Jensen Beach FL 34957 Condo Market Report April 2019

Jensen Beach FL 34957 Condo Market Report April 2019

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for April 2019

For April 2019 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 107 active listings. (Increased by 3 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2019

52 Condo sales are pending and awaiting settlement. (Down by 2 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2019

32 Condos Sold (Up by 10 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2019

 The Jensen Beach FL 34957 Condo Market Report showed a very strong number of closed sales for April.

The one-month absorption rate for the April 2019, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.3 months (from 4.7 months in March), into an even more extreme seller’s market.  A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The April 2018 numbers were: 118 active listings, 40 pending sales, and 42 condos closed.  There’s a higher number of pending sales this year while closed sales were lower.  Though, this is on a reduced inventory of available Jensen beach condos for sale.

Jensen Beach FL 34957 Condo Market Report April 2019

Are you interested in the value of your Jensen Beach FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Jensen Beach FL 34957 Condo Market Report April 2019

Jensen Beach FL 34957 Residential Market Report April 2019

Jensen Beach FL 34957 Residential Market Report April 2019

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for April 2019

 For April 2019 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 226 active listings. (Down by 4 homes from last month)

Jensen Beach FL 34957 Residential Market Report April 2019

81 Residential sales are pending and awaiting close or lender approval. (Decreased by 11 homes from March)

Jensen Beach FL 34957 Residential Market Report April 2019

52 Homes Sold (Increased by 12 homes from March)

Jensen Beach FL 34957 Residential Market Report April 2019

The Jensen Beach FL 34957 Residential Market had a nice increase in closed sales for the month while pending sales were off.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 5.8 months ( was 8.7 months in March).  Back into a seller’s market for Jensen Beach homes.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The April 2018 numbers were: 169 active listings, 102 pending sales, and 59 home sales closed.  Considerably better activity last year even though there is a greater number of homes available for sale in Jensen Beach this year.
Jensen Beach FL 34957 Residential Market Report April 2019
Are you interested in the value of your Jensen Beach FL Home?
Click on this link and fill out the form for an accurate personal evaluation

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

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Jensen Beach FL 34957 Residential Market Report April 2019

River Pines Townhouses May 2019 Market Report

River Pines Townhouses May 2019 Market Report

For May 2019, there are 3 active listings of River Pines townhouses for sale in Stuart, FL.  Prices range from a low of $167,900 up to 185,000.  This is an average list price of $173,967 or $135.07 per sq. ft. of living area.

There are 4 River Pines townhouses under contract and awaiting sale.  The list prices ranged from $164,900 up to $175,000.  This is an average list price of $170,950 which is $132.73 per sq. ft. of living area.  These homes were on the market for an average of 20 days prior to going under contract.

In the past 12 months, 23 townhouses have sold in River Pines with sales prices ranging from $120,500 up to $195,000.  This works out to an average sales price of $162,374 which equals $126.07 per sq. ft. of living area.  These townhomes were on the market for an average of 40 days prior to going under contract and sold for an average of 97% of list price.

About River Pines in Stuart FL:River Pines Townhomes

Located just off the Intracoastal Waterway off of Cove Road in Stuart is the River Pines community. 396 private residences in quad style town-homes.   This community was built in 1981 and 1982 and all homes are 1288 sq. ft. of living area with 2 bedrooms and 2 and ½ baths. There are large private courtyards for each home, some of which the residents have enclosed for added living area.

River Pines in Stuart FL

Only a short walk or bike ride to the Saint Lucie River with access for kayak launch. Boat ramps also nearby. All ages are welcome and 2 small pets are permitted. Each home has 2 reserved parking spots with additional guest parking. Amenities include 2 Community pools, tennis courts and racquetball/handball courts. There’s also a private preserve adjacent to the Intracoastal available exclusively for residents use.

River Pines in Stuart FL

A very well run community with excellent financials. Residents have the option of joining the Miles Grant golf club (just across the street).

River Pines in Stuart FL

As of May 2019, HOA fees were $167 per month.

River Pines in Stuart FL

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River Pines Townhouses May 2019 Market Report

Hobe Sound FL 33455 Residential Market Report March 2019

Hobe Sound FL 33455 Residential Market Report March 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for March 2019

  For March 2019 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 236 active listings. (Down by 20 homes from February)

Hobe Sound FL 33455 Residential Market Report March 2019 

93 Residential sales are pending and awaiting close  (Up by 27 homes from February)

Hobe Sound FL 33455 Residential Market Report March 2019

35 Homes Sold in March (Down by 4 homes from last month)

Hobe Sound FL 33455 Residential Market Report March 2019

The Hobe Sound Florida Market Report ZIP Code 33455 had a nice big jump in pending sales which should translate to strong sales in the coming months.  Unfortunately, closed sales were down slightly and there was a sizeable drop in inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 inched up to 6.7 months (It was 6.6 months in February).  Remaining in a balanced market for Hobe Sound residential real estate for a second month.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for March 2018 were:  194 active listings, 105 pending sales, and 45 closed sales.  Better all around activity last year with less inventory of available Hobe Sound homes for sale.

Hobe Sound FL 33455 Residential Market Report March 2019

Are you interested in the value of your Hobe Sound FL Home?
Click on this link and fill out the form for an accurate personal evaluation

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

Hobe Sound FL 33455 Residential Market Report March 2019

Jensen Beach FL 34957 Condo Market Report March 2019

Jensen Beach FL 34957 Condo Market Report March 2019

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for March 2019

For March 2019 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 104 active listings. (Decreased by 18 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2019

54 Condo sales are pending and awaiting settlement. (Up by 18 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2019

22 Condos Sold (Up by 9 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2019

 The Jensen Beach FL 34957 Condo Market Report rebounded strongly from a couple of weak winter months.  Both closed and ending sales saw significant improvements from the past few months.

The one-month absorption rate for the March 2019, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 4.7 months (from 9.4 months in February), back into a seller’s market after a few months absence.  A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The March 2018 numbers were: 109 active listings, 58 pending sales, and 27 condos closed.  A better volume of closed and pending sales last year for Jensen Beach condos.

Jensen Beach FL 34957 Condo Market Report March 2019

Are you interested in the value of your Jensen Beach FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report March 2019