Hobe Sound FL 33455 Residential Market Report April 2016

05.22.16 by

Hobe Sound FL 33455 Residential Market Report April 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for April 2016

  For April 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 217 active listings. (Up by 9 homes from March)

Hobe Sound FL 33455 Residential Market Report April 2016

99 Residential sales are pending and awaiting close  (Down by 17 homes from March)

Hobe Sound FL 33455 Residential Market Report April 2016

54 Homes Sold in April (Down by 2 homes from last month)

Hobe Sound FL 33455 Residential Market Report April 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County while still an active market is showing some signs of weakness with less close sales and pending sales and an increasing inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.0 months (3.8 months in March).  The second month in a row of being in a sellers market after two months of being in a balance one.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for April 2015 were:  178 active listings, 133 pending sales and 63 closed sales. Better activity last year even though there was less inventory.  One of the few areas of Martin County with greater inventory than from 2015.

Hobe Sound FL 33455 Residential Market Report April 2016

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Hobe Sound FL 33455 Residential Market Report April 2016

Jensen Beach FL 34957 Condo Market Report April 2016

05.21.16 by

Jensen Beach FL 34957 Condo Market Report April 2016

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for April 2016

 

For April 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 32 active listings. (Increased by 7 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2016

8 Condo sales are pending and awaiting settlement. (Decreased by 5 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2016

12 Condos Sold (Increased by 3 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2016

 The Jensen Beach FL 34957 Condo Market Report April 2016 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  The Jensen Beach condo inventory is the real issue with not enough to choose from for those buyers looking in the area, though for April we had a nice little increase which will hopefully continue.  Unfortunately pending sales were off for the month.

The one month absorption rate for the April 2016, Jensen Beach Florida Market Report ZIP Code 34957 was 2.7 months (from 2.8  months in March), continuing as a very extreme sellers market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The April 2015 numbers were: 28 active listings, 16 pending sales and 11 condos closed.  Similar to last years numbers.

Jensen Beach FL 34957 Condo Market Report April 2016

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Jensen Beach FL 34957 Condo Market Report April 2016

Harborage Yacht Club May 2016 Market Report

05.21.16 by

Harborage Yacht Club May 2016 Market Report

For May 2016 there are 19 active listings in the Harborage Yacht Club with list prices ranging from $139,900 up to $310,000 for an average list price of $204,391 which comes out to $172.65 per sq. ft. of living area.  As of May 17, 2016 the average days on market for these condos is 276.

There is only one condo under contract.  The list price was $150,000 or $128.31 per sq. ft. of living area with this condo going under contract 28 days after being listed.

In the past 12 months, 7 condos have sold.  Sales prices were from $127,000 up to $230,000 for an average sales price of $163,714 which equals $136.18 per sq. ft. of living area.  These condos sold on average at 90% of list price and took an average of 389 days before going under contract.

About the Harborage Yacht Club Condos in Stuart Florida

Harborage Yacht Club in Stuart Florida
Harborage Yacht Club in Stuart Florida

Located just north of the charming historical heart of Martin County, Stuart’s downtown and just across the Roosevelt Bridge is one of Stuart’s newest waterfront communities, the Harborage Yacht Club and Marina. Located on the shores of the wide Saint Lucie River and only minutes to access the Atlantic Ocean via the Saint Lucie Inlet and then either great fishing or travel to points beyond.

The Harborage Yacht Club and Marina consists of a newer condo development with 2 and 3 bedroom luxury residences called cottages, almost all with sweeping water views. Developed by well renowned Altman Development Corporation and constructed from 2004 to 2006.  Completely sold out at it’s unveiling, many units are currently available at deeply discounted prices.

Harborage Yacht Club in Stuart FloridaHarborage Yacht Club in Stuart FloridaThe marina consists of 150 deep water docks available for rent for both owners and visitors to the beautiful Treasure Coast. Amenities include a state of the art 3 story yacht club, with the exclusive Harbor Grille restaurant, a completely equipped professional fitness center with sauna and spa, infinity edge pool and spa, and much, much more.

Yacht club membership is included for all residents and limited memberships are available for non-residents at this time. Recent changes to the HOA fees have had a negative effect on sales in Harborage with the current fees exceeding $1,000 a month.  This includes a great many amenities and for the price of newer waterfront units it may just be worth it for the right buyer.

Search for available Condos in the Harborage Yacht Club

Jensen Beach FL 34957 Residential Market Report April 2016

05.20.16 by

Jensen Beach FL 34957 Residential Market Report April 2016

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for April 2016

 For April 2016 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 113 active listings. (Down by 11 homes from last month)

Jensen Beach FL 34957 Residential Market Report April 2016

72 Residential sales are pending and awaiting close or lender approval. (Up by 6 homes from March)

2 pending

37 Homes Sold (Increased by 8 homes from March)

3 sold

The Jensen Beach FL 34957 Residential Market had a very strong April with increase in both pending and closed sales.  Unfortunately, the active inventory continues to decline with fewer choices for those buyers in the market for a Jensen Beach home.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.1 months (was 4.3 months in March).  An extreme sellers market for Jensen Beach.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The April 2015 numbers were: 145 active listings, 88 pending sales and 48 home sales closed.   Better activity last year, but also with considerably higher inventory.
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Jensen Beach FL 34957 Residential Market Report April 2016

Sunset Cove Condos May 2016 Market Report

05.20.16 by

Sunset Cove Condos May 2016 Market Report

For May 2016, there are two condos listed in the Sunset Cove condos of North Stuart on the Saint Lucie River.  These two condos are listed at $234,900 and $269,900 for an average list price of $252,400 which equals $154.66 per sq. ft. of living area.  These two condos have been on the market for an average of 26 days as of May 17.

There is one condo currently under contract that was listed for $249,900 or $159.17 per sq. ft. of living area.  This condo was on the market for 162 days prior to accepting the current offer.

In the past 12 months, 2 Sunset Cove condos have sold.  Sales prices were $209,344 and $315,000 for an average sales price of $262,172 which is $166.99 per sq. ft. of living area.  These sales averaged 98% of the average list price and went under contract in an average of 103 days after being listed.

About the Sunset Cove Condos

Sunset Cove Condos in Stuart FL

Sunset Cove is a beautiful condo complex north of the Roosevelt Bridge in Stuart FL and just south of the North River Shores area of Stuart.  This four story elevator equipped condo building lies on the east side of the north fork of the Saint Lucie River with magnificent wide water views from all 32 condos.

Sunset Cove Condos in Stuart FL

This building was built in 1981 and has deep water dockage with easy ocean access as well as a pool, Jacuzzi and club house.  Residents enjoy reserved covered parking spaces as well as ample guest parking.  Great location with just a short hop across the bridge to enjoy all the amenities of historic downtown Stuart.  Also, easy access to shopping, restaurants and the Treasure Coast Mall.

Sunset Cove Condos in Stuart FL

These are spacious 2 bedroom condos with either 1,570 sq. ft. or 1,690 sq. ft. of living space along with wide open balconies to enjoy (as the name implies) scenic sunsets over the wide river.

Sunset Cove Condos in Stuart FL

Sunset Cove has no age restrictions and also welcomes up to 1 small pet.  Rentals are also permitted with some restrictions.  The current condo association fees are $520 per month (April 2016) and include building maintenance and insurance as well as common areas, exterior pest control, trash pickup, etc.  Those utilizing the docks have an additional charge of $1.75 per linear foot of their boats.

Click here to see if any Sunset Cove condos are available for sale

Sunset Cove Condos May 2016 Market Report

Palm City FL 34990 Condo Market Report April 2016

05.19.16 by

Palm City FL 34990 Condo Market Report April 2016

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

 

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



There are currently 65 active condo listings. (No change in active condos from March)

   Palm City FL 34990 Condo Market Report April 2016

12 Condo sales are pending and awaiting close or lender approval. (Down by 3 condos from last month)

Palm City FL 34990 Condo Market Report April 2016

8 Condos Sold in April. (Up by 4 condos from March)

Palm City FL 34990 Condo Market Report April 2016

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For April of 2015 sales increased nicely while pending sales were off while the inventory remained unchanged, though higher thanlast year.

The current absorption rate for condos in the 34990 zip code area dipped to 8.1 months (was 16.25 months in April).   Still a buyers market for Palm City condos, though these numbers should be taken with a grain of salt because of the low number of available properties.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The April 2015 numbers were: 55 active listings, 11 pending sales and 7 closed sales.   Very similar activity to last year, though interestingly the inventory of available condos has now exceeded last years amount.
Palm City FL 34990 Condo Market Report April 2016

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Palm City FL 34990 Condo Market Report April 2016

Palm City FL 34990 Residential Market Report April 2016

05.18.16 by

Palm City FL 34990 Residential Market Report April 2016

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

 

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

 

There are currently 375 active listings (Decreased by 24 homes from March)

Palm City FL 34990 Residential Market Report April 2016

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

Palm City FL 34990 Residential Market Report April 2016

84 Homes Sold in March (Increased by 4 sold homes from March)

Palm City FL 34990 Residential Market Report April 2016

The Palm City FL, zip code 34990, residential real estate market continues to be an active market with properly priced homes moving very quickly.  This activity will most likely continue through the summer season.
The monthly absorption rate decreased to to 4.7 months from 5 months in March.  Continuing as a sellers market 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 April 2015 numbers were:  381 active listings, 217 pending sales and 73 closed sales.  Better closed volume for this year but pending sales were better last year.

Palm City FL 34990 Residential Market Report April 2016

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Palm City FL 34990 Residential Market Report April 2016

Stuart FL 34997 Condo Market Report April 2016

05.17.16 by

Stuart FL 34997 Condo Market Report April 2016

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

 

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

There are currently 71 active condo listings (Down by 4 condos from March).

Stuart FL 34997 Condo Market Report April 2016

39 Condo sales are pending and awaiting close or lender approval Up by 1 condos from March).

Stuart FL 34997 Condo Market Report April 2016

16 Condos Sold in April (Decreased by 5 condos from March).

Stuart FL 34997 Condo Market Report April 2016

     The Stuart FL condo market for zip code 34997 for April had fewer sales than the previous month while also continuing a reduction in inventory, while pending sales remained moderate.
     The one month absorption rate jumped to 4.4 months from 3.6 months for March.  Still a sellers market though drifting towards more of a balanced market. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The April 2015 numbers were: 43 active listings, 30 pending sales and 18 closed sales.  One of the few segments of the Martin County real estate market with a higher inventory this year as compared to last.  Consequently we should have better sales volume, but alas, it was stronger last year.

Stuart FL 34997 Condo Market Report April 2016

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

 

 

Stuart FL 34997 Residential Market Report April 2016

05.16.16 by

Stuart FL 34997 Residential Market Report April 2016

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

 

There are currently 309 active listings (Increased by 1 homes from March).

Stuart FL 34997 Residential Market Report April 2016

219 Residential sales are pending and awaiting close or lender approval (Increased by 44 homes from March).

Stuart FL 34997 Residential Market Report April 2016

99 Homes Sold in April (Increased by 21 homes from March)

Stuart FL 34997 Residential Market Report April 2016

      The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the most active segment of the Martin County single family real estate market.  Closed and pending sales had a second month of large improvements from last month as this segment of the Stuart residential real estate market remains very active and at a big advantage for sellers.
     The current one month absorption rate plunged to 3.1 months (was 3.9 months for March).  Even a stronger sellers market for the 34997 segment of the Stuart residential market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2015 numbers for April, were: 315 active listings, 223 pending listings and 98 closed sales.  Very similar activity to last year.
Stuart FL 34997 Residential Market Report April 2016

Search here for 34997 Zip Code of Stuart FL real estate for sale

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Stuart FL 34997 Residential Market Report April 2016

 

Stuart FL 34996 Condo Market Report April 2016

05.15.16 by

Stuart FL 34996 Condo Market Report April 2016

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

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

There are currently 126 active condo listings (Up by 12 condos last month).

Stuart FL 34996 Condo Market Report April 2016

48 Condo sales are pending and awaiting close or lender approval (Decreased by 5 condos from March).

Stuart FL 34996 Condo Market Report April 2016

37 Condos Sold in April (Increased by 6 condos from March) 

Stuart FL 34996 Condo Market Report April 2016

The Stuart FL 34996 Condo Market of Stuart showed strong sales volume and a welcome increase in inventory for this April 2016 market report.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 plunged to only 3.4 months from March’s 3.9 months.  Even a stronger sellers market for April when compared to earlier months.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for April 2015 were: 110 active listings, 55 pending sales and 23 closed sales.  Impressively, better closed sales for this year.  And, also one of the few segments of our market with greater inventory than was available last year.

Stuart FL 34996 Condo Market Report April 2016

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Stuart FL 34996 Condo Market Report April 2016

Stuart FL 34996 Residential Market Report April 2016

05.14.16 by

Stuart FL 34996 Residential Market Report April 2016

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

 

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

 

There are currently 151 active listings (Down by 12 homes from March).

Stuart FL 34996 Residential Market Report April 2016

55 Residential sales are pending and awaiting close or lender approval (Up by 4 homes from March).

Stuart FL 34996 Residential Market Report April 2016

25 Homes Sold in April (Increased by 2 homes from March).

Stuart FL 34996 Residential Market Report April 2016

The 34996 zip code area of the Stuart Florida residential real estate market showed some gains in all tracked criteria for April.  Though, the inventory continues to decline.

The one month absorption rate for the 34996 zip code area of Stuart Florida for April decreased to 6 months as compared to March’s 7.1 months.  A balanced market for this section of Martin County.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for April of 2015 were: 173 active listings, 29 pending sales and 18 closed sales.  Considerably better volume this year than for April of last year even with a reduced inventory.  Quite impressive.

Stuart FL 34996 Residential Market Report April 2016

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Stuart FL 34996 Residential Market Report April 2016

Oakbrooke Estates May 2016 Market Report

05.14.16 by

Oakbrooke Estates May 2016 Market Report

As of may 2016, there are 3 homes for sale in the Oakbrooke Estates community of Palm City in Martin County Florida.  The list prices for these homes range from $479,900 to $529,900 for an average list price of $492,400 which also equals $140.56 per sq. ft. of living area.

There are 4 homes under contract which haven’t sold to date.  List prices for these 4 homes range from $439,000 up to $489,000 for an average of $466,675 or $144.43 per sq. ft. of living area.  These homes only averaged 14 days on the market prior to going under contract.

In the past 12 months, 6 Oakbrooke Estates homes have sold.  Sales prices were from $400,000 up to $490,000 and averaged $431,000 which equals $137.80 per sq. ft. of living area.  These 6 homes sold for 97% of the last list price and went under contract in an average of 52 days after being listed.

About Oakbrooke Estates:

Oakbrooke Estates real estate in Palm City FL

Also known as Oakbrooke Estates Gardens.  Located on the north side of Martin Hwy (State Road 714) and just down the street from the Publix supermarket and close to other shopping areas as well as schools and Florida’s Turnpike.  This community was built between 2003 and 2005 and consists of 70 single family homes of various sizes ranging from 4 bedroom, 3 bathroom homes of 2,263 sq. ft. of living area up to 5 bedroom, 4 bathroom homes of 3,690 sq. ft. and all these homes come with with 3 car garages.

Oakbrooke Estates real estate in Palm City FL

Many of the homes in Oakbrooke Estates have their own private pool as well as some homes with serene lake views on cul-de-sacs.  There is a community pool and clubhouse as well in this subdivision and a gated entrance for privacy and security.  The low HOA fees of $180 cover the common areas, security gate, trash pickup and basic cable TV.

Oakbrooke Estates real estate in Palm City FL

Children who live in Oakbrooke Estates currently attend the Palm City Elementary, Hidden Oaks Middle and Martin County High Schools.

Oakbrooke Estates real estate in Palm City FL

A wonderful family friendly community of newer palm City Homes.

Check here to see if any Oakbrooke estates homes are available for sale

 

Stuart FL 34994 Condo Market Report April 2016

05.13.16 by

Stuart FL 34994 Condo Market Report April 2016

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

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

 

There are currently 97 active condo listings (Up by 1 condos from March).

Stuart FL 34994 Condo Market Report April 2016

35 Condo sales are pending and awaiting close or lender approval. (Decreased by 3 condos from last month) 

Stuart FL 34994 Condo Market Report April 2016

19 Condos Sold in April (Up by 4 condos from March).

Stuart FL 34994 Condo Market Report April 2016

The Stuart FL 34994 Condo market showed some small gains in volume for April and continues to show strong real estate market activity.

The one month absorption rate increased to 5.1 months compared to last month’s 6.4.   Back, once again, into a sellers market for condos in 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 April the numbers were 93 active listings, 40 pending sales, and 19 closed sales.   Similar volumes when compared to last year’s April numbers, though pending sales were better last year.

Stuart FL 34994 Condo Market Report April 2016

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

Stuart Florida Market Report ZIP Code 34994 Residential April 2016

05.12.16 by

Stuart Florida Market Report ZIP Code 34994 Residential April 2016

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

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

There are currently 65 active listings (Up by 2 homes from March)

Stuart Florida Market Report ZIP Code 34994 Residential April 2016

49 Residential sales are pending and awaiting close or lender approval (Increased by 15 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential April 2016

10 Homes Sold in March (Down by 5 homes from March)

Stuart Florida Market Report ZIP Code 34994 Residential April 2016

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had a slow month of April for closed sales while at the same time showing some pretty good increase in pending sales.  This should signal an increase in closed sales for the coming months.

The one month absorption rate for the 34994 zip code for April jumped to 6.5 months from 4.1 months for March.  Back to a balance market for the 34994 zip code area of Stuart, FL (even though I suspect this is only temporary).  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The April 2014 numbers were 68 Active Listings, 33 pending sales and 21 closed sales.   Better closed sales numbers for last year but higher pending sales for this year.

Stuart Florida Market Report ZIP Code 34994 Residential April 2016

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Stuart Florida Market Report ZIP Code 34994 Residential April 2016

Sewalls Point Single Family Market Report April 2016

05.11.16 by

Sewalls Point Single Family Market Report April 2016

Sewalls Point Real Estate Snapshot, Residential Sales for April 2016

There are currently 68 active listings (Down by 2 homes since last month)

Sewalls Point Single Family Market Report April 2016

19 home sales are pending and awaiting close or lender approval (Increased by 5 homes from March)

Sewalls Point Single Family Market Report April 2016

3 Homes sold in April (Decreased by 3 home sales from March)

Sewalls Point Single Family Market Report April 2016

The single family real estate market in Sewalls Point showed a nice increase in pending sales for April, but unfortunately closed sales were once again less than expected.  There does seem to be very good showing activity, so I’m expecting sales to pick up as we head into the summer season.

The current absorption rate exploded to 22.7 months, in March it was 11.7 months. A very strong buyers market for Sewalls Point, and those who have dreamed of moving to Sewalls Point should consider taking advantage of this market while they can.  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 April of 2014, the inventory was 79 homes on the market, 11 pending sales and there were 6 closed sales.  The pending inventory is looking much better for this year.

Sewalls Point Single Family Market Report April 2016

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Sewalls Point Single Family Market Report April 2016

 

May 2016 Market Report for Ocean House in Indian River Plantation

05.10.16 by

May 2016 Market Report for Ocean House in Indian River Plantation

May 2016 Market Report for Ocean House Condos in Indian River Plantation, Hutchinson Island in Stuart, FL

Currently, there are 2 active listing on the market in Ocean House, both of which are listed for $629,000 which equates to $469.40 per square ft. of living area.

There are 3 condos under contract awaiting settlement.  List prices range from $459,000 up to $745,000 for an average list price of $562,667 and this equals $407.06 per sq. ft. of living area.  These 3 condos averaged 296 days on market before going under contract.

In the past 12 months, there have 2 sales in Ocean House.  The sales prices were $350,000 and $625,000 for an average sales price of  $487,500 or $363.81 per square foot of living area.  These two condos sold for an average of 93% of the last list price and went under contract in an average of 93 days after being listed.

Ocean House in Indian River Plantation

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 in Indian River Plantation

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

Ocean House in Indian River Plantation

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.

Ocean House in Indian River Plantation

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:

Ocean House in Indian River Plantation

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.

Ocean House in Indian River Plantation

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.

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 2016 Market Report for Ocean House in Indian River Plantation

Hutchinson Island Condos For Sale

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The Arbors in Hobe Sound May 2016 Market Report

05.06.16 by

The Arbors in Hobe Sound May 2016 Market Report

There are 4 available homes for sale in The Arbors as of May 2016.  List prices are $439,900 to $597,500 for an average of $519,100 which equals $199.88 per sq. ft. of living area.  These homes have been on the market for an average of 34 days.

There are three homes under contract which have not completed the sales process.  The list prices ranged from $479,000 to $575,000 for an average list price of $527,000 or $196.58 per sq. ft. of living area..  These homes averaged 162 days on market prior to going under contract.

In the past 12 months, 8 homes have sold in the Arbors.  Sales prices ranged from $315,000 to $578,500 for an average sales price of $407,063 which equals $176.87 per sq. ft. of living area.  These sales averaged at 96% of the listed price and were on the market for an average of 131 days prior to entering into an agreement for sale.

The Arbors in Hobe Sound FL

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.

The Arbors in Hobe Sound FL  The Arbors in Hobe Sound FL

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 in Hobe Sound FL The Arbors in Hobe Sound FL

The Arbors is a wonderful place to call home.

Search for all Arbors Homes in Hobe Sound Real Estate

Hidden River in Palm City FL – May 2016 Market Report

05.04.16 by

Hidden River in Palm City FL – May 2016 Market Report

Only one currently active listing in Hidden River in Palm City in late May.  This home is listed for $799,000 which equates to $319.60 per sq. ft. of living area.

There are no homes under contract at this time in the Hidden River community

In the past 12 months 1 homes has sold in Hidden River.  The sales price was $375,000 or $131.39 per sq. ft. of living area.  This sale was at 90% of the list price and went under contract after 118 days of being on the market.

About Hidden River in Palm City FL

Hidden River real estate in Palm City FL

This is a waterfront community in Palm City FL located on either Bessey Creek or Hidden River with ocean access through the North Fork of the Saint Lucie River.  Most homes in this community have excellent water depth and homes can handle some fairly good sized boats.

Hidden River real estate in Palm City FL

This is a non-deed restricted community with no HOA fees.  The earliest homes were built beginning in 1970 and the last one was completed in 2015.   Homes range from modest 2 bedroom, 2 bathroom cottages with just under 1,400 sq. ft. of living area on about a quarter of an acre up to 4 bedroom, 3 bathroom homes with close to 4,000 square ft of living area on one half acre lots.

Hidden River real estate in Palm City FL

Very private location, yet only minutes to Florida’s Turnpike as well as numerous shopping and restaurant choices in Palm City.

Hidden River real estate in Palm City FL

Children attend Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Search here for any Hidden River homes for sale

 

 

Coral Lakes – May 2016 Market Report

05.03.16 by

Coral Lakes – May 2016 Market Report

For may 2016 there is only one home available for sale in Coral Lakes in Stuart FL.  This home is listed for $484,000 which is equal to $170.06 and as of May 1 has been on the market for 106 days.

There are no homes currently under contract in Coral Lakes.

In the past year, 7 homes have sold in Coral Lakes.  Sales prices ranged from $255,000 up to $530,000 for an average sales price of $334,500 or $138.11 per sq. ft. of living area.  These homes went under contract in an average of 88 days after being listed and sold for an average of 95% of the last list price.

About Coral Lakes:

Coral Lakes real estate in Stuart FL

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.

Coral Lakes real estate in Stuart FL

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.

Coral Lakes real estate in Stuart FL

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.  Many homes have private pools in these spacious single family home sites as well as other much desired amenities.

Coral Lakes real estate in Stuart FL

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.

Coral Lakes real estate in Stuart FL

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.

 

March 2016 Monthly Market Detail St Lucie County Townhouses and Condos

04.30.16 by

March 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The March 2016 Monthly Market Detail St Lucie County Townhouses and Condos shows reduced activity from March of last year.  Closed sales were down 23.1% from last year (was down 22.3% in February) while new sales under contract (new pending sales) decreased by 7.5% (was down by 24.1% in February).

The median sales price increased by 9.2% (was down by 10.4% in February) while the average sales price was down by 2.8% (decreased 7.2% in February).  This is the first month in 2016 with some increase in prices for this segment of the St Lucie County real estate market.

The inventory of available townhouses and condos decreased by 12 units from last month to 655 units, which is 3.1% greater than March 2015. The current supply of inventory remained unchanged from last month at  6.6 months, which is 6.5% greater than last year.  The St Lucie County townhouses and condos market remains in basically a balanced market and leaning towards going into a buyers market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

March 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
March 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.

March 2016 Monthly Market Detail St Lucie County Townhouses and Condos