Stuart FL 34997 Condo Market Report November 2017

12.19.17 by Gabe Sanders

Stuart FL 34997 Condo Market Report November 2017

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for November 2017

For November 2017 in the 34997 Zip Code area of Stuart, Florida:

There are currently 49 active condo listings (Decreased by 4 condos from October).

Stuart FL 34997 Condo Market Report November 2017

30 Condo sales are pending and awaiting close or lender approval (Increased by 5 condos from October).

Stuart FL 34997 Condo Market Report November 2017

10 Condos Sold in November (Unchanged from October).

Stuart FL 34997 Condo Market Report November 2017

The Stuart FL condo market for zip code 34997 had some strong activity even though the inventory is now down to extremely low levels and may impact future sales volume.

The absorption rate decreased to 4.9 months in November compared to 5.3 months for October. Still in a 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 November 2016 numbers were: 73 active listings, 20 pending sales, and 8 closed sales. Much better activity for this year when one considers the greatly reduced inventory of available condos for sale.

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Stuart FL 34997 Condo Market Report November 2017

Miramar Condos December 2017 Market Report

12.19.17 by Gabe Sanders

Miramar Condos December 2017 Market Report

This report includes all Miramar Buildings on Hutchinson Island in Jensen Beach Miramar, Miramar II, and Miramar Royale.

There are 3 Miramar condos on the market on Hutchinson Island. List prices range from $349,900 up to $499,000 for an average list price of $399,600 which works out to $244.15 per sq. ft. of living area.

There is 1 condo currently under contract. This condo was listed for $435,000 or $283.76. This condo was on the market for 116 days prior to going under contract.

In the past 12 months, 16 Miramar Condos have sold. Sales prices ranged from a low of $200,000 up to $530,000 for an average sales price of $367,050 or $250.69 per sq. ft. of living area. These condos sold for an average of 96% of list price and went under contract 57 days on average from listing date.

About The Miramar Condos in Jensen Beach:

Miramar Condos in Jensen Beach

The Miramar Condo building is located north of the Jensen Beach Causeway and consists of one oceanfront 11 story building completed in 1981 and contains 62 condos. All the residences are 2 bedroom and 2 baths with units either having 1,264 or 1,154 sq. ft. of living area. The larger units are the corner condos.

Miramar Condos in Jensen Beach

Miramar has cousin condos located just to the north. These are the Miramar Royale and Miramar 2 buildings. Please click here to see these condos.

Miramar Condos in Jensen Beach

The Miramar has an oceanfront pool as well as a large first-floor social area with kitchen and bar and a fitness room. Current condo fees are $565 per month. And these fees cover Basic Cable, Common Areas, Elevator, Fire/Liability Insurance, Grounds / Plants, Maintenance Exterior, Pest Control, Pool Service, Recreational Facility, Reserve Funds, Roof Maintenance, Security, Sewer, Trash Removal, and Water. Pets are not allowed in the Miramar, but rentals with some minimum stay restrictions are allowed.

Let us know if you’d like to see some condos in the Miramar.

About The Miramar Royale & Miramar II Condos in Jensen Beach:

Miramar Condos in Jensen Beach

The Miramar Royale and Miramar II Condo buildings are located north of the Jensen Beach Causeway and consist of two oceanfront 20 story buildings. The Miramar II was completed in 1984 and the Miramar Royale was finished in 1990 and has the added benefit of 22 covered garages.

Miramar Condos in Jensen Beach

All the residences have 2 bathrooms and there are both 3 bedroom and 2 bedroom condos. Interior sizes range from 1,703 down to 1,411 sq. ft. of living area (under A.C.).

Miramar Condos in Jensen Beach

Just to the south of Miramar Royale and Miramar II is the original Miramar condo building. Please click here to see these condos.

There is a gated entrance with the following amenities: pool, table tennis, exercise room, sauna, billiards, social room, & grilling area Current condo fees (as of December 2017) range from $630 up to $670 per month, depending on the size and which building the condo is in. Pets are not allowed in the Miramar II but are welcomed in the Miramar Royale (under 30 lbs. only). Both buildings will allow rentals with some minimum stay restrictions.

Here are the currently available Miramar Royale and Miramar II Condos for sale

Here are the currently available Miramar Condos for sale

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 Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise – Ocean Bay Villas – Princess – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Miramar Condos December 2017 Market Report

Stuart FL 34997 Residential Market Report November 2017

12.18.17 by Gabe Sanders

Stuart FL 34997 Residential Market Report November 2017

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for November 2017

For November 2017 in the 34997 Zip Code area of Stuart, Florida:

There are currently 285 active listings (Decreased by 6 homes from October).

138 Residential sales are pending and awaiting close or lender approval (Increased by 7 homes from October).

70 Homes Sold in November (Increased by 2 homes from October)

The Stuart Florida Residential Market for ZIP Code 34997 showed strong activity for November with increased pending and closed sales activity.

The absorption rate inched down to 4.1 months (was 4.3 months for October). Continuing as a seller’s market for the 34997 zip code area of Stuart for November 2017. Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.

The 2016 numbers for November, were: 328 active listings, 132 pending listings, and 62 closed sales. A continuing better market when compared to last year with a lower inventory of available homes for sale.

Stuart FL 34997 Residential Market Report November 2017

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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 November 2017

Ocean Terrace Condos December 2017 Market Report

12.17.17 by Gabe Sanders

Ocean Terrace Condos December 2017 Market Report

For December 2017 there are no condos available for sale in the Ocean Terrace building in Indian River Plantation on Hutchinson Island in Stuart FL.

There are also no condos currently under contract.

In the past 12 months, 4 condos have sold in Ocean Terrace. The sales prices were $195,000 and $249,000 for an average sales price of $216,125 which is $188.18 per sq. ft. of living area. Sale prices averaged 91% of the last list price and these condos averaged 46 days on market before going under contract.

About the Ocean Terrace Condominiums in Indian River Plantation

The Ocean Terrace condos of Hutchinson Island in the Indian River Plantation complex of Stuart FL is a direct oceanfront building. These units were built in 1981 with units having either ocean views or sweeping golf course and lake views of the Indian River Plantation Golf Course

There are 32 units with both two bedroom two bath condos of 1200 sq. ft. of living area and one bedroom one bath condos of 1001 sq. ft. of living area. Ocean Terrace is a four-story elevator building and has the convenience of under building parking for residents. This is a pet-friendly building with one large pet permitted for owners.

Current condo and management fees are around $700 per month.

Indian River Plantation amenities include a golf course, full-service marina, tennis courts, tiki bar and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.

Click here to view available Ocean Terrace Condos for Sale

The Marriott Resort at Indian River Plantation Features:

Indian River Plantation consists of numerous condominium associations and buildings. All styles from Oceanfront to Riverfront and Golf and Tennis villas can be found here. IRP is associated and co-located with the Marriott Resort and Marina.

Tucked away on Hutchinson Island, the Treasure Coast’s 16-mile lush barrier island is a unique resort that greets guests with the warmth of true Southern hospitality.

The Hutchinson Island Marriott Beach Resort and Marina stretches across 200 acres of plantation landscape on Hutchinson Island, bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.

A newly remodeled lobby with sweeping draperies, plantation-style wood furnishings, and tropical tones sets the stage for a magical golf getaway. This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. Plantation East, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

The Hutchinson Island Marriott offers guests and residents two tiki bars and their Signature Restaurant, the Baha Grille. Thirteen Novagrass tennis courts, miles of unspoiled beaches, water sports, deep sea fishing, and a full-service 77-slip marina anchored on the Indian River round out a perfect vacation of sun and fun.

Resort amenities also include three heated pools with sundecks, game rentals from the Activities Hut, two outdoor spas and supervised activities for both children and teens.

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

Ocean Terrace Condos December 2017 Market Report

Harbour Ridge December 2017 Market Report

12.16.17 by Gabe Sanders

Harbour Ridge December 2017 Market Report

Homes:

There are currently 39 homes available for sale in Harbour Ridge. Listing prices range from $50,000 up to $1,350,000 for an average list price of $350,597 ($214,000 – median) which equates to $129.05 per sq. ft. of living area ($119.02 – median).

There are 6 homes under contract which have not closed to date. List prices were from $20,000 up to $750,000 for an average list price of $259,816 or $79.23 per sq. ft. of living area. These homes averaged 229 days on the market prior to going under contract.

In the past 12 months, 31 homes have sold. Sales prices ranged from $10 up to $850,000 for an average sales price of $276,870 or $94.01 per sq. ft. These sales averaged 74% of the last list price and were on the market for an average of 243 days prior to going under contract.

Condos:

There are 52 condos for sale in Harbour Ridge. List prices range from $750 up to $600,000 for an average list price of $122,930 or $60.81 per sq. ft. of living area.

There is one condo currently under contract in Harbour Ridge. This condo was listed for $1,500 which is $0.86 per sq. ft. of living area. This condo was on the market for 129 days prior to going under contract.

13 condos have sold in the past 12 months with sales prices from $1 up to $555,000 for an average of $117,269 which equals $53.42 per sq. ft. These condos sold for an average of 59% of the final list price and took an average of 339 days on market before accepting an offer.

About Harbour Ridge in Palm City FL:

Harbour Ridge is a yacht and country club located right next to the St. Lucie River. Technically located in Saint Lucie County, but Harbour Ridge residents have a Palm City zip code and children attend the ‘A’ rated Martin County School district as it’s location is much closer to Martin County.

This magnificent golf and yachting community offers a wide and varied range of recreational activities for residents only such as; two championship golf courses, tennis programs, a gym center, yacht club with a private marina, and a gorgeous dog park! Harbour Ridge includes many varied types of residences from, a low density community that allows each home to have plenty of green space and a minimum of 1.25 acres to wonderful condos overlooking the wide Saint Lucie River. There is a newly built magnificent club house that is sought after for rentals throughout the community.

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Harbour Ridge December 2017 Market Report

Stuart FL 34996 Condo Market Report November 2017

12.15.17 by Gabe Sanders

Stuart FL 34996 Condo Market Report November 2017

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for November 2017

For November 2017 in the 34996 Zip Code area of Stuart, Florida :

There are currently 134 active condo listings (Increased by 4 condos from last month).

35 Condo sales are pending and awaiting close or lender approval (Increased by 11 condos from October).

15 Condos Sold in November (Down by 7 condos from October)

The Stuart FL 34996 Condo Market of Stuart continues with strong activity even though closed sales were off from last month.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 increased to 8.9 months from October’s 5.9 months. Into a buyer’s market for this segment of Martin County condos but now very close to a buyer’s. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for November 2016 were: 153 active listings, 34 pending sales and 12 closed sales. Better activity this year when compared to 2016.

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Stuart FL 34996 Condo Market Report November 2017

Stuart FL 34996 Residential Market Report November 2017

12.14.17 by Gabe Sanders

Stuart FL 34996 Residential Market Report November 2017

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for November 2017

For November 2017 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 143 active listings (Increased by 14 homes from October).

29 Residential sales are pending and awaiting close or lender approval (Down by 1 homes from October).

19 Homes Sold in November (Increased by 14 homes from October).

The 34996 zip code area of the Stuart Florida residential real estate showed strong activity for November with much stronger closed sales for the month.

The one month absorption rate for the 34996 zip code area of Stuart Florida for November dropped to 7.5 months as compared to October’s 25.8 months. Still a buyer’s market for the 34996 zip code area of Stuart FL but trending in the right direction. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for November of 2016 were: 186 active listings, 24 pending sales, and 9 closed sales. Much better activity this year.

Stuart FL 34996 Residential Market Report November 2017

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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

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Stuart FL 34996 Residential Market Report November 2017

River Village December 2017 Market Report

12.14.17 by Gabe Sanders

River Village December 2017 Market Report

There are 3 River Village Condos available for sale as in December 2017. The list prices for these condos are from $249,000 up to $295,000 for an average list price of $277,967 which equals $280.12 per sq. ft. of living area.

There is one condo under contract that has yet to close. The list price was $259,000 which equals $267.01 per sq. ft. of living area. This condo was on the market for 233 days prior to going under contract.

In the past 12 months, 5 condos have sold in River Village. Sales prices ranged from $250,000 up to $280,000 for an average sales price of $259,300 or $249.03 per sq. ft. of living area. These condos sold for an average of 95% of the last listing price and were on the market for an average of 51 days prior to accepting a contract.

About the River Village in Indian River Plantation:

The River Village condos of Hutchinson Island in the Indian River Plantation complex of Stuart consist of four four story elevator buildings close to the Marriott Resort and full service marina in Indian River Plantation. These units were built in 1980 with most units having views of the Intracoastal Waterway also knows as the Indian River.

There are 64 units all are two bedroom two bath condos of with either 1,068 or 970 sq. ft. of living area. This is a pet friendly building. River Village residents enjoy their own community pool for River Village resident’s exclusive use.

River Village December 2017 Market Report

Stuart FL 34994 Condo Market Report November 2017

12.13.17 by Gabe Sanders

Stuart FL 34994 Condo Market Report November 2017

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for November 2017

For November 2017 in the 34994 Zip Code area of Stuart, Florida :

There are currently 100 active condo listings (Up by 8 condos from October).

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

21 Condos Sold in November (Increased by 7 condos from October).

The Stuart FL 34994 Condo market showed slow but continued improvement from last month. Both pending and closed sales were up and a small rise in inventory.

The absorption rate for November decreased to 4.8 months compared to last month’s 6.6. Back into a seller’s market for this condo segment of Stuart’s 34994 zip code area after one month of a balanced 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 November the numbers were 98 active listings, 30 pending sales, and 20 closed sales. A little bit better activity this year as compared to last year, but very similar.

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

Stuart, FL Real Estate

Business Opportunity Properties

- Business Opportunity Properties for Sale in Stuart, Florida Between $0 – $500,000
- Business Opportunity Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000

Commercial Properties

Land Properties

Rental Properties

- Rental Properties for Rent in Stuart, Florida Between $0 – $500,000

Residential Properties

Residential Income Properties

Residential Income Properties for Sale in Stuart, Florida Between $0 – $500,000

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Stuart FL 34994 Condo Market Report November 2017

Sailfish Cove December 2017 Market Report

12.13.17 by Gabe Sanders

Sailfish (Rigels) Cove December 2017 Market Report

There is one home available for sale in Sailfish (Rigels) Cove. The list price for this home is $1,199,000 or $365.55 per sq. ft. of living area.

There are no homes under contract at this time.

There have been no sales in the past 12 months in Sailfish (Rigels) Cove on Hutchinson Island.

Sailfish (Rigels) Cove on Hutchinson Island

Sailfish Cove real estate

Sailfish (Rigels) Cove is located on Hutchinson Island in Jensen Beach FL. It is also known as Rigels Cove as the name was changed to Sailfish Cove just a little over a year ago. Just a little under a mile to the south of the Jensen Beach Causeway on the shores of the Intracoastal Waterway (also known as the Indian River).

Sailfish Cove real estate

Sailfish (Rigels) Cove was first developed in 1993 and only 11 homes make up this small subdivision with all homes having ocean access waterfront docks. Home sizes range from just under 3,000 sq. ft. of living area up to almost 5,000 sq. ft. HOA fees are approximately $326 a month as of December 2017. These fees include lawn and landscaping, maintenance of the common areas and the gate.

Sailfish Cove real estate

Residents of Sailfish (Rigels) Cove enjoy being in the ‘A’ rated Martin County School System and are just a few minutes from both downtown Jensen Beach as well as historic downtown Stuart FL. Lots of great shopping and amenities close by as well.

Sailfish Cove real estate

Search here for Sailfish (Rigels) Cove Homes for Sale

Sailfish (Rigels) Cove December 2017 Market Report

Stuart Florida 34994 Residential Market Report November 2017

12.12.17 by Gabe Sanders

Stuart Florida 34994 Residential Market Report November 2017

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for November 2017

For November 2017 in the 34994 Zip Code area of Stuart, Florida :

There are currently 81 active listings (Up by 4 homes from October)

28 Residential sales are pending and awaiting close or lender approval (Increased by 1 homes from last month).

13 Homes Sold in October (Increased by 1 homes from October)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed continued positive sales and pending numbers along with an unusual rise in inventory.

The one-month absorption rate for the 34994 zip code for November decreased to 6.2 months from 6.3 months for October. Remaining in a balanced 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 November 2016 numbers were 45 Active Listings, 31 pending sales, and 14 closed sales. Similar pending and sales numbers this year but this is with almost double the inventory, making for a much poorer ratio as compared to last year.

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Search here for Stuart Florida Real Estate for Sale

Stuart Florida Real Estate presented by:
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Stuart, FL Real Estate

Business Opportunity Properties

- Business Opportunity Properties for Sale in Stuart, Florida Between $0 – $500,000
- Business Opportunity Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000

Commercial Properties

Land Properties

Rental Properties

- Rental Properties for Rent in Stuart, Florida Between $0 – $500,000

Residential Properties

Residential Income Properties

Residential Income Properties for Sale in Stuart, Florida Between $0 – $500,000

Stuart Florida 34994 Residential Real Estate Market Report November 2017

Sewalls Point Single Family Market Report November 2017

12.11.17 by Gabe Sanders

Sewalls Point Single Family Market Report November 2017

Sewalls Point Real Estate Snapshot, Residential Sales for November 2017

There are currently 47 active listings (Up by 6 homes from last month)

9 home sales are pending and awaiting close or lender approval (Decreased by 6 homes from October)

10 Homes sold in June (Increased by 9 homes sales from October)

The single-family real estate market in Sewalls Point continues to have less inventory of available homes for sale. Pending sales dropped for last month while closed sales were impressive. A good showing for Sewalls Point for November 2017.

The absorption rate dropped to 4.7 months, in October was 41 months. Into a seller’s market for Sewalls Point single family homes for the first time in many years. 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 November 2016, the inventory was 74 homes on the market, 11 pending sales and there were 2 closed sales. Considerably better sales activity this year, even with significantly lower inventory.

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Rental Properties

- Rental Properties for Rent in Sewalls Point, Florida Between $0 – $100,000

Vacant Land Properties

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Sewalls Point Single Family Market Report November 2017

Willoughby Golf Club Stuart December 2017 Market Report

12.09.17 by Gabe Sanders

Willoughby Golf Club Stuart December 2017 Market Report

There are currently 12 homes on the market in the Willoughby Golf Club, ranging in price from $379,000 to $1,250,000. The average listing price is $613,417 which equates to a price per sq. ft. of living area of $194.83.

There are 3 homes under contract which have not closed as this post was written. The list prices of these pending sales range from $289,888 to $1,075,000 for an average list price of $611,596 which equates to $181.72 per sq. ft. of living area. These homes averaged 204 days on market prior to going under contract.

In the past 12 months, 19 homes have sold in the Willoughby Golf Club. Sales prices ranged from $400,000 up to $1,300,000 for an average sales price of $590,184 which equals $179.63 per sq. ft. of living area. Sales prices averaged 94% of list prices and these were on the market for an average of 110 days before receiving an accepted offer.

Willoughby Golf Club real estate can be found in the city of Stuart. Stuart is located in Martin County Florida and sits on the eastern coast of the Atlantic Ocean along what is commonly referred to as the Treasure Coast. Knowing the location of Willoughby Golf Club real estate is the first step in the right direction. You will soon realize though that the right direction becomes filled with so many benefits that it is hard not to wish of owning a piece of Willoughby Golf Club real estate.

Willoughby Golf Club real estate and surrounding area is made up of a 403-acre, private golf community. The golf club memberships entitle the members the enjoyment of a championship and challenging Arthur Hills designed golf course. Of the 403 acres over 200 are devoted to nature preserves, lakes and the golf course itself. This allows the residents in Willoughby Golf Club real estate to enjoy a low inhabitant’s environment and the splendors of the beautiful climate found along Florida’s coast.

Willoughby Golf Club real estate home sites are complimented by the numerous activities and events that take place in the town of Stuart along with noteworthy locations.

Restored downtown with historical landmarks
exclusive shops
distinctive restaurants
an executive airport
highly viewed schools
library
outstanding professional and medical facilities
a regional mall
many cultural happenings

The Atlantic Ocean is accessible via the St. Lucie Inlet and there are protected inland waterways offering boating and fishing excursions. This is no surprise since Stuart properties are located in the “Sailfish Capital of the World”. Stuart also has miles of pristine beaches.

A short drive south will take you to Palm Beach County with its fashionable shopping, assorted well reputable dining, the Raymond F. Kravis Center and Palm Beach International Airport.

The homes of Willoughby Golf Course real estate are divided into different categories. The entire area is made up of nine different neighborhoods, each as fine as the next. You can choose from various floor plans and styles.

Here are the currently available homes for sale in the Willoughby Golf Club

Willoughby Golf Club Stuart December 2017 Market Report

St Lucie County Townhouses and Condos October 2017 Market Report

12.08.17 by Gabe Sanders

St Lucie County Townhouses and Condos October 2017 Market Report

The St Lucie County Townhouses and Condos October 2017 Market Report rebounded from last month and better than last year. Closed sales were up by 18.1% from last year (was down by 14.7% in September) while new pending sales were up by 83.6% for October (was down by 19.1% in September).

Values were mixed with the median price decreasing by 3.3% from last year (was unchanged in September) while the average sales price increased by 2.7% (was up by 6.1% in September). Continuing a fairly steady rise in values.

The inventory of available townhouses and condos increased by 10 unit from last month to 434 units, which is 15.9% less than October 2016. The current supply is 4.6 months, which is 14.8% less than the 5.4 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.

Click here to view or download the full report:
St Lucie County Townhouses and Condos October 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 October 2017 Market Report

St Lucie County Single Family Homes October 2017 Market Report

12.07.17 by Gabe Sanders

St Lucie County Single Family Homes October 2017 Market Report

St Lucie County Single Family Homes October 2017 Market Report showed stronger activity as compared to last year. Closed sales were up by 16.7% (in September they were down by 13.6%) and new sales under contract (new pending sales) increased by 25.9% (they were down by 30.2% last month).

Prices continued to rise. The median and average sales prices up by 17.0% and 10.4% respectively from last October (For September these numbers were up 11.4% and 12.5%). The continued rate of price increases is beginning to have a major impact on affordability in St Lucie County.

Active listings increased by 3 homes down to 1,565 homes. This inventory is 6.4% lower than last year. The current supply of homes is 3.4 months (was 3.5 months for September) compared to 3.8 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.

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

Admiralty Condos Palm City FL December 2017 Market Report

12.07.17 by Gabe Sanders

Admiralty Condos Palm City FL December 2017 Market Report

As of December 2017, there are 2 condos on the market in the Admiralty Condos. Prices are $635,000 and $895,000 with the average list price being $765,000 which equals $280.15 per sq. ft. of living area.

There are 3 condos currently under contract and awaiting settlement. The list prices ranged from $675,000 to $799,000 for an average list price of $748,000 or $281.58 per sq. ft. of living area. These condos were on the market for an average of 171 days prior to going under contract.

In the past 12 months, 4 Admiralty condos have sold. The sales prices ranged from $520,000 up to $640,000 for an average sales price of $558,750 or $230.93 per sq. ft. of living area. These condos sold for an average of 94% of the most recent list price and were on the market for an average of 181 days prior to going under contract.

About the Admiralty Condos in Palm City Florida:

The Admiralty Condos are situated directly by the beautiful Saint Lucie River are an ocean lover’s haven. Located in desirable Palm City, The Admiralty features large balconies facing the pristine waters of the Saint Lucie River with perfect sunrise views. The varieties of 3 and 4 bedroom floor plans come with amenities such as 2 full car garages and additional storage space.

the Admiralty in Palm City FL

With safety and security in mind, the community is gated and the luxurious and spacious condo’s come equipped with hurricane windows and doors along with a 22 slip protected marina for the residents use. Enjoy the heated pool, clubhouse, meeting room, and exercise room.

the Admiralty in Palm City FL

Current Condo association fees in the Admiralty range from the $700 to under $900 dollars per month depending on the unit size. There are five buildings which make up the Admiralty condo complex in Palm City, Florida. Three of which were built in 1989-1990. The two newer buildings were completed in 2005. These condos offer unparalleled luxury and spaciousness for the price. Equivalent condos on the Ocean with these amenities are either non-existent or will cost well over $1 million dollars.

the Admiralty in Palm City FL

The Admiralty is close to fantastic schools such as Martin County High School, Hidden Oaks Middle School, and Bessey Creek Elementary. There are also plenty of restaurants and entertainment areas in and around this wonderful area!

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Admiralty Condos Homes for Sale in Palm City Florida

Admiralty Condos Palm City FL December 2017 Market Report

Martin County Townhouses and Condos October 2017 Market Report

12.06.17 by Gabe Sanders

Martin County Townhouses and Condos October 2017 Market Report

Martin County Townhouses and Condos October 2017 Market Report showed very strong activity for the month. Closed sales for the month were up by 60.8% (were down by 17.8% in September) while new sales under contract (new pending sales) were up by 45.9% from October 2016 (decreased by 30.1% in September).

Prices, also, were up for October as the median sales price increased by 18.6% (was up by 6.1% in September) while the average sales price increased by 33.6% (was up by 18.9% in September) as compared to October of 2016. Improved results from last month as well as last year.

The inventory of available townhouses and condos increased by 18 units to 365 properties as compared to last month. This is 9.0% less than the October 2016 inventory. Currently, there’s a 3.8 month supply of inventory (compared to 4.2 months for October 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.

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

Beachwood Villas Hutchinson Island December 2017 Market Report

12.06.17 by Gabe Sanders

Beachwood Villas Hutchinson Island December 2017 Market Report

There is currently 1 active listing in Beachwood Villas of Hutchinson Island. The list price is $315,000 which is $336.18 per sq. ft. of living area.

There are currently no pending sales in Beachwood Villas.

5 condos have sold in Beachwood Villas in the past 12 months. The sales prices were from $255,000 up to $385,000 for an average sales price of $385,000 or $269.55 per sq. ft. of living area. These condos sold for an average of 97% of the final listed price and in an average of 65 days on market until there was an accepted offer.

Beachwood Villas on Hutchinson Island is a condo complex with 80 units that were built in 1975. Conveniently located halfway between the Jensen and Stuart Causeways this oceanfront complex features two bedroom, two bathroom condos ranging in size from 937 ft.² of living area up to 1259 ft.².

Many units have direct oceanfront views and all of the condos have under building parking to keep your car out of the harsh sun. Amenities include direct ocean access and a heated pool and spa.

At the time of this writing management and condo fees are approximately $560 per month. Beachwood Villas is a pet friendly community with two large dogs permitted for owners.

Those living in Beachwood Villas feel like they are in a tropical ocean paradise.

Search here for all available Beachwood Villas for Sale

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

Stuart Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Beachwood Villas Hutchinson Island December 2017 Market Report

Beachwalk Condos Indian River Plantation December 2017 Market Report

12.05.17 by Gabe Sanders

Beachwalk Condos Indian River Plantation December 2017 Market Report

There are no condos currently for sale in Beachwalk for December 2017.

Also, no condos currently under contract in Beachwalk.

In the past 12 months, 4 condos have sold in Beachwalk. The sales prices ranged from $280,000 up to $325,000 for an average sales price of $298,750 which is $220.00 per sq. ft. of living area. These condos sold for an average of 92% of the listed price and also took an average of 166 days on market prior to receiving an acceptable offer.

About the Beachfront Condos in Indian River Plantation:

Beachwalk in Indian River Plantation Beachwalk in Indian River Plantation is a condo complex with 56 2 bedroom, 2 bathroom condos of either 1,253 or 1,274 sq. ft. of living area. The Beachwalk complex was built in 1993 making it one of the newer areas of Indian River Plantation on Hutchinson Island.

Beachwalk is only steps away from the beach, tennis courts, and golf course that are available through the Marriott at Hutchinson Island resort beach club. Enjoy evening cocktails and a snack at the Tiki Bar by the beach or take the free tram to the Marriott Hotel for a great meal any time of the day.

All condos in Beachwalk offer a split plan with two master suites each with their own bath. This is a pet friendly community with some buildings allowing up to 2 large pets. Management and Condo fees were around $520 per month at the time of this writing. One assigned parking spot is provided plus extra guest spaces are available for all residents.

Enjoy true resort style luxury living without having to pay luxury prices at the Beachwalk in Indian River Plantation.

Click here to search for available Beachwalk Condos for Sale

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

Stuart Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Beachwalk Condos Indian River Plantation December 2017 Market Report

Florida Townhouses and Condos October 2017 Market Report

12.04.17 by Gabe Sanders

Florida Townhouses and Condos October 2017 Market Report

The Florida Townhouses and Condos October 2017 Market Report showed stonger activity as compared to last year. Closed sales were up by 2.2% as compared to last month’s decrease of 15.9% and new sales under contract (new pending sales) increased by 12.9% (In September there was a 32.7% decrease).

Prices continue to go up. Median sales prices were up by 5.2% (was up by 8.1% in September), while the average sales price increased by 6.2% (was up 7.9% in September).

The inventory of active listings decreased by 3.4% from October of last year. For October 2017 we have 5.6 months of inventory (was 5.5 months in September) and compared to 5.9 months for October 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.

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 October 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 October 2017 Market Report