Martin County Townhouses and Condos 2017 2’nd Quarter Report

09.01.17 by

Quarterly Market Report for Martin County Townhouses and Condos

2’nd Quarter 2017

Click the image below to view the full details of the Martin County townhouses and condos market report data as reported by Martin County Realtor for the 2’nd Quarter 2017.

Martin County Townhouses and Condos 2017 1'st Quarter Report

Both closed and pending sales decreased for this quarter when compared to the 2’nd quarter of 2016.  The median and average sales prices were up slightly when compared to last year and inventory increased to a 4.3 months supply.  It still a seller’s market for Martin County townhouses and condos.

View the entire set of data at GabeSanders.com

Martin County Single Family Homes 2017 2’nd Quarter Report

08.31.17 by

Quarterly Market Report for Martin County Single Family Homes

2’nd Quarter 2017

Click the image below to view the full details of the Martin County single family homes market report data as reported by Martin County Realtor for the 2’nd Quarter 2017.

Martin County Single Family Homes 2017 2'nd Quarter Report

Closed and new pending sales were up for the 2’nd quarter when compared to last year and prices also increased.  Martin County single family homes remained in a sellers’ market though inching closer to a balanced market.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2017 2’nd Quarter Report

08.30.17 by

Quarterly Market Report for Florida Townhouses and Condos

2’nd Quarter 2017

Click the image below to view the full details of the Florida townhouses and condos market report data as reported by Florida Realtor for the 2’nd Quarter 2017.

Florida Townhouses and Condos 2017 2'nd Quarter Report

Continued strong growth for the quarter as compared to one year ago with prices continuing their rise, though at a bit of a more moderate pace.  The inventory declined slightly and we are close to a balanced market.

View the entire set of data at GabeSanders.com

Florida Single Family Homes 2017 2’nd Quarter Report

08.29.17 by

Quarterly Market Report for Florida Single Family Homes

2’nd Quarter 2017

Click the image below to view the full details of the Florida single family home market report data as reported by Florida Realtor for the 2’nd Quarter 2017.

Florida Single Family Homes 2017 2'nd Quarter Report

Positive results in sales volume for the 2’nd Quarter 2017 and the prices continue to rise. Still a strong sellers’ market for Florida single family homes.

View the entire set of data at GabeSanders.com

Hobe Sound FL 33455 Condo Market Report July 2017

08.28.17 by

Hobe Sound FL 33455 Condo Market Report July 2017

 

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

 

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

 

There are currently 19 active condo listings. (Increased by 4 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2017

3Condos are pending and awaiting close. (Down by 1 condo from June)

Hobe Sound FL 33455 Condo Market Report July 2017

No Condos sold in July. (Decreased by 3 condos from June)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  There were no sales this month and activity is weak.

The absorption rate for Hobe Sound condos cannot be determined for July as there were no sales (was 5 months in June). 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 on 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 July 2016 numbers were: 3 active listings, 6 pending sales and 3 closed sales.  Much higher inventory this year and reduced activity.

Hobe Sound FL 33455 Condo Market Report July 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report July 2017

Oceanrise Condo Real Estate Market Report for August 2017

08.27.17 by

Oceanrise Condo Real Estate Market Report for August 2017

For August 2017 there are no condos available for sale in the Oceanrise Condominiums on Hutchinson Island in Jensen Beach FL.

There are also no condos currently under contract (pending sales).

In the past 12 months, 7 condos have sold.  Sales prices ranged from $175,000 up to $222,500 for an average sales price of $205,143 which works out to $200.95 per sq. ft. of living area.  These condos averaged 75 days on market before going under contract and sold for an average 96% of list price.

About the Oceanrise Condos in Jensen Beach:

Oceanrise Condos in Jensen Beach

Located just north of Waveland Beach in Jensen Beach on Hutchinson Island, Oceanrise is a 7 story building that was opened for sale in 1979.  All the residences in Oceanrise are 2 bedroom, 2 bathroom with one exception for a corner penthouse double unit which has 2042 sq. ft. of in the unit living area.  The other 68 homes have either 1,086 or 1,021 sq. ft. of living area and additional balcony space.

Oceanrise Condos in Jensen Beach Oceanrise Condos in Jensen Beach

The current Condo fees as of June 2017 were $450 per month.  Sorry, no pets are allowed in Oceanrise, but rentals are permitted with a 3-month minimum stay restriction.

Oceanrise Condos in Jensen Beach Oceanrise Condos in Jensen Beach

Residents can enjoy the heated pool and their own private access to the beach.  There are also shuffleboard courts as well as a clubhouse and BBQ grill area.

Oceanrise Condos in Jensen Beach Oceanrise Condos in Jensen Beach

Click here to search for available Oceanrise 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 – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Oceanrise Condo Real Estate Market Report for August 2017

Mariner Village August 2017 Real Estate Market Report

08.26.17 by

Mariner Village February 2017 Market Report

For August 2017, there are 4 homes for sale in the Mariner Village gated community of Stuart FL.  These homes range in asking prices from $264,990 up to $349,900 with an average list price of $304,723 which equals $154.41 per sq. ft. of living area.

There are currently 2 homes with pending sales that have not closed to date.  These homes were listed for $289,900 up and $299,900 for an average list price of $294,900 or $153.97 per sq. ft. of living area.  These homes averaged 44 days on market before going under contract.

In the past 12 months, 27 homes have sold in Mariner Village.  Sales prices ranged from a low of $250,000 up to a high of $325,000 for an average sales price of $290,441 which works out to $154.97 per sq. ft. of living area.  These homes sold for an average of 97% of the last list price and were active on the market for an average of 64 days.

About Mariner Village:

Mariner Village sign

Mariner Village is a gated community in the very southern section of Stuart FL, adjacent to the Hobe Sound area of Martin County.  This community consists of 330 homes that were built between 1992 and 2000.  Home sizes range from 2 bedrooms, 2 bath homes with around 1,600 sq. ft. of living area up to 5 bedrooms, 4 bathroom homes with just under 3,000 sq. ft. of living area.

entrance to Mariner Village

Many homes have private preserve views and there are a number of homes with lake views.  All Mariner Village homes have 2 car garages and some have private in-ground swimming pools.

Community Pool in Mariner Village

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

tennis courts in Mariner Village

The HOA fees include front lawn maintenance, basic Cable TV, trash pickup and maintenance of all the common areas. 2 large pets are permitted as well as rentals with some restrictions.

lake in Mariner Village

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

Mariner Village August 2017 Real Estate Market Report

Hobe Sound FL 33455 Residential Market Report July 2017

08.25.17 by

Hobe Sound FL 33455 Residential Market Report July 2017

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

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

There are currently 208 active listings. (Increased by 30 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2017

82 Residential sales are pending and awaiting close  (Up by 13 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2017

33 Homes Sold in July (Down by 20 homes from last month)

Hobe Sound FL 33455 Residential Market Report July 2017

The Hobe Sound Florida Market Report ZIP Code 33455 had a nice rise in inventory and pending sales remain strong. Closed sales were off for the month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 jumped to 6.3 months (3.4 months in June).  Now, 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 July 2016 were:  192 active listings, 83 pending sales, and 46 closed sales.  Better volume of closed sales last year with pending sales just about the same and more inventory.

Hobe Sound FL 33455 Residential Market Report July 2017

Search here for Hobe Sound Florida Real Estate for Sale

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

Hobe Sound FL 33455 Residential Market Report July 2017

Inlet Village August 2017 Condo Real Estate Market Report

08.25.17 by

Inlet Village August 2017 Condo Real Estate Market Report

There are 7 condos for sale in the Inlet Village Condominiums of Indian River Plantation on Hutchinson Island in Stuart FL for August 2017.  List prices range from $210,000 up to $310,000 for an average list price of $257,243 which is $238.52 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 6 condos have sold in Inlet Village.  Sales prices ranged from $150,000 up to $305,000 for an average sales price of $212,583 which equal $215.65 per sq. ft. of living area.  These condos sold for an average of 92% of list price and were on the market for an average of 91 days.

About Inlet Village Condos on Hutchinson Island in Stuart FL:

Inlet Village is located near the South end of Hutchinson Island in Stuart, Florida.  Just 40 minutes North of Palm Beach International Airport. Inlet Village consists of three 4 story buildings.  Two of which overlook the wide Indian River (Intracoastal Waterway) and the other with seeping views of lakes and the Indian River Plantation golf course.

Inlet Village in Indian River Plantation

Within easy walking distance to the Indian River Plantation Marriott Resort where you can enjoy guest privileges such as golf, tennis, water sports, spa, fitness center, hotel dining and the delightful sandy beaches of the Atlantic Ocean! At the beach there is a tiki bar/restaurant where you can enjoy tropical drinks and/or have a enjoyable lunch.

Inlet Village in Indian River Plantation

Inlet Village is one of the few pet friendly condo associations that allow up to two large pets per condo.  Liberal rental rules will also allow rentals as short as one month.  The Condo fees (as of August 2017) were $500 a month and cover the common areas as well as building insurance and outside maintenance as well as water and sewer.

Search for Inlet Village Condos for Sale

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

Jensen Beach FL 34957 Condo Market Report July 2017

08.24.17 by

Jensen Beach FL 34957 Condo Market Report July 2017

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

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



There are currently 93 active listings. (Decreased by 12 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2017

35 Condo sales are pending and awaiting settlement. (Down by 9 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2017

32 Condos Sold (Up by 1 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2017

 The Jensen Beach FL 34957 Condo Market Report for July shows a continuing active market though the inventory continues to decline making for fewer available condos available to purchase.

The one month absorption rate for the July 2017, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 2.9 months (from 3.4 months in June), a 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 July 2016 numbers were: 112 active listings, 46 pending sales and 27 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach FL 34957 Condo Market Report July 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report July 2017

Jensen Beach FL 34957 Residential Market Report July 2017

08.23.17 by

Jensen Beach FL 34957 Residential Market Report July 2017

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

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

 There are currently 165 active listings. (Down by 11 homes from last month)

Jensen Beach FL 34957 Residential Market Report July 2017

79 Residential sales are pending and awaiting close or lender approval. (Up by 21 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2017

27 Homes Sold (Down by 20 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2017

The Jensen Beach FL 34957 Residential Market had a bad month for closed sales, while showing good pending sales numbers which should result in better closed sales in the coming months..
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 jumped to 6.1 months ( was 3.7 months in June).  Now a balanced market for July.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The July 2016 numbers were: 164 active listings, 66 pending sales, and 56 home sales closed.  Considerably weaker sales for this July when compared to last year.
Jensen Beach FL 34957 Residential Market Report July 2017

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 July 2017

Harbour Pointe Palm City August 2017 Real Estate Market Report

08.23.17 by

Harbour Pointe Palm City August 2017 Real Estate Market Report

There is only 1 home for sale in Harbour Pointe.  This home is listed for $549,000 or 172.64 per square foot of living area.

There are 5 Harbour Pointe homes under contract.  They were last listed from $395,000 up to $435,000 for an average list price of $411,400 which is $178.51 per square foot of living area.  These homes averaged 18 days on market before going under contract.

12 homes have sold in the past 12 months with sales prices from $340,000 up to  $445,000.  The average sales price was $367,292 which works out to $163.85 per square foot of living area.  These homes sold for an average of 97% list price and averaged 64 days on the market before going under contract.

About Harbour Pointe in Palm City FL:

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

Harbour Pointe Palm City FL

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

Harbour Pointe Palm City FL

Currently Available Homes and Town Homes in Harbour Pointe

For more information about this and other Martin County communities contact:
Gabe Sanders

Palm City Florida Real Estate

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

Harbour Pointe Palm City August 2017 Real Estate Market Report

 

Palm City FL 34990 Condo Market Report July 2017

08.22.17 by

Palm City FL 34990 Condo Market Report July 2017

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

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



There are currently 75 active condo listings. (Unchanged from June)

   Palm City FL 34990 Condo Market Report July 2017

9 Condo sales are pending and awaiting close or lender approval. (Down by 1 condos from last month)

Palm City FL 34990 Condo Market Report July 2017

2 Condos Sold in July. (Down by 4 condos from June)

Palm City FL 34990 Condo Market Report July 2017

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Market activity remains pretty slow for Palm City condos and remains a difficult market 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 12.5 months in June).  An extreme buyers’ market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The July 2016 numbers were: 60 active listings, 7 pending sales and 3 closed sales.   Invenory has increased from last year and activity is slightly slower as well.
Palm City FL 34990 Condo Market Report July 2017

Stuart Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report July 2017

Mariner Sands August 2017 Market Report

08.22.17 by

Mariner Sands August 2017 Market Report

For late August 2017 there are 38 properties for sale in Mariner Sands.  These 38 properties include a mix of condos and homes.  The list prices range from $144,900 up to $599,000 for an average list price of $341,821 which works out to $139.51 per sq. ft. of living area.

There are 10 homes under contract (pending) which have not completed the sales process to date.  List prices were from $225,000 up to $675,000 for an average of $$403,560 or $159.07 per sq. ft. of living area.  These homes averaged 119 days on market prior to going under contract.

In the past 12 months, 42 homes and condos have sold.  Sales prices ranged from $128,000 up to $600,000 for an average sales price of $372,121 which equals $141.60 per sq. ft. of living area.  These homes averaged 111 days on the market before going under contract and sold on average at 92% of the last listed price.

About the Mariner Sands Golf & Country Club:

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

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

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

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

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

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

 Search for Mariner Sands Golf Club Homes for Sale

Search for Mariner Sands Condos for Sale

Mariner Sands August 2017 Market Report

Palm City FL 34990 Residential Market Report July 2017

08.21.17 by

Palm City FL 34990 Residential Market Report July 2017

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

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

 

There are currently 398 active listings (Increased by 12 homes from June)

Palm City FL 34990 Residential Market Report July 2017

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

Palm City FL 34990 Residential Market Report July 2017

96 Homes Sold in June (No change from June)

Palm City FL 34990 Residential Market Report July 2017

The Palm City FL, zip code 34990 residential real estate market remains very active.  Interestingly, inventory levels are above last year, which is not the current trend in the county.
The monthly absorption rate inched up to 4.1 months from 4.0 months in June.  Still a sellers’ 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 July 2016 numbers were:  383 active listings, 120 pending sales and 83 closed sales.  Stronger activity for this year with a slightly higher inventory of homes for sale.

Palm City FL 34990 Residential Market Report July 2017

 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 July 2017

Lakeside Condos Indian River Plantation August 2017 Market Report

08.20.17 by

Lakeside Condos Indian River Plantation August 2017 Market Report

For August 2017, there are 5 active active listings for sale in Lakeside in Indian River Plantation on Hutchinson Island.  The listing prices for these condos ranged from $190,000 up to $289,000 for an average list price of $241,580 which works out to $246.64 per sq. ft. of living area.

There are no condos under contract and awaiting settlement.

In the past 12 months, 10 Lakeside Condos have sold with sales prices ranging from $113,250 up to $274,000 for an average sales price of $199,115 which is $235.29 per sq. ft. of living area.  These condos sold for an average of 92% of the list price and in an average of 71 days on market (before going under contract).

About the Lakeside Condos in Indian River Plantation:

Lakeside Condos in Indian River Plantation

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

Lakeside Condos in Indian River Plantation

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

Lakeside Condos in Indian River Plantation

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

Lakeside Condos in Indian River Plantation

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

Lakeside Condos Indian River Plantation August 2017 Market Report

Windstone Palm City August 2017 Market Report

08.19.17 by

Windstone Palm City August 2017 Market Report

As of August 2017:

There are currently 2 homes for sale in Windstone in Palm City, FL.  These homes are listed for $559,000 and $629,000 for an average list price of $594,000 which equals $199.67 per sq. ft. of living area.

There are no homes under contract and awaiting sale at this time.

In the past 12 months, 7 homes have sold in Windstone.  The sales prices ranged from $475,000 to $600,000.  The average sales price was $535,714 which equals $180.11 per sq. ft. of living area.  These sold listings averaged 92 days on the market before going under contract and sold for 95% of the list price.

About Windstone in Palm City FL:

Formerly known as Rivers End and now re-named to Windstone. Featuring spacious waterfront homes, Windstone Palm City August 2017 Market Report is a safe and peaceful gated community in Palm City that has gorgeous views of Florida nature preserves around nearly every home.

Larger lot sizes of half an acre and more in these newer homes are the rule.  The neighborhood itself is very uncrowded with only 110 existing homes.  Some vacant lots are still available for purchase for those wishing to build their dream home in Windstone Palm City August 2017 Market Report, one of the premier neighborhoods in one of the best cities in Martin County!

Windstone Palm City August 2017 Market Report is within close range to “A” rated school, I-95 and Florida’s Turnpike making this a great place for locals or commuters to call home!

Search the MLS for Windstone Homes for Sale

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Palm City Florida Real Estate presented by:

the Gabe Sanders real estate team

Windstone Palm City August 2017 Market Report

Stuart FL 34997 Condo Market Report July 2017

08.18.17 by

Stuart FL 34997 Condo Market Report July 2017

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

 

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

There are currently 61 active condo listings (Increased by 11 condos from June).

Stuart FL 34997 Condo Market Report July 2017

32 Condo sales are pending and awaiting close or lender approval (Decreased by 1 condos from June).

Stuart FL 34997 Condo Market Report July 2017

25 Condos Sold in July (Increased by 18 condos from June).

Stuart FL 34997 Condo Market Report July 2017

     The Stuart FL condo market for zip code 34997 returned to a very strong market activity after a very strange month in June.
     The absorption rate plunged to 2.4 months in July compared to 7.1 months for June.  Back into a very strong sellers’ 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 July 2016 numbers were: 73 active listings, 25 pending sales, and 10 closed sales.  Considerably stronger activity this year on a reduced inventory of condos available for sale.

Stuart FL 34997 Condo Market Report July 2017

Stuart Florida Real Estate presented by:
Gabe Sanders

 

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

 

 

Stuart FL 34997 Residential Market Report July 2017

08.17.17 by

Stuart FL 34997 Residential Market Report July 2017

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

There are currently 292 active listings (Increased by 31 homes from June).

Stuart FL 34997 Residential Market Report July 2017

180 Residential sales are pending and awaiting close or lender approval (No change from June).

Stuart FL 34997 Residential Market Report July 2017

84 Homes Sold in July (Decreased by 3 homes from June)

Stuart FL 34997 Residential Market Report July 2017

      The Stuart Florida Residential Market for ZIP Code 34997  had a welcome increase in inventory for July along with strong pending sales numbers and slightly weaker closed sales from last month.
     The absorption rate increased to 3.5 months (was 3.0 months for June).  Continuing as a strong sellers’ market for the 34997 zip code area of Stuart for July 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 July, were: 299 active listings, 159 pending listings and 86 closed sales.  Better closed activity last year, but higher pending sales this year which indicates strong future closed sales activity.
Stuart FL 34997 Residential Market Report July 2017

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 July 2017

The Preserve of Hobe Sound August 2017 Real Estate Market Report

08.17.17 by

The Preserve of Hobe Sound August 2017 Real Estate Market Report

For August 2017, there are 2 homes on the market in the Preserve of Hobe Sound.  These homes are listed for $270,000 and $285,000 for an average list price of $277,500 which is $137.58 per sq. ft. of living area.

There are two homes currently under contract.  These homes were listed for $279,711 and $329,000 for an average list price of $304,356 or $150.90 per sq. ft. of living area.  These homes averaged 17 days on the market before going under contract

In the past 12 months, 23 homes have sold in the Preserve.  Sales prices ranged from $245,000 up to $331,500 for an average sales price of $289,283 which works out to $143.42 per sq. ft. of living area.  These homes averaged 43 days on the market before going under contract and sold for 97% of list price.

About The Preserve of Hobe Sound:

The Preserve of Hobe Sound

The Preserve of Hobe Sound is a DiVosta built community which was completed in 1989 with just over 300 Hampton model homes which feature 2,017 sq. ft. of living area with 3 bedrooms and 2 bathrooms and a two car garage.  The garages come in both front and side entrance varieties.

The Preserve of Hobe Sound The Preserve of Hobe Sound

This community is just west of Federal Highway (Us-1) on Seabranch Avenue and lies adjacent to the Lost Lake Golf Club which has memberships available for those wishing to play golf as well as social memberships for others who enjoy the company of like-minded local residents.

The Preserve of Hobe Sound The Preserve of Hobe Sound

This is a gated community with a very attractive waterfall lake entrance.  Many homes enjoy lovely views of the five lakes on the grounds while a few have views of the Lost Lake Golf Course.  All ages are welcome and up to two large pets are permitted.  The community offers a heated pool, two tennis courts and two bocce ball courts along with a small clubhouse.  Low HOA fees of $184.00 a month (as of August 2017) cover landscaping (front of home) as well as the common areas, basic cable TV, management fees and trash pickup.

Children who reside in the Preserve are zoned to attend the Sea Wind Elementary School, Murray Middle School, and South Fork High School.

The Preserve of Hobe Sound The Preserve of Hobe Sound

This great location is only a 15-minute drive to historic downtown Stuart and about 20 minutes to the Town of Jupiter as well as offering easy access to Jupiter Island Beaches and numerous marinas and boat ramps available at no charge to Martin County Residents.

There are also excellent medical facilities close by as well as restaurants and shopping.  A great choice for those moving to Florida for a new home as well as those looking to get away from the harsh northern winters.

Search here for any available Preserve Homes for Sale

The Preserve of Hobe Sound August 2017 Real Estate Market Report