800 Place October 2018 Market Report

10.25.18 by

800 Place October 2018 Market Report

For October 2018, there are no condos for sale in 800 Place in Stuart FL. These condos were listed for prices ranging from $77,900 up to $120,000 for an average list price of $99,267 or $104.55 per sq. ft. of living area.

There is 1 condo currently under contract and awaiting completion of a sale.  This condo had a list price of $96,750 or $90.59 per sq. ft. of living area.  This condo was on the market for 33 days before going under contract.

In the past 12 months, 15 800 Place condos have sold.  Sales prices ranged from $70,000 up to $138,000 for an average sales price of $103,093 which equals $108.73 per sq. ft. of living area.  These condos went under contract in an average of 51 days and for 97% of the last list price.

About the 800 Place Condos in Stuart FL:

800 Place in Stuart FL

The village of 800 Place in Stuart FL is conveniently located just North of Stuart’s Roosevelt Bridge on Fork Road.  Easy access to historic downtown Stuart as well as all the convenient areas for shopping and restaurants located off US-1 in North Stuart and Jensen Beach.

800 Place in Stuart FL 800 Place in Stuart FL

800 Place has both 2 Bedroom, 2 Bathroom condos and 1 Bedroom 1 & ½ Bath and 1 Bedroom 1 Bath units.  Interior sizes range from 1,068 sq. ft. down to 723 sq. ft.  All ages are welcome and one pet up to 50 lbs. is permitted.  Each unit has 1 reserved parking space and there are numerous guest spaces for additional vehicles.  Pickup trucks are allowed to be parked overnight in this complex, one of the very few that allow these in Martin County.

800 Place in Stuart FL 800 Place in Stuart FL

Children who live in 800 Place are zoned to attend the Felix Williams Elementary School, Stuart Middle School, and Jensen Beach High School.

Amenities include a clubhouse with a kitchen, meeting facilities, game room and exercise equipment.  A tennis and shuffleboard court and a community pool.  Maintenance fees run from $305 to $400 per month depending on the size of the condo.  These fees include the use of the common area, building insurance, maintenance, cable TV, landscaping, water and sewer, trash pickup and exterior pest control.

800 Place in Stuart FL 800 Place in Stuart FL

For those on a limited budget, the Village of 800 Place may be just the right place.

Currently available 800 Place Condos

800 Place October 2018 Market Report

Palm City FL 34990 Residential Market Report September 2018

10.24.18 by

Palm City FL 34990 Residential Market Report September 2018

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for September 2018

For September 2018 in the 34990 Zip Code area of Palm City Florida :

 There are currently 357 active listings (Decreased by 4 homes from August)

Palm City FL 34990 Residential Market Report September 2018

119 Residential sales are pending and awaiting close or lender approval. (Up by 19 homes from last month)

Palm City FL 34990 Residential Market Report September 2018

57 Homes Sold in August (Down by 40 homes from August)

Palm City FL 34990 Residential Market Report September 2018

The Palm City FL, zip code 34990 residential real estate market had  big drop in closed sales and is back into a balanced market for the first time in quite a while.  Pending sales were up which will hopefully result in greater closed sales in the coming months.
The monthly absorption rate jumped to 6.3 months from 3.7 months in August.  Into a balanced market for the Palm City zip code 34990 area for residential sales.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The September 2017 numbers were:  335 active listings, 108 pending sales, and 43 closed sales. Better activity this year but with a highr inventory of available homes for sale.

Palm City FL 34990 Residential Market Report September 2018

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Palm City FL 34990 Residential Market Report September 2018

Whitemarsh Reserve October 2018 Market Report

10.24.18 by

Whitemarsh Reserve October 2018 Market Report

For October 2018, there are 2 homes available for sale in Whitemarsh Reserve in Stuart FL.  These homes are listed for $265,000 and $280,000. This is an average list price of $272,500 which equals $125.93 per sq. ft. of living area.

There are 3 townhomes currently under contract.  These homes were listed from $239,000 up to $264,000.  These work out to an average list price of $254,000 or $134.00 per sq. ft. of living area.  These homes went under contract in an average of 67 days after being listed.

In the past 12 months, 15 homes have sold in Whitemarsh Preserve.    Sales prices ranged from $192,000 up to $269,900 for an average sales price of $242,147 which is $129.89 per sq. ft. of living area.  These homes averaged 61 days on market prior to going under contract and sold for an average of 97% of list price.

About Whitemarsh Reserve:

Whitemarsh Reserve

This gated community of new town-homes located in Stuart, just off Kanner Highway (SR 76) is a great place for families or singles. Most Whitemarsh Reserve townhomes have private wetlands views and there’s a tranquil nature trail for relaxing walks or exercise. Residents enjoy a resort style pool, basketball court, and a play area for children! This community is like a portrait with its beautiful landscaping.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

Whitemarsh Reserve townhomes were first built in 2006 and continued through 2012.  The initial townhomes were larger than the last ones that were built.  With the largest ones being 2,299 sq. ft. of living space with 3 bedrooms and 2 bathrooms with 2 car garages and the smallest ones having only 1,000 sq. ft. with 2 bedrooms and 2 bathrooms and a single car garage.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

This is a pet-friendly community allowing up to one large dog.  Rentals are also allowed with some restrictions.  The HOA is $154 per month and includes the maintenance of the common areas, basic cable TV, landscaping and lawn service, exterior painting,  trash pickup and the manager.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

Only minutes to I-95 for those wishing to commute either north or south.  Only 30 minutes to West Palm Beach and about 2 hours to Orlando and it’s attractions. The surrounding city of Stuart is a great place to live in with its ‘A’ rated schools, a variety of great restaurants, shopping, gorgeous beaches and recreational activities.

Whitemarsh Reserve in Stuart FL

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Whitemarsh Reserve

Whitemarsh Reserve October 2018 Market Report

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Stuart FL 34997 Condo Market Report September 2018

10.23.18 by

Stuart FL 34997 Condo Market Report September 2018

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for September 2018

For September 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 42 active condo listings (Up by 6 condos from August).

Stuart FL 34997 Condo Market Report September 2018

16 Condo sales are pending and awaiting close (Down by 9 condos from August).

Stuart FL 34997 Condo Market Report September 2018

16 Condos Sold in September (Increased by 4 condos from August).

Stuart FL 34997 Condo Market Report September 2018

      The Stuart FL condo market for zip code 34997 remains very active even with such historically low inventory levels.  Pending sales were down while closed sales were up for September.

     The absorption rate returned to 2.6 months in September compared to 3.0 months for August.  Remaining as a strong seller’s market for 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 September 2017 numbers were: 49 active listings, 18 pending sales, and 13 closed sales.  Pretty similar market activity as last year.

Stuart FL 34997 Condo Market Report September 2018

Stuart Florida Real Estate presented by:
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Stuart FL 34997 Condo Market Report September 2018

 

 

Indian River Point October 2018 Market Report

10.23.18 by

Indian River Point October 2018 Market Report

For October 2018, there are 3 homes available for sale in the Indian River Point (a.k.a. Newport Jensen) community of Jensen Beach on Hutchinson Island.  These homes are listed for prices ranging from $299,000 up to $475,000.  This is an average list price of $391,296 which equals $221.58 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 8 homes have sold in this waterfront community.  The sales prices ranged from $238,000 up to $585,000.  This works out to an average sales price of $338,488 or $221.37 per sq. ft. of living area.  This homes took an average of 107 days on market to go under contract and sold for 96% of list price.

About Indian River Point:

Indian River Point

Situated on the shores of the wide Intracoastal at the east side of the Jensen Beach Causeway is the private community of Indian River Point (also known by its official designation as Newport Jensen). This non-gated community of 67 homes features community docks with a fishing station, tennis court, community pool and outdoor areas for barbecuing.

Indian River Point in Jensen Beach Indian River Point in Jensen Beach

Homes were constructed from 1976 to 2001 (with the majority of them built from 1976 to 1983), though some of the homes have been totally remodeled and appear brand new. Sizes range from 2 Bedroom, 2 Bathroom homes of 1,100 sq. ft. up to 4 Bedroom, 3 Bathroom homes of up to 2,370 sq. ft. of living area. Both one and two story homes are in this waterfront community. Some homes have a 1 car garage while others have assigned parking spaces near or in front of the residences.
As of this writing, the homeowners association fees are $335 a month and these include basic cable TV, landscape and lawn maintenance as well as the insurance and care of the common areas and facilities.

Indian River Point in Jensen Beach Indian River Point in Jensen Beach

Indian River Point is a wonderful and tight knit small community that is within walking distance to the beaches and only a short drive to quaint downtown Jensen Beach. Close to restaurants, shopping and in the ‘A’ rated Martin County School District. A wonderful winter getaway or full time Florida home.

Indian River Point in Jensen Beach

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 Indian River Point October 2018 Market Report

Stuart FL 34997 Residential Market Report September 2018

10.22.18 by

Stuart FL 34997 Residential Market Report September 2018

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for September 2018

For September 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 289 active listings (Increased by 27 homes from August).

Stuart FL 34997 Residential Market Report September 2018

123 Residential sales are pending and awaiting close or lender approval (Decreased by 14 homes from August).

Stuart FL 34997 Residential Market Report September 2018

86 Homes Sold in September (Decreased by 2 homes from August)

Stuart FL 34997 Residential Market Report September 2018

      The Stuart Florida Residential Market for ZIP Code 34997 remains a very strong market.  For September we saw a decrease in both closed and pending sales as well as an increase in inventory.
     The absorption rate edged up to 3.4 months (was 3.0 months for August).  Still a strong seller’s market for the 34997 zip code area of Stuart for September 2018.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2017 numbers for September, were: 274 active listings, 130 pending listings, and 68 closed sales.  Better sales activity this year with better pending activity last year.
Stuart FL 34997 Residential Market Report September 2018

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Stuart FL 34997 Residential Market Report September 2018

 

The Charter Club at Martin Downs October 2018 Market Report

10.21.18 by

The Charter Club at Martin Downs October 2018 Market Report

There are currently 5 homes for sale in the Charter Club at Martin Downs in Palm City FL.  List prices range from a low of $239,000 up to $299,900.  This is an average list price of $263,560 or $161.91 per sq. ft. of living area.

There is 1 home under contract that has not yet sold.  This home was listed for  $289,900 which is $151.23 per sq. ft. of living area.  This home went under contract 127 days after being listed.

These past 12 months saw 14 homes sell in the Charter Club.  Sales prices ranged from $210,000 up to $295,000 for an average sales price of $258,564 which equals $157.85 per sq. ft. of living area.  These homes were under contract in an average of 51 days and sold for an average of 95% of list price.

About the Charter Club at Martin Downs:

The Charter Club at Martin Downs

The Charter Club us a gated community of 203 homes on the south side of Martin Downs Blvd.  Developed in 1988 with the last home completed in 1995.  Very well located in the heart of Palm City and just a short distance to shopping, the Turnpike, numerous golf courses and rivers and only about 15 minutes to the beaches of the Atlantic Ocean or 10 minutes to historic downtown Stuart, FL.

The Charter Club at Martin Downs The Charter Club at Martin Downs

Home sizes range from 3 bedroom, 3 bathroom, 2 story homes with over 2,500 sq. ft. of living area down to 2 bedroom, 2 bathroom homes with just over 1,200 sq. ft.  All of the Charter Club homes have garages and most are two car, though a few of the smaller homes only have one car garages.

The Charter Club at Martin Downs The Charter Club at Martin Downs

There’s a community pool and hot tub for residents as well as to tennis courts.  There’s also a nice large pond (or small lake) which many homes have nice private water views.  The charter club allows up to 1 medium sized pet per home.  There are also vehicle restrictions for trucks and commercial vehicles that don’t fit into garages.

The Charter Club at Martin Downs The Charter Club at Martin Downs

The HOA fee is currently $235 per month and covers the common areas, landscaping and lawn service, basic cable tv, pest control and trash service.

The Charter Club at Martin Downs The Charter Club at Martin Downs

A wonderful and safe community neighborhood that’s close to ‘A’ rated schools.  The Charter Club at Martin Downs is a great place to call home.

the Charter Club at Martin Downs

Search here for Charter Club Homes for Sale

The Charter Club at Martin Downs October 2018 Market Report

The Princess of Hutchinson Island October 2018 Market Report

10.20.18 by

The Princess of Hutchinson Island October 2018 Market Report

As of October 2018, there are 7 condos for sale in the Princess of Hutchinson Island.  The list prices range from $289,000 up to $429,000.  This is an average list price of $356,386 or $245.85 per sq. ft. of living area.

There are two condos under contract that have not closed as of this writing.  These condos were listed for $305,000 and $327,000.  This is an average list price of $316,000 which equals $253.47 per sq. ft. of living area.  These two condos averaged 145 days on the market prior to going under contract.

In the past 12 months, 12 condos have sold in this oceanfront building.  Sales prices ranged from $310,000 up to $465,000.  This is an average sales price of $368,917 which works out to an average of $244.56 per sq. ft. of living area.  These condos were on the market for an average of 90 days before going under contract and sold for an average of 95% of the last list price.

About the Princess of Hutchinson Island Condos:

The Princess of Hutchinson Island

The Princess of Hutchinson Island is one of the more elegant high rise condominiums on Hutchinson Island in Jensen Beach.  Located just North and East of Nettles Island and just 2 miles North of the Jensen Beach Causeway this 20 story condominium has both 3 bedroom, 2 bathroom condos and 2 bedroom, 2 bathroom condos with varying floor plans from 1,209 sq. ft. to spacious 1,716 sq. ft. units.

The Princess of Hutchinson Island The Princess of Hutchinson Island

The Princess was built in 1984 and has a heated pool, Jacuzzi, common area with a game room, kitchen and bar.  There are tennis and bocce courts as well as trailer parking and a vehicle wash area.

The Princess of Hutchinson Island The Princess of Hutchinson Island

The maintenance fee (which includes the use of all facilities as well as exterior maintenance and insurance) varies from just under $500 a month to $700 a month depending on the size of the condo.  The Princess of Hutchinson Island is one of the premier locations on the Island and is a much sought after building.

The Princess of Hutchinson Island

Search here for all available Princess of Hutchinson Island Condos for Sale

The Princess of Hutchinson Island

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

The Princess of Hutchinson Island October 2018 Market Report

Stuart FL 34996 Condo Market Report September 2018

10.19.18 by

Stuart FL 34996 Condo Market Report September 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for September 2018

For September 2018 in the 34996 Zip Code area of Stuart, Florida :

There are currently 100 active condo listings (Down by 2 condos from last month).

Stuart FL 34996 Condo Market Report September 2018

30 Condo sales are pending and awaiting close or lender approval (Down by 7 condos from August).

Stuart FL 34996 Condo Market Report September 2018

22 Condos Sold in September (Up by 6 condos from August) 

Stuart FL 34996 Condo Market Report September 2018

The Stuart FL 34996 Condo Market of Stuart rebounded from a slow August.  Closed sales were up.  Unfortunately, pending sales were off.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 4.5 months from August’s 6.4 months. Back, once again, into a seller’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 September 2017 were: 112 active listings, 33 pending sales, and 21 closed sales.  Quiesimilar activity when compared to last year.

Stuart FL 34996 Condo Market Report September 2018

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Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report September 2018

Joes Point October 2018 Real Estate Market Report

10.19.18 by

Joes Point October 2018 Real Estate Market Report

As of October 2018, there are 2 homes for sale in Joes Point on Hutchinson Island.  These homes are listed for $745,000 and $1,800,000.  This works out to an average of $1,272,500 or $346.83 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, three Joes Point homes have sold.  Sales prices ranged from $850,000 up to $1,200,000. The average sales price was $1,028,333 which works out to $314.40 per sq. ft. of living area.  This homes went under contract in an average of 115 days and sold for 97% of the list price.

About Joes Point on Hutchinson Island:

Joes Point on Hutchinson IslandOne of the most unusual properties on Stuart’s Hutchinson Island is Joes Point.  Located on a private peninsula which juts to the north-west into the mile-wide Indian River (Intracoastal Water Way). Originally developed by Lloyd Dutcher in the early 1980’s this is a premier waterfront subdivision enjoying the many wonderful amenities of Hutchinson Island in Martin County.  Only minutes to the Saint Lucie inlet and the sparkling Atlantic Ocean by boat, with easy access to the Bahamas or through the Okeechobee waterway through the heart of Florida to the Gulf of Mexico by boat.  This is a true boaters paradise.  Abundant fishing is just off the dock or go just a few minutes further for some deep sea fishing and adventure.

Joes Point on Hutchinson Island Joes Point on Hutchinson Island

Joes Point has 56 home sites (3 are vacant lots at this writing) of which most are waterfront with private docks and sweeping water views of the Intracoastal Waterway (Indian River). There are 8 non-waterfront homes, though they have docks in the community marina which is just a short walk from these homes.  There is also a community RV/Boat storage area as well as a tennis court.  HOA fees as of October 2018 were under $300 per month and include central water and sewer service.

Joes Point on Hutchinson Island Joes Point on Hutchinson Island

Pets are welcome as well as having the ability to rent these homes.  This is a gated community offering a high level of privacy on the shores of the Indian River.  Beach access is across A-1-A in a private and HOA owned beach area.

Joes Point on Hutchinson Island

Search here for any available Joes Point Homes for Sale

Joes Point October 2018 Real Estate Market Report

Stuart FL 34996 Residential Market Report September 2018

10.18.18 by

Stuart FL 34996 Residential Market Report September 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for September 2018

For September 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 151 active listings (increased by 21 homes from August).

Stuart FL 34996 Residential Market Report September 2018

19 Residential sales are pending and awaiting close (Down by 2 homes from August).

Stuart FL 34996 Residential Market Report September 2018

13 Homes Sold in September (Up by 3 homes from August).

Stuart FL 34996 Residential Market Report September 2018

The 34996 zip code area of the Stuart Florida improved from last months slow activity.  The inventory took a surprising rise while pending sales were off slightly and closed sales were up a little.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for September shot up to 11.6 months as compared to August’s 13 months.  Remaining in a buyer’s market for the 34996 zip code area of Stuart FL but drifting towards a balanced market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for September 2017 were: 129 active listings, 19 pending sales, and 6 closed sales.  Better activity this year when compared to September 2017.

Stuart FL 34996 Residential Market Report September 2018

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 Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report September 2018

Island Village Hutchinson Island October 2018 Market Report

10.18.18 by

Island Village Hutchinson Island October 2018 Market Report

There is one townhome for sale in the Island Village community of Hutchinson Island.  The list price is $182,000 which is $143.31 per sq. ft. of living area.

At this time, there no Island Village properties under contract.

6 townhomes have sold in the past 12 months.  Sales price ranged from $132,500 up to $165,000. This results in an average sales price of $150,917 or $118.83 per sq. ft. of living area.  These homes were on the market for an average of 9 days prior to going under contract and sold at an average of 97% of list price.

About Island Village on Hutchinson Island FL:

Island Village Townhouses on Hutchinson Island

Island Village in Jensen Beach on Hutchinson Island is a townhouse community that was developed between 1981 and 1983.  Located on a huge preserve area on the west side of Highway A-1-A  with deeded ocean access just across the street. Island Village was created in two different phases, with phase I offering 28 quad style townhouses that offer 2 bedrooms, 2 and ½ baths and 1,328 sq. ft. of living area.  While phase II consists of 96 units of 1,270 sq. ft. with 2 bedrooms and 1 and ½ baths, in buildings with various sized units.

Island Village Townhouses on Hutchinson Island

As of September 2018, the HOA fees (which include insurance as in condo communities) are $360 per month for phase I (quad style) and $330 per month for phase II (row style).  These fees include Cable, Fire/Liability Insur, Grounds / Plants, Maintenance Exterior, Maintenance Interior, Manager, Recreational Facility, Reserve Funds, Roof Maintenance, Sewer, Trash Removal and Water.

Island Village Townhouses on Hutchinson Island Island Village Townhouses on Hutchinson Island

This community is pet-friendly and allows up to two small pets per unit.  Rentals are also permitted with a minimum duration restriction.

Island Village Townhouses on Hutchinson Island Island Village Townhouses on Hutchinson Island

Amenities include a heated pool, two tennis courts, and common areas as well as a deeded beach access area.

Click here for the currently available Island Village Townhouses for sale

palm pointe

Island Village Hutchinson Island October 2018 Market Report

Stuart FL 34994 Condo Market Report September 2018

10.17.18 by

Stuart FL 34994 Condo Market Report September 2018 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for September 2018

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

There are currently 76 active condo listings (Down by 1 condos from August).

Stuart FL 34994 Condo Market Report September 2018

47 Condo sales are pending and awaiting close or lender approval. (Decreased by 13 condos from last month) 

20 Condos Sold in September (Up by 4 condos from August).

The Stuart FL 34994 Condo market remains as a very active market.  pending sales were down from last month and closed sales were up.

The absorption rate for September dropped to 3.8 months compared to last month’s 4.8.  Remaining in a strong seller’s market for this condo segment of Stuart’s 34994 zip code area but drifting towards a balanced one.  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 September the numbers were 73 active listings, 22 pending sales, and 14 closed sales.  Much better activity for this month when compared to last year.

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Stuart, FL Real Estate

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Stuart FL 34994 Condo Market Report September 2018 

 

Stuart Florida 34994 Residential Market Report September 2018

10.16.18 by

Stuart Florida 34994 Residential Market Report September 2018

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for September 2018

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

There are currently 72 active listings (Up by 1 home from August)

Stuart Florida 34994 Residential Market Report September 2018

16 Residential sales are pending and awaiting close or lender approval (Decreased by 12 homes from last month).

Stuart Florida 34994 Residential Market Report September 2018

17 Homes Sold in May (Increased by 2 homes from August)

Stuart Florida 34994 Residential Market Report September 2018

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues to show good activity.  Pending sales were off this month which could be an indication of a slower market in the next few months.

The one-month absorption rate for the 34994 zip code for September dipped to 4.2 months from 4.7 months for August.  Remaining in a seller’s market for the 34994 zip code area of Stuart, FL.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The September 2017 numbers were 76 Active Listings, 21 pending sales, and 8 closed sales.  Considerably stronger closed sales activity this year.

Stuart Florida 34994 Residential Market Report September 2018

Are you interested in the value of your Stuart FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for Stuart Florida Real Estate for Sale

Stuart Florida Real Estate presented by:
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Stuart, FL Real Estate

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Commercial Properties

Land Properties

Rental Properties

Residential Properties

Residential Income Properties

Stuart Florida 34994 Residential Real Estate Market Report September 2018

The Falls of Jensen Beach October 2018 Market Report

10.16.18 by

The Falls of Jensen Beach October 2018 Market Report

For October 2018 there are 5 homes available for sale in the Falls of Jensen Beach.  List prices range from $569,900 up to $682,000.  This is an average list price of $616,370 which works out to $167.39 per sq. ft. of living area.

There is one home under contract which has not completed the sales process (closed).  The list price of this home is $525,000 or $193.23 per sq. ft. of living area.  This home was on the market for 64 days prior to going under contract.

In the past 12 months, 5 homes have sold in the Falls of Jensen Beach.  Sales prices ranged from $415,000 up to $535,000.  This is an average sales price of $486,380 which is equal to $176.93 per sq. ft. of living area.  These homes averaged 18 days on market before going under contract and sold on average for 99% of the listed price.

About the Falls in Jensen Beach FL:

The Falls in Jensen Beach FL

 

A newer Kolter community located just north and west of the Treasure Coast Mall in Jensen Beach FL.  This is a gated community with spacious lots, many of which have serene preserve or lake views from the back patio and yard.

The Falls is in a wonderful location close to shoppinThe Falls of Jensen Beach real estateg, restaurants as well as professional services and only a few minutes to the beaches and waterways that Martin County has to offer.  Children living in the falls have the privilege of attending Martin County ‘A’ rated schools.  Currently, these are the Jensen Beach Elementary school, Stuart Middle school, and the Jensen Beach High school.

The Falls in Jensen Beach FL

Construction in the Falls began in 2006 and all of the 130 lots have now been built, with the latest homes just recently completed in 2016.  As of this writing, there are only two new homes available from the builder, but resale homes have been coming on the market at a fairly steady rate.

Homes sizes in the Falls range from 4 bedroom, 3 bathroom homes of 2,236 sq. ft. of living area up to 5 bedroom, 4 bathroom homes with just under 4,500 sq. ft. under AC.  The majority of the homes in the falls have 3 car garages.  Homes range from single story ranch style designs to two-story homes and many have private pools.

The Falls in Jensen Beach FL

Since this is a newer community, all homes meet the latest building codes for hurricane and wind protection and most homes also feature an updated kitchen with granite countertops.

The Falls of Jensen Beach real estateThe Falls of Jensen Beach real estate

The HOA fee (as of October 2018) is $232 per month and includes your landscape and lawn service, basic cable TV as well as security and the common areas.  There is no community pool or clubhouse in the Falls.

Jensen Beach real estate is presented by Gabe Sanders, Stuart FL real estate

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Here are the currently available homes in the Falls of Jensen Beach

The Falls of Jensen Beach October 2018 Market Report

Sewalls Point Single Family Market Report September 2018

10.15.18 by

Sewalls Point Single Family Market Report September 2018

Sewalls Point Real Estate Snapshot, Residential Sales for September 2018

 

There are currently 51 active listings (Down by 1 home from last month)

Sewalls Point Single Family Market Report September 2018

8 home sales are pending and awaiting close or lender approval (Down by 4 homes from August)

Sewalls Point Single Family Market Report September 2018

8 Homes sold in September (Increased by 5 homes sales from August)

Sewalls Point Single Family Market Report September 2018

The single-family real estate market in Sewalls Point had a strong month for closed sales but did have a drop in the  number of pending sales.  Pretty good rebound after a very slow August.

The absorption rate plunged to 6.4 months, in August was 17.3 months.  Back into a balanced market for Sewalls Point.  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 September 2017, the inventory was 43 homes on the market, 4 pending sales and there were 4 closed sales.  Much stronger market activity for 2018 in Sewalls Point.

Sewalls Point Single Family Market Report September 2018

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Sewalls Point Single Family Market Report September 2018

 

Atlantis Condos on Hutchinson Island October 2018 Market Report

10.15.18 by

Atlantis Condos on Hutchinson Island October 2018 Market Report

There are currently 4 condos on the market in the three Atlantis condo buildings..  List prices range from $188,000 up to $349,900. This is an average list price of $266,950 which equates to $236.45 per sq. ft. of living area.

There are no Atlantis condos that are under contract and haven’t sold to date (pending sales).

In the past 12 months, 13 condos have sold in Atlantis.  Sales prices ranged from a low of $155,000 up to $345,000.  Making for an average sales price of $253,000 or $224.85 per sq. ft. of living area.  These condos sold in an average of 92 days and at an average of 94% of list price.

About Atlantis Condos:

Atlantis Condos on Hutchinson Island in Jensen Beach FL

Atlantis Condos on Hutchinson Island in Jensen Beach FL (Saint Lucie County) consists of three buildings.  Atlantis ‘A’, Atlantis ‘B’ and Atlantis ‘III’.   Buildings A and B were constructed in 1978 and consist of 68 2 bedroom 2 bathroom condos with 1,053 sq. ft. of living space on 7 stories.  End units are slightly bigger with wrap around balconies and 1113 sq. ft. of living space.  Building III was built in 1982, also with the same number of condos but is slightly larger with 1,151 sq. ft. interior units and 1,258 sq. ft. on the ends.

Atlantis Condos on Hutchinson Island in Jensen BeachCondo association fees at the time of this post were in the low $300’s per month for Buildings A & B and the low $400’s for Atlantis III.  These three buildings have two pools in between them as well as direct ocean access from the rear of all buildings.  Those on floors 3 to 7 enjoy excellent ocean and beach views, while the lower floors have partially blocked views because of the sand dunes. There is ample outdoor parking for all residents as well as two tennis courts and a vehicle wash area.

Atlantis Condos on Hutchinson Island in Jensen Beach FL

The Atlantis condos are conveniently located just 1 and ½ miles north of the Jensen Beach Causeway and within an easy drive of shopping, restaurants and all the amenities offered on Florida’s Treasure Coast.

Atlantis Condos on Hutchinson Island in Jensen BeachAtlantis Condos on Hutchinson Island in Jensen Beach

Give the Gabe Sanders BlueWater realty team a call or email if you would like more information or wish to see the Atlantis complex in Jensen Beach FL.

Hutchinson Island real estate is presented by Gabe Sanders, Stuart FL real estate

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Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Atlantis Condos on Hutchinson Island October 2018 Market Report

The Estates at Stuart Condos October 2018 Real Estate Market Report

10.14.18 by

The Estates at Stuart Condos October 2018 Real Estate Market Report

For October 2018 there are no condos available to purchase in the Estates at Stuart.

There are also no condos currently under contract.

In the past 12 months, 4 condos have sold.  Sales prices ranged from $125,000 up to $149,900 for an average sales price of $133,975 or $143.85 per sq. ft. of living area.  These condos averaged 40 days on the market prior to going under contract and sold for an average of 94% of list price.

About The Estates at Stuart Condos:

Estates at Stuart Condos

The Estates at Stuart is a newer condo community with 123 units that was originally built as an apartment complex and then converted to condos beginning in 2005.  After the slowdown in the real estate market, a large number of these units were taken back by the developer and continue to be in the in-house rental program.  Currently, with only a very limited number of these condos available for private ownership, there is quite the demand for this community because of the wonderful amenities as well as excellent location.

Estates at Stuart

The amenities include a fully-equipped fitness center, children’s playground, large resort-style pool with covered lanai, sand volleyball court, tennis court, recreation, and billiards lounge and beautiful landscaping. This is a gated community and only minutes from the historic downtown area of Stuart.  Also, only about 10 minutes to I-95 for those needing to commute either north or south or wishing to take a short trip down to Miami, Fort Lauderdale or up to Orlando.

Estates at Stuart

Also within easy reach of shopping, restaurants and medical facilities all of which makes for a very much sought after community.

Estates at Stuart Condos

Condos in the Estates at Stuart range from 1 bedroom 1 bathroom units up to 3 bedroom 2 bath with the square footage of living area from just under 800 sq. ft. to over 1,500 sq. ft.  Some units come with either attached or detached 1 car garages. This is a dog- and cat-friendly community allowing for up to one medium sized pet.  The condo association fees vary by size of the unit and whether a garage is included or not and run from just under $175 a month to $350 a month as of June 2018.

Estates at Stuart

Click here to see if any Estates at Stuart Condos are available for sale

The Estates of Stuart real estate is presented by Gabe Sanders, Stuart FL real estate

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The Estates at Stuart Condos October 2018 Real Estate Market Report

Coral Point Real Estate Market Report October 2018

10.13.18 by

Coral Point Real Estate Market Report October 2018

There are no homes currently on the market in the Coral Point community of Rocky Point in Stuart FL.

There also are no homes currently under contract.

In the past 12 months, 1 home has sold in Coral Point.  The sales price ranged was $1,300,001 or $274.73 per sq. ft. of living area.  These home was on the market for 15 days prior to going under contract and sold for 119% of list price.

About Coral Point in Rocky Point:

Coral Point is a small community of only 20 homes located in Rocky Point just off the Manatee Pocket in Stuart FL.  This community had its first home built in 1986 and was mostly finished by 1993, though there have been a few homes with some extensive remodeling and could be considered brand new.

Coral Point in Rocky Point Stuart

There are a number of wide waterfront homes in Coral Point with quick access to the Atlantic Ocean as this community lies only a mile or two from the inlet.  For those, not on the water there’s community day dock and fishing pier with excellent fishing for snook or so the residents inform me.

Coral Point in Rocky Point Stuart

This is an ungated community and there is a community tennis court.  As of this writing (October 2018), the HOA fees are under $500 per year.  This fee may vary slightly as the needs for the community maintenance change.

Coral Point in Rocky Point Stuart

Home sizes range from a 3 bedroom, 2 bath home with under 2,000 sq. ft. of living area up to a 4 bedroom, 4 bathroom home with over 5,000 sq. ft. of living area.  This is a beautiful secluded little community for those wishing to enjoy our Florida lifestyle

Coral Point in Rocky Point Stuart

Children of Coral Point will attend the Port Salerno elementary school, Murray middle and the South Fork high school.

Click here to see any currently available Coral Point Homes for Sale

Search here for all Coral Point homes for sale

Coral Point real estate is presented by Gabe Sanders, Stuart FL real estate

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Coral Point Real Estate Market Report October 2018

Canopy Creek October 2018 Market Report

10.12.18 by

Canopy Creek October 2018 Market Report

There are currently four homes for sale in Canopy Creek in Palm City.  List prices range from $739,880 up to $949,900.  This is an average list price of $844,895 which equals $216.77 per sq. ft. of living area.

There is one home currently under contract in Canopy Creek.  The list price was $734,900 or $250.22 per sq. ft. of living area.  This home was on the market for 328 days prior to going under contract.

In the past 12 months, 4 Canopy Creek homes have sold.  Sales prices ranged from $680,165 up to $859,900.  For an average sales price of $780,944 which works out to $215.61 per sq. ft. of living area.  These homes averaged 137  days on market prior to going under contract and the sales prices averaged 98% of list price.

About Canopy Creek in Palm City FL:

Canopy Creek in Palm City Florida

Canopy Creek in Palm City is a beautiful community for those seeking new construction homes with plenty of room for privacy.  With just 300 homes on 700 acres of preserves and wetlands this community affords luxury living without the crowds of urban areas.  Each estate home in this Eco-friendly community is on a minimum of a half-acre lot and all offer peaceful views of protected Florida preserves.

Canopy Creek in Palm City Florida

Canopy Creek will be a gated private community with easy access to I-95 or the Florida Turnpike. Minutes from the famous Treasure Coast beaches of Florida, the area also offers fabulous shopping and dining in beautiful Stuart, Florida and one of the finest public school systems in Florida. Canopy Creek is your best choice for new homes in Palm City, Florida.

Canopy Creek in Palm City Florida

New homes range in size from just over 3,000 sq. ft. of living area to 4,100 sq. ft. with prices starting from the low $600,000’s.  Clients of the BlueWater Realty Team may qualify for some special promotional discounts.  Please call us for details.

Search here for all Canopy Creek homes for sale

Canopy Creek real estate is presented by Gabe Sanders, Stuart FL real estate

or search for all homes here

Canopy Creek October 2018 Market Report