Rustic Hills Palm City FL September 2018 Real Estate Market Report

09.10.18 by

Rustic Hills Palm City FL September 2018 Real Estate Market Report

There is only one home available for sale in Rustic Hills.  The list price is $405,000 or $232.49 per sq. ft. of living area.

There are no homes under contract at this time.

In the past 12 months, 12 Rustic Hills homes have sold.  Sales prices ranged from $220,000 up to $544,900 for an average sales price of $351,408 which equates to $173.69 per sq. ft. of living area at a 94% sales to list price ratio.  These homes went under contract in an average of 106 days.

About Rustic Hills in Palm City FL:

Covered Bridge, Rustic Hills, Palm City, Florida

Originally a popular fishing camp, Rustic Hills in Palm City, Florida is a quaint waterfront enclave of 178 home sites geared for families who also enjoy boating.All homes have canal frontage with dockage, except for 10 homes/lots, which have deeded spaces for docks.A wonderful entrance through the ‘covered bridge’ allows entry into Rustic Hills.Great families and good neighbors through a series of winding one lane roads that make this neighborhood unique in today’s fast paced life styles.Some homes still have the outward character of the old fishing camp lodges, but most have been completely remodeled or even re-built to today’s standards.

Rustic Hills, Palm City, Florida, Canals

Truly a ‘rustic’ area, but close to shopping, beaches and all modern amenities. Only a short ride by boat to the wide Saint Lucie River and an additional few minutes to the Saint Lucie Inlet and the beautiful Atlantic Ocean.

Rustic Hills, Palm City, Florida Homes for Sale

Currently, children living in Rustic Hills attend Bessey Creek Elementary School, Hidden Oaks Middle School and Martin County High School.  Rustic Hills is an exceptionally friendly family neighborhood where children are seen playing outside at all times and neighbors taking the time to make sure that all is well.

Rustic Hills covered bridge

There are a number of exceptional opportunities for the prospective home buyer in Rustic Hills.

Search for currently available homes in Rustic Hills, Palm City, Florida

Recent market reports:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Rustic Hills Palm City FL September 2018 Market Update

 

Tesoro Club September 2018 Real Estate Market Report

09.09.18 by

Tesoro Club September 2018 Real Estate Market Report

There are currently 11 homes available to purchase in the Tesoro Club in Port St Lucie FL.  List prices range from $349,000 up to $1,099,000 for an average list price of $689,082 or $194.52 per sq. ft. of living area.

There are 2 homes currently under contract in the Tesoro Club.  List prices were $459,900 and $750,000 for an average list price of $604,950 which works out to $185.83 per sq. ft. of living area.  These homes were on the market for an average of 221 days before going under contract.

In the past 12 months there have been 10 sales in the Tesoro Club.  Sales prices ranged from a low of $220,000 up to $1,150,000 for an average sales price of $643,993 which equals $158.90 per sq. ft. pf living area.  These homes sold at an average of 91% of list price and were on the market for an average 141 days prior to going under contract.

About Tesoro in Port St. Lucie FL:

One of the premier country clubs on Florida’s Treasure Coast, Tesoro lies on 1,400 acres.  The Tesoro Club is home to two par-72 golf courses one is an Arnold Palmer signature course while the other is a Tom Watson signature course.  The Tesoro Club is an official PGA Tour host.

The centerpiece of the Tesoro club is a 100,000 plus square foot three story clubhouse overlooking a 120 acre lake.  This full service clubhouse is magnificent and offers impeccable services for all the members of the Tesoro Club.

In addition to the world class golf, the Tesoro Club is also host to its very own swim and racquet club.  The racquet club consists of 10 Har-Tru tennis courts plus one exhibition stadium court and two croquet courts.  There’s a full time ATP Tennis Director offering lessons, clinics and a full service pro shop.  Spacious men’s and women’s locker rooms make this a wonderful facility.  And after that hard match cool off in the pool or soak your sore muscles in the Jacuzzi.

For those needing more pampering there’s a full service spa and salon on premises.  And, if you don’t feel like cooking the dining room at the Tesoro club has a menu that is sure to please.

Homes in Tesoro run the gamut from huge estate homes of 7,000 sq. ft. of living area with 5 and 6 bedrooms and 6 bathrooms on large ½ acre lots, down to more modest 3 bedroom, 2 bathroom homes with around 2,000 square feet of living area along with 2 car garages lying on smaller under one quarter acre lots.

At this time there are numerous opportunities for new custom homes built to your specifications or a good number of available re-sale homes.  Golf Club membership is not mandatory in certain sections of Tesoro so HOA fees vary considerably from area to area.  For non-membership lots it starts around $580 a month and includes lawn, landscaping, 24 hour monitored security, basic cable TV, management and exterior pest control.

Here are some of the currently available homes in Tesoro

Please call us at 772-323-6996 or email us for the complete and up to date list.

Tesoro Club September 2018 Real Estate Market Report

Jensen Beach Club September 2018 Real Estate Market Report

09.08.18 by

Jensen Beach Club September 2018 Real Estate Market Report

There are no condos for sale in the Jensen Beach Club on Hutchinson Island in the MLS in September 2018.

There is 1 condo under contract at the present time.  The list price was $187,500 or $172.02 per sq. ft. of living area.  This condo was on the market for only 1 day.

In the past 12 months, 6 condos have sold. Sales prices ranged from $158,000 up to $177,500 for an average sales price of $166,467 which is $152.72 per sq. ft. of living area. These condos sold in an average of 47 days and on average sold for 97% of list price.

About the Jensen Beach Club on Hutchinson Island:

Jensen Beach Club on Hutchinson Island

The Jensen Beach Club is a complex consisting of 9 buildings surrounding a lake on Hutchinson Island on a pristine 21 acres. Lying directly across the street from the Ocean and the public beach at the end of the Jensen Beach Causeway. There are 196 condos which are all 1,090 sq. ft. of living area with 2 bedrooms and 2 bathrooms with private balconies or patios. The Jensen beach Club complex was built between 1986 and 1987 and has a community pool, clubhouse and tennis courts. These are three story buildings with the most desirable condos being end units with lake views.

Jensen Beach Club on Hutchinson Island

The Jensen beach Club will allow up to 25 lb. or smaller pet and rentals are also allowed with some restrictions. The maintenance fee at the time of this post was around $300 per month, which includes the insurance and maintenance for the building exterior as well as the common areas, pest control, management and water and sewer charges.

Jensen Beach Club on Hutchinson Island

There are two designated parking spots for each unit and ample guest parking as well. Jensen Beach Club residents enjoy the convenience of having ocean access just across the street and also being a short drive or bicycle ride to restaurants, shopping and the wonderful amenities of Jensen Beach and Martin County FL. All at a very affordable price.

Jensen Beach Club on Hutchinson IslandSearch for available Jensen beach Club Condos here.

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider:
Angler Cove – Beachwood Villas – Buttonwood – Dune Condominium – Fairwinds Cove – Green Turtle Cove – Hutchinson House –Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Little Ocean Place – Maritimes – Ocean View –Sailfish Point – Sandpebble – Seaside – Suntide

Jensen Beach Club September 2018 Real Estate Market Report

Florida Townhouses and Condos July 2018 Market Report

09.07.18 by

Florida Townhouses and Condos July 2018 Market Report

The Florida Townhouses and Condos July 2018 Market Report remains in a strong market with better activity when compared to last year.  Closed sales were up by 8.5% as compared to last month’s increase of 1.2% and new sales under contract (new pending sales) increased by 1.8% (In June there was a 0.0% increase).

Prices, also, continued to rise for July though at a slightly slower rate than in past months.  Median sales prices were up by 5.3% (was up by 7.5% in June), while the average sales price increased by 1.0% (was up 9.6% in June).

The inventory of active listings decreased by 2.2% from July of last year.  For July 2018 we have 5.3 months of inventory (was 5.5 months in June) and compared to 5.6 months for July 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.

Florida Townhouses and Condos July 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 July 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 July 2018 Market Report

Florida Single Family Homes July 2018 Market Report

09.06.18 by

Florida Single Family Homes July 2018 Market Report

The Florida Single Family Homes July 2018 Market Report showed stronger activity when compared to last year and remains very active. Closed sales were up by 3.8% (were down by 1.3% in June) and new sales under contract (new pending sales) were down by 0.3% (were down by 3.3% in June).

Prices are also continuing to rise.  The median and average sales prices up by 6.3% and 5.7% respectively, compared to June’s 6.1% and 7.7%.

The inventory of available homes for sale remained unchanged from last year.  For July there was a 3.9 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (July of 2017 also had a 3.9 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.

Florida Single Family Homes July 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes July 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 July 2018 Market Report

Lighthouse Point and Seagate Harbor Real Estate Market Report September 2018

09.06.18 by

Lighthouse Point and Seagate Harbor Real Estate Market Report September 2018

There are currently 5 homes on the market in Lighthouse Point and Seagate Harbor in Palm City, FL.  Listing prices are from a low price of $315,000 to a high of $799,900 with an average listing price of $537,760 which equals $317.59 per square foot of living area.

There are no homes under contract at this time.

38 homes have sold in Lighthouse Point and Seagate Harbor in the past 12 months.  Sale prices were from $368,600 up to $1,150,000 for an average sales price of $538,489 or $288.42 per square foot of living area.  These homes sold on average in 73 days and at 95% of the listed price.

About Lighthouse Point and Seagate Harbor in Palm City FL:

Lighthouse Point and Seagate Harbor in Palm City FL

A boater’s and sailor’s Delight in an affordable waterfront niche community with deep water dockage! Nature and families are the focus in this desirable community characterized by beautiful homes, parks, nearby golf, restaurants, shopping, and A Rated schools!

Lighthouse Point and Seagate Harbor real estate in Palm City FL

Almost every home has waterfront dockage available in an intricate network of deep water canals. Some select homes with wide views of the Saint Lucie River. A community boat ramp is also available. Everything a boater would want!

Lighthouse Point and Seagate Harbor in Palm City FL

The homeowner’s association is very reasonable at only $50 and $75 per year, most of which goes towards a number of great community get togethers throughout the year. These two neighboring communities are in the ‘A’ rated Martin County school system with local children currently zoned for Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Lighthouse Point and Seagate Harbor in Palm City FL

There are no fixed bridges to the open Ocean (Only high span 60’ +). The canals are maintained and dredged to a 6’ depth. In recent years sewer and city water have been brought to these communities which have resulted in the transformation starting to take place in this waterfront neighborhood as homes are being torn down or renovated to larger and more state of the art structures.

Lighthouse Point and Seagate Harbor in Palm City FL

Those looking for affordable waterfront in the Martin County area may want to act sooner than later as current prices have been rising rapidly.

Search the Martin County MLSSearch for available homes in Lighthouse Point and Seagate Harbor

Lighthouse Point and Seagate Harbor September 2016 Market Report

St. Lucie County Townhouses and Condos 2018 2’nd Quarter Report

09.05.18 by

St. Lucie County Townhouses and Condos 2018 2’nd Quarter Report

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 2’nd Quarter 2018.

St. Lucie County Townhouses and Condos 2018 2'nd Quarter Report

The Saint Lucie Count townhouses and condo real estate market showed weaker activity for the second quarter of 2018 when compared to the same period last year.  Both sales volume and prices decreased.  Though, this market remains quite active as a seller’s market.

To view the full report click the image above or this link.

View the entire set of data at GabeSanders.com

St. Lucie County Townhouses and Condos 2018 2’nd Quarter Report

St. Lucie County Single Family Homes 2018 2’nd Quarter Report

09.04.18 by

St. Lucie County Single Family Homes 2018 2’nd Quarter Report

Click the image below to view the full details of the St. Lucie County single-family homes market report data as reported by St. Lucie County Realtor for the 2’nd Quarter 2018.

St. Lucie County Single Family Homes 2018 2'nd Quarter Report

Slightly weaker sales activity when compared to the second quarter of 2017 as compared to this period last year.  However, prices continued to rise year to year.  Still a strong seller’s market for the St. Lucie County single family homes real estate market.

To view, the full report click the image above or this link.

View the entire set of data at GabeSanders.com

St. Lucie County Single Family Homes 2018 2’nd Quarter Report

Four Rivers September 2018 Palm City Real Estate Market Report

09.04.18 by

Four Rivers September 2018 Palm City Real Estate Market Report

For September 2018, there are three homes for sale in Four Rivers in Palm City FL ranging in price from $649,900 up to $1,650,000 for an average list price of $1,164,967 or $285.25 per sq. ft. of living area.

There is one home currently under contract. The list price was $1,069,000 which is $330.24 per sq. ft. of living area.  This home was on the market for 129 days prior to going under contract.

8 homes have sold in the past 12 months in Four Rivers, with the sales prices ranging from $550,000 up to $1,790,000 for an average sales price of $899,500 which is $216.09 per sq. ft. of living area.  These homes averaged 154 days on the market before going under contract and the sales were for an average at 93% of the list price.

About Four Rivers in Palm City FL:

Four Rivers in Palm City Florida
Google Earth image

Four Rivers is a unique enclave of spacious homes on the banks of the South Fork of the Saint Lucie River.  Ideal for the serious boaters, all of Four Rivers’ home sites are on deep water canals suitable for larger vessels and with no fixed bridges (under 60’) to the Saint Lucie inlet to gain access to the crystal clear waters of the Atlantic Ocean.

Four Rivers in Palm City Florida
Google Earth image

Consisting of 98 home sites, with a minimum ½ acre of land (though most have ¾ acre or more), Four Rivers is a perfect family friendly neighborhood. Very conveniently located close to ‘A’ rated schools, shopping, restaurants and only a few minutes from either downtown Stuart or Florida’s Turnpike for those wishing to commute to our more crowded neighboring counties.

Four Rivers in Palm City

Low HOA fees insure the canals will be maintained to a depth of 6’ at mean low tide to make sure no boats have difficulties navigating to open water.  Four Rivers is a wonderful place to call home.

Search for all Four Rivers Homes for Sale in Palm City

Search for all Four Rivers Land for Sale in Palm City

View all of our listings

Palm City Florida Real Estate is presented by:
the Gabe Sanders real estate team

Four Rivers September 2018 Palm City Real Estate Market Report

 

Martin County Townhouses and Condos 2018 2’nd Quarter Report

09.03.18 by

Martin County Townhouses and Condos 2018 2’nd Quarter Report

2’nd Quarter 2018

Click the image below to view the full details of the Martin County townhouses and condos market report data as reported by Martin County Realtor for the 2’nd Quarter 2018.

Martin County Townhouses and Condos 2018 2'nd Quarter Report

The Martin County townhouse and condo market remains a very strong one and performed much better than the 2’nd quarter of 2017.  Both sales and prices rose for this quarter.  Continuing in a seller’s market for Martin County townhouses and condos.

To view, the full report click the image above or this link.

View the entire set of data at GabeSanders.com

Martin County Townhouses and Condos 2018 2’nd Quarter Report

Gull Harbor August 2018 Market Report

09.01.18 by

Gull Harbor August 2018 Market Report

There are currently no homes for sale in Gull Harbor in Palm City FL.

One home is under contract.  This home was listed for $425,000 or $231.48 per sq. ft. of living area.  It was on the market for 74 days prior to going under contract.

In the past 12 months, there has only been one sale in Gull Harbor.  This home sold for $575,000 which is $319.62 per sq. ft. of living area.  This sales price is 97% of the list price and this home went under contract one day after it was listed.

About 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.

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.

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 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

Martin County Single Family Homes 2018 2’nd Quarter Report

08.31.18 by

Martin County Single Family Homes 2018 2’nd Quarter Report

Click the image below to view the full details of the Martin County single-family homes market report data as reported by Martin County Realtor for the 2’nd Quarter 2018.

Martin County Single Family Homes 2018 2'nd Quarter Report

The Martin County single family home market showed weaker sales and prices when compared to the 2’nd quarter of last year.  Though it remains an active market.   Much of the reduced activity can be attributed to a decrease in inventory.

To view the full report click the image above or this link.

View the entire set of data at GabeSanders.com

Martin County Single Family Homes 2018 2’nd Quarter Report

Four Winds on the River Condo August 2018 Market Report

08.31.18 by

Four Winds on the River Condo August 2018 Market Report

There are no condos currently available for sale in Four Winds on the River in Stuart FL.

For August of 2018 no condos are under contract and awaiting sale.

In the past 12 months, 3 condos have sold in Four Winds.  These condos sold for prices ranging from $232,000 up to $346,500.  This is an average sales price of $270,500 which works out to $178.66 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:

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 the 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.

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.

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

Search for all Four Winds on the River Condos for Sale

 

View all of our Listings

Stuart FL Real Estate is presented by:
the Gabe Sanders Realty team

Four Winds on the River Condo August 2018 Market Report

Florida Townhouses and Condos 2018 2’nd Quarter Report

08.30.18 by

Florida Townhouses and Condos 2018 2’nd Quarter Report

Click the image below to view the full details of the Florida townhouses and condos market report data as reported by Florida Realtor for the 2’nd Quarter 2018.

Florida Townhouses and Condos 2018 2'nd Quarter Report

Sales and prices for the FloridaTownhouse and Condo real estate market were lower than this quarter last year.  Though, while slower, this is still a very active market.

To view the full report, click on the image above or this link.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2018 2’nd Quarter Report

Anglers Cove Condos August 2018 Market Report

08.30.18 by

Angler Cove Condos August 2018 Market Report

There are currently 4 Angler Cove condos available for sale.  List prices are from $255,000 up to $425,000 for an average list price of $320,475 which equals $237.91 per sq. ft. of living area.

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

In the past 12 months there have been 3 sales.  Sales prices ranged from $245,000 up to $295,000 for an average sales price of $268,333 which works out to $246.18 per sq. ft. of living area.  The list to sales prices averaged at 96%.  These condos averaged 28 days on market before going under contract.

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

About Angler Cove on Hutchinson Island in Stuart FL:

Angler Cove Condos on Hutchinson Island in Stuart Florida is a unique complex with 12 buildings amd 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).

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.

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 get-away for those cold winters up north!

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.

Search for all Anglers Cove Condos for Sale

the Gabe Sanders real estate team

Stuart Florida Real Estate

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

Angler Cove Condos August 2016 Market Update

Florida Single Family Homes 2018 2’nd Quarter Report

08.29.18 by

Florida Single Family Homes 2018 2’nd Quarter Report

Click the image below to view the full details of the Florida single family home market report data as reported by Florida Realtor for the 2’nd Quarter 2018.

Florida Single Family Homes 2018 2'nd Quarter Report

The second quarter for 2018 showed continued strong activity when compared to last year for the Florida single family home market.  And, prices continue to rise at a pretty strong pace.

To view the full report click the image above or this link.

View the entire set of data at GabeSanders.com market data page.

Florida Single Family Homes 2018 2’nd Quarter Report

Hobe Sound FL 33455 Condo Market Report July 2018

08.28.18 by

Hobe Sound FL 33455 Condo Market Report July 2018

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

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

There are currently 5 active condo listings. (Increased by 1 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2018

5 Condos are pending and awaiting close. (Up by 1 condo from June)

Hobe Sound FL 33455 Condo Market Report July 2018

3 Condos sold in July. (Unchanged from June)

 Hobe Sound FL 33455 Condo Market Report July 2018

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 1.3 months for July as compared to 6 months in June).  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 July 2017 numbers were: 19 active listings, 3 pending sales, and 0 closed sales.  Much better activity this year on hardly any inventory.

Hobe Sound FL 33455 Condo Market Report July 2018

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

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report July 2018

Hobe Sound FL 33455 Residential Market Report July 2018

08.27.18 by

Hobe Sound FL 33455 Residential Market Report July 2018

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

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

There are currently 192 active listings. (Unchanged from June)

Hobe Sound FL 33455 Residential Market Report July 2018

68 Residential sales are pending and awaiting close  (Down by 12 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2018

53 Homes Sold in July (Up by 4 homes from last month)

Hobe Sound FL 33455 Residential Market Report July 2018

The Hobe Sound Florida Market Report ZIP Code 33455 continues to show strong activity with closed sales up from last month while pending sales were off a bit on steady inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 3.6 months ( It was 3.9 months in June).  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 July 2017 were:  208 active listings, 82 pending sales, and 32 closed sales.  Considerably stronger closed sales this year along with weaker pending sales.

Hobe Sound FL 33455 Residential Market Report July 2018

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

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

Hobe Sound FL 33455 Residential Market Report July 2018

Mariner Village August 2018 Real Estate Market Report

08.26.18 by

Mariner Village August 2018 Market Report

For August 2018, there are three homes for sale in the Mariner Village gated community of Stuart FL.  Listing prices range from $289,900 up to $359,900 for an average list price of $323,233 which equals $176.82 per sq. ft. of living area.

There are currently four homes with pending sales that have not closed to date.  These homes were listed for prices that ranged from $219,900 up to $329,000 for an average list price of $276,475 or $164.05 per sq. ft. of living area.  These homes averaged 64 days on market before going under contract.

In the past 12 months, eighteen homes have sold in Mariner Village.  Sales prices ranged from a low of $253,000 up to a high of $388,500 for an average sales price of $303,972 which works out to $159.86 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 41 days prior to going under contract.

About Mariner Village:

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.

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

The HOA fees include 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 is conveniently located close to shopping, restaurants, beaches, medical facilities and belong to Martin County’s ‘A’ rated school system

Mariner Village August 2018 Real Estate Market Report

Inlet Village August 2018 Condo Real Estate Market Report

08.25.18 by

Inlet Village August 2018 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 August 2018.  List prices range from $214,900 up to $275,000 for an average list price of $246,633 which is $237.38 per sq. ft. of living area.

There are 2 condos currently under contract.  These condos were listed for $222,000 and $225,000 for an average list price of $223,500 which is $215.11 per sq. ft. of living area.  These two condos averaged 31 days on the market prior to going under contract.

In the past 12 months, 11 condos have sold in Inlet Village.  Sales prices ranged from $181,500 up to $405,000 for an average sales price of $260,168 which equal $235.47 per sq. ft. of living area.  These condos sold for an average of 96% of list price and were on the market for an average of 91 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.

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 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 (as of August 2018) were $500 a month and cover the common areas as well as building insurance and outside maintenance as well as water and sewer.

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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 August 2018 Condo Real Estate Market Report