800 Place October 2016 Market Report

800 Place October 2016 Market Report

For October 2016, there are no condos in 800 Place available for sale.

There is one condo under contract awaiting completion of the sale.  This condo was listed for $77,000 (a one bedroom) which works out to $103.22 per sq. ft. of living area.  This condo went under contract 44 days after it was listed.

In the past 12 months, 5 condos have sold.  Sales prices ranged from $61,500 to $99,000 for an average sales price of $76,480 which equals $83.40 per sq. ft. of living area.  These condos went under contract in an average of 41 days and for 95% of the last list price.

800 Place in Stuart FL

The village of 800 Place in Stuart FL is conveniently located just North of Stuart’s Roosevelt Bridge on Fork Road.  Easy access to historic downtown Stuart as well as all the convenient areas for shopping and restaurants located off US-1 in North Stuart and Jensen Beach.

800 Place in Stuart FL 800 Place in Stuart FL

800 Place has both 2 Bedroom, 2 Bathroom condos and 1 Bedroom 1 & ½ Bath and 1 Bedroom 1 Bath units.  Interior sizes range from 1,068 sq. ft. down to 723 sq. ft.  All ages are welcome and one pet up to 50 lbs. is permitted.  Each unit has 1 reserved parking space and there are numerous guest spaces for additional vehicles.  Pickup trucks are allowed to be parked overnight in this complex, one of the very few that allow these in Martin County.

800 Place in Stuart FL 800 Place in Stuart FL

Children who live in 800 Place are zoned to attend the Felix Williams Elementary School, Stuart Middle School and the Jensen Beach High School.

Amenities include a clubhouse with a kitchen, meeting facilities, game room and exercise equipment.  A tennis and shuffleboard court and a community pool.  Maintenance fees as of October 2016 run from $300 to $390 per month depending on the size of the condo.  These fees include use of the common area, building insurance, maintenance, cable TV, landscaping, water and sewer, trash pickup and exterior pest control.

800 Place in Stuart FL

For those on a limited budget, the Village of 800 Place may be just the right place.

Currently available 800 Place Condos

Palm City FL 34990 Condo Market Report September 2016

Palm City FL 34990 Condo Market Report September 2016

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for September 2016

For September 2016 in the 34990 Zip Code area of Palm City, Florida :



There are currently 71 active condo listings. (Increased by 10 condos from August)

   Palm City FL 34990 Condo Market Report September 2016

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

Palm City FL 34990 Condo Market Report September 2016

4 Condos Sold in September. (Up by 3 condos from August)

Palm City FL 34990 Condo Market Report September 2016

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. Inventory has been rising for a few months now and closed sales are not increasing enough to offset this increase.  We should have an increase in sales later this year or in the beginning of next year as we enter the condo season.

The current absorption rate for condos in the 34990 zip code area dropped to 17.8 months (was 61 months in September). Remaining a strong buyers’ market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The September 2015 numbers were: 52 active listings, 8 pending sales and 3 closed sales.   There’s significantly more inventory this year and only slightly higher closed and pending activity.
Palm City FL 34990 Condo Market Report September 2016

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Palm City FL 34990 Condo Market Report September 2016

Whitemarsh Reserve October 2016 Market Report

Whitemarsh Reserve October 2016 Market Report

In late October 2016 there are five homes available for sale in Whitemarsh Reserve.  List prices range from $248,900 to $275,000 for an average list price of $256,340 or $117.81 per sq. ft. of living area.

There are three townhouses that are under contract.  List prices for these pending sales are from $243,500 to $249,900 for an average list price of $246,133 which equals $113.74 per sq. ft. of living area.  The average days on market for these homes was 60 days before going under contract.

In the past 12 months, 18 homes have sold in Whitemarsh Preserve.    Sales prices ranged from $203,000 to $264,900 for an average sales price of $233,083 which is $114.43 per sq. ft. of living area.  These homes averaged 56 days on market prior to going under contract and sold for an average of 97% of list price.

Whitemarsh Reserve 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 in Stuart FL Whitemarsh Reserve in Stuart FL

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.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

This is a pet friendly community allowing up to one large dog.  Rentals are also allowed with some restrictions.  The HOA fee as of October 2016 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.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

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.

Whitemarsh Reserve in Stuart FL

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Whitemarsh Reserve in Stuart FL

Whitemarsh Reserve October 2016 Market Report

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Palm City FL 34990 Residential Market Report September 2016

Palm City FL 34990 Residential Market Report September 2016

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for September 2016

For September 2016 in the 34990 Zip Code area of Palm City Florida :

 

There are currently 377 active listings (Decreased by 14 homes from August)

Palm City FL 34990 Residential Market Report September 2016

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

Palm City FL 34990 Residential Market Report September 2016

54 Homes Sold in August (Down by 14 homes from August)

Palm City FL 34990 Residential Market Report September 2016

The Palm City FL, zip code 34990 residential real estate market activity eased again for September.  Closed sales were off while pending sales increased slightly.  The inventory also decreased which is just the opposite of whats been happening this month in the Stuart markets.
The monthly absorption rate increased to to 7 months from 5.8 months in August.  Drifting towards a buyers market for the first time in a few years for the Palm City zip code 34990 area for residential sales.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The September 2015 numbers were:  365 active listings, 155 pending sales and 60 closed sales.  Better activity last year.  Hopefully this is just a monthly phenomenon and we’ll increase our Palm City single family home sales in the coming months.

Palm City FL 34990 Residential Market Report September 2016

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Palm City FL 34990 Residential Market Report September 2016

Indian River Point October 2016 Market Report

Indian River Point October 2016 Market Report

For late October 2016, there is only one home available for sale in the Indian River Point (a.k.a. Newport Jensen) community of Jensen Beach on Hutchinson Island.  This home is listed for $288,975 which is $184.46 per sq. ft. of living area.

There is one home under contract.  It was listed for $267,000 or $121.53 per sq. ft. of living area.  This home was on the market for 38 days before going under contract.

In the past 12 months, 4 homes have sold.  Sales prices ranged from $200,000 to $305,000 or an average sales price of $260,225 which equals $157.62 per sq. ft. of living area.  These homes took an average of 79 days on market to go under contract and sold for an average of 90% of list price.

Indian River Point in Jensen Beach

Situated on the shores of the wide Intracoastal at the east side of the Jensen Beach Causeway is the private community of Indian River Point (also known by its official designation as Newport Jensen). This non-gated community of 67 homes features community docks with a fishing station, tennis court, community pool and outdoor areas for barbecuing.

Indian River Point in Jensen Beach Indian River Point in Jensen Beach

Homes were constructed from 1976 to 2001 (with the majority of them built from 1976 to 1983), though some of the homes have been totally remodeled and appear brand new. Sizes range from 2 Bedroom, 2 Bathroom homes of 1,100 sq. ft. up to 4 Bedroom, 3 Bathroom homes of up to 2,370 sq. ft. of living area. Both one and two story homes are in this waterfront community. Some homes have a 1 car garage while others have assigned parking spaces near or in front of the residences.
As of this writing the home owners’ association fees are $300 a month and these include basic cable TV, landscape and lawn maintenance as well as the insurance and care of the common areas and facilities.

Indian River Point in Jensen Beach Indian River Point in Jensen Beach

Indian River Point is a wonderful and tight knit small community that is within walking distance to the beaches and only a short drive to quaint downtown Jensen Beach. Close to restaurants, shopping and in the ‘A’ rated Martin County School District. A wonderful winter getaway or full time Florida home.

Indian River Point in Jensen Beach

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Stuart FL 34997 Condo Market Report September 2016

Stuart FL 34997 Condo Market Report September 2016

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for September 2016

For September 2016 in the 34997 Zip Code area of Stuart, Florida :

There are currently 72 active condo listings (Up by 7 condos from August).

Stuart FL 34997 Condo Market Report September 2016

19 Condo sales are pending and awaiting close or lender approval (Down by 9 condos from August).

Stuart FL 34997 Condo Market Report September 2016

16 Condos Sold in September (Increased by 4 condos from August).

Stuart FL 34997 Condo Market Report September 2016

     The Stuart FL condo market for zip code 34997 continues to show excellent market activity with increased sales and an improving inventory along with strong future sales (pending sales).
     The absorption rate dropped to 4.5 months in September from 5.4 months for August. Remaining as a seller’ market for the 34997 zip code area of Stuart condos. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The September 2015 numbers were: 52 active listings, 19 pending sales and 8 closed sales.  Considerably stronger closed activity this year along with a much improved inventory.

Stuart FL 34997 Condo Market Report September 2016

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for September 2016

Stuart FL 34997 Residential Market Report September 2016

Stuart FL 34997 Residential Market Report September 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for September 2016

There are currently 309 active listings (Increased by 12 homes from August).

Stuart FL 34997 Residential Market Report September 2016

132 Residential sales are pending and awaiting close or lender approval (Down by 14 homes from August).

Stuart FL 34997 Residential Market Report September 2016

89 Homes Sold in September (Increased by 11 homes from August)

Stuart FL 34997 Residential Market Report September 2016

      The Stuart Florida Residential Market for ZIP Code 34997 is the largest segment of the Stuart FL residential real estate and continues to be among the most active areas with strong sales numbers.  Inventory is rising and both pending sales as well as closed sales activity will also need to increase to keep this market as strong as it has been.
     The absorption rate decreased slightly to 3.5 months (was 3.8 months for August).  Still a strong sellers’ market for the 34997 zip code area of Stuart FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2015 numbers for September, were: 277 active listings, 174 pending listings and 81 closed sales.  Somewhat better closed activity this year but also with a greater inventory and fewer pending sales.
Stuart FL 34997 Residential Market Report September 2016

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Stuart FL 34997 Residential Market Report September 2016

The Charter Club at Martin Downs October 2016 Market Report

The Charter Club at Martin Downs October 2016 Market Report

There are currently no homes available to purchase in the Charter Club at Martin Downs.

There are 3 homes under contract that have not yet sold.  List prices range from a low of $224,900 up to $244,000 with an average list price of $236,267 or $144.72 per sq. ft. of living area.  These homes went under contract in an average of 34 days.

These past 12 months saw 10 homes sold in the Charter Club.  Sales prices ranged from $172,000 up to $235,000 for an average sales price of $210,600 which equals $137.21 per sq. ft. of living area.  These homes were under contract in an average of 45 days and sold for an average of 96% of list price.

The Charter Club at Martin Downs

The Charter Club us a gated community of 203 homes on the south side of Martin Downs Blvd.  Developed in 1988 with the last home completed in 1995.  Very well located in the heart of Palm City and just a short distance to shopping, the Turnpike, numerous golf courses and rivers and only about 15 minutes to the beaches of the Atlantic Ocean or 10 minutes to historic downtown Stuart, FL.

The Charter Club at Martin Downs The Charter Club at Martin Downs

Home sizes range from 3 bedroom, 3 bathroom, 2 story homes with over 2,500 sq. ft. of living area down to 2 bedroom, 2 bathroom homes with just over 1,200 sq. ft.  All of the Charter Club homes have garages and most are two car, though a few of the smaller homes only have one car garages.

The Charter Club at Martin Downs The Charter Club at Martin Downs

There’s a community pool and hot tub for residents as well as to tennis courts.  There’s also a nice large pond (or small lake) which many homes have nice private water views.  The charter club allows up to 1 medium sized pet per home.  There are also vehicle restrictions for trucks and commercial vehicles that don’t fit into garages.

The Charter Club at Martin Downs The Charter Club at Martin Downs

The HOA fee is currently $228 per month and covers the common areas, landscaping and lawn service, basic cable tv, pest control and trash service.

The Charter Club at Martin Downs The Charter Club at Martin Downs

A wonderful and safe community neighborhood that’s close to ‘A’ rated schools.  The Charter Club at Martin Downs is a great place to call home.

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Stuart FL 34996 Condo Market Report September 2016

Stuart FL 34996 Condo Market Report September 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for September 2016

For September 2016 in the 34996 Zip Code area of Stuart, Florida :

There are currently 132 active condo listings (Up by 12 condos last month).

Stuart FL 34996 Condo Market Report September 2016

25 Condo sales are pending and awaiting close or lender approval (Decreased by 8 condos from August).

Stuart FL 34996 Condo Market Report September 2016

21 Condos Sold in September (Up by 5 condos from August) 

Stuart FL 34996 Condo Market Report September 2016

The Stuart FL 34996 Condo Market of Stuart showed some gains from last month and is back into a balanced market.  Inventory is increasing and we will need to see corresponding increases in sales activity for the near future.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 was down to 6.3 months from August’s 7.4 months.  Back in a balanced market for this segment of Stuart FL condos after two months as a sellers market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for September 2015 were: 76 active listings, 41 pending sales and 29 closed sales.  This years market activity is not as strong as it was last year.

Stuart FL 34996 Condo Market Report September 2016

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Stuart FL 34996 Condo Market Report September 2016

Stuart FL 34996 Residential Market Report September 2016

Stuart FL 34996 Residential Market Report September 2016

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for September 2016

 

For September 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 161 active listings (Up by 17 homes from August).

Stuart FL 34996 Residential Market Report September 2016

27 Residential sales are pending and awaiting close or lender approval (Down by 5 homes from August).

Stuart FL 34996 Residential Market Report September 2016

13 Homes Sold in September (Increased by 1 homes from August).

Stuart FL 34996 Residential Market Report September 2016

The 34996 zip code area of the Stuart Florida residential real estate market is showing some weakness for this summer as the inventory has risen and sales have not increased accordingly.

The one month absorption rate for the 34996 zip code area of Stuart Florida for September increased to 12.4 months as compared to August’s 12 months.  The second month in a row as a 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 September of 2015 were: 136 active listings, 27 pending sales and 12 closed sales.  Similar activity as compared to September of last year though with a considerably higher inventory of available Stuart homes for sale.

Stuart FL 34996 Residential Market Report September 2016

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Stuart FL 34996 Residential Market Report September 2016

The Princess of Hutchinson Island October 2016 Market Report

The Princess of Hutchinson Island October 2016 Market Report

As of October 2016, there are 4 active listings in the Princess of Hutchinson Island. List prices range from a low of $224,900 to a high of $344,450 for an average list price of $340,925 and an average cost per sq. ft. of living area of $242.06.

There are 3 condos under contract that have not closed as of this writing.  List prices were from $280,000 up to $319,000 for an average list price of $296,300 or $227.03 per sq. ft. of living area.  These two condos were on the market for an average of 75 days before going under contract.

In the past 12 months, 15 condos have sold in the Princess.  Sales prices ranged from $215,000 up to $470,000 for an average sales price of $314,897 or $215.48 per sq. ft. of living area.  These condos were on the market for an average of 112 days before going under contract and sold for an average of 97% of the last list price.

The Princess of Hutchinson Island in Jensen Beach Florida

Google Earth image

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 of Hutchinson Island The Princess of Hutchinson Island

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 Princess of Hutchinson Island The Princess of Hutchinson Island

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.

The Princess of Hutchinson Island

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Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AdmiralAtlantisClaridgeDune WalkEmpressIsland Club –  Island CrestIsland DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasRegencySand Dollar ShoresSea WindsVilla del Sol

Stuart FL 34994 Condo Market Report September 2016

Stuart FL 34994 Condo Market Report September 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for September 2016

For September 2016 in the 34994 Zip Code area of Stuart, Florida :

There are currently 92 active condo listings (Up by 3 condos from August).

Stuart FL 34994 Condo Market Report September 2016

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

Stuart FL 34994 Condo Market Report September 2016

18 Condos Sold in September (Up by 2 condos from August).

Stuart FL 34994 Condo Market Report September 2016

The Stuart FL 34994 Condo market continues with strong activity as the summer draws to a close.  This is somewhat unexpected for the condo market in the summer.  Hopefully, this is a good indication of continued strong activity as we head into the fall and winter months.

The absorption rate for September decreased to 5.1 months compared to last month’s 5.6. Continuing as a sellers market for the second month in a row for this condo segment of Stuart’s 34994 zip code area.  This is somewhat surprising as condo sales often slow down during the summer months.  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 September the numbers were 71 active listings, 35 pending sales, and 11 closed sales.   Better closed activity this year along with an increase in inventory.

Stuart FL 34994 Condo Market Report September 2016

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Stuart Florida Market Report ZIP Code 34994 – Condo, September 2016

Joes Point October 2016 Market Report

Joes Point October 2016 Market Report

As of October there are three active listings in Joes Point.  List prices range from $850,000 up to $1,350,000 for an average list price of $1,131,667 which works out to $382.82 per sq. ft. of living area..

There are no homes currently 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.

Joes Point on Hutchinson Island

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 on Hutchinson Island

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 late 2016 were under $245 per month and include central water and sewer service.

Joes Point on Hutchinson Island

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

Stuart Florida Market Report ZIP Code 34994 Residential September 2016

Stuart Florida Market Report ZIP Code 34994 Residential September 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for September 2016

For September, 2016 in the 34994 Zip Code area of Stuart, Florida :

There are currently 64 active listings (Unchanged from August)

Stuart Florida Market Report ZIP Code 34994 Residential September 2016

34 Residential sales are pending and awaiting close or lender approval (Increased by 9 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential September 2016

11 Homes Sold in August (Down by 2 homes from August)

Stuart Florida Market Report ZIP Code 34994 Residential September 2016

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had a nice increase with homes under contract (pending sales) which should translate ti an increasing number of closed sales for the coming months.  The inventory stayed unchanged from last month while closed sales were off by 2 homes.

The one month absorption rate for the 34994 zip code for September increased to 5.8 months from 4.9 months for August.  Just about up 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 September 2015 numbers were 57 Active Listings, 28 pending sales and 12 closed sales.   Much the same as happened last year with a decrease in activity from August to September but this year still had better activity than last.

Stuart Florida Market Report ZIP Code 34994 Residential September 2016

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Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 Residential September 2016

Sewalls Point Single Family Market Report September 2016

Sewalls Point Single Family Market Report September 2016

Sewalls Point Real Estate Snapshot, Residential Sales for September 2016

There are currently 69 active listings (Up by 3 homes since last month)

Sewalls Point Single Family Market Report September 2016

10 home sales are pending and awaiting close or lender approval (Decreased by 4 homes from August)

Sewalls Point Single Family Market Report September 2016

7 Homes sold in September (Increased by 1 home sales from August)

Sewalls Point Single Family Market Report September 2016

The single family real estate market in Sewalls Point for September continues to improve from previous months as well as last year.  Though, we also are seeing a market increase in inventory as prices continue to rise for the desirable Sewalls Point community.

The current absorption rate dropped to 9.9 months, in August it was 11 months.  Still a sellers market, but a large improvement from earlier summer numbers.  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 September of 2015, the inventory was 54 homes on the market, 15 pending sales and there were 5 closed sales.  Better closed sales for this year, but we also have a greater number of available homes for sale.

Sewalls Point Single Family Market Report September 2016

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Sewalls Point Single Family Market Report September 2016

 

The Falls of Jensen Beach October 2016 Market Report

The Falls of Jensen Beach October 2016 Market Report

For October 2016 there are 7 homes available for sale in the Falls of Jensen Beach.  Listing prices range from $459,000 up to $725,000 for an average asking price of $550,243 or $176.07 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 $475,000 or $137.05 per sq. ft. of living area.  This home was on the market for 173 days prior to going under contract.

In the past 12 months, 14 homes have sold in the Falls of Jensen Beach.  Sales prices ranged from $440,000 up to $535,000 for an average sales price of $487,286 which is equal to $150.08 per sq. ft. of living area.  These homes averaged 116 days on market before going under contract and sold on average for 98% of listed price.

The Falls of Jensen Beach real estate

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 of Jensen Beach real estate

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.

The Falls of Jensen Beach real estate The Falls of Jensen Beach real estate

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.

 The Falls of Jensen Beach real estate

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.

The Falls of Jensen Beach real estate

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 Falls of Jensen Beach real estate

The HOA fee (as of September 2016) is $218 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.

Atlantis Condos on Hutchinson Island October 2016 Market Report

Atlantis Condos on Hutchinson Island October 2016 Market Report

There are currently 7 condos on the market in the three Atlantis condo buildings..  List prices range from $189,000 to $344,900 for an average list price of $257,800 which equates to $223.56 per sq. ft. of living area.

There are 2 Atlantis condos that are under contract that haven’t sold to date.  List prices are $229,900 and $299,000 for an average of $264,450 or a per sq. ft. price of $240.31.  These two condos went under contract in an average of 107 days.

In the past 12 months, 10 condos have sold in Atlantis.  Sales prices ranged from $125,000 to $265,000 with an average sales price of $207,440 or $188.75 per sq. ft. of living area.  These condos sold in an average of 109 days and at an average of 96% of list price.Atlantis Condos on Hutchinson Island in Jensen Beach

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.

Atlantis Condos on Hutchinson Island in Jensen Beach

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.

Atlantis Condos on Hutchinson Island in Jensen BeachAtlantis Condos on Hutchinson Island in Jensen Beach

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.

Atlantis Condos on Hutchinson Island in Jensen BeachAtlantis Condos on Hutchinson Island in Jensen Beach

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

Pierpoint Yacht Club October 2016 Market Report

Pierpoint Yacht Club October 2016 Market Report

There are 2 active listings in Pierpoint for early October 2016.  List prices are $119,000 and $134,900 for an average list price of $126,950 which equates to a per sq. ft. price of $105.98.

There are no condos currently under contract.

In the past 12 months, 19 condos have sold in Pierpoint.  Sale prices ranged from $84,000 to $229,900 for an average sales price of $122,284 which equals $97.37 per sq. ft. of living space.  These condos were under contract in an average of 88 days and sold at an average of 96% of the list price.

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.

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

Pierpoint Yacht Club October 2016 Market Report

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Canopy Creek October 2016 Market Report

Canopy Creek October 2016 Market Report

There are currently 3 homes for sale in Canopy Creek in Palm City.  All are new construction homes from Kolter Homes.  List prices range from $639,900 to $674,900 for an average list price of $653,233 or $209.51 per sq. ft. of living area.

There are no homes currently under contract in Canopy Creek.

In the past 12 months, 7 Canopy Creek homes have sold.  Sales prices ranged from $649,900 to $921,580 for an average sales price of $762,072 or $204.84 per sq. ft. of living area.  These homes averaged 86 days on market prior to going under contract and the sales prices were 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.

Canopy Creek in Palm City FL

Canopy Creek in Palm City FL

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.

August 2016 Monthly Market Detail St Lucie County Townhouses and Condos

August 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The August 2016 Monthly Market Detail St Lucie County Townhouses and Condos picked up a little from last month and remains active.  Closed sales were down 3.8% from last year (was down 22.6% in July) while new pending sales decreased by 2.9% (was down by 2.6% in July).

Prices on the other hand went back to increasing after last month with the median price up by 23.0% (was down by 18.8 in July) while the average sales price increased by 10.8% (decreased 1.7% in July).  These increases were unexpected as I don’t expect prices to rise quite this fast year to year in the future.  Though, I also don’t expect them to decline anytime soon either.

The inventory of available townhouses and condos increased by 17 units from last month to 526 units, which is only 1.7% less than August 2015. The current supply of inventory is 5.3 months, which is just a little more than the 5.2 months of inventory last year.  The St Lucie County townhouses and condos continues to be in a sellers market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

August 2016 Monthly Market Detail St Lucie County Townhouses and Condos

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

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.

August 2016 Monthly Market Detail St Lucie County Townhouses and Condos