Plantation Club Villas Indian River Plantation December 2017 Market Report

Plantation Club Villas Indian River Plantation December 2017 Market Report

There is 1 active listing in the Plantation Club Villas of Hutchinson Island for early December 2017.  This condo is listed for $259,900 or $203.68 per sq. ft. of living area.

There is 1 pending sale in the Plantation Club Villas.  This condo was listed for $299,000 which equals $209.82 per sq. ft. of living area.  This condo was on the market for 376 days prior to going under contract.

2 condos have sold in the Plantation Club Villas in the past 12 months.  The sales prices were $260,000 and $282,500 which averages to $271,250 and equals $223.62 per sq. ft. of living area.  These condos sold for an average of 96% of the last listed price and were on the market for an average of 47 days before receiving an accepted offer.

About the Plantation Club Villas

The Plantation Club Villas condos of Hutchinson Island in the Indian River Plantation complex of Stuart FL lie next to the pro shop for the golf course.  These units were built in 1987 and most have views of lakes, golf course or private preserves.

Plantation Club Villas on Hutchinson IslandThere are 48 two bedroom two bath condos ranging in size from 1,188 sq. ft. of living area up to 1,430 sq. ft.  The Plantation Club Villas is a four story elevator building and has the convenience of under building parking for residents.

Plantation Club Villas on Hutchinson Island

Current condo and management fees are around $367 per month.

Plantation Club Villas on Hutchinson IslandIndian 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.

Plantation Club Villas on Hutchinson Island

Click here to view available Plantation Club Villas for Sale

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Other Indian River Plantation Condos you may wish to consider: 
Bayview, Beachwalk, Dunes Club, Fairway Villas, Inlet Village, Lakeside, Ocean House, Ocean Terrace, 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

Plantation Club Villas Indian River Plantation December 2017 Market Report

 

 

Florida Single Family Homes October 2017 Market Report

Florida Single Family Homes October 2017 Market Report

The Florida Single Family Homes October 2017 Market Report showed stronger activity as compared to last year.  Closed sales were up by 2.0% (were down by 20.4% in September) and new sales under contract (new pending sales) were up by 10.1% (were down by 30.2% in September).

Both the median and average sales prices continued to rise when compared to last year.  Up by 7.1% and 6.8% respectively, compared to September’s 7.6% and 5.9%.

The inventory of available homes for sale fell by 5.7% from last year.  For October there was a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (October of 2016 had a 4.1 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 is once again decreasing which continues to put pressure on rising prices and sales.

October 2017 Florida Single Family Homes Market Report

Click here to view or download the full report:

Florida 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.

Florida Single Family Homes October 2017 Market Report

Hobe Sound FL 33455 Condo Market Report October 2017

Hobe Sound FL 33455 Condo Market Report October 2017

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

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

There are currently 13 active condo listings. (Decreased by 4 condos from September)

Hobe Sound FL 33455 Condo Market Report October 2017

8 Condos are pending and awaiting close. (Up by 5 condo from September)

Hobe Sound FL 33455 Condo Market Report October 2017

1 Condos sold in October. (Unchanged from September)

 Hobe Sound FL 33455 Condo Market Report October 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory dropped this month while sales remained slow.  There was a good jump in pending sales which could have a positive impact on future closed sales.

The absorption rate for Hobe Sound condos was 13 months for October as compared to 17 months in September). 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 October 2016 numbers were: 6 active listings, 1 pending sales, and 1 closed sales.  Slightly higher activity this year as compared to last year.

Hobe Sound FL 33455 Condo Market Report October 2017

Are you interested in the value of your Hobe Sound FL Condo?
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Hobe Sound FL 33455 Condo Market Report October 2017

Eaglewood November 2017 Market Report

Eaglewood November 2017 Market Report

As of November 2017, there is 1 home for sale in Eaglewood in Hobe Sound FL.  This home is listed for $239,500 or $174.44 per sq. ft. of living area.

There are two homes currently under contract.  List prices were $152,000 and $205,000 for an average list price of  $178,500 which equals $140.33 per sq. ft. of living area. These homes wwere on the market for an average of 52 days prior to going under contract.

In the past 12 months, 18 Eaglewood homes have sold.  Sales prices ranged from $85,000 up to $293,000.  The average sales price was $203,111 which works out to $122.25 per sq. ft. of living area.  These homes sold for 94% of list price and were on the market for an average of 102 days prior to going under contract.

 About Eaglewood in Hobe Sound FL:

Eaglewood in Hobe Sound

Eaglewood is a 55+ equity golf club community in Hobe Sound FL conveniently located between the towns of Stuart and Jupiter FL.  There are 300 homes in this wonderful community which include attached villas, patio homes, and cluster courtyard attached homes.  Home sizes range from a low of 1,158 sq. ft. with 2 bedrooms and 2 bathrooms up to just under 2,400 sq. ft. with 3 bedrooms (or 2 bedrooms plus den) and 2 and 1/2 baths and garage.  These homes were built between 1983 to 1990.

Eaglewood in Hobe Sound Eaglewood in Hobe Sound

Buying into this community allows all residents unlimited golf with no greens or trail fees and most owners own their own golf carts.  This community revolves around its active clubhouse with a dining room, dance floor, card room and refreshments at the recently updated 19th hole lounge.  There is a resident golf pro along with a pro-shop in the community.

Eaglewood in Hobe Sound Eaglewood in Hobe Sound

In addition to the golf, Eaglewood has a heated pool and spa, two soft-surface paved tennis courts, bocce courts and a craft and shop room for the hobbyists.  Those looking for year-round social activities among a close-knit group of friends will love living in Eaglewood as they have a full social calendar.

HOA fees as of September 2017 are from $436.00 to $494.00 a month depending on the location and size of the home within the community.  These fees include unlimited golf, use of all the common areas as well as social activities (some social activities may have an additional charge).  Pets are permitted in Eaglewood.

 

Here are the currently available Eaglewood Homes for Sale

Stuart FL real estate information from Gabe Sanders

Click here for an advanced real estate search for Stuart FL

Eaglewood November 2017 Market Report

Hobe Sound FL 33455 Residential Market Report October 2017

Hobe Sound FL 33455 Residential Market Report October 2017

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

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

There are currently 212 active listings. (Increased by 35 homes from September)

Hobe Sound FL 33455 Residential Market Report October 2017

49 Residential sales are pending and awaiting close  (Down by 8 homes from September)

Hobe Sound FL 33455 Residential Market Report October 2017

29 Homes Sold in October (Up by 1 homes from last month)

Hobe Sound FL 33455 Residential Market Report October 2017

The Hobe Sound Florida Market Report ZIP Code 33455 showed a second slower month with an unexpected jump in inventory.  Some of this decreased activity may have been caused by Hurricane Irma which shut down real estate for a little over a week in September.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 jumped to 7.3 months ( It was 6.3 months in September).  Now a buyer’s market after a brief month as 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 October 2016 were:  198 active listings, 59 pending sales, and 33 closed sales.  Better activity for 2016 on slightly lower inventory levels.

Hobe Sound FL 33455 Residential Market Report October 2017

Are you interested in the value of your Hobe Sound FL Home?
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Search here for Hobe Sound Florida Real Estate for Sale

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Hobe Sound FL 33455 Residential Market Report October 2017

Hansons Landing November 2017 Market Report

Hansons Landing November 2017 Market Report

As of November 2017, there are 5 condos for sale in Hansons Landing in Rocky Point in Stuart FL.  List prices range from $228,500 up to $400,000 for an average list price of $333,600 which equals $233.22 per sq. ft. of living area.

There is one condo currently under contract.  The list price was $350,000 or $220.13 per sq. ft. of living area. This condo was on the market for 109 days prior to going under contract.

In the past 12 months, 11 Hansons Landing condos have sold.  Sales prices ranged from $161,500 up to $330,000.  The average sales price was $229,318 which works out to $187.64 per sq. ft. of living area.  These condos sold for 96% of list price and were on the market for an average of 31 days prior to going under contract.

 About Hansons Landing in Rocky Point:

Hansons Landing November 2017 Market Report

Located on 27 acres along the Intracoastal Waterway at the south-east tip of Rocky Point is the Hanson’s Landing Condominiums. This complex is adjacent to the Miles Grant Country Club and residents have the option of becoming social or full golf members of the country club.

Rocky Point Waterfront Condo

Condos in Hanson’s Landing range from 2 bedroom, 2 bathroom units of 1,135 sq. ft. of living area up to 1,460 sq. ft. 3 bedroom and 2 bathroom units. A number of condos have covered carports for parking while others have reserved off-street spaces along with ample guest parking. The buildings of Hanson’s Landing were built from 1985 to 1996. All condos overlook a lake, canal or Intracoastal Waterway.

Rocky Point Waterfront Condo

Amenities include a heated outdoor swimming pool, tennis courts, horseshoe court, and a clubhouse that hosts social and meeting functions

There is also a community dock with 18 slips that are deeded to condo owners. These docks may be transferred among Hanson’s Landing owners as well as rented to residents. Those looking to manually enjoy the river, there is a kayak/canoe racks for an owner to store their personal watercraft.

Rocky Point Waterfront Condo

All ages are welcome here and 1 pet under 25 lbs. is also allowed. For those interested in investing or making these condos pay for themselves, rentals are allowed for a minimum of 3 months at a time, for up to two times a year.

Rocky Point Waterfront Condo

The HOA fees are $304 per month which includes lawn service, basic cable TV, trash removal and maintenance of the exterior of the building and insurance.

Here are the currently available Hanson’s Landing Condos for Sale

Stuart FL real estate information from Gabe Sanders

Click here for an advanced real estate search for Stuart FL

Hansons Landing November 2017 Market Report

Jensen Beach FL 34957 Condo Market Report October 2017

Jensen Beach FL 34957 Condo Market Report October 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for October 2017

For October 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 84 active listings. (Increased by 2 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2017

32 Condo sales are pending and awaiting settlement. (Up by 1 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2017

24 Condos Sold (Down by 1 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2017

 The Jensen Beach FL 34957 Condo Market Report for October shows a continuing active market even as the inventory continues to decline making for fewer available condos available to purchase.  The Jensen Beach condo market appears to be one of the few segments that has not been affected by September’s hurricane.

The one month absorption rate for the October 2017, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 3.5 months (from 3.3 months in September), still a very stronger seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The October 2016 numbers were: 128 active listings, 30 pending sales and 22 condos closed.  Considerably stronger activity this year with reduced inventory.

Jensen Beach FL 34957 Condo Market Report October 2017

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

Jensen Beach Florida Real Estate presented by:
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Gabe Sanders

Jensen Beach FL 34957 Condo Market Report October 2017

Snug Harbor West November 2017 Market Report

Snug Harbor West November 2017 Market Report

For November 2017 there is one home available to purchase in Snug Harbor West in Stuart FL.  This home is listed for $1,750,000 or $455.61 per sq. ft. of living area.

There are no homes currently under contract in Snug Harbor West.

In the past 12 months, one home sold in Snug Harbor West.  The sales price was $945,000 which equals $285.67 per sq. ft. of living area.  This home sold for 95% of list price and was on the market for 135 days prior to going under contract.

About Snug Harbor West in Stuart FL:

Snug Harbor West in Stuart FL

Snug Harbor West is a gated community of 17 home sites each with a deeded dock on the shores of the Saint Lucie River in a very convenient in town location in Stuart FL yet still in a quiet and peaceful location.  At this writing (September 2017) there are 11 homes in this community with 6 vacant lots (none of which are currently available for sale).

Snug Harbor West in Stuart FL Snug Harbor West in Stuart FL

These homes were constructed from 2003 till 2013 and range in sizes from a 3 bedroom, 2 bathroom home with 2,420 sq. ft. per living area up to 6,795 sq. ft. two story home which includes guest quarters.  All of these homes are of a Key West style which is a requirement of the Homeowner’s’ Association.  Currently, the HOA fees are $298.00 per month which includes the common areas, gated entry, community pool, tennis courts and waterfront area.

Snug Harbor West in Stuart FL Snug Harbor West in Stuart FL

The community pool and tennis courts are shared with the neighboring Four Winds on the River condo community.

Deeded docks extend into the Saint Lucie River with a finger pier and lifts are permitted.  Docks are suitable for various size boats up to a maximum of approximately 35’ depending on the boat and the draft.

Snug Harbor West in Stuart FL Snug Harbor West in Stuart FL

Children in Snug Harbor West currently attend the J.D. Parker Elementary School, Stuart Middle School, and the Jensen Beach High School.  This excellent location is just about 2 miles from Stuart Beach as well as about the same distance from historic downtown Stuart.  Also, close to shopping, restaurants, medical facilities and professional offices.

Snug Harbor West homes don’t often come on the market but you can click on this link to see if any are currently available for sale.  Or, check here for any vacant lots for sale.

Stuart FL real estate information from Gabe Sanders

Click here for an advanced real estate search for Stuart FL

Snug Harbor West November 2017 Market Report

Jensen Beach FL 34957 Residential Market Report October 2017

Jensen Beach FL 34957 Residential Market Report October 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for October 2017

 For October 2017 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 143 active listings. (Up by 1 homes from last month)

Jensen Beach FL 34957 Residential Market Report October 2017

52 Residential sales are pending and awaiting close or lender approval. (Down by 3 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2017

39 Homes Sold (Up by 10 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2017

The Jensen Beach FL 34957 Residential Market rebounded strongly for October after a slightly weaker hurricane impacted September market.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dipped to 3.7 months ( was 4.9 months in September).  More of a seller’s market for Jensen Beach residential sales.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The October 2016 numbers were: 171 active listings, 69 pending sales, and 37 home sales closed.  Better sales activity this year on a considerably lower amount of available homes for sale.
Jensen Beach FL 34957 Residential Market Report October 2017
Are you interested in the value of your Jensen Beach FL Home?
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Search here for Jensen Beach Real Estate for Sale

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report October 2017

The Medalist November 2017 Market Report

The Medalist November 2017 Market Report

As of November 2017 there are 16 homes for sale in the Medalist in Hobe Sound FL.  This includes a selection of both new and pre-owned homes.  List prices range from $585,000 up to $1,849,000 for an average list price of $1,240,658 which works out to $335.11 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 3 homes have sold in the Medalist.  Sales prices ranged from $650,000 up to $1,350,000 for an average sales price of $1,050,000 which equals $273.74 per sq. ft. of living area.  These homes sold for an average of 92% of the final list price and went under contract in an average of 185 days.

About The Medalist in Hobe Sound Florida:

It just doesn’t get any better that The Medalist if you want to play golf.  Surrounded by over 870 acres of pristine Florida natural preserve and the home of Greg Norman’s signature golf course.

The Medalist in Hobe Sound Florida

The Medalist is located in Hobe Sound between Jupiter and Stuart Florida.  Easy access to Jupiter Island and the beaches and also a quick ride to I-95 and points South or North.

The Medalist in Hobe Sound Florida

New homes are available from quality builder Zuckerman Homes as well as a number of fine pre-owned homes in the estates or the Medalist Village.   All homes at The Medalist Country Club Estates & Spa in Hobe Sound include access to the incomparable Medalist Village consisting of a world-class spa facility, a unique Par 3 golf course designed by Greg Norman, classic Har-Tru tennis courts, and a distinctive Aussie Pub that serves as the social center of the Medalist Village.

The Medalist in Hobe Sound Florida

HOA fees in the Medalist vary greatly by location and currently (November 2017) range from $208 up to $558 per month.  The higher HOA homes typically include membership in the adjoining Greg Norman-designed par-3 golf course, 2 Har-Tru tennis courts, spa and fitness facilities, & Aussie Pub that serves as the social center of the community.

The Medalist in Hobe Sound Florida

Children who live in the Medalist are zoned to attend Hobe Sound Elementary School, Murray Middle School and South Fork High School.

Please contact us for a list of amenities as well as currently available homes at the Medalist that are not available on our search page.

Search for Hobe Sound Florida Golf Course Homes for Sale

The Medalist November 2017 Market Report

Harborage Yacht Club November 2017 Market Report

Harborage Yacht Club November 2017 Market Report

For November 2017 there are 11 active listings in the Harborage Yacht Club with list prices ranging from $129,900 up to $184,900 for an average list price of $154,645 which comes out to $128.10 per sq. ft. of living area.

There are 2 condos currently under contract.  The list prices were $125,000 and $164,000 for an average list price of $144,500 or $117.67 per sq. ft. of living area. These 2 condos were on the market for an average of 163 days before going under contract.

In the past 12 months, 10 condos have sold.  Sales prices were from $92,000 up to $279,000 for an average sales price of $159,915 which equals $130.12 per sq. ft. of living area.  These condos sold on average at 92% of list price and took an average of 105 days before going under contract.

About the Harborage Yacht Club Condos in Stuart Florida:

Harborage Yacht Club in Stuart Florida
Harborage Yacht Club in Stuart Florida

Located just north of the charming historical heart of Martin County, Stuart’s downtown and just across the Roosevelt Bridge is one of Stuart’s newest waterfront communities, the Harborage Yacht Club and Marina. Located on the shores of the wide Saint Lucie River and only minutes to access the Atlantic Ocean via the Saint Lucie Inlet and then either great fishing or travel to points beyond.

The Harborage Yacht Club and Marina consist of a newer condo development with 2 and 3 bedroom luxury residences called cottages, almost all with sweeping water views. Developed by well renowned Altman Development Corporation and constructed from 2004 to 2006.  Completely sold out at its unveiling, many units are currently available at deeply discounted prices.

Harborage Yacht Club in Stuart FloridaHarborage Yacht Club in Stuart FloridaThe marina consists of 150 deep water docks available for rent for both owners and visitors to the beautiful Treasure Coast. Amenities include a state of the art 3 story yacht club, with the exclusive Harbor Grille restaurant, a completely equipped professional fitness center with sauna and spa, infinity edge pool and spa, and much, much more.

Yacht club membership is included for all residents and limited memberships are available for non-residents at this time. Recent changes to the HOA fees have had a negative effect on sales in Harborage with the current fees exceeding $1,000 a month.  This includes a great many amenities and for the price of newer waterfront units that may just be worth it for the right buyer.

Search for available Condos in the Harborage Yacht Club

 Harborage Yacht Club November 2017 Market Report

Palm City FL 34990 Condo Market Report October 2017

Palm City FL 34990 Condo Market Report October 2017

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for October 2017

For October 2017 in the 34990 Zip Code area of Palm City, Florida :

There are currently 75 active condo listings. (Increased by 7 condos from September)

   Palm City FL 34990 Condo Market Report October 2017

11 Condo sales are pending and awaiting close or lender approval. (Up by 4 condos from last month)

Palm City FL 34990 Condo Market Report October 2017

2 Condos Sold in October. (Down by 1 condos from July)

Palm City FL 34990 Condo Market Report October 2017

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Market activity dropped for Palm City condos and this segment remains a difficult one for sellers.  (Though a good part of this difficulty comes from two equity golf club communities.)

The current absorption rate for condos in the 34990 zip code area jumped to 37.5 months (was 22.7 months in July).  Now in an extreme buyer’s market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The October 2016 numbers were: 76 active listings, 9 pending sales and 5 closed sales.   Better activity last year.
Palm City FL 34990 Condo Market Report October 2017
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:
Gabe Sanders

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report October 2017

Palm City FL 34990 Residential Market Report October 2017

Palm City FL 34990 Residential Market Report October 2017

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for October 2017

For October 2017 in the 34990 Zip Code area of Palm City Florida :

 There are currently 347 active listings (Increased by 12 homes from September)

Palm City FL 34990 Residential Market Report October 2017

126 Residential sales are pending and awaiting close or lender approval. (Down by 20 homes from last month)

Palm City FL 34990 Residential Market Report October 2017

66 Homes Sold in September (Up by 23 home from September)

Palm City FL 34990 Residential Market Report October 2017

The Palm City FL, zip code 34990 residential real estate market remains very active.  A solid increase in cosed sales from last month but an unfortunate drop in pending sales as well.
The monthly absorption rate jumped up to 5.3 months from 7.8 months in September.  Back into a seller’s market for the Palm City zip code 34990 area for residential sales.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The October 2016 numbers were:  400 active listings, 114 pending sales, and 55 closed sales.  Much better activity this year even with a smaller inventory of available homes for sale.

Palm City FL 34990 Residential Market Report October 2017

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

 Search here for Palm City Florida Real Estate for Sale:

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

 

Palm City FL 34990 Residential Market Report October 2017

Stuart FL 34997 Condo Market Report October 2017

Stuart FL 34997 Condo Market Report October 2017

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

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

There are currently 53 active condo listings (Increased by 4 condos from September).

Stuart FL 34997 Condo Market Report October 2017

25 Condo sales are pending and awaiting close or lender approval (Increased by 7 condos from September).

Stuart FL 34997 Condo Market Report October 2017

10 Condos Sold in October (Decreased by 3 condos from September).

Stuart FL 34997 Condo Market Report October 2017

     The Stuart FL condo market for zip code 34997 continues to show strong activity even with a decrease in closed sales for the past two months.  This decrease may be attributed to Hurricane Irma which shut down real estate for a little over a week in September with ripple effects that have continued.
     The absorption rate increased to 5.3 months in October compared to 3.8 months for September.  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 October 2016 numbers were: 72 active listings, 27 pending sales, and 6 closed sales.  Better closed sales this year even with a lower inventory of available condos.

Stuart FL 34997 Condo Market Report October 2017

Stuart Florida Real Estate presented by:
Gabe Sanders

 

Stuart FL 34997 Condo Market Report October 2017

 

 

Stuart FL 34997 Residential Market Report October 2017

Stuart FL 34997 Residential Market Report October 2017

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

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

There are currently 291 active listings (Increased by 17 homes from September).

Stuart FL 34997 Residential Market Report October 2017

131 Residential sales are pending and awaiting close or lender approval (Increased by 1 homes from September).

Stuart FL 34997 Residential Market Report October 2017

68 Homes Sold in October (Unchanged from September)

Stuart FL 34997 Residential Market Report October 2017

      The Stuart Florida Residential Market for ZIP Code 34997 remains active with good activity even through last September’s hurricane.
     The absorption rate inched up to 4.3 months (was 4.0 months for September).  Continuing as a seller’s market for the 34997 zip code area of Stuart for October 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 October, were: 331 active listings, 132 pending listings, and 58 closed sales.  Better closed activity this year with a lower inventory.
Stuart FL 34997 Residential Market Report October 2017

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

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

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

Stuart FL 34997 Residential Market Report October 2017

 

Buttonwood Condos November 2017 Market Report

Buttonwood Condos November 2017 Market Report

For November 2017, there are 2 condos available for sale in the Buttonwood Condos on Hutchinson Island in Stuart FL.  The list prices are $949,000 and $1,000,000 which averages to $974,500 or $424.81 per sq. ft. of living area.

No condos are currently under contract in Buttonwood.

In the past 12 months, there have not been any sales in the Buttonwood condos,

About the Buttonwood Condos on Hutchinson Island:

Buttonwood Condos on Hutchinson Island

The Buttonwood Condos on Hutchinson Island are some of the most spacious homes available on the ocean.  These condos were built in 1983 and offer only 18 residences for discerning customers interested in a luxury oceanfront lifestyle.  These condos range in size from a 3 bedroom, 4 bath residences of just under 2,300 sq. ft. of air-conditioned space plus balconies down to 2 bedroom, 2 bath with over 1,600 sq. ft.

Buttonwood Condos on Hutchinson Island Buttonwood Condos on Hutchinson Island

Buttonwood residents enjoy private access to their own beach on the Atlantic, a heated pool and spa, clubhouse and tennis court.  Additional amenities include private garages for all units, a vehicle wash area, and bicycle storage.

Buttonwood Condos on Hutchinson Island Buttonwood Condos on Hutchinson Island

Buttonwood is a pet-friendly building with up to 2 large dogs permitted.  No rentals are allowed.

Buttonwood Condos on Hutchinson Island Buttonwood Condos on Hutchinson Island

Condo and management fees are just over $800 a month.  Buttonwood Condos on Hutchinson Island in Stuart FL is located approximately 1 mile north of the Stuart Causeway.

Buttonwood Condos on Hutchinson Island Buttonwood Condos on Hutchinson Island

Search here for all Buttonwood condos for Sale

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider:
Angler Cove  Beachwood Villas  Buttonwood  Dune Condominium  Fairwinds Cove  Green Turtle Cove  Hutchinson House Indian River Plantation Condos  Islander 12  Jensen Beach Club  Little Ocean Club  Little Ocean Place  Maritimes  Ocean View Sailfish Point  Sandpebble  Seaside  Suntide

Buttonwood Condos November 2017 Market Report

Stuart FL 34996 Condo Market Report October 2017

Stuart FL 34996 Condo Market Report October 2017

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

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

There are currently 130 active condo listings (Increased by 18 condos from last month).

Stuart FL 34996 Condo Market Report October 2017

24 Condo sales are pending and awaiting close or lender approval (Decreased by 9 condos from September).

Stuart FL 34996 Condo Market Report October 2017

22 Condos Sold in October (Up by 1 condos from September) 

Stuart FL 34996 Condo Market Report October 2017

The Stuart FL 34996 Condo Market of Stuart continued with steady activity though pending sales were off which may indicate some slower sales numbers in the coming months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 increased to 5.9 months from September’s 5.3 months.  Still a seller’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 October 2016 were: 137 active listings, 23 pending sales and 11 closed sales.  One of the few areas of martin County with better activity this year when compared to 2016.

Stuart FL 34996 Condo Market Report October 2017

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Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report October 2017

Islandia Condos November 2017 Market Report

Islandia Condos November 2017 Market Report

In late November 2017, there are 10 condos for sale in Islandia on Hutchinson Island in Jensen Beach FL.  List prices range from $325,000 up to $550,000 for an average list price of $400,530 or $301.03 per sq. ft. of living area.

There is 1 condo currently under contract in Islandia.  This condo was listed for $324,900 which is $264.58 per sq. ft. of living area.  This condo was on the market for 27 days prior to going under contract.

In the past 12 months, 25 Islandia condos have sold.  Sales prices ranged from $210,000 up to $350,000 for an average sales price of $304,229 which is equal to $283.57 per sq. ft.  These units sold for an average of 95% of list price and averaged 144 days on market prior to going under contract.

About the Islandia Condos of Jensen Beach on Hutchinson Island:

Islandia Condos of Jensen Beach

The Islandia Condos of Jensen Beach on Hutchinson Island consists of two 20 story buildings that were built in 1982. There are 388 total residences in these two buildings which are called Islandia I and II. Very conveniently located to the north of the Jensen Beach Causeway, and is just a short drive away from downtown Jensen Beach, shopping and restaurants.

Islandia Condos of Jensen Beach Islandia Condos of Jensen Beach

Condos in Islandia come in large 3 bedroom, 3 bathroom units with 1,929 sq. ft. of living area plus balconies and 3 bedroom, 2 bathroom units with 1,544 sq. ft. as well as 2 bedroom, 2 bath condos with either 1,437 or 1,228 sq. ft. Islandia residents enjoy wonderful amenities that include 2 Oceanside pools, private beach access, BBQ grilling area, Jacuzzi, tennis and bocce courts, and overflow parking with trailer and RV parking spaces. Interior facilities include a large social area with bar and kitchen, billiards, fitness center and steam sauna. There is an office with on-site management and 24 guard gated security.

Islandia Condos of Jensen Beach Islandia Condos of Jensen Beach

Islandia I does not allow pets, while those in Islandia II are allowed one pet under 30 lbs. Both buildings allow rentals with restrictions. The condo association fees range from $475.00 to $655.00 per month (as of November 2017).

Islandia Condos of Jensen Beach Islandia Condos of Jensen Beach

Those looking for a friendly beach community on Hutchinson Island in Jensen Beach should take a look at the Islandia Condo offerings.

Islandia Condos of Jensen Beach Islandia Condos of Jensen Beach

Click here for currently available Islandia Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you November wish to consider:
Admiral  Atlantis  Claridge  Dune Walk  Empress  Island Club –  Island Crest  Island Dunes  Miramar  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

Islandia Condos November 2017 Market Report

 

Riverbend at IRP November 2017 Market Report

Riverbend at IRP November 2017 Market Report

In November of 2017, there is only 1 condo for sale in the Riverbend community of Indian River Plantation.  This condo has a list price of $424,000 or $282.67 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 6 condos have sold.  Sales prices ranged from $320,000 up to $480,000 for an average sales price of $395,167 which equals $251.29 per sq. ft.  These units sold for an average of 96% of list price and averaged 191 days on market prior to going under contract.

About Riverbend in Indian River Plantation

Riverbend in Indian River Plantation

The Riverbend condos of Hutchinson Island in the Indian River Plantation complex of Stuart consist of five three story elevator buildings close to the Marriott Resort and full service marina in Indian River Plantation. These units were built between 198 and 1989 with many condos having magnificent wide water views of the Intracoastal Waterway also knows as the Indian River and others with sweeping views of the Indian River Plantation Golf Course and lakes.

aerial 2 Riverbend in Indian River Plantation

There are 86 spacious condos with a mix of three bedroom, three bathroom condos of 1,950 sq. ft. and two bedroom two bath condos ranging in size from 1,366 or 1,735 sq. ft. of living area. This is a pet friendly building with up to two large pets permitted. Riverbend residents enjoy their own community pool for Riverbend resident’s exclusive use. Covered parking is also a plus with either under building parking or private detached garages.

Riverbend in Indian River Plantation Riverbend in Indian River Plantation

Current condo and management fees are from $1,560 to 1,890 per quarter depending on the size of the condo.

Riverbend in Indian River Plantation Riverbend in Indian River Plantation

Click here to view available Riverbend 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.

Riverbend in Indian River Plantation Riverbend in Indian River Plantation

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.

Riverbend in Indian River Plantation Riverbend in Indian River Plantation

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.

views 3 Riverbend in Indian River Plantation

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.

Search Hutchinson Island Homes For Sale

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

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider:
Angler Cove  Beachwood Villas  Buttonwood  Dune Condominium  Fairwinds Cove  Green Turtle Cove  Hutchinson House Indian River Plantation Condos  Islander 12  Jensen Beach Club  Little Ocean Club  Little Ocean Place  Maritimes  Ocean View Sailfish Point  Sandpebble  Seaside  Suntide

Riverbend at IRP November 2017 Market Report

 

 

 

Stuart FL 34996 Residential Market Report October 2017

Stuart FL 34996 Residential Market Report October 2017

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

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

There are currently 129 active listings (Unchanged from September).

Stuart FL 34996 Residential Market Report October 2017

30 Residential sales are pending and awaiting close or lender approval (Up by 11 homes from September).

Stuart FL 34996 Residential Market Report October 2017

5 Homes Sold in October (Decreased by 1 homes from September).

Stuart FL 34996 Residential Market Report October 2017

The 34996 zip code area of the Stuart Florida residential real estate rebounded some for October mostly with strong pending sales.  Closed sales remain weak.  Much of this may be attributed to Hurricane Irma which shut down real estate for a little over a week last month.  Some of October’s activity could have been impacted by Hurricane Irma which shut down real estate for a little over a week in September with ripple effects that have continued.

The one month absorption rate for the 34996 zip code area of Stuart Florida for October jumped to 25.8 months as compared to September’s 65 months.  Still a strong 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 October of 2016 were: 174 active listings, 25 pending sales, and 15 closed sales.  Considerably better closed activity from last year but with a much larger inventory.

Stuart FL 34996 Residential Market Report October 2017

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 October 2017