Island Club Condos November 2017 Market Report

In late November 2017 there were no condos available for sale in the Island Club on Hutchinson Island which is also sometimes called the Hutchinson Island Club.

There are also no condos currently under contract.

In the past 12 months, 8 condos have sold. Sales prices ranged from $232,000 up to $560,000 for an average sales price of $334,625 which is equal to $209.98 per sq. ft. These units sold for an average of 96% of list price and averaged 62 days on market prior to going under contract.

About the Island Club Condos in Jensen Beach FL:

The Island Club Condos of Jensen Beach are also known as the Hutchinson Island Club. This one of a kind condo building was built in 1977 just to the south of the Waveland Public beach on Saint Lucie County to the north of the Jensen Beach Causeway. There are 92 residences in this 11 story building.

The Island Club is unique because it features spectacular ocean views from floor to ceiling windows in all units. All of these condos are also considerably larger than your average oceanfront offering with a number of 2 story 3 bedroom plus den, 3 bathroom condos of 2,524 sq. ft. not including the balconies as well as roomy 2 bedroom, 2 bath condos with 1,452 sq. ft. of living area. Some units have a detached one car garage. Though there is reserved parking and ample guest parking for all.

Amenities in the Island Club are a heated a pool, Jacuzzi, fitness room, kitchen, social area, billiard room, library, bar, BBQ grills, gazebo, sauna and shuffleboard courts. All of this for just over $600 a month condo fees plus some for larger units and those that come with a one car garage.

Sorry, no pets are permitted in the Island Club, but rentals are allowed with some restrictions.

If you’re in the market for unparalleled views from a spacious home on the ocean, the Hutchinson Island Club may be the perfect spot for you.

Click here for currently available Island Club 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 Crest – Island Dunes – Islandia – 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

Island Club Condos November 2017 Market Report

Stuart FL 34994 Condo Market Report October 2017

11.16.17 by Gabe Sanders

Stuart FL 34994 Condo Market Report October 2017

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

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

There are currently 92 active condo listings (Up by 19 condos from September).

28 Condo sales are pending and awaiting close or lender approval. (Increased by 6 condos from last month)

14 Condos Sold in October (Unchanged from September).

The Stuart FL 34994 Condo market showed an unexpected jump in inventory for October. Sales remained low with an icrease in pending sales. 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 absorption rate for October increased to 6.6 months compared to last month’s 5.2. Now into a balanced market for this condo segment of Stuart’s 34994 zip code area. 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 October the numbers were 93 active listings, 30 pending sales, and 14 closed sales. Very similar activity to last October.

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

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Stuart FL 34994 Condo Market Report October 2017

The Arbors in Hobe Sound November 2017 Market Report

11.16.17 by Gabe Sanders

The Arbors in Hobe Sound November 2017 Market Report

There are 3 available homes for sale in The Arbors as of November 2017. List prices are from $539,000 up to $599,000 for an average of $571,000 which equals $225.17 per sq. ft. of living area.

There are two homes under contract which has not completed the sales process. The list prices were $425,000 and $450,000 for an average list price of $437,500 or $226.41 per sq. ft. of living area. These homes were on the market for an average of 44 days prior to going under contract.

In the past 12 months, 7 homes have sold in the Arbors. Sales prices ranged from $375,000 up to $575,000 for an average sales price of $479,657 which equals $193.08 per sq. ft. of living area. These sales averaged at 96% of the listed price and were on the market for an average of 82 days prior to entering into an agreement for sale.

About the Arbors in Hobe Sound:

In northern Hobe Sound just west of Federal Highway and off of Seabranch Avenue is the exclusive 190 homes of the Arbors. This exclusive gated community of upscale homes all border on lakes or preserve with generous lots and elbow room not found in many modern developments. In addition to the two serene lakes, the Arbors also contains generous nature preserves to protect the indigenous hardwoods and pines as well as offering a home to native flora and fauna. Residents of the Arbors enjoy seeing endangered scrub jays and gopher tortoises as well as pairs of sandhill cranes. To enjoy the surrounding 100 acres of protected preserve areas, the Arbors has set up a walking trail through much of this land. Great for a morning walk or excellent exercise for those that wish to go for a run or jog.

All this in a location that is just minutes from many championship golf courses, the beautiful beaches of the Atlantic Ocean and the marinas and waterways of Martin County. Close to Martin County’s ‘A’ rated schools, shopping centers, medical facilities and all necessary urban services yet in a quiet peaceful setting. The Arbors is less than an hour away from Palm Beach International Airport and just about equidistant from Miami and Orlando, both only two hours by car.

The Arbors is a wonderful place to call home.

Search for all Arbors Homes in Hobe Sound Real Estate

The Arbors in Hobe Sound November 2017 Market Report

Stuart Florida 34994 Residential Market Report October 2017

11.15.17 by Gabe Sanders

Stuart Florida 34994 Residential Market Report October 2017

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

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

There are currently 76 active listings (Unchanged from September)

27 Residential sales are pending and awaiting close or lender approval (Increased by 6 homes from last month).

12 Homes Sold in September (Increased by 4 homes from September)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida rebounded some from the previous month’s slower hurricane impacted activity.

The one month absorption rate for the 34994 zip code for October decreased to 6.3 months from 9.5 months for September. Bringing the 34994 zip code area of Stuart, FL back into a balanced market. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The October 2016 numbers were 56 Active Listings, 32 pending sales, and 16 closed sales. Better sales and pending activity last year even though the inventory was smaller. Some of this year’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 continued longer.

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 Stuart Florida Real Estate for Sale

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