Canoe Creek Real Estate Market Report July 2018

For July 2018 there are 2 homes for sale in Canoe Creek in Palm City. These homes are listed for sale with prices of $389,000 and $595,000 which is an average list price of $492,000 or $140.82 per sq. ft. of living area.

There are 3 homes currently under contract in Canoe Creek in Palm City. These homes were listed at prices ranging from $369,888 up to $459,900 for an average list price of $413,263 which works out to $192.83 per sq. ft. of living area.

In the past 12 months, 6 homes hasve sold in Canoe Creek. The sales prices ranged from $345,400 up to $437,500 which averages to $384,131 and equals $158.45 per sq. ft. of living area. These homes went under contract in an average of 116 days after going on market and sold for an average of 98% of list price.

About Canoe Creek Real Estate in Palm City:

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Canoe Creek in Palm City is a wonderful family community filled with just a little over 100 captivating homes that have plenty of room for your family to grow. Each home has a spacious yard with beautiful manicured Florida foliage that creates a tranquil backdrop. Lot sizes in Canoe Creek begin at 1/2 acre with a few lots of up to just over an acre. Home sizes range from over 4,000 sq. ft. of living area with 5 bedrooms, 5 bathrooms and 3 car garages down to more modest 3 bedroom, 2 bathroom homes of under 2,000 sq. ft. of living area. Homes in Canoe Creek had numerous builders and were completed between the years of 1980 and 1995.

The neighborhood is approximately 25 minutes from gorgeous stretches of beaches in Stuart. Canoe Creek is close to great ‘A’ rated schools, recreation, and the exciting and beautiful Downtown Stuart while still close to I-95 and Florida’s Turnpike for those needing to commute or wishing to travel either north or south.

Low HOA fees of $150 per quarter make this an easily affordable community in a subdivision that offers privacy with room to spare between homes with individual mostly custom designed and built homes at an affordable price.

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Canoe Creek Real Estate Market Report July 2018

Summerfield Real Estate Market Report July 2018

07.22.18 by Gabe Sanders

Summerfield Real Estate Market Report July 2018

As of July 2018, there are 3 homes on the market in Summerfield ranging in listing price from $379,900 up to $517,500 for an average list price of $432,433 which equals $189.36 per square foot of living area.

There are 5 homes under contract (pending) awaiting their closing. Listing prices ranged from $374,800 up to $725,000 for an average list price of $502,938 which is $202.32 per square foot of living area. These homes averaged 56 days on the market prior to receiving an accepted offer.

In the past 12 months, 19 homes have sold. Sales prices ranged from $270,000 up to $410,000 for an average sales price of $343,653 which equals $182.10 per square foot of living area. Thes homes averaged 70 days on the market before going under contract and the average list to sales price was at 97%.

About Summerfield the Home of the Champions Golf Club:

Summerfield is located on over 275 acres and hosts a little over 500 single family homes adjoining the Champions Golf Course. Selected as one of the top 10 Golf Courses he nation by Golf Magazine in 1995, it is the first public golf course awarded the Audubon Signature Sanctuary Statuary because of its natural beauty. This Tom Fazio designed course is open to the public with very reasonable membership fees. Visit the Champions Course web site for more information at http://www.thechampionsgolfclub.com/

The residential section is known as Summerfield and is a secured gated community with homes ranging in size from smaller 2 bedroom coach homes of around 1500 square feet up to 5 bedroom estate homes boasting over 3,000 square feet of living area.

Summerfield boasts an exceptionally large community pool and clubhouse with dining and entertainment facilities, fitness center and a professional 6 court Tennis club. All of these amenities available at very reasonable HOA fees, along with the convenience of on-site manager to handle any issues that may arise.

Very conveniently located near US-1 and Cove Rd, residents can enjoy close proximity to shopping, medical facilities with downtown Stuart only minutes away and only 30 minutes to the palm Beaches. Easy access to I-95 where travel to Orlando or Miami is only 2 hours by car.

The following homes are currently available for sale in Summerfield:

Summerfield Homes for Sale

Stuart Florida Real Estate

Summerfield Real Estate Market Report July 2018

Rio Vista in Sewalls Point July 2018 Market Report

07.21.18 by Gabe Sanders

Rio Vista in Sewalls Point July 2018 Market Report

As of July 2018, there is 1 Rio Vista home for sale in Sewalls Point. This home was listed for $399,900 or $229.30 per sq. ft. of living area.

There is one home currently under contract. The list price was $429,000 or $235.71 per sq. ft. of living area. This home was on the market for 114 days before going under contract.

In the past 12 months, 8 Rio Vista homes have sold with sales prices ranging from $365,000 up to $1,450,000 for an average sales price of $770,250 which equals $269.55 per square foot of living area. These homes averaged 139 days on market before going under contract and sold for 96% of list price.

About Rio Vista in Sewalls Point:

Rio Vista in Sewalls Point

The Rio Vista subdivision of South Sewalls Point spans the mid portion of the South Sewalls Point peninsula from the Indian to the Saint Lucie River. Starting out at a low elevation on the east up to the higher bluffs of the Saint Lucie River with waterfront homes on both sides and non-waterfront homes in between. Rio Vista includes those 106 homes and lots that are located on Rio Vista Dr, Lantana Lane, S. Sewalls Point Rd and S River Rd.

Rio Vista in Sewalls Point

Homes in Rio Vista were built from 1975 to some newer construction with one just being finished in 2015. Home sizes range from a low of around 1,500 sq. ft. with either 2 or 3 bedrooms and 2 baths all the way to a 15,000 sq. ft. mansion with 8 bedrooms and 15 bathrooms.

Rio Vista in Sewalls Point

The Rio Vista subdivision is part of the town of Sewalls Point and there are no specific amenities or fees that are unique to this portion of Sewalls Point. The Rio Vista portion of Sewalls Point is a very desirable area in Martin County and remains in great demand for its location, amenities and life style possibilities.

There are no HOA fees in the Rio Vista neighborhood of Sewalls Point as it is within the town city limits.

Click here to search for any Rio Vista homes for Sale in Sewalls Point

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Rio Vista in Sewalls Point July 2018 Market Report

Stuart FL 34997 Condo Market Report June 2018

07.20.18 by Gabe Sanders

Stuart FL 34997 Condo Market Report June 2018

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

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

There are currently 50 active condo listings (Unchanged from May).

26 Condo sales are pending and awaiting close (Also unchanged from May).

Stuart FL 34997 Condo Market Report June 2018

18 Condos Sold in June (Increased by 1 condos from May).

Stuart FL 34997 Condo Market Report June 2018

The Stuart FL condo market for zip code 34997 had identical activity to last month with the exception of one additional closed sale this month.

The absorption rate inched down to 2.8 months in June compared to 2.9 months for May. Remaining in a strong seller’s market for the 34997 zip code of Stuart FL. A 6 to 7-month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The June 2017 numbers were: 50 active listings, 33 pending sales, and 7 closed sales. Better sales activity this year while the pending sales were a bit stronger last year. The inventory remained unchanged from last year as well.

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Stuart FL 34997 Condo Market Report June 2018

Pine Ridge Condos in Palm City July 2018 Market Report

07.20.18 by Gabe Sanders

Pine Ridge Condos in Palm City July 2018 Market Report

There are 2 condos for sale in Pine Ridge at Martin Downs in Palm City FL for July 2018. List prices are $97,888 and $119,900 for an average list price of $108,894 which is $98.02 per sq. ft. of living area.

There are also 2 condos under contract. List prices were $134,900 and $174,900 for an average of $154,900 which works out to $120.28 per sq. ft. of living area. These condos averaged 22 days on market before going under contract.

In the past 12 months, 23 condos have sold in Pine Ridge. Sales prices ranged from a low of $87,500 to a high of $165,000 for an average sales price of $137,595 which equals $115.13 per sq. ft. of living area. These condos sold for an average of 94% of list price and were on the market for an average of 73 days before going under contract.

About the Pine Ridge Condos at Martin Downs:

The Pine Ridge Condos at Martin Downs is a wonderful gated complex in Palm City. Entrance is through the gates at Matheson Ave on the south side of Martin Downs Blvd, just south of the Monarch Golf Club. Very well located close to Florida’s Turnpike as well as shopping and just a short ride to downtown Stuart and the waterways as well as golf courses that Martin County offers.

Pine Ridge was built from 1986 through 1995 and consists of both condos as well as villas. There are numerous floor plans ranging from 3 bedroom, 2 bath units with 1486 sq. ft. of living area to 2 bedroom, 2 bath of 1111 sq. ft. down to 830 sq. ft. 1 bedroom, 1 bath condos. Some condos come with a detached garage while the rest have assigned parking along with lots of space for guest parking as well.

There are two lakes on the grounds as well as a community swimming pool, tennis courts, and a bocce court. Two small pets are permitted. And, no trucks or motorcycles are allowed. As of July 2018, the condo association fees ranged from $290 to $390 per month depending on the size and location of the condo.

This is a wonderful community welcoming all ages and one of the most affordable options for those wishing to live in Palm City. Especially desirable for young families who wish to take advantage of Palm City’s ‘A’ rated schools.

Click this link to search for available Pine Ridge Condos for Sale

Pine Ridge Condos in Palm City July 2018 Market Report

Stuart FL 34997 Residential Market Report June 2018

07.19.18 by Gabe Sanders

Stuart FL 34997 Residential Market Report June 2018

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

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

There are currently 263 active listings (Increased by 4 homes from May).

149 Residential sales are pending and awaiting close or lender approval (Decreased by 7 homes from May).

94 Homes Sold in June (Increased by 1 homes from May)

The Stuart Florida Residential Market for ZIP Code 34997 remains very active with strong sales and pending sales. The inventory remained relatively steady for this month after numerous months of decreases in thenumber of available homes for sale.

The absorption rate remained almost unchanged at 2.79 months (was 2.8 months for May). Remaing in a very strong seller’s market for the 34997 zip code area of Stuart for June 2018. Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.

The 2017 numbers for June, were: 261 active listings, 180 pending listings, and 87 closed sales. Slightly better sales volume for this June but also a smaller number of pending sales.

Stuart FL 34997 Residential Market Report June 2018

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Stuart FL 34997 Residential Market Report June 2018

Stuart FL 34996 Condo Market Report June 2018

07.18.18 by Gabe Sanders

Stuart FL 34996 Condo Market Report June 2018

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

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

There are currently 106 active condo listings (Down by 12 condos from last month).

38 Condo sales are pending and awaiting close or lender approval (Down by 8 condos from May).

29 Condos Sold in June (Down by 11 condos from May)

The Stuart FL 34996 Condo Market of Stuart remains a very active market. Sales and pending sales were off from last month and the inventory continues to decline. Hopefully, this is just a seasonal slow down which is typical for condos in our area.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 3.7 months from May’s 3.0 months. Still in a strong sellers’ market for this segment of Martin County condos. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for June 2017 were: 132 active listings, 40 pending sales, and 26 closed sales. Very similar activity as compared to last year with a significantly lower number of available condos for sale (inventory).

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Stuart FL 34996 Condo Market Report June 2018

Portofino Condos at Jensen Beach July 2018 Market Report

07.18.18 by Gabe Sanders

Portofino Condos at Jensen Beach July 2018 Market Report

As of July 2018, there are 2 condos available for sale in Portofino. List prices are $143,000 and $172,500 which averages to $157,750 or $147.44 per sq. ft. of living area.

There are no condos under contract at this time.

In the past 12 months, 14 condos have sold in Portofino, ranging in sales price from $95,000 up to $175,000 for an average sales price of $138,439 which equals a price per sq. ft. of $136.22. The average days on market was 42 and the average list to sales price ratio was 96%.

About the Portofino Condos at Jensen Beach:

Portofino of Jensen Beach is a gorgeous gated condo community that’s just great for families or singles. Portofino offers fantastic amenities such as a resort-style pool and hot tub, a state-of-the-art fitness center, and an indoor air-conditioned racquetball court along with outdoor tennis court. A business center is also available that delivers the conveniences of a home office, with computers, a copier, and a fax machine to keep you connected. A children’s playground is also available. This community is only 10 minutes from the beaches, and it is just minutes to both Jensen Beach Elementary School and Jensen Beach High School. Jensen Beach students also attend Stuart Middle School which is only about 15 minutes away.

Portofino Condos at Jensen Beach

Portofino Condos at Jensen Beach is one of the newest condominium subdivisions in Martin County. Originally built as an upscale apartment complex around 2000, this development was turned into condominiums and began sales in 2005. Due to the downturn in the housing market, not all units were sold and some are now being offered for lease. Portofino Condos at Jensen Beach July 2018 Market Report features 1, 2 and 3 bedroom units with separate garage parking as an added purchase when available. Unit sizes are 802 sq. ft. for the 1 Bedroom 1 bath, 1074 sq. ft. for the 2 Bedroom 2 bath, and 1252 sq. ft. for the 3 Bedroom 2 bath.

With a total of 384 units, there are 116 one-bedroom, 196 two-bedroom, and 72 three-bedroom units within Portofino that are spacious and include balconies! Portofino provides luxury living for its residents, set in a peaceful Florida preserve atmosphere, many with lake views. Living in Portofino of Jensen Beach you will feel like you are on vacation year round!

The Condo Owners Association fees range from $209 to $330 per month depending on unit size and for garage owners, there’s an additional $20 per month charge. Fees include the extensive grounds and gated entry as well as the amenities, which include a large community pool, heated whirlpool, state of the art fitness center, indoor racquetball court, tennis court, playground and a private clubhouse with a full kitchen.

All ages are welcome in Portofino Condos at Jensen Beach. Children attend Martin County’s highly rated school system, currently at Jensen Beach elementary school, Stuart middle school and Jensen Beach high school. Portofino Condos is close to the Treasure Coast mall as well as numerous shops and restaurants, medical facilities and only a few minutes to the waterways of Martin County and the beaches of Hutchinson Island.

Portofino Condos at Jensen Beach

For information about sales or rentals of Portofino Condos in Jensen Beach, please call the Gabe Sanders real estate team at 772-323-6996 or contact us here.

Jensen Beach Florida Real Estate

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

Portofino Condos at Jensen Beach July 2018 Market Report

Stuart FL 34996 Residential Market Report June 2018

07.17.18 by Gabe Sanders

Stuart FL 34996 Residential Market Report June 2018

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

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

There are currently 105 active listings (Decreased by 10 homes from May).

34 Residential sales are pending and awaiting close or lender approval (Down by 7 homes from May).

26 Homes Sold in June (Up by 6 homes from May).

The 34996 zip code area of the Stuart Florida residential real estate market continues to be active market. Sales were up from last month but both the inventory of available homes for sale and pending sales were off for June.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for June dipped to 4.0 months as compared to May’s 5.8 months. Drifting back into a strong seller’s market for the 34996 zip code area of Stuart FL but on the brink of transitioning into a balanced market. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for June 2017 were: 138 active listings, 55 pending sales, and 41 closed sales. Better activity last June with a greater inventory of available homes for sale.

Stuart FL 34996 Residential Market Report June 2018

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

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Stuart FL 34996 Residential Market Report June 2018

Oceana Oceanfront and North Condos July 2018 Market Report

07.17.18 by Gabe Sanders

Oceana Oceanfront and North Condos July 2018 Market Report

For July 2018 there are 5 condos for sale in Oceana (I and II aka Oceana Oceanfront) in Jensen Beach FL on Hutchinson Island. List prices range from $180,000 up to $305,000 for an average list price of $235,980 which equals $246.58 per sq. ft. of living space.

There are 5 condos currently under contract. List prices ranged from a low of $223,000 up to a high of $439,000 for an average list price of $315,680 which equals $301.22 per sq. ft. of living space. These condos averaged 277 days on the market before going under contract.

In the past 12 months, 24 condos have sold. Sales prices ranged from $199,000 up to $511,250 for an average sales price of $299,770 which works out to $271.85 per sq. ft. of living space. These condos sold for an average of 95% of list price and averaged 82 days on the market before going under contract.

About the Oceana Oceanfront and North Condos:

The Oceana North Condos are also known as Oceana Oceanfront and are located at 9900 and 9940 S Ocean Drive in Jensen Beach FL on Hutchinson Island in Saint Lucie County.

Oceana I was built in 1975 and is a 12 story building with 125 condos, while Oceana II was completed in 1980 with 16 stories and 160 units. Oceana II has two penthouse units with 3 bedrooms and 3 baths with a spacious 2,092 sq. ft. of living area. Also in building II, there are a few 2 bedroom 3 bath condos with 1,421 sq. ft. The remaining condos in both Oceana I and II are either 2 bedroom, 2 bath residences with 1,129 or 1,023 sq. ft. and some 1 bedroom, 2 bath condos with 899 sq. ft.

There are two pools and private beach access, along with BBQ grilling areas as well as gated entries and vehicle was areas.

Both buildings share a large clubhouse with fitness and game room, kitchen and bar and a large social area. 1 small pet is allowed as well as rentals with a 3-month minimum lease restriction. There are four tennis courts directly across the street as well as 2 RV/Boat parking areas. Trucks are also allowed.

Condo fees range from $410 to $550 per month depending on the size and location of the condo (as of July 2018). These fees cover Basic Cable TV, Common Areas, Elevator, Exterior Electric, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Janitor, Laundry Facilities, Lawn Care, Manager, Parking, Pest Control, Pool Service, Recreational Facilities, Reserve Funds, Roof Maintenance, Security, Signs, Trash Removal and Water.

Click on this link to search for available Oceana North 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 Oceanfront – Oceana South – Ocean Towers – Oceanrise – Ocean Bay Villas – Princess – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Oceana Oceanfront and North Condos July 2018 Market Report

Stuart FL 34994 Condo Market Report June 2018

07.16.18 by Gabe Sanders

Stuart FL 34994 Condo Market Report June 2018

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

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

There are currently 83 active condo listings (Up by 2 condos from May).

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

25 Condos Sold in May (Decreased by 9 condos from May).

The Stuart FL 34994 Condo market continues to show very strong activity. Not quite as strong as last month, but still a ver active seller’s market. We could use a greater inventory of condos for sale.

The absorption rate for May rose to 3.3 months compared to last month’s 2.4. Remaining in a strong seller’s market for this condo segment of Stuart’s 34994 zip code area after one month of a seller’s market. Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months. Meaning neither the buyers or sellers have an advantage in the real estate market.

Last June the numbers were 90 active listings, 39 pending sales, and 21closed sales. The activity for this condo segment of the Stuart market remains more active when compared to last June.

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Stuart, FL Real Estate

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Stuart FL 34994 Condo Market Report June 2018

Stuart Florida 34994 Residential Market Report June 2018

07.13.18 by Gabe Sanders

Stuart Florida 34994 Residential Market Report June 2018

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

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

There are currently 69 active listings (Up by 2 homes from May)

28 Residential sales are pending and awaiting close or lender approval (Decreased by 7 homes from last month).

17 Homes Sold in May (Decreased by 6 homes from May)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida eased a little for June but remains very active.

The one-month absorption rate for the 34994 zip code for May rose to 4.1 months from 2.9 months for May. Remaining in a seller’s market for the 34994 zip code area of Stuart, FL. A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The June 2017 numbers were 72 Active Listings, 34 pending sales, and 13 closed sales. Better sales activity this year with less inventory of available homes for sale. Though, the pending sales numbers were better last year.

Are you interested in the value of your Stuart FL Home?
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