Schools, Golf Courses, Shopping, Medical facilities, Beaches, and all the amenities either a family or a second home owner looks forward to in Florida living.  Amenities at the Retreat include a heated community pool, clubhouse, fitness room and tennis courts.  Golf course access in right next door at Lost Lake.

 April 2013 Market Report The Retreat in Hobe Sound

The Retreat was a finalist in the Communities of Excellence contest in the communications division. Association volunteers under the direction of the Communications Committee utilize a bimonthly newsletter, website, bulletin boards, community television channel, town hall meetings, resident directory, email blasts, and open board meetings with published minutes to get information to and from the residents. The newsletter is particularly popular. The website provides information of a business nature, with a resident showcase for display of artwork.

 April 2013 Market Report The Retreat in Hobe Sound

Currently some select Retreat Homes are available at very attractive prices.

To view these available Retreat Homes for sale, click here.

April 2013 Market Report The Retreat in Hobe Sound

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April 2013 Market Report The Retreat in Hobe Sound


March 2013 Market Report for Lost River Plantation Homes in Stuart, FL

03.28.13 by

March 2013 Market Report for Lost River Plantation Homes in Stuart, FL

As of March 2013, there are 3 available homes for sale in the Lost River Plantation community of Stuart, FL.  Prices range from $599,000 to $654,564 for an average price per sq. ft. of $213.78.

There are four homes under contract ranging in price from $550,508 to $659,900 for an average of $216.48 per sq. ft. of living area.  All four are conventional sales and two of these are new homes built by Kolter homes.

In the past 12 months, there have been six sales ranging in sales prices from $405,000 to $600,000 for an average sales price of $184.65 per sq. ft. of living area.

 Lost River Plantation in Stuart, Florida consists of 111 homes all with private docks and Ocean access via the South Fork of the Saint Lucie River.  All, but just a handful of the homes have waterfront and dockage located in the backyard.  Suitable for deep draft ocean going vessels with some docks able to accommodate over 50’ vessels.  All homes are of newer construction (from 2004 to the present).  There are a limited number of new homes not on the MLS available now or to be built, please call us for details.

This is a spectacular waterfront community with very private and protected waterfront areas.  There is a community marina with a clubhouse that offers a fitness center, kitchen and social rooms.  For those wishing to commute to pints north or south, Lost River is very conveniently located near the Interstate for easy access.  Yet, it’s only 10 to 20 minutes’ drive to the pristine beaches and  quaint downtown areas of Stuart, Florida.  Also close to shopping, restaurants as well as medical facilities.  Lost River Plantation is a tremendous opportunity for newer waterfront construction.  A rare gem in this real estate market!

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March 2013 Market Report for Lost River Plantation Homes in Stuart, FL

March 2013 Market Report for Ocean Bay Villas on Hutchinson Island

03.20.13 by

March 2013 Market Report for Ocean Bay Villas on Hutchinson Island

As of March 15, 2013 there are 3 available homes in the Ocean bay Villas community on Hutchinson Island, FL.  List prices are from $300,000 to $550,000.

There are two sales pending.  List prices are $320,000 and $239,000 with the lower priced one being a short sale.

There have been 5 closed sales in the past 12 months.  Sales prices ranged from $225,000 to $399,000.   Two of these sales were short sales, 1 bank owned and 2 conventional sales.

March 2013 Market Report for Ocean Bay Villas on Hutchinson Island

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

March 2013 Market Report for Ocean Bay Villas on Hutchinson Island

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

March 2013 Market Report for Ocean Bay Villas on Hutchinson Island

March 2013 Market Report for Ocean Bay Villas on Hutchinson Island

March 2013 Market Report for Ocean Bay Villas on Hutchinson Island

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

Search for all Available Ocean Bay Villas on Hutchinson Island in Stuart Florida
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March 2013 Market Report for Ocean Bay Villas on Hutchinson Island

Stuart Florida Market Report ZIP Code 34997 – Residential, February 2013

03.17.13 by

Stuart Florida Market Report ZIP Code 34997 – Residential, February 2013

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for February 2013

 

There are currently 332 active listings (A decrease of 29 homes from January).

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243 Residential sales are pending and awaiting close or lender approval (An increase of 53 homes from January).

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47 Homes Sold in February (Down 7 homes from January)

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For February 2013, the Stuart Florida Market Report ZIP Code 34997 the closed sales were off marginally, but an impressive number of pending sales which should result in a stronger sold homes report in the next few months.  With the big increase in pending sales, the active inventory of available homes decreased significantly this month.
 
The current one month absorption rate climbed to 7.7 months which indicates a buyers market for the 34997 Stuart zip code real estate market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.
 
The 2012 numbers were: 471 active listings, 242 pending listings and 60 closed sales.  Even with over 100 fewer available homes on the market this year, pending sales remained as strong as last year.
 
 

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Stuart Florida Market Report ZIP Code 34997 – Residential, February 2013

Stuart Florida Market Report ZIP Code 34996 – Residential, February 2013

03.14.13 by

Stuart Florida Market Report ZIP Code 34996 – Residential, February 2013

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for February 2013

 

For February, 2013 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 179 active listings (Decreased by 1 home from January).

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47 Residential sales are pending and awaiting close or lender approval (Increased by 24 from January).

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5 Homes Sold in February (Down 4 homes from January).

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In the 34996 zip code area of Stuart Florida real estate market activity for February 2013 the most glaring change is more than a 50% jump in pending sales.  Sales were off for the month, reflecting the reduced activity from the holiday season.  Inventory remained unchanged and is now getting quite low if all the pending sales close in the next few months.

The one month absorption rate for the 34996 zip code area of Stuart Florida for February jumped to 36 months, which represents a strong buyer’s market.  This figure should be dropping as the pending sales close in the coming months. A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for February of 2012 were: 183 active listings, 35 pending sales and 8 closed sales.  Very similar numbers from last year to this year.

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Stuart Florida Market Report ZIP Code 34996 – Residential, February 2013

Stuart Florida Market Report ZIP Code 34994 – Condo, February 2013

03.13.13 by

Stuart Florida Market Report ZIP Code 34994 – Condo, February 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for February 2013

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

 

There are currently 134 active condo listings (A drop of 24 condos from January).

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50 Condo sales are pending and awaiting close or lender approval. (Up 9 condos from last month)

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19 Condos Sold in February (An increase of 4 condos from January).

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Another strong month for the Stuart Condo market for zip code 34994.   Both pending and closed sales increased from January.  Unfortunately the inventory decreased by a fairly large amount.

The one month absorption rate dropped to 7 months, which still signifies a buyers market, although only a slight one.  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 February the numbers were 134 active listings, 43 pending sales, and 7 closed sales.  Considerably better numbers for this year with a similar inventory. 

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Stuart Florida Market Report ZIP Code 34994 – Condo, February 2013

Port Saint Lucie Pool Home Sold

03.08.13 by

Port Saint Lucie Pool Home Sold

Just sold at 98% of list price in Port saint Lucie.

1622 SE Berkshire Blvd., Port Saint Lucie, FL 34952

East Port Saint Lucie Pool Home

Great open spaces in this 4 Bedroom, 3 Bathroom, heated and screened pool home in East Port saint Lucie. Rare over 1/2 Acre lot on canal (non-navigable) with lots of room for gardens, parking or just to enjoy that private feeling with lots of room between you and your neighbors. A large eat in kitchen is the center piece of this home with a bright family room with skylights and a formal living and dining areas. Master suite has walk in closet and dual vanities with separate tub and shower. This 1999 built home is solid CBS construction and has accordion hurricane shutters. Easy access to Jensen Beach and the beaches via the Green River Parkway and close to the Port Saint Lucie Civic Center as well as restaurants, shopping and medical facilities.

East Port Saint Lucie Pool Home

Additional pictures and info on 1622 SE Berkshire Blvd.

East Port Saint Lucie Pool Home

Download a brochure for 1622 SE Berkshire Blvd.

East Port Saint Lucie Pool Home

East Port Saint Lucie Pool Home

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Port Saint Lucie Pool Home Sold

February 2013 market Update for Sugar Hill in Jensen Beach

02.25.13 by

February 2013 market Update for Sugar Hill in Jensen Beach

As of Feb. 23 2013, there are 4 homes on the market in Sugar Hill in Jensen Beach, FL.  Listing prices range from $329,000 to $499,000 with an average of $165.31 per sq. ft. of living area.

Currently, no homes are under contract.

There have been 4 homes sold in the past 12 months in Sugar Hill.  Sales prices ranged from $290,000 to $447,000 for an average of $114.99 per sq. ft. of living area.

Sugar Hill in Jensen Beach Florida

February 2013 market Update for Sugar Hill in Jensen Beach is an eye pleasing high elevation neighborhood filled with upscale homes in Jensen Beach. All homes have very spacious yards that are surrounded with gorgeous Florida foliage. Most homes are timeless architectural works of beauty! Houses range from 2 to 5 bedrooms and 2 to 5 bathrooms, so whatever size you are looking for, Sugarhill is sure to have it. The neighborhood is located just minutes from all that Jensen Beach has to offer, like the beautiful stretches of beach on Hutchinson Island, the fantastic shopping at the Treasure Coast Square Mall, many restaurants you are sure to love, and our ‘A’ rated schools for all grade levels!

Sugar Hill in Jensen Beach FloridaSugarhill has very reasonable HOA fees of only $500.00 per year.

Sugar Hill in Jensen Beach Florida

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

Sugar Hill in Jensen Beach Florida

 

Here are the currently available homes in February 2013 market Update for Sugar Hill in Jensen Beach

 

For any questions you may have about February 2013 market Update for Sugar Hill in Jensen Beach, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

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February 2013 market Update for Sugar Hill in Jensen Beach

Stuart Florida Market Report ZIP Code 34997 – Residential, January 2013

02.18.13 by

Stuart Florida Market Report ZIP Code 34997 – Residential, January 2013

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for January 2013

 

There are currently 361 active listings (An increase of 25 homes from December).

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190 Residential sales are pending and awaiting close or lender approval (An increase of 26 homes from December).

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54 Homes Sold in January (Down 8 homes from December)

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After a stong finish to the year the Stuart Florida Market Report ZIP Code 34997 started out with some slower closed sales.  However, the number of active listings as ell as the pending sales were both up by a good number.  This should indicate a fairly healthy next few months for this market.
 
The current one month absorption rate dropped to 6.7 months which indicates a slight  buyers advantage for the 34997 Stuart zip code real estate market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.
 
The 2012 numbers were: 530 active listings, 205 pending listings and 45 closed sales.  The most striking number from last year is the difference in inventory of available homes for sale.
 
 

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Stuart Florida Market Report ZIP Code 34997 – Residential, January 2013

Stuart Florida Market Report ZIP Code 34996 – Residential, January 2013

02.16.13 by

Stuart Florida Market Report ZIP Code 34996 – Residential, January 2013

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for January 2013

 

For January, 2013 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 180 active listings (Increased by 29 homes from December).

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23 Residential sales are pending and awaiting close or lender approval (No change from December).

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9 Homes Sold in January (Down 2 homes from December).

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In the 34996 zip code area of Stuart Florida real estate market activity for January 2013 the most glaring change is a fairly sizable increase in inventory.   Pending sales remained unchanged and closed sales dropped slightly.  If the inventory continues to increase, I expect a very active real estate market in the 34996 zip code area of Stuart.

The one month absorption rate for the 34996 zip code area of Stuart Florida for January jumped to 20 months, which represents a strong buyer’s market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for January of 2012 were: 190 active listings, 28 pending sales and 6 closed sales.  Very similar numbers from last year to this year.

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Stuart Florida Market Report ZIP Code 34996 – Residential, January 2013

Port Saint Lucie Pool Home Under Contract

02.16.13 by

Port Saint Lucie Pool Home Under Contract

Now under contract, this 4 BR Port Saint Lucie Pool home located East of US 1 and close to beaches, shopping and medical facilities with over a 1/2 acre lot featuring water front on a non-navigable canal.  A rare opportunity at an affordable price!  Thanks to all that showed it.

1622 SE Berkshire Blvd., Port Saint Lucie, FL 34952

East Port Saint Lucie Pool Home

Great open spaces in this 4 Bedroom, 3 Bathroom, heated and screened pool home in East Port saint Lucie. Rare over 1/2 Acre lot on canal (non-navigable) with lots of room for gardens, parking or just to enjoy that private feeling with lots of room between you and your neighbors. A large eat in kitchen is the center piece of this home with a bright family room with skylights and a formal living and dining areas. Master suite has walk in closet and dual vanities with separate tub and shower. This 1999 built home is solid CBS construction and has accordion hurricane shutters. Easy access to Jensen Beach and the beaches via the Green River Parkway and close to the Port Saint Lucie Civic Center as well as restaurants, shopping and medical facilities.

East Port Saint Lucie Pool Home

Additional pictures and info on 1622 SE Berkshire Blvd.

East Port Saint Lucie Pool Home

Download a brochure for 1622 SE Berkshire Blvd.

East Port Saint Lucie Pool Home

East Port Saint Lucie Pool Home

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Port Saint Lucie Homes for Sale

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Port Saint Lucie Pool Home Under Contract

Stuart Florida Market Report ZIP Code 34994 – Condo, January 2013

02.15.13 by

Stuart Florida Market Report ZIP Code 34994 – Condo, January 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for January 2013

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

 

There are currently 158 active condo listings (Increase of 5 condos from December).

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41 Condo sales are pending and awaiting close or lender approval. (Up 6 condos from last month)

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15 Condos Sold in January (An increase of 1 condo from December).

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A fairly good month for the Stuart Condo market for zip code 34994.  Not quite as strong as some of the earlier fall moths, but with a slight increase in inventory as well as increases in both pending and closed sales, this segment seems to be holding its own. 

The one month absorption rate is at 10.5 months, which still signifies a buyers 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 January the numbers were 154 active listings, 33 pending sales, and 11 closed sales.  Slightly better numbers for this year with a similar inventory.  This should continue through the year.

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Stuart Florida Market Report ZIP Code 34994 – Condo, January 2013

4 BR Pool Home in Port Saint Lucie

01.29.13 by

4 BR Pool Home in Port Saint Lucie

Announcing a price reduction on this 4 BR Pool Home in Port Saint Lucie located East of US 1 and close to beaches, shopping and medical facilities.  On over a 1/2 acre lot with water front on a non-navigable canal.  A rare opportunity at an affordable price!  Now offered at $220,000.

1622 SE Berkshire Blvd., Port Saint Lucie, FL 34952

East Port Saint Lucie Pool Home

Great open spaces in this 4 Bedroom, 3 Bathroom, heated and screened pool home in East Port saint Lucie. Rare over 1/2 Acre lot on canal (non-navigable) with lots of room for gardens, parking or just to enjoy that private feeling with lots of room between you and your neighbors. A large eat in kitchen is the center piece of this home with a bright family room with skylights and a formal living and dining areas. Master suite has walk in closet and dual vanities with separate tub and shower. This 1999 built home is solid CBS construction and has accordion hurricane shutters. Easy access to Jensen Beach and the beaches via the Green River Parkway and close to the Port Saint Lucie Civic Center as well as restaurants, shopping and medical facilities.

East Port Saint Lucie Pool Home

Additional pictures and info on 1622 SE Berkshire Blvd.

East Port Saint Lucie Pool Home

Download a brochure for 1622 SE Berkshire Blvd.

East Port Saint Lucie Pool Home

East Port Saint Lucie Pool Home

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Port Saint Lucie Homes for Sale

Port Saint Lucie, Real Estate presented for your consideration by:
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4 BR Pool Home in Port Saint Lucie

The Pines and Windemere in Jensen Beach

01.23.13 by

The Pines and Windemere in Jensen Beach

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 The Pines and Windemere in Jensen Beach is 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”

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 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

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The Pines and Windemere in Jensen Beach

Stuart Florida Market Report ZIP Code 34997 – Residential, December 2012

01.15.13 by

Stuart Florida Market Report ZIP Code 34997 – Residential, December 2012

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for December 2012

 

There are currently 336 active listings (a decrease of 23 homes from November).

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164 Residential sales are pending and awaiting close or lender approval (A decrease of 27 homes from November).

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62 Homes Sold in December (Up 18 homes from November)

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The Stuart Florida Market Report ZIP Code 34997 finished 2012 with a strong 62 homes closed.  Pending sales were off which is not unexpected as traffic during the holiday season is typically lighter than normal.  Somewhat troubling though, is the inventory of available homes decreased by 23 homes and is very low.  I’m hoping to see this number rise as we get into the new year.  Should it stay low, we’ll see reduced activity for next year because of a lack of inventory.
 
The current one month absorption rate is at 5.4 months which indicates a slight sellers advantage for the 34997 Stuart zip code real estate market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.
 
The 2011 numbers were: 522 active listings, 176 pending listings and 78 closed sales.  The most striking number from last year is the difference in inventory of available homes for sale.
 
 

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Stuart Florida Market Report ZIP Code 34997 – Residential, December 2012

Suntide Condo on Hutchinson Island

01.15.13 by

Suntide Condo on Hutchinson Island

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.

 

Suntide Condo on Hutchinson Island

Stuart Florida Real Estate presented by
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Stuart Florida Market Report ZIP Code 34996 – Residential, December 2012

01.12.13 by

Stuart Florida Market Report ZIP Code 34996 – Residential, December 2012

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for December 2012

 

For December, 2012 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 151 active listings (Down 6 homes from November).

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23 Residential sales are pending and awaiting close or lender approval (No change from November).

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11 Homes Sold in December (Same as November).

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Other than a small decrease in inventory, there was no change in he 34996 zip code area of Stuart Florida real estate market activity for December 2012.  Pending and Sold activity was unchanged.

The one month absorption rate for the 34996 zip code area of Stuart Florida for December is 13.7 months, which represents a buyer’s market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for December of 2011 were: 179 active listings, 24 pending sales and 10 closed sales.  Other than the inventory, very similar activity this year when compared to last year.

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Stuart Florida Market Report ZIP Code 34996 – Residential, December 2012

Stuart Florida Market Report ZIP Code 34994 – Condo, December 2012

01.11.13 by

Stuart Florida Market Report ZIP Code 34994 – Condo, December 2012

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for December 2012

For December, 2012 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 153 active condo listings (Unchanged from November).

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35 Condo sales are pending and awaiting close or lender approval. (Down 7 condos from last month)

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14 Condos Sold in December (An increase of 3 condos from November).

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After numerous months of strong results for the Stuart Condo market for zip code 34994 even during our off season, the market has cooled slightly as we passed the holidays.  The bright note is that end of year bargain hunters closed on 14 condos an increase from the previous prices.  All were in the under $100,000 price range.  The inventory remained unchanged while pending sales were off.  An expected result as there is typically considerably reduced traffic during the holidays. 

The one month absorption rate is at 11 months, which still signifies a buyers 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 December the numbers were 153 active listings, 35 pending sales, and 13 closed sales.  Almost identical to this years activity.

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Stuart Florida Market Report ZIP Code 34994 – Condo, December 2012

East Port Saint Lucie Pool Home Open House

12.31.12 by

East Port Saint Lucie Pool Home Open House

Join us on January 6th from 1 to 4 PM to tour this rarely available: A 4 bedroom, 3 bathroom, screened pool home in East Port Saint Lucie on a large waterfront (non-navigable) lot for the ultimate in privacy, yet close to all amenities.

1622 SE Berkshire Blvd., Port Saint Lucie, FL 34952

Great open spaces in this 4 Bedroom, 3 Bathroom, heated and screened pool home in East Port Saint Lucie. Rare over 1/2 Acre lot on the canal (non-navigable) with lots of room for gardens, parking or just to enjoy that private feeling with lots of room between you and your neighbors. A large eat-in kitchen is the centerpiece of this home with a bright family room with skylights and a formal living and dining areas. Master suite has walk-in closet and dual vanities with separate tub and shower. This 1999 built home is solid CBS construction and has accordion hurricane shutters. Easy access to Jensen Beach and the beaches via the Green River Parkway and close to the Port Saint Lucie Civic Center as well as restaurants, shopping and medical facilities.

Additional pictures and info on 1622 SE Berkshire Blvd.

Download a brochure for 1622 SE Berkshire Blvd.

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East Port Saint Lucie Pool Home Open House