Jensen Beach FL 34957 Condo Market Report April 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for April 2018

For April 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 118 active listings. (Increased by 9 condos from March)

40 Condo sales are pending and awaiting settlement. (Down by 18 condos from March)

42 Condos Sold (Up by 15 condos from March)

The Jensen Beach FL 34957 Condo Market Report for April had a very nice increase in closed sales. Unfortunately pending sales were down indicating a possibility for a reduced volume of closed sales for the coming months. Inventory rose from last month which is a good sign and unlike most of the rest of Martin County areas.

The one month absorption rate for the April 2018, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 2.8 months (from 4.0 months in March), an even 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 April 2017 numbers were: 135 active listings, 48 pending sales, and 41 condos closed. Very similar numbers when compared to last year.

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report April 2018

Jensen Beach FL 34957 Residential Market Report April 2018

05.23.18 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report April 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for April 2018

For April 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

There are currently 169 active listings. (Down by 17 from last month)

102 Residential sales are pending and awaiting close or lender approval. (Up by 9 homes from March)

59 Homes Sold (Increased by 15 homes from March)

The Jensen Beach FL 34957 Residential Market could use some more homes for sale as the current inventory is just flying off the market with brisk sales.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 plunged to 2.9 months ( was 5.5 months in March). A very strong seller’s market for Jensen Beach residential sales after a month that inched 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 April 2017 numbers were: 179 active listings, 98 pending sales, and 49 home sales closed. Better activity for this year when compared to April 2017.

Jensen Beach FL 34957 Residential Market Report April 2018

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report April 2018

River Pines Townhouses May 2018 Market Report

05.15.18 by Gabe Sanders

River Pines Townhouses May 2018 Market Report

As of May 2018, there are 3 active listings for River Pines townhouses for sale in Stuart, FL. Prices range from a low of $160,999 up to $169,900 which equals to an average list price of $165,213 or $128.27 per sq. ft. of living area.

There is only 1River Pines town home under contract awaiting sale. The list price was $174,900 or $135.79 per sq. ft. of living area. This property was on the market for 76 days prior to going under contract.

In the past 12 months, 31 townhouses have sold in River Pines with sales prices ranging from$115,000 up to $165,000 which equals to an average sales price of $143,776 or $110.04 per sq. ft. of living area. These townhomes have been on the market for an average of 93 days prior to going under contract and sold for 97% of the last list price.

About River Pines in 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.

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 2018, HOA fees were $167 per month.

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River Pines Townhouses May 2018 Market Report

Hobe Sound FL 33455 Residential Market Report March 2018

04.25.18 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report March 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for March 2018

For March 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 194 active listings. (Decreased by 23 homes from February)

105 Residential sales are pending and awaiting close (Up by 25 homes from February)

45 Homes Sold in March (Up by 4 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 remains a strong and active real estate market with both pending and closed sales increased when compared to last month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 4.3 months ( It was 5.0 months in February). Continuing as a seller’s 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 2017 were: 200 active listings, 102 pending sales, and 42 closed sales. Better activity this year when compared to last March.

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Land Properties

- Land Properties for Sale in Hobe-Sound, Florida Between $0 – $500,000
- Land Properties for Sale in Hobe-Sound, Florida Between $2,500,000 – $3,000,000

Rental Properties

- Rental Properties for Rent in Hobe-Sound, Florida Between $0 – $500,000

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Stuart Florida Real Estate presented by:
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Hobe Sound FL 33455 Residential Market Report March 2018

Jensen Beach FL 34957 Condo Market Report March 2018

04.24.18 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report March 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for March 2018

For March 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 109 active listings. (Decreased by 3 condos from February)

58 Condo sales are pending and awaiting settlement. (Up by 12 condos from February)

27 Condos Sold (Down by 3 condos from February)

The Jensen Beach FL 34957 Condo Market Report for March had a slightly lower closed sale volume while pending sales increased. This market is in need of some additional inventory.

The one month absorption rate for the March 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 4.0 months (from 3.7 months in February), remaining in a seller’s market after a short two months outside of this. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2017 numbers were: 129 active listings, 54 pending sales and 25 condos closed. Considerably better sales and pending sales this year with a significantly lower inventory of available condos for sale.

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