Stuart FL 34996 Condo Market Report July 2017

08.16.17 by

Stuart FL 34996 Condo Market Report July 2017

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

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

There are currently 122 active condo listings (Decreased by 10 condos from last month).

Stuart FL 34996 Condo Market Report July 2017

43 Condo sales are pending and awaiting close or lender approval (Increased by 3 condos from June).

Stuart FL 34996 Condo Market Report July 2017

21 Condos Sold in July (Down by 5 condos from June) 

Stuart FL 34996 Condo Market Report July 2017

The Stuart FL 34996 Condo Market of Stuart had fewer sales for July when compared to last month but continues with very strong activity through the summer.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 increased to 5.8 months from June’s 5.1 months.  Remaining as a sellers market for this segment of Martin County condos, but mow almost a balanced market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for July 2016 were: 120 active listings, 33 pending sales and 16 closed sales.  Stronger activity for this year when compared to July of 2016.

Stuart FL 34996 Condo Market Report July 2017

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Stuart FL 34996 Condo Market Report July 2017

Stuart FL 34996 Residential Market Report July 2017

08.15.17 by

Stuart FL 34996 Residential Market Report July 2017

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

 

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

 

There are currently 147 active listings (Up by 9 homes from June).

Stuart FL 34996 Residential Market Report July 2017

33 Residential sales are pending and awaiting close or lender approval (Down by 22 homes from June).

Stuart FL 34996 Residential Market Report July 2017

36 Homes Sold in July (Decreased by 5 homes from June).

Stuart FL 34996 Residential Market Report July 2017

The 34996 zip code area of the Stuart Florida residential real estate eased a bit from last month.  Yet, it is still a very active market even as we are in the middle of the summer.

The one month absorption rate for the 34996 zip code area of Stuart Florida for July rose to 4.1 months as compared to June’s 3.4 months.  Remaining in a sellers’ market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for July of 2016 were: 151 active listings, 27 pending sales and 24 closed sales.  Better volume of sales and pending sales this year.

Stuart FL 34996 Residential Market Report July 2017

 Search here for real estate in the 34996 Zip Code of Stuart FL

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Stuart FL 34996 Residential Market Report July 2017

Bahia Sound Real Estate Market Report for August 2017

08.15.17 by

Bahia Sound Real Estate Market Report for August 2017

There are 3 homes for sale in Bahia Sound in Hobe Sound for August 2017.  List prices are from $484,900 up to $563,900 for an average of $511,933 which equals $186.24 per sq. ft. of living area.

There are no homes currently under contract.

Only 1 home has sold in the past 12 months.  The sales price was $$484,900 or $201.04 per sq. ft. of living area.  This home was on the market for 254 days prior to going under contract and sold for 97% of list price.

About Bahia Sound in Hobe Sound:

Bahia Sound in Hobe Sound

The gated community of Bahia Sound is located on both the east and west sides of Gomez Avenue in Hobe Sound FL. This community has only 51 home sites. Homes have been built from 1990 to 2015 and as of this writing (July 2017), there are still 6 vacant lots. These homes are on lots of around 1/4 to 1/3 of an acre and range in size from 4 bedrooms, 3 bathroom homes of around 3,400 sq. ft. of living area down to 3 bedrooms, 2 bathroom homes of just over 2,000 sq. ft. Most homes are single story, however, there are a number of 2 story homes. There was no preferred builder so all of these homes are individual and unique.

Bahia Sound in Hobe Sound Bahia Sound in Hobe Sound

There is a boardwalk through the preserve area to a private dock area as well as kayak/canoe storage. There are only a limited number of docks available and those with deeded docks have the ability to sell these docks to other Bahia Sound owners.

Bahia Sound in Hobe Sound Bahia Sound in Hobe Sound

The HOA fees (as of July 2017) are just under $140 a month. These fees cover maintenance and insurance of the common areas and security gates as well as trash pickup. There are no other community amenities in this community.

Bahia Sound in Hobe Sound Bahia Sound in Hobe Sound

Children are currently zoned to attend the Hobe Sound Elementary School, Murray Middle School, and the South Fork High School.

This community is located next to the Jimmy Graham Park and is only 5 miles +/- to Jupiter Inlet or St. Lucie Inlet as well as 10 min to Pecks Lake by boat.  There’s easy access to US-1 and either the City of Stuart or south to the town of Jupiter for entertainment, fine restaurants, movies and first class medical facilities.

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Bahia Sound Real Estate Market Report for August 2017

Stuart FL 34994 Condo Market Report July 2017

08.14.17 by

Stuart FL 34994 Condo Market Report July 2017 

Stuart FL Snapshot for ZIP Code 34994, Condo Sales for July 2017

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

 

There are currently 77 active condo listings (Down by 13 condos from June).

Stuart FL 34994 Condo Market Report July 2017

41 Condo sales are pending and awaiting close or lender approval. (Increased by 2 condos from last month) 

Stuart FL 34994 Condo Market Report July 2017

30 Condos Sold in July (Up by 9 condos from June).

Stuart FL 34994 Condo Market Report July 2017

The Stuart FL 34994 Condo market showed surprisingly strong activity for a typically slowe summer season.  A very hot market (pun intended).

The absorption rate for July dropped to 2.6 months compared to last month’s 4.3.  An even stronger sellers’ 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 July the numbers were 74 active listings, 29 pending sales, and 10 closed sales.  Much better activity for this year when compared to July of 2016.

Stuart FL 34994 Condo Market Report July 2017

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Stuart Florida Market Report ZIP Code 34994 – Condo, July 2017

Four Rivers August 2017 Palm City Real Estate Market Report

08.14.17 by

Four Rivers August 2017 Palm City Real Estate Market Report

For August 2017, there are 6 homes for sale in Four Rivers in Palm City FL ranging in price from $689,900 to $1,500,000 for an average list price of $918,650 or $318.55 per sq. ft. of living area.

There are 2 homes currently under contract.  These homes were listed for $1,800,000 and $2,100,000 for an average list price of $1,950,000 which works out to be $271.05 per sq. ft. of living area.  These two homes averaged 692 days on market before going under contract.

4 homes have sold in the past 12 months in Four Rivers, with the sales prices ranging from $643,500 to $975,000 for an average sales price of $782,125 which is $243.93 per sq. ft. of living area.  These homes averaged 115 days on the market before accepting an offer and the sales were on average at 93% of the list price.

About Four Rivers in Palm City FL:

Four Rivers is a unique enclave of spacious homes on the banks of the South Fork of the Saint Lucie River.  Ideal for the serious boaters, all of Four Rivers’ home sites are on deep water canals suitable for larger vessels and with no fixed bridges (under 60’) to the Saint Lucie inlet to gain access to the crystal clear waters of the Atlantic Ocean.

Consisting of 98 home sites, with a minimum ½ acre of land (though most have ¾ acre or more), Four Rivers is a perfect family friendly neighborhood. Very conveniently located close to ‘A’ rated schools, shopping, restaurants and only a few minutes from either downtown Stuart or Florida’s Turnpike for those wishing to commute to our more crowded neighboring counties.

Low HOA fees insure the canals will be maintained to a depth of 6’ at mean low tide to make sure no boats have difficulties navigating to open water.  Four Rivers is a wonderful place to call home.

Search for all Four Rivers Homes for Sale in Palm City
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Four Rivers August 2017 Palm City Real Estate Market Report

Stuart Florida 34994 Residential Real Estate Market Report July 2017

08.12.17 by

Stuart Florida 34994 Residential Real Estate Market Report July 2017

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

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

There are currently 75 active listings (Increased by 3 homes from June)

Stuart Florida Market Report ZIP Code 34994 Residential July 2017

29 Residential sales are pending and awaiting close or lender approval (Decreased by 5 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential July 2017

12 Homes Sold in June (Down by 4 homes from June)

Stuart Florida Market Report ZIP Code 34994 Residential July 2017

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida remains active but at a slower rate as we head into the summer season.

The one month absorption rate for the 34994 zip code for July increased to 6.25 months from 5.5 months for June.  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 July 2016 numbers were 70 Active Listings, 34 pending sales, and 18 closed sales.  Better sales and pending activity last year with a little larger inventory.

Stuart Florida Market Report ZIP Code 34994 Residential July 2017

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Stuart Florida 34994 Residential Real Estate Market Report July 2017

Holly Creek August 2017 Market Report

08.12.17 by

Holly Creek August 2017 Market Report

There are 2 home for sale in Holly Creek in Jensen Beach FL. These homes are listed for $195,000 and $239,000 which averages to $217,000 or $155.39 per sq. ft. of living area.

There are 2 homes under contract in Holly Creek. These homes were listed for $198,000 and $209,900 for an average list price of $203,950 which works out to $133.98 per sq. ft. of living area. These homes averaged 115 days on the market before going under contract.

In the past 12 months, 6 homes and townhomes have sold in Holly Creek. Sales prices ranged from $130,000 to $282,000 for an average sale price of $195,389 which equates to $119.81 per sq. ft. of living area. These homes averaged 96 days on the market before going under contract and sold for an average of 93% of listed price.

About Holly Creek in Jensen Beach FL:

This is one of the hidden jewels in Martin County and Jensen Beach. Holly Creek is a small and affordable subdivision located off of Jensen Beach Blvd. Just 2 miles from the Indian River (Intracoastal Waterway) and across the Jensen Beach Causeway to access the pristine waters and beaches of the Atlantic Ocean. Only two miles to the Treasure Coast Mall and surrounding areas for shopping, and just a short bike ride from schools, restaurants, parks and downtown Jensen Beach; Holly Creek is one of the best locations on the Treasure Coast Low fees include professional landscaping.This home features lots of room with 2 BR, 2.5 Bath and 1 car garage with additional parking. Both bedrooms feature individual baths. New AC and the refrigerator has a water filter system. Private lanai and lushly landscaped grounds. This is a perfect starter home or a wonderful Florida vacation home during the cold northern winters. This home is in move in condition and ready for immediate occupancy. This home can qualify for the first time home buyers tax credit.

A large heated pool and two professional tennis courts adjoin the spacious clubhouse that has party and banquet facilities available for residents to use.

Numerous small lakes and lush landscaping make Holly Creek a desirable place to call home or a possible vacation retreat from those cold northern winters.

Holly Creek features 2 bedroom townhomes, 3 bedroom villas, 3 bedroom chalet homes all with a single car garage and additional parking. There are also a limited number of estate homes in the rear of Holly Creek which have 2 car garages, larger floor plans and individual designs.

Search for Holly Creek Homes and Town Homes for Sale

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Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

 

Holly Creek August 2017 Market Report

Sewalls Point Single Family Market Report July 2017

08.11.17 by

Sewalls Point Single Family Market Report July 2017

Sewalls Point Real Estate Snapshot, Residential Sales for July 2017

 

There are currently 43 active listings (Down by 14 homes from last month)

Sewalls Point Single Family Market Report July 2017

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

Sewalls Point Single Family Market Report July 2017

8 Homes sold in June (Decreased by 8 homes sales from June)

Sewalls Point Single Family Market Report July 2017

The single family real estate market in Sewalls Point continues with strong activity for July.  Sales were off from last month but remain quite good with a much smaller inventory of available homes.

The absorption rate plunged to 5.4 months, in June it was 3.6 months.  Holding on to a sellers’ market for Sewalls Point single family homes for the second month in a row.  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 July 2016, the inventory was 69 homes on the market, 11 pending sales and there were 2 closed sales.  Considerably better sales activity this year and with reduced inventory.

Sewalls Point Single Family Market Report July 2017

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Sewalls Point Single Family Market Report July 2017

 

Mariner Cay August 2017 Market Report

08.10.17 by

Mariner Cay August 2017 Market Report

There are 8 properties on the market in Mariner Cay in Stuart FL.  2 homes and 6 condos.  List prices range from $259,900 up to $1,500,000 for an average list price of $613,983 or $253.01 per sq. ft. of living area.

1 home and 1 condo are under contract.  The home is listed for $699,900 while the condo is priced for $215,000 for an average of $457,450 which works out to $206.52 per sq. ft. of living area.  These properties averaged 246 days on the market before going under contract.

In the past 12 months, 10 properties have sold in Mariner Cay: 8 condos and 2 homes sold.  Sales prices ranged from $235,000 up to $1,050,000 for an average sales price of $447,571 which works out to $210.21 per sq. ft. of living area.  These homes and condos averaged 133 days on market before going under contract and sold for an average of 97% of the last listed price.

About the Mariner Cay Community:

Mariner Cay in Stuart, FloridaWhy should you look into Mariner Cay real estate? The real estate market has much to offer in today’s economy. That is why a great deal of time and effort must be put into searching for the best option available. When it comes to options available Mariner Cay waterfront homes have so much to offer. This wonderful community located along what is referred to as the Treasure Coast of Florida in Martin County is appealing for many different reasons.

Florida’s subtropical and tropical climate makes many seasonal activities year round. In addition, many other choices are added to the extensive list of pursuits in recreation, entertainment and outdoor adventures. With all the water the beaches are a must for an inexpensive form of pleasure and relaxation. Hand in hand with the water comes fishing. Martin County is home to a long list of fishing tournaments, boating activitiesand other related hobbies. Mariner Cay real estate provides an access point into this intriguing world of water through the Mariner Cay marina. Situated in the Manatee Pocket in Stuart Florida the marina is a short distance form St. Lucie Inlet and the cross-roads of the Southeast Florida water-ways. The marina allows you to take advantage of the 60 mile span between its location and the Grand Bahamas Island if you are one with an adventurous spirit. The marina exemplifies the attention to details seen throughout the Mariner Cay real estate properties.

Mariner Cay real estate Stuart FL

For instance, the marina offers:

  • 90% of Mariner Cay slips are available to the public
  • 51 slips that  accommodate boats up to 80 feet and 6 ft. draft
  • Annual, monthly and daily (transient) slips available
  • Approximately 100′ of face dock dedicated to transient boaters
  • Refueling dock with non-ethanol gas and diesel
  • Electricity (30 & 50 amp) and water (good quality) at each slip
  • Sanitary Pump-out
  • Restrooms, showers and washer/dryer facilities
  • Soft drinks and ice
  • Swimming pool adjacent to marina
  • Gated 7/24 security with roving night-time guards
  • ATM, banks, and grocery shopping close by
  • At least five restaurants within easy dinghy ride
  • Boat works, one do it yourself, available on Manatee pocket
  • Free High Speed Internet and 24/7 Wi-Fi.

With a marina like this it is no wonder Mariner Cay real estate has exclusive waterfront estates as well as waterfront townhouses and condos. A beautiful yacht club with dockage comes with the properties benefits. Mariner Cay real estate offers amenities like       Mariner Cay real estate Stuart FL

  • community pool
  • tennis courts
  • fitness center
  • cabana
  • and so much more

With this great Stuart location, Mariner Cay real estate is close to it all. When you start asking yourself about the differences in waterfront communities give us a call. We will show you the differences and special features that come along with the amazing Mariner Cay real estate offers.

Mariner Cay real estate Stuart FL

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Mariner Cay August 2017 Market Report

Oceana South Condos on Hutchinson Island August 2017 Market Report

08.09.17 by

Oceana South Condos on Hutchinson Island August 2017 Market Report

As of August 2017, there are 3 condos for sale in Oceana South on Hutchinson Island in Jensen Beach FL.  List prices are from $279,000 up to $399,000 for an average list price of $325,667 which equals $290.35 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 2 condos have sold.  Sales prices were $270,000 and $305,000 which averages to $287,500 or $281.04 per sq. ft. of living area.  These condos were on the market for an average of 16 days before going under contract and sold for an average of 91% of list price.

About the Oceana South Condos in Jensen Beach:

Oceana South Condos in Jensen Beach

The Oceana South Condo building on Hutchinson Island in Jensen Beach FL was completed in 1982.  This is a direct oceanfront building with 126 units in 12 stories.  Oceana South has two pools, Jacuzzi, tennis courts, exercise room, billiards, clubhouse, picnic area, car wash and is a gated complex with direct access to your own beach.

Oceana South Condos in Jensen Beach Oceana South Condos in Jensen Beach

Condo sizes vary from corner units with wrap around balconies that have 2 bedrooms and 2 bathrooms and feature 1,119 sq. ft. of living area under air, while the interior 2 bedroom, 2 bath condos have 1,023 sq. ft. with smaller balconies.  There are also 1 bedroom, 2 bath units with 89 sq. ft. of living area.  One lucky owner does have a penthouse double unit with 2,142 sq. ft. with 3 bedrooms and 3 baths.

Oceana South Condos in Jensen Beach Oceana South Condos in Jensen Beach

Condo fees as of the time this information was written (July 2017), are $497 per month.  These fees include building insurance, reserve funds, management and use of all the common areas.  1 pet under 30 lbs. is permitted (or two pets of 15 lbs. or less) and rentals are allowed with a minimum lease duration of three months.

Oceana South Condos in Jensen Beach Oceana South Condos in Jensen Beach

Oceana South is an excellent choice for those wishing to escape the harsh northern winters and enjoy a relaxing beach lifestyle with wonderful friendly neighbors.

Search here for currently available Oceana South Condos in Jensen Beach

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 – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Oceana South Condos on Hutchinson Island August 2017 Market Report

Islander 12 Condos Real Estate Market Report August 2017

08.07.17 by

Islander 12 Condos Real Estate Market Report August 2017

For August 2017, there are 2 condos being offered for sale in the Islander 12 condo community of Hutchinson Island in Stuart FL.  These condos are listed for $334,900 and $340,000 which is an average of $337,450 or $253.22 per sq. ft. of living area.  These condos have been on the market for an average of 249 days.

There are no condos under contract.

In the past 12 months, there have been no sales in Islander 12.

About the Islander 12 Condos on Hutchinson Island:

Islander 12 Condos on Hutchinson Island

The Islander 12 Condos of Hutchinson Island in Stuart FL is a small condo community of only 12 units that were built in 1973.  This direct Ocean access condo community features 2 bedrooms, 2 bath condos varying in sizes from 1,360 sq. ft.  to 1,108 sq. ft. of living area.

Islander 12 Condos on Hutchinson Island Islander 12 Condos on Hutchinson Island

The Islander 12 has direct Ocean access across the Dunes and a heated pool.  Each unit has under-building parking for 1 car with additional uncovered spaces for guests or additional vehicles.

Islander 12 Condos on Hutchinson Island

This is a pet-friendly building and rentals are also allowed.  The current Condo association fees are $607 per month (June 2017).

Located close to the Stuart Causeway, Publix supermarket, downtown Stuart.

Islander 12 Condos on Hutchinson Island Islander 12 Condos on Hutchinson Island

Search here for any Islander 12 Condos for Sale in Stuart FL

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

 Islander 12 Condos Real Estate Market Report August 2017

Duckwood Real Estate August 2017 Market Report

08.06.17 by

Duckwood Real Estate August 2017 Market Report

For August 2017, there are two homes for sale in Duckwood.  These homes were listed for $226,900 and $257,000 for an average asking price of $241,950 which equals $155.23 per sq. ft. of living area.

There is one home under contract.  This home was listed for $185,000 or $159.48 per sq. ft. of living area.  It was on the market for 5 days before going under contract.

In the past 12 months, 10 homes have sold in Duckwood.  Sales prices ranged from a low of $184,000 up to a high of $225,000 for an average sales price of $207,130 which works out to $150.56 per sq. ft. of living area.  These homes were on the market for an average of 35 days before going under contract and sold for 97% of list price.

 About Duckwood in Stuart FL:

Duckwood in Stuart FL

The Duckwood community of Stuart FL is an active senior community in the southern part of unincorporated Stuart, just south of Cove Rd and west of US-1 (Federal Highway) adjacent to the Summerfield community and the Champions Golf Club.

Duckwood in Stuart FL Duckwood in Stuart FL

Duckwood has 140 single family homes of various sizes and shapes ranging from just over 2,000 sq. ft. with 3 bedrooms and 2 bathrooms down to under 1,000 sq. ft. of living area with 2 bedrooms and 2 bathrooms.  Homes in Duckwood were built between 1986 and 1990.

Duckwood in Stuart FL Duckwood in Stuart FL

Duckwood is one of Stuart’s most sought after 55+ communities! This community features a wonderful clubhouse on the lake with community pool, billiard room, hobby shop, bocce ball & shuffleboard! Set among the tall pines, Duckwood offers the privacy & feel of country living, all within minutes of shopping, I-95 & the beaches! You will feel like you have stepped back in time with Duckwood’s neighborhood feel! This comes with a low HOA fee of $103 a month (as of July 2016).  Pets and rentals are permitted with some restrictions.

Click here to see if any Duckwood homes are available to purchase

Duckwood Real Estate August 2017 Market Report

St Lucie County Townhouses and Condos June 2017 Market Detail

08.03.17 by

St Lucie County Townhouses and Condos June 2017 Market Detail

The St Lucie County Townhouses and Condos Market Detail for June 2017 showed some strong growth as  compared to last June.  Closed sales were up by 19.6% from last year (were down by 7.1% in May) while new pending sales increased by 33.3% (was down by 0.8% in May).

Values, also, continue to rise at with the median price up by 4.7% (was up by 24.8% in May) while the average sales price increased by 17.9% (was up by 23.9% in May).  I think the rates of price increases will slow down in the months to come.

The inventory of available townhouses and condos decreased by 20 unit from last month to 506 units, which is 10.4% less than June 2016. The current supply is 5.3 months, which is 5.4% lower than the 5.6 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a sellers’ market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

June 2017 St Lucie County Townhouses and Condos Market Report

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

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 June 2017 Market Detail

St Lucie County Single Family Homes June 2017 Market Detail

08.02.17 by

St Lucie County Single Family Homes June 2017 Market Detail

St Lucie County Single Family Homes Market Detail for June 2017 showed weaker activity as compared to last June. Closed sales were unchanged (in May they were up by 10.0%) and new sales under contract (new pending sales) decreased by 10.6% (they were up by 9.2% last month).

Prices, however, continued to rise.  The median and average sales prices up by 10.7% and 4.5% respectively from last June (For May these numbers were up 16.5% and 16.5%).  These price increases are making home affordability an issue in St Lucie County.

Active listings decreased by 8 homes down to 1,583 homes.  This inventory is 5.1% higher than last year.  The current supply of homes is at 3.5 months (was also 3.5 months for May)  This is 6.1% higher than 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.

July 2017 St Lucie County Single Family Homes Market Report

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

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 June 2017 Market Detail

Martin County Townhouses and Condos June 2017 Market Detail

08.01.17 by

Martin County Townhouses and Condos June 2017 Market Detail

Martin County Townhouses and Condos Market Detail for June 2017 appears to have had a difficult June when compared to last summer.  Closed sales for the month were down by 17.4% (were up by 2.5% in May) while new sales under contract (new pending sales) were down by 12.3% from June 2016 (increased by 1.0% in May).

Prices were also off for June as the median sales price decreased by 0.4% (was up by 7.3% in May) while the average sales price decreased by 3.0% (was up by 6.4% in May) as compared to June of 2016.  This is a reversal of last months activity.

The inventory of available townhouses and condos decreased by 25 units to 396 properties as compared to last month.  This is still 4.2% greater than the June 2016 inventory.  Currently, there’s a 4.3 month supply of inventory (a 10.3% increase from last year which was 3.9 months).  Still a sellers’ 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.

June 2017 Martin County Townhouses and Condos Market Report

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

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 June 2017 Market Detail

Monarch Country Club Real Estate Market Report July 2017

07.31.17 by

Monarch Country Club Real Estate Market Report July 2017

There are currently 10 active listings in the Monarch Country Club in Palm City FL.  List prices range from $250,000 up to $635,000 for an average list price of $437,130 which works out to $180.44 per sq. ft. of living area.

There are 2 homes under contract which have not yet closed to date.  List prices were $319,500 and $399,000 for an average of $359,250 or $178.16 per sq. ft. of living area.  These homes were on the market for an average of 29 days before going under contract.

In the past year (12 months back), 42 homes have sold in the Monarch Country Club.  Sales prices ranged from a low of $195,000 up to $590,000 for an average sales price of $355,374 or $164.35 per sq. ft. of living area.  These homes sold on average at 95% of the last list price and were on the market for an average of 49 days before going under contract.

About the Monarch Country Club

One of Palm City’s premier neighborhoods, Monarch Country Club is home to the ‘Monarch’ Golf Course in a wonderful gated community of approximately 500 homes.

entrance to the Monarch Country Club

Homes in the Monarch Country Club range in size from estate sized homes with over 3,800 sq. ft. of living area and up to 5 bedrooms and 4 bathrooms with 3 car garages down to smaller attached villas with a more modest 1,300 sq. ft. of living area and 2 bedrooms, 2 bathrooms and a 2 car garage.  For those living in the Monarch Country Club, membership in the golf club is not mandatory and there are a number of social memberships also available including tennis and community pool memberships.

clubhouse of the Monarch Country Club

As of July 2017, the HOA fees (not including golf or social) ranged from just under $400 up to $450 a month depending on the size and the section of Monarch the home is located in. All ages and pets are welcome in Monarch and children are currently zoned to attend the Bessey Creek Elementary School, Hidden Oaks Middle School and Martin County High School.

swimming pool of the Monarch Country Club

This community is well located in Palm City close to Florida’s Turnpike for commuters and with easy access to shopping, restaurants, medical facilities and the many boat ramps and waterways in Martin County.

tennis courts in the Monarch Country Club

The championship course at Monarch boasts 6,867 yard par 72 with a slope of 133 and a rating of 73.6.  Shorter options exist for all levels of play.  This is an Arnold Palmer designed course that opened in 1987 and is currently managed as a ClubCorp facility.

clubhouse at the Monarch Country Club

There’s a beautiful clubhouse with pro shop, fine dining room, snack bar and outside bar that is open to club members and residents of Monarch Country Club.  The two story structure offers beautiful views of the emerald green fairways of the ‘Monarch’ course at the Monarch Country Club.  This fine facility is also available for business, social conferences and weddings.  Adjacent to the clubhouse is a professional caliber tennis facility with six perfectly maintained, lighted Har-Tru courts. A full-service Pro Shop is available to suit all of your needs. Lessons, groups, tournaments are all accommodated by the friendly staff.

Homes in the Monarch Country Club

Currently there are a number of fine homes available for sale in the Monarch Country Club, ranging from smaller attached villas to larger estate homes with magnificent lake and golf course views.

Here are the currently available Monarch Country Club Homes for Sale

Monarch Country Club Real Estate Market Report July 2017

 

Edgewater Villas Condominiums July 2017 Market Report

07.30.17 by

Edgewater Villas Condominiums July 2017 Market Report

For July 2017 there are no condos available for sale in the Edgewater Villas of Stuart FL.

There is one unit under contract at this time.  This condo was listed for $345,000 which is $221.01 per sq. ft. of living area.  This condo was on the market for 28 days before going under contract.

In the past 12 months, only one Edgewater Villas condo has sold.  The sales price was $340,500 which equals $218.13 per sq. ft. of living area.  This condo sold for 98% of the list price and went under contract 84 days after it was listed.

About the Edgewater Villas Condominiums:

Edgewater Villas real estate in Stuart FL

Just west of Historic Downtown Stuart and on the shores of the Saint Lucie River lies the Edgewater Villas Condominiums. This complex consists of two waterfront buildings of four stories on over 2 acres that were built in 1976. These are luxury condos with either two bedrooms, two bathrooms and a spacious 1,561 sq. ft. of air conditioned living area or 3 bedrooms and two bathrooms with 1,684 sq. ft. There are only four condos per floor in these buildings.

Edgewater Villas real estate in Stuart FL

This community offers deep water docks which are just west of the Roosevelt Bridge and the City of Stuart docks and mooring fields. There is a large heated pool as well as a clubhouse with a kitchen, billiard room as well as a common area member’s room.

Edgewater Villas real estate in Stuart FL

The current condo fees (as of Dec. 2015) were $530 a month and this includes basic cable TV, landscape/lawn, manager, recreation facilities, roof repair, trash and water and sewer fees. Up to two large pets are permitted for each unit and rentals are allowed with some restrictions.

Edgewater Villas real estate in Stuart FL

These Edgewater Villas Condos are very conveniently located and residents can easily walk to downtown Stuart as well as shops on US-1 (Federal Hwy).

Edgewater Villas real estate in Stuart FL

All ages are welcome and children living here currently attend the JD Parker Elementary School, Stuart Middle School and Jensen Beach High School.

Click here to see if any Edgewater Villas Condos are for sale!

Edgewater Villas Condominiums July 2017 Market Report

Circle Bay Waterfront Condos Stuart FL July 2017 Market Report

07.29.17 by

Circle Bay Waterfront Condos Stuart FL July 2017 Market Report

As of July 2017, there are 10 condos for sale in the Circle Bay Yacht Club of Stuart FL.   Listing prices range from $169,900 up to $229,500.  The average listing price $199,970 which equals a price per square foot of living area of $199.71.

There is one Circle Bay condo under contract and awaiting close.  The list price was $129,000 or $171.77 per sq. ft. of living area.  This condo was on the market for 26 days before going under contract.

In the past 12 months, 22 Circle Bay Waterfront Condos have sold.  Sales prices ranged from a low of $95,500 up to $245,000 for an average sales price of $171,564 which is $168.62 per sq. ft.  These condos sold for an average of 96% of the last listed price and in an average of 85 days on market prior to accepting an offer that resulted in the sale.

About the Circle Bay Yacht Club Condos in Stuart FL:

The Circle Bay condo complex is a waterfront 55+ condo community with docks (for boats up to 36′) that have easy wide river and ocean access.  Docks are not deeded, rather rented at reasonable monthly rates.  Heated pools, clubhouse, grills, etc. are some of the numerous amenities available for residents of the Circle Bay Yacht Club.  Rentals are permitted with restrictions.  Sorry, no pets.  Circle Bay has both elevator and non-elevator buildings.  Covered car ports.

 Search here for:

Circle Bay Waterfront Condos Homes for Sale in Palm City Florida

Circle Bay Waterfront Condos Stuart FL July 2017 Market Report

Florida Townhouses and Condos June 2017 Market Detail

07.28.17 by

Florida Townhouses and Condos June 2017 Market Detail

The Florida Townhouses and Condos Market Detail for June 2017 showed continued growth when compared to last year.   Closed sales were up by 4.9% as compared to last month’s increase of 8.0% and new sales under contract (new pending sales) increased by 6.4% (In May there was an 8.0% increase).

Prices rose for the month.  Median sales prices were up by 7.2% (was up by 8.1% in May), while the average sales price increased by 5.9% (was up 8.0% in May).  Back to steadily increasing values.

The inventory of active listings decreased by 1.2% from June of last year.  For June 2017 we have 5.8 months of inventory (was 6.0 months in May) and compared to 5.9 months for June 2016.  We are slipping back into a sellers’ 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.

June 2017 Florida Townhouses and Condos Market Report

Click on the link below or the graphic to see the full market detail report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos June 2017 Market Detail

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 June 2017 Market Detail

Florida Single Family Homes June 2017 Market Detail

07.27.17 by

Florida Single Family Homes June 2017 Market Detail

The Florida Single Family Homes Market Detail for June 2017 continues to improve as compared to last June.  Closed sales were up by 4.3% (were up by 7.6% in May) and new sales under contract (new pending sales) were up by 2.2% (were up by 5.0% in May).

Both the median and average sales prices continued to rise when compared to last year.  Up by 8.9% and 7.3% respectively, compared to May’s 7.7% and 8.3%.

The inventory of available homes for sale fell by 3.1% from last year.  For June there was a 3.9 months supply of inventory as Florida remains in a sellers’ market with the advantage for sellers. (June 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.

June 2017 Florida Single Family Homes Market Report

Click here to view or download the full report:

Florida Single Family Homes June 2017 Market Detail

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 June 2017 Market Detail