Oceana South Condos on Hutchinson Island August 2018 Market Report

08.10.18 by

Oceana South Condos on Hutchinson Island August 2018 Market Report

As of August 2018, there is 1 condo for sale in Oceana South on Hutchinson Island in Jensen Beach FL.  This condo is listed for $259,000 which is $226.99 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 5 condos have sold.  Sales prices ranged from $247,500 up to $388,500 which averages to $299,000 or $280.81 per sq. ft. of living area.  These condos were on the market for an average of 91 days before going under contract and sold for an average of 95% of list price.

About the Oceana South Condos in Jensen Beach:

Oceana South Condos in Jensen Beach

The Oceana South Condo building on Hutchinson Island in Jensen Beach FL was completed in 1982.  This is a direct oceanfront building with 126 units in 12 stories.  Oceana South has two pools, Jacuzzi, tennis courts, exercise room, billiards, clubhouse, picnic area, car wash and is a gated complex with direct access to your own beach.

Oceana South Condos in Jensen Beach Oceana South Condos in Jensen Beach

Condo sizes vary from corner units with wrap around balconies that have 2 bedrooms and 2 bathrooms and feature 1,119 sq. ft. of living area under air, while the interior 2 bedroom, 2 bath condos have 1,023 sq. ft. with smaller balconies.  There are also 1 bedroom, 2 bath units with 89 sq. ft. of living area.  One lucky owner does have a penthouse double unit with 2,142 sq. ft. with 3 bedrooms and 3 baths.

Oceana South Condos in Jensen Beach Oceana South Condos in Jensen Beach

Condo fees as of the time this information was written (July 2018), are $497 per month.  These fees include building insurance, reserve funds, management and use of all the common areas.  1 pet under 30 lbs. is permitted (or two pets of 15 lbs. or less) and rentals are allowed with a minimum lease duration of three months.

Oceana South Condos in Jensen Beach Oceana South Condos in Jensen Beach

Oceana South is an excellent choice for those wishing to escape the harsh northern winters and enjoy a relaxing beach lifestyle with wonderful friendly neighbors.

Search here for currently available Oceana South Condos in Jensen Beach

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 – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Oceana South Condos on Hutchinson Island August 2018 Market Report

St Lucie County Townhouses and Condos June 2018 Market Report

08.08.18 by

St Lucie County Townhouses and Condos June 2018 Market Report

TheSt Lucie County Townhouses and Condos June 2018 Market Report showed weaker sales activity when compared to last year, but remains as an active market.  Closed sales were down by 18.7% from last year (was up by 10.2% in May) while new pending sales were down by 2.4% for June (was down by 14.6% in May).

Prices were also down from the same period last year.  The median price increased by 16.6% from last year (was up by 7.5% in May) while the average sales price decreased by 6.3% (was down by 1.4% in May).  After a long period of increasing prices, if this trend continues, this could be a signal for a change for this segment of the St. Lucie County real estate market.

The inventory of available townhouses and condos decreased by 7 units from last month to 524 units, which is 3.6% less than June 2017. The current supply is 5.2 months, which is 1.9% less than the 5.3 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market though it appears to be drifting towards a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos June 2018 Market Report

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

Islander 12 Condos Real Estate Market Report August 2018

08.08.18 by

Islander 12 Condos Real Estate Market Report August 2018

For August 2018, there are no condos available for sale in the Islander 12 condo community of Hutchinson Island in Stuart FL.

There are also no condos under contract.

In the past 12 months, there have been 3 sales in Islander 12.  These condos sold for prices ranging from $305,000 up to $310,000 which is an average sales price of $308,000 or $246.60 per sq. ft. of living area.  These condos were on the market for an average of 194 days before going under contract.  They sold for an average of 92% of list price.

About the Islander 12 Condos on Hutchinson Island:

Islander 12 Condos on Hutchinson Island

The Islander 12 Condos of Hutchinson Island in Stuart FL is a small condo community of only 12 units that were built in 1973.  This direct Ocean access condo community features 2 bedrooms, 2 bath condos varying in sizes from 1,360 sq. ft.  to 1,108 sq. ft. of living area.

Islander 12 Condos on Hutchinson Island Islander 12 Condos on Hutchinson Island

The Islander 12 has direct Ocean access across the Dunes and a heated pool.  Each unit has under-building parking for 1 car with additional uncovered spaces for guests or additional vehicles.

Islander 12 Condos on Hutchinson Island

This is a pet-friendly building and rentals are also allowed.  The current Condo association fees are $607 per month (June 2018).

Located close to the Stuart Causeway, Publix supermarket, downtown Stuart.

Islander 12 Condos on Hutchinson Island Islander 12 Condos on Hutchinson Island

Search here for any Islander 12 Condos for Sale in Stuart FL

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

 Islander 12 Condos Real Estate Market Report August 2018

St Lucie County Single Family Homes June 2018 Market Report

08.07.18 by

St Lucie County Single Family Homes June 2018 Market Report

St Lucie County Single Family Homes June 2018 Market Report had mostly weaker sales activity when compared to last year, but remains a very strong real estate market.  Closed sales were down by 9.3% (in May they were up by 1.0%) and new sales under contract (new pending sales) increased by 0.4% (they were down by 0.8% last month).

Prices, however, continued their upward march for the month.  The median and average sales prices up by 12.4% and 8.7% respectively from last June (For May these numbers were up 8.8% and 7.8%).  These price rises are a bit less severe than we’ve experienced in the past few months.

Active listings decreased by 77 homes down to 1,514 homes.  This inventory is 4.4% lower than last year.  The current supply of homes is  3.3 months (was 3.5 months for May) 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.

St Lucie County Single Family Homes June 2018 Market Report

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

Duckwood Real Estate August 2018 Market Report

08.07.18 by

Duckwood Real Estate August 2018 Market Report

For August 2018, there are no homes available for sale in Duckwood.

There are also no homes under contract at this time.

In the past 12 months, 10 homes have sold in Duckwood.  Sales prices ranged from a low of $185,000 up to a high of $255,000 for an average sales price of $213,310 which works out to $145.81 per sq. ft. of living area.  These homes were on the market for an average of 41 days before going under contract and sold for 95% of list price.

 About Duckwood in Stuart FL:

Duckwood in Stuart FL

The Duckwood community of Stuart FL is an active senior community in the southern part of unincorporated Stuart, just south of Cove Rd and west of US-1 (Federal Highway) adjacent to the Summerfield community and the Champions Golf Club.

Duckwood in Stuart FL Duckwood in Stuart FL

Duckwood has 140 single family homes of various sizes and shapes ranging from just over 2,000 sq. ft. with 3 bedrooms and 2 bathrooms down to under 1,000 sq. ft. of living area with 2 bedrooms and 2 bathrooms.  Homes in Duckwood were built between 1986 and 1990.

Duckwood in Stuart FL Duckwood in Stuart FL

Duckwood is one of Stuart’s most sought after 55+ communities! This community features a wonderful clubhouse on the lake with community pool, billiard room, hobby shop, bocce ball & shuffleboard! Set among the tall pines, Duckwood offers the privacy & feel of country living, all within minutes of shopping, I-95 & the beaches! You will feel like you have stepped back in time with Duckwood’s neighborhood feel! This comes with a low HOA fee of $103 a month (as of July 2016).  Pets and rentals are permitted with some restrictions.

Click here to see if any Duckwood homes are available to purchase

Duckwood Real Estate August 2018 Market Report

Martin County Townhouses and Condos June 2018 Market Report

08.06.18 by

Martin County Townhouses and Condos June 2018 Market Report

Martin County Townhouses and Condos June 2018 Market Report showed mixed sales activity when compared to June of 2017.  Closed sales for the month were up by 29.5% (were up by 13.0% in May) while new sales under contract (new pending sales) were down by 15.9% from June 2017 (increased by 20.8 in May).

Prices were mixed for this month with very little gain or loss.  The median sales price increased by 0.3% (was up by 6.3% in May) while the average sales price decreased by 0.9% (was up by 5.1% in May) as compared to June of 2017.

The inventory of available townhouses and condos decreased by 33 units to 359 properties as compared to last month.  This is 9.3% less inventory then the June 2017 data.  Currently, there’s a 3.5 month supply of inventory (compared to 4.3 months for June 2017).  Remaining in a strong seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos June 2018 Market Report

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

Florida Townhouses and Condos June 2018 Market Report

08.02.18 by

Florida Townhouses and Condos June 2018 Market Report

The Florida Townhouses and Condos June 2018 Market Report remained a strong market with slightly better activity when compared to last year.  Closed sales were up by 1.2% as compared to last month’s increase of 4.1% and new sales under contract (new pending sales) increased by 0.0% (In May there was a 2.2% increase).

Prices, also, continued to risesignificantly for June.  Median sales prices were up by 7.5% (was up by 6.0% in May), while the average sales price increased by 9.6% (was up 7.9% in May).

The inventory of active listings decreased by 2.8% from June of last year.  For June 2018 we have 5.5 months of inventory (was 5.7 months in May) and compared to 5.8 months for June 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 June 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 June 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 June 2018 Market Report

Florida Single Family Homes June 2018 Market Report

07.31.18 by

Florida Single Family Homes June 2018 Market Report

The Florida Single Family Homes June 2018 Market Report showed weaker activity when compared to last year but remains very active. Closed sales were down by 1.3% (were up by 0.8% in May) and new sales under contract (new pending sales) were down by 3.3% (were down by 0.1% in May).

Prices are still going up though.  The median and average sales prices up by 6.1% and 7.7% respectively, compared to May’s 6.7% and 6.5%.

The inventory of available homes for sale fell by 1.1% from last year.  For June there was a 3.9 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (June 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 June 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes June 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 June 2018 Market Report

Hobe Sound FL 33455 Condo Market Report June 2018

07.30.18 by

Hobe Sound FL 33455 Condo Market Report June 2018

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

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

There are currently 4 active condo listings. (Decreased by 2 condos from May)

Hobe Sound FL 33455 Condo Market Report June 2018

5 Condos are pending and awaiting close. (Unchanged from May)

Hobe Sound FL 33455 Condo Market Report June 2018

3 Condos sold in June. (Increased by 2 condos from May)

 Hobe Sound FL 33455 Condo Market Report June 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.

The absorption rate for Hobe Sound condos was 1.3 months for June as compared to 6 months in May).  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 June 2017 numbers were: 15 active listings, 4 pending sales, and 3 closed sales.  Similar sales and pending activity to last year on an inventory that is two thirds less.

Hobe Sound FL 33455 Condo Market Report June 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 June 2018

Edgewater Villas Condominiums July 2018 Market Report

07.29.18 by

Edgewater Villas Condominiums July 2018 Market Report

For July 2018 there are no condos available for sale in the Edgewater Villas of Stuart FL.

There are no condos under contract at this time.

In the past 12 months, 3 Edgewater Villas condos have sold.  The sales prices ranged from $345,000 up to $450,000 for an average sales price of $393,333 which equals $251.98 per sq. ft. of living area.  These condos sold for an average of 97% of list price and went under contract in an average of 30 days on the market.

About the Edgewater Villas Condominiums:

Edgewater Villas real estate in Stuart FL

Just west of Historic Downtown Stuart and on the shores of the Saint Lucie River lies the Edgewater Villas Condominiums. This complex consists of two waterfront buildings of four stories on over 2 acres that were built in 1976. These are luxury condos with either two bedrooms, two bathrooms and a spacious 1,561 sq. ft. of air-conditioned living area or 3 bedrooms and two bathrooms with 1,684 sq. ft. There are only four condos per floor in these buildings.

Edgewater Villas real estate in Stuart FL

This community offers deep water docks which are just west of the Roosevelt Bridge and the City of Stuart docks and mooring fields. There is a large heated pool as well as a clubhouse with a kitchen, billiard room as well as a common area member’s room.

Edgewater Villas real estate in Stuart FL

The current condo fees (as of Dec. 2015) were $530 a month and this includes basic cable TV, landscape/lawn, manager, recreation facilities, roof repair, trash and water and sewer fees. Up to two large pets are permitted for each unit and rentals are allowed with some restrictions.

Edgewater Villas real estate in Stuart FL

These Edgewater Villas Condos are very conveniently located and residents can easily walk to downtown Stuart as well as shops on US-1 (Federal Hwy).

Edgewater Villas real estate in Stuart FL

All ages are welcome and children living here currently attend the JD Parker Elementary School, Stuart Middle School and Jensen Beach High School.

Click here to see if any Edgewater Villas Condos are for sale!

Edgewater Villas Condominiums July 2018 Market Report

Circle Bay Waterfront Condos Stuart FL July 2018 Market Report

07.28.18 by

Circle Bay Waterfront Condos Stuart FL July 2018 Market Report

As of July 2018, there are 5 condos for sale in the Circle Bay Yacht Club of Stuart FL.   Listing prices range from $131,000 up to $235,000.  The average listing price $188,800 which equals a price per square foot of living area of $186.00.

There are no Circle Bay condos under contract at this time.

In the past 12 months, 24 Circle Bay Waterfront Condos have sold.  Sales prices ranged from a low of $119,900 up to $292,500 for an average sales price of $187,063 which is $183.55 per sq. ft.  These condos sold for an average of 94% of the last listed price and in an average of 87 days on market prior to accepting an offer that resulted in the sale.

About the Circle Bay Yacht Club Condos in Stuart FL:

Circle bay Yacht Club Stuart FL Circle bay Yacht Club Stuart FLThe Circle Bay condo complex is a waterfront 55+ condo community with docks (for boats up to 36′) that have easy wide river and ocean access.  Docks are not deeded, rather rented at reasonable monthly rates.  Heated pools, clubhouse, grills, etc. are some of the numerous amenities available for residents of the Circle Bay Yacht Club.  Rentals are permitted with restrictions.  Sorry, no pets.  Circle Bay has both elevator and non-elevator buildings.  Covered car ports.

Circle bay Yacht Club Stuart FL Circle bay Yacht Club Stuart FL

 Search here for:

Circle Bay Waterfront Condos Homes for Sale in Palm City Florida

 

Circle Bay Waterfront Condos Stuart FL July 2018 Market Report

Hobe Sound FL 33455 Residential Market Report June 2018

07.27.18 by

Hobe Sound FL 33455 Residential Market Report June 2018

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

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

There are currently 192 active listings. (Increased by 8 homes from May)

Hobe Sound FL 33455 Residential Market Report June 2018

80 Residential sales are pending and awaiting close  (Down by 12 homes from May)

Hobe Sound FL 33455 Residential Market Report June 2018

49 Homes Sold in June (Down by 14 homes from last month)

Hobe Sound FL 33455 Residential Market Report June 2018

The Hobe Sound Florida Market Report ZIP Code 33455 slowed slightly from last month’s toridpace but remains a very active real estate market.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased to 3.9 months ( It was 2.9 months in May).  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 June 2017 were:  178 active listings, 69 pending sales, and 53 closed sales.  Interestingly Hobe Sound is one of the few areas in Martin County with higher inventory this year than last year.  Closed sales were slightly lower while pending sales were higher for this June.

Hobe Sound FL 33455 Residential Market Report June 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 June 2018

Monarch Country Club Real Estate Market Report July 2018

07.27.18 by

Monarch Country Club Real Estate Market Report July 2018

There are currently 8 active listings in the Monarch Country Club in Palm City FL.  List prices range from $299,900 up to $600,000 for an average list price of $450,349 which works out to $192.57 per sq. ft. of living area.

There are 12 homes under contract which have not yet closed to date.  List prices were from $229,000 up to $469,000 for an average of $341,908 or $169.95 per sq. ft. of living area.  These homes were on the market for an average of 73 days before going under contract.

In the past year (12 months back), 27 homes have sold in the Monarch Country Club.  Sales prices ranged from a low of $215,000 up to $585,000 for an average sales price of $376,778 which equals $169.43 per sq. ft. of living area.  These homes sold on average at 96% of the last list price and were on the market for an average of 51 days before going under contract.

About the Monarch Country Club

One of Palm City’s premier neighborhoods, Monarch Country Club is home to the ‘Monarch’ Golf Course in a wonderful gated community of approximately 500 homes.

entrance to the Monarch Country Club

Homes in the Monarch Country Club range in size from estate sized homes with over 3,800 sq. ft. of living area and up to 5 bedrooms and 4 bathrooms with 3 car garages down to smaller attached villas with a more modest 1,300 sq. ft. of living area and 2 bedrooms, 2 bathrooms and a 2 car garage.  For those living in the Monarch Country Club, membership in the golf club is not mandatory and there are a number of social memberships also available including tennis and community pool memberships.

clubhouse of the Monarch Country Club

As of July 2018, the HOA fees (not including golf or social) ranged from just under $400 up to $450 a month depending on the size and the section of Monarch the home is located in. All ages and pets are welcome in Monarch and children are currently zoned to attend the Bessey Creek Elementary School, Hidden Oaks Middle School and Martin County High School.

swimming pool of the Monarch Country Club

This community is well located in Palm City close to Florida’s Turnpike for commuters and with easy access to shopping, restaurants, medical facilities and the many boat ramps and waterways in Martin County.

tennis courts in the Monarch Country Club

The championship course at Monarch boasts 6,867 yard par 72 with a slope of 133 and a rating of 73.6.  Shorter options exist for all levels of play.  This is an Arnold Palmer designed course that opened in 1987 and is currently managed as a ClubCorp facility.

clubhouse at the Monarch Country Club

There’s a beautiful clubhouse with pro shop, fine dining room, snack bar and outside bar that is open to club members and residents of Monarch Country Club.  The two story structure offers beautiful views of the emerald green fairways of the ‘Monarch’ course at the Monarch Country Club.  This fine facility is also available for business, social conferences and weddings.  Adjacent to the clubhouse is a professional caliber tennis facility with six perfectly maintained, lighted Har-Tru courts. A full-service Pro Shop is available to suit all of your needs. Lessons, groups, tournaments are all accommodated by the friendly staff.

Homes in the Monarch Country Club

Currently there are a number of fine homes available for sale in the Monarch Country Club, ranging from smaller attached villas to larger estate homes with magnificent lake and golf course views.

Here are the currently available Monarch Country Club Homes for Sale

Monarch Country Club Real Estate Market Report July 2018

 

Jensen Beach FL 34957 Condo Market Report June 2018

07.26.18 by

Jensen Beach FL 34957 Condo Market Report June 2018

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

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

There are currently 103 active listings. (Decreased by 5 condos from May)

Jensen Beach FL 34957 Condo Market Report June 2018

38 Condo sales are pending and awaiting settlement. (Down by 5 condos from May)

Jensen Beach FL 34957 Condo Market Report June 2018

31 Condos Sold (Unchanged from May)

Jensen Beach FL 34957 Condo Market Report June 2018

 The Jensen Beach FL 34957 Condo Market Report for June continued to show strong sales activity.  Small decreases in pending sales and inventory as compared to last month.

The one-month absorption rate for the June 2018, Jensen Beach Florida Market Report ZIP Code 34957 decreased to 3.3 months (from 3.5 months in May), still in a seller’s market.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The June 2017 numbers were: 105 active listings, 44 pending sales, and 31 condos closed.  Not any significant difference from last years numbers.

Jensen Beach FL 34957 Condo Market Report June 2018

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

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report June 2018

Mystic Cove Real Estate Market Report for July 2018

07.26.18 by

Mystic Cove Real Estate Market Report for July 2018

As of July 2018, there is 1 home on the market in the Mystic Cove community of Hobe Sound FL.   This home was listed for $624,000 or $176.67 per square foot of living area.

There are no homes under contract (pending) at this time.

In the past 12 months, 6 home has sold.  Sales prices ranged from $440,000 up to $552,500 for an average sales price of $485,083 which is $201.42 per square foot of living area. These homes averaged 75 days on the market prior to going under contract and they sold for an average of 96% of list price.

About Mystic Cove in Hobe Sound:

Mystic Cove

Mystic Cove in Hobe Sound is a gated community of only 35 lots.  As of this writing, there are still 2 vacant lots which have yet to be built upon.  This is a waterfront community on the Intracoastal Waterways and just on the east side of Gomez Ave about a half mile north of Bridge Road (which accesses Jupiter Island and the shores of the crystal clear waters of the Atlantic Ocean.

Mystic Cove Mystic Cove

Mystic Cove has 16 deeded docks to owners within the community that are accessible via a boardwalk through the mango preserve area.  These docks may have lifts with electricity and water available.  Access to the Ocean is either through the Saint Lucie Inlet in Stuart or the Jupiter Inlet in Jupiter.

The homes in Mystic Cove were built from 1989 to 2008 and range in size from just under 2,000 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to over 3,500 sq. ft. and 4 bedrooms and 4 bathrooms.  All of these lots are over one-quarter of an acre with the largest lots just over one-third of an acre.

Mystic Cove Mystic Cove

HOA fees as of June 2018 are $117.00 a month for homes without docks and $166.00 for homes with docks.

Children in Mystic Cove are zoned to attend the Hobe Sound Elementary School, Murray Middle School and the South Fork High School.

Click on this link to see available homes for sale in Mystic Cove

For a complete list of available homes that include non-Martin County MLS listings please email or call Gabe Sanders at 772-888-2885

Mystic Cove Real Estate Market Report for July 2018

Jensen Beach FL 34957 Residential Market Report June 2018

07.25.18 by

Jensen Beach FL 34957 Residential Market Report June 2018

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

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

 There are currently 170 active listings. (Up by 11 from last month)

Jensen Beach FL 34957 Residential Market Report June 2018

77 Residential sales are pending and awaiting close or lender approval. (Down by 13 homes from May)

Jensen Beach FL 34957 Residential Market Report June 2018

59 Homes Sold (Decreased by 1 homes from May)

Jensen Beach FL 34957 Residential Market Report June 2018

The Jensen Beach FL 34957 Residential Market continues to have very strong activity.  The Jensen beach inventory is also not significantly lower than last year, which is unusual for Martin County.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 inched up to 2.9 months ( was 2.7 months in May).  Remaining in a very 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 June 2017 numbers were: 176 active listings, 58 pending sales, and 47 home sales closed.  There was considerably stronger activity this year as compared to last year.
Jensen Beach FL 34957 Residential Market Report June 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

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

Jensen Beach FL 34957 Residential Market Report June 2018

Egret Pond July 2018 Real Estate Market Report

07.25.18 by

Egret Pond July 2018 Real Estate Market Report

As of July 2018, there are 2 homes on the market in Egret Pond community of the Martin Downs Country Club of Palm City FL with list prices of $239,000 and $249,977 for an average list price of $244,489 which equals $163.43 per square foot of living area.

There are 3 homes under contract (pending) awaiting their closing. These homes were listed from $230,000 up to $265,000 which averages to $243,438 or $145.84 per square foot of living area. These homes were on the market for an average of 58 days prior to going under contract.

In the past 12 months, 6 homes have sold.  Sales prices ranged from $190,000 up to $255,000 for an average sales price of $226,667 which equals $144.05 per square foot of living area.  The average days on market for these home sales was 50 days and the average list to sales price was at 96%.

About Egret Pond in Martin Downs:

Egret Pond in Martin Downs

The Egret Pond community is a section of the Martin Downs Country Club of Palm City with 86 homes that were built in 1984 and 1985.  These homes range in size from 2 bedroom, 2 bathroom and 1 car garage homes with just over 1,300 sq. ft. of living area up to 3 bedroom, 2 bathroom and 1 car garage with a little over 1,700 sq. ft. of livable space under AC.

Egret Pond in Martin Downs Egret Pond in Martin Downs

These are all concrete block construction homes with flat cement tile roofs.  The HOA fees are $240 per month which includes landscaping and lawn maintenance, basic cable TV, a reserve fund for the common areas, exterior painting and security. Martin Downs is a guard gated community with roving security patrols as needed.

Egret Pond in Martin Downs Egret Pond in Martin Downs

All ages and pets are welcome in Egret Pond.  Children are currently zoned to attend the Crystal Lake Elementary, Hidden Oaks Middle, and Martin County High Schools.

Egret Pond in Martin Downs Egret Pond in Martin Downs

Also, very conveniently located close to Florida’s Turnpike for those looking to travel to parts north or south.  Egret Pond is a very affordable and excellent choice for those looking for a home within the Palm City area of Martin County.

http://realestate.gabesanders.com/i/egret-pond-in-martin-downs

Egret Pond July 2018 Real Estate Market Report

Palm City FL 34990 Condo Market Report June 2018

07.24.18 by

Palm City FL 34990 Condo Market Report June 2018

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for June 2018

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

There are currently 86 active condo listings. (Decreased by 1 condos from May)

   Palm City FL 34990 Condo Market Report June 2018

8 Condo sales are pending and awaiting close or lender approval. (Down by 3 condos from last month)

Palm City FL 34990 Condo Market Report June 2018

9 Condos Sold in June. (Unchanged from May)

Palm City FL 34990 Condo Market Report June 2018

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For June there wasn’t much change in activity when compared to last month.  The Palm City condo market is hampered by two equity golf course communities with slow sales in the current environment.

The current absorption rate for condos in the 34990 zip code area inched down to 9.6 months (was 9.7 months in July).  Still in a buyer’s market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The June 2017 numbers were: 75 active listings, 10 pending sales, and 6 closed sales.  This is one of the few segments of the Martin County real estate market with a higher inventory of properties for sale this year when compared to last June.  Sales were slightly higher while pending sales were off this year.
Palm City FL 34990 Condo Market Report June 2018
Are you interested in the value of your Palm City FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Stuart Florida Real Estate presented by:
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Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report June 2018

Schooner Oaks July 2018 Real Estate Market Report

07.24.18 by

Schooner Oaks July 2018 Real Estate Market Report

For July 2018 there are 2 homes for sale in Schooner Oaks in Stuart, FL.  These homes are listed for sale with prices of $257,900 and $265,000 for an average list price of 261,450 or $163.41 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 5 Schooner Oaks homes have sold.  They sold for a low price of $200,000 to a high price of $286,000 for an average sold price of $236,200 which equals $130.23 per sq. ft. of living area. These homes went under contract in an average of 17 days and sold for 94% of list price.

About Schooner Oaks in Rocky Point:

Schooner Oaks in Rocky Point

The Schooner Oaks community of Rocky Point in Stuart FL is a townhouse style complex under condo association rules.  There are 86 units of varying sizes that were built from 1985 till 1997.

Schooner Oaks in Rocky Point Schooner Oaks in Rocky Point

These townhouses vary from the largest one with 4 bedrooms and 4 bathrooms and 2,140 sq. ft. of living area down to 2 bedroom, 2 bath condos with around 1,400 sq. ft. of living area.  Most units come with an attached single car garage.

Schooner Oaks in Rocky Point Schooner Oaks in Rocky Point

Residents enjoy the use of a clubhouse with billiards, fitness room, heated pool, spa and tennis courts.  There’s a waterfront gazebo with a day dock and fishing pier off the Intracoastal Waterway with views toward the Saint Lucie Inlet of the Atlantic Ocean.

Schooner Oaks in Rocky Point Schooner Oaks in Rocky Point

This is a pet friendly community allowing for up to two large pets.   Rentals are also allowed and there are some vehicle restrictions. The current HOA fees are $570 per month.  These fees cover Assessment Fee, Cable, Common Areas, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Insurance-Other, Janitor, Lawn Care, Legal/Accounting, Maintenance – Repair, Maintenance Exterior, Management Fees, Manager, Pest Control, Pool Service, Reserve Funds, Roof Maintenance and Trash Removal.

Search here for any available Schooner Oaks Condos for sale

Schooner Oaks July 2018 Real Estate Market Report

 

Palm City FL 34990 Residential Market Report June 2018

07.23.18 by

Palm City FL 34990 Residential Market Report June 2018

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

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

 There are currently 333 active listings (Decreased by 7 homes from May)

Palm City FL 34990 Residential Market Report June 2018

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

Palm City FL 34990 Residential Market Report June 2018

111 Homes Sold in May (Up by 5 homes from May)

Palm City FL 34990 Residential Market Report June 2018

The Palm City FL, zip code 34990 residential real estate market showed a slight increase in closed sales volume and a fairly large drop in pending sales.  We continue to show a need for greater inventory (number of homes available for sale) in Palm City.
The monthly absorption rate inched down to 3.0 months from 3.2 months in May.  Remaining in a strong seller’s 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 June 2017 numbers were:  386 active listings, 171 pending sales, and 96 closed sales. There was a slightly better-closed volume for this year with fewer pending sales.  All of this on significantly lower number of available homes for sale.

Palm City FL 34990 Residential Market Report June 2018

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

 Search here for Palm City Florida Real Estate for Sale:

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

 

Palm City FL 34990 Residential Market Report June 2018