Highlands Reserve August 2017 Market Update

Highlands Reserve August 2017 Market Update

There are currently 17 homes actively listed in Highlands Reserve for August of 2017 in Palm City, Florida.  Prices range from $369,000 up to $1,350,000.  The average list price is $588,307 which equals $169.41 per square foot of living area.

There are 2 homes under contract awaiting closing.  These homes were listed for $355,000 and $379,000 for an average list price of $367,000 or $144.09 per sq. ft. of living area.  These homes went under contract in an average of 178 days after they were listed.

In the past 12 months, 31 homes have sold in Highlands Reserve with an average sales price of $482,119 at $155.81 per square foot of living area.  Actual sales prices ranged from $330,000 up to $775,000.  These homes averaged 120 days on market and sold at 97% of listed price.

About Highlands Reserve in Palm City FL:

Highlands Reserve real estate in Palm City FL

 Highlands Reserve is one of the newest upscale communities in this section of Martin County. Enter the magnificent gates and surround yourself with the well appointed amenities of the clubhouse and natural beauty of this community. Included are paths into winding nature trails will offer dramatic views of surrounding natural preserves and serene lakes.

Highlands Reserve real estate in Palm City FL Highlands Reserve real estate in Palm City FL

Located only seconds from I-95 and within minutes of shopping, beaches and the laid back easy lifestyle of Martin County. Perfect for the family with an ‘A’ rated school system. Only 30 minutes to West Palm Beach and 2 hours to Orlando.

Highlands Reserve real estate in Palm City FL Highlands Reserve real estate in Palm City FL

Low HOA fees of $315.00 per month include landscaping and irrigation as well as the security gate, use of the full service clubhouse with large pool and state of the art fitness center.  Lounge and kitchen for private parties and occasions.

Highlands Reserve real estate in Palm City FL

Highlands Reserve is a D. R. Horton community and new construction homes are still available.  There are usually some excellent offers available through Realtors.  Call us today for our new construction special rebate program.

Highlands Reserve real estate in Palm City FL

Give us a call for the full line of exceptional new homes available in Highland Reserve in Palm City, FL.

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Stuart Florida Real Estate

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

Highlands Reserve August 2017 Market Update

Circle Bay Waterfront Condos Stuart FL July 2017 Market Report

Circle Bay Waterfront Condos Stuart FL July 2017 Market Report

As of July 2017, there are 10 condos for sale in the Circle Bay Yacht Club of Stuart FL.   Listing prices range from $169,900 up to $229,500.  The average listing price $199,970 which equals a price per square foot of living area of $199.71.

There is one Circle Bay condo under contract and awaiting close.  The list price was $129,000 or $171.77 per sq. ft. of living area.  This condo was on the market for 26 days before going under contract.

In the past 12 months, 22 Circle Bay Waterfront Condos have sold.  Sales prices ranged from a low of $95,500 up to $245,000 for an average sales price of $171,564 which is $168.62 per sq. ft.  These condos sold for an average of 96% of the last listed price and in an average of 85 days on market prior to accepting an offer that resulted in the sale.

About the Circle Bay Yacht Club Condos in Stuart FL:

The Circle Bay condo complex is a waterfront 55+ condo community with docks (for boats up to 36′) that have easy wide river and ocean access.  Docks are not deeded, rather rented at reasonable monthly rates.  Heated pools, clubhouse, grills, etc. are some of the numerous amenities available for residents of the Circle Bay Yacht Club.  Rentals are permitted with restrictions.  Sorry, no pets.  Circle Bay has both elevator and non-elevator buildings.  Covered car ports.

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Circle Bay Waterfront Condos Homes for Sale in Palm City Florida

Circle Bay Waterfront Condos Stuart FL July 2017 Market Report

Hobe Sound FL 33455 Residential Market Report June 2017

Hobe Sound FL 33455 Residential Market Report June 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for June 2017

  For June 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 178 active listings. (Unchanged from May)

Hobe Sound FL 33455 Residential Market Report June 2017

69 Residential sales are pending and awaiting close  (Up by 3 homes from May)

Hobe Sound FL 33455 Residential Market Report June 2017

53 Homes Sold in June (Down by 11 homes from last month)

Hobe Sound FL 33455 Residential Market Report June 2017

The Hobe Sound Florida Market Report ZIP Code 33455 remains a strong market, though inventory is getting lower once again and pending sales are down as well.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 3.4 months (2.8 months in May).  Still in a strong sellers’ market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for June 2016 were:  193 active listings, 100 pending sales, and 54 closed sales. Similar closed sales with less inventory for this year, but there’s a troubling decrease of pending sales.

Hobe Sound FL 33455 Residential Market Report June 2017

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Hobe Sound FL 33455 Residential Market Report June 2017

Jensen Beach FL 34957 Condo Market Report June 2017

Jensen Beach FL 34957 Condo Market Report June 2017

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for June 2017

 

For June 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):



There are currently 105 active listings. (Decreased by 17 condos from May)

Jensen Beach FL 34957 Condo Market Report June 2017

44 Condo sales are pending and awaiting settlement. (Unchanged from May)

31 Condos Sold (Up by 3 condos from May)

 The Jensen Beach FL 34957 Condo Market Report for June shows a continuing active market though the inventory continues to decline makingfewer available condos available to purchase.

The one month absorption rate for the June 2017, Jensen Beach Florida Market Report ZIP Code 34957 decreased to 3.4 months (from 4.4 months in May), a stronger seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The June 2016 numbers were: 22 active listings, 14 pending sales and 3 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report June 2017

Jensen Beach FL 34957 Residential Market Report June 2017

Jensen Beach FL 34957 Residential Market Report June 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for June 2017

 For June 2017 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 176 active listings. (Down by 2 homes from last month)

Jensen Beach FL 34957 Residential Market Report June 2017

58 Residential sales are pending and awaiting close or lender approval. (Down by 19 homes from May)

Jensen Beach FL 34957 Residential Market Report June 2017

47 Homes Sold (No change from May)

Jensen Beach FL 34957 Residential Market Report June 2017

The Jensen Beach FL 34957 Residential Market continues to show strong activity with strong sales volume.  A second month in a row with a sizeable drop in pending sales.  The inventory is also fairly large when compared to last summer.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dipped slightly to 3.7 months ( was 3.8 months in May).  Remaining in a strong seller’s market for June.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The June 2016 numbers were: 99 active listings, 70 pending sales, and 37 home sales closed.  Better closed activity this year, but also a much higher inventory and lwer pending sales.
Jensen Beach FL 34957 Residential Market Report June 2017

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Jensen Beach FL 34957 Residential Market Report June 2017

Crane Creek in Martin Downs July 2017 Housing Market Update

Crane Creek in Martin Downs July 2017 Housing Market Update

Crane Creek in Martin Downs

In July of 2017, there are 8 homes actively listed in Crane Creek.  List prices range from $349,000 up to $594,900 for an average list price of $463,100 or $167.34 per sq. ft. of living area.

There are currently 4 Crane Creek homes under contract and awaiting settlement, list prices range from $300,000 up to $649,000 for an average list price of $477,197 or $164.43 per sq. ft. of living area.  These homes averaged 27 days on the market before going under contract.

In the past 12 months, there have been 12 sales in Crane Creek with sales prices ranging from $320,100 up to $638,000 for an average sales price of $428,342 or $144.66 per sq. ft. of living area. The average days on market was 79 with a 98% list to sales price ratio.

Crane Creek in Martin Downs

About Crane Creek in Palm City:

The coast of Florida on the eastern side offers many wonderful locations. One of the secret attractions is Crane Creek real estate development. This community is found within Palm City. With all the accommodations the Palm City area has to offer it should not be a surprise that a select neighborhood such as Crane Creek real estate properties is a high commodity.

  • An abundance of parks to soak in the outdoors  from a climate that allows for it year round; fields for football, soccer, baseball, softball, lacrosse, tennis and basketball courts, skate rinks and parks, horseshoes, playgrounds, picnic areas, shelters, boat ramps and much more
  • A wide variety of fishing from saltwater to freshwater, surf to pier to deep water, charter, novice, and expert, tournament or hobby
  • An assortment of arts and culture; musicals, plays, movie theaters, miniature golf, pleasure cruises, restaurants, fine art collections, gift shops, festivals, art shows, museums, theme parks
  • A large range of shopping experiences including leading retailers, specialty shops, charming boutiques, malls

Crane Creek in Martin Downs

Crane Creek real estate is situated within Martin Downs Country Club. A gated golf course community, Crane Creek has the finest features needed to make the community as upscale and appealing as possible. However, none of this is forced upon you because membership in the country club is optional.

  • a spectacular clubhouse
  • 2 championship golf courses
  • 12 tennis courts
  • 2 swimming pools
  • a fully equipped fitness center

Crane Creek in Martin Downs

There is also the opportunity to partake in one of the many other conveniences in place at the country club facility.  There is a driving range, chipping area, putting green, practice bunker and rental clubs. The Crane Creek real estate in Martin Downs is made up of marvelous and varied homes with something for everyone. The properties involve a wide selection of architectural style and choices from condominiums to estate homes. The parcels also have as much variation with maintenance free lots and large acreage lots. Within minutes from two of Florida’s major thoroughfares, Florida’s Turnpike and I-95, the location of Crane Creek real estate removes the hassle from commuting. In addition to all of these amenities, recent business dealings in the Crane Creek real estate area may bring one more amenity. There is talk of an equestrian facility being placed on site within Martin Downs Country Club. In this part of Florida, there is fishing, golf, and horses. An equestrian facility would bring horse shows and an increase in revenue for locally owned businesses. Come take a look at all of the extras and all of the expected in this community. Furthermore, contact us today so we can put our knowledgeable and professional expertise to work for you as you look into becoming part of the Crane Creek real estate undertaking.
Crane Creek in Martin Downs

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Crane Creek in Martin Downs July 2017 Housing Market Update

Hobe Sound FL 33455 Residential Market Report May 2017

Hobe Sound FL 33455 Residential Market Report May 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for May 2017

  For May 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 178 active listings. (Down by 5 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2017

66 Residential sales are pending and awaiting close  (Down by 28 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2017

64 Homes Sold in May (Up by 10 homes from last month)

Hobe Sound FL 33455 Residential Market Report May 2017

The Hobe Sound Florida Market Report ZIP Code 33455 continues with a very active selling volume.  Unfortunately, pending sales decreased as has the inventory of available homes for sale.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 plunged to 2.8 months (3.4 months in April).  An extreme sellers’ market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for May 2016 were:  213 active listings, 90 pending sales, and 52 closed sales. Better closed activity for this year on a lower inventory, but pending sales are not as strong as last year.

Hobe Sound FL 33455 Residential Market Report May 2017

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Hobe Sound FL 33455 Residential Market Report May 2017

Jensen Beach FL 34957 Condo Market Report May 2017

Jensen Beach FL 34957 Condo Market Report May 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for May 2017

For May 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):



There are currently 122 active listings. (Decreased by 13 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2017

44 Condo sales are pending and awaiting settlement. (Down by 4 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2017

28 Condos Sold (Down by 13 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2017

 The Jensen Beach FL 34957 Condo Market Report for Mayshows a continuing active market though we did have declines in all measured parameters for the month of May 2017.

The one month absorption rate for the May 2017, Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.4 months (from 3.3 months in April), still a seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The May 2016 numbers were: 26 active listings, 11 pending sales and 3 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach FL 34957 Condo Market Report May 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report May 2017

Jensen Beach FL 34957 Residential Market Report May 2017

Jensen Beach FL 34957 Residential Market Report May 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for May 2017

 For May 2017 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 178 active listings. (Down by 1 homes from last month)

Jensen Beach FL 34957 Residential Market Report May 2017

77 Residential sales are pending and awaiting close or lender approval. (Down by 21 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2017

47 Homes Sold (Up by 1 homes sale from April)

Jensen Beach FL 34957 Residential Market Report May 2017

The Jensen Beach FL 34957 Residential Market continues to show strong activity with strong sales volume.  Unfortunately, a fairly sizeable drop in pending sales which may indicate a little softening in closed volume for the coming months.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dipped slightly to 3.8 months ( was 3.9 months in April).  Remaining in a strong seller’s market for May.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The May 2016 numbers were: 116 active listings, 67 pending sales, and 37 home sales closed.  Considerably better activity this year when compared to last year with a greater inventory.
Jensen Beach FL 34957 Residential Market Report May 2017

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Jensen Beach FL 34957 Residential Market Report May 2017

Hobe Sound FL 33455 Residential Market Report April 2017

Hobe Sound FL 33455 Residential Market Report April 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for April 2017

  For April 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 183 active listings. (Down by 17 homes from March)

Hobe Sound FL 33455 Residential Market Report April 2017

94 Residential sales are pending and awaiting close  (Down by 8 homes from March)

Hobe Sound FL 33455 Residential Market Report April 2017

54 Homes Sold in April (Up by 16 homes from last month)

Hobe Sound FL 33455 Residential Market Report April 2017

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County had a very strong completed sales month for April.  We are once again approaching a market with inventory levels low enough that it may affect the future sales numbers.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 3.4 months (4.8 months in March).  Even a stronger sellers’ market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for April 2016 were:  217 active listings, 99 pending sales and 54 closed sales. Very similar volume when compared to last year but with reduced inventory.

Hobe Sound FL 33455 Residential Market Report April 2017

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Hobe Sound FL 33455 Residential Market Report April 2017

Jensen Beach FL 34957 Condo Market Report April 2017

Jensen Beach FL 34957 Condo Market Report April 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for April 2017

For April 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):



There are currently 135 active listings. (Increased by 6 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2017

48 Condo sales are pending and awaiting settlement. (Down by 6 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2017

41 Condos Sold (Up by 16 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2017

 The Jensen Beach FL 34957 Condo Market Report for April continued with a very strong increase in sales activity.  I don’t expect this volume to continue into the early summer.

The one month absorption rate for the April 2017, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.3 months (from 5.2 months in March), now a very strong 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 2016 numbers were: 113 active listings, 72 pending sales and 37 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach FL 34957 Condo Market Report April 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report April 2017

Jensen Beach FL 34957 Residential Market Report April 2017

Jensen Beach FL 34957 Residential Market Report April 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for April 2017

 For April 2017 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 179 active listings. (Down by 24 homes from last month)

Jensen Beach FL 34957 Residential Market Report April 2017

98 Residential sales are pending and awaiting close or lender approval. (Up by 16 homes from March)

Jensen Beach FL 34957 Residential Market Report April 2017

46 Homes Sold (Down by 12 homes sale from March)

Jensen Beach FL 34957 Residential Market Report April 2017

The Jensen Beach FL 34957 Residential Market continues with very strong activity from the past month into April.  One of the strongest segments of the Martin County real estate market.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose slightly to 3.9 months ( was 3.5 months in March).  Remaining in a strong seller’s market for April.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The April 2016 numbers were: 113 active listings, 72 pending sales and 37 home sales closed.  Better activity this year on a larger pool of homes (inventory).
Jensen Beach FL 34957 Residential Market Report April 2017

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Jensen Beach FL 34957 Residential Market Report April 2017

River Pines Court 9 Townhouse Stuart FL Just Sold

River Pines Court 9 Townhouse Stuart FL Just Sold

6194 SE Riverboat Drive in River Pines, Stuart, FL  has just been sold by the Gabe Sanders of Real Estate of Florida.  The list price for this spacious and furnished townhouse is $157,900. For sales information, please call me at (772) 888-2885

River Pines Court 9 Townhouse Stuart FL

A wonderful light and bright townhome in the much sought after River Pines community of Stuart, FL.  This is a spacious 2 bedroom, 2 and ½ bathroom townhouse that has been updated and meticulously maintained. This townhome is being offered fully furnished.

 River Pines Court 9 Townhouse Stuart FL River Pines Court 9 Townhouse Stuart FL

 All ages welcome and 2 medium pets permitted. 2 reserved parking spots with additional guest parking. 2 Community pools, tennis courts and racquetball/handball courts. Exceptionally well run community with excellent financials. Residents have the option of joining the Miles Grant golf club (just across the street)

 River Pines Court 9 Townhouse Stuart FL River Pines Court 9 Townhouse Stuart FL

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 Court 9 Townhouse Stuart FL River Pines Court 9 Townhouse 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 townhouse in Stuart FL River Pines townhouse 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 townhouse in Stuart FL River Pines townhouse in Stuart FL

As of October, 2015 HOA fees were $160 per month.

River Pines townhouse in Stuart FL

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River Pines Court 9 Townhouse Stuart FL Just Sold

May 2017 Market Report for River Pines in Stuart FL

May 2017 Market Report for River Pines in Stuart FL

As of May 2017, there are 6 active listings for River Pines townhomes for sale in Stuart, FL.  Prices range from a low of $145,000 up to $170,000 which equals to an average list price of $157,983 or $110.86 per sq. ft. of living area.

There are 7 River Pines town homes under contract awaiting sale.  List prices are from $136,000 to $165,000 for an average list price of $149,986 or $116.45 per sq. ft. of living area.  These properties averaged 100 days on the market prior to going under contract.

In the past 12 months, 22 townhouses have sold in River Pines with sales prices ranging from$95,000 to $153,000 which equals to an average sales price of $139,141 or $107.25 per sq. ft. of living area.  These townhomes have been on the market for an average of 67 days prior to going under contract and sold for 98% of the last list price.

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, 2014 HOA fees were $160 per month.

River Pines in Stuart FL

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May 2017 Market Report for River Pines in Stuart FL

Hobe Sound FL 33455 Residential Market Report March 2017

Hobe Sound FL 33455 Residential Market Report March 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for March 2017

  For March 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 200 active listings. (Down by 33 homes from February)

Hobe Sound FL 33455 Residential Market Report March 2017

102 Residential sales are pending and awaiting close  (Up by 26 homes from February)

Hobe Sound FL 33455 Residential Market Report March 2017

42 Homes Sold in March (Down by 8 homes from last month)

Hobe Sound FL 33455 Residential Market Report March 2017

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues with strong activity even though the inventory is starting to become an issue with it’s low levels.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 inched up to 4.8 months (4.7 months in February).  Still in a sellers’ market for Hobe Sound residential real estate.  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 2016 were:  212 active listings, 105 pending sales and 56 closed sales. Slightly stronger activity last year, but this was with a bit more inventory as well.

Hobe Sound FL 33455 Residential Market Report March 2017

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Hobe Sound FL 33455 Residential Market Report March 2017

Jensen Beach FL 34957 Condo Market Report March 2017

Jensen Beach FL 34957 Condo Market Report March 2017

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for March 2017

 

For March 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 129 active listings. (Increased by 6 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

54 Condo sales are pending and awaiting settlement. (Down by 5 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

25 Condos Sold (Up by 6 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

 The Jensen Beach FL 34957 Condo Market Report for March showed a strong increase in sales but unfortunately pending sales were off a bit, indicating a potential for slower closed activity in the near future.

The one month absorption rate for the March 2017, Jensen Beach Florida Market Report ZIP Code 34957 declined to 5.2 months (from 7.7 months in February), back into a sellers market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2016 numbers were: 25 active listings, 13 pending sales and 9 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach FL 34957 Condo Market Report March 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report March 2017

Jensen Beach FL 34957 Residential Market Report March 2017

Jensen Beach FL 34957 Residential Market Report March 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for March 2017

 For March 2017 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 203 active listings. (Up by 13 homes from last month)

Jensen Beach FL 34957 Residential Market Report March 2017

82 Residential sales are pending and awaiting close or lender approval. (Down by 14 homes from February)

Jensen Beach FL 34957 Residential Market Report March 2017

58 Homes Sold (Up by 31 homes sale from February)

Jensen Beach FL 34957 Residential Market Report March 2017

The Jensen Beach FL 34957 Residential Market showed a very strong month for closed sales.  Pending sales dropped  a little but continue to be strong along with good inventory.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 plunged to 3.5 months ( was 7 months in February).  A very strong sellers market for March.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The March 2016 numbers were: 124 active listings, 66 pending sales and 29 home sales closed.  Considerably greater inventory this year with a corresponding increase in both closed and pending sales.
Jensen Beach FL 34957 Residential Market Report March 2017

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Jensen Beach FL 34957 Residential Market Report March 2017

Hobe Sound FL 33455 Residential Market Report February 2017

Hobe Sound FL 33455 Residential Market Report February 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for February 2017

  For February 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 233 active listings. (Up by 1 homes from January)

Hobe Sound FL 33455 Residential Market Report February 2017

76 Residential sales are pending and awaiting close  (Down by 2 homes from January)

Hobe Sound FL 33455 Residential Market Report February 2017

50 Homes Sold in February (Up by 23 homes from last month)

Hobe Sound FL 33455 Residential Market Report February 2017

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County had a big jump in closed sales for the month while maintaining inventory as well as pending sales.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 4.7 months (8.6 months in January).  Back into a sellers’ market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for February 2016 were:  206 active listings, 116 pending sales and 27 closed sales.  Considerably stronger activity this year than last for closed sales, but pending sales are somewhat less on greater availability of homes for sale.

Hobe Sound FL 33455 Residential Market Report February 2017

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the Gabe Sanders real estate team

Hobe Sound FL 33455 Residential Market Report February 2017

Jensen Beach FL 34957 Condo Market Report February 2017

Jensen Beach FL 34957 Condo Market Report February 2017

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for February 2017

 

For February 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 123 active listings. (Decreased by 9 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2017

59 Condo sales are pending and awaiting settlement. (Up by 16 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2017

16 Condos Sold (Unchanged from January)

Jensen Beach FL 34957 Condo Market Report February 2017

 The Jensen Beach FL 34957 Condo Market Report for February had a decrease in inventory and a nice jump in pending sales while closed sales remained the same.

The one month absorption rate for the February 2017, Jensen Beach Florida Market Report ZIP Code 34957 declined to 7.7 months (from 8.25 months in January), still a buyers’ market, but trending towards a balanced market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The February 2016 numbers were: 26 active listings, 18 pending sales and 11 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach FL 34957 Condo Market Report February 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report February 2017

Jensen Beach FL 34957 Residential Market Report February 2017

Jensen Beach FL 34957 Residential Market Report February 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for February 2017

 For February 2017 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 190 active listings. (Down by 8 homes from last month)

Jensen Beach FL 34957 Residential Market Report February 2017

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

Jensen Beach FL 34957 Residential Market Report February 2017

27 Homes Sold (Down by 7 homes sale from January)

Jensen Beach FL 34957 Residential Market Report February 2017

The Jensen Beach FL 34957 Residential Market showed some very strong gains in pending sales.  Unfortunately, a decrease in closed sales, but I expect this segment of the Stuart real estate market to be active in the next few months.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 7 months ( was 5.8 months in January).  Shifting into a balanced market for the Jensen Beach residential real estate segment but getting very close to a balanced market.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The February 2016 numbers were: 128 active listings, 66 pending sales and 20 home sales closed.  Considerably greater inventory this year and an accompanying greater volume of closed and pending sales.
Jensen Beach FL 34957 Residential Market Report February 2017

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

Jensen Beach FL 34957 Residential Market Report February 2017