Stuart FL 34997 Condo Market Report January 2017

02.18.17 by

Stuart FL 34997 Condo Market Report January 2017

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

 

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

There are currently 80 active condo listings (Decreased by 3 condos from December).

Stuart FL 34997 Condo Market Report January 2017

34 Condo sales are pending and awaiting close or lender approval (Up by 5 condos from December).

Stuart FL 34997 Condo Market Report January 2017

15 Condos Sold in January (Increased by 4 condos from December).

Stuart FL 34997 Condo Market Report January 2017

     The Stuart FL condo market for zip code 34997 showed a strong start to the beginning of 2017 with increases in both pending and closed sales.
     The absorption rate dropped to 5.3 months in January from 7.5 months for December.  Back into a sellers’ market for the 34997 zip code of Stuart FL. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The January 2016 numbers were: 79 active listings, 29 pending sales and 8 closed sales.  Considerably improved activity for this year as compared to 2016.

Stuart FL 34997 Condo Market Report January 2017

Stuart Florida Real Estate presented by:
Gabe Sanders

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

 

 

Mariner Sands February 2017 Market Report

02.18.17 by

Mariner Sands February 2017 Market Report

For late February 2017 there are 65 properties for sale in Mariner Sands.  These 65 properties include a mix of condos and homes.  The list prices range from $150,000 up to $899,000 for an average list price of $415,265 which works out to $155.59 per sq. ft. of living area.

There are 9 homes under contract (pending) which have not completed the sales process to date.  List prices were from $172,000 up to $645,000 for an average of $374,644 or $154.64 per sq. ft. of living area.  These homes averaged 149 days on market prior to going under contract.

In the past 12 months, 32 homes and condos have sold.  Sales prices ranged from $128,000 up to $772,000 for an average sales price of $368,211 which equals $143.91 per sq. ft. of living area.  These homes averaged 107 days on the market before going under contract and sold on average at 92% of the last listed price.

About Mariner Sands

Clubhouse of Mariner Sands Golf Club in Stuart Florida

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

Chapel in Mariner Sands Golf Club in Stuart Florida

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

Golf Course of Mariner Sands Golf Club in Stuart Florida

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

Golf Views of Mariner Sands Golf Club in Stuart Florida

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

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

Golf in Mariner Sands Golf Club in Stuart Florida

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

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Mariner Sands February 2017 Market Report

Stuart FL 34997 Residential Market Report January 2017

02.17.17 by

Stuart FL 34997 Residential Market Report January 2017

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

 

There are currently 354 active listings (Increased by 20 homes from December).

Stuart FL 34997 Residential Market Report January 2017

169 Residential sales are pending and awaiting close or lender approval (Up by 49 homes from December).

Stuart FL 34997 Residential Market Report January 2017

61 Homes Sold in January (Decreased by 8 homes from December)

Stuart FL 34997 Residential Market Report January 2017

      The Stuart Florida Residential Market for ZIP Code 34997 started the year with a big jump in inventory and a lower number of closed sales.  Pending sales, however, look very strong.
     The absorption rate decreased to 5.8 months (was 4.8 months for December).  Just about back to a balanced market, only a slight sellers’ one for the 34997 zip code area of Stuart.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2016 numbers for January, were: 299 active listings, 156 pending listings, and 88 closed sales.  Higher inventory this year and lower volume of closed sales.  Though, pending sales look strong.
Stuart FL 34997 Residential Market Report January 2017

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Stuart FL 34997 Residential Market Report January 2017

 

Stuart FL 34996 Condo Market Report January 2017

02.16.17 by

Stuart FL 34996 Condo Market Report January 2017

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

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

There are currently 170 active condo listings (Up by 17 condos from last month).

Stuart FL 34996 Condo Market Report January 2017

31 Condo sales are pending and awaiting close or lender approval (Decreased by 4 condos from December).

Stuart FL 34996 Condo Market Report January 2017

22 Condos Sold in January (Up by 2 condos from December) 

Stuart FL 34996 Condo Market Report January 2017

The Stuart FL 34996 Condo Market of Stuart had small gains from last month with sales up slightly.  A fairly large jump in inventory along with a decrease in pending sales is a little troubling.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 remained basically unchanged at 7.7 months from December’s 7.65 months.  Remaining in a buyers market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for January 2016 were: 123 active listings, 37 pending sales and 11 closed sales.  Somewhat better closed activity for this year when compared with last year, but with a much larger number of condos available for sale.

Stuart FL 34996 Condo Market Report January 2017

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Stuart FL 34996 Condo Market Report January 2017

Stuart FL 34996 Residential Market Report January 2017

02.15.17 by

Stuart FL 34996 Residential Market Report January 2017

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

 

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

 

There are currently 180 active listings (Up by 11 homes from December).

Stuart FL 34996 Residential Market Report January 2017

43 Residential sales are pending and awaiting close or lender approval (Up by 12 homes from December).

Stuart FL 34996 Residential Market Report January 2017

10 Homes Sold in January (Decreased by 7 homes from December).

Stuart FL 34996 Residential Market Report January 2017

The 34996 zip code area of the Stuart Florida residential real estate market slowed for the beginning of 2017 with an increase in inventory and a decrease in closed sales.  Pending sales remain strong so we should see improved numbers in the next few months.

The one month absorption rate for the 34996 zip code area of Stuart Florida for January jumped to 18.0 months as compared to December’s 9.9 months.  Once again a strong buyers’ 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 January of 2016 were: 160 active listings, 42 pending sales and 10 closed sales.  Very similar closed and pending sales, though there’s greater inventory for this year.

Stuart FL 34996 Residential Market Report January 2017

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

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Stuart FL 34996 Residential Market Report January 2017

Mariner Village February 2017 Market Report

02.15.17 by

Mariner Village February 2017 Market Report

For February 2017, there are 7 homes for sale in the Mariner Village gated community of Stuart FL.  These homes range in asking prices from $269,900 to $338,500 with an average list price of $292,900 which equals $157.99 per sq. ft. of living area.

There are currently 5 homes with pending sales that have not closed to date.  These homes were listed from $264,900 up to $324,900 for an average list price of $297,540 or $153.85 per sq. ft. of living area.  These homes averaged 69 days on market before going under contract.

In the past 12 months, 21 homes have sold in Mariner Village.  Sales prices ranged from a low of $$165,000 up to a high of $350,000 for an average sales price of $283,995 which works out to $145.26 per sq. ft. of living area.  These homes sold for an average of 97% of the last list price and were actively on the market for an average of 73 days.

About Mariner Village

Mariner Village sign

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

entrance to Mariner Village

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

Community Pool in Mariner Village

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

tennis courts in Mariner Village

The HOA fees (as of February 2017) are $570 per quarter and include front lawn maintenance, basic Cable TV, trash pickup and maintenance of all the common areas. 2 large pets are permitted as well as rentals with some restrictions.

lake in Mariner Village

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

Stuart FL 34994 Condo Market Report January 2017

02.14.17 by

Stuart FL 34994 Condo Market Report January 2017

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

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

 

There are currently 91 active condo listings (Up by 5 condos from December).

Stuart FL 34994 Condo Market Report January 2017

40 Condo sales are pending and awaiting close or lender approval. (Increased by 4 condos from last month) 

Stuart FL 34994 Condo Market Report January 2017

18 Condos Sold in January (Up by 5 condos from December).

Stuart FL 34994 Condo Market Report January 2017

The Stuart FL 34994 Condo market had a very strong start for the 2017 year with an increase in both closed and pending sales.

The absorption rate for January dropped to 5.1 months compared to last month’s 6.6.  Moving back into a buyers’ 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 January the numbers were 102 active listings, 28 pending sales, and 15 closed sales.   Considerably better activity for the beginning of 2017 as compared to last January with less inventory.

Stuart FL 34994 Condo Market Report January 2017

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

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

02.13.17 by

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

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

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

There are currently 74 active listings (Increased by 22 homes from December)

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

22 Residential sales are pending and awaiting close or lender approval (Increased by 4 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential January 2017

7 Homes Sold in December (Down by 12 homes from December)

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida began 2017 with a drop inactivity along with a big jump in inventory.

The one month absorption rate for the 34994 zip code for January jumped to 10.6 months from 2.7 months for December.  Into a buyers’ market for the first time in quite some time 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 January 2016 numbers were 59 Active Listings, 14 pending sales and 10 closed sales.  A big jump in inventory along with a drop in closed and pending sales from last January.

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

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Stuart Florida Market Report ZIP Code 34994 Residential January 2017

Inlet Village February 2017 Market Report

02.13.17 by

Inlet Village February 2017 Market Report

There are 6 condos for sale in Inlet Village in February of 2017.  List prices range from $165,000 to $325,000 for an average list price of $257,800 which is $237.66 per sq. ft. of living area.

There is one condo currently under contract.  This condo was listed for $234,900 or $226.08 per sq. ft. of living area.  This condo went under contract 63 days after being listed.

In the past 12 months, 7 condos have sold in Inlet Village.  Sales prices ranged from $151,000 up to $305,000 for an average sales price of $220,643 which equal $219.80 per sq. ft. of living area.  These condos sold for an average of 91% of list price and were on the market for an average of 64 days,

About Inlet Village Condos on Hutchinson Island in Stuart FL:

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

Inlet Village in Indian River Plantation

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

Inlet Village in Indian River Plantation

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

Search for Inlet Village Condos for Sale

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

Sewalls Point Single Family Market Report January 2017

02.12.17 by

Sewalls Point Single Family Market Report January 2017

Sewalls Point Real Estate Snapshot, Residential Sales for January 2017

There are currently 67 active listings (Up by 5 homes since last month)

Sewalls Point Single Family Market Report January 2017

11 home sales are pending and awaiting close or lender approval (Increased by 1 home from December)

Sewalls Point Single Family Market Report January 2017

4 Homes sold in December (Decreased by 7 homes sales from December)

Sewalls Point Single Family Market Report January 2017

The single family real estate market in Sewalls Point retreated dramatically after a strong December.  Inventory rose while closed sales were way off.

The current absorption rate shot up to 16.8 months, in December it was 5.6 months.  Quite the see-saw ride for the Sewalls Point real estate market going back into a buyers’ market.  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 January 2016, the inventory was 57 homes on the market, 15 pending sales and there were 4 closed sales.  Identical number of closed sales while less pending and greater inventory for this year when compared with last January.

Sewalls Point Single Family Market Report January 2017

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Sewalls Point Single Family Market Report January 2017

 

Gull Harbor February 2017 Market Report

02.11.17 by

Gull Harbor February 2017 Market Report

There are currently 3 homes for sale in Gull Harbor.  List prices range from $519,000 to $695,315 for an average of $584,738 or $303.08 per sq. ft. of living area.

Currently, there are no homes under contract in this community.

In the past 12 months, there has been one sale in Gull Harbor.  This home sold for $905,000 which equals $244.59 per sq. ft. of living area.  The sales price was 93% of the last list price and it went under contract in 73 days.

About Gull Harbor Real Estate in Palm City FL

The Gull Harbor community of Palm City consists of mostly waterfront homes on the shores of the South Fork of the Saint Lucie River as well as an exceptionally wide and deep canal off the river.  This is a non-gated neighborhood with 43 homes and no HOA or deed restrictions.  Of these 43 homes, only 4 do not have access to a dock in their backyards.

Gull Harbor real estate in Palm City FL

The first home built in Gull Harbor was in 1961 and the last was completed in 2014.  There is one residential lot left in Gull Harbor that has not been built upon.  Homes range in size from as small as just over 1,300 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to a 5 bedroom, 3 bathroom home with just under 5,000 sq. ft. of space for living area.

Gull Harbor real estate in Palm City FL

Children attend Bessey Creek Elementary, Hidden Oak Middle and Martin County High Schools.  All of which are considered to be excellent schools in Florida.

Gull Harbor real estate in Palm City FL

Gull Harbor lies just east of Mapp Rd (North of Martin Downs Blvd), see the map below.  Very convenient location with easy access to downtown Stuart, FL or Florida’s Turnpike for commuters and with many choices for shopping, entertainment and other amenities close by.

Click on this link to search for available Gull Harbor Homes for Sale

Four Winds on the River Condo February 2017 Market Report

02.10.17 by

Four Winds on the River Condo February 2017 Market Report

There are no condos currently available for sale in Four Winds on the River in Stuart FL.

One condo is under contract.  It was listed for $249,000 or $184.44 per sq. ft. of living area.  This condo was on the market for 10 days before going under contract.

In the past 12 months, 1 condo has sold in Four Winds.  This condo sold for $180,000 which equals $132.45 per sq. ft. of living area.  Th1 condo sold for 90% of the last listed price and was on the market for 161 days before going pending.

Four Winds on the River Condo in Stuart FL

A wonderful small condo community on the shores of the wide Saint Lucie River in Stuart, FL, Four Winds on the River was built in 1981 and has seen some major updates and upgrades in recent years.  Only 39 units with the availability of two guest suites if needed by residents.  All of these condos are 2 BR with the exception of 1 one bedroom unit.  Sizes are very generous from 1,900 to 1,350 sq. ft. of living area.

Four Winds on the River real estate Four Winds on the River real estate

There are ocean access docks suitable for up to a 50′ vessel available for lease.  A large riverfront clubhouse with kitchen and ample common areas for events, get-togethers or large parties.  Two tennis courts and a heated swimming pool.  Four Winds on the River has covered car ports for each condo along with ample guest parking.  This is a gated community and the common areas are shared with the small and exclusive community of Snug Harbor West.

Four Winds on the River real estate Four Winds on the River real estate

The location is exceptional as it is only minutes to the beaches, shopping, medical facilities and downtown Stuart.

Four Winds on the River real estate Four Winds on the River real estate

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Angler Cove Condos February 2017 Market Update

02.09.17 by

Angler Cove Condos February 2017 Market Update

There are currently 5 Angler Cove condos available for sale.  The list rices are from $269,900 up to $389,998 which works out to an average price of $308,580 or $242.36 per sq. ft. of living area.

There are no condos under contract at this time in Angler Cove

In the past 12 months there have been 4 sales.  Sales prices ranged from $193,000 to $285,000 for an average sales price of $233,850 or $186.38 per sq. ft. of living area.  The list to sales prices averaged at 90%.  These condos averaged 29 days on market before going under contract.

(Please consider that some condos in Angler Cove have deeded docks and some don’t.  This can add to the wide disparity of both listing and sales prices)

Angler Cove Condos on Hutchinson Island in Stuart Florida is a unique complex with 12 buildings amd 64 units surrounding a man made cove with deep water dockage for the boating enthusiast.

Units include spacious two bedroom units as well as a number of larger three bedroom townhome style homes.  Two buildings on the west side of the complex offer spectacular wide river views of the Intracoastal Waterway (Indian River).

Angler Cove Condos on Hutchinson Island

Most first floor units offer dockage just steps outside the living area.  Some second floor units have docks available throughout additional spaces in the cove as well as larger docks built out into the Indian River.

Amenities include a full time on-site manager and maintenance man.  A clubhouse with a large community pool, barbecue areas and some limited boat parking and deeded beach access.

Very well located just minutes to downtown Stuart  Shopping, restaurants and all other services just a short distance away.  An excellent place to call home or to have a Florida get-away for those cold winters up north!

Condo association fees vary from $450 to $560 per month.  The fees include Basic Cable Tv, Landscape/Lawn care, On Site Manager, Reserve Fund, Trash, Water and Sewer.

 Angler Cove Condos on Hutchinson Island

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Angler Cove Condos February 2017 Market Update

Harbour Pointe Palm City February 2017 Market Update

02.04.17 by

Harbour Pointe Palm City February 2017 Market Update

There are currently 3 homes for sale in Harbour Pointe.  Listing prices range from $379,000 up to $409,000 for an average list price of $389,300 which equals $182.41 per square foot of living area.

There are two Harbour Pointe homes under contract.  They were last listed for $369,000 and $425,000 for an average list price of $397,000 which is $164.78.  These two homes averaged 73 days on market before going under contract.

7 homes have sold in the past 12 months. Sales prices were from $325,000 to $390,000 .  The average sales price was $357,929 or $163.69 per square foot of living area.  These homes sold for an average of 97% list price and averaged 59 days on the market before going under contract.

Harbour Pointe Palm City FL

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

Harbour Pointe Palm City FL

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

Harbour Pointe Palm City FL

Harbour Pointe Palm City FL

Currently Available Homes and Town Homes in Harbour Pointe

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Palm City Florida Real Estate

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

Harbour Pointe Palm City February 2017 Market Update

 

St Lucie County Townhouses and Condos December 2016 Market Detail

02.02.17 by

St Lucie County Townhouses and Condos December 2016 Market Detail

The St Lucie County Townhouses and Condos Market Detail for December 2016 continued with weaker sales activity as compared to last December.  Closed sales were down by 21.0% from last year (was down 12.8% in November) while new pending sales decreased by 32.6% (was down by 7.8% in November).

Values however bucked the trend and increased for December with the median price up by 9.9% (was up by 0.8% in November) while the average sales price increased by 9.2% (was down by 11% in November).  I’ve been expecting prices to moderate for some time as the inventory continues to increase and sales volume does not keep up.

The inventory of available townhouses and condos decreased by 6 units from last month to 547 units, which is 8.1% greater than December 2015. The current supply of units is 5.7 months, which is 16.3% higher than the 4.9 months of inventory last year.  The St Lucie County townhouses and condos continues to be in a sellers market though it is getting very close to being balanced. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos December 2016 Market Detail

Click here to view or download the full report:
St Lucie County Townhouses and Condos December 2016 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 December 2016 Market Detail

Canoe Creek January 2017 Market Report

02.02.17 by

Canoe Creek January 2017 Market Report

For January 2017 there are 2 homes for sale in Canoe Creek in Palm City.  These two homes are listed for $448,000 and $599,000 for an average list price of $523,500 or $131.74 per sq. ft. of living area.

There are no homes currently under contract in Canoe Creek in Palm City.

In the past 12 months, 5 homes have sold in Canoe Creek.  Sales prices ranged from $217,500 up to $450,000 for an average sales price of $335,326 which equals $129.68 per sq. ft. of living area.  These homes went under contract in an average of 37 days and sold for 98% of the last listed price.

About Canoe Creek Real Estate in Palm City:

Search for Canoe Creek Homes for Sale

Canoe Creek in Palm City is a wonderful family community filled with just a little over 100 captivating homes that have plenty of room for your family to grow. Each home has a spacious yard with beautiful manicured Florida foliage that creates a tranquil backdrop. Lot sizes in Canoe Creek begin at 1/2 acre with a few lots of up to just over an acre.  Home sizes range from over 4,000 sq. ft. of living area with 5 bedrooms, 5 bathrooms and 3 car garages down to more modest 3 bedroom, 2 bathroom homes of under 2,000 sq. ft. of living area.  Homes in Canoe Creek had numerous builders and were completed between the years of 1980 and 1995.

The neighborhood is approximately 25 minutes from gorgeous stretches of beaches in Stuart. Canoe Creek is close to great ‘A’ rated schools, recreation, and the exciting and beautiful Downtown Stuart while still close to I-95 and Florida’s Turnpike for those needing to commute or wishing to travel either north or south.

Low HOA fees of $150 per quarter make this an easily affordable community in a subdivision that offers privacy with room to spare between homes with individual mostly custom designed and built homes at an affordable price.

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Canoe Creek January 2017 Market Report

St Lucie County Single Family Homes December 2016 Market Detail

02.01.17 by

St Lucie County Single Family Homes December 2016 Market Detail

St Lucie County Single Family Homes Market Detail for December 2016 showed improved sales activity with improved results year to year as well as month to month.  Closed sales were up by 8.9% (in November they were up by 0%) and new sales under contract (new pending sales) increased by 4.8% (they were up by 3.3% last month).

Prices also continued their upward march.  The median and average sales prices up by 13.9% and 12.0% respectively from last December (For November these numbers were up 22.5% and 18.5%).  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 63 homes to 1,732 homes.  This inventory is 6.6% higher than last year.  The current supply of homes is at 3.9 months (3.6 months for December of 2015)  This is 8.3% greater than last year.  The St Lucie County single family home market remains in a very strong sellers market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes December 2016 Market Detail

Click here to view or download the full report:
St Lucie County Single Family Homes December 2016 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 December 2016 Market Detail

Martin County Townhouses and Condos December 2016 Market Detail

01.31.17 by

Martin County Townhouses and Condos December 2016 Market Detail

Martin County Townhouses and Condos Market Detail for December 2016 had a sizeable drop in closed sales while future (pending sales) increased.  Closed sales for the month were down by 26.2% (was up by 8.5% in November) while new sales under contract (new pending sales) were up by 11.8% from December 2015 (decreased by 15.8% in November).

Prices were mostly flat or down for December as the median sales price decreased by 4.4% (was up by 1.8% in November) while the average sales price increased by 0.9% (was down by 18.1% in November) as compared to December of 2015.  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 increased by only 1 unit to 427 properties as compared to last month.  This is 14.2% greater than the December 2015 inventory.  Currently, there’s a 4.6 month supply of inventory (a 24.3% increase from last year which was 3.7 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 December 2016 Market Detail

Click here to view or download the full report:
Martin County Townhouses and Condos December 2016 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 December 2016 Market Detail

Murano Homes January 2017 Housing Market Report

01.31.17 by

Murano Homes January 2017 Housing Market Report

Palm City Florida Real Estate

Murano in Palm City Florida
There are currently 5 homes on the MLS in Murano with prices ranging from $299,900 to $379,900. This equals an average list price of  $337,900 or $133.67 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 $329,999 or $131.68 per sq. ft. of living area.  An offer was accepted for this home only 6 days after being listed.
In the past year, 12 homes have sold in Murano with sales prices ranging from $259,000 to $315,000 for an average sales price of $288,563 which equals $128.21 per sq. ft. of living area.  The average days on market before going under contract was 63 and the list to sales price ratio was 95%..
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 $65 per month (as of this writing).

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.

We are very excited to be able to offer some special promotional packages not available directly from the builder.

 Murano Homes in palm City Florida

  Search here for:

Murano Homes for Sale

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

Murano Homes January 2017 Housing Market Report

 

Florida Townhouses and Condos December 2016 Market Detail

01.29.17 by

Florida Townhouses and Condos December 2016 Market Detail

The Florida Townhouses and Condos Market Detail for December 2016 showed weaker activity for the last month of this year when compared to last year and the previous month.   Closed sales were down by 5.2% as compared to last months increase of 4.1% and new sales under contract (new pending sales) decreased by 2.1% (In November there was a 2.3% increase).

Values, however, continued to increase though at a more moderate pace.  Median sales prices were up by 7.7% (was up by 8% in November), while the average sales price increased by 4.2% (was up 4.5% in November).  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 increased by 13.2% from December of last year.  For December 2016 we have 6.0 months of inventory (was  6.1 months in November) and compared to 5.3 for December 2015.  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 December 2016 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 December 2016 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 December 2016 Market Detail