Indian River Drive Real Estate May 2017 Market Report

There are 24 homes and condos available to purchase off of Indian River Drive in may 2017. These properties are listed for prices from $119,900 up to $2,650,000 for an average list price of $853,704 which works out to $265.22 per sq. ft. of living area.

There are 13 homes under contract. These homes were listed for a minimum of $34,900 up to $1,300,000 which averages to $509,731 or $177.08 per sq. ft. of living area. These homes were on the market for an average of 161 days before going under contract.

In the past 12 months, 42 homes have sold. Sale prices ranged from a low of $47,000 up to $850,000 for an average sales price of $423,833 which equals $177.10 per sq. ft. of living area. These homes averaged 111 days on market before going under contract and sold for an average of 93% of list price.

About Indian River Drive:

Search for Indian River Drive Homes for Sale

Search for Indian River Drive Vacant Land for Sale

Discover the last vestiges of old Florida charm and the best values for wide waterfront homes and estate sized land in South Florida today! Twelve miles of paradise on a two lane country road along the Treasure Coast between the Island Life Of Jensen Beach and the Historic Town of Ft. Pierce. Most of the homes on Indian River Drive will have the wide views of the Intracoastal (Indian River) on the east side and the unspoiled beauty of the Savannahs Preserve State Park on the west side.

The blue waters of the Atlantic Ocean are just minutes away. The famous Hutchinson Island is viewed by all residents along this designated Florida Scenic Route.

The early settlers of the Treasure Coast recognized the Tropical Beauty of this bit of paradise. Long used as transportation route for the pineapple plantation owners to ship their product to various ports-o-call. The Intracoastal has easy access to the Atlantic Ocean and is a safe haven for boaters. World class marine life is right at your doorstep and the fishing is some of the best in the world.

The high elevation along the drive adds drama and beauty to most homes along this scenic stretch of two lane road.

May 2017 Market Report for Ocean House in Indian River Plantation

05.08.17 by Gabe Sanders

May 2017 Market Report for Ocean House in Indian River Plantation

May 2017 Market Report for Ocean House Condos in Indian River Plantation, Hutchinson Island in Stuart, FL

Currently there are 3 active listing on the market in Ocean House, with list prices from $595,000 up to $637,000 for an average list price of $610,333 which equates to $455.47 per square ft. of living area.

There are no condos currently under contract awaiting settlement.

In the past 12 months, there have 3 sales in Ocean House. The sales prices were from $440,000 up to $637,500 for an average sales price of $512,500 or $370.98 per square foot of living area. These condos sold for an average of 92% of the last list price and went under contract in an average of 296 days after being listed.

One of the newest buildings in Indian River Plantation, Ocean House, is also the most magnificent. Consisting of 79 Luxury Condo units of either 2 or 3 spacious bedrooms with amenities galore. All suites have Ocean views, even the first floor units, which are in actuality the equivalent of being on the third floor as there are two parking levels for residents to enjoy covered parking.

Ocean House has a newly renovated club house area featuring an Reportd kitchen with granite counter tops and stainless steel appliances. Two flat screen televisions and free wi-fi for those that need connectivity.

A heated pool and lanai area that’s perfect for lounging close to the beach, or walk down your private access to enjoy the crystal blue waters of your private Atlantic ocean beach.

Barbecue area with a Tiki Hut for those nights that you want to eat out under the stars.

The Marriott Resort at Indian River Plantation Features:

Indian River Plantation consists of numerous condominium associations and buildings. All styles from Ocean front to River front and Golf and Tennis villas can be found here. IRP is associated and co-located with the Marriott Resort and Marina.

Tucked away on Hutchinson Island, the Treasure Coast’s 16-mile lush barrier island, is a unique resort that greets guests with the warmth of true Southern hospitality.

The Hutchinson Island Marriott Beach Resort and Marina stretches across 200 acres of plantation landscape on Hutchinson Island, bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.

A newly remodeled lobby with sweeping draperies, plantation-style wood furnishings and tropical tones sets the stage for a magical golf getaway. This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. Plantation East, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. The Ocean Club, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

The Hutchinson Island Marriott offers guests and residents two tiki bars and their Signature Restaurant, the Baha Grille. Thirteen Novagrass tennis courts, miles of unspoiled beaches, water sports, deep sea fishing, and a full-service 77-slip marina anchored on the Indian River round out a perfect vacation of sun and fun.

Resort amenities also include three heated pools with sun decks, game rentals from the Activities Hut, two outdoor spas and supervised activities for both children and teens.

May 2017 Market Report for Ocean House in Indian River Plantation

Hutchinson Island Condos For Sale

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The Arbors in Hobe Sound May 2017 Market Report

05.04.17 by Gabe Sanders

The Arbors in Hobe Sound May 2017 Market Report

There are 3 available homes for sale in The Arbors as of May 2017. List prices are from $414,000 up to $789,000 for an average of $601,000 which equals $203.30 per sq. ft. of living area.

There is one home under contract which has not completed the sales process. The list price was $519,000 or $196.15 per sq. ft. of living area.. This home was on the market for 96 days prior to going under contract.

In the past 12 months, 13 homes have sold in the Arbors. Sales prices ranged from $345,000 up to $584,000 for an average sales price of $468,969 which equals $190.41 per sq. ft. of living area. These sales averaged at 96% of the listed price and were on the market for an average of 90 days prior to entering into an agreement for sale.

About the Arbors in Hobe Sound:

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

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

The Arbors is a wonderful place to call home.

Search for all Arbors Homes in Hobe Sound Real Estate

Ocean Dunes Condos on Hutchinson Island May 2017 Market Report

05.03.17 by Gabe Sanders

Ocean Dunes Condos on Hutchinson Island May 2017 Market Report

As of May 2017, there were no condos for sale in Ocean Dunes on Hutchinson Island in Jensen Beach FL.

There is one condo currently under contract. This oceanfront condo was listed for $469,900 which is $362.02 per sq. ft. of living area. This condo was on the market for 194 days before going under contract.

In the past 12 months, 3 condos have sold. Sales prices ranged from $240,000 up to $295,000 for an average sales price of $271,667 or $217.71 per sq. ft. of living area. These condos were on the market for an average of 22 days before going under contract and sold for an average of 97% of the last list price.

About Ocean Dunes Condos in Jensen Beach FL:

Just north of the Jensen Beach Causeway is the very exclusive Ocean Dunes Condo Building. This 8 story elevator building was built in 1982 and contains only 28 units. No more than 4 condos per floor with the penthouse having two spacious double sized units of 2,502 sq. ft. under AC each. The remaining condos are all 2 bedroom, 2 bath with the corner units having 1,298 sq. ft. of living area and the interior ones having 1,228.

There is ample parking as well as beach access, private pool and a tennis court. One small pet is allowed as well as rentals are permitted with some restrictions. The current condo fees are $530 per month as of December 2016.

There is shopping located across the street and it’s only a short drive to downtown Jensen Beach.

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

St Lucie County Townhouses and Condos March 2017 Market Detail

05.02.17 by Gabe Sanders

St Lucie County Townhouses and Condos March 2017 Market Detail

The St Lucie County Townhouses and Condos Market Detail for March 2017 showed another month of strong gains. Closed sales were up by 16.1% from last year (was up 1.4% in February) while new pending sales decreased by 0.6% (was up by 5.8% in February).

Values continue to rise impressively with the median price up by 28.0% (was up by 41.6% in February) while the average sales price increased by 13.3% (was up by 17.5% in February). I’ve been expecting prices to moderate for some time so these increases are surprising.

The inventory of available townhouses and condos decreased by 36 units from last month to 569 units, which is 13.1% less than March 2016. The current supply is 5.9 months, which is 10.6% lower than the 6.6 months of inventory last year. The St Lucie County townhouses and condos is slipping back into a sellers market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

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

Coral Lakes – May 2017 Market Report

05.02.17 by Gabe Sanders

Coral Lakes – May 2017 Market Report

For may 2017 there are two homes available for sale in Coral Lakes in Stuart FL. These homes are listed for $305,000 and $390,000 for an average of $347,500 which is equal to $158.32 per sq. ft. of living area.

There is one home currently under contract in Coral Lakes. This home was listed for $272,000 or $154.90 per sq. ft. of living area and was on the market for 32 days before going under contract.

Only one home has sold in the past 12 months Coral Lakes. This home sold for $251,000 or $103.51 per sq. ft. of living area. It was on the market for only 6 days before going under contract and sold for 108% of the list price.

About Coral Lakes:

The gated Stuart FL community of Coral Lakes is off Willoughby Blvd between Pomeroy Street and Salerno Road. Communities like this are no longer being developed in most centrally located areas as all of the lots are a minimum of a ½ acre and a number are over an acre.

There are just under 100 home sites in Coral Lakes with the first homes built in 1980 and the most recently completed one was in 2005. Homes come in all sizes and shapes with different builders and range from just over 1,600 sq. ft. 2 bedrooms and 2 bathrooms homes up to over 4,500 sq. ft. homes with 5 bedrooms and 4 bathrooms and multi-car garages.

Other than a storage lot for boats, RV’s and trailers there are no additional amenities in Coral Lakes and the low HOA fee of $450 per year covers maintenance of the common areas, gates and management (as of March 2017). Many homes have private pools in these spacious single family home sites as well as other much desired amenities.

The location makes it easy for residents of Coral Lakes to commute via I-95 to parts north or south of Martin County and yet still be close to shopping, restaurants, medical facilities, beaches and waterways , and the other great attractions that make Stuart FL so popular among families.

Currently, children attend the Pinewood Elementary, Dr. David L. Andersen Middle and Martin County High Schools.

Check here to see which Coral Lakes homes are available for sale.

Poppleton Creek Condo Market Report for May 2017

05.01.17 by Gabe Sanders

Poppleton Creek Condo Market Report for May 2017

As of May 2017, there are 3 condos available in the Poplleton Creek community of Stuart, FL. List prices range from $129,900 up to $165,000 for an average list price of $147,967 which is $124.18 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, there have been 8 sales. Sales prices ranged from $34,100 up to $115,000 for an average sales price of $72,106 or $73.14 per sq. ft. of living area. These condos averaged only 17 days on the market before going under contract and sold for an average of 95% of list price.

About the Poppleton Creek Condo Community in Stuart FL:

Conveniently located just west of US-1 (Federal Highway) on Kanner Highway and close to downtown Stuart is the Poppleton Creek Condo Complex.

This community consists of two sections. One is a more traditional type of condo building with units consisting of mostly 2 bedroom condos and a few 1 bedroom units built in 1974 with approximately 875 sq. ft. of living area. There is also a newer section built in 1981 with 1,250 sq. ft. condos that are more like townhomes with 2 bedrooms and 2 bathrooms.

The newer section, which was completed between the years of 1984 and 1985 is referred to as the Gardens at Poppleton Creek and consist of a more open plan that are all 1,164 sq. ft. of living area with 2 bedrooms and 2 bathrooms.

Some units in booth the newer sections look out and are along the shores of Poppleton Creek which has ocean access through the Saint Lucie River. There are docks available in Poppleton Creek that are only suitable for smaller boats as the waters are fairly shallow and one must travel under the Palm City road bridge which only has limited clearance. There is also a place for kayak storage and launching.

One medium sized pet is allowed (under 35 lbs.) and rentals are also allowed with restrictions. There is ample parking but no commercial vehicles are allowed. Units do have washer and dryer hookups for in home laundry.

There are two community pools and unfortunately no sports courts at this time. All ages are welcome and children currently attend the J.D. Parker Elementary School, Stuart Middle School and the Jensen Beach High School.

Condo association fees as of January 2017 range from $236 to just over $411 per month depending on the section and size of the condo.

Click here to see all the currently listed condos in Poppleton Creek (If any)

St Lucie County Single Family Homes March 2017 Market Detail

04.30.17 by Gabe Sanders

St Lucie County Single Family Homes March 2017 Market Detail

St Lucie County Single Family Homes Market Detail for March 2017 showed improved activity for the month. Closed sales were up by 11.6% (in February they were up by 5.1%) and new sales under contract (new pending sales) increased by 4.4% (they were down by 0.5% last month).

Prices continue to show very strong increases. The median and average sales prices up by 15.7% and 14.9% respectively from last March (For February these numbers were up 18.2% and 16.6%). While these are very good results for sellers, they make me a little nervous as rates of increase this high may result in lower affordability of homes and subsequently less sales in the future.

Active listings decreased by 74 homes to 1,740 homes. This inventory is 8.0% lower than last year. The current supply of homes is at 3.9 months (was 4.1 months for February) This is 4.9% 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.

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

The Princess of Hutchinson Island April 2017 Market Report

04.30.17 by Gabe Sanders

The Princess of Hutchinson Island April 2017 Market Report

As of April 2017, there are 6 active listings in the Princess of Hutchinson Island. List prices range from a low of $292,000 to a high of $375,000 for an average list price of $337,800 and an average cost per sq. ft. of living area of $240.71.

There are no condos under contract that have not closed as of this writing.

In the past 12 months, 16 condos have sold in the Princess. Sales prices ranged from $215,000 up to $470,000 for an average sales price of $310,650 or $218.64 per sq. ft. of living area. These condos were on the market for an average of 83 days before going under contract and sold for an average of 97% of the last list price.

The Princess of Hutchinson Island is one of the more elegant high rise condominiums on Hutchinson Island in Jensen Beach. Located just North and East of Nettles Island and just 2 miles North of the Jensen Beach Causeway this 20 story condominium has both 3 bedroom, 2 bathroom condos and 2 bedroom, 2 bathroom condos with varying floor plans from 1,209 sq. ft. to spacious 1,716 sq. ft. units.

The Princess was built in 1984 and has a heated pool, Jacuzzi, common area with a game room, kitchen and bar. There’s tennis and bocce courts as well as trailer parking and a vehicle wash area.

The maintenance fees which include use of all facilities as well as exterior maintenance and insurance run from just under $500 a month to $700 a month depending on the size of the condo. The Princess of Hutchinson Island is one of the premier locations on the Island and is a much sought after building.

Search here for all available Princess of Hutchinson Island 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 – Oceanrise – Ocean Bay Villas – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Joes Point April 2017 Market Report

04.29.17 by Gabe Sanders

Joes Point April 2017 Market Report

As of April 2017 there are two homes for sale in Joes Point. List prices are $1,195,000 and $1,300,000 for an average list price of $1,247,500 which works out to $394.70 per sq. ft. of living area.

There is one home under contract. The list price was $1,195,000 or $505.93 per sq. ft. of living area. This home was on the market for 473 days before going under contract.

In the past 12 months, one home has sold in this waterfront community. The sales price was $$714,000 which equals $232.04 per sq. ft. of living area. This home went under contract in 72 days and sold for 90% of the list price.

One of the most unusual properties on Stuart’s Hutchinson Island is Joes Point. Located on a private peninsula which juts to the north west into the mile wide Indian River (Intracoastal Water Way). Originally developed by Lloyd Dutcher in the early 1980’s this is a premier waterfront subdivision enjoying the many wonderful amenities of Hutchinson Island in Martin County. Only minutes to the Saint Lucie inlet and the sparkling Atlantic Ocean by boat, with easy access to the Bahamas or through the Okeechobee water way through the heart of Florida to the Gulf of Mexico by boat. This is a true boaters paradise. Abundant fishing is just off the dock or go just a few minutes further for some deep sea fishing and adventure.

Joes Point has 56 home sites (3 are vacant lots at this writing) of which most are waterfront with private docks and sweeping water views of the Intracoastal Waterway (Indian River). There are 8 non-waterfront homes, though they have docks in the community marina which is just a short walk from these homes. There is also a community RV/Boat storage area as well as a tennis court. HOA fees as of April 2017 were under $300 per month and include central water and sewer service.

Pets are welcome as well as having the ability to rent these homes. This is a gated community offering a high level of privacy on the shores of the Indian River. Beach access is across A-1-A in a private and HOA owned beach area.

Search here for any available Joes Point Homes for Sale

Twin Lakes Condo Market Report for April 2017

04.29.17 by Gabe Sanders

Twin Lakes Condo Market Report for April 2017

There are currently 8 condos available to purchase in the Twin Lakes community in Stuart FL. List prices range from $80,000 up to $119,900 for an average list price of $101,584 which equals $96.89 per sq. ft. of living area.

6 condos are currently under contract. List prices of these pending sales were from $82,900 up to $129,900 for an average of $113,933 or $107.01 per sq. ft. of living area. These condos averaged 36 days on the market before going under contract.

In the past 12 months 20 condos have sold in Twin Lakes. Sales prices ranged from $72,800 up to $114,500 for an average sales price of $100,372 which works out to $90.59 per sq. ft. of living area. These condos averaged 28 days on the market before going under contract and sold for an average of 95% of list price.

About the Twin Lakes Condo Community:

The Twin Lakes Condos of Stuart FL are located at 6531 SE Federal Highway in South Stuart, just north of the edge of Hobe Sound. There are just over 280 units in Twin Lakes. These condos were first built in 1973 through 1979 with the last phase having been completed in 1989. All condos are 2 bedroom two bathroom units in two story buildings. Interior square footage range from 977 up to 1,182.

One portion of this community is a 55 an over while the other is open to all ages. Both phases will accept one small pet. There is a community pool, clubhouse, tennis courts, shuffleboard courts and a pleasant area for those wishing to hike around the lakes.

The current Condo Association fees are $306 a month (as of April 2017) and these fees cover Building Insurance, Cable, Common Areas, Lawn Care, Maintenance Exterior, Manager, Master Antenna/TV, Pest Control, Pool Service, Reserve Funds and Trash Removal.

Children in the all ages section of twin Lakes attend Port Salerno Elementary School, Murray Middle School and South Fork High School.

There is ample reserved and guest parking and commercial vehicles, trucks and RV’s are not permitted. Rentals are OK with some restrictions.

Click here to view the available Twin Lakes condos listed in the Martin County MLS system

Martin County Townhouses and Condos March 2017 Market Detail

04.28.17 by Gabe Sanders

Martin County Townhouses and Condos March 2017 Market Detail

Martin County Townhouses and Condos Market Detail for March 2017 had a bit slower closed sales for the month as compared to last year, while new pending activity looks good. Closed sales for the month were down by 2.5% (was up by 1.0% in February) while new sales under contract (new pending sales) were up by 8.8% from March 2016 (decreased by 6.8% in February).

Prices were down again for March as the median sales price decreased by 13.0% (was down by 2.2% in February) while the average sales price decreased by 19.6% (was down by 14.4% in February) as compared to March of 2016. Not totally unexpected with the rapid rise of prices for the past three years as there may be a small correction taking place. Though this market is till active.

The inventory of available townhouses and condos decreased by 26 units to 445 properties as compared to last month. This is 12.9% greater than the March 2016 inventory. Currently, there’s a 4.7 month supply of inventory (a 17.5% increase from last year which was 4.0 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.

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

Canopy Creek April 2017 Market Report

04.28.17 by Gabe Sanders

Canopy Creek April 2017 Market Report

There are currently 2 homes for sale in Canopy Creek in Palm City. Both are new construction homes from Kolter Homes. List prices are $674,900 and $824,900 for an average list price of $749,900 or $202.30 per sq. ft. of living area.

There are no homes currently under contract in Canopy Creek.

In the past 12 months, 9 Canopy Creek homes have sold. Sales prices ranged from $624,900 to $921,580 for an average sales price of $731,062 or $213.77 per sq. ft. of living area. These homes averaged 116 days on market prior to going under contract and the sales prices averaged 101% of the list price.

Canopy Creek Clubhouse

Canopy Creek in Palm City is a beautiful community for those seeking new construction homes with plenty of room for privacy. With just 300 homes on 700 acres of preserves and wetlands this community affords luxury living without the crowds of urban areas. Each estate home in this Eco-friendly community is on a minimum of a half-acre lot and all offer peaceful views of protected Florida preserves.

Canopy Creek will be a gated private community with easy access to I-95 or the Florida Turnpike. Minutes from the famous Treasure Coast beaches of Florida, the area also offers fabulous shopping and dining in beautiful Stuart, Florida and one of the finest public school systems in Florida. Canopy Creek is your best choice for new homes in Palm City, Florida.

New homes range in size from just over 3,000 sq. ft. of living area to 4,100 sq. ft. with prices starting from the low $600,000’s. Clients of the BlueWater Realty Team may qualify for some special promotional discounts. Please call us for details.

Whitemarsh Reserve April 2017 Market Report

04.26.17 by Gabe Sanders

Whitemarsh Reserve April 2017 Market Report

In late April 2017 there are five homes available for sale in Whitemarsh Reserve. List prices range from $189,999 to $277,000 for an average list price of $245,200 or $134.43 per sq. ft. of living area.

There are 6 townhouses that are under contract. List prices for these pending sales are from $224,900 to $255,000 for an average list price of $237,450 which equals $121.89 per sq. ft. of living area. The average days on market for these homes was 37 days before going under contract.

In the past 12 months, 19 homes have sold in Whitemarsh Preserve. Sales prices ranged from $203,000 to $252,500 for an average sales price of $233,842 which is $115.16 per sq. ft. of living area. These homes averaged 49 days on market prior to going under contract and sold for an average of 96% of list price.

About the Whitemarsh Reserve Townhomes in Stuart FL:

This gated community of new town-homes located in Stuart, just off Kanner Highway (SR 76) is a great place for families or singles. Most Whitemarsh Reserve town homes have private wetlands views and there’s a tranquil nature trail for relaxing walks or exercise. Residents enjoy a resort style pool, basketball court, and a play area for children! This community is like a portrait with its beautiful landscaping.

Whitemarsh Reserve townhomes were first built in 2006 and continued through 2012. The initial townhomes were larger than the last ones that were built. With the largest ones being 2,299 sq. ft. of living space with 3 bedrooms and 2 bathrooms with 2 car garages and the smallest ones having only 1,000 sq. ft. with 2 bedrooms and 2 bathrooms and a single car garage.

This is a pet friendly community allowing up to one large dog. Rentals are also allowed with some restrictions. The HOA fee as of April 2017 was just over $140 per month and includes the maintenance of the common areas, basic cable TV, landscaping and lawn service, exterior painting, trash pickup and the manager.

Only minutes to I-95 for those wishing to commute either north or south. Only 30 minutes to West palm Beach and about 2 hours to Orlando and it’s attractions. The surrounding city of Stuart is a great place to live in with its ‘A’ rated schools, variety of great restaurants, shopping, gorgeous beaches and recreational activities.

Search for all Whitemarsh Reserve Real Estate in Stuart FL

Whitemarsh Reserve April 2017 Market Report

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

Florida Townhouses and Condos March 2017 Market Detail

04.25.17 by Gabe Sanders

Florida Townhouses and Condos March 2017 Market Detail

The Florida Townhouses and Condos Market Detail for March 2017 continued with strong sales activity. Closed sales were up by 11.4% as compared to last months increase of 4.1% and new sales under contract (new pending sales) increased by 7.1% (In February there was a 0.5% increase).

Values continued to increase though at a strong pace. Median sales prices were up by 9.4% (was up by 11.7% in February), while the average sales price increased by 10.7% (was up 8.5% in February). As sales activity decreases and if inventory continues to increase, I expect these prices to continue to moderate, though they are staying pretty resilient at this time.

The inventory decreased by 0.1% from March of last year. For March 2017 we have 6.3 months of inventory (was 6.4 months in February) and compared to 6.2 months for March 2016. We remain in a balanced market for Florida townhouse and condo sales but are drifting slowly towards a buyers market in the past year. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

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 March 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 March 2017 Market Detail

The Falls of Jensen Beach April 2017 Market Report

04.25.17 by Gabe Sanders

The Falls of Jensen Beach April 2017 Market Report

For April 2017 there are 7 homes available for sale in the Falls of Jensen Beach. Listing prices range from $437,500 up to $699,000 for an average list price of $547,495 or $170.18 per sq. ft. of living area.

There is one home under contract which has not completed the sales process (closed). The list price of this home is $449,000 or $165.26 per sq. ft. of living area. This home was on the market for 31 days prior to going under contract.

In the past 12 months, 11 homes have sold in the Falls of Jensen Beach. Sales prices ranged from $450,000 up to $639,000 for an average sales price of $507,695 which is equal to $163.84 per sq. ft. of living area. These homes averaged 128 days on market before going under contract and sold on average for 98% of listed price.

About the Falls in Jensen Beach FL:

A newer Kolter community located just north and west of the Treasure Coast Mall in Jensen Beach FL. This is a gated community with spacious lots, many of which have serene preserve or lake views from the back patio and yard.

The Falls is in a wonderful location close to shopping, restaurants as well as professional services and only a few minutes to the beaches and waterways that Martin County has to offer. Children living in the falls have the privilege of attending Martin County ‘A’ rated schools. Currently these are the Jensen beach Elementary school, Stuart Middle school and the Jensen Beach High school.

Construction in the Falls began in 2006 and all of the 130 lots have now been built, with the latest homes just recently completed in 2016. As of this writing there are only two new homes available from the builder, but re-sale homes have been coming on the market at a fairly steady rate.

Homes sizes in the Falls range from 4 bedroom, 3 bathroom homes of 2,236 sq. ft. of living area up to 5 bedroom, 4 bathroom homes with just under 4,500 sq. ft. under AC. The majority of the homes in the falls have 3 car garages. Homes range from single story ranch style designs to two story homes and many have private pools.

Since this is a newer community, all homes meet the latest building codes for hurricane and wind protection and most homes also feature updated kitchen with granite countertops.

The HOA fee (as of April 2017) is $232 per month and includes your landscape and lawn service, basic cable TV as well as security and the common areas. There is no community pool or clubhouse in the Falls.

Here are the currently available homes in the Falls of Jensen Beach

Those interested in new construction in the Falls, please call us for our special builder rebate program (772) 323-6996.

Florida Single Family Homes March 2017 Market Detail

04.24.17 by Gabe Sanders

Florida Single Family Homes March 2017 Market Detail

The Florida Single Family Homes Market Detail for March 2017 rebounded with increased activity from last March. Closed sales were up by 9.3% (were down by 0.5% in February) and new sales under contract (new pending sales) were up by 3.6% (were down by 2.0% in February).

Both the median and average sales prices continued to rise from March 2016 to March 2017. Up by 10.4% and 11.3% respectively, compared to February’s 12.5% and 9.5%.

The inventory of available homes for sale fell by 4.9% from last year. For March there was a 4.1 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (March of 2016 had a 4.4 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.

Click here to view or download the full report:

Florida Single Family Homes March 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 March 2017 Market Detail

Atlantis Condos on Hutchinson Island April 2017 Market Report

04.24.17 by Gabe Sanders

Atlantis Condos on Hutchinson Island April 2017 Market Report

There are currently 7 condos on the market in the three Atlantis condo buildings.. List prices range from $214,000 to $297,000 for an average list price of $250,000 which equates to $227.06 per sq. ft. of living area.

There are 4 Atlantis condos that are under contract that haven’t sold to date. List prices are $182,500 and $299,000 for an average of $227,375 or a per sq. ft. price of $207.14. These 4 condos went under contract in an average of 160 days.

In the past 12 months, 13 condos have sold in Atlantis. Sales prices ranged from $163,500 to $300,000 with an average sales price of $222,069 or $201.26 per sq. ft. of living area. These condos sold in an average of 119 days and at an average of 95% of list price.

About Atlantis Condos:

Atlantis Condos on Hutchinson Island in Jensen Beach FL (Saint Lucie County) consists of three buildings. Atlantis ‘A’, Atlantis ‘B’ and Atlantis ‘III’. Buildings A and B were constructed in 1978 and consist of 68 2 bedroom 2 bathroom condos with 1,053 sq. ft. of living space on 7 stories. End units are slightly bigger with wrap around balconies and 1113 sq. ft. of living space. Building III was built in 1982, also with the same number of condos but is slightly larger with 1,151 sq. ft. interior units and 1,258 sq. ft. on the ends.

Condo association fees at the time of this post were in the low $300’s per month for Buildings A & B and the low $400’s for Atlantis III. These three buildings have two pools in between them as well as direct ocean access from the rear of all buildings. Those on floors 3 to 7 enjoy excellent ocean and beach views, while the lower floors have partially blocked views because of the sand dunes. There is ample outdoor parking for all residents as well as two tennis courts and a vehicle wash area.

The Atlantis condos are conveniently located just 1 and ½ miles north of the Jensen Beach Causeway and within an easy drive of shopping, restaurants and all the amenities offered on Florida’s Treasure Coast.

Give the Gabe Sanders BlueWater realty team a call or email if you would like more information or wish to see the Atlantis complex in Jensen Beach FL.

Search for Atlantis Condos on Hutchinson Island for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Claridge – Dune Walk – Empress – Island Club – Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise – Ocean Bay Villas – Princess – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Hobe Sound FL 33455 Condo Market Report March 2017

04.23.17 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report March 2017

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

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

There are currently 16 active condo listings. (Increased by 3 condos from February)

4 Condo is pending and awaiting close. (Down by 2 pending condos from February)

4 Condos sold in March. (Increased by 2 closed sales from February)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. There continues to be solid activity, though with such small numbers, trends are difficult to analyze.

The absorption rate for Hobe Sound condos decreased to 4.0 months for March (was 6.5 in February). A sellers 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 March 2016 numbers were: 5 active listings, 7 pending sales and 3 closed sales. Activity seems to be improving here but it’s very difficult to make meaningful comparisons with such low numbers of sales and inventory, though this segment appears to be returning to more normal volume.

Search for Hobe Sound FL Condos for Sale Here

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report March 2017

Pierpoint Yacht Club April 2017 Market Report

04.23.17 by Gabe Sanders

Pierpoint Yacht Club April 2017 Market Report

There are 4 active listings in Pierpoint for early April 2017. List prices range from a low of $94,888 up to a high of $178,500 for an average list price of $135,722 which equates to a per sq. ft. price of $111.22.

There are 4 condos currently under contract. These condos were listed from $109,900 up to $199,000 for an average list price of $159,700 or $126.69 per sq. ft. of living space. These condos averaged 78 days on the market before going under contract.

In the past 12 months, 13 condos have sold in Pierpoint. Sale prices ranged from $$87,000 to $229,900 for an average sales price of $134,338 which equals $106.38 per sq. ft. of living space. These condos were under contract in an average of 87 days and sold at an average of 95% of the list price.

About the Pierpoint Condos in Stuart FL:

This friendly, active 55+ condominium offers two community pools, grills, shuffleboard, a waterfront clubhouse and dock. First floor, end unit overlooking a peaceful courtyard and pond with a fountain. Clean, freshly painted, vacant unit just perfect for you!

Located in the heart of Stuart and on the shores of the wide Saint Lucie River, the Pierpoint Yacht Club Condominiums is the premier adult community in Stuart, Florida. Extremely well maintained complex of 8 buildings, some of which have magnificent water views.

Pierpoint has docks with boat slips for rent as available. Also on this dock is a fishing station and benches for all Pierpoint residents to enjoy and use. Stuart enjoys some of the finest fishing conditions in all of Florida and the east coast.

On the shores of the Saint Lucie River, Pierpoint has a large and active clubhouse with a full kitchen available for members and special occasions. Adjacent to the clubhouse is one of two heated pools, a billiard room, reading library and shuffle board courts. There’s an outdoor lounge for sipping cocktails right on the shores of the wide Saint Lucie River. Lots of green space and ample parking complement this wonderful community.

As of April 2017 the condo fees in Pierpoint were $346.00 per month for a one bedroom condo and $367.00 per month for a two bedroom condo. These fees cover Basic Cable TV, Fire/Liability Insurance, Grounds / Plants, Maintenance Exterior, Manager, Pest Control, Recreational Facility, Roof Maintenance, Trash Removal, Water and Sewer.

Search for all Pierpoint Yacht Club Condos for Sale in Stuart Florida Real Estate

Pierpoint Yacht Club April 2017 Market Report

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Stuart Florida Real Estate presented by:
the Gabe Sanders BlueWater Realty team

772-763-8506

Indian River Drive Real Estate May 2017 Market Report

About Indian River Drive:

May 2017 Market Report for Ocean House in Indian River Plantation

The Marriott Resort at Indian River Plantation Features:

The Arbors in Hobe Sound May 2017 Market Report

About the Arbors in Hobe Sound:

Ocean Dunes Condos on Hutchinson Island May 2017 Market Report

About Ocean Dunes Condos in Jensen Beach FL:

St Lucie County Townhouses and Condos March 2017 Market Detail

St Lucie County Townhouses and Condos March 2017 Market Detail

Coral Lakes – May 2017 Market Report

About Coral Lakes:

Poppleton Creek Condo Market Report for May 2017

About the Poppleton Creek Condo Community in Stuart FL:

St Lucie County Single Family Homes March 2017 Market Detail

St Lucie County Single Family Homes March 2017 Market Detail

The Princess of Hutchinson Island April 2017 Market Report

Joes Point April 2017 Market Report

Twin Lakes Condo Market Report for April 2017

About the Twin Lakes Condo Community:

Martin County Townhouses and Condos March 2017 Market Detail

Martin County Townhouses and Condos March 2017 Market Detail

Canopy Creek April 2017 Market Report

Whitemarsh Reserve April 2017 Market Report

About the Whitemarsh Reserve Townhomes in Stuart FL:

Whitemarsh Reserve April 2017 Market Report

Florida Townhouses and Condos March 2017 Market Detail

Florida Townhouses and Condos March 2017 Market Detail

The Falls of Jensen Beach April 2017 Market Report

About the Falls in Jensen Beach FL:

Florida Single Family Homes March 2017 Market Detail

Florida Single Family Homes March 2017 Market Detail

Atlantis Condos on Hutchinson Island April 2017 Market Report

About Atlantis Condos:

Hobe Sound FL 33455 Condo Market Report March 2017

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

Hobe Sound FL 33455 Condo Market Report March 2017

Pierpoint Yacht Club April 2017 Market Report

About the Pierpoint Condos in Stuart FL:

Pierpoint Yacht Club April 2017 Market Report

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