Pierpoint Yacht Club October 2018 Market Report

There are no active listings in Pierpoint for October 2018.

There are also no condos currently under contract.

In the past 12 months, 13 condos have sold in Pierpoint. Sale prices ranged from $79,900 up to $265,000 for an average sales price of $152,831 which equals $123.36 per sq. ft. of living space. These condos were under contract in an average of 80 days and sold at an average of 95% of the list price.

About the Pierpoint Condos in Stuart FL:

This friendly, active 55+ condominium offers two community pools, grills, shuffleboard, a waterfront clubhouse, and dock.

Pierpoint Condos in Stuart FL

Located in the heart of Stuart and on the shores of the wide Saint Lucie River, the Pierpoint Yacht Club Condominiums is the premier adult community in Stuart, Florida. An extremely well-maintained complex of 8 buildings, some of which have magnificent water views.

Pierpoint Condos in Stuart FL

Pierpoint has docks with boat slips for rent as available. Also on this dock is a fishing station and benches for all Pierpoint residents to enjoy and use. Stuart enjoys some of the finest fishing conditions in all of Florida and the east coast.

On the shores of the Saint Lucie River, Pierpoint has a large and active clubhouse with a full kitchen available for members and special occasions. Adjacent to the clubhouse is one of two heated pools, a billiard room, reading library and shuffleboard courts. There’s an outdoor lounge for sipping cocktails right on the shores of the wide Saint Lucie River. Lots of green space and ample parking complement this wonderful community.

As of October 2018, the condo fees in Pierpoint were $346.00 per month for a one bedroom condo and $367.00 per month for a two bedroom condo. These fees cover Basic Cable TV, Fire/Liability Insurance, Grounds / Plants, Maintenance Exterior, Manager, Pest Control, Recreational Facility, Roof Maintenance, Trash Removal, Water and Sewer.

Pierpoint Condos in Stuart FL

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Pierpoint Yacht Club October 2018 Market Report

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St Lucie County Townhouses and Condos August 2018 Market Report

10.10.18 by Gabe Sanders

St Lucie County Townhouses and Condos August 2018 Market Report

The St Lucie County Townhouses and Condos August 2018 Market Report showed better sales activity when compared to last year and remain as a very active market. Closed sales were up by 32.7% from last year (was down by 13.5% in July) while new pending sales were down by 5.1% for August (was up by 1.8% in July).

Prices were mixed for the month. The median price decreased by 11.0% from last year (was up by 20.9% in July) while the average sales price increased by 19.6% (was up by 5.3% in July).

The inventory of available townhouses and condos increased by 9 units from last month to 493 units, which is 11.8% greater than August 2017. The current supply is 4.7 months, which is 4.4% more than the 4.5 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.

Click here to view or download the full report:
St Lucie County Townhouses and Condos August 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 August 2018 Market Report

St Lucie County Single Family Homes August 2018 Market Report

10.09.18 by Gabe Sanders

St Lucie County Single Family Homes August 2018 Market Report

St Lucie County Single Family Homes August 2018 Market Report had mixed sales activity when compared to last year, but remains a very strong real estate market. Closed sales were up by 14.1% (in July they were down by 3.9%) and new sales under contract (new pending sales) decreased by 5.8% (they were up by 2.5% last month).

Prices, however, continued to rise. The median and average sales prices up by 9.8% and 8.7% respectively from last August (For July these numbers were up 5.1% and 4.1%).

Active listings increased by 63 homes up to 1,633 homes. This inventory is 2.6% higher than last year. The current supply of homes is 3.6 months (was 3.5 months for July) and also 3.5 months for last year. The St Lucie County single family home market remains a strong sellers’ market. A balanced market is one with a 6 to 7 month supply of inventory.

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

Martin County Townhouses and Condos August 2018 Market Report

10.08.18 by Gabe Sanders

Martin County Townhouses and Condos August 2018 Market Report

Martin County Townhouses and Condos August 2018 Market Report showed weaker sales activity when compared to August of 2017. Closed sales for the month were down by 24.1% (was down by 7.0% in July) while new sales under contract (new pending sales) were down by 7.8% from August 2017 (decreased by 16.5 in July).

Prices, however, continue to rise significantly. The median sales price increased by 13.3% (was up by 27.5% in July) while the average sales price increased by 24.0% (was up by 34.8% in July) as compared to August of 2017.

The inventory of available townhouses and condos decreased by 20 units to 299 properties as compared to last month. This is 14.8% less inventory then the August 2017 data. Currently, there’s a 3.0 month supply of inventory (compared to 3.7 months for August 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.

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

The Evergreen Club September 2018 Market Report

10.06.18 by Gabe Sanders

The Evergreen Club September 2018 Market Report

There are 10 homes on the market in the Evergreen Club in late September of 2018. List prices range from $385,000 up to $495,000. This is an average list price of $433,980 or $159.58 per sq. ft. of living space.

There are 3 homes under contract at this time. These homes were listed from $395,000 up to $499,500. This is an average list price of $448,167 which works out to $158.82 per sq. ft. of living area. These homes went under contract in an average of only 8 days after being listed.

In the past 12 months, 22 homes have sold in the Evergreen Club. Sales prices ranged from $305,000 up to $537,500. This works out to an average sales price of $431,405 which equals $156.73 per sq. ft. of living area. These homes sold for an average of 96% of list price with an average of 73 days on market.

About the Evergreen Club Palm City Florida:

Search for Evergreen Club Real Estate

Nestled in a secluded corner of Palm City, The Evergreen Club is an elegant gated community that it’s residents love to call home. The community is close to it all; ‘A’ rated schools, boat ramps, theatres, fantastic local restaurants, shopping, and beautiful beaches!

The Evergreen Club is known for its 18-hole championship golf course that does not require an expensive membership to play. Every home is unique and will be sure to have something special about it that will charm you. Located on a beautiful 520 acre parcel, each of the 299 homes feature at least one acre of land for a spacious non crowded feeling! Enjoy all the beautiful Florida sights that The Evergreen Club has to offer, you may find yourself rarely wanting to leave home! Golf club membership is not mandatory but if you are a member of The Evergreen Club you will enjoy full golf privileges, dining privileges and fun social events. There are no dining minimums, no assessments or large down payments.

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The Evergreen Club

The Evergreen Club September 2018 Market Report

Quail Meadow September 2018 Market Report

10.05.18 by Gabe Sanders

Quail Meadow September 2018 Market Report

There is only 1 townhome currently available for sale in Quail Meadow in the Martin Downs Country Club community of Palm City FL. This home is listed for $237,000 which equals $143.29 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 9 homes have sold. Sales prices were from a low of $170,000 up to $205,000. This is an average sales price of $186,556 which works out to $126.99 per sq. ft. of living area. These townhomes averaged 52 days on market before going under contract. They sold for an average of 96% of the last list price.

About Quail Meadow in Martin Downs

Located in the beautiful Martin Downs Country Club, Quail Meadow consists of 84 townhome/villas. These are spread out in 14 buildings with 6 attached units in each building. Quail Meadow was completed in 1983 and represents its own subdivision within the Martin Downs Country Club. Many of these homes enjoy beautiful lake and golf course views.

entrance to Quail Meadow in Martin Downs

All of these homes have a 1 car garage and some are single story villas while others are two story style townhouses. Sizes range from 3 bedroom, 3 bathroom homes with 1,654 sq. ft. of living area down to 2 bedroom, 2 bathroom villas with 1,331 sq. ft.

front view of Quail Meadow in Martin Downs

The HOA fee is $308 per month. This includes a 24 manned security gate and security patrols, management fees, basic cable TV, common areas and exterior maintenance. This is a pet friendly community allowing up to two medium sized pets per unit. Rentals are also permitted with some restrictions as to frequency and duration.

Pond in Quail Meadow in Martin Downs

Residents of Quail Meadow have the option of joining the golf club in Martin Downs as well as the Martin Downs sports complex. Or, they are free to just enjoy the great location which is very close to Florida’s Turnpike and I-95 and shopping, restaurants, professional offices and medical facilities.

Quail Meadow in Martin Downs in Palm City FL

Click here to see if any Quail Meadow homes are available for sale

Quail Meadow September 2018 Market Report

Florida Townhouses and Condos August 2018 Market Report

10.04.18 by Gabe Sanders

Florida Townhouses and Condos August 2018 Market Report

The Florida Townhouses and Condos August 2018 Market Report remains in a strong market with better activity when compared to last year. Closed sales were up by 6.6% as compared to last month’s increase of 8.5% and new sales under contract (new pending sales) decreased by 3.8% (In July there was a 1.8% increase).

Prices, also, continued to rise for August though at a slightly slower rate than in past months. Median sales prices were up by 8.8% (was up by 5.3% in July), while the average sales price increased by 10.1% (was up 1.0% in July).

The inventory of active listings increased by 0.4% from August of last year. For August 2018 we have 5.3 months of inventory (was also 5.3 months in July) and compared to 5.4 months for August 2017. We remain in a seller’s market for Florida townhouse and condo sales. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

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 August 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 August 2018 Market Report

Florida Single Family Homes August 2018 Market Report

10.03.18 by Gabe Sanders

Florida Single Family Homes August 2018 Market Report

The Florida Single Family Homes August 2018 Market Report showed mixed activity when compared to last year but still remains very active. Closed sales were up by 4.2% (were up by 3.8% in July) and new sales under contract (new pending sales) were down by 2.6% (were down by 0.3% in July).

Prices are also continuing to rise, though at a slower pace for August. The median and average sales prices up by 6.0% and 4.0% respectively, compared to July’s 6.3% and 5.7%.

The inventory of available homes for sale increased by 4.5% from last year. This is now a 4.0 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (August of 2017 also had a 3.8 month supply) A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Click here to view or download the full report:

Florida Single Family Homes August 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 Single Family Homes August 2018 Market Report

Westwood Country Estates Palm City September 2018 Market Report

10.03.18 by Gabe Sanders

Westwood Country Estates Palm City September 2018 Market Report

As of September 2018, there are no homes on the market in Westwood Country Estates in Palm City, FL.

There is one home currently under contract (pending sale). The list price was $449,900 or $180.68 per sq. ft. of living area.

There have been 3 homes sold in the past 12 months in Westwood Country Estates. Sales prices ranged from $449,900 up to $700,000 for an average sales price of $569,967 which is $181.75 per sq. ft. of living area. These sales averaged 98% of list price and went under contract in an average of 56 days on market.

About Westwood Country Estates in Palm City Florida:

Westwood Country Estates in Palm City Florida

Westwood Country Estates is a wide open, gorgeous community that features statuesque homes that are beautifully placed on oversized lots of 1/2 acre or more, that 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 to. Every home is unique and there is sure to be one you will fall in love with!

Westwood Country Estates

There are only 77 homes in Westwood Country Estates in Palm City Florida. Homeowner association fees are a very reasonable $375 per year.

Westwood Country Estates in Palm City Florida

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 it’s 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 in Palm City Florida

Westwood Country Estates Homes for Sale

Westwood Country Estates Palm City September 2018 Market Report

Hobe Sound FL 33455 Condo Market Report August 2018

10.02.18 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report August 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2018

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

There are currently 4 active condo listings. (Decreased by 1 condos from July)

4 Condos are pending and awaiting close. (Down by 1 condo from July)

4 Condos sold in August. (Up by 1 condo from July)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. The inventory of available condos has once again reached very small levels and this will impact future condo market activity in Hobe Sound. Yet, even with such little inventory, these condos are moving off the market quite fast.

The absorption rate for Hobe Sound condos was 1.0 months for August as compared to 1.3 months in July). Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes in percentages that do not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The August 2017 numbers were: 15 active listings, 4 pending sales, and 6 closed sales. Much better activity last year on a greatly larger inventory.

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

Search for Hobe Sound FL Condos for Sale Here

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report August 2018

Renar River Place Condos September 2018 Market Report

10.02.18 by Gabe Sanders

Renar River Place Condos September 2018 Market Report

For September 2018 there are 4 condos for sale in Renar River Place in downtown Jensen Beach FL. Lis prices range from $249,900 to $380,000. This is an average list price of $326,325 or $213.63 per sq. ft. of living area.

There is one condo currently under contract. The list price was $375,000 or $188.54 per sq. ft. of living area. This condo was on the market for 143 days prior to going under contract.

In the past 12 months, 2 condos have sold in Renar River Place. Sales prices were $213,000 and $215,000 for an average sales price of $214,000 which equals $123.42 per sq. ft. of living area. These condos went under contract in an average of 7 days after being listed and sold for an average of 93% of the last list price.

About Renar River Place in Downtown Jensen Beach:

One of the few newer condo communities in Martin County. Renar River Place boasts spacious condos overlooking the Intracoastal Water Way (Indian River) right at the base of the Jensen Beach round about and causeway to Hutchinson Island. There are also some townhouse style condos associated with this complex along with a limited amount of commercial space, making this the perfect work and live destination.

Renar River Place is in a great location within an easy walk to all of the quaint shops and restaurants of Jensen Beach. HOA fees vary by the size of the condo and location, so please call us for the latest cost. This community is open to all ages and pets are also welcomed. For those wishing to use this location as an investment, liberal rental rules will allow some excellent returns.

Search her for Renar River Place Condos for sale

Renar River Place Condos September 2018 Market Report

Hobe Sound FL 33455 Residential Market Report August 2018

10.01.18 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report August 2018

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

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

There are currently 172 active listings. (Down by 20 homes from July)

81 Residential sales are pending and awaiting close (Up by 13 homes from July)

37 Homes Sold in August (Down by 16 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 had a drop in closed sales for the month. But, also, a rise in pending sales which should result in more sales in the coming months.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.6 months (It was 3.6 months in July). Remaining in a seller’s market for Hobe Sound residential real estate. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for August 2017 were: 173 active listings, 62 pending sales, and 52 closed sales. Better sales activity last year and better pending activity for this year.

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

Search here for Hobe Sound Florida Real Estate for Sale

Land Properties

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

Rental Properties

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

Residential Properties

Commercial Properties

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

Hobe Sound FL 33455 Residential Market Report August 2018

Sandpebble Condos Hutchinson Island September 2018 Market Report

09.30.18 by Gabe Sanders

Sandpebble Condos Hutchinson Island September 2018 Market Report

September 2018 Market Update for the Sandpebble Condo and Beach Club on Hutchinson Island in Stuart, Florida:

There are currently 4 condos for sale in Sandpebble. The list prices range from $319,000 up to $389,000. This works out to an average list price of $344,250 which is $311.75 per sq. ft. of living area.

There is 1 pending Sandpebble condo currently under contract. The list price was $450,000 or $313.37 per sq. ft. of living area. This condo went under contract 21 days after being listed.

In the past 12 months, 16 Sandpebble condos have sold. Sales prices ranged from $275,000 to $450,000. This is an average sales price of $344,400 which works equals $278.42 per sq. ft. of living area. These sales averaged 96% of list price and went under contract after an average of 55 days on market.

About the Sandpebble Condos on Hutchinson Island in Stuart FL:

On the beautiful and unspoiled portion of South Hutchinson Island lies one of the best-kept secrets in Martin County. Located on a pristine 37 acres that reach from the Atlantic Ocean to the Indian River (Intracoastal Waterway).

Sandpebble Condos consist of 3 Ocean Front Buildings and 7 River Front buildings. A total of 5 heated pools (3 riverside and 2 ocean side), along with deep water docks for 66 vessels. Docks are available to residents only on a first come first served basis and are available for lease at a very reasonable $1.50 per foot per month.

On the spacious grounds, there is plenty of green space for outdoor activities, two hard court tennis courts and a fully equipped clubhouse with kitchen and on-site management. Both Oceanside and riverside sections are gated for secured entry only. Residents have the use of both the river and Oceanside sections regardless of the location of their own units.

Construction of the Sandpebble complex began in 1982 and just recently all buildings were completely refurbished with metal roofs, Hardi-Plank replacement for exterior wood surfaces, complete concrete (re-bar) restoration, the installation of a bulkhead protecting and enhancing the river-side property and structures, updated landscaping and the painting of all the buildings.

For additional information and availability of Sandpebble Condominiums and other attractive Oceanfront Homes, Condos or Vacant Land, contact Gabe Sanders.

Here are the currently available condos in Sandpebble

Search the MLS for all Hutchinson Island Condos in Stuart

Sandpebble Condos Hutchinson Island September 2018 Market Report

de la Bahia Waterfront Condos September 2018 Market Report

09.29.18 by Gabe Sanders

de la Bahia Waterfront Condos September 2018 Market Report

For September 2018 there are 4 condos available for sale in de la Bahia. These condos range in price from $108,700 up to $139,900. This is an average list price of $120,850 which equals $176.43 per sq. ft. of living area.

There is 1 condo currently under contract. The list price was $129,000 or $157.32 per sq. ft. of living area. This condo was on the market for 71 days prior to going under contract.

In the last 12 months, 17 condos have sold. Sales prices ranged from $92,000 up to $170,000. The average sales price was $122,971 which works out to $145.55 per sq. ft. of living area. These condos sold for an average of 92% of list price and went under contract in an average of 70 days on market.

About the de la Bahia Waterfront Condos:

The de la Bahia condo complex is located on Kanner Hwy just west of Monterey Road in Stuart which is in Martin County, Florida. This waterfront 55+ boating community lies on the shore of the south fork of the Saint Lucie River which also becomes the Okeechobee Waterway as it goes west.

The condos consist of 1 bedroom 1 and 1/2 bath, 2 bedroom 1 and 1/2 bath and 2 bedroom 2 bath condos. Condo fees run from $223 to $340 per month depending on the size of the condo. These fees include Cable, Common Areas, Grounds / Plants, Insurance-Bldg, Lawn Care, Maintenance Exterior, Reserve Funds, Roof Maintenance, Sewer, Trash Removal and Water.

This prime location is approximately 40 minutes North of West Palm Beach, and 100 miles north of Miami. Very conveniently located near many restaurants, stores, and medical facilities.

The de la Bahia condominium complex is made up of 303 attractive and desirable residences. 231 docks, a pool, a clubhouse, shuffleboard courts, and a yacht club for the residents. The very desirable marina is for the use of residents only and most condos have a deeded dock. Rental charges for the use of docks are not allowed, so there won’t be any additional charges for those wishing to use another owner’s dock.

There’s a very active winter season, which normally includes two dinner dances a month, golf and bowling leagues, bingo, euchre, bridge, exercise class, knitting & stitching. The pool is heated and is a great place to meet people, swim, sunbathe, or even join in playing a board game of your choice. And the library has a good selection of books to read if you prefer to enjoy a quiet peaceful afternoon.

The Yacht Club has monthly meetings with a guest speaker, raft-ups, picnics, luncheon cruises, gambling cruises, and two socials. In the past few years the association has sponsored a 3 to 5 day cruise in January. Membership is open to de la Bahia renters and owners only, boat ownership is not required and dues are very reasonable.

Click here to see the available condos for sale in de la Bahia

de la Bahia Waterfront Condos September 2018 Market Report

Jensen Beach FL 34957 Condo Market Report August 2018

09.28.18 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report August 2018

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

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

There are currently 82 active listings. (Decreased by 5 condos from July)

37 Condo sales are pending and awaiting settlement. (Up by 3 condos from July)

27 Condos Sold (Up by 1 condos from July)

The Jensen Beach FL 34957 Condo Market Report for August continued remained very active and is one of the strongest markets in the Martin County area. Both pending and closed sales increased slightly along with another drop in the inventory of available condos for sale.

The one-month absorption rate for the August 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched down to 3.0 months (from 3.3 months in July), remaining in a strong seller’s market. A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The August 2017 numbers were: 80 active listings, 41 pending sales, and 26 condos closed. Very similar market activity when compared to last year.

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

Search for Jensen Beach FL Condos Here

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report August 2018

Lake Grove September 2018 Market Report

09.28.18 by Gabe Sanders

Lake Grove September 2018 Market Report

There is only one home currently for sale in Lake Grove of Palm City, FL. The list price is $724,900 or $194.87 per sq. ft. of living area.

There are no homes currently under contract in Lake Grove.

In the past 12 months, 5 homes have sold in the Lake Grove. Sale prices ranged from $435,000 up to $565,000. This is an average sale price of $506,800 whick equals $177.85 per sq. ft. of living area. These homes averaged 141 days on the market prior to accepting their offers and sold for an average of 96% of the list price.

About Lake Grove in Palm City FL:

Located south on Mapp Road in Palm City is the community of Lake Grove which is comprised of 64 homes built around a square shaped lake. Lake Grove lies in a lovely private location will all home sites on at least ½ acre of land.Homes range in sizes from over 4,500 sq. ft. of living space with 5 bedrooms, 4 baths and a three car garage down to just over 2,000 sq. ft. homes with 3 bedrooms and two bathrooms and 2 car garages. As of September 2018, the Lake Grove HOA fees are a very reasonable $275 per quarter.

The common areas include two tennis courts, landscaped common areas and a fishing dock on the lake. There’s also a dedicated trailer/RV/boat parking lot for residents.

Lake Grove children attend ‘A’ rated Martin County Schools and are currently zoned for the Palm City Elementary School, Hidden Oaks Middle School, and Martin County High School. (To search for homes within Martin County school districts visit my school search pages here.)

Click here to see the currently available Lake Grove Homes for Sale

If you like the Lake Grove community, you may also have an interest in its sister community: Orchid Bay.

Click here for the current Orchid Bay Homes for Sale

Lake Grove September 2018 Market Report

Jensen Beach FL 34957 Residential Market Report August 2018

09.27.18 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report August 2018

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

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

There are currently 162 active listings. (Down by 6 from last month)

70 Residential sales are pending and awaiting close or lender approval. (Down by 2 homes from July)

45 Homes Sold (Decreased by 2 homes from July)

The Jensen Beach FL 34957 Residential Market remains strong and active. Unlike much of the rest of Martin County, the inventory remains fairly strong.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 remained unchanged at 3.6 months ( was 3.6 months in July). Remaining as a strong seller’s market for Jensen Beach residential sales after a month that inched close to a balanced market. A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The August 2017 numbers were: 143 active listings, 77 pending sales, and 48 home sales closed. Slightly better sales and pending activity last year. Interestingly, this is with a higher inventory of available condos for sale this year.

Jensen Beach FL 34957 Residential Market Report August 2018

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

Search here for Jensen Beach Real Estate for Sale