Palm City FL 34990 Residential Market Report April 2015

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

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

There are currently 381 active listings (Decreased by 54 homes from March)

217 Residential sales are pending and awaiting close or lender approval. (Increased by 29 homes from last month)

73 Homes Sold in March (Increased by 5 sold homes from March)

The Palm City FL 34990 residential real estate market was very strong for April. Both closed and pending sales were up from previous months. Unfortunately the active inventory continues to declines which may impact the future sales for this area.

The current absorption rate dropped to 5.2 months from 6.4 months in March. 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 April 2014 numbers were: 446 active listings, 166 pending sales and 82 closed sales. It was also a strong sales market for last year, but pending sales look much better for this year. The reduced inventory is troubling.

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Palm City FL 34990 Residential Market Report April 2015

Stuart FL 34996 Condo Market Report April 2015

05.17.15 by Gabe Sanders

Stuart FL 34996 Condo Market Report April 2015

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

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

There are currently 110 active condo listings (Unchanged from last month).

55 Condo sales are pending and awaiting close or lender approval (Decreased by 6 condos from March).

23 Condos Sold in April (Decreased by 13 condos from March)

The Stuart FL 34996 Condo Market was very strong for April. Activity eased slightly from last month’s hot pace, but this is still a strong market with a lot of activity. While both pending and closed sales were off from last month, this is still a hot area for Stuart condos.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – decreased to 4.8 months from March’s 3.1 months . Still a strong sellers market. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for April 2014 were: 142 active listings, 46 pending sales and 41 closed sales. Better closed activity for last year, but with considerably more inventory. Also, better pending activity this year, which may mean good sales activity in the coming months.

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Stuart FL 34996 Condo Market Report April 2015

Spacious Coral Point Pool Home Open House

05.17.15 by Gabe Sanders

Spacious Coral Point Pool Home Open House

OPEN HOUSE, May 19, Tuesday 9:30 AM – 12:00 PM

3450 SE Kubin Ave, Stuart, FL

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Description

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$ Click for current price

3 BEDROOMS

3 BATHROOMS (3 full)

3231 Square Feet

Enjoy this gorgeous and spacious 3 (possibly 4) bedroom home in the Coral Point community of Rocky Point in Stuart, FL. Live large in this open floor plan home that has two large master bedroom suites and an office/den. Enjoy the Florida weather in your own private pool and lanai off the great room and kitchen. And, the kitchen, right from the food Channel, with a center island cooktop and copper hooded draft, granite countertops, convection oven, wine rack, recessed lighting and more. The living area features abundant room for entertaining along with a wet bar. The upstairs master bedroom suite and office both feature large screened balconies. The large lot is located next to common areas and greatly increases the privacy and green space surrounding the home. As a bonus, there’s a day dock and fishing pier available just a few steps away.

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Spacious Coral Point Pool Home Open House

Immaculate Rocky Point Pool Home Sold

05.13.15 by Gabe Sanders

Immaculate Rocky Point Pool Home Sold

4539 SE Halston Ct in Rocky Point, Stuart, FL has been sold by Rusty Abbott of the BlueWater realty team. This home sold for $384,000 after only 5 days on the market. Home owners that list with the BlueWater realty team can only expect the very best.

Great find in Rocky Point! 2001 custom built CBS home offers charm & comfort. This 3 bedroom, 2 bathroom home has all the upgrades including a natural stone accented fireplace, gas range, granite counters, french doors, decorator fans & trey ceilings. Heated screened inground pool was added in 2008. Other features include hurricane shutters, central vacuum, surround sound and newer washer and dryer, air conditioner and hot water heater. The extended driveway is perfect for multiple cars or boats and comes complete with its own fish cleaning table.

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.

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Immaculate Rocky Point Pool Home Sold

Another Pool Home Sold in Rocky Point

05.05.15 by Gabe Sanders

Another Pool Home Sold in Rocky Point

5636 SE Sailfish Way in Rocky Point, Stuart, FL has been sold for $312,500. Another successful Internet purchase from the BlueWater Realty Team’s website search.

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Another Pool Home Sold in Rocky Point

May 2015 Market Report for River Pines in Stuart FL

05.04.15 by Gabe Sanders

May 2015 Market Report for River Pines in Stuart FL

As of may 2015, there are 7 active listings for River Pines townhomes for sale in Stuart, FL. Prices range from $109,140 to $139,900 which equals an average price of $124,055 or $93.77 per sq. ft. of living area. There is one short sale among these 7 homes.

There are 7 homes under contract awaiting sale. List prices are from $96,000 to $139,900 for an average list price of $119,171 or $92.52 per sq. ft. of living area. There is one short sale and one foreclosure among these pending sales.

In the past 12 months, 34 townhouses have sold in River Pines with sales prices ranging from $80,000 to $132,7,000 at an average sales price of $105,685 which equals $81.29 per sq. ft. of living area. These homes sold at an average of 97% of list price. Of these sales, there was one short sale and 5 banl owned foreclosures.

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.

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.

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

As of May, 2014 HOA fees were $160 per month.

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May 2015 Market Report for River Pines in Stuart FL

Tropical Paradise Ocean Access Waterfront Lot New Price

05.01.15 by Gabe Sanders

Tropical Paradise Ocean Access Waterfront Lot New Price

Waterfront lot with ocean access (fixed bridges) now only $75,000. Best priced ocean access lot in Martin County! Water, sewer, electric in place and ready for your new home!

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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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 Ocean Access Waterfront Lot New Price

Hobe Sound FL 33455 Residential Market Report March 2015

04.21.15 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report March 2015

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

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

There are currently 222 active listings. (Down by 28 homes from February)

120 Residential sales are pending and awaiting close (Up by 22 homes from February)

52 Homes Sold in March (Up by 17 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County showed some very strong activity for March. Both pending and closed sales rose, though unfortunately the inventory dropped, possibly effecting future activity with fewer choices for buyers.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased slightly to 4.3 months (7.1 months in February). Back into a strong 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 March 2013 were: 298 active listings, 108 pending sales and 38 closed sales. Much stronger activity this year. Very impressive when the considerably lower inventory is factored in.

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Hobe Sound FL 33455 Residential Market Report March 2015

Jensen Beach FL 34957 Condo Market Report March 2015

04.20.15 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report March 2015

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

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

There are currently 30 active listings. (Decreased by 10 condos from February)

21 Condo sales are pending and awaiting settlement. (Increased by 7 condos from February)

5 Condos Sold (Decreased by 4 condos from February)

The Jensen Beach FL 34957 Condo Market Report March 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic. The inventory remains low, while pending sales (a sign of future activity) improved and closed sales decreased.

The one month absorption rate for the March 2015, Jensen Beach Florida Market Report ZIP Code 34957 rose to 6 months (from 4.4 months in February), back into a balanced market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2014 numbers were: 23 active listings, 18 pending sales and 16 condos closed. Not as strong a month as we had in March of 2014.

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Jensen Beach FL 34957 Condo Market Report March 2015

Jensen Beach FL 34957 Residential Market Report March 2015

04.19.15 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report March 2015

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

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

There are currently 142 active listings. (Down by 4 homes from last month)

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

29 Homes Sold (Increased by 2 homes from February)

The Jensen Beach FL 34957 Residential Market continues to show good strong activity with a strong increase in pending sales for this month and a slight drop in closed sales. The available inventory also took a slight decrease.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 4.9 months (was 5.6 months in February). Still in a sellers market for Jensen Beach home sales. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The March 2013 numbers were: 124 active listings, 97 pending sales and 29 home sales closed. Similar activity to last year. Though, interestingly Jensen Beach is one of the few areas in Martin County with increased inventory for 2015 as compared to last year.

Jensen Beach FL 34957 Residential Market Report March 2015

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Jensen Beach FL 34957 Residential Market Report March 2015

Palm City FL 34990 Residential Market Report March 2015

04.17.15 by Gabe Sanders

Palm City FL 34990 Residential Market Report March 2015

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

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

There are currently 435 active listings (Decreased by 15 homes from February)

188 Residential sales are pending and awaiting close or lender approval. (Increased by 24 homes from last month)

68 Homes Sold in February (Increased by 13 sold homes from February)

The Palm City FL 34990 residential real estate rebounded for March with some strong gains in both pending and closed sales. Unfortunately, a decrease in inventory bringing us below last years levels.

The current absorption rate dropped to 6.4 months from 8.2 months in February. Back into a balanced buyer’s market for Palm City residential real estate market. A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The March 2013 numbers were: 440 active listings, 169 pending sales and 48 closed sales. Considerably stronger activity for 2015 than as compared to last year, which started out fairly slow after a very heated 2013.

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Palm City FL 34990 Residential Market Report March 2015

Stuart FL 34996 Condo Market Report March 2015

04.13.15 by Gabe Sanders

Stuart FL 34996 Condo Market Report March 2015

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

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

There are currently 110 active condo listings (Down by 12 condos from last month).

61 Condo sales are pending and awaiting close or lender approval (Increased by 1 condos from February).

36 Condos Sold in March (Increased by 11 condos from February)

The Stuart FL 34996 Condo Market was very strong for March. This is the height of our condo season for those purchasing second home getaways from the cold and snowy conditions up north as well as those moving here permanently for a more relaxed and convenient Florida lifestyle. Sales and pending sales both increased and remained strong. Unfortunately our inventory is down to historically low levels.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – decreased to 3.1 months from February’s 4.9 months . Moving to a pretty extreme sellers’ market for March. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for March 2013 were: 150 active listings, 55 pending sales and 34 closed sales. Even with close to 30% less inventory, there was better sales and pending activity for this year as opposed to March 2014.

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Stuart FL 34996 Condo Market Report March 2015

Stuart Waterfront Lot New Price

04.07.15 by Gabe Sanders

Stuart Waterfront Lot New Price

This Tropical Paradise vacant Stuart waterfront lot has a new price of $76,000!

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.

Stuart Waterfront Lot New Price

Rocky Point Pool Home Under Contract

04.03.15 by Gabe Sanders

Rocky Point Pool Home Under Contract

5636 SE Sailfish Way in Rocky Point, Stuart, FL is now pending. The buyers saw this home on the BlueWater Realty Team’s web site and came to town to purchase it.

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Rocky Point Pool Home Under Contract

Fort Pierce Oceanfront Land New Price

03.29.15 by Gabe Sanders

Fort Pierce Oceanfront Land New Price

The seller has slashed the price for this oceanfront lot by $100,000. Now available for $795,000. Build your own magnificent mansion or a great investment opportunity for 3 townhouses.

Ocean front living at it’s best. Build your dream home and step out to your own ocean front paradise. Or build up to a three townhouse with great future income or re-sale potential. Great location, only minutes to the revitalized downtown Fort Pierce, where you can enjoy fine dining, entertainment and many deep water ocean access marinas. Also only a few minutes to prestigious Vero Beach or Jensen Beach, with great shopping and beautiful beaches. Motivated seller is ready to look at offers.

This lot is suitable for a large home or possibly a multifamily structure for those wishing to have a long term investment opportunity. One of the very few buildable ocean front lots left on South Beach in Fort Pierce.

Easy access to restaurants, shopping and the vibrant downtown area of Fort Pierce, FL

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Fort Pierce Oceanfront Land New Price

Hobe Sound FL 33455 Residential Market Report February 2015

03.21.15 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report February 2015

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

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

There are currently 250 active listings. (Up by 19 homes from January)

98 Residential sales are pending and awaiting close (Up by 31 homes from January)

35 Homes Sold in February (Up by 2 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County showed some improvement for February after a somewhat slower start for the year. The largest jump was in pending sales which should result in some very strong sales activity in the next month or two.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased slightly to 7.1 months (7 months in January). Just a little shy of a balanced market for Hobe Sound. 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 2013 were: 289 active listings, 98 pending sales and 26 closed sales. Considerably better activity with the lower number of active homes available on the market.