Stuart FL 34997 Condo Market Report January 2019

02.18.19 by

Stuart FL 34997 Condo Market Report January 2019

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for January 2019

For January 2019 in the 34997 Zip Code area of Stuart, Florida:

There are currently 60 active condo listings (Up by 11 condos from December).

Stuart FL 34997 Condo Market Report January 2019

19 Condo sales are pending and awaiting close (Up by 11 condos from December).

Stuart FL 34997 Condo Market Report January 2019

5 Condos Sold in January (Down by 14 condos from December).

Stuart FL 34997 Condo Market Report January 2019

      The Stuart FL condo market for zip code 34997 had a needed increase in inventory but sales dropped off significantly Pending sales improved which should help closed sales in the coming months.

     The absorption rate rose to 12 months in January compared to 2.6 months for December.  Transitioning into a buyer’s market for the first time in some time in the 34997 zip code of Stuart FL.  A 6 to 7-month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The January 2017 numbers were: 56 active listings, 35 pending sales, and 8 closed sales.  Better activity in the 34997 zip code section of Stuart condos last year.

Stuart FL 34997 Condo Market Report January 2019

Stuart Florida Real Estate presented by:
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Stuart FL 34997 Condo Market Report January 2019

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Mariner Sands February 2019 Market Report

02.17.19 by

Mariner Sands February 2019 Market Report

For late February 2019, there are 57 properties for sale in Mariner Sands.  These 57 properties include a mix of condos and homes.  The list prices range from $124,500 up to $999,900.  This is an average list price of $429,756 which works out to $162.44 per sq. ft. of living area.

There are 6 homes under contract (pending) which have not completed the sales process to date.  List prices were from $245,000 up to $619,000.  This works out to an average of $386,817 or $158.54 per sq. ft. of living area.  These homes averaged 25 days on market prior to going under contract.

In the past 12 months, 50 homes and condos have sold.  Sales prices ranged from $110,000 up to $840,000.  This equals an average sales price of $383,800 which is $143.31 per sq. ft. of living area.  These homes averaged 105 days on the market before going under contract and sold on average at 92% of the last listed price.

About the Mariner Sands Golf & Country Club:

Mariner Sands Golf & Country Club

One of our premier golf course communities located on 728 pristine acres with magnificent landscaping featuring idyllic lakes and water views as well as natural wooded buffers.   There are 771 residences in Mariner Sands with exclusive use of two championship golf courses.  Designed by famed course architects Tom Fazio and Frank Duane.  In addition to 36 holes of magnificent golf,

Mariner Sands Golf & Country Club

Mariner Sands also features a championship Tennis facility with 9 Har-Tru courts and pro shop.  Yearly clinics, as well as tournaments, keep the Tennis players busy.  Members have access to the adjacent large swimming pool and pool bar.

Mariner Sands Golf & Country Club

There’s also a The 2,100 sq. ft. Fitness Center is available for use by all Mariner Sands members.  It contains state-of-the-art equipment for cardiovascular development, strength and toning procedures for all muscle groups and flexibility improvement. Two on-site licensed personal trainers are available to assist members in developing specific individual programs.

Mariner Sands Golf & Country Club

For pet lovers, Mariner Sands boasts it’s own ‘doggie park’ for use by all residents.

Mariner Sands is one of the few golf communities in Florida that has its own chapel. It has multi-denominational worship services and is host to art classes, a library, and various cultural events.  The chapel also facilitates some of the many charitable events and volunteer opportunities for the community.  A Memorial Garden is available for interment to all Mariner Sands residents and their families.

Golf in Mariner Sands Golf Club in Stuart Florida

Monthly HOA fees vary greatly depending on the home’s location and for condos.  Golf membership is not mandatory but social membership is and is included in the monthly HOA (Home Owners’ Association) or COA (Condo Owners’ Association) dues.  These social fees are $2080.00 per quarter.  Currently (as of October 2016) there’s a one-time non-refundable capital contribution of $20,000 for anyone purchasing a Mariner Sands residence.

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Mariner Sands February 2019 Market Report

Stuart FL 34997 Residential Market Report January 2019

02.15.19 by

Stuart FL 34997 Residential Market Report January 2019

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for January 2019

For January 2019 in the 34997 Zip Code area of Stuart, Florida:

There are currently 348 active listings (Increased by 7 homes from December).

Stuart FL 34997 Residential Market Report January 2019 

158 Residential sales are pending and awaiting close or lender approval (Up by 65 homes from December).

 Stuart FL 34997 Residential Market Report January 2019

52 Homes Sold in January (Decreased by 18 homes from December)

Stuart FL 34997 Residential Market Report January 2019

      The Stuart Florida Residential Market for ZIP Code 34997 had a sizeable drop in closed sales for the first month of the year.  I think this is only temporary as we had an impressive jump in pending sales.  This should show up with increased closed sales in the next couple of months.
     The absorption rate rose to 6.7 months (was 4.9 months for December).  Now, a balanced market for the 34997 zip code area of Stuart for January 2019.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2017 numbers for January, were: 292 active listings, 144 pending listings, and 58 closed sales.  Slightly better closed sales activity last year on a reduced inventory.  There is a better number of pending sales this year.
Stuart FL 34997 Residential Market Report January 2019

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Stuart FL 34997 Residential Market Report January 2019

Mariner Village February 2019 Real Estate Market Report

02.15.19 by

Mariner Village February 2019 Market Report

For February 2019, there are 4 homes for sale in the Mariner Village gated community of Stuart FL.  Listing prices range from $290,000 up to $339,900.  This is an average list price of $314,950 which equals $181.45 per sq. ft. of living area.

There is one home under contract.  This home had a list price of $299,999 which is $154.88 per sq. ft. of living area.  It was on the market for 5 days prior to going under contract.

In the past 12 months, 20 homes have sold in Mariner Village.  Sales prices ranged from a low of $210,000 up to a high of $388,500.  This works out to an average sales price of $302,995 which works out to $162.03 per sq. ft. of living area.  These homes sold for an average of 97% of the last list price and were active on the market for an average of 33 days prior to going under contract.

About Mariner Village:

Mariner Village sign

Mariner Village is a gated community in the very southern section of Stuart FL, adjacent to the Hobe Sound area of Martin County.  This community consists of 330 homes that were built between 1992 and 2000.  Home sizes range from 2 bedrooms, 2 bath homes with around 1,600 sq. ft. of living area up to 5 bedrooms, 4 bathroom homes with just under 3,000 sq. ft. of living area.

entrance to Mariner Village

Many homes have private preserve views and there are a number of homes with lake views.  All Mariner Village homes have 2 car garages and some have private in-ground swimming pools.

Community Pool in Mariner Village

Community amenities include a heated pool, 2 tennis courts, and 2 basketball courts as well as a nature trail through the preserves.

tennis courts in Mariner Village

The monthly $200.00 HOA fee includes front lawn maintenance, basic Cable TV, trash pickup and maintenance of all the common areas. 2 large pets are permitted as well as rentals with some restrictions.

Mariner Village in Stuart FL

Mariner Village is conveniently located close to shopping, restaurants, beaches, medical facilities and belong to Martin County’s ‘A’ rated school system

Mariner Village February 2019 Real Estate Market Report

Stuart FL 34996 Condo Market Report January 2019

02.14.19 by

Stuart FL 34996 Condo Market Report January 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for January 2019

For January 2019 in the 34996 Zip Code area of Stuart, Florida :

There are currently 122 active condo listings (Down by 2 condos from last month).

Stuart FL 34996 Condo Market Report January 2019

38 Condo sales are pending and awaiting close or lender approval (Up by 12 condos from December).

Stuart FL 34996 Condo Market Report January 2019

17 Condos Sold in January (Down by 10 condos from December) 

Stuart FL 34996 Condo Market Report January 2019

The Stuart FL 34996 Condo Market of Stuart is one of the few areas in Martin County with lower inventory as compared to last year.  Closed sales were unchanged and pending sales increased for January.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dipped to 7.2 months from December’s 4.6 months. Transitioning back into a slight buyer’s market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for January 2018 were: 140 active listings, 52 pending sales, and 17 closed sales.  Identical closed sales with slightly less pending sales this year on lower inventory.  This condo market is bucking the trend from the rest of Martin County.

Stuart FL 34996 Condo Market Report January 2019

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Stuart FL 34996 Condo Market Report January 2019

Indian Pines February 2019 Market Report

02.14.19 by

Indian Pines February 2019 Market Report

There are no condos available for purchase in Indian Pines in Stuart FL at this time.

There are also no condos currently under contract.

In the past 12 months, 9 condos have sold in Indian Pines.  Sales prices ranged from a low of $114,000 up to a high of $160,000 for an average sales price of $136,611 which works out to $114.11 per square foot of living area.  These condos averaged 51 days on the market prior to going under contract and sold for an average of 94% of list price.

About Indian Pines Condos in Stuart FL:

Indian Pines Condos in Stuart FL

Centrally located in Stuart off of Indian Street on Aster Lane lies the Indian Pines condominiums.  This complex consists of 20 buildings in two ovals surrounding two lakes.  This unique arrangement gives every condo in this complex water views.

Indian Pines Condos in Stuart FL Indian Pines Condos in Stuart FL

Built from 1981 through 1986, Indian Pines are two-story buildings with mostly 2 bedrooms, 2 bathrooms condos, though there are a few 3 bedroom and 1 bedroom units as well.  The 3 bedroom condos have 1,542 sq. ft. of living area, 2 bedroom units vary from 1,251 down to 1,019 sq. ft., while the 1 bedroom condos have 1,011 sq. ft.

There’s a heated pool, clubhouse, and two tennis courts as well as ample parking with some buildings offering covered carports.

Indian Pines Condos in Stuart FL Indian Pines Condos in Stuart FL

The condo association fees range from $325.00 a month up to $400.00 depending on the building as each one has its own condo association.  These fees may vary as different buildings have different reserve setups and management and cover water and sewer, common areas, building insurance and maintenance, basic cable TV, landscaping and lawn service, trash pickup and reserve funds.

Indian Pines Condos in Stuart FL Indian Pines Condos in Stuart FL

All ages are welcome.  Rentals are allowed in Indian Pines with some restrictions. And, this is one of the few condos in the area that allows up to 2 large pets per owner.  Children who live in Indian Pines are zoned to attend J. D. Parker Elementary School, the Dr. David L. Anderson Middle School, and the Martin County High School.

Indian Pines Condos in Stuart FL

Indian Pines is very conveniently located close to shopping, restaurants and medical facilities.  Only a few more minutes to either the beaches or boat ramps of Martin County or to I-95 for those needing to take a trip either north or south.

Check here for any Indian Pines condos that are currently available for sale


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Indian Pines February 2019 Market Report

Stuart FL 34996 Residential Market Report January 2019

02.13.19 by

Stuart FL 34996 Residential Market Report January 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for January 2019

For January 2019 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 174 active listings (Increased by 7 homes from October).

Stuart FL 34996 Residential Market Report January 2019

43 Residential sales are pending and awaiting close (Up by 20 homes from October).

Stuart FL 34996 Residential Market Report January 2019

10 Homes Sold in January (Down by 5 homes from October).

Stuart FL 34996 Residential Market Report January 2019

The 34996 zip code area of the Stuart Florida had an increase in both inventory and pending sales but closed sales were lower than last month.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for January rose to 17.4 months as compared to October’s 11.1 months.  Now a stronger buyer’s market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for January 2018 were: 146 active listings, 37 pending sales, and 15 closed sales.  Better activity last year, especially when factoring in the greater inventory this year.

Stuart FL 34996 Residential Market Report January 2019

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Stuart FL 34996 Residential Market Report January 2019

Stuart FL 34994 Condo Market Report January 2019

02.12.19 by

Stuart FL 34994 Condo Market Report January 2019 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for January 2019

For January 2019 in the 34994 Zip Code area of Stuart, Florida :

There are currently 114 active condo listings (Up by 14 condos from December).

Stuart FL 34994 Condo Market Report January 2019  

50 Condo sales are pending and awaiting close or lender approval. (Increased by 6 condos from last month) 

Stuart FL 34994 Condo Market Report January 2019

17 Condos Sold in December (Unchanged from December).

Stuart FL 34994 Condo Market Report January 2019

The Stuart FL 34994 Condo market had an small increase in inventory and pending sales while sales remained unchanged.

The absorption rate for December dropped to 6.7 months compared to last month’s 5.9 months.  Back into a balanced market after one month of a seller’s market for this condo segment of Stuart’s 34994 zip code area.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last January the numbers were 113 active listings, 51 pending sales, and 19 closed sales.  Very similar activity when compared to last January.

Stuart FL 34994 Condo Market Report January 2019

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Stuart, FL Real Estate

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Stuart FL 34994 Condo Market Report January 2019 

 

Inlet Village February 2019 Condo Real Estate Market Report

02.12.19 by

Inlet Village February 2019 Condo Real Estate Market Report

There are three condos for sale in the Inlet Village Condominiums of Indian River Plantation on Hutchinson Island in Stuart FL for February 2019.  List prices range from $199,000 up to $375,000.  This is an average list price of $246,633 which is $237.38 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 11 condos have sold in Inlet Village.  Sales prices ranged from $180,000 up to $405,000.  This works out to an average sales price of $248,986 which equals $231.93 per sq. ft. of living area.  These condos sold for an average of 95% of list price and were on the market for an average of 122 days prior to going under contract.

About Inlet Village Condos on Hutchinson Island in Stuart FL:

Inlet Village is located near the South end of Hutchinson Island in Stuart, Florida.  Just 40 minutes North of Palm Beach International Airport. Inlet Village consists of three 4 story buildings.  Two of which overlook the wide Indian River (Intracoastal Waterway) and the other with sweeping views of lakes and the Indian River Plantation golf course.

Inland Village condos in Indian River Plantation

Within easy walking distance to the Indian River Plantation Marriott Resort where you can enjoy guest privileges such as golf, tennis, water sports, spa, fitness center, hotel dining and the delightful sandy beaches of the Atlantic Ocean! At the beach, there is a tiki bar/restaurant where you can enjoy tropical drinks and/or have an enjoyable lunch.

Inlet Village in Indian River Plantation

Inlet Village is one of the few pet-friendly condo associations that allow up to two large pets per condo.  Liberal rental rules will also allow rentals as short as one month.  The Condo fees are $500 a month and cover the common areas as well as building insurance and outside maintenance as well as water and sewer.

Inland Village condos in Indian River Plantation

Search for Inlet Village Condos for Sale

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

Inlet Village February 2019 Condo Real Estate Market Report

Stuart Florida 34994 Residential Market Report January 2019

02.11.19 by

Stuart Florida 34994 Residential Market Report January 2019

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for January 2019

For December 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 91 active listings (Up by 15 homes from December)

Stuart Florida 34994 Residential Market Report January 2019

26 Residential sales are pending and awaiting close or lender approval (Increased by 9 homes from last month).

Stuart Florida 34994 Residential Market Report January 2019

8 Homes Sold in May (Decreased by 5 homes from December)

Stuart Florida 34994 Residential Market Report January 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had an increase in both inventory and pending sales.  Unfortunately, closed sales were off for the month.

The one-month absorption rate for the 34994 zip code for December jumped up to 11.8 months from 5.8 months for December.  Returning to a buyer’s market for the 34994 zip code area of Stuart, FL after one month in a seller’s market.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The January 2018 numbers were 86 Active Listings, 38 pending sales, and 11 closed sales.  Better activity last year.

Stuart Florida 34994 Residential Market Report January 2019

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Stuart Florida 34994 Residential Real Estate Market Report January 2019

Gull Harbor February 2019 Market Report

02.10.19 by

Gull Harbor February 2019 Market Report

There is 1 home currently for sale in Gull Harbor in Palm City FL.  The list price is $1,398,000 or $474.54 per sq. ft. of living area.

There are no homes under contract at this time.

In the past 12 months, there have been 3 sales in Gull Harbor.  Sales prices ranged from $385,000 up to $1,275,000.  This works out to an average sales price of $745,000 which equals $313.18 per sq. ft. of living area.  These sales prices averaged 95% of list price and were on the market for an average of 40 days before going under contract.

About Gull Harbor Real Estate in Palm City FL

Gull Harbor Real Estate in Palm City FL

The Gull Harbor community of Palm City consists of mostly waterfront homes on the shores of the South Fork of the Saint Lucie River as well as an exceptionally wide and deep canal off the river.  This is a non-gated neighborhood with 43 homes and no HOA or deed restrictions.  Of these 43 homes, only 4 do not have access to a dock in their backyards.

Gull Harbor real estate in Palm City FL

The first home built in Gull Harbor was in 1961 and the last was completed in 2014.  There is one residential lot left in Gull Harbor that has not been built upon.  Homes range in size from as small as just over 1,300 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to a 5 bedroom, 3 bathroom home with just under 5,000 sq. ft. of space for living area.

Gull Harbor real estate in Palm City FL

Children attend Bessey Creek Elementary, Hidden Oak Middle and Martin County High Schools.  All of which are considered to be excellent schools in Florida.

Gull Harbor real estate in Palm City FL

Gull Harbor lies just east of Mapp Rd (North of Martin Downs Blvd), see the map below.  Very convenient location with easy access to downtown Stuart, FL or Florida’s Turnpike for commuters and with many choices for shopping, entertainment and other amenities close by.

Click on this link to search for available Gull Harbor Homes for Sale

Four Winds on the River Condo February 2019 Market Report

02.09.19 by

Four Winds on the River Condo February 2019 Market Report

There is 1 condo currently available for sale in Four Winds on the River in Stuart FL.  It is listed for $229,740 or $170.18 per sq. ft. of living area.

There are no condos under contract and awaiting sale.

In the past 12 months, 2 condos have sold in Four Winds.  These condos sold for $23,000 and $346,500.  This works out to an average sales price of $289,750 which works out to $180.24 per sq. ft. of living area.  These condos sold for an average of 99% of the list price and were on the market for an average of only 18 days before going under contract.

About Four Winds on the River in Stuart FL:

Four Winds on the River Condo in Stuart FL

A wonderful small condo community on the shores of the wide Saint Lucie River in Stuart, FL.   The Four Winds on the River condo complex was built in 1981.   There has been some major updates and upgrades in recent years.  Only 39 units with the availability of two guest suites if needed by residents.  All of these condos are 2 BR with the exception of 1 one bedroom unit.  Sizes are very generous from 1,900 to 1,350 sq. ft. of living area.

Four Winds on the River in Stuart FL

Four Winds on the River real estate Four Winds on the River real estate

There are ocean access docks suitable for up to a 50′ vessel available for lease.  A large riverfront clubhouse with kitchen and ample common areas for events, get-togethers or large parties.  Two tennis courts and a heated swimming pool.  Four Winds on the River has covered carports for each condo along with ample guest parking.  Four Winds on the River is a gated community and the common areas are shared with the small and exclusive community of Snug Harbor West.

Four Winds on the River real estate Four Winds on the River real estate

The location is exceptional as it is only minutes to the beaches, shopping, medical facilities and downtown Stuart.

Four Winds on the River real estate Four Winds on the River real estate

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Four Winds on the River Condo February 2019 Market Report

Sewalls Point Single Family Market Report January 2019

02.08.19 by

Sewalls Point Single Family Market Report January 2019

Sewalls Point Real Estate Snapshot, Residential Sales for January 2019

There are currently 76 active listings (Up by 7 home from last month)

Sewalls Point Single Family Market Report January 2019

17 home sales are pending and awaiting close or lender approval (Up by 8 homes from December)

Sewalls Point Single Family Market Report January 2019

5 Homes sold in December (Unchanged from December)

Sewalls Point Single Family Market Report January 2019

The single-family real estate market in Sewalls Point had a large increase in inventory and with pending sales.  Hopefully, this will translate to more closed sales in the near future.

The absorption rate rose to 15.2 months, in December it was 13.4 months.  Still a buyers market for Sewalls Point but trending in the right direction.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to December 2018, the inventory was 50 homes on the market, 10 pending sales and there were 6 closed sales.  Considerably greater inventory this year with fewer sales, but better-pending activity.

Sewalls Point Single Family Market Report January 2019

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Sewalls Point Single Family Market Report January 2019

 

Anglers Cove Condos February 2019 Market Report

02.08.19 by

Anglers Cove Condos February 2019 Market Report

There are currently 4 Anglers Cove condos available for sale.  List prices are from $269,900 up to $399,900 for an average list price of $331,175 which equals $215.98 per sq. ft. of living area.

There are no condos under contract at this time in Anglers Cove.

In the past 12 months, there have been 4 sales.  Sales prices ranged from $245,000 up to $295,000 for an average sales price of $270,000 which works out to $241.93 per sq. ft. of living area.  The list to sales prices averaged at 95%.  These condos averaged 38 days on market before going under contract.

(Please consider that some condos in Anglers Cove have deeded docks and some don’t.  This can add to the wide disparity of both listing and sales prices)

About Anglers Cove on Hutchinson Island in Stuart FL:

Anglers Cove Condos on Hutchinson Island in Stuart Florida is a unique complex with 12 buildings and 64 units surrounding a man-made cove with deep water dockage for the boating enthusiast.

Units include spacious two bedroom units as well as a number of larger three bedroom townhome style homes.  Two buildings on the west side of the complex offer spectacular wide river views of the Intracoastal Waterway (Indian River).

Angler Cove on Hutchinson Island in Stuart FL

Most first floor units offer dockage just steps outside the living area.  Some second-floor units have docks available throughout additional spaces in the cove as well as larger docks built out into the Indian River.

Amenities include a full-time on-site manager and maintenance man.  A clubhouse with a large community pool, barbecue areas and some limited boat parking and deeded beach access.

Angler Cove Condos on Hutchinson Island

Very well located just minutes to downtown Stuart  Shopping, restaurants and all other services just a short distance away.  An excellent place to call home or to have a Florida getaway for those cold winters up north!

Angler Cove on Hutchinson Island in Stuart FL

Condo association fees vary from $450 to $560 per month.  The fees include Basic Cable Tv, Landscape/Lawn care, On Site Manager, Reserve Fund, Trash, Water and Sewer.

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Anglers Cove Condos August 2016 Market Update

St Lucie County Townhouses and Condos December 2018 Market Report

02.05.19 by

St Lucie County Townhouses and Condos December 2018 Market Report

The St Lucie County Townhouses and Condos December 2018 Market Report had weaker activity when compared to last year but remains an active market.  Closed sales were down by 22.0% from last year (was down by 11.2% in November) while new pending sales were unchanged for December (were up by 1.1% in November).

Prices were mixed for the month.  The median price increased by 22.4% from last year (was down by 10.3% in November) while the average sales price decreased by 6.9% (was down by 7.7% in November).

The inventory of available townhouses and condos increased by 7 units from last month to 554 units, which is 7.4% greater than December 2017. The current inventory is 5.4 months, which is 5.9% greater than the 5.1 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market though it appears to be drifting towards a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos December 2018 Market Report

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St Lucie County Townhouses and Condos December 2018 Market Report

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

 

St Lucie County Townhouses and Condos December 2018 Market Report

St Lucie County Single Family Homes December 2018 Market Report

02.04.19 by

St Lucie County Single Family Homes December 2018 Market Report

St Lucie County Single Family Homes December 2018 Market Report had weaker sales activity when compared to last year. Closed sales were down by 17.2% (in November they were up by 4.2%) and new sales under contract (new pending sales) decreased by 7.2% (they was down by 12.6% last month).

Prices. though, continued to rise.  The median sales price was up by 5.5% (was up by 1.4% in November).  The average sales price was up by 6.6% (it was down by 0.8% in November).

The number of available home listings decreased by 41 homes to 1,915 homes.  This inventory is 20.8% higher than last year.  The current supply of homes is 4.2 months (it was 3.4 months last year).  The St Lucie County single family home market remains in a sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes December 2018 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes December 2018 Market Report

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

 

St Lucie County Single Family Homes December 2018 Market Report

Harbour Pointe Palm City February 2019 Real Estate Market Report

02.03.19 by

Harbour Pointe Palm City February 2019 Real Estate Market Report

For February 2019 there are 2 homes for sale in Harbour Pointe.  List prices are $354,000 and $489,799 for an average list price of $421,900 or $148.03 per square foot of living area.

There is one Harbour Pointe home currently under contract.  This home was listed for $379,900 which equals $180.65.  This home was on the market for 141 days prior to going under contract.

10 homes have sold in the past 12 months with sales prices from $375,000 up to  $490,000.  The average sales price was $410,850 which works out to $173.64 per square foot of living area.  These homes sold for an average of 97% list price and averaged 67 days on the market before going under contract.

About Harbour Pointe in Palm City FL:

Harbour Pointe in Palm City FL

Harbour Pointe is a gated community of 120 homes in Palm City Florida.  This small and private community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County!  Residents enjoy preserve and lake  views in spacious custom designed homes.

Harbour Pointe Palm City FL

This wonderful residential community is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A’ rated schools of Martin County.  Also close to shopping, restaurants as well as the beaches of Martin County as well as easy access to I-95 and Florida’s Turnpike makes it a commuters dream!

Harbour Pointe Palm City FL

Harbour Pointe Palm City FL

Currently Available Homes and Town Homes in Harbour Pointe

Search the Martin County MLS

For more information about this and other Martin County communities contact:
Gabe Sanders

Palm City Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Harbour Pointe Palm City February 2019 Real Estate Market Report

 

Martin County Townhouses and Condos December 2018 Market Report

02.01.19 by

Martin County Townhouses and Condos December 2018 Market Report

Martin County Townhouses and Condos December 2018 Market Report had a second month of weaker sales activity when compared to last year.  Closed sales for the month were down by 8.8% (were down by 21.2% in November) while new sales under contract (new pending sales) were down by 13.0% from December 2017 (increased by 2.4% in November).

Prices were mixed for December.  The median sales price increased by 9.3% (was up by 2.5% in November) while the average sales price decreased by 5.7% (was up by 2.2% in November) as compared to December of 2017.

The inventory of available townhouses and condos decreased by 2 units to 351 properties as compared to last month.  This is 11.4% less inventory then the December 2017 data.  Currently, there’s a 3.5 month supply of inventory (compared to 4.0 months for December 2017).  Remaining in a strong seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos December 2018 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos December 2018 Market Report

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Townhouses and Condos December 2018 Market Report

Martin Downs Country Club January 2019 Market Report

01.31.19 by

Martin Downs Country Club January 2019 Market Report

For January 2019, there are 21 active listings in the Martin Downs Country Club.  List prices range from $189,900 up to $749,900.  This is an average list price of $403,699 which works out to $153.44 per sq. ft. of living area.

There are 7 homes currently under contract.  List prices range from $259,900 up to $774,740.  This works out to an average list price of $421,077 which equals $167.37 per sq. ft. of living area. These homes averaged 51 days on market before going under contract.

In the past 12 months, 80 properties have sold in the Martin Downs Country Club.  Sales prices ranged from $135,000 up to $675,000.  This equals an average sales price of $295,088 or $141.83 per sq. ft. of living area.  These homes averaged 50 days on market before going under contract and sold for 96% of list price.

Martin Downs Country Club

About the Martin Downs Country Club:

 The Martin Downs Country Club in Palm City is a gated community comprising of a number of different sub-communities all anchored by the two 2 championship 18 hole golf courses.  Very well located just minutes from Florida’s Turnpike and I-95, this community is a dream for the commuter.

Martin Downs Country Club Martin Downs Country Club

Located in Palm City, FL, this is a prime area to reside in, with many recreational areas and boat ramps to enjoy a great day on the water. If you are looking for a gorgeous community that has luxury amenities and is close to everything that Martin County has to offer, your search is sure to end here!

Martin Downs encompasses a wide array of home styles ranging from estate homes to condominiums.  Some of the communities within the Martin Downs Country Club include the Crane Creek Country Club and Crane Creek Racquet Club, Eagle Lake, Egret Pond, Heronwood, Ibis Point, Mallard Creek, Osprey Creek, Quail Meadow, Starling Court and the Clubhouse Court Condos.

HOA fees and pet restrictions vary by community.  For more information on Martin Downs homes and/or condos click on the individual neighborhood links above or feel free to contact us.

Search here for all Martin Downs Real Estate for Sale

Martin Downs Country Club January 2019 Market Report

Florida Townhouses and Condos December 2018 Market Report

01.30.19 by

Florida Townhouses and Condos December 2018 Market Report

The Florida Townhouses and Condos Market Report for December 2018 had weaker sales activity when compared to last December.  Closed sales were down by 11.4% as compared to last month’s increase of 4.9% and new sales under contract (new pending sales) decreased by 12.6% (In November there was a 9.6% decrease).

Prices, however, continue to rise for December though not as much as they were in the earlier months of the year.  Median sales prices were up by 2.8% (was up by 5.1% in November), while the average sales price increased by 0.8% (was up 7.9% in November).

The inventory of active listings increased by 8.0% from December of last year.  We now have 5.7 months of inventory as compared to 5.6 months for December 2017.  We remain in a seller’s market for Florida townhouse and condo sales, though close to a balanced market.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos December 2018 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos December 2018 Market Report

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Townhouses and Condos December 2018 Market Report