Stuart FL 34996 Condo Market Report October 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for October 2015

For October 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 79 active condo listings (Up by 3 condos last month).

29 Condo sales are pending and awaiting close or lender approval (Decreased by 12 condos from September).

26 Condos Sold in October (Decreased by 3 condos from September)

The Stuart FL 34996 Condo Market is bucking the trend for the off season with increased activity for October. Nice to see even a small increase in inventory as this segment of the Stuart condo market remain red hot.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 plunged to 3.0 months from September’s 2.6 months. Continuing as a very strong sellers market. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for October 2014 were: 152 active listings, 50 pending sales and 15 closed sales. We have a long way to go to get inventory levels close to what they were last year. Though even with the reduced inventory, market activity remains very strong.

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Stuart FL 34996 Condo Market Report October 2015

Stuart FL 34996 Residential Market Report October 2015

11.12.15 by Gabe Sanders

Stuart FL 34996 Residential Market Report October 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for October 2015

For October 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 161 active listings (Up by 25 homes from September).

17 Residential sales are pending and awaiting close or lender approval (Down by 10 homes from September).

12 Homes Sold in October (Unchanged from September).

The 34996 zip code area of the Stuart Florida residential real estate market had a surprising jump in inventory for October. While this should be good news for buyers as there is a better selection of available homes, the corresponding increase in sales activity has not yet materialized.

The one month absorption rate for the 34996 zip code area of Stuart Florida for October continued to slide up to 13.4 months as compared to September’s 11.3 months. A strong buyers 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 October of 2014 were: 156 active listings, 32 pending sales and 11 closed sales. While closed sales were close to last year, the reduced number of pending sales this year is a bit troubling.

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Stuart FL 34996 Residential Market Report October 2015

Stuart FL 34994 Condo Market Report October 2015

11.11.15 by Gabe Sanders

Stuart FL 34994 Condo Market Report October 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for October 2015

For October 2015 in the 34994 Zip Code area of Stuart, Florida :

There are currently 87 active condo listings (Up by 16 condos from September).

28 Condo sales are pending and awaiting close or lender approval. (Decreased by 7 condos from last month)

15 Condos Sold in October (Up by 4 condos from September).

The Stuart FL 34994 Condo market while still active is showing reduced activity as we head into the off season. Though remaining in a good and steady balanced market vicinity.

The one month absorption rate increased to 5.8 months compared to last month’s 6.5. Continuing to hover in the balanced market 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 October the numbers were 94 active listings, 31 pending sales, and 16 closed sales. Slightly stronger activity last year. Though the greater inventory is probably a large factor in this.

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Stuart Florida Market Report ZIP Code 34994 – Condo, October 2015

Stuart Florida Market Report ZIP Code 34994 Residential October 2015

11.10.15 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34994 Residential October 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for October 2015

For October, 2015 in the 34994 Zip Code area of Stuart, Florida :

There are currently 55 active listings (Dercreased by 2 homes from September)

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

8 Homes Sold in September (Down by 4 homes from September)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida slid back a little for October as closed sales decreased. Pending sales remain strong and I expect this segment of the Stuart real estate market to remain healthy for next year.

The one month absorption rate for the 34994 zip code for October decreased to 6.9 months from last months 4.8 months, seesawing back and forth for the past few months, now back into a buyers market. A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The October 2014 numbers were 70 Active Listings, 36 pending sales and 8 closed sales. Slightly better pending sales and an equal number of closed sales from last year, though there was greater inventory as well.

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Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 Residential October 2015

Empress Condos on Hutchinson Island November 2015 Market Update

11.10.15 by Gabe Sanders

Empress Condos on Hutchinson Island November 2015 Market Update

There are 6 condos listed and actively for sale in early November if 2015 in the Empress Condominiums of Hutchinson Island. List prices range from $299,000 to $430,000 for an average of $365,066 or $260.62 per sq. ft. of living area.

There are no Empress Condos currently under contract.

In the past 12 months, 8 condos have sold in the Empress. Sales prices ranged from $225,000 up to $744,456 for an average sales price of $357,182 which equals $227.27 per sq. ft. of living area. These condos sold for 92% of list price on average and when under contract within 51 days (average).

The Empress of Jensen Beach on Hutchinson Island is an upscale 15 story oceanfront condo building with 115 residences that was completed in 1988. Located just a couple of miles north of the Jensen Beach Causeway, the Empress is just a short drive to downtown Jensen as well as various shops and restaurants available on Hutchinson Island.

There are various sizes and configurations of condos in the Empress ranging from a 2 very spacious 4 bedroom, 3 bathroom units of 2,804 sq. ft. of living area, along with 3 bedroom, 2 bath units of 1,505 sq. ft. with the remainder 2 bedroom, 2 bathroom condos of either 1,500 or 1,299 sq. ft. of living area.

There is ample assigned and guest parking plus an additional 40 covered detached garages which can be bought and sold between Empress residents. Other community amenities include pool, Jacuzzi, sun deck, card room, club house with kitchen, ping pong, billiards, exercise room, sauna, tennis courts, golf practice net, car wash area and dune walk to beach.

1 small pet under 20 lbs. is allowed and rentals are also allowed with some restrictions. As of this writing condo fees ranged from $550 to $600 per month depending on the size of the unit. Garage owners have some additional fees.

Looking for a carefree oceanfront lifestyle on Hutchinson Island in Jensen Beach? The Empress Condos might just be the right choice.

Click here for currently available Empress Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – 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

Empress Condos on Hutchinson Island November 2015 Market Update

Sewalls Point Single Family Market Report October 2015

11.09.15 by Gabe Sanders

Sewalls Point Single Family Market Report October 2015

Sewalls Point Real Estate Snapshot, Residential Sales for October 2015

There are currently 62 active listings (Up by 8 homes since last month)

9 home sales are pending and awaiting close or lender approval (Decreased by 6 homes from September)

8 Homes sold in October (Up by 3 sales from September)

The single family real estate market in Sewalls Point has shown some steady improvement in the past three months and if this trend continues we may very well find this market to be in balance fairly soon.

The current absorption rate dropped to 7.8 months, in September it was 10.8 months. Still a buyers market for Sewalls Point but has been improving steadily for the past three months. 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 October of 2014, the inventory was 45 homes on the market, 8 pending sales and there were 2 closed sales. Considerably better activity this year for the Sewalls Point single family home market.

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Sewalls Point Single Family Market Report October 2015

River Marina November 2015 Market Report

11.08.15 by Gabe Sanders

River Marina November 2015 Market Report

For November 2015, there are only 4 homes available for sale in River Marina. All four are townhomes and range in price from $169,900 to $206,240 for an average price of $190,457 or $119.69 per sq. ft. of living area.

There are four homes under contract. List prices ranged from $204,940 to $334,900 for an average of $259,957 which equals $145.30 per sq. ft. of living area. These homes went under contract in an average of 15 days after going on the market.

In the past 12 months, 25 homes have sold in River Marina. Sales prices ranged from $149,900 to $344,000. The average sales price was $195,410 which is $114.64 per sq. ft. of living area. These homes sold on average for 97% of listing price and were under contract in an average of 63 days on market.

River marina is a newer community consisting of 84 single family homes built from 2006 to 2008 ranging in size from 3 BR, 1600 sq. ft. homes to 5 BR homes with 3,380 sq. ft of living area. 14 of these homes are waterfront with Ocean access through the South Fork of the Saint Lucie River. The single family homes in River marina are in a gated enclave.

Also available are newer townhomes in a non-gated area. Currently only about 47 townhomes have been built with plans for a total of approximately 220 units. Both 2 and 3 Bedroom townhomes are available with 1627 sq. ft. of living area and a 1 car garage. There’s a community pool and easy access to recreational areas.

As of early 2015, construction has resumed for River Marina townhomes by Lennar Homes. These new townhomes feature 3 bedrooms, 2 and 1/2 bathrooms and a single car garage with granite counter tops and stainless steel appliances. Priced attractively in the very low $200’s. For a new buyer discount program, please contact Gabe Sanders with the BlueWater realty team for details.

HOA fees for the townhomes are only $87 per month while the single family homes have a $98 a month fee.

Search for homes and townhomes for sale in River Marina

River Marina November 2015 Market Report

Palm Beach County September 2015 Market Report

11.01.15 by Gabe Sanders

Palm Beach County September 2015 Market Report

“Although the number of Palm Beach County home sales increased only 1% for August, we are back to a double-digit gain for September with 13% year-over-year. However, this market indicator may dip slightly for October if a substantial number of closings are delayed due to recent closing procedure changes which affect borrowers. We recommend that borrowers work closely with their lenders and title companies, who are well-prepared for these changes, to prevent potential closing delays. For more information about these changes, a helpful infographic can be downloaded from www.SouthFloridaPropertyMatch.com,” said Matt Halperin, 2015 President of the Realtors® Association of the Palm Beaches (RAPB).

Palm Beach County September 2015 Market Report

St. Lucie County September 2015 Market Report

10.31.15 by Gabe Sanders

St. Lucie County September 2015 Market Report

“Since the beginning of the year, St. Lucie County has consecutively experienced double-digit increases in median sale price of single family homes when compared to the same time period in the previous year, and September reflected an increase of 15.3%. While investors may be shying away from purchasing single family homes, both sellers and end users are still benefiting from the significant boost in our current market indicators. If you are in the market looking to buy or sell your home, I suggest speaking with a local REALTOR® from the REALTORS® of St. Lucie County (RSLC), a division of the Realtors® Association of the Palm Beaches (RAPB), for real insight on the homeownership process. You can find your perfect, local REALTOR® match today at www.SouthFloridaPropertyMatch.com,” said Kathy J. Slusser, Northern Vice President of the Realtors® Association of the Palm Beaches (RAPB).

St. Lucie County September 2015 Market Report

Canopy Creek October 2015 Market Report

10.31.15 by Gabe Sanders

Canopy Creek October 2015 Market Report

There are currently 4 homes for sale in Canopy Creek in Palm City. All are new construction homes from Kolter Homes. List prices range from $649,900 to $877,725 for an average list price of $724,263 or $186.67 per sq. ft. of living area.

One home is under contract. This pending sale was listed for $699,900 or $172.81 per sq. ft. of living area. This home was on the market for 216 days prior to an accepted offer.

In the past 12 months, 7 Canopy Creek homes have sold. Sales prices ranged from $627,900 to $1,009,818 for an average sales price of $797,763 or $208.15 per sq. ft. of living area. These homes averaged 72 days on market prior to going under contract and the sales prices were 99% of the list price.

Canopy Creek Clubhouse

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

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

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

Martin County September 2015 Market Report

10.30.15 by Gabe Sanders

Martin County September 2015 Market Report

“Florida Realtors® reports a remarkable jump in Martin County’s average home price for the month of September to $437,996, up 40% from the previous year. This surge in pricing can be attributed to the incredible increase in the number of properties that sold for over a million dollars; there were 14 to be exact, which is a 366% increase year-over-year. While our overall pace of sales remained typical for this time of year, our median days on market decreased 43%, leaving us with only a 4.5 months’ supply of inventory. Prospective buyers and sellers may ask, will these trends continue? Only time will tell, but snowfall has already been recorded up North, and local REALTORS® agree that nothing could be more beneficial to Martin County real estate sales than another brutal, northern winter. So, if you’re buying or selling, be sure to enlist one of your local real estate professionals,” said John Slivon, Treasurer of the Realtors® Association of the Palm Beaches (RAPB).

Martin County September 2015 Market Report

800 Place October 2015 Market Report

10.30.15 by Gabe Sanders

800 Place October 2015 Market Report

For October 2015, there are 2 actively listed condos in 800 Place. Prices are $125,000 and $59,900, which averages to $92,450 or $98.67 per sq. ft. of living area.

There are no current pending sales in 800 Place.

In the past 12 months, 14 condos have sold. Sales prices ranged from $50,000 to $91,000 for an average sales price of $73,039 which equals an average of $74.56 per sq. ft. of living area. These condos went under contract in an average of 39 days and for 94% of the last list price.

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 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.

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 2015 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.

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

Currently available 800 Place Condos

September 2015 Monthly Market Detail St Lucie County Townhouses and Condos

10.29.15 by Gabe Sanders

September 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The September 2015 Monthly Market Detail St Lucie County Townhouses and Condos continues to gain in some aspects though at a slower pace than the past few months. Closed sales were up 2.1% from last year (was up 6% in August) while new sales under contract (new pending sales) decreased by 23.0% (was down by 13.3% in August).

The median sales price decreased by 5.4% (up 9.7% in August) while the average sales price increased by 9.5% (was up by 19.6% in August). Still rising, though at a slightly slower rate of increase.

The inventory of available townhouses and condos increased by 8 units from last month to 562 properties, which is still down from last September by 11.1%. Current supply of inventory increased slightly to 5.3 months, from August’s 5.2 months. This is 12.3% lower than last year. The St Lucie County townhouse and condo market continues as a sellers’ market, typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers. The shortage of inventory is hurting the sales volume and continues to impart strong upward pressure on prices.

Click here to view or download the full report:
September 2015 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.

September 2015 Monthly Market Detail St Lucie County Townhouses and Condos

September 2015 Monthly Market Detail St Lucie County Single Family Homes

10.28.15 by Gabe Sanders

September 2015 Monthly Market Detail St Lucie County Single Family Homes

September 2015 Monthly Market Detail St Lucie County Single Family Homes had weker sales volume when compared to last year. Closed sales were off by 4.3% (in August they were down by 5.3%) and new sales under contract (new pending sales) decreased by 16.2% (they were down by 12.2% last month).

Both median and average sales prices continue their gains with increases of 15.3% and 15.6% respectively from last September (For August these numbers were 13.5% and 9.7%). These increases in prices can be a bit of a warning sign as prices seem to be rising much faster than some can afford.

The inventory of active listings increased in September (from last month) by 39 homes to 1,598, though this is still lower than last year’s inventory by 14.2%. The current supply of inventory is 3.4 months (a 14.2% decrease from last year). The Saint Lucie County single family home market remains a very strong sellers market. We are seeing a reduction in volume of sales because either there isn’t enough inventory available on the market or prices are becoming to high.

Click here to view or download the full report:
September 2015 Monthly Market Detail St Lucie County Single Family Homes

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.

September 2015 Monthly Market Detail St Lucie County Single Family Homes

Whitemarsh Reserve October 2015 Market Report

10.28.15 by Gabe Sanders

Whitemarsh Reserve October 2015 Market Report

In late October 2015 there were four homes available for sale in Whitemarsh Reserve. List prices range from $245,000 to $250,500 for an average list price of $248,225 or $111.59 per sq. ft. of living area.

There are four townhouses that are under contract. List prices for these pending sales are from $212,000 to $252,900 for an average list price of $240,850 which equals $112.62 per sq. ft. of living area. The average days on market for these four homes was only 26 days,

In the past 12 months, 23 homes have sold in Whitemarsh Preserve. Sales prices ranged from $167,500 to $253,370 for an average sales price of $219,544, which is $108.73 per sq. ft. of living area. These homes averaged 71 days on market prior to going under contract and sold for an average of 96% of list price.

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

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

This is a pet friendly community allowing up to one large dog. Rentals are also allowed with some restrictions. The HOA fee as of October 2015 was just over $140 per month and includes the maintenance of the common areas, basic cable TV, landscaping and lawn service, exterior painting, trash pickup and the manager.

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

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Whitemarsh Reserve October 2015 Market Report

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September 2015 Monthly Market Detail Martin County Townhouses and Condos

10.27.15 by Gabe Sanders

September 2015 Monthly Market Detail Martin County Townhouses and Condos

September 2015 Monthly Market Detail Martin County Townhouses and Condos had a another slow month as compared to last year (as well as previous months). Year to year closed sales were down by 13.6% (was down by 14.4% in August) and new sales under contract (new pending sales) were down by 17.4% from September 2014 (decreased by 17.5% in August).

The median sales price was up by 13.7% (was up by 33.2% in August) while the average sales price increased by 10.2% (was up by 22% in August) as compared to September of 2014. Prices continue to go up as volume decreases, though at a reduced rate from last month.

The inventory of available townhouses and condos has increased by 5 units to 342 properties from last month, this is 33.5% less inventory than was available in September of 2014. For September there was a 3.1 month supply of inventory (a 37.1% decrease from last year). Continuing as a very strong sellers market for townhouses and condos in Martin County. We are heading into the slower season for condo sales and I expect to see a little more weakening here until after the holidays.

Click here to view or download the full report:
September 2015 Monthly Market Detail Martin 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.

September 2015 Monthly Market Detail Martin County Townhouses and Condos

September 2015 Monthly Market Detail Florida Townhouses and Condos

10.25.15 by Gabe Sanders

September 2015 Monthly Market Detail Florida Townhouses and Condos

The September 2015 Monthly Market Detail Florida Townhouses and Condos continues to show improved activity as compared to last year for most criteria, though not as robust as in earlier months. Closed sales were up by 8.4% as compared to last months increase of 4.1% and new sales under contract (new pending sales) decreased by 5.5% (In August there was a 0.4% decrease).

Both median and average sales prices continue to increase, with rises of (year to year) 5.1% and 2.9% respectively (in August they were up by 10.3% and 3.3%). The rate of price increases appear to have slowed a bit for this past month.

The inventory decreased by 4.1% from September of last year. For September 2015 we have 5.2 months of inventory (was 5.3 months in August) also was 5.8 from last September. A continued sellers market for now, as a 6 months inventory supply is considered a balanced market.

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:
September 2015 Monthly Market Detail Florida 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.

September 2015 Monthly Market Detail Florida Townhouses and Condos

September 2015 Monthly Market Detail Florida Single Family Homes

10.24.15 by Gabe Sanders

September 2015 Monthly Market Detail Florida Single Family Homes

The September 2015 Monthly Market Detail Florida Single Family Homes continues to show improved activity from last year though the pace seems to have moderated a bit from recent months. Closed sales were up by 13.4% (was up by 8.6% in August) and new sales under contract (new pending sales) were down by 1.0% (was up by 0.7% in August).

Both median and average sales prices continue to rise ( September 2014 to September 2015) by 11.1% and 8.6% respectively, compared to August’s 11.1% and 3.2%. Prices are continuing their upward trend and this seems to be the continuing trend for the foreseeable future.

The inventory of available homes for sale fell by 6.5% from last year. Some high demand areas of Florida have seen decreasing inventory for a number of months now. For September there was only a 4.4 months supply of inventory, this is a sellers market with the advantage for sellers. (September of 2014 had a 5.4 month supply)

Click here to view or download the full report:

September 2015 Monthly Market Detail Florida Single Family Homes

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.

September 2015 Monthly Market Detail Florida Single Family Homes

Indian River Point October 2015 Market Report

10.23.15 by Gabe Sanders

Indian River Point October 2015 Market Report

For late October 2015, there are two active listings in the Indian River Point (a.k.a. Newport Jensen) community of Jensen Beach on Hutchinson Island. These two homes were listed for $255,000 and $299,900 for an average of $277,450 or $168.36 per sq. ft. of living area.

There aren’t any homes currently under contract.

In the past 12 months, 6 homes have sold. Sales prices ranged from $245,000 to $361,000 or an average sales price of $301,000 which equaled $182.95 per sq. ft. of living area. These homes took an average of 162 days on market to go under contract and sold for an average of 89% of list price.

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.

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 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.

Search for Indian River Point Homes for Sale in Jensen Beach

The Charter Club at Martin Downs October 2015 Market Report

10.22.15 by Gabe Sanders

The Charter Club at Martin Downs October 2015 Market Report

There are currently 2 homes available to purchase in the Charter Club at Martin Downs. The list prices are $219,000 and $239,000 which averages to $229,000 for a price per sq. ft. of living area of $142.37.

There are 4 homes under contract that have not yet sold. List prices range from a low of $185,000 up to $239,500 with an average list price of $223,250 or $133.57 per sq. ft. of living area. These homes went under contract in an average of 34 days.

These past 12 months saw 16 homes sold in the Charter Club. Sales prices ranged from $154,900 up to $245,000 for an average sales price of $204,108 which equals $18.68 per sq. ft. of living area. These homes were under contract in an average of 54 days and sold for an average of 94% of list price.

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.

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.

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

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.

Search here for Charter Club Homes for Sale

772-763-8506

Stuart FL 34996 Condo Market Report October 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for October 2015

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Stuart FL 34996 Condo Market Report October 2015

Stuart FL 34996 Residential Market Report October 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for October 2015

Stuart FL 34996 Residential Market Report October 2015

Stuart FL 34994 Condo Market Report October 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for October 2015

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Stuart Florida Market Report ZIP Code 34994 – Condo, October 2015

Stuart Florida Market Report ZIP Code 34994 Residential October 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for October 2015

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Empress Condos on Hutchinson Island November 2015 Market Update

Empress Condos on Hutchinson Island November 2015 Market Update

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Sewalls Point Single Family Market Report October 2015

River Marina November 2015 Market Report

River Marina November 2015 Market Report

Palm Beach County September 2015 Market Report

Palm Beach County September 2015 Market Report

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St. Lucie County September 2015 Market Report

Canopy Creek October 2015 Market Report

Martin County September 2015 Market Report

Martin County September 2015 Market Report

800 Place October 2015 Market Report

September 2015 Monthly Market Detail St Lucie County Townhouses and Condos

September 2015 Monthly Market Detail St Lucie County Townhouses and Condos

September 2015 Monthly Market Detail St Lucie County Single Family Homes

September 2015 Monthly Market Detail St Lucie County Single Family Homes

Whitemarsh Reserve October 2015 Market Report

Whitemarsh Reserve October 2015 Market Report

September 2015 Monthly Market Detail Martin County Townhouses and Condos

September 2015 Monthly Market Detail Martin County Townhouses and Condos

September 2015 Monthly Market Detail Florida Townhouses and Condos

September 2015 Monthly Market Detail Florida Townhouses and Condos

September 2015 Monthly Market Detail Florida Single Family Homes

September 2015 Monthly Market Detail Florida Single Family Homes

Indian River Point October 2015 Market Report

The Charter Club at Martin Downs October 2015 Market Report

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