Windstone Palm City February 2018 Market Report

02.28.18 by

Windstone Palm City February 2018 Market Report

As of February 2018:

There are currently 2 homes for sale in Windstone in Palm City, FL.  These homes are listed for $649,900 and $750,000 for an average list price of $699,950 which equals $164.54 per sq. ft. of living area.

One home is under contract and awaiting sale at this time.  It was listed for $559,000 or $201.59 per sq. ft. of living area.  This home was on the market for 121 days prior to going under contract.

In the past 12 months, 5 homes have sold in Windstone.  The sales prices ranged from $510,000 up to $650,000.  The average sales price was $577,000 which equals $172.10 per sq. ft. of living area.  These sold listings averaged 48 days on the market before going under contract and sold for 95% of the list price.

About Windstone in Palm City FL:

Windstone real estate in Palm City FL

Formerly known as Rivers End and now re-named to Windstone. Featuring spacious waterfront homes, Windstone Palm City February 2018 Market Report is a safe and peaceful gated community in Palm City that has gorgeous views of Florida nature preserves around nearly every home.

Larger lot sizes of half an acre and more in these newer homes are the rule.  The neighborhood itself is very uncrowded with only 110 existing homes.  Some vacant lots are still available for purchase for those wishing to build their dream home in Windstone Palm City February 2018 Market Report, one of the premier neighborhoods in one of the best cities in Martin County!

Windstone Palm City February 2018 Market Report is within close range to “A” rated school, I-95 and Florida’s Turnpike making this a great place for locals or commuters to call home!

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Windstone Palm City February 2018 Market Report

Florida Townhouses and Condos 2017 4’th Quarter Report

02.27.18 by

Florida Townhouses and Condos 2017 4’th 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 4’th Quarter 2017.

Florida Townhouses and Condos 2017 4'th Quarter Report

Continued growth for the Florida townhouse and condo market for the last quarter of 2017.  Both prices as well as sales volume continued with steady growth.  This is at a very reasonable and sustainable rate as well.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2017 4’th Quarter Report

Mariner Sands February 2018 Market Report

02.27.18 by

Mariner Sands February 2018 Market Report

For late February 2018, there are 45 properties for sale in Mariner Sands.  These 45 properties include a mix of condos and homes.  The list prices range from $144,900 up to $879,900 for an average list price of $376,543 which works out to $144.39 per sq. ft. of living area.

There are 8 homes under contract (pending) which have not completed the sales process to date.  List prices were from $369,900 up to $585,000 for an average of $465,862 or $167.71 per sq. ft. of living area.  These homes averaged 61 days on market prior to going under contract.

In the past 12 months, 44 homes and condos have sold.  Sales prices ranged from $128,000 up to $815,000 for an average sales price of $399,916 which equals $143.94 per sq. ft. of living area.  These homes averaged 114 days on the market before going under contract and sold on average at 93% of the last listed price.

About the Mariner Sands Golf & Country Club:

Clubhouse of Mariner Sands Golf Club in Stuart Florida

One of our premier golf course communities located on 728 pristine acres with magnificent landscaping featuring idyllic lakes and water views as well as natural wooded buffers.   There are 771 residences in Mariner Sands with exclusive use of two championship golf courses.  Designed by famed course architects Tom Fazio and Frank Duane.  In addition to 36 holes of magnificent golf,

Chapel in Mariner Sands Golf Club in Stuart Florida

Mariner Sands also features a championship Tennis facility with 9 Har-Tru courts and pro shop.  Yearly clinics, as well as tournaments, keep the Tennis players busy.  Members have access to the adjacent large swimming pool and pool bar.

Golf Course of Mariner Sands Golf Club in Stuart Florida

There’s also a The 2,100 sq. ft. Fitness Center is available for use by all Mariner Sands members.  It contains state-of-the-art equipment for cardiovascular development, strength and toning procedures for all muscle groups and flexibility improvement. Two on-site licensed personal trainers are available to assist members in developing specific individual programs.

Golf Views of Mariner Sands Golf Club in Stuart Florida

For pet lovers, Mariner Sands boasts it’s own ‘doggie park’ for use by all residents.

Mariner Sands is one of the few golf communities in Florida that has its own chapel. It has multi-denominational worship services and is host to art classes, a library, and various cultural events.  The chapel also facilitates some of the many charitable events and volunteer opportunities for the community.  A Memorial Garden is available for interment to all Mariner Sands residents and their families.

Golf in Mariner Sands Golf Club in Stuart Florida

Monthly HOA fees vary greatly depending on the home’s location and for condos.  Golf membership is not mandatory but social membership is and is included in the monthly HOA (Home Owners’ Association) or COA (Condo Owners’ Association) dues.  These social fees are $2080.00 per quarter.  Currently (as of October 2016) there’s a one-time non-refundable capital contribution of $20,000 for anyone purchasing a Mariner Sands residence.

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Mariner Sands February 2018 Market Report

Florida Single Family Homes 2017 4’th Quarter Report

02.26.18 by

Florida Single Family Homes 2017 4’th 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 4’th Quarter 2017.

Florida Single Family Homes 2017 4'th Quarter Report

The last quarter for 2017 showed continues growth for the Florida single family home market with increased sales and continuing rising prices.

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

Florida Single Family Homes 2017 4’th Quarter Report

Lakeside Condos Indian River Plantation February 2018 Market Report

02.24.18 by

Lakeside Condos Indian River Plantation February 2018 Market Report

For February 2018, there are 4 active listings for sale in Lakeside in Indian River Plantation on Hutchinson Island.  The listing prices for these condos ranged from $159,900 up to $284,000 for an average list price of $234,175 which works out to $276.40 per sq. ft. of living area.

There are no condos under contract and awaiting settlement.

In the past 12 months, 9 Lakeside Condos have sold with sales prices ranging from $113,250 up to $274,000 for an average sales price of $205,506 which is $214.57 per sq. ft. of living area.  These condos sold for an average of 92% of the list price and in an average of 129 days on market (before going under contract).

About the Lakeside Condos in Indian River Plantation:

Lakeside Condos in Indian River Plantation

 

Lakeside Condos in Indian River Plantation

For those looking to live in a resort setting with the beaches of the Atlantic Ocean close by as well as a full-service Marina, golf course, restaurants and fitness facilities without paying the premium price of most resorts, then the Lakeside Condos of Indian River Plantation might just be the place for you.

Lakeside Condos in Indian River Plantation

These Lakeside Condos are condos located just off the golf course and surrounded by the Atlantic Ocean to the east and the Indian River (Intracoastal) to the west.  Situated on a private peninsula in the middle of the Marriott Resort Complex at Indian River Plantation.  There are 74 units built in 1980.  Sizes range from 1 bedroom, 1 bath units of 596 sq. ft. up to 2 bedroom, 3 bath units with 1323 sq. ft. of living area.  This is a pet-friendly complex that will allow up to two large pets.  At the time of this writing, the condo association fees were $375.00 a month.

Lakeside Condos in Indian River Plantation

The Lakeside Condos at Indian River Plantation are in an excellent location, just a short walk to the beach and there’s a courtesy tram that is available to take residents and guests around the sprawling facilities of the Marriott resort at Indian River Plantation.  Just a short drive to the grocery store, historic downtown Stuart and the many, many amenities that Martin County FL has to offer.

Lakeside Condos in Indian River Plantation

Additional Indian River Plantation Condos you may wish to consider: 
Bayview – Beachwalk – Dunes Club – Fairway Villas – Inlet Village – Ocean House – Ocean Terrace – Plantation Club Villas – Plantation House – Resort Villas – River Village – Riverbend – Riverwood – Tennis Villas

Lakeside Condos Indian River Plantation February 2018 Market Report

Hobe Sound FL 33455 Condo Market Report January 2018

02.23.18 by

Hobe Sound FL 33455 Condo Market Report January 2018

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

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

There are currently 12 active condo listings. (Increased by 2 condos from December)

Hobe Sound FL 33455 Condo Market Report January 2018

5 Condos are pending and awaiting close. (No change from December)

Hobe Sound FL 33455 Condo Market Report January 2018

4 Condos sold in January. (Unchanged from December)

 Hobe Sound FL 33455 Condo Market Report January 2018

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Results remained unchanged from last month with the exception of a couple of additional condos for sale.

The absorption rate for Hobe Sound condos was 3.o months for January as compared to 2.5 months in December). 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 January 2017 numbers were: 13 active listings, 1 pending sales, and 14 closed sales.  Last January was an unusually strong month for closed sales in Hobe Sound condos.

Hobe Sound FL 33455 Condo Market Report January 2018

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Hobe Sound FL 33455 Condo Market Report January 2018

Hobe Sound FL 33455 Residential Market Report January 2018

02.22.18 by

Hobe Sound FL 33455 Residential Market Report January 2018

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

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

There are currently 193 active listings. (Increased by 4 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2018

74 Residential sales are pending and awaiting close  (Up by 12 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2018

37 Homes Sold in January (Up by 13 homes from last month)

Hobe Sound FL 33455 Residential Market Report January 2018

The Hobe Sound Florida Market Report ZIP Code 33455 showed some strong activity to begin the year with increases in both pending and closed sales.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 5.2 months ( It was 7.9 months in December).  Back into a sellers market after one month of being in a buyers 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 January 2017 were:  232 active listings, 78 pending sales, and 27 closed sales.  A greater number of closed sales on less inventory this year as compared to January of 2017.

Hobe Sound FL 33455 Residential Market Report January 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

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Hobe Sound FL 33455 Residential Market Report January 2018

Mariner Cay February 2018 Market Report

02.22.18 by

Mariner Cay February 2018 Market Report

There are 10 properties on the market in Mariner Cay in Stuart FL.  3 homes and 7 condos.  List prices range from $245,000 up to $2,775,000 for an average list price of $725,580 or $265.56 per sq. ft. of living area.

3 homes and 2 condos are under contract.  List prices ranged from $285,000 up to $1,500,000 for an average list price of $856,980 or $330.59 per sq. ft. of living area.  These properties averaged 101 days on the market before going under contract.

In the past 12 months, 7 properties have sold in Mariner Cay: 5 condos and 2 homes sold.  Sales prices ranged from $190,000 up to $1,735,000 for an average sales price of $511,857 which works out to $216.20 per sq. ft. of living area.  These homes and condos averaged 11633 days on market before going under contract and sold for an average of 94% of the last listed price.

About the Mariner Cay Community:

Why should you look into Mariner Cay real estate? The real estate market has much to offer in today’s economy. That is why a great deal of time and effort must be put into searching for the best option available. When it comes to options available Mariner Cay waterfront homes have so much to offer. This wonderful community located along what is referred to as the Treasure Coast of Florida in Martin County is appealing for many different reasons.

Florida’s subtropical and tropical climate makes many seasonal activities year round. In addition, many other choices are added to the extensive list of pursuits in recreation, entertainment and outdoor adventures. With all the water the beaches are a must for an inexpensive form of pleasure and relaxation. Hand in hand with the water comes fishing. Martin County is home to a long list of fishing tournaments, boating activities and other related hobbies. Mariner Cay real estate provides an access point into this intriguing world of water through the Mariner Cay marina. Situated in the Manatee Pocket in Stuart Florida the marina is a short distance from St. Lucie Inlet and the crossroads of the Southeast Florida water-ways. The marina allows you to take advantage of the 60-mile span between its location and the Grand Bahamas Island if you are one with an adventurous spirit. The marina exemplifies the attention to details seen throughout the Mariner Cay real estate properties.

For instance, the marina offers:

  • 90% of Mariner Cay slips are available to the public
  • 51 slips that accommodate boats up to 80 feet and 6 ft. draft
  • Annual, monthly and daily (transient) slips available
  • Approximately 100′ of face dock dedicated to transient boaters
  • Refueling dock with non-ethanol gas and diesel
  • Electricity (30 & 50 amp) and water (good quality) at each slip
  • Sanitary Pump-out
  • Restrooms, showers and washer/dryer facilities
  • Soft drinks and ice
  • Swimming pool adjacent to marina
  • Gated 7/24 security with roving night-time guards
  • ATM, banks, and grocery shopping close by
  • At least five restaurants within easy dinghy ride
  • Boat works, one do it yourself, available on Manatee pocket
  • Free High-Speed Internet and 24/7 Wi-Fi.

With a marina like this, it is no wonder Mariner Cay real estate has exclusive waterfront estates as well as waterfront townhouses and condos. A beautiful yacht club with dockage comes with the properties benefits. Mariner Cay real estate offers amenities like

  • community pool
  • tennis courts
  • fitness center
  • cabana
  • and so much more

With this great Stuart location, Mariner Cay real estate is close to it all. When you start asking yourself about the differences in waterfront communities give us a call. We will show you the differences and special features that come along with the amazing Mariner Cay real estate offers.

Mariner Cay real estate Stuart FL

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Mariner Cay February 2018 Market Report

Jensen Beach FL 34957 Condo Market Report January 2018

02.21.18 by

Jensen Beach FL 34957 Condo Market Report January 2018

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

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

There are currently 119 active listings. (Increased by 11 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2018

47 Condo sales are pending and awaiting settlement. (Up by 21 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2018

15 Condos Sold (Down by 1 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2018

 The Jensen Beach FL 34957 Condo Market Report for January had a large increase of pending sales which should result in some strong closed sales volume for the coming months.

The one month absorption rate for the January 2018, Jensen Beach Florida Market Report ZIP Code 34957 rose to 7.9 months (from 6.8 months in December), drifting into a buyers market for the first time in a while.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The January 2017 numbers were: 132 active listings, 43 pending sales and 16 condos closed.  Very similar activity when compared to last January on less inventory of available condos for this year.

Jensen Beach FL 34957 Condo Market Report January 2018

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report January 2018

Jensen Beach FL 34957 Residential Market Report January 2018

02.20.18 by

Jensen Beach FL 34957 Residential Market Report January 2018

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

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

 There are currently 193 active listings. (Up by 26 homes from last month)

Jensen Beach FL 34957 Residential Market Report January 2018

69 Residential sales are pending and awaiting close or lender approval. (Up by 17 homes from December)

Jensen Beach FL 34957 Residential Market Report January 2018

24 Homes Sold (Unchanged from December)

Jensen Beach FL 34957 Residential Market Report January 2018

The Jensen Beach FL 34957 Residential Market increased in inventory for January as well as a good jump in pending sales while closed sales remained unchanged.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 8.0 months ( was 7.0 months in December).  Into a buyer’s market for Jensen Beach residential sales for the first time in a while.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The January 2017 numbers were: 198 active listings, 72 pending sales, and 34 home sales closed.  Considerably stronger activity last January.
Jensen Beach FL 34957 Residential Market Report January 2018
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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 FL 34957 Residential Market Report January 2018

Palm City FL 34990 Condo Market Report January 2018

02.19.18 by

Palm City FL 34990 Condo Market Report January 2018

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

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

There are currently 102 active condo listings. (Increased by 1 condos from December)

   Palm City FL 34990 Condo Market Report January 2018

9 Condo sales are pending and awaiting close or lender approval. (Down by 7 condos from last month)

Palm City FL 34990 Condo Market Report January 2018

15 Condos Sold in January. (Up by 5 condos from December)

Palm City FL 34990 Condo Market Report January 2018

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For January the market activity showed some positive gains with a nice increase in closed sales.  Unfortunately, pending sales were down which may indicate fewer closed sales in the coming months.

The current absorption rate for condos in the 34990 zip code area dropped to 6.8 months (was 10.1 months in July).  Into a balanced market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The January 2017 numbers were: 91 active listings, 8 pending sales, and 5 closed sales.  Considerably better activity this year with a higher inventory of available condos for sale.
Palm City FL 34990 Condo Market Report January 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 January 2018

Mariner Village February 2018 Real Estate Market Report

02.19.18 by

Mariner Village February 2018 Market Report

For February 2018, there are 2 homes for sale in the Mariner Village gated community of Stuart FL.  Listing prices are $329,900 and $339,900 for an average list price of $334,900 which equals $167.31 per sq. ft. of living area.

There are currently 4 homes with pending sales that have not closed to date.  These homes were listed for prices that ranged from $275,500 up to $310,000 for an average list price of $294,875 or $162.43 per sq. ft. of living area.  These homes averaged 32 days on market before going under contract.

In the past 12 months, 24 homes have sold in Mariner Village.  Sales prices ranged from a low of $250,000 up to a high of $325,000 for an average sales price of $286,788 which works out to $155.23 per sq. ft. of living area.  These homes sold for an average of 96% of the last list price and were active on the market for an average of 61 days prior to going under contract.

About Mariner Village:

Mariner Village sign

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.

entrance to Mariner Village

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 Pool in Mariner Village

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

tennis courts in Mariner Village

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.

lake in Mariner Village

Mariner village is conveniently located close to shopping, restaurants, beaches, medical facilities and belong to Martin County’s ‘A’ rated school system

Mariner Village February 2018 Real Estate Market Report

Anglers Cove Condos February 2018 Market Report

02.18.18 by

Angler Cove Condos February 2018 Market Report

There are currently 2 Angler Cove condos available for sale.  List prices are $259,000 and $475,000 for an average list price of $367,000 which equals $243.54 per sq. ft. of living area.

There is 1 condo under contract at this time in Angler Cove.  It was listed for $264,900 which is $243.03 per sq. ft. of living area.  This condo was on the market for 333 days prior to going under contract.

In the past 12 months there have been 5 sales.  Sales prices ranged from $269,000 up to $365,000 for an average sales price of $304,667 which works out to $216.69 per sq. ft. of living area.  The list to sales prices averaged at 92%.  These condos averaged 83 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).

Angler Cove Condos on Hutchinson Island

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.

 Angler Cove Condos on Hutchinson Island

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

Angler Cove Condos February 2016 Market Update

Palm City FL 34990 Residential Market Report January 2018

02.16.18 by

Palm City FL 34990 Residential Market Report January 2018

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

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

 There are currently 416 active listings (Increased by 35 homes from December)

Palm City FL 34990 Residential Market Report January 2018

113 Residential sales are pending and awaiting close or lender approval. (Up by 17 homes from last month)

Palm City FL 34990 Residential Market Report January 2018

48 Homes Sold in December (Down by 18 home from December)

Palm City FL 34990 Residential Market Report January 2018

The Palm City FL, zip code 34990 residential real estate market showed a large drop in closed sales to start the year.  But both inventory, as well as pending sales, rose which should result in more sales in the coming months.
The monthly absorption rate jumped up to 8.7 months from 5.8 months in December.  Into a buyer’s market for the Palm City zip code 34990 area for residential sales for the first time in a while.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The January 2017 numbers were:  421 active listings, 125 pending sales, and 52 closed sales.  Slightly better activity last year, but not by much.

Palm City FL 34990 Residential Market Report January 2018

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Palm City FL 34990 Residential Market Report January 2018

Stuart FL 34997 Condo Market Report January 2018

02.15.18 by

Stuart FL 34997 Condo Market Report January 2018

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

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

There are currently 56 active condo listings (Down by 1 condo from December).

Stuart FL 34997 Condo Market Report January 2018

35 Condo sales are pending and awaiting close or lender approval (Up by 18 condos from December).

Stuart FL 34997 Condo Market Report January 2018

8 Condos Sold in January (Decreased by 11 condos from December).

Stuart FL 34997 Condo Market Report January 2018

      The Stuart FL condo market for zip code 34997 Had a significant reduction of closed sales along with a very strong number of new pending sales indicating much better closed volume for the near future.

     The absorption rate jumped up to 7.0 months in January compared to 3.0 months for December.  Just about to become a buyer’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 January 2017 numbers were: 80 active listings, 34 pending sales, and 15 closed sales.  Weaker closed sales (on reduced inventory but much stronger pending sales.

Stuart FL 34997 Condo Market Report January 2018

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

 

 

Stuart FL 34997 Residential Market Report January 2018

02.14.18 by

Stuart FL 34997 Residential Market Report January 2018

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

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

There are currently 292 active listings (Increased by 12 homes from December).

Stuart FL 34997 Residential Market Report January 2018

144 Residential sales are pending and awaiting close or lender approval (Increased by 13 homes from December).

Stuart FL 34997 Residential Market Report January 2018

58 Homes Sold in January (Decreased by 23 homes from December)

Stuart FL 34997 Residential Market Report January 2018

      The Stuart Florida Residential Market for ZIP Code 34997 had a fairly large drop in closed sales but this is still one of the most active markets in Martin County residential real estate.
     The absorption rate jumped up to 5.0 months (was 3.4 months for December).  Still in a seller’s market for the 34997 zip code area of Stuart for January 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 January, were: 354 active listings, 169 pending listings, and 61 closed sales.  Somewhat stronger volume last year but this was with a considerably larger inventory of homes for sale.
Stuart FL 34997 Residential Market Report January 2018

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Search here for 34997 Zip Code of Stuart FL real estate for sale

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Stuart FL 34997 Residential Market Report January 2018

 

Indian Pines February 2018 Market Report

02.14.18 by

Indian Pines February 2018 Market Report

There are 3 condos available for purchase in Indian Pines in Stuart FL for February 2018.  List prices range from $120,000 up to $174,500 for an average list price of $141,467 which equals $111.57 per square foot of living area.

There is one condo currently under contract.  This condo was listed for $133,000 or $128.63 per square foot of living area which was on the market for only 9 days prior to going under contract.

In the past 12 months, 12 condos have sold in Indian Pines.  Sales prices ranged from a low of $100,500 up to a high of $154,000 for an average sales price of $120,875 which works out to $107.99 per square foot of living area.  These condos averaged 20 days on the market prior to going under contract and sold for an average of 92% of list price.

About Indian Pines Condos in Stuart FL:

Indian Pines Condos in Stuart FL

Centrally located in Stuart off of Indian Street on Aster Lane lies the Indian Pines condominiums.  This complex consists of 20 buildings in two ovals surrounding two lakes.  This unique arrangement gives every condo in this complex water views.

Indian Pines Condos in Stuart FL Indian Pines Condos in Stuart FL

Built from 1981 through 1986, Indian Pines are two-story buildings with mostly 2 bedrooms, 2 bathrooms condos, though there are a few 3 bedroom and 1 bedroom units as well.  The 3 bedroom condos have 1,542 sq. ft. of living area, 2 bedroom units vary from 1,251 down to 1,019 sq. ft., while the 1 bedroom condos have 1,011 sq. ft.

There’s a heated pool, clubhouse, and two tennis courts as well as ample parking with some buildings offering covered carports.

Indian Pines Condos in Stuart FL Indian Pines Condos in Stuart FL

As of February 2018, the condo association fees were around $360 a month for two bedroom condos and less for the few one-bedroom units that occasionally come up for sale.  These fees may vary as different buildings have different reserve setups and management and cover water and sewer, common areas, building insurance and maintenance, basic cable TV, landscaping and lawn service, trash pickup and reserve funds.

Indian Pines Condos in Stuart FL Indian Pines Condos in Stuart FL

All ages are welcome.  Rentals are allowed in Indian Pines with some restrictions. And, this is one of the few condos in the area that allows up to 2 large pets per owner.  Children who live in Indian Pines are zoned to attend J. D. Parker Elementary School, the Dr. David L. Anderson Middle School, and the Martin County High School.

Indian Pines Condos in Stuart FL

Indian Pines is very conveniently located close to shopping, restaurants and medical facilities.  Only a few more minutes to either the beaches or boat ramps of Martin County or to I-95 for those needing to take a trip either north or south.

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Stuart FL Real Estate is presented by:
Gabe Sanders, Real Estate of Florida

Indian Pines February 2018 Market Report

Stuart FL 34996 Condo Market Report January 2018

02.13.18 by

Stuart FL 34996 Condo Market Report January 2018

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

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

There are currently 140 active condo listings (Up by 6 condos from last month).

Stuart FL 34996 Condo Market Report January 2018

52 Condo sales are pending and awaiting close or lender approval (Increased by 17 condos from December).

Stuart FL 34996 Condo Market Report January 2018

17 Condos Sold in January (Down by 3 condos from December) 

Stuart FL 34996 Condo Market Report January 2018

The Stuart FL 34996 Condo Market of Stuart had a weaker month of closed sales but also a nice jump in pending sales which should translate to better closed numbers in the coming months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 jumped up to 8.2 months from December’s 6.7 months.  Back into a buyer’s market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for January 2017 were: 170 active listings, 31 pending sales and 22 closed sales.  Lower sales volume this year along with reduced inventory but considerable greater number of pending sales.

Stuart FL 34996 Condo Market Report January 2018

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Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report January 2018

Stuart FL 34996 Residential Market Report January 2018

02.12.18 by

Stuart FL 34996 Residential Market Report January 2018

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

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

There are currently 146 active listings (Increased by 5 homes from December).

Stuart FL 34996 Residential Market Report January 2018

37 Residential sales are pending and awaiting close or lender approval (Unchanged from December).

Stuart FL 34996 Residential Market Report January 2018

15 Homes Sold in January (Up by 1 homes from December).

Stuart FL 34996 Residential Market Report January 2018

The 34996 zip code area of the Stuart Florida residential real estate showed a small increase in inventory and slightly better-closed sales.  There’s a good number of pending sales which will hopefully translate to higher closed volume in the coming months.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for January decreased slightly to 9.7 months as compared to December’s 10.1 months.  Still a buyer’s market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for January of 2017 were: 180 active listings, 43 pending sales, and 10 closed sales.  Considerably lower inventory this year but better sales volume and slightly lower pending volume.

Stuart FL 34996 Residential Market Report January 2018

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

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

Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report January 2018

Inlet Village February 2018 Condo Real Estate Market Report

02.12.18 by

Inlet Village February 2018 Condo Real Estate Market Report

There are 5 condos for sale in the Inlet Village Condominiums of Indian River Plantation on Hutchinson Island in Stuart FL for February 2018.  List prices range from $219,900 up to $304,000 for an average list price of $261,560 which is $239.28 per sq. ft. of living area.

There are 2 condos currently under contract.  These condos were listed for $226,000 and $325,000 for an average list price of $275,500 which is $233.19 per sq. ft. of living area.  These two condos averaged 11 days on the market prior to going under contract.

In the past 12 months, 7 condos have sold in Inlet Village.  Sales prices ranged from $150,000 up to $320,000 for an average sales price of $230,500 which equal $219.53 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 98 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 seeping views of lakes and the Indian River Plantation golf course.

Inlet Village in Indian River Plantation

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 a enjoyable lunch.

Inlet Village in Indian River Plantation

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

Search for Inlet Village Condos for Sale

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 February 2018 Condo Real Estate Market Report