Hobe Sound FL 33455 Residential Market Report June 2015

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

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

There are currently 150 active listings. (Down by 30 homes from May)

119 Residential sales are pending and awaiting close (Up by 6 homes from May)

61 Homes Sold in June (Down by 4 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues to set a torrid pace for sales. Though the continuing drop in available inventory will soon effect the volume of sales unless more product goes back on the market. Can’t sell it if it’s not available.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dipped to 2.5 months (2.8 months in May). 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 June 2014 were: 261 active listings, 95 pending sales and 40 closed sales. A very significant drop in inventory, yet the volume remains better than last year.

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Hobe Sound FL 33455 Residential Market Report June 2015

Rocky Point July 2015 Market Update

07.21.15 by Gabe Sanders

Rocky Point July 2015 Market Update

Here is your Rocky Point July 2015 market update in Stuart Florida:

There are currently 33 active listings in Rocky Point. List prices range from a low of $195,000 to $2,895,000 which results in an average list price of $655,834 or $229.57 per square foot of living area.

19 homes are under contract (pending sales) and awaiting closing. Listing prices ranged from $165,000 to $1,400,000 for an average list price of $364,400 which is $163.97 per square foot of living area.

In the past 12 months, 73 homes have sold in Rocky Point with sales prices ranging from $65,000 to $1,035,000 for an average sales price of $285,739 which equals $149.26 per square foot of living area. The average days on market was 96 with a 95% list to sales price ratio.

Rocky Point Homes for Sale in Stuart, Florida

Rocky Point in Stuart, FL is a wonderful boating oriented community located just off the Saint Lucie Inlet in beautiful Martin County Florida. Originally a fishing village because of its proximity to the Atlantic Ocean; Rocky Point is now a wonderful family community with a variety of different neighborhoods. Most of Rocky Point is still oriented towards fisherman and boaters with many of the neighborhoods having access to docks, marinas and/or boat ramps. Some neighborhoods have deeded dock rights as well as privately owned ramps and launch facilities. There is also a selection of some luxury waterfront homes with private docks located only a short few minutes cruise to the open Ocean via the Saint Lucie Inlet and within a day’s round trip to the Bahamas.

Bordering Rocky Point to the north and west is the Manatee Pocket. Home of the original Stuart Sailfish fleet (Stuart continues to proudly boast that it’s the ‘Sailfish Capitol of the World’). Now home to a number of Marinas, Charter fleets and the famous Chapman School of Seamanship as well as quite a few excellent restaurants serving the freshest seafood arriving from the Ocean straight to the kitchens daily.

All this in wonderful family friendly neighborhoods within Martin County’s ‘A’ rated schools system.

One of the highlights of the year for Rocky Point is the Port Salerno Seafood Festival. Held yearly in the winter, this free festival fills the streets of Historic Port Salerno. In addition to serving up the area’s freshest and tastiest seafood, live music, community booths, arts & crafts, activities for the kids, pirates and more keep the entire family entertained the whole day.

Admission is FREE, though attendees are asked to bring canned goods in exchange for zero admission to benefit a food drive for local food banks.

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Rocky Point July 2015 Market Update

Jensen Beach FL 34957 Condo Market Report June 2015

07.20.15 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report June 2015

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

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

There are currently 31 active listings. (Increased by 1 condos from May)

11 Condo sales are pending and awaiting settlement. (Decreased by 1 condos from May)

5 Condos Sold (Decreased by 3 condos from May)

The Jensen Beach FL 34957 Condo Market Report June 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic. Activity dropped off from the past few months very hot market to just a very good market for Jensen Beach condos.

The one month absorption rate for the June 2015, Jensen Beach Florida Market Report ZIP Code 34957 rose to 6.2 months (from 3.8 months in May), back into a long awaited balanced market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The June 2014 numbers were: 31 active listings, 10 pending sales and 3 condos closed. Marginally 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 June 2015

Jensen Beach FL 34957 Residential Market Report June 2015

07.19.15 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report June 2015

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

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

There are currently 119 active listings. (Down by 16 homes from last month)

90 Residential sales are pending and awaiting close or lender approval. (Down by 2 homes from May)

46 Homes Sold (Increased by 15 homes from May)

The Jensen Beach FL 34957 Residential Market resumed it’s torrid pace for the year after just a slight breather in May. Very strong activity in Jensen Beach residential sales.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 2.6 months (was 4.4 months in May). A very strong 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 June 2014 numbers were: 122 active listings, 62 pending sales and 25 home sales closed. Much better volume this year and encouragingly Jensen Beach inventory hasn’t declined as much as some other parts of Martin County.

Jensen Beach FL 34957 Residential Market Report June 2015

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Jensen Beach FL 34957 Residential Market Report June 2015

Crane Creek in Martin Downs July 2015 Housing Market Update

07.19.15 by Gabe Sanders

Crane Creek in Martin Downs July 2015 Housing Market Update

In July of 2015 there are 11 homes actively listed in Crane Creek. List prices range from $375,000 to $675,000 for an average list price of $549,355 or $148.37 per sq. ft. of living area.

There are currently 2 Crane Creek homes are under contract and awaiting settlement, priced from $179,000 to $415,000 or an average list price of $314,333 which is $132.20 per sq. ft. of living area.

In the past 12 months there have been 22 sales in Crane Creek with sales prices ranging from $135,000 to $635,000 for an average sales price of $337,324 or $118.83 per sq. ft. of living area. The average days on market was 91 with a 95% list to sales price ratio.

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 many 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 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

There is also the opportunity to partake in one of the many other conveniences in place at the country club facility. There are 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.

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Crane Creek in Martin Downs July 2015 Housing Market Update

Palm City FL 34990 Residential Market Report June 2015

07.17.15 by Gabe Sanders

Palm City FL 34990 Residential Market Report June 2015

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

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

There are currently 358 active listings (Decreased by 3 homes from May)

163 Residential sales are pending and awaiting close or lender approval. (Decreased by 41 homes from last month)

128 Homes Sold in May (Increased by 28 sold homes from May)

After a very strong May, the Palm City FL 34990 residential real estate market came in with even more for June. Unfortunately the inventory has dropped to a point that future pending sales have decreased and I believe the volume of future closed sales will suffer unless we get more homes available on the market.

The current absorption rate dropped to 2.8 months from 3.6 months in May. An extreme 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 June 2014 numbers were: 444 active listings, 153 pending sales and 94 closed sales. Even with a greatly reduced inventory. Sales volume is much better for 2015.

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Palm City FL 34990 Residential Market Report June 2015

Stuart FL 34996 Condo Market Report June 2015

07.14.15 by Gabe Sanders

Stuart FL 34996 Condo Market Report June 2015

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

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

There are currently 102 active condo listings (Down by 1 condos last month).

28 Condo sales are pending and awaiting close or lender approval (Decreased by 11 condos from May).

26 Condos Sold in June (Decreased by 7 condos from May)

The Stuart FL 34996 Condo Market continued to be very active through June. We are seeing a small slowdown of the activity level in this very hot segment of the Stuart FL condo market. Though, we remain in a sellers market. I anticipate some more easing as we go into the summer and fall months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – increased to 3.9 months from May’s 3.1 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 June 2014 were: 139 active listings, 33 pending sales and 17 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 June 2015

Tropical Paradise Waterfront Lot Sold

07.14.15 by Gabe Sanders

Tropical Paradise Waterfront Lot Sold

Sorry, but you missed it. This Tropical Paradise waterfront lot sold for full price of $75,000 by the Gabe Sanders BlueWater Realty Team.

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.

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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Tropical Paradise Waterfront Lot Sold

Hobe Sound FL 33455 Residential Market Report May 2015

06.21.15 by Gabe Sanders

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.