Stuart Florida Market Report ZIP Code 34997 – Residential, April 2012

Stuart Florida Market Report ZIP Code 34997 – Residential, April 2012

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for April 2012

There are currently 407 active listings (A decrease of 21 homes from March).

245 Residential sales are pending and awaiting close or lender approval (A decrease of 18 homes from March).

67 Homes Sold in March (Up 6 homes from March)

Another positive month for the 34997 zip code area of Stuart Florida. This segment of the martin County real estate market is just HOT! Inventory took another drop again in April while pending sales also dropped slightly and closed sales were up to 67 sold homes. There is an exceptionally large number of contingent sales (pendings) that are awaiting lender approval in the form of short sales. Hopefully, the majority of these will receive approval and close. It is significant to note that the active inventory has decreased significantly in the past three months, representing over a 30% drop in active listings!
Compared to April of 2011, when there were 560 active listings, 195 pending sales and 55 closed sales, the 34997 area code for Stuart, Florida continues to show great improvement with considerably improved numbers, even with less inventory available.

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Stuart Florida Market Report ZIP Code 34997 – Residential, April 2012

Stuart Florida Market Report ZIP Code 34996 – Residential, April 2012

Stuart Florida Market Report ZIP Code 34996 – Residential, April 2012

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for April 2012

For April 2011 in the 34996 Zip Code area of Stuart, Florida :

There are currently 165 active listings (Unchanged from March).

47 Residential sales are pending and awaiting close or lender approval (Up 11 from March).

8 Homes Sold in April (Down 14 from March).

The 34996 zip code area of Stuart Florida showed weak sales activity in April as compared to March. Pending sales, however, were up sharply and should reflect an increased number of closed sales in the near future while the inventory remained unchanged in a continued positive trend for this section of the residential single family market in Stuart, Florida.

Comparing the numbers to April of 2011, there were 189 active listings, 27 pending sales and 11 closed sales. This April’s activity is considerably better than last year with the exception of a drop in closed sales.  There appears to be a good future trend for the 34996 section of the Stuart, Florida real estate market.

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Stuart Florida Market Report ZIP Code 34996 – Residential, April 2012

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, March 2012

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, March 2012

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for March 2012

For March 2012 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
(Due to technical difficulties the February Market Snapshot data was unavailable)

There are currently 68 active listings. (Unchanged from February)

26 Condo sales are pending and awaiting close or lender approval. (Up 5 condos from February)

8 Condo Sold (An increase of 6 condos from February)

The Jensen Beach Condo market (zip code 34957) for Martin County is a fairly small segment of the market.  It maintains a good active market however with a low inventory that was unchanged from February and fairly good pending data.  Closed sales were up by a good amount last month. 

Last March there were 63 active listings, 21 pending sales and 7 closed sales. Basically unchanged over the year.

 

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Jensen Beach Florida Market Report ZIP Code 34957 – Condo, March 2012

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, March 2012

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, March 2012

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for March 2012

For March 2012 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 124 active listings. (Down 31 homes from last month)

102 Residential sales are pending and awaiting close or lender approval. (Up 11 homes from February)

36 Homes Sold (Down 7 from February)

Wow! The Jensen Beach real estate market (ZIP Code 34957)  had a smoking March and shows good potential for future sales.   Sales were up by 20 homes, pending sales jumped to over 100 with the inventory down to only 155 homes.  Very strong results.

The March 2011 numbers were 181 active listings, 80 pending sales and 20 closed sales.  We have considerably better numbers this year with a reduced inventory of available homes.  Very positive results.

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Jensen Beach Florida Market Report ZIP Code 34957 – Residential, March 2012

Palm City Florida Market Report ZIP Code 34990 – Condo, March 2012

Palm City Florida Market Report ZIP Code 34990 – Condo, March 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for March 2012

For March 2012 in the 34990 Zip Code area of Palm City, Florida :

There are currently 66 active condo listings. (Down 5 from February)

2 Condo sales are pending and awaiting close or lender approval. (Up 1 from last month)

3 Condos Sold in March. (Down 2 from February)

The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single-family homes or townhomes.   Most of the condos in Palm City are not as attractive to Martin County’s seasonal buyers and tend to be more attractive to a greater number of year-round residents.  This segment of the market currently is treading water with small changes in all categories.

Last year’s numbers for the Palm City (34990 zip code area) Condo market were 65 active listings, 7 pending sales and 5 closed sales.

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Palm City Florida Market Report ZIP Code 34990 – Condo, March 2012

Palm City Florida Market Report ZIP Code 34990 – Residential, March 2012

Palm City Florida Market Report ZIP Code 34990 – Residential, March 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for March 2012

For March 2012 in the 34990 Zip Code area of Palm City Florida :

There are currently 476 active listings (A decrease of 6 homes from February)

202 Residential sales are pending and awaiting close or lender approval. (An increase of 26 homes from last month)

47 Homes Sold in March (Increased 17 homes from February)

For the Palm City, zip code 34990, area of Martin County Florida, the strong February continued into March with a small decrease in closed sales, but still strong with 47 homes having closed.  A large jump in homes under contract to over 200 and a modest decrease in inventory.  Very strong results!

Comparing these numbers to March of 2011, when there were 555 active listings, 145 pending sales and 59 homes sold, a slightly lower number of sales and a significantly higher number of pending sales which should translate to higher closed numbers in the near future.  Inventory remains about 15% lower than last year.

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Palm City Florida Market Report ZIP Code 34990 – Residential, March 2012

Stuart Florida Market Report ZIP Code 34996 – Residential, March 2012

Stuart Florida Market Report ZIP Code 34996 – Residential, March 2012

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for March 2012

For March 2011 in the 34996 Zip Code area of Stuart, Florida :

There are currently 165 active listings (Down 18 from February).

36 Residential sales are pending and awaiting close or lender approval (Up 1 from February).

22 Homes Sold in March (Up 14 from February).

The 34996 zip code area of Stuart Florida showed very strong sales activity in March.  Pending sales also remained steady and the inventory declined further in a continued positive trend for this section of the residential single family market in Stuart, Florida.  The current absorption rate is under 8 months and is only a small number away from a balanced market.  When factoring in the distressed sales, this is an impressive result for March.

Comparing the numbers to March of 2011, there were 201 active listings, 31 pending sales and 8 closed sales.  This March’s activity is considerably better than last year, especially when one considers that there were almost 25% fewer homes available for sale on the market.  Impressive results!

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Stuart Florida Market Report ZIP Code 34996 – Residential, March 2012

Coming Soon: Custom Willoughby Golf Club Pool Home with Lake Views in Stuart, Florida

Coming Soon:  Custom Willoughby Golf Club Pool Home with Lake Views in Stuart, Florida 

4585 SE Waterford Drive in the Willoughby Golf Club, Stuart, Florida

Enjoy living in this custom-built 3 possible 4 bedroom 4 bath home loaded with top of the line upgrades in prestigious Willoughby Golf Club. Arthur Lee designed golf course. The kitchen is equipped with top-of-the-line appliances including dual temperature-controlled wine cooler, a gas cooktop, custom cabinets featuring pull-out corner cabinets, a spice tray, a pantry drawer, granite countertops, and sliding pocket doors that open up the lanai. The patio area of this home overlooks a scenic lake and features a heated pool/spa, a fully equipped summer kitchen with a covered bar, great for entertaining. The family room has a built-in entertainment center with Bose Surround Sound. The living room has a wet bar and gas fireplace. This home also has generator and accordion shutters.

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Coming Soon:  Custom Willoughby Golf Club Pool Home with Lake Views in Stuart, Florida 

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, February 2012

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, February 2012

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for February 2012

For February 2012 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
(Due to technical difficulties the January Market Snapshot data was unavailable)

There are currently 68 active listings. (Down 2 from January)

21 Condo sales are pending and awaiting close or lender approval. (Up 5 condos from January)

2 Condo Sold (A decrease of 5 condos from January)

The Jensen Beach Condo market (zip code 34957) for Martin County is a fairly small segment of the market.  It maintains a good active market however with a low inventory and fairly good pending data.  Closed sales were down last month, but should be improving for the remainder of the season.  Last February there were 59 active listings, 21 pending sales and 5 closed sales. Basically unchanged over the year.

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Jensen Beach Florida Market Report ZIP Code 34957 – Condo, February 2012

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, February 2012

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, February 2012

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for February 2012

For February 2012 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 155 active listings. (Down 140 homes from last month)

91 Residential sales are pending and awaiting close or lender approval. (Down 5 homes from January)

16 Homes Sold (Down 7 from January)

The Jensen Beach real estate market (ZIP Code 34957)  had a strong February and shows good potential for future sales.  I have changed the way I collect data for this zip code and am using homes only in Martin County with the 34957 zip code and excluding the saint Lucie County homes.  So, past comparisons for the next few months will be skewed as I have no way to go back and extrapolate the data from past market snapshots.

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Jensen Beach Florida Market Report ZIP Code 34957 – Residential, February 2012

Palm City Florida Market Report ZIP Code 34990 – Condo, February 2012

Palm City Florida Market Report ZIP Code 34990 – Condo, February 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for February 2012

For February 2012 in the 34990 Zip Code area of Palm City, Florida :

There are currently 71 active condo listings. (Up 3 from January)

1 Condo sales are pending and awaiting close or lender approval. (Down 5 from last month)

5 Condos Sold in February. (Up 2 from January)

The 34990 zip code area of the Palm City condo market is a fairly small section of this area as most property in Palm City is either single-family homes or townhomes. With only 71 currently active listings, it is not a very large market. Last year at this time there were 71 active listings, 9 pending sales, and 3 closed sales as compared to this year’s 1 and 5 respectively. The condo market remains significantly more sluggish compared to the single-family residential market. We are seeing a new normal being established for this smaller segment of the Martin County real estate market.

Search here for Palm City Florida Real Estate for Sale ( Condos)

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Palm City Florida Market Report ZIP Code 34990 – Condo, February 2012

Palm City Florida Market Report ZIP Code 34990 – Residential, February 2012

Palm City Florida Market Report ZIP Code 34990 – Residential, February 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for February 2012

For February 2012 in the 34990 Zip Code area of Palm City Florida :

There are currently 482 active listings (Increase of 8 homes from January)

176 Residential sales are pending and awaiting close or lender approval. (An increae of 15 homes from last month)

49 Homes Sold in February (Increased 17 homes from January)

For the Palm City, zip code 34990, area of Martin County Florida, another positive month in terms of closed sales and future pending sales.  Inventory crept up by a small number, but sales activity remains strong in Palm City residential real estate. Comparing these numbers to February of 2011, when there were 570 active listings, 144 pending sales and 46 homes sold, very similar numbers with a significantly smaller inventory.

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Palm City Florida Real Estate presented by:
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Palm City Florida Market Report ZIP Code 34990 – Residential, February 2012

Stuart Florida Market Report ZIP Code 34996 – Residential, February 2012

Stuart Florida Market Report ZIP Code 34996 – Residential, February 2012

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for February 2012

For February 2011 in the 34996 Zip Code area of Stuart, Florida :

There are currently 183 active listings (Down 7 from January).

35 Residential sales are pending and awaiting close or lender approval (Up 7 from January).

8 Homes Sold in February (Up 2 from January).

The 34996 zip code area of Stuart Florida and the majority of Treasure Coast areas had a strong February market with all tracked categories moving in the right direction.

Comparing the numbers to February of 2011, there were 206 active listings, 30 pending sales and 7 closed sales.  With the inventory continuing to decline, sales levels and pending sales levels remain at or above last year’s levels.  Those properties that are attractive and priced well continue to sell, and often quite fast.

Search here for Stuart Florida Real Estate for Sale

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Our market reports are here!

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Stuart Florida Market Report ZIP Code 34996 – Residential, February 2012

Palm Cove Golf and Yacht Club Pool Home Now Available

Palm Cove Golf and Yacht Club Pool Home Now Available

210 SW Hatteras Court

When only the best will do, a beautiful home in Palm Cove has it all.

Expansive 3400 sq ft floor plan. 3 bedrooms, 3 full baths. Private office. Gorgeous marble floors. Upgraded cabinets, granite countertops, and stainless appliances in the gourmet kitchen. Butlers pantry w/wine refrigerator. Large family room with expansive windows and golf course view.  Luxurious master suite with sitting area, two oversized walk-in closets, and plantation shutters. The Master bath has dual sinks, granite counts, a tub, a shower, and a linen closet. Entertaining is a breeze on the expansive lanai area with a summer kitchen and an expanded heated pool. Screened porch to catch the river breeze. Three-car garage. Community marina, (slips available), riverfront clubhouse, non-equity golf course

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Palm City Florida Real Estate
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Palm Cove Golf and Yacht Club Pool Home Now Available

Westwood Country Estates in Palm City

Westwood Country Estates in Palm City

Westwood Country Estates is a wide open, gorgeous community that features statuesque homes that are beautifully placed on oversized lots of ½ acre or more, which will give you and your family plenty of room to grow!  Wonderfully landscaped throughout, Westwood Country Estates will make you feel proud to come home.  Every home is unique and there is sure to be one you will fall in love with!

Palm City is a great place to raise a family with its “A” rated schools and proximity to I-95 and Florida’s Turnpike which opens you to all the opportunities of both Martin County and its neighbors, just a short drive North or South!  Martin County has lots of recreational areas and opportunities to enjoy many opportunities outdoors with your family!

Westwood Country Estates Homes for Sale

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River Landing Open House in Palm City

River Landing Open House in Palm City

 

Please join us for this River Landing Open House in Palm City on Dec 4’th from 1 to 4 p.m.  The address is 5572 SW Landing Creek Dr. in Palm City, Florida


An immaculate 4 BR plus Office, Den or a 5’th bedroom home in Palm City’s River Landing. A gated community which boasts a community boat ramp, fishing pier and day dock with boat and RV storage (check availability), playground and tennis courts. This home is like new with spacious master suite, open plan with family, living and dining areas and an updated chef’s kitchen with granite counters and stainless appliances. Spacious two car garage with built in shelves and ample storage. The gas heated pool and spa overlooks the Four Rivers area with peaks at an ocean access canal. Large covered lanai invites the fabulous outdoor Florida lifestyle that makes living here a perpetual vacation. Make this your dream home yours, ready for quick occupancy.

River Landing in Palm City is a picturesque gated community that takes you closer to nature, right in your backyard. The neighborhood is comprised of 120 custom built homes that is nestled intimately with wooded areas of conservation preserves along with gorgeous views of wetlands and lakes.

This one of a kind gated community offers child and pet-friendly quiet streets and has an ocean access boat ramp as well as RV/Trailer/Boat storage facility, tennis courts, and playground.
River Landing River Access

Living in River Landing is like being on vacation year round with its quick access to the St. Lucie River for a great day of fishing on your boat. The homes in River Landing are mostly new with some older updated homes, and mostly spacious with ample space to give you the privacy you want. Palm City is a wonderful town to live in because of its closeness to I-95 and ’s Turnpike as well as its “A” rated school system, entertainment, and fantastic local restaurants!

River Landing in palm City Florida Playground

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River Landing Homes for Sale in Palm City Florida

River Landing Homes in Palm City Real Estate

 

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River Landing Open House in Palm City

How to Sell Your Florida Home Quickly

How to Sell Your Florida Home Quickly

If you want to sell your Florida home and move on to a new one quickly, here’s how to get your goal accomplished:

First, make the outside of your home attractive. Drive-by prospects are more likely to be interested in winter if the lawn is cut and there are no toys or miscellaneous objects in the yard. Flowers near the entry are a plus. If one or more rooms are a loud or unusual color, repaint them in beige or a more neutral color.  Remove wallpaper. Stage the inside of the home. Buyers decide whether they are interested in a home within 30 seconds after opening the front door. Rent a storage building and put your extra furniture into it. Make the home look more spacious by removing ALL unnecessary furnishings and personal items. Send the extras to storage or to a charitable organization. Organize closets and drawers. Prospects will open them and look inside.Depersonalize the house. Leave no personal objects in view on bathroom counters. Remove family photos from bookshelves and walls so prospects can visualize themselves in the home.

Make sure that your realtor takes quality photos, or have them hire a photographer to take photos of the interior, exterior and special features. Quality photos get the buyers’ interest and will result in them coming to look at your home.

Have a For Sale sign in the yard. Many homes are sold to friends and family of people driving in the neighborhood and noticing an attractive home for sale.

Price the home correctly. You might think it’s worth $250,000, but if comparable homes are selling for $175,000, buyers will go elsewhere. Your Realtor will help you set a competitive price.

Have a flyer copied for distribution to interested parties. It should tell the home’s square footage, have an exterior photo, one or more interior photos, a listing of the home’s special features, the locations of parks and schools, and information about property taxes and utility costs.

When a showing is scheduled, first make sure the house is clean. Some home stagers say the home should appeal to all five senses:

Sight: Open the blinds and drapes to let in natural light. Keep your pet out of the home.

Smell: Put out flowers and candles in the main rooms and a colorful bowl of fruit on the dining table.

Taste: A hot pot of coffee helps with taste and aroma.

Hearing. Turn off the sound on all television sets and computers. Have background music playing softly.

Touch. Ask your agent to have the guests sit on the softest couch.

Space. Unless absolutely necessary, do not be present at showings.  Buyers are much more comfortable speaking among themselves and with their Realtor if they are not worried about offending the owner or the owner’s Realtor.

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

 

Selling Your Home? Dollars vs. Days

Once you’ve decided to sell your home, the second step is usually setting your asking price. You should strive for a balance between generating offers and receiving top dollar.

Your chosen real estate advisor should perform a Competitive Market Analysis (CMA) to produce an estimate of your home’s “fair market value,” or that price that educated buyers will pay based on listings and sales of homes similar to yours. The agent will not establish the price, but only provide the information you need to make that decision yourself.

In a hot market, you have the advantage, but would still want to avoid overpricing, which is always unproductive. However, in a neutral or buyers market, you’ll have to be particularly cautious in your approach to setting a price.

In soft markets, price reductions become more common, as well as fewer offers and longer listing periods. Often in slower markets, establishing too high of a listing price will result in a much lower sales price as values decline and you may find yourself chasing a declining market. During your listing period, your agent should also keep you advised on any market activity near your home and in the immediate communities. Be prepared to make the necessary adjustments as changing market conditions dictate.

Have a third party, like your agent, help you see your home as a commodity, with positive and negative selling points. Price your home objectively and competitively, be prepared to negotiate to reach an agreement with buyers, and exercise patience as you prepare your move.

the Gabe Sanders real estate team

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