Stuart FL 34994 Condo Market Report June 2017

07.12.17 by

Stuart FL 34994 Condo Market Report June 2017 

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

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

 

There are currently 90 active condo listings (Up by 5 condos from May).

Stuart FL 34994 Condo Market Report Jun

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

Stuart FL 34994 Condo Market Report Jun

21 Condos Sold in June (Up by 3 condos from May).

Stuart FL 34994 Condo Market Report Jun

The Stuart FL 34994 Condo market remains very active.  Only small changes in activity levels when compared to last month.

The absorption rate for June decreased to 4.3 months compared to last month’s 4.7.  A slightly 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 June the numbers were 76 active listings, 30 pending sales, and 27 closed sales.  Better activity last year and on a smaller inventory.

Stuart FL 34994 Condo Market Report Jun

Stuart, FL Real Estate

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

Hidden Bay in Palm City FL July 2017 Market Report

07.12.17 by

Hidden Bay in Palm City FL July 2017 Market Report

As of July 2017, there is one home for sale in Hidden Bay in Palm City FL.  This home is listed for $1,250,000 which is $250.85 per sq. of living area.

There is one home under contract.  It was listed for $679,900 which equals $225.96 per sq. of living area.  This home was on the market for 210 days before going under contract.

There have been no sales in Hidden bay in the past 12 months.

About Hidden Bay in Palm City FL:

Hidden Bay in Palm City FL

A very private community in northern Palm City just off Murphy Road with a number of waterfront homes on Bessey Creek.  There are just 30 homes in this community which is not gated and has no HOA fees nor any amenities of a homeowners’ association.

Hidden Bay in Palm City FL Hidden Bay in Palm City FL

The first home recorded in Hidden Bay was built in 1978 with the last one completed in 2013.  There appears to be one remaining vacant lot which is not currently (March 2016) for sale.  There are 11 ocean access waterfront homes as well as 5 non-ocean access waterfront homes with the remaining homes not being waterfront in Hidden Bay.

Hidden Bay in Palm City FL Hidden Bay in Palm City FL

Homes in Hidden Bay range from under 2,000 sq. ft. ranch homes to just under 5,000 sq. ft. two story estate style homes with up to 5 bedrooms and 4 bathrooms.  Children are scheduled to attend Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Click here to see if any Hidden Bay Homes are available for sale.

Hidden Bay in Palm City FL July 2017 Market Report

Stuart Florida Market Report ZIP Code 34994 Residential June 2017

07.11.17 by

Stuart Florida Market Report ZIP Code 34994 Residential June 2017

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

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

There are currently 72 active listings (Increased by 1 homes from May)

Stuart Florida Market Report ZIP Code 34994 Residential June 2017

34 Residential sales are pending and awaiting close or lender approval (Increased by 2 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential June 2017

16 Homes Sold in May (Up by 3 homes from May)

Stuart Florida Market Report ZIP Code 34994 Residential June 2017

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues into summer with solid market activity.

The one month absorption rate for the 34994 zip code for June increased to 5.5 months from 4.4 months for May.  Making a movement closer to a balanced market for the 34994 zip code area of Stuart, FL.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The June 2016 numbers were 70 Active Listings, 33 pending sales and 17 closed sales.  Better closed activity last year though the current pending numbers may show better upcoming closed sales for this year.

Stuart Florida Market Report ZIP Code 34994 Residential June 2017

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Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 Residential June 2017

Sewalls Point Single Family Market Report June 2017

07.10.17 by

Sewalls Point Single Family Market Report June 2017

Sewalls Point Real Estate Snapshot, Residential Sales for June 2017

 

There are currently 57 active listings (Down by 3 homes from last month)

Sewalls Point Single Family Market Report June 2017

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

Sewalls Point Single Family Market Report June 2017

16 Homes sold in May (Increased by 7 homes sales from May)

Sewalls Point Single Family Market Report June 2017

The single family real estate market in Sewalls Point contined to show very positive results for June.  Sales were the best in a number of years and while the pending numbers were down for the month, they still are quite good.

The absorption rate plunged to 3.6 months, in May it was 6.7 months.  For the first time in years, a strong sellers market for Sewalls Point single family homes.  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 June 2016, the inventory was 76 homes on the market, 5 pending sales and there were 10 closed sales.  Considerably better activity this year and with reduced inventory.

Sewalls Point Single Family Market Report June 2017

 Search below for Sewalls Point Florida Real Estate for Sale

 

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Sewalls Point Single Family Market Report June 2017

 

Leilani Heights Jensen Beach July 2017 Market Report

07.08.17 by

Leilani Heights Jensen Beach July 2017 Market Report

There are 5 currently active listings in Leilani Heights as of July 2017.  The list prices are $215,000 to $249,500 for an average list price of $225,980 or $161.85 per sq. ft. of living area.

There are 5 homes currently under contract.  List prices for these homes are from $229,900 up to $259,000 for an average list price of $243,580 or $155.49 per sq. ft. of living area. These homes averaged 29 days on the market before going under contract.

In the past 12 months, there have been 21 homes sold in Leilani Heights.  Sales prices ranged from $108,000 to $265,000 with the average sales price being $208,833 which equates to $142.00 per sq. ft. of living area.  The average days on market prior to an accepted offer was 61 days and these sales averaged at 97% of the list price.

Located so closely to the many exciting and beautiful places in Jensen Beach, Leilani Heights has been a well known family oriented neighborhood for many years. Leilani Heights is within walking distance from the Five Star Jensen Beach Elementary School that has earned an “A” rating for 5 years in a row! The Lelaini Heights neighborhood is also located less than 10 minutes from Jensen Beach High School, a newer facility filled with fantastic teachers and sports programs. If you are a beach lover then you are in luck! Living in Leilani Heights, you are only a few minutes from having your toes in the sand. Want to enjoy downtown Jensen Beach? Then you are only five minutes away! Treasure Coast Square Mall is also just a short ride away! So if you want to be close to the five star schools, beaches, quality restaurants, the mall, family sports and recreation areas then Leilani Heights is your perfect fit.

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Leilani Heights Jensen Beach July 2017 Market Report

Murano Homes July 2017 Housing Market Report

07.07.17 by

Murano Homes July 2017 Housing Market Report

Palm City Florida Real Estate

Murano in Palm City Florida
There are currently 2 homes on the MLS in Murano with prices of $329,000 to $329,900. This equals an average list price of $329,450 or $148.29 per sq. ft. of living area.
There is 1 home under contract at this time in the Murano subdivision of Palm City, FL. This home was listed for $337,000 or $122.95 per sq. ft. of living area.  This offer was accepted for this home 108 days after being listed.
In the past year, 8 homes have sold in Murano with sales prices ranging from $259,000 to $329,000 for an average sales price of $301,000 which equals $133.38 per sq. ft. of living area.  The average days on market before going under contract was 35 and the list to sales price ratio was 97%..
Murano Homes in Palm City FLConveniently located off of martin Downs Blvd and Sunset Trail, Murano is a new home community with 110 homes. Originally developed by Home Dynamics with homes built in 2007 and later this community was taken over by D. R. Horton with building resuming in 2011 to the present. Murano homes range from two story 5 Bedroom 4 bathroom homes of 0ver 3,200 sq. ft. to single story 2 Bedroom, 2 bath homes of just over 1,700 sq. ft.

This is a very family friendly neighborhood close to schools, shopping and Florida’s Turnpike for commuters. There is a community pool and low HOA fees of approximately $123 per month (as of July 2017).

There may be a few new D. R. Horton homes available for sale, but this community is just about sold out so call us for details.

  • For the D.R. Horton homes, highlights include:
  • Choice of 5 NEW Floor plans
  • GE Appliance Package
  • Various home sites available including lakefront
  • Community Swimming Pool and Cabana
  • Top Rated Palm City Schools
  • Easy commute via I-95 or Florida Turnpike
  • Close proximity to area recreation including beaches, parks, boating, fishing and all types of water sports
  • Shopping, entertainment and restaurants are all nearby.

Murano Homes in palm City Florida

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Murano Homes for Sale

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

Murano Homes July 2017 Housing Market Report

 

Rocky Point July 2017 Market Report

07.06.17 by

Rocky Point July 2017 Market Report

Here is your Rocky Point July 2017 market Report in Stuart Florida:

There are currently 36 active listings in Rocky Point.  List prices range from a low of $92,000 up to $1,795,000 which results in an average list price of $380,036 or $177.49 per square foot of living area.

17 homes and condos are under contract (pending sales) and awaiting closing.    Listing prices ranged from $62,000 up to $795,000 for an average list price of $299,512 which is $178.19 per square foot of living area.  These properties averaged 122 days on the market before accepting a contract.

In the past 12 months, 149 properties have sold in Rocky Point with sales prices ranging from $49,000 to $1,594,500 for an average sales price of $264,273 which equals $146.60 per square foot of living area.  The average days on market was 65 with a 95% list to sales price ratio.

Rocky Point Homes for Sale in Stuart, Florida

 Rocky Point real estate

Rocky Point in Stuart, FL is a wonderful boating oriented community located just off the Saint Lucie Inlet in beautiful Martin County Florida.  Originally a fishing village because of its proximity to the Atlantic Ocean; Rocky Point is now a wonderful family community with a variety of different neighborhoods.  Most of Rocky Point is still oriented towards fisherman and boaters with many of the neighborhoods having access to docks, marinas and/or boat ramps.  Some neighborhoods have deeded dock rights as well as privately owned ramps and launch facilities.  There is also a selection of some luxury waterfront homes with private docks located only a short few minutes cruise to the open Ocean via the Saint Lucie Inlet and within a day’s round trip to the Bahamas.

 Rocky Point real estate

Bordering Rocky Point to the north and west is the Manatee Pocket.  Home of the original Stuart Sailfish fleet (Stuart continues to proudly boast that it’s the ‘Sailfish Capitol of the World’).  Now home to a number of Marinas, Charter fleets and the famous Chapman School of Seamanship as well as quite a few excellent restaurants serving the freshest seafood arriving from the Ocean straight to the kitchens daily.

 Rocky Point real estate

All this in wonderful family friendly neighborhoods within Martin County’s ‘A’ rated schools system.

Rocky Point real estate

One of the highlights of the year for Rocky Point is the Port Salerno Seafood Festival.  Held yearly in the winter, this free festival fills the streets of Historic Port Salerno.  In addition to serving up the area’s freshest and tastiest seafood, live music, community booths, arts & crafts, activities for the kids, pirates and more keep the entire family entertained the whole day.

Rocky Point real estate Admission is FREE, though attendees are asked to bring canned goods in exchange for zero admission to benefit a food drive for local food banks.

Rocky Point real estate

Search the Martin County MLS
Search here for available homes in Rocky Point

Find the Perfect Home for Sale Today

Prices are low and the inventory has been shrinking.  Don’t miss the opportunity of a lifetime.  Search instantly for any size, location, price range to get you the BEST deal around!!!

courtesy of:
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Rocky Point July 2017 Market Report

Jensen Park Estates July 2017 Market Report

07.05.17 by

Jensen Park Estates July 2017 Market Report

Currently there are 3 homes available for sale in the Jensen Park Estates community of Jensen Beach FL.  These homes are listed for prices from $296,000 up to $399,000.  The average list price is $338,333 and this equals $156.99 per sq. ft. of living area.

There are 4 homes under contract and awaiting closing.  List prices are from $229,000 up to $389,900 for an average list price of $310,950 or $176.75 per sq. ft. of living area.  These homes averaged 67 days on the MLS before going under contract.

In the past 12 months, 25 Jensen Park Estates homes have sold.  Sales prices ranged from a low 0f $$206,000 up to $365,000 for an average sales price of $258,329 which equals $157.40 per sq. ft. of living area.  These sales averaged for 97% of the last list price and averaged 47 days on market before going under contract.

Jensen Park Estates is a non-gated community located just west of Savannah Rd in the heart of Jensen Beach.  There are 381 home sites in this community, most of which have been built upon.  Homes were built from 1980 to the latest one which was completed in 2010.

Jensen Park Estates real estate

There’s a wide range of sizes and shapes of homes ranging from 6 bedroom homes with over 3,100 sq. ft. of living area down to more modest 2 bedroom, 2 bathroom homes with just under 1,100 sq. ft.  There are both frame and concrete block construction as well as homes with and without private pools.

Some homes have large lots of over ½ acre while others are fairly modest lots with just over .12 acres.  Homeowner fees are a very reasonable $150 per year.

Neighborhood children attend the Jensen beach Elementary School which is just a little over ½ mile away, Stuart Middle School and the Jensen Beach High School.

Jensen Park Estates real estate

Very close to shopping areas of US-1 as well as close to the Intracoastal (the Indian River) with its boat ramps, public beaches on Hutchinson Island, Indian Riverside park, and much more.

Jensen Park Estates is an excellent option for both families and retirees looking for affordable homes in the heart of Jensen Beach.

Jensen Park Estates real estate

Search here for available Jensen Beach Estates Homes for Sale

Willoughby Golf Club Stuart June 2017 Market Report

06.30.17 by

Willoughby Golf Club Stuart June 2017 Market Report

There are currently 11 homes on the market in the Willoughby Golf Club, ranging in price from $375,000 to $1,795,000.  The average listing price is $712,645 which equates to a price per sq. ft. of living area of $199.78.

There are 3 homes under contract which have not closed as this post was written.  The list prices of these pending sales range from $379,000 to $659,900 for an average list price of $487,933 which equates to $178.62 per sq. ft. of living area.  These homes averaged 114 days on market prior to going under contract.

In the past 12 months, 27 homes have sold in the Willoughby Golf Club.  Sales prices ranged from $245,000 up to $1,400,000 for an average sales price of $576,597 which equals $170.82 per sq. ft. of living area.  Sales prices averaged 94% of list prices and these were on the market for an average of 150 days before receiving an accepted offer.

Willoughby Golf Club Real Estate 1

Willoughby Golf Club real estate can be found in the city of Stuart. Stuart is located in Martin County Florida and sits on the eastern coast of the Atlantic Ocean along what is commonly referred to as the Treasure Coast. Knowing the location of Willoughby Golf Club real estate is the first step in the right direction. You will soon realize though that the right direction becomes filled with so many benefits that it is hard not to wish of owning a piece of Willoughby Golf Club real estate.Willoughby Home 3

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

Willoughby Home 2

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

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

Willoughby View 1

The Atlantic Ocean is accessible via the St. Lucie Inlet and there are protected inland waterways offering boating and fishing excursions. This is no surprise since Stuart properties are located in the “Sailfish Capital of the World”. Stuart also has miles of pristine beaches.Willoughby Pool 2

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

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

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

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Willoughby Golf Club Stuart June 2017 Market Report

 

St Lucie County Townhouses and Condos May 2017 Market Detail

06.28.17 by

St Lucie County Townhouses and Condos May 2017 Market Detail

The St Lucie County Townhouses and Condos Market Detail for May 2017 showed weaker sales activity when compared to last May.  Closed sales were down by 7.1% from last year (were down by 11.2% in April) while new pending sales decreased by 0.8% (was down by 10.0% in April).

Values, however, continue to rise at surprising rates with the median price up by 24.8% (was up by 35.0% in April) while the average sales price increased by 23.9% (was up by 19.6% in April).  I’ve been expecting prices to moderate for some time so these increases continue to be quite unexpected.

The inventory of available townhouses and condos decreased by 42 unit from last month to 526 units, which is 11.4% less than May 2016. The current supply is 5.6 months, which is 5.1% lower than the 5.9 months of inventory last year.  The St Lucie County townhouses and condos market has slipped back into a sellers’ market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos May 2017 Market Detail

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

St Lucie County Single Family Homes May 2017 Market Detail

06.27.17 by

St Lucie County Single Family Homes May 2017 Market Detail

St Lucie County Single Family Homes Market Detail for May 2017showed continued growth when compared to last May. Closed sales were up by 10.0% (in April they were down by 0.6%) and new sales under contract (new pending sales) increased by 9.2% (they were down by 5.5% last month).

Prices, also, continue to show increases.  The median and average sales prices up by 16.5% and 16.5% respectively from last May (For April these numbers were up 14.3% and 7.0%).  These price increases are making home affordability an issue in St Lucie County.

Active listings decreased by 59 homes down to 1,591 homes.  This inventory is 4.1% lower than last year.  The current supply of homes is at 3.5 months (was 3.7 months for April)  This is 2.8% lower 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.

St Lucie County Single Family Homes May 2017 Market Detail

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

Oceanrise Condos in Jensen Beach June 2017 Market Report

06.27.17 by

Oceanrise Condos in Jensen Beach June 2017 Market Report

For June 2017 there are no condos available to purchase in Oceanrise on Hutchinson Island in Jensen Beach FL.

There is one condo under contract.  This condo was listed for $230,000 or $225.27 2 per sq. ft. of lliving area and was on the market for 20 days before going under contract.

In the past 12 months, 6 Oceanrise condos have sold.  Sales prices ranged from a low of $175,000 up to a high of $219,000 for an average sales price of $202,250 which equals $198.12 per sq. ft. of lliving area.  These condos sold for an average of 96% of list price and were on the market for an average of 84 days before going under contract.

About 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.

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 minimum stay restriction.

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.

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 Condos in Jensen Beach June 2017 Market Report

Martin County Townhouses and Condos May 2017 Market Detail

06.26.17 by

Martin County Townhouses and Condos May 2017 Market Detail

Martin County Townhouses and Condos Market Detail for May 2017showed continued growth in sales activity when compared to last May, though at a slow pace.  Closed sales for the month were up by 2.5% (were down by 1.5% in April) while new sales under contract (new pending sales) were up by 1.0% from May 2016 (decreased by 2.6% in April).

Prices rose for May as the median sales price increased by 7.3% (was down by 8.4% in April) while the average sales price increased by 6.4% (was down by 0.2% in April) as compared to May of 2016.  This is a reversal of last months activity.

The inventory of available townhouses and condos decreased by 11 units to 421 properties as compared to last month.  This is 0.7% greater than the May 2016 inventory.  Currently, there’s a 4.5 month supply of inventory (a 7.1% increase from last year which was 4.2 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.

Martin County Townhouses and Condos May 2017 Market Detail

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

The Reef in Rocky Point June 2017 Market Report

06.26.17 by

The Reef in Rocky Point June 2017 Market Report

In june 2017 there is only one home available to purchase in the Reef in the Rocky Point neighborhood of Stuart FL.  This home is listed for $509,900 or $232.62 per sq. ft. of living area.

There are no homes under contract in this community.

In the past 12 months, only one home has sold in the reef.  This home sold for $455,000 which is $230.15 per sq. ft. of living area.  This home sold for 93% of the list price and was on the market for 43 days before going under contract.

About The Reef in Rocky Point:

The Reef in Rocky Point

The Reef is one of the few newer gated communities in the Rocky Point area of Stuart FL.  This is an exclusive subdivision with 52 home sites, 11 of which are larger waterfront estates located just a short boat ride away from the Atlantic Ocean through the Saint Lucie Inlet.

Homes in the Reef were built from 1994 to 2007.  There are still some vacant lots that have yet to be built on including one waterfront parcel.  Home sizes range from 3 bedroom, 2 bathroom homes with just under 2,000 sq. ft. of living area all the way up to 5 bedroom, 4 bath waterfront homes with over 6,000 sq. ft. of living space on over an acre lots.

The Reef in Rocky Point The Reef in Rocky Point

As of June 2017, the HOA fee is a very reasonable $74.00 per month which pays for maintenance of the common areas, management fees, trash pickup and the community tennis court.

The Reef is in the Martin County School District and children attend the Port Salerno Elementary school, Murray Middle School and South Fork High School.

The Reef in Rocky Point The Reef in Rocky Point

Rocky Point was originally a fishing village and many fishermen remain in the area.  It is surrounded by the Intracoastal on the east side and the Manatee Pocket on the North and South sides.  Easy access to many marinas, great seafood restaurants as well as the great lifestyle of Martin County FL.

Click here to search for homes for sale in the Reef of Rocky Point

Click here to search for all Rocky Point homes for sale and condos for sale

The Reef in Rocky Point June 2017 Market Report

Woodmill Pond Townhomes in Stuart FL June 2017 Market Report

06.25.17 by

Woodmill Pond Townhomes in Stuart FL June 2017 Market Report

As of June 2017, there are two homes available to purchase in the Woodmill Pond community of Stuart FL.  These two homes were listed for $230,000 and $234,000 for an averagelist price of $232,000 which equals $102.58 per sq. ft. of living area.

There is one home currently under contract.  The list price was $219,000 or $98.38 per sq. ft. of living area.  This home was on the market for 21 days before going under contract.

In the past 12 months, 7 townhomes have sold in Woodmill Pond.  Sales prices ranged from $210,000 up to $245,000 for an average sales price of $228,986 which works out to $103.52.  These homes averaged 90 days on the market before going under contract and sold for an average of 98% of list price.

About Woodmill Pond Townhomes in Stuart FL:

Very conveniently located just off US Highway 1 (Federal Highway) in the southern part of Stuart FL is this townhome development of 50 units, which was built in 2007 and in 2010.  While these are two level townhomes with 2 car garages the complex is deeded as condos, meaning the exterior maintenance, common areas, insurance are all included in the association fees.  With these homes come newer construction and all the latest codes are in compliance with most homes having hurricane impact glass making hurricane shutters not a requirement. As of this writing (June 2017), these fees were $374 per month.  These fees cover Common Areas, Insurance-Bldg, Lawn Care, Maintenance Exterior, Manager, Recreational Facilities, Reserve Funds, Water, and Sewer.

Woodmill Pond Townhomes in Stuart FL Woodmill Pond Townhomes in Stuart FL

All homes in Woodmill Pond are 3 bedrooms with 2 and ½ bathrooms.  The ones built in 2007 have 2,076 sq. ft. of living area (under air conditioned space) while those built in 2010 are larger with 2,299 sq. ft.  There’s a clubhouse and a heated community swimming pool.  Up to two pets are allowed per unit and rentals are also permitted with some restrictions.

Woodmill Pond Townhomes in Stuart FL Woodmill Pond Townhomes in Stuart FL

Children living in Woodmill Pond attend Seawind Elementary, Murray Middle and South Fork High schools.

Woodmill Pond Townhomes in Stuart FL Woodmill Pond Townhomes in Stuart FL

Very close to a number of golf courses as well as just minutes to historic downtown Stuart to the north and the Town of Jupiter to the south.  Also close to shopping, restaurants, beaches, boating facilities and medical services.

Search here for Woodmill Pond townhomes in Stuart FL

Florida Townhouses and Condos May 2017 Market Detail

06.24.17 by

Florida Townhouses and Condos May 2017 Market Detail

The Florida Townhouses and Condos Market Detail for May 2017 showed continued growth when compared to last year.   Closed sales were up by 8.0% as compared to last month’s decrease of 4.0% and new sales under contract (new pending sales) increased by 8.0% (In April there was a 5.5% decrease).

Prices rose for the month.  Median sales prices were up by 8.1% (was up by 7.2% in April), while the average sales price decreased by 8.0% (was down 0.9% in April).  Back to steadily increasing values.

The inventory of active listings decreased by 1.5% from May of last year.  For May 2017 we have 6.0 months of inventory (was 6.1 months in April) and compared to 6.1 months for May 2016.  We remain in a balanced 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.

Florida Townhouses and Condos May 2017 Market Detail

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 May 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 May 2017 Market Detail

River Watch on Hutchinson Island June 2017 Market Report

06.24.17 by

River Watch on Hutchinson Island June 2017 Market Report

In June 2017, there are three homes for sale in the River Watch community of Hutchinson Island in Jensen Beach FL.  These homes are listed for prices ranging from $625,000 up to $758,888 for an average list price of $676,296 which works out to $374.13 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 3 River Watch homes have sold.  Sales prices ranged from $325,000 up to $685,000 for an average sales price of $463,333 which is $249.29 per sq. ft. of living area.  These homes averaged 97 days on market before going under contract and sold for an average of 92% of list price.

About River Watch on Hutchinson Island:

Located only a short distance north of the Jensen Beach Causeway and just across the Saint Lucie County line, there is a wonderful small community by the name of River Watch.  These are single family homes ranging from a modest 2 bedroom and 2 bathroom residence with around 1,400 sq. ft. of living area plus a garage up to a spacious 4 bedroom, 3 bathroom with 3,400 sq. ft. of living area and your very own private dock and access to the Intracoastal waterway which is also known as the Indian River.  There are 30 homes in this community which is adjacent to the Windmill Village community and shares the Aqua Ra Road which accesses both subdivisions from A-1-A.

River Watch on Hutchinson Island

Most of these homes are waterfront with access to the Intracoastal Waterway, but suitable mostly for shallower draft vessels and the unusual stipulation that they access the river without the use of gas motors, so only human or electric power for that initial stretch of water.

River Watch on Hutchinson Island River Watch on Hutchinson Island

River Watch residents also have easy access to the beautiful beaches on Hutchinson Island by simply walking across the street to their private beach or a short ride to many of the public access beaches available in both Saint Lucie and Martin County beaches.

This is a non-gated community with a very reasonable $220 a month HOA fee which includes your landscaping as well as basic cable TV (as of June 2017).

River Watch on Hutchinson Island River Watch on Hutchinson Island

This excellent location makes it easy to go grocery shopping, boating, spend days on the beach, restaurants and to enjoy all the wonderful amenities offered on the Treasure Coast of Florida.

Click here to see if any homes are available to purchase in River Watch on Hutchinson Island

Florida Single Family Homes May 2017 Market Detail

06.23.17 by

Florida Single Family Homes May 2017 Market Detail

The Florida Single Family Homes Market Detail for May 2017 had continued growth when compared to last May.  Closed sales were up by 7.6% (were down by 1.2% in April) and new sales under contract (new pending sales) were up by 5.0% (were down by 4.4% in April).

Both the median and average sales prices continued to rise when compared to last year.  Up by 7.7% and 8.3% respectively, compared to April’s 10.3% and 8.3%.

The inventory of available homes for sale fell by 4.5% from last year.  For May there was a 4.0 months supply of inventory as Florida remains in a sellers’ market with the advantage for sellers. (May of 2016 had a 4.3 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.

Florida Single Family Homes May 2017 Market Detail

Click here to view or download the full report:

Florida Single Family Homes May 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 May 2017 Market Detail

Coral Gardens in Stuart FL June 2017 Market Report

06.23.17 by

Coral Gardens in Stuart FL June 2017 Market Report

As of June 2017, there are 5 homes for sale in Coral Gardens in Stuart FL.  List prices range from $184,900 up to $252,000 for an average list price of $211,528 which is $153.29 per sq. ft. of living area.

There are 3 homes currently under contract.  These homes were listed for prices from $179,900 up to $229,900 for an average list price of $203,233 or $135.07 per sq. ft. of living area.  These homes were on the market for an average of 30 days before going under contract.

In the past 12 months, 30 Coral Gardens homes have sold.  Sales prices ranged from $100,619 up to $239,000 for an average sales price of $176,527 which works out to $138.52 per sq. ft. of living area.  These homes averaged 39 days on market before going under contract and sold for an average of 97% of list price.

About Coral Gardens in Stuart FL:

Coral Gardens in Stuart FL

The Coral Gardens community of Stuart FL is centrally located just west of US 1 (Federal Highway) and south of Pomeroy St.  Easy access to downtown Stuart, shopping, restaurants, medical facilities and the beaches and waterways of Martin County.

Coral Gardens in Stuart FL Coral Gardens in Stuart FL

This is a non-HOA (Homeowners Association) community so there are no additional fees.  Also, the Coral Gardens community is one of the more affordable locations in Stuart and Martin County FL.  Homes range in size from very small 2 bedroom, 1 bathroom homes of under 800 sq. ft. all the way to 4 bedroom homes of 2,500 sq. ft. or slightly higher.  Many homes in Coral gardens also have private backyard swimming pools.

Coral Gardens in Stuart FL Coral Gardens in Stuart FL

Those wishing to find an affordable friendly Stuart community to call home might wish to consider Coral Gardens.  Click and explore on the interactive map below to see what a great location Coral Gardens offers.

Search here for available Coral Gardens homes for sale

Coral Gardens in Stuart FL June 2017 Market Report

Hobe Sound FL 33455 Condo Market Report May 2017

06.22.17 by

Hobe Sound FL 33455 Condo Market Report May 2017

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

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

There are currently 16 active condo listings. (Increased by 1 condos from April)

Hobe Sound FL 33455 Condo Market Report May 2017

5 Condos are pending and awaiting close. (Down by 1 condo from April)

Hobe Sound FL 33455 Condo Market Report May 2017

2 Condos sold in May. (Decreased by 2 condos from April)

 Hobe Sound FL 33455 Condo Market Report May 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Closed sales were off for this month, but overall the market activity is still very good.

The absorption rate for Hobe Sound condos decreased to 8 months for May (was 3.8 in April).  Back into a buyers’ market for Hobe Sound condos. 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 May 2016 numbers were: 5 active listings, 7 pending sales and 0 closed sales.  Better activity this year as the inventory has just about tripled.

Hobe Sound FL 33455 Condo Market Report May 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report May 2017