Stuart FL 34994 Condo Market Report January 2018

Stuart FL 34994 Condo Market Report January 2018 

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

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

There are currently 113 active condo listings (Up by 22 condos from December).

Stuart FL 34994 Condo Market Report January 2018

51 Condo sales are pending and awaiting close or lender approval. (Increased by 16 condos from last month) 

Stuart FL 34994 Condo Market Report January 2018

19 Condos Sold in December (Increased by 4 condos from December).

Stuart FL 34994 Condo Market Report January 2018

The Stuart FL 34994 Condo market had a very strong opening for the year with all activity increasing.

The absorption rate for December decreased to 5.9 months compared to last month’s 6.1.  Inching back into a 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 January the numbers were 91 active listings, 40 pending sales, and 18 closed sales.  Very similar activity compared to last year but with a slightly higher inventory of available condos for sale.

Stuart FL 34994 Condo Market Report January 2018

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Stuart FL 34994 Condo Market Report January 2018 

 

Gull Harbor February 2018 Market Report

Gull Harbor February 2018 Market Report

There is currently 1 home for sale in Gull Harbor in Palm City FL.  This home is listed for $434,900 or $193.12 per sq. ft. of living area.

Currently, there are no homes under contract in this community.

In the past 12 months, there have been 2 sales in Gull Harbor.  These homes sold for $530,000 and $679,950 which equals an average sales price of $604,975 and works out to $284.42 per sq. ft. of living area.  These sales prices were 98% of the last list price and these homes averaged 141 days on the market before going under contract.

About Gull Harbor Real Estate in Palm City FL

The Gull Harbor community of Palm City consists of mostly waterfront homes on the shores of the South Fork of the Saint Lucie River as well as an exceptionally wide and deep canal off the river.  This is a non-gated neighborhood with 43 homes and no HOA or deed restrictions.  Of these 43 homes, only 4 do not have access to a dock in their backyards.

Gull Harbor in Palm City FL
Google Earth image

The first home built in Gull Harbor was in 1961 and the last was completed in 2014.  There is one residential lot left in Gull Harbor that has not been built upon.  Homes range in size from as small as just over 1,300 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to a 5 bedroom, 3 bathroom home with just under 5,000 sq. ft. of space for living area.

Children attend Bessey Creek Elementary, Hidden Oak Middle and Martin County High Schools.  All of which are considered to be excellent schools in Florida.

Gull Harbor real estate in Palm City FL

Gull Harbor lies just east of Mapp Rd (North of Martin Downs Blvd), see the map below.  Very convenient location with easy access to downtown Stuart, FL or Florida’s Turnpike for commuters and with many choices for shopping, entertainment and other amenities close by.

Click on this link to search for available Gull Harbor Homes for Sale

Stuart Florida 34994 Residential Market Report January 2018

Stuart Florida 34994 Residential Market Report January 2018

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

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

There are currently 86 active listings (Down by 3 homes from December)

Stuart Florida 34994 Residential Market Report January 2018

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

Stuart Florida 34994 Residential Market Report January 2018

11 Homes Sold in December (Decreased by 3 homes from December)

Stuart Florida 34994 Residential Market Report January 2018

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues to gain inventory while sales are not keeping up with this increased volume of available homes for sale.  I expect this to abate as we have a strong volume of pending sales.

The one-month absorption rate for the 34994 zip code for December rose to 7.8 months from 6.4 months for December.  Entering into a buyer’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 January 2017 numbers were 74 Active Listings, 22 pending sales, and 7 closed sales.  Considerably stronger activity this January with a greater inventory of available homes for sale.

Stuart Florida 34994 Residential Market Report January 2018

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Stuart Florida 34994 Residential Real Estate Market Report January 2018

Four Winds on the River Condo February 2018 Market Report

Four Winds on the River Condo February 2018 Market Report

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

One condo is under contract at this time.  It was listed for $235,000 or $172.92 per sq. ft. of living area.

In the past 12 months, 3 condos has sold in Four Winds.  These condos sold for prices ranging from $232,000
up to $249,000 for an average sales price of $237,667 which works out to $175.29 per sq. ft. of living area.  These condos sold for an average of 99% of the list price and were on the market for an average of only 8 days before going under contract.

About Four Winds on the River in Stuart FL:

A wonderful small condo community on the shores of the wide Saint Lucie River in Stuart, FL, Four Winds on the River was built in 1981 and has seen some major updates and upgrades in recent years.  Only 39 units with the availability of two guest suites if needed by residents.  All of these condos are 2 BR with the exception of 1 one bedroom unit.  Sizes are very generous from 1,900 to 1,350 sq. ft. of living area.

There are ocean access docks suitable for up to a 50′ vessel available for lease.  A large riverfront clubhouse with kitchen and ample common areas for events, get-togethers or large parties.  Two tennis courts and a heated swimming pool.  Four Winds on the River has covered car ports for each condo along with ample guest parking.  This is a gated community and the common areas are shared with the small and exclusive community of Snug Harbor West.

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

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Four Winds on the River Condo February 2018 Market Report

Sewalls Point Single Family Market Report January 2018

Sewalls Point Single Family Market Report January 2018

Sewalls Point Real Estate Snapshot, Residential Sales for January 2018

 

There are currently 50 active listings (Up by 4 homes from last month)

Sewalls Point Single Family Market Report Januar

10 home sales are pending and awaiting close or lender approval (Decreased by 3 homes from December)

Sewalls Point Single Family Market Report Januar

6 Homes sold in June (Increased by 3 homes sales from December)

Sewalls Point Single Family Market Report Januar

The single-family real estate market in Sewalls Point rebounded some from a weak December.  The inventory of available homes continues to be an issue being at very low levels.

The absorption rate dropped to 8.3 months, in December was 15.3 months.  Still, a buyer’s market for Sewalls Point single-family homes, though trending in the right direction.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to December 2016, the inventory was 67 homes on the market, 11 pending sales and there were 4 closed sales.  Better activity this year even though there’s less inventory.

Sewalls Point Single Family Market Report Januar

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Sewalls Point Single Family Market Report January 2018

 

Harbour Pointe Palm City February 2018 Real Estate Market Report

Harbour Pointe Palm City February 2018 Real Estate Market Report

For February 2018 there are 3 homes for sale in Harbour Pointe.  List prices range from $397,500 up to $510,000 for an average list price of $435,500 or $174.40 per square foot of living area.

There are no Harbour Pointe homes currently under contract.

12 homes have sold in the past 12 months with sales prices from $340,000 up to  $445,000.  The average sales price was $379,708 which works out to $164.40 per square foot of living area.  These homes sold for an average of 96% list price and averaged 59 days on the market before going under contract.

About Harbour Pointe in Palm City FL:

Harbour Pointe is a gated community of 120 homes in Palm City Florida.  This small and private community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County!  Residents enjoy preserve and lake  views in spacious custom designed homes.

Harbour Pointe Palm City FL

This wonderful residential community is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A’ rated schools of Martin County.  Also close to shopping, restaurants as well as the beaches of Martin County as well as easy access to I-95 and Florida’s Turnpike makes it a commuters dream!

Harbour Pointe Palm City FL

Harbour Pointe Palm City FL

Currently Available Homes and Town Homes in Harbour Pointe

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Palm City Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Harbour Pointe Palm City February 2018 Real Estate Market Report

 

St Lucie County Townhouses and Condos December 2017 Market Report

St Lucie County Townhouses and Condos December 2017 Market Report

The St Lucie County Townhouses and Condos December 2017 Market Report had some strong sales growth while other metrics were a bit mixed.  Closed sales were up by 26.6% from last year (was up by 30.7% in November) while new pending sales were up by 1.6% for December (was up by 8.4% in November).

Values were split with the median price decreasing by 13.3% from last year (was up by 37.8% in November) while the average sales price increased by 16.1% (was up by 30.7% in November).

The inventory of available townhouses and condos increased by 19 units from last month to 516 units, which is 5.7% less than December 2016. The current supply is 5.1 months, which is 10.5% less than the 5.7 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s 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 December 2017 Market Report

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St Lucie County Townhouses and Condos December 2017 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 December 2017 Market Report

St Lucie County Single Family Homes December 2017 Market Report

St Lucie County Single Family Homes December 2017 Market Report

St Lucie County Single Family Homes December 2017 Market Report showed some slightly improved sales activity compared to last December. Closed sales were up by 3.3% (in November they were up by 14.6%) and new sales under contract (new pending sales) decreased by 5.3% (they were up by 1.1% last month).

Prices continued to rise.  The median and average sales prices up by 6.9% and 4.9% respectively from last December (For November these numbers were up 14.2% and 10.8%).  These price rises are a bit less severe than we’ve experienced in the past few months.

Active listings decreased by 38 homes down to 1,585 homes.  This inventory is 8.5% lower than last year.  The current supply of homes is 3.4 months (was 3.5 months for November) compared to 3.9 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 December 2017 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes December 2017 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 December 2017 Market Report

Martin County Townhouses and Condos December 2017 Market Report

Martin County Townhouses and Condos December 2017 Market Report

Martin County Townhouses and Condos December 2017 Market Report showed continued better activity when compared to last December.  Closed sales for the month were up by 19.7% (was up by 10.4% in November) while new sales under contract (new pending sales) were up by 1.3% from December 2016 (increased by 2.4% in November).

Prices, also, were up for December as the median sales price increased by 15.4% (was up by 7.1% in November) while the average sales price increased by a whopping 41.9% (was up by 10.5% in November) as compared to December of 2016.  Improved results from last month as well as last year.

The inventory of available townhouses and condos increased by 8 units to 396 properties as compared to last month.  This is 7.3% less than the December 2016 inventory.  Currently, there’s a 4.0 month supply of inventory (compared to 4.6 months for December 2016).  Still a 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 December 2017 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos December 2017 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 December 2017 Market Report

Martin Downs Country Club January 2018 Market Report

Martin Downs Country Club January 2018 Market Report

For January 2018, there are 21 active listings in the Martin Downs Country Club.  List prices range from $185,000 up to $649,000 for an average list price of $363,217 which works out to $152.95 per sq. ft. of living area.

There are 11 homes currently under contract.  List prices were from $149,000 up to $649,500 for an average list price of $281,373 which equals $128.56 per sq. ft. of living area. These homes averaged 47 days on market before going under contract.

In the past 12 months, 71 properties have sold in the Martin Downs Country Club.  Sales prices ranged from $130,000 up to $645,000 which is an average sales price of $282,610 or $135.28 per sq. ft. of living area.  These homes averaged 64 days on market before going under contract and sold for 96% of list price.

About the Martin Downs Country Club:

Martin Downs Country Club

 The Martin Downs Country Club in Palm City is a gated community comprising of a number of different sub-communities all anchored by the two 2 championship 18 hole golf courses (one of which is currently not in use). In addition, there is the Martin Downs Sports Resort facility with twelve tennis courts, two pools, spa, and fitness center! Very well located just minutes from Florida’s Turnpike and I-95, this community is a dream for the commuter.

Martin Downs Country Club Martin Downs Country Club

Located in Palm City, FL, this is a prime area to reside in, with many recreational areas and boat ramps to enjoy a great day on the water. If you are looking for a gorgeous community that has luxury amenities and is close to everything that Martin County has to offer, your search is sure to end here!

Martin Downs Country Club Martin Downs Country Club

Martin Downs encompasses a wide array of home styles ranging from estate homes to condominiums.  Some of the communities within the Martin Downs Country Club include the Crane Creek Country Club and Crane Creek Racquet Club, Eagle Lake, Egret Pond, Heronwood, Ibis Point, Mallard Creek, Osprey Creek, Quail Meadow, Starling Court and the Clubhouse Court Condos.

Martin Downs Country Club Martin Downs Country Club

HOA fees and pet restrictions vary by community.  For more information on Martin Downs homes and/or condos click on the individual neighborhood links above or feel free to contact us.

Search here for all Martin Downs Real Estate for Sale

 

Martin Downs Country Club January 2018 Market Report

Oceana Oceanfront and North Condos January 2018 Market Report

Oceana Oceanfront and North Condos January 2018 Market Report

For January 2018 there are 7 condos for sale in Oceana (I and II aka Oceana Oceanfront) in Jensen Beach FL on Hutchinson Island.  List prices range from $227,000 up to $379,900 for an average list price of $309,686 which equals $294.28 per sq. ft. of living space.

There are 3 condos currently under contract.  List prices are a low of $250,000 up to a high of $295,000 for an average list price of $275,000 which equals $280.05 per sq. ft. of living space.  These condos averaged 144 days on the market before going under contract.

In the past 12 months, 24 condos have sold.  Sales prices ranged from $174,500 up to $511,250 for an average sales price of $282,345 which works out to $263.56 per sq. ft. of living space.  These condos sold for an average of 95% of list price and averaged 67 days on the market before going under contract.

About the Oceana Oceanfront and North Condos:

Oceana North and Oceanfront Condos in Jensen Beach

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 North and Oceanfront Condos in Jensen Beach Oceana North and Oceanfront Condos in Jensen Beach

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.

Oceana North and Oceanfront Condos in Jensen Beach Oceana North and Oceanfront Condos in Jensen Beach

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.

Oceana North and Oceanfront Condos in Jensen Beach Oceana North and Oceanfront Condos in Jensen Beach

Condo fees range from $410 to $550 per month depending on the size and location of the condo (as of January 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:
AdmiralAtlantisClaridgeDune WalkEmpressIsland Club –  Island CrestIsland DunesIslandiaMiramarMiramar RoyaleOcean Dunes – Oceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasPrincess –  RegencySand Dollar ShoresSea WindsVilla del Sol

Oceana Oceanfront and North Condos January 2018 Market Report

Florida Townhouses and Condos December 2017 Market Report

Florida Townhouses and Condos December 2017 Market Report

The Florida Townhouses and Condos December 2017 Market Report continues to outperform last year’s activity.  Closed sales were up by 6.0% as compared to last month’s increase of 5.8% and new sales under contract (new pending sales) increased by 3.6% (In November there was a 9.3% increase).

Prices continue to go up.  Median sales prices were up by 11.1% (was up by 8.6% in November), while the average sales price increased by 17.8% (was up 0.8% in November).

The inventory of active listings decreased by 4.0% from December of last year.  For December 2017 we have 5.6 months of inventory (was 5.7 months in November) and compared to 6.0 months for December 2016.  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 December 2017 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 December 2017 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 December 2017 Market Report

Rio Vista in Sewalls Point January 2018 Market Report

Rio Vista in Sewalls Point January 2018 Market Report

As of January 2018, there are 3 Rio Vista homes for sale in Sewalls Point.  List prices range from $375,000 up to $1,550,000 for an average list price of $906,967 which works out to $320.59 per sq. ft. of living area.

There are currently no homes under contract.

In the past 12 months, 9 Rio Vista homes have sold with sales prices ranging from $360,000 up to $1,247,000 for an average sales price of $651,889 which equals $253.02 per square foot of living area.  These homes averaged 84 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 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 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

Click here for all Sewalls Point homes for Sale

Rio Vista in Sewalls Point January 2018 Market Report

Schooner Oaks January 2018 Real Estate Market Report

Schooner Oaks January 2018 Real Estate Market Report

For January 2018 there are 2 homes for sale in Schooner Oaks in Stuart, FL.  These homes are listed for sale with prices of $262,000 and $290,000 for an average list price of 276,000 or $135.02 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 $547,500 for an average sold price of $299,000 which equals $148.26 per sq. ft. of living area. These homes went under contract in an average of 49 days and sold for 97% 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 January 2018 Real Estate Market Report

 

Rocky Point January 2018 Market Report

Rocky Point January 2018 Market Report

Here is your Rocky Point January 2018 market Report in Stuart Florida:

There are currently 41 active listings in Rocky Point which include both condos and homes.  List prices range from a low of $89,900 up to $959,000 which results in an average list price of $328,562 or $183.98 per square foot of living area.

15 homes and condos are under contract (pending sales) and awaiting closing.    Listing prices ranged from $79,900 up to $975,000 for an average list price of $310,073 which is $148.38 per square foot of living area.  These properties averaged 90 days on the market before accepting a contract.

In the past 12 months, 134 properties have sold in Rocky Point with sales prices ranging from $52,000 up to $1,650,000 for an average sales price of $282,782 which equals $152.50 per square foot of living area.  The average days on market was 68 with a 96% list to sales price ratio.

Rocky Point Homes for Sale in Stuart, Florida

 Rocky Point real estate

Rocky Point in Stuart, FL is a wonderful boating oriented community located just off the Saint Lucie Inlet in beautiful Martin County Florida.  Originally a fishing village because of its proximity to the Atlantic Ocean; Rocky Point is now a wonderful family community with a variety of different neighborhoods.  Most of Rocky Point is still oriented towards fisherman and boaters with many of the neighborhoods having access to docks, marinas and/or boat ramps.  Some neighborhoods have deeded dock rights as well as privately owned ramps and launch facilities.  There is also a selection of some luxury waterfront homes with private docks located only a short few minutes cruise to the open Ocean via the Saint Lucie Inlet and within a day’s round trip to the Bahamas.

 Rocky Point real estate

Bordering Rocky Point to the north and west is the Manatee Pocket.  Home of the original Stuart Sailfish fleet (Stuart continues to proudly boast that it’s the ‘Sailfish Capitol of the World’).  Now home to a number of Marinas, Charter fleets and the famous Chapman School of Seamanship as well as quite a few excellent restaurants serving the freshest seafood arriving from the Ocean straight to the kitchens daily.

 Rocky Point real estate

All this in wonderful family friendly neighborhoods within Martin County’s ‘A’ rated schools system.

Rocky Point real estate

One of the highlights of the year for Rocky Point is the Port Salerno Seafood Festival.  Held yearly in the winter, this free festival fills the streets of Historic Port Salerno.  In addition to serving up the area’s freshest and tastiest seafood, live music, community booths, arts & crafts, activities for the kids, pirates and more keep the entire family entertained the whole day.

Rocky Point real estate Admission is FREE, though attendees are asked to bring canned goods in exchange for zero admission to benefit a food drive for local food banks.

Rocky Point real estate

Search the Martin County MLS
Search here for available homes in Rocky Point

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Rocky Point January 2018 Market Report

Florida Single Family Homes December 2017 Market Report

Florida Single Family Homes December 2017 Market Report

The Florida Single Family Homes December 2017 Market Report continues to do better than last year but at a reduced rate of increase. Closed sales were up by 2.6% (were up by 1.3% in November) and new sales under contract (new pending sales) were down by 0.1% (were up by 5.5% in November).

Both the median and average sales prices continued to rise when compared to last year.  Up by 8.0% and 9.4% respectively, compared to November’s 9.1% and 8.3%.

The inventory of available homes for sale fell by 7.1% from last year.  For December there was a 3.6 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (December of 2016 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 Townhouses and Condos December 2017 Market Report

Click here to view or download the full report:

Florida Single Family Homes December 2017 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 December 2017 Market Report

Murano Homes January 2018 Housing Market Report

Murano Homes January 2018 Housing Market Report

Palm City Florida Real Estate

Murano in Palm City Florida
There is currently 1 home on the MLS in Murano with a list price of $299,800 which is $148.49 per sq. ft. of living area.
There is no homes under contract at this time in the Murano subdivision of Palm City, FL.
In the past year, 7 homes have sold in Murano with sales prices ranging from $275,000 up to $329,000 for an average sales price of $317,429 which equals $130.56 per sq. ft. of living area.  The average days on market before going under contract was 33 and the list to sales price ratio was 99%.

About the Murano Community in Palm City FL:

Murano Homes in Palm City FLConveniently located off of martin Downs Blvd and Sunset Trail, Murano is a new home community with 110 homes. Originally developed by Home Dynamics with homes built in 2007 and later this community was taken over by D. R. Horton with building resuming in 2011 to the present. Murano homes range from two story 5 Bedroom 4 bathroom homes of 0ver 3,200 sq. ft. to single story 2 Bedroom, 2 bath homes of just over 1,700 sq. ft.

This is a very family friendly neighborhood close to schools, shopping and Florida’s Turnpike for commuters. There is a community pool and low HOA fees of approximately $123 per month (as of January 2018).

There may be a few new D. R. Horton homes available for sale, but this community is just about sold out so call us for details.

  • For the D.R. Horton homes, highlights include:
  • Choice of 5 NEW Floor plans
  • GE Appliance Package
  • Various home sites available including lakefront
  • Community Swimming Pool and Cabana
  • Top Rated Palm City Schools
  • Easy commute via I-95 or Florida Turnpike
  • Close proximity to area recreation including beaches, parks, boating, fishing and all types of water sports
  • Shopping, entertainment and restaurants are all nearby.

Murano Homes in palm City Florida

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Murano Homes for Sale

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

Murano Homes January 2018 Housing Market Report

 

Hobe Sound FL 33455 Condo Market Report December 2017

Hobe Sound FL 33455 Condo Market Report December 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for December 2017

For December 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 10 active condo listings. (Decreased by 5 condos from November)

Hobe Sound FL 33455 Condo Market Report December 2017

5 Condos are pending and awaiting close. (Down by 1 condo from November)

Hobe Sound FL 33455 Condo Market Report December 2017

4 Condos sold in December. (Up by 1 condos from November)

 Hobe Sound FL 33455 Condo Market Report December 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Unfortunately, a significant drop in inventory for December.  But, good pending and closed volume.

The absorption rate for Hobe Sound condos was 2.5 months for December as compared to 5 months in November). 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 December 2016 numbers were: 11 active listings, 2 pending sales, and 4 closed sales.  Very similar activity from year to year.

Hobe Sound FL 33455 Condo Market Report December 2017

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report December 2017

Hobe Sound FL 33455 Residential Market Report December 2017

Hobe Sound FL 33455 Residential Market Report December 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for December 2017

  For December 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 189 active listings. (Decreased by 6 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2017

62 Residential sales are pending and awaiting close  (Up by 10 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2017

24 Homes Sold in December (Down by 8 homes from last month)

Hobe Sound FL 33455 Residential Market Report December 2017

The Hobe Sound Florida Market Report ZIP Code 33455 had a nice jump in pending sales, though closed sales were off from last month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 7.9 months ( It was 6.1 months in November).  Back into a seller’s market after one month of a balanced 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 December 2016 were:  206 active listings, 57 pending sales, and 40 closed sales.  Considerably stronger closed sales in December 2016 than last month on greater inventory.

Hobe Sound FL 33455 Residential Market Report December 2017

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 December 2017

Canoe Creek Real Estate Market Report January 2018

Canoe Creek Real Estate Market Report January 2018

For January 2018 there are 2 homes for sale in Canoe Creek in Palm City.  These homes are listed for sale with prices of $379,000 and $485,000 which is an average list price of $432,000 or $150.24 per sq. ft. of living area.

There are no homes currently under contract in Canoe Creek in Palm City.

In the past 12 months, 5 homes hasve sold in Canoe Creek.  The sales prices ranged from $345,400 up to $437,500 which averages to $391,158 and equals $155.79 per sq. ft. of living area.  These homes went under contract in an average of 82 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 January 2018