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!

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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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.

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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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.

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Hobe Sound FL 33455 Residential Market Report February 2015

Oversized Corner Lot in Port St Lucie

03.21.15 by Gabe Sanders

This 1/3 of an acre lot at 2979 SW Boxwood Circle has been reduced to $15,000. Great spot for a wonderful home.

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$15,000

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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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Jensen Beach FL 34957 Condo Market Report February 2015

03.20.15 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report February 2015

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

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

There are currently 40 active listings. (Unchanged from January)

14 Condo sales are pending and awaiting settlement. (Decreased by 5 condos from January)

9 Condos Sold (No change from January)

The Jensen Beach FL 34957 Condo Market Report February 2015 remains a small sector as far as condos in Martin County. Market activity for February remained almost identical to January with the exception of a decrease in pending sales, which may negatively effect closed sales in the coming months.

The one month absorption rate for the February 2015, Jensen Beach Florida Market Report ZIP Code 34957 remained unchanged at 4.4 months (also 4.4 months in January). A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The February 2014 numbers were: 27 active listings, 20 pending sales and 6 condos closed. Better activity this year, but also increased inventory, though still very low.

Jensen Beach Condominium Properties by Price

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Jensen Beach FL 34957 Condo Market Report February 2015

Jensen Beach FL 34957 Residential Market Report February 2015

03.19.15 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report February 2015

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

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

There are currently 146 active listings. (Down by 7 homes from last month)

85 Residential sales are pending and awaiting close or lender approval. (Up by 20 homes from January)

26 Homes Sold (Decreased by 2 homes from January)

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased slightly to 5.6 months (was 5.5 months in January). 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 February 2013 numbers were: 144 active listings, 82 pending sales and 26 home sales closed. Almost identical activity to last year’s February numbers.

Jensen Beach FL 34957 Residential Market Report February 2015

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Jensen Beach FL 34957 Residential Market Report February 2015

Palm City FL 34990 Residential Market Report February 2015

03.17.15 by Gabe Sanders

Palm City FL 34990 Residential Market Report February 2015

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

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

There are currently 450 active listings (Increased by 7 homes from January)

164 Residential sales are pending and awaiting close or lender approval. (Increased by 6 homes from last month)

55 Homes Sold in January (No change in sold homes from January)

The Palm City FL 34990 residential real estate continued with some fairly sluggish sold numbers while pending sales remain quite strong, so I’m anticipating a return to a more balanced market soon. The inventory also rose for the second month in a row, giving buyers more choices of homes.

The current absorption rate jumped to 8.2 months from 8.1 months in January. The second month in a row of a buyer’s market for Palm City residential real estate. A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The February 2013 numbers were: 472 active listings, 131 pending sales and 49 closed sales. Better 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 February 2015

Stuart FL 34996 Condo Market Report February 2015

03.13.15 by Gabe Sanders

Stuart FL 34996 Condo Market Report February 2015

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

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

There are currently 122 active condo listings (Down by 3 condos from last month).

60 Condo sales are pending and awaiting close or lender approval (Decreased by 2 condos from January).

25 Condos Sold in February (Increased by 2 condos from January)

The Stuart FL 34996 Condo Market continues to show strong results for 2015. My biggest concern is the continued decrease in inventory from last year. This is somewhat surprising as prices are going up and I would have thought more condo owners would be listing during our peak season.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – decreased to 4.9 months from January’s 5.4 months . Moving to an even stronger sellers’ market for February. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for February 2013 were: 171 active listings, 52 pending sales and 30 closed sales. When the decreased inventory for this year is factored into the data, the sales activity is better this year by percentage of available condos.

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Stuart FL 34996 Condo Market Report February 2015

Just Listed Spacious Coral Point Pool Home

03.13.15 by Gabe Sanders

Just Listed Spacious Coral Point Pool Home

New on the market is this spacious Coral Point Pool Home in Rocky Point. Listed for $689,000 by the Gabe Sanders BlueWater Realty Team.

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Just Listed Spacious Coral Point Pool Home

7941 SE Paradise Dr New Price

03.11.15 by Gabe Sanders

7941 SE Paradise Dr New Price

Waterfront lot with ocean access (fixed bridges) now $77,000. Water, sewer, electric in place and ready for your new home!

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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7941 SE Paradise Dr New Price

Ocean Access Waterfront Lot Reduced

02.26.15 by Gabe Sanders

Ocean Access Waterfront Lot Reduced

New price for this Tropical Paradise vacant lot in Stuart FL.

Price Reduced!

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7941 SE Paradise Dr. Stuart, FL 34997

| List Price: $ Get Current Price

Tropical Paradise waterfront lot. 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. Existing water meter, electric and sewer hook-ups on property; can easily be reactivated.Also, property faces protected wildlife sanctuary across the St Lucie River for added privacy.

Community has an RV boat storage lot with one space for every resident. Great opportunity in a wonderful friendly community.

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Gabe Sanders
BlueWater Realty Services Inc.
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License #: 3090099

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Ocean Access Waterfront Lot Reduced

Hobe Sound FL 33455 Residential Market Report January 2015

02.21.15 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report January 2015

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

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

There are currently 231 active listings. (Down by 12 homes from December)

67 Residential sales are pending and awaiting close (Decreased by 4 homes from December)

33 Homes Sold in January (Up by 13 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County is in quite a roller coaster ride these past few months. We closed the year off with a positive note as closed sales came back up nicely. Unfortunately pending sales decreased a little and the inventory continues to decline as well.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 7 months (12.2 months in December). We’re edging back into 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 January 2013 were: 266 active listings, 75 pending sales and 43 closed sales. We have lower inventory this year when compared to 2013. Also, a reduced market activity as well.