Lakeside Condos Indian River Plantation August 2015 Market Report

08.28.15 by

Lakeside Condos Indian River Plantation August 2015 Market Report

Lakeside Condos in Indian River Plantation

For August 2015, there is only one active listing in Lakeside.  This condo is listed at $250,000 which equals $227.27 per sq. ft. of living area.

There are no condos under contract and awaiting settlement.

In the past 12 months, 6 condos have sold in Lakeside with sales prices ranging from $107,5000 to $194,000.  The average sales price was $124,583 which equals a $176.43 price per sq. ft. of living area.  Sales equaled a 94% list to sales price ratio and the average days on market was 409.

Lakeside Condos in Indian River Plantation

For those looking to live in a resort setting with the beaches of the Atlantic Ocean close by as well as a full service Marina, golf course, restaurants and fitness facilities without paying the premium price of most resorts, then the Lakeside Condos of Indian River Plantation might just be the place for you.

Lakeside Condos in Indian River Plantation

These Lakeside Condos are condos located just off the golf course and surrounded by the Atlantic Ocean to the east and the Indian River (Intracoastal) to the west.  Situated on a private peninsula in the middle of the Marriott Resort Complex at Indian River Plantation.  There are 74 units built in 1980.  Sizes range from 1 bedroom, 1 bath units of 596 sq. ft. up to 2 bedroom, 3 bath units with 1323 sq. ft. of living area.  This is a pet friendly complex that will allow up to two large pets.  At the time of this writing the condo association fees were $375.00 a month.

Lakeside Condos in Indian River Plantation

The Lakeside Condos at Indian River Plantation are in an excellent location, just a short walk to the beach and there’s a courtesy tram that is available to take residents and guests around the sprawling facilities of the Marriott resort at Indian River Plantation.  Just a short drive to the grocery store, historic downtown Stuart and the many, many amenities that Martin County FL has to offer.

Lakeside Condos in Indian River Plantation

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

Lakeside Condos Indian River Plantation August 2015 Market Report

July 2015 Monthly Market Detail Florida Townhouses and Condos

08.27.15 by

July 2015 Monthly Market Detail Florida Townhouses and Condos

The July 2015 Monthly Market Detail Florida Townhouses and Condos continues to show improved activity as compared to last July.  Closed sales were up by 13.9% as compared to last months increase of 14.6% and new sales under contract (new pending sales) increased by 4.7% (In June there was a 2.7% increase).

Both median and average sales prices continue to increase, with rises of (year to year) 9.1% and 4.3% respectively (in June they were up by 7.9% and 3.1%).  As sales volume decreases, I expect to see some moderation in the coming months for price increases.

The inventory decreased by 2% from July of last year.  For July 2015 we have 5.3 months of inventory (was 5.5 months in June) also was 5.7 from last July.  A slight sellers market for now, as a 6 months inventory supply is considered a balanced market.

July 2015 Monthly Market Detail Florida Townhouses and Condos

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:
July 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.

July 2015 Monthly Market Detail Florida Townhouses and Condos

Windstone Palm City August 2015 Market Report

08.27.15 by

Windstone Palm City August 2015 Market Report

Windstone real estate in Palm City FL

As of August, 2015:

There are currently 5 active listings for sale in Windstone.  List prices for these homes range from $549,900 to $890,000 for an average list price of $665,760 which equals $165.73 per sq. ft. of living area.

As of this time there are no homes under contract and awaiting sale in Windstone.

In the past 12 months 5 homes have sold in Windstone.  The sales prices ranged from $376,000 to $875,000.  The average sales price was $614,200 or $177.92 per sq. ft. of living area.  These sold listings averaged 93 days on the market before going under contract and sold at 96% of the list price.

Windstone real estate in Palm City FL

Formerly known as Rivers End and now re-named to Windstone. Featuring spacious waterfront homes, Windstone Palm City August 2015 Market Report is a safe and peaceful gated community in Palm City that has gorgeous views of Florida nature preserves around nearly every home.

Windstone real estate in Palm City FL

Larger lot sizes of half acre and more in these newer homes are the rule.  The neighborhood itself is very un-crowded with only 110 existing homes.  Some vacant lots are still available for purchase for those wishing to build their dream home in Windstone Palm City August 2015 Market Report, one of the premier neighborhoods in one of the best cities in Martin County!

Windstone real estate in Palm City FL

Windstone Palm City August 2015 Market Report is within close range to “A” rated school, I-95 and Florida’s turnpike making this a great place for locals or commuters to call home!

Windstone real estate in Palm City FL

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Windstone Palm City August 2015 Market Report

July 2015 Monthly Market Detail Florida Single Family Homes

08.26.15 by

July 2015 Monthly Market Detail Florida Single Family Homes

The July 2015 Monthly Market Detail Florida Single Family Homes continues to show improved activity from last year and showed another strong month for July.  Closed sales were up by 21.8% (was up by 19% in June) and new sales under contract (new pending sales) increased by 6.5% (was up by 10.4% in June).

Both median and average sales prices continue to rise ( July 2014 to July 2015) by 8.1% and 4.2% respectively, compared to June’s 10.0% and 3.4%. 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 5.3% from last year.  Some high demand areas of Florida have seen decreasing inventory for a number of months now.  For July there was only a 4.5 months supply of inventory, this is a sellers market with the advantage for sellers. (July of 2014 had a 5.5 month supply)

July 2015 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

July 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.

July 2015 Monthly Market Detail Florida Single Family Homes

Hobe Sound FL 33455 Condo Market Report July 2015

08.22.15 by

Hobe Sound FL 33455 Condo Market Report July 2015

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for July 2015

 

For July 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 3 active condo listings. (Down by 5 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2015

6 Condos are pending and awaiting close. (Up by 4 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2015

1 Condos sold in June (Decreased by 5 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2015

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  I may have to stop reporting on Hobe Sound condos if we don’t get more inventory in the next few months.  We are down now to only 3 active listings.  This is the lowest inventory I’ve ever seen in Hobe Sound or any other segment of the Martin County real estate market since we’ve been looking at the data.

The current absorption rate is 3 months (Last month it was 1.3 months). The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that July not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The July 2014 numbers were: 17 active listings, 4 pending sales and 2 closed sales.  Better closed activity last year, but we still have more pending sales this year.

Hobe Sound FL 33455 Condo Market Report July 2015

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Hobe Sound FL 33455 Condo Market Report July 2015

 

Hobe Sound FL 33455 Residential Market Report July 2015

08.21.15 by

Hobe Sound FL 33455 Residential Market Report July 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for July 2015

  For July 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 163 active listings. (Up by 13 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2015

90 Residential sales are pending and awaiting close  (Down by 29 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2015

55 Homes Sold in July (Down by 6 homes from last month)

Hobe Sound FL 33455 Residential Market Report July 2015

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County remains very strong.  Both sales and pending sales retreated a bit from last month, but still remain very strong.  The inventory took a slight increase from last month.  This is a much needed statistic that will hopefully continue in the months ahead.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased to 3 months (2.5 months in June).  Still a strong seller’s market for the Hobe Sound area of Martin County.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for July 2014 were:  237 active listings, 80 pending sales and 51 closed sales.  Even with the significantly smaller inventory, sales activity is better than last year.

Hobe Sound FL 33455 Residential Market Report July 2015

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Hobe Sound FL 33455 Residential Market Report July 2015

Jensen Beach FL 34957 Condo Market Report July 2015

08.20.15 by

Jensen Beach FL 34957 Condo Market Report July 2015

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2015

 

For July 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 25 active listings. (Decreased by 6 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2015

13 Condo sales are pending and awaiting settlement. (Increased by 2 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2015

3 Condos Sold (Decreased by 2 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2015

 The Jensen Beach FL 34957 Condo Market Report July 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  Activity has been dropping in the Jensen Beach condo market.  Some of this decrease is due to the very low inventory levels we presently have and the rest due to the fact that summer is a slow season for our condo market.

The one month absorption rate for the July 2015, Jensen Beach Florida Market Report ZIP Code 34957 rose to 8.3  months (from 6.2 months in June), back into a buyer’s market after many, many months of being a seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The July 2014 numbers were: 30 active listings, 13 pending sales and 1 condos closed.  Slightly better closed numbers this year.

Jensen Beach FL 34957 Condo Market Report July 2015

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Jensen Beach FL 34957 Condo Market Report July 2015

Jensen Beach FL 34957 Residential Market Report July 2015

08.19.15 by

Jensen Beach FL 34957 Residential Market Report July 2015

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for July 2015

 For July 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 108 active listings. (Down by 11 homes from last month)

Jensen Beach FL 34957 Residential Market Report July 2015

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

Jensen Beach FL 34957 Residential Market Report July 2015

35 Homes Sold (Decreased by 11 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2015

The Jensen Beach FL 34957 Residential Market eased a little for July in sales activity.  Though it remains quite strong and we wouldn’t mind seeing a bit more inventory come on the market to make this activity a bit more sustainable for the future..  The Jensen Beach residential sales activity remains among the strongest of the County.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 3.1 months (was 2.6 months in June).  Remaining in a strong sellers market for Jensen Beach residential home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The July 2014 numbers were: 104 active listings, 76 pending sales and 29 home sales closed.   One of our few areas in Martin County where the inventory this year exceeds last year’s.  Market activity for 2015 is also much better than last year.
Jensen Beach FL 34957 Residential Market Report July 2015

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Jensen Beach FL 34957 Residential Market Report July 2015

Palm City FL 34990 Condo Market Report July 2015

08.18.15 by

Palm City FL 34990 Condo Market Report July 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for July 2015

 

For July 2015 in the 34990 Zip Code area of Palm City, Florida :



There are currently 60 active condo listings. (Up by 9 condos from June)

Palm City FL 34990 Condo Market Report July 2015

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

Palm City FL 34990 Condo Market Report July 2015

6 Condos Sold in July. (Down by 2 condos from June)

Palm City FL 34990 Condo Market Report July 2015

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  It’s good to see a rebound in the inventory, though unfortunately both closed and pending sales were off this month.  Not unexpected as the condo market often slows down during the summer season.

The current absorption rate for condos in the 34990 zip code area declined to 10 months (was 6.4 months in August).   Back into a buyer’s market after last month’s balanced market. A balanced market is considered to be an absorption rate of around 6 to 7 months, so this market continues as a strong buyers market.
The July 2014 numbers were: 59 active listings, 6 pending sales and 1 closed sales.   Even though July was slower than June, it is still much better activity than for last July.
Palm City FL 34990 Condo Market Report July 2015

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Palm City FL 34990 Condo Market Report July 2015

Palm City FL 34990 Residential Market Report July 2015

08.17.15 by

Palm City FL 34990 Residential Market Report July 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for July 2015

 

For July 2015 in the 34990 Zip Code area of Palm City Florida :


There are currently 363 active listings (Increased by 5 homes from June)

Palm City FL 34990 Residential Market Report July 2015

 162 Residential sales are pending and awaiting close or lender approval. (Decreased by 1 homes from last month)

Palm City FL 34990 Residential Market Report July 2015

71 Homes Sold in June (Decreased by 57 sold homes from June)

Palm City FL 34990 Residential Market Report July 2015

After a very strong June, the Palm City FL 34990 residential real estate market eased a bit for July.  Though still excellent activity and one that is far more sustainable for the future.  Of interest, is the small rise in inventory.  Hopefully this will continue for the coming months.
 The current absorption rate jumped up to 5.1 months from 2.8 months in June.  Still a slight 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 July 2014 numbers were:  432 active listings, 148 pending sales and 73 closed sales.  Better pending sales and almost identical closed sales with a considerably reduced inventory.  Makes 2015 a better market than last year for Palm City.

Palm City FL 34990 Residential Market Report July 2015

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Palm City FL 34990 Residential Market Report July 2015

Stuart FL 34997 Condo Market Report July 2015

08.16.15 by

Stuart FL 34997 Condo Market Report July 2015

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2015

 

For July 2015 in the 34997 Zip Code area of Stuart, Florida :

There are currently 38 active condo listings (Up by 3 condos from June).

Stuart FL 34997 Condo Market Report July 2015

12 Condo sales are pending and awaiting close or lender approval (Decreased by 7 condos from June).

Stuart FL 34997 Condo Market Report July 2015

10 Condos Sold in July (Decreased by 7 condos from June).

Stuart FL 34997 Condo Market Report July 2015

The Stuart FL condo market for zip code 34997 showed reduced closed and pending sales.  This was expected as we head into the slower summer months and also with such a low amount of available condos currently for sale.
The one month absorption rate increased to 3.8 months from 2 months for June.  Continuing as a strong seller’s market for now, though as we get into summer I expect this extreme market to ease up a bit.  A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The July 2014 numbers were: 61 active listings, 28 pending sales and 21 closed sales.   Our sales numbers are down compared to last year, but our inventory is only a little half of what it was last year as well.

Stuart FL 34997 Condo Market Report July 2015

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2015

 

 

Stuart FL 34997 Residential Market Report July 2015

08.15.15 by

Stuart FL 34997 Residential Market Report July 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for July 2015

 

There are currently 232 active listings (Decreased by 25 homes from June).

Stuart FL 34997 Residential Market Report July 2015

190 Residential sales are pending and awaiting close or lender approval (Decreased by 10 homes from June).

Stuart FL 34997 Residential Market Report July 2015

83 Homes Sold in July (Decreased by 30 homes from June)

Stuart FL 34997 Residential Market Report July 2015

      The Stuart Florida Residential Market for ZIP Code 34997 continues as the best performing segment of the Stuart residential market.  Both closed and pending sales are doing well, though as the inventory shrinks, the sales volume can’t keep up with the torrid pace set from last month.
     The current one month absorption rate increased to 2.8  months (was 2.3 months for June).  Remaining in a very strong seller’s 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 2014 numbers for July, were: 362 active listings, 189 pending listings and 78 closed sales.  Even with an inventory that is over 33% less than last year, closed and pending sales are still better for 2015.  Our strongest local market.
Stuart FL 34997 Residential Market Report July 2015

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Stuart FL 34997 Residential Market Report July 2015

 

Stuart FL 34996 Condo Market Report July 2015

08.14.15 by

Stuart FL 34996 Condo Market Report July 2015

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

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

There are currently 92 active condo listings (Down by 10 condos last month).

Stuart FL 34996 Condo Market Report July 2015

42 Condo sales are pending and awaiting close or lender approval (Increased by 16 condos from June).

Stuart FL 34996 Condo Market Report July 2015

16 Condos Sold in July (Decreased by 10 condos from June) 

Stuart FL 34996 Condo Market Report July 2015

The Stuart FL 34996 Condo Market moderated a bit for July.  Closed sales were down from the previous month and unfortunately the inventory continues to drop.  Surprisingly there was a large jump in pending sales which is a good indication for continued strong activity for the remainder of the summer..

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – increased to 5.8 months from June’s 3.9 months.  Drifting close to a balanced market for July.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for July 2014 were: 143 active listings, 45 pending sales and 11 closed sales.  Better activity this year even though our inventory is significantly lower than it was in July of 2014.

Stuart FL 34996 Condo Market Report July 2015

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Stuart FL 34996 Condo Market Report July 2015

Stuart FL 34996 Residential Market Report July 2015

08.13.15 by

Stuart FL 34996 Residential Market Report July 2015

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

 

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

 

There are currently 135 active listings (Down by 1 homes from June).

1 active

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

Stuart FL 34996 Residential Market Report July 2015

11 Homes Sold in July (Increased by 3 homes from June).

Stuart FL 34996 Residential Market Report July 2015

The 34996 zip code area of the Stuart Florida residential real estate market continues to struggle, though it improved from June’s very poor showing.  Unfortunately pending sales were off considerably this month.  This could be a sign of continued weak activity for the near future.

The one month absorption rate for the 34996 zip code area of Stuart Florida for July dropped to 12.3 months as compared to June’s atrocious 17 months.  Still 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 July of 2014 were: 169 active listings, 32 pending sales and 21 closed sales.  Considerably weaker activity this year as compared to July of 2014.

Stuart FL 34996 Residential Market Report July 2015

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Stuart FL 34996 Residential Market Report July 2015

Stuart FL 34994 Condo Market Report July 2015

08.12.15 by

Stuart FL 34994 Condo Market Report July 2015

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

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

 

There are currently 83 active condo listings (Unchanged from June).

Stuart FL 34994 Condo Market Report July 2015

24 Condo sales are pending and awaiting close or lender approval. (Decreased by 10 condo from last month) 

Stuart FL 34994 Condo Market Report July 2015

20 Condos Sold in July (Down by 3 condos from June).

Stuart FL 34994 Condo Market Report July 2015

The Stuart FL 34994 Condo market showed strong activity for July 2015.  Inventory didn’t go down this month, which is really the only positive as sales slowed for the month.  Though still an active market especially since we are well into the slower months for condo sales.

The one month absorption rate increased to 4.2 months compared to last month’s 3.6.  Continuing as a seller’s market.  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 July the numbers were 118 active listings, 40 pending sales, and 25 closed sales. For the 34994 zip code area of Stuart there was considerably greater activity in 2014, though the inventory was quite a bit larger as well.

Stuart FL 34994 Condo Market Report July 2015

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

Stuart Florida Market Report ZIP Code 34994 Residential July 2015

08.11.15 by

Stuart Florida Market Report ZIP Code 34994 Residential July 2015

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

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

There are currently 62 active listings (Decreased by 2 homes from June)

Stuart Florida Market Report ZIP Code 34994 Residential July 2015

32 Residential sales are pending and awaiting close or lender approval (Decreased by 6 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential July 2015

16 Homes Sold in June (Up by 2 homes from June)

Stuart Florida Market Report ZIP Code 34994 Residential July 2015

The 34994 ZIP code area of the Stuart, Florida continues to perform very well even though the inventory of available homes is getting into ver low and troubling levels.

The one month absorption rate for the 34994 zip code for July decreased to 3.9 months from last months 4.6 months, a very strong sellers market.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The July 2014 numbers were 73 Active Listings, 34 pending sales and 15 closed sales.  Similar sales activity, though the reduced inventory may be an issue for volume of sales in the near future.

Stuart Florida Market Report ZIP Code 34994 Residential July 2015

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Stuart Florida Market Report ZIP Code 34994 Residential July 2015

Sewalls Point Single Family Market Report July 2015

08.10.15 by

Sewalls Point Single Family Market Report July 2015

Sewalls Point Real Estate Snapshot, Residential Sales for July 2015

 

There are currently 58 active listings (Decreased by 3 homes since last month)

Sewalls Point Single Family Market Report July 2015

12 home sales are pending and awaiting close or lender approval (Down by 3 homes from June)

Sewalls Point Single Family Market Report July 2015

5 Homes sold in July (Up by two sales from June)

Sewalls Point Single Family Market Report July 2015

The Sewalls Point single family homes market continues to face some challenging volume of sales, though there were some excellent closings on the higher end of the market for June.  Also, a nice decrease in inventory will bring back some activity for the near future to Sewalls Point.

The current absorption rate dropped to 11.6 months, in June it was 20.3 months. Still plenty of room for improvement.  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 July of 2014, the inventory was 48 homes on the market, 13 pending sales and there were 5 closed sales.  Other than a larger inventory, last years sales activity is almost identical to this year.

Sewalls Point Single Family Market Report July 2015

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Holly Creek August 2015 Market Update

08.07.15 by

Holly Creek August 2015 Market Update

There are 4 active listings in Holly Creek.  List prices range from $129,000 to $229,000 with the average list price being $165,450 which equals a price per sq. ft. of living area of $126.46.
There are three homes pending in Holly Creek.  Listing prices are from $156,000 to $1198,000 for an average list price of $181,300 or $119.88 per sq. ft. of living area.  These homes were on the market for an average of 66 days before going under contract.
In the past 12 months, 12 homes and townhomes have sold in Holly Creek.  Sales prices ranged from $138,500 to $218,500 for an average sale price of $176,683 which equates to $112.09 per sq. ft. of living area.  These homes averaged 42 days on the market before going pending and sold at an average of 95% of listed price.

This is one of the hidden jewels in Martin County and Jensen Beach. Holly Creek is a small and affordable subdivision located off of Jensen Beach Blvd. Just 2 miles from the Indian River (Intracoastal Waterway) and across the Jensen Beach Causeway to access the pristine waters and beaches of the Atlantic Ocean. Only two miles to the Treasure Coast Mall and surrounding areas for shopping, and just a short bike ride from schools, restaurants, parks and downtown Jensen Beach; Holly Creek is one of the best locations on the Treasure Coast Low fees include professional landscaping.This home features lots of room with 2 BR, 2.5 Bath and 1 car garage with additional parking. Both bedrooms feature individual baths. New AC and the refrigerator has a water filter system. Private lanai and lushly landscaped grounds. This is a perfect starter home or a wonderful Florida vacation home during the cold northern winters. This home is in move in condition and ready for immediate occupancy. This home can qualify for the first time home buyers tax credit.

A large heated pool and two professional tennis courts adjoin the spacious clubhouse that has party and banquet facilities available for residents to use.

Numerous small lakes and lush landscaping make Holly Creek a desirable place to call home or a possible vacation retreat from those cold northern winters.

Holly Creek features 2 bedroom townhomes, 3 bedroom villas, 3 bedroom chalet homes all with a single car garage and additional parking. There are also a limited number of estate homes in the rear of Holly Creek which have 2 car garages, larger floor plans and individual designs.

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Holly Creek August 2015 Market Update

June 2015 Monthly Market Detail St Lucie County Townhouses and Condos

07.30.15 by

June 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The June 2015 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors rebounded a bit from a quite difficult May.  Closed sales were unchanged from last year (was down by 30.6% in May) while new sales under contract (new pending sales) decreased by 5.3% (was down by 25.8% in May).

The median sales price increased by 17.5% (down 11.% in May) and the average sales price increased by 20.3% (was up by 16.5% in May).  Continuing the trend of price increases in the Saint Lucie County real estate market..

The inventory of available townhouses and condos decreased by 18 units from last month to 578 properties, which is also down from last June by 23.5%. Current supply of inventory decreased to 5.5 months, from May’s 5.7 months. This is 22.7% 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.  Unfortunately, there’s not enough inventory to sustain a growing volume of sales.

June 2015 Monthly Market Detail St Lucie County Townhouses and Condos

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

June 2015 Monthly Market Detail St Lucie County Townhouses and Condos

June 2015 Monthly Market Detail St Lucie County Single Family Homes

07.29.15 by

June 2015 Monthly Market Detail St Lucie County Single Family Homes

June 2015 Monthly Market Detail St Lucie County Single Family Homes continues to struggle with the volume of sales in this declining inventory market while at the same time showing continued price increases.  Closed sales were off by 7.9% (in May they were down by 19.8%) and new sales under contract (new pending sales) decreased by 16.7% (they were down by 31.3% last month).

Both median and average sales prices continue strong gains with increases of 18.6% and 18.9% respectively from last June (For May these numbers were 18.2% and 13.1%).  These price increases, while good news for sellers, are making single family homes less affordable in the St. Lucie County market area and may be one factor in the reduced volume of closed sales.

The inventory of active listings decreased in June (from last month) by 18 homes to 1,572, and this is  lower than last year’s inventory by 20.4%.  The current supply of inventory is only 3.3 months (a 24.2% decrease from last year). The Saint Lucie County single family home market remains in 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.

June 2015 Monthly Market Detail St Lucie County Single Family Homes

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

June 2015 Monthly Market Detail St Lucie County Single Family Homes