Hobe Sound FL 33455 Residential Market Report May 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for May 2015

For May 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 180 active listings. (Up by 2 homes from April)

113 Residential sales are pending and awaiting close (Down by 20 homes from April)

65 Homes Sold in May (Down by 3 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues to set a torrid pace and is the winner for the strongest activity in residential sales for the county.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 eaked up to 2.8months (2.6 months in April). Still an extreme seller’s market for the Hobe Sound area of Martin County. 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 2014 were: 272 active listings, 84 pending sales and 47 closed sales. Considerably better activity this year even with the reduced inventory.

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Hobe Sound FL 33455 Residential Market Report May 2015

Jensen Beach FL 34957 Condo Market Report May 2015

06.20.15 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report May 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for May 2015

For May 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 30 active listings. (Increased by 2 condos from April)

12 Condo sales are pending and awaiting settlement. (Decreased by 4 condos from April)

8 Condos Sold (Decreased by 3 condos from April)

The Jensen Beach FL 34957 Condo Market Report May 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic. Closed sales were off a little, but still an active sellers market.

The one month absorption rate for the May 2015, Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.8 months (from 2.5 months in April), still a sellers market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The May 2014 numbers were: 31 active listings, 9 pending sales and 5 condos closed. Better activity this year, though with such small numbers a trend is difficult to determine for this market.

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Jensen Beach FL 34957 Condo Market Report May 2015

Jensen Beach FL 34957 Residential Market Report May 2015

06.19.15 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report May 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for May 2015

For May 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 135 active listings. (Down by 10 homes from last month)

92 Residential sales are pending and awaiting close or lender approval. (Up by 4 homes from April)

31 Homes Sold (Decreased by 17 homes from April)

The Jensen Beach FL 34957 Residential Market eased a little from the torrid pace of last month, though still an extreme sellers market. Interestingly, Jensen Beach is one of our only markets with an increase of inventory from last year.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.4 months (was 3.0 months in April). Still a sellers market for Jensen Beach home sales but heading towards a balanced market. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The May 2014 numbers were: 112 active listings, 72 pending sales and 42 home sales closed. Better closed volume last year while pending sales are stronger this year.

Jensen Beach FL 34957 Residential Market Report May 2015

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Jensen Beach FL 34957 Residential Market Report May 2015

Palm City FL 34990 Residential Market Report May 2015

06.17.15 by Gabe Sanders

Palm City FL 34990 Residential Market Report May 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for May 2015

For May 2015 in the 34990 Zip Code area of Palm City Florida :

There are currently 361 active listings (Decreased by 20 homes from April)

204 Residential sales are pending and awaiting close or lender approval. (Decreased by 13 homes from last month)

100 Homes Sold in April (Increased by 27 sold homes from April)

The Palm City FL 34990 residential real estate market was very strong for May. Closed sales were up from last month while the pending sales dropped slightly. Unfortunately the active inventory continues to declines which may impact the future sales for this area.

The current absorption rate dropped to 3.6 months from 5.2 months in April. A sellers’ market for the Palm City zip code 34990 area for residential sales. A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The May 2014 numbers were: 436 active listings, 175 pending sales and 72 closed sales. Even with the reduced inventory, considerably stronger volume for this year when compared to last.

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Palm City FL 34990 Residential Market Report May 2015

Stuart FL 34996 Condo Market Report May 2015

06.14.15 by Gabe Sanders

Stuart FL 34996 Condo Market Report May 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for May 2015

For May 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 103 active condo listings (Down by 7 condos last month).

39 Condo sales are pending and awaiting close or lender approval (Decreased by 16 condos from April).

33 Condos Sold in May (Increased by 10 condos from April)

The Stuart FL 34996 Condo Market continued to be very active through May. Pending sales were off a bit, which is not unexpected as we head into the summer months. Typically a slower time for condo sales on the Treasure Coast.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – decreased to 3.1 months from April’s 4.8 months . Still a strong sellers market but soon to turn as we go into the summer months. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for May 2014 were: 145 active listings, 35 pending sales and 26 closed sales. Considerably stronger activity this year even though there’s a significant decrease in inventory as compared to last year.

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Stuart FL 34996 Condo Market Report May 2015

Oversized Corner Lot in Port St Lucie Sold

06.08.15 by Gabe Sanders

Oversized Corner Lot in Port St Lucie Sold

This 1/3 of an acre lot at 2979 SW Boxwood Circle has been sold for $13,000. The new owner will be building soon.

Overview
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Description

$13,000

Lots and Land

Main Features

Location

2979 SW Boxwood Circle
Port Saint Lucie, FL 34953
USA

Over-sized corner lot in a quiet and uncrowded residential area of Port Saint Lucie. Close to the Turnpike as well as easy access to shopping. Ready for a large home in an excellent location.

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2979 SW Boxwood Circle
Spacious Stuart Town Home
Lakefront Pool Home in Jensen Beach
Yacht and Country Club of Stuart
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Oversized Corner Lot in Port St Lucie Sold

Another Sunset Trace Townhouse Under Contract

06.01.15 by Gabe Sanders

Another Sunset Trace Townhouse Under Contract

3355 SW Sunset Trace Cir. in Palm City FL is under contract with the buyer procured by the BlueWater Realty Team. This townhouse is listed at $124,900

This Sunset Trace townhouse rests adjacent to a nicely landscaped green preserve area. Two assigned parking spaces directly in front of unit. Both bedrooms are upstairs. Each bedroom has an ensuite bathroom. Half bathroom downstairs for additional convenience. Fenced enclosed patio area downstairs located directly outside the kitchen & great room. Sliding glass doors open out to the patio area from the kitchen. Kitchen opens into a dining area. Open floor plan. Sunset Trace offers community amenities including but not limited to a pool, security guard gated entrance & much more. A rated school system and only a short walk to shopping and restaurants. Easy access to I95 & Turnpike.

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About Sunset Trace in Palm City FL:

Just across the street from the Martin Downs Golf Club lies the gated community of Sunset Trace in Palm City, FL. Conveniently located close to Florida’s Turnpike as well as shopping, restaurants and medical facilities. And only a 15 minute ride to the pristine waters of the Atlantic Ocean and the numerous waterways and boating facilities available in Martin County, FL.

Sunset Trace is a DiVosta community of approximately 500 residences. There are four types of homes in this community: DiVosta quad townhomes which feature 2 Bedrooms and 2 and ½ bathrooms with 1,236 sq. ft. of living area; Stamford models, also four townhomes to a building featuring 2 Bedrooms and 2 and ½ bathrooms with 1,1374 sq. ft. of living area; Wellesley models have 3 Bedrooms and 2 Bathrooms in 1,295 sq. ft. and finally the Villas in Sunset Trace offer attached single family homes with 3 Bedrooms, 2 and ½ baths and a one car garage in 1346 square feet of living area.

Sunset Trace was developed and built from 1984 to 1988. It features two community pools, three tennis courts, outdoor racquet and/or handball courts and a full size basketball court. There’s a playground for the little ones as well. This is a lushly landscaped community with a number of lakes and ponds on the grounds making for some great water views.

All ages are welcome in Sunset Trace and children attend Citrus Grove Elementary School, Hidden Oaks Middle School and Martin County High School. The HOA fees run $305 per month, but include exterior and hurricane insurance, basic cable TV, Lawn and Landscaping, pest control and security. Making life in Sunset Trace easy and care free.

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Another Sunset Trace Townhouse Under Contract

South Sewalls Point Pool Home Sold

05.29.15 by Gabe Sanders

South Sewalls Point Pool Home Sold

Another Stuart FL sale from the Gabe Sanders BlueWater Realty Team. This home on 11 Lantana Lane was a bank owned foreclosure which closed for a sales price of $420,000.

Magnificent 2 story home with 3 bedroom, 3 baths, and ceramic tile flooring. A large open pool adjacent to a covered patio with a very private fenced back yard with a playhouse and Tiki Shack. Enter this home through a decorative circular drive to your open front foyer and entrance. The living room enjoys wonderful views of the yard and has a fireplace. The master bedroom has two closets one cedar lined along with an over sized master bathroom.

Sewalls Point is an upscale and unique peninsula town located on the eastern side of Martin County, Florida. Sewalls Point is home to many younger families, professionals and some seasonal residents. Surrounded by water on its north, south and west, this unique community is famous for its waterfront homes and is often called a boaters’ paradise. Sewalls Point waterfront real estate offers wide water views of the Saint Lucie River on the west side and the Indian River (the Intracoastal Waterway) on the east side. Beautiful tree-lined streets feature estate homes, many of which are wide waterfront estates with quick access to the Atlantic Ocean. With a population of just over 2,000 residents, Sewalls Point boasts a high quality of life with small-town character, while offering the amenities of a much larger town, with its own City Hall and Police Force.

Sewalls Point is very well situated only minutes from the beaches of South Hutchinson Island and also close to shopping malls, restaurants, big-name chains, three nearby medical centers and more. Travel only a few minutes by boat to Manatee Pocket a harbor with marinas, waterfront restaurants, and tackle stores. Shop or just browse at the Shoppes of Harbour Bay Plaza featuring specialty shops.

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South Sewalls Point Pool Home Sold

Tropical Paradise Ocean Access Waterfront Lot Under Contract

05.27.15 by Gabe Sanders

Tropical Paradise Ocean Access Waterfront Lot Under Contract

This waterfront lot with ocean access (fixed bridges) is now under contract. The contract is contingent on financing so if you have an interest, please call me as we will take one or two back-up offers.

Paved driveway and pad in place. Existing mobile home has been removed. There’s 81 feet of waterfront with ocean access suitable for a smaller boat that can go under two fixed bridges with approximately 6′ clearance. Community has an RV boat storage lot with one space for every resident. Great opportunity in a wonderful friendly community.

Overview

$75,000

Lots and Land

Main Features

Lot: 0.20 acre(s)
MLS #: 379758

Location

7941 SE Paradise Dr.
Stuart, FL 34997
USA

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Waterfront Land in Stuart FL
Palm City Pool Home Coming Soon
Spacious Jensen Beach Home on Double Lot
Ocean Front Condo – Corner Unit
Hutchinson Island Updated Townhouse

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The Tropical Paradise community is a subdivision with modular and manufactured homes that are slowly replacing the original mobile homes that were in place.

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More information about Stuart Florida Homes and Land can be found on the Gabe Sanders BlueWater Realty team’s web site.

Tropical Paradise Ocean Access Waterfront Lot Under Contract

Hobe Sound FL 33455 Residential Market Report April 2015

05.24.15 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report April 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for April 2015

For April 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 178 active listings. (Down by 44 homes from March)

133 Residential sales are pending and awaiting close (Up by 13 homes from March)

68 Homes Sold in April (Up by 14 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County had an exceptionally strong April in closed and pending sales. Unfortunately the active inventory is now down to almost unheard of low levels that will effect future sales with the lack of homes for sale for buyers.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 plunged to 2.6 months (4.3 months in March). Now a pretty extreme seller’s market for the Hobe Sound area of Martin County. 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 2014 were: 228 active listings, 88 pending sales and 42 closed sales. Last April was a good month for Hobe Sound, but this year was even stronger.