Hobe Sound FL 33455 Residential Market Report January 2018

Hobe Sound FL 33455 Residential Market Report January 2018

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

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

There are currently 193 active listings. (Increased by 4 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2018

74 Residential sales are pending and awaiting close  (Up by 12 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2018

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

Hobe Sound FL 33455 Residential Market Report January 2018

The Hobe Sound Florida Market Report ZIP Code 33455 showed some strong activity to begin the year with increases in both pending and closed sales.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 5.2 months ( It was 7.9 months in December).  Back into a sellers market after one month of being in a buyers 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 January 2017 were:  232 active listings, 78 pending sales, and 27 closed sales.  A greater number of closed sales on less inventory this year as compared to January of 2017.

Hobe Sound FL 33455 Residential Market Report January 2018

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Hobe Sound FL 33455 Residential Market Report January 2018

Jensen Beach FL 34957 Condo Market Report January 2018

Jensen Beach FL 34957 Condo Market Report January 2018

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

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

There are currently 119 active listings. (Increased by 11 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2018

47 Condo sales are pending and awaiting settlement. (Up by 21 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2018

15 Condos Sold (Down by 1 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2018

 The Jensen Beach FL 34957 Condo Market Report for January had a large increase of pending sales which should result in some strong closed sales volume for the coming months.

The one month absorption rate for the January 2018, Jensen Beach Florida Market Report ZIP Code 34957 rose to 7.9 months (from 6.8 months in December), drifting into a buyers market for the first time in a while.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The January 2017 numbers were: 132 active listings, 43 pending sales and 16 condos closed.  Very similar activity when compared to last January on less inventory of available condos for this year.

Jensen Beach FL 34957 Condo Market Report January 2018

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Jensen Beach FL 34957 Condo Market Report January 2018

Jensen Beach FL 34957 Residential Market Report January 2018

Jensen Beach FL 34957 Residential Market Report January 2018

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

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

 There are currently 193 active listings. (Up by 26 homes from last month)

Jensen Beach FL 34957 Residential Market Report January 2018

69 Residential sales are pending and awaiting close or lender approval. (Up by 17 homes from December)

Jensen Beach FL 34957 Residential Market Report January 2018

24 Homes Sold (Unchanged from December)

Jensen Beach FL 34957 Residential Market Report January 2018

The Jensen Beach FL 34957 Residential Market increased in inventory for January as well as a good jump in pending sales while closed sales remained unchanged.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 8.0 months ( was 7.0 months in December).  Into a buyer’s market for Jensen Beach residential sales for the first time in a while.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The January 2017 numbers were: 198 active listings, 72 pending sales, and 34 home sales closed.  Considerably stronger activity last January.
Jensen Beach FL 34957 Residential Market Report January 2018
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Jensen Beach FL 34957 Residential Market Report January 2018

Highlands Reserve February 2018 Market Update

Highlands Reserve February 2018 Market Update

There are currently 4 homes actively listed in Highlands Reserve for August of 2017 in Palm City, Florida.  Prices range from $464,900 up to $679,000.  The average list price is $542,219 which equals $148.83 per square foot of living area.

There are 6 homes under contract awaiting closing.  These homes were listed from a low of $398,500 up to $1,399,000 for an average list price of $701,082 or $217.45 per sq. ft. of living area.  These homes went under contract in an average of 107 days after they were listed.

In the past 12 months, 24 homes have sold in Highlands Reserve with an average sales price of $459,270 which works out to $146.68 per square foot of living area.  These sales prices ranged from $330,000 up to $800,000 withthe homes averaging 110 days on market prior to going under contract and selling at 97% of listed price.

About Highlands Reserve in Palm City FL:

Highlands Reserve real estate in Palm City FL

 Highlands Reserve is one of the newest upscale communities in this section of Martin County. Enter the magnificent gates and surround yourself with the well appointed amenities of the clubhouse and natural beauty of this community. Included are paths into winding nature trails will offer dramatic views of surrounding natural preserves and serene lakes.

Highlands Reserve real estate in Palm City FL Highlands Reserve real estate in Palm City FL

Located only seconds from I-95 and within minutes of shopping, beaches and the laid back easy lifestyle of Martin County. Perfect for the family with an ‘A’ rated school system. Only 30 minutes to West Palm Beach and 2 hours to Orlando.

Highlands Reserve real estate in Palm City FL Highlands Reserve real estate in Palm City FL

Low HOA fees of $315.00 per month include landscaping and irrigation as well as the security gate, use of the full service clubhouse with large pool and state of the art fitness center.  Lounge and kitchen for private parties and occasions.

Highlands Reserve real estate in Palm City FL

Highlands Reserve is a D. R. Horton community and new construction homes are still available.  There are usually some excellent offers available through Realtors.  Call us today for our new construction special rebate program.

Highlands Reserve real estate in Palm City FL

Give us a call for the full line of exceptional new homes available in Highland Reserve in Palm City, FL.

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Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Highlands Reserve February 2018 Market Update

North River Shores February 2018 Market Report

North River Shores February 2018 Market Report

The North River Shores February 2018 Market Report for Stuart Florida:

There are currently 8 active listings in North River Shores.  List prices range from $319,000 up to $1,300,000.  The average list price is $720,238 based on $297.49 per square foot of living area.

6 homes are under contract (pending sales). List prices were from $280,000 up to $875,000 for an average of $490,615 which equates to a $204.84 price per sq. ft. of living area.  These homes averaged 105 days on the market before going under contract.

In the past 12 months, 23 homes have sold in North River Shores at an average sales price of $509,830 or at $228.25 per square foot of living area. Sales prices ranged from a low of $180,000 up to $1,850,000 and sales averaged 95% of the list price.  These homes were on the market for an average of 101 days prior to accepting the offers that lead to the sale.

About North River Shores in Stuart FL:

The area north of the Roosevelt Bridge to Britt Road and west of US 1 is sometimes loosely referred to as “North River Shores.” However, North River Shores and its companion neighborhoods of Cocoanut Point and North River Forest are distinct subdivisions as recorded in Martin County records.
 
Members of these communities enjoy the benefits of designated park areas as well as the use of the boat ramp at Nosaw Park which accesses the North Fork of the St. Lucie River.
There are also some accompanying deed restrictions that enhance and protect the aesthetic nature of this beautiful community.

The North River Shores communities include both waterfront and non-waterfront homes.  Waterfront homes may have sweeping miles wide views of the North Fork of the Saint Lucie River or protected canal front homes with deep water dockage.  Additionally, North River Shores is a bird and wildlife sanctuary.


This community is blessed with easy access to shopping, the beaches, houses of worship, schools and access to both downtown Stuart and Jensen Beach, yet it maintains a quiet and peacefully neighborhood character.   This is a wonderful neighborhood within Martin County’s ‘A’ rated school district.
For additional information about North River Shores and/or the surrounding communities, contact Gabe Sanders or of Premier Realty Group.

 
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North River Shores February 2018 Market Report

Hobe Sound FL 33455 Residential Market Report December 2017

Hobe Sound FL 33455 Residential Market Report December 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for December 2017

  For December 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 189 active listings. (Decreased by 6 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2017

62 Residential sales are pending and awaiting close  (Up by 10 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2017

24 Homes Sold in December (Down by 8 homes from last month)

Hobe Sound FL 33455 Residential Market Report December 2017

The Hobe Sound Florida Market Report ZIP Code 33455 had a nice jump in pending sales, though closed sales were off from last month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 7.9 months ( It was 6.1 months in November).  Back into a seller’s market after one month of a balanced 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 December 2016 were:  206 active listings, 57 pending sales, and 40 closed sales.  Considerably stronger closed sales in December 2016 than last month on greater inventory.

Hobe Sound FL 33455 Residential Market Report December 2017

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Hobe Sound FL 33455 Residential Market Report December 2017

Jensen Beach FL 34957 Condo Market Report December 2017

Jensen Beach FL 34957 Condo Market Report December 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for December 2017

For December 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 108 active listings. (Increased by 2 condos from November)

Jensen Beach FL 34957 Condo Market Report December 201

26 Condo sales are pending and awaiting settlement. (Up by 2 condos from November)

Jensen Beach FL 34957 Condo Market Report December 201

16 Condos Sold (Down by 1 condos from November)

Jensen Beach FL 34957 Condo Market Report December 201

 The Jensen Beach FL 34957 Condo Market Report for December had a weaker December than last month with reduced pending and closed sales along with a needed increase in inventory.

The one month absorption rate for the December 2017, Jensen Beach Florida Market Report ZIP Code 34957 rose to 6.8 months (from 6.2 months in November), remaining in a balanced market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The December 2016 numbers were: 134 active listings, 26 pending sales and 19 condos closed.  Slightly better activity this December than for December 2016 with a reduced number of condos for sale (inventory).

Jensen Beach FL 34957 Condo Market Report December 201

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Jensen Beach FL 34957 Condo Market Report December 2017

Jensen Beach FL 34957 Residential Market Report December 2017

Jensen Beach FL 34957 Residential Market Report December 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for December 2017

 For December 2017 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 167 active listings. (Up by 7 homes from last month)

Jensen Beach FL 34957 Residential Market Report December 2017

52 Residential sales are pending and awaiting close or lender approval. (Up by 1 homes from November)

Jensen Beach FL 34957 Residential Market Report December 2017

24 Homes Sold (Down by 4 homes from November)

Jensen Beach FL 34957 Residential Market Report December 2017

The Jensen Beach FL 34957 Residential Market had slightly less activity for the end of 2017 than there was in November.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 7.0 months ( was 5.7 months in November).  Going into a slight buyers market for Jensen Beach residential sales for the first time in a while.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The December 2016 numbers were: 183 active listings, 53 pending sales, and 33 home sales closed.  Not as good a market in Jensen Beach to close out 2017 as it was in 2016.
Jensen Beach FL 34957 Residential Market Report December 2017
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Jensen Beach FL 34957 Residential Market Report December 2017

Crane Creek in Martin Downs January 2018 Housing Market Update

Crane Creek in Martin Downs January 2018 Housing Market Update

Crane Creek in Martin Downs

As of January 2018, there are 8 homes actively listed in Crane Creek.  List prices range from $399,900 up to $649,000 for an average list price of $506,573 which equals $158.23 per sq. ft. of living area.

There is one Crane Creek home under contract and awaiting settlement, which was listed for $649,500 or $139.14 per sq. ft. of living area.  This home was on the market for 168 days before going under contract.

In the past 12 months, there have been 16 sales in Crane Creek with sales prices ranging from $285,000 up to $645,000 for an average sales price of $446,872 which works out to $153.05 per sq. ft. of living area. The average days on market was 71 with a 95% list to sales price ratio.

About Crane Creek in Palm City:

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 much 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 in Martin Downs

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

Crane Creek in Martin Downs

There is also the opportunity to partake in one of the many other conveniences in place at the country club facility.  There is 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.
Crane Creek in Martin Downs

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Crane Creek in Martin Downs January 2018 Housing Market Update

Circle Bay Waterfront Condos Stuart FL January 2018 Market Report

Circle Bay Waterfront Condos Stuart FL January 2018 Market Report

As of January 2018, there are 12 condos for sale in the Circle Bay Yacht Club of Stuart FL.   Listing prices range from $129,000 up to $269,900.  The average listing price $186,749 which equals a price per square foot of living area of $181.70.

There is one Circle Bay condo under contract and awaiting close.  The list price was $165,000 or $164.84 per sq. ft. of living area.  This condo was on the market for 28 days before going under contract.

In the past 12 months, 23 Circle Bay Waterfront Condos have sold.  Sales prices ranged from a low of $116,000
up to $245,000 for an average sales price of $175,448 which is $170.98 per sq. ft.  These condos sold for an average of 95% of the last listed price and in an average of 85 days on market prior to accepting an offer that resulted in the sale.

About the Circle Bay Yacht Club Condos in Stuart FL:

Circle bay Yacht Club Stuart FL Circle bay Yacht Club Stuart FLThe Circle Bay condo complex is a waterfront 55+ condo community with docks (for boats up to 36′) that have easy wide river and ocean access.  Docks are not deeded, rather rented at reasonable monthly rates.  Heated pools, clubhouse, grills, etc. are some of the numerous amenities available for residents of the Circle Bay Yacht Club.  Rentals are permitted with restrictions.  Sorry, no pets.  Circle Bay has both elevator and non-elevator buildings.  Covered car ports.

Circle bay Yacht Club Stuart FL Circle bay Yacht Club Stuart FL

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Circle Bay Waterfront Condos Homes for Sale in Palm City Florida

 

Circle Bay Waterfront Condos Stuart FL January 2018 Market Report

Hobe Sound FL 33455 Residential Market Report November 2017

Hobe Sound FL 33455 Residential Market Report November 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for November 2017

  For November 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 195 active listings. (Decreased by 17 homes from October)

Hobe Sound FL 33455 Residential Market Report November 2017

52 Residential sales are pending and awaiting close  (Up by 3 homes from October)

Hobe Sound FL 33455 Residential Market Report November 2017

32 Homes Sold in November (Up by 3 homes from last month)

Hobe Sound FL 33455 Residential Market Report November 2017

The Hobe Sound Florida Market Report ZIP Code 33455 showed improvement over last month with an increase in both pending and closed sales activity.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 6.1 months ( It was 7.3 months in October).  Back into a balanced market after one month of a buyer’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 November 2016 were:  204 active listings, 64 pending sales, and 31 closed sales.  Slightly better closed activity but weaker pending sales as compared to last year.

Hobe Sound FL 33455 Residential Market Report November 2017

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Hobe Sound FL 33455 Residential Market Report November 2017

Jensen Beach FL 34957 Condo Market Report November 2017

Jensen Beach FL 34957 Condo Market Report November 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for November 2017

For November 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 106 active listings. (Increased by 22 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2017

24 Condo sales are pending and awaiting settlement. (Down by 8 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2017

17 Condos Sold (Down by 7 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2017

 The Jensen Beach FL 34957 Condo Market Report for November had a weaker November than last month with reduced pending and closed sales along with a needed increase in inventory.

The one month absorption rate for the November 2017, Jensen Beach Florida Market Report ZIP Code 34957 jumped up to 6.2 months (from 3.5 months in October), transitioning 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 November 2016 numbers were: 142 active listings, 28 pending sales and 10 condos closed.  Considerably stronger closed activity this year with reduced inventory.

Jensen Beach FL 34957 Condo Market Report November 2017

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Jensen Beach FL 34957 Condo Market Report November 2017

Jensen Beach FL 34957 Residential Market Report November 2017

Jensen Beach FL 34957 Residential Market Report November 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for November 2017

 For November 2017 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 160 active listings. (Up by 17 homes from last month)

Jensen Beach FL 34957 Residential Market Report November 2017

51 Residential sales are pending and awaiting close or lender approval. (Down by 1 homes from October)

Jensen Beach FL 34957 Residential Market Report November 2017

28 Homes Sold (Down by 11 homes from October)

Jensen Beach FL 34957 Residential Market Report November 2017

The Jensen Beach FL 34957 Residential Market showed some slower activity this month as compared to October.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 jumped to 5.7 months ( was 3.7 months in October).  Coming close to a balanced market for Jensen Beach residential sales.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The November 2016 numbers were: 187 active listings, 61 pending sales, and 38 home sales closed.  Considerably better sales and pending volume last year.
Jensen Beach FL 34957 Residential Market Report November 2017
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Jensen Beach FL 34957 Residential Market Report November 2017

Windjammer Waterfront Condos December 2017 Market Report

Windjammer Waterfront Condos December 2017 Market Report

As of December 2017, there are 5 condos on the market in the Windjammer Yacht Club  of Stuart FL.   Listing prices range from $178,500 up to $229,900.  The average list price is $215,460 which equates to a price per square foot of living area of $180.91.

Currently, there are 2 condos under contract which has not sold as of this writing.  These condos were listed for $235,000 and $312,500 for an average list price of $273,750 or $229.85 per sq. ft. of living area and went under contract 108 days after it was listed.

In the past 12 months, 9 Windjammer Waterfront Condos have sold.  Sales prices ranged from $130,000 up to $300,000 for an average sales price of  $205,044 which equals $172.16 per sq. ft.  These condos sold for an average of 94% of the last list price and were on the market for an average of 130 days prior to accepting an offer.

Windjammer Waterfront Condos Windjammer is a senior (55+) community of waterfront condos in Stuart, FL on the South Fork of the wide Saint Lucie River with easy ocean access.  There are 130 2 bedroom, 2 bathroom condos with porches.

Windjammer Waterfront Condos
Docks are deeded to the condos and are owned by the unit owners.  (Not every condo has an accompanying dock)  Dock sizes vary and go up to a 16′ beam and 40′ length.  Rentals are allowed with restrictions and 1 small pet is also allowed.
 Windjammer Waterfront Condos Windjammer Waterfront Condos

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Windjammer Waterfront Condos Homes for Sale in Palm City Florida

 

Windjammer Waterfront Condos December 2017 Market Report

Plantation House Condos Indian River Plantation December 2017 Market Report

Plantation House Condos Indian River Plantation December 2017 Market Report

There is one condo for sale in the Plantation House of Hutchinson Island.  This condo is listed for $504,999 or $340.07 per sq. ft. of living area.

There are no currently pending sales in the Plantation House.

Two condos have sold in the Plantation House in the past 12 months.  The sales prices were $501,000 and $565,000 for an average sales price of $533,000 which equals $411.38 per sq. ft. of living area.  These condos sold for an average of 96% of the last listed price and went under contract in an average of 78 days after going on the market.

About the Plantation House on Hutchinson Island in Indian River Plantation:

Plantation House Condos on Hutchinson Island

Located on the shores of the Atlantic Ocean, the Plantation House Condos are within the Indian River Plantation are of South Hutchinson Island which is the finest resort community in Martin County/Stuart FL.

Plantation House Condos on Hutchinson IslandThe Plantation House was built in 1979 and has 39 2 bedroom, 2 bathroom condos that range in size from 1249 sq. ft. of living area up to 1393 sq. ft.  All units have Ocean Views.   There’s an Oceanside pool as well as under building parking and some free standing garages that come with the Plantation House condos.

Plantation House Condos on Hutchinson Island

Current condo and management fees are around $567 per month.

Plantation House Condos on Hutchinson Island

Indian River Plantation amenities include a golf course, full service marina, tennis courts, tiki bar and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.

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Other Indian River Plantation Condos you may wish to consider: 
Bayview, Beachwalk, Dunes Club, Fairway Villas, Inlet Village, Lakeside, Ocean House, Ocean Terrace, Plantation Club Villas, Resort Villas, River Village, Riverbend, Riverwood, Tennis Villas

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Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Plantation House Condos Indian River Plantation December 2017 Market Report

 

 

 

Hobe Sound FL 33455 Residential Market Report October 2017

Hobe Sound FL 33455 Residential Market Report October 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for October 2017

  For October 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 212 active listings. (Increased by 35 homes from September)

Hobe Sound FL 33455 Residential Market Report October 2017

49 Residential sales are pending and awaiting close  (Down by 8 homes from September)

Hobe Sound FL 33455 Residential Market Report October 2017

29 Homes Sold in October (Up by 1 homes from last month)

Hobe Sound FL 33455 Residential Market Report October 2017

The Hobe Sound Florida Market Report ZIP Code 33455 showed a second slower month with an unexpected jump in inventory.  Some of this decreased activity may have been caused by Hurricane Irma which shut down real estate for a little over a week in September.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 jumped to 7.3 months ( It was 6.3 months in September).  Now a buyer’s market after a brief month as a balanced 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 October 2016 were:  198 active listings, 59 pending sales, and 33 closed sales.  Better activity for 2016 on slightly lower inventory levels.

Hobe Sound FL 33455 Residential Market Report October 2017

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Hobe Sound FL 33455 Residential Market Report October 2017

Jensen Beach FL 34957 Condo Market Report October 2017

Jensen Beach FL 34957 Condo Market Report October 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for October 2017

For October 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 84 active listings. (Increased by 2 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2017

32 Condo sales are pending and awaiting settlement. (Up by 1 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2017

24 Condos Sold (Down by 1 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2017

 The Jensen Beach FL 34957 Condo Market Report for October shows a continuing active market even as the inventory continues to decline making for fewer available condos available to purchase.  The Jensen Beach condo market appears to be one of the few segments that has not been affected by September’s hurricane.

The one month absorption rate for the October 2017, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 3.5 months (from 3.3 months in September), still a very 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 October 2016 numbers were: 128 active listings, 30 pending sales and 22 condos closed.  Considerably stronger activity this year with reduced inventory.

Jensen Beach FL 34957 Condo Market Report October 2017

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Jensen Beach FL 34957 Condo Market Report October 2017

Jensen Beach FL 34957 Residential Market Report October 2017

Jensen Beach FL 34957 Residential Market Report October 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for October 2017

 For October 2017 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 143 active listings. (Up by 1 homes from last month)

Jensen Beach FL 34957 Residential Market Report October 2017

52 Residential sales are pending and awaiting close or lender approval. (Down by 3 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2017

39 Homes Sold (Up by 10 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2017

The Jensen Beach FL 34957 Residential Market rebounded strongly for October after a slightly weaker hurricane impacted September market.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dipped to 3.7 months ( was 4.9 months in September).  More of a seller’s market for Jensen Beach residential sales.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The October 2016 numbers were: 171 active listings, 69 pending sales, and 37 home sales closed.  Better sales activity this year on a considerably lower amount of available homes for sale.
Jensen Beach FL 34957 Residential Market Report October 2017
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Jensen Beach FL 34957 Residential Market Report October 2017

River Pines Townhouses November 2017 Market Report

River Pines Townhouses November 2017 Market Report

As of November 2017, there are 6 active listings for River Pines townhouses for sale in Stuart, FL.  Prices range from a low of $147,500 up to $159,750 which equals to an average list price of $153,342 or $115.06 per sq. ft. of living area.

There are 5 River Pines town homes under contract awaiting sale.  List prices are from $138,500 up to $174,900 for an average list price of $151,840 or $113.05 per sq. ft. of living area.  These properties averaged 122 days on the market prior to going under contract.

In the past 12 months, 23 townhouses have sold in River Pines with sales prices ranging from$129,900 to $165,000 which equals to an average sales price of $144,689 or $112.29 per sq. ft. of living area.  These townhomes have been on the market for an average of 66 days prior to going under contract and sold for 98% of the last list price.

About River Pines in Stuart FL:River Pines Townhomes

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.

River Pines in Stuart FL

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.

River Pines in Stuart FL

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

River Pines in Stuart FL

As of November 2017, HOA fees were $167 per month.

River Pines in Stuart FL

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River Pines Townhouses November 2017 Market Report

Springtree Stuart FL November 2017 Market Report

Springtree Stuart FL November 2017 Market Report

For November 2017 there are two homes available to purchase in Springtree.  The list prices for these homes are $320,000 and $329,000 for an average list price of $324,500 which is $178.69 per sq. ft. of living area.

There is 1 home under contract in Springtree.  The last list price was $249,000 or $149.10 per sq. ft. of living area. This home was on the market for 21 days prior to going under contract.

4 Springtree homes have sold in the past 12 months.  Sales prices ranged from $202,000 to $295,000 for an average sales price of $258,000 which equals $151.48 per sq. ft. of living area.  Sales prices averaged 95% of list price and these homes took an average of 73 days to go under contract.

About the Springtree Community in Stuart FL:

Springtree Entrance - Stuart Florida real Estate

Springtree is a beautiful small development just west of US 1 in Stuart, Florida. Conveniently located between Indian Street and Salerno Road, Springtree is close to shopping, restaurants, beaches and easy access to I-95 for commuters. This community is a wonderful family neighborhood and in the Martin County ‘A’ rated school district, with Pinewood Elementary, Stuart Middle and Martin County High.

Springtree - Stuart Florida Homes for Sale

Engle Homes completed this community between the years of 2000 and 2003. This is a gated community with a lighted lake and fountain as the centerpiece of the community.  Low HOA fees of approximately $120. month make this an affordable community.   Many homes boast wonderful private lakeside views. Springtree also has a number of preserve areas as well as a playground to keep the tots occupied.

Springtree - Homes for Sale in Stuart Florida

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For any questions you may have about Springtree Stuart FL November 2017 Market Report, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Springtree Stuart FL November 2017 Market Report