de la Bahia Waterfront Condos September 2019 Market Report

de la Bahia Waterfront Condos September 2019 Market Report

For September 2019 there are 9 condos available for sale in de la Bahia.  These condos range in price from $119,900 up to $199,900.  This is an average list price of $157,656 which equals $195.77 per sq. ft. of living area.

There are 2 condos currently under contract.  List prices were $135,900 and $149,900.  This is an average list price of $142,900 or $190.60 per sq. ft. of living area.  These condos were on the market for an average of 209 days prior to going under contract.

In the last 12 months, 17 condos have sold.  Sales prices ranged from $94,000 up to $218,000.  The average sales price was $138,841 which works out to $167.26 per sq. ft. of living area.  These condos sold for an average of 92% of list price and went under contract in an average of 93 days on the market.

View older de la Bahia waterfront condos market reports here

About the de la Bahia Waterfront Condos:

de la Bahia Waterfront Condos

The de la Bahia condo complex is located on Kanner Hwy just west of Monterey Road in Stuart which is in Martin County, Florida. This waterfront 55+ boating community lies on the shore of the south fork of the Saint Lucie River which also becomes the Okeechobee Waterway as it goes west.

de la Bahia Waterfront Condos

The condos consist of 1 bedroom 1 and 1/2 bath, 2 bedroom 1 and 1/2 bath and 2 bedroom 2 bath condos.  Condo fees run from $223 to $340 per month depending on the size of the condo.  These fees include Cable, Common Areas, Grounds / Plants, Insurance-Bldg, Lawn Care, Maintenance Exterior, Reserve Funds, Roof Maintenance, Sewer, Trash Removal and Water.

de la Bahia Waterfront Condos

This prime location is approximately 40 minutes North of West Palm Beach, and 100 miles north of Miami. Very conveniently located near many restaurants, stores, and medical facilities.

de la Bahia Waterfront Condos

The de la Bahia condominium complex is made up of 303 attractive and desirable residences.  231 docks, a pool, a clubhouse, shuffleboard courts, and a yacht club for the residents. The very desirable marina is for the use of residents only and most condos have a deeded dock.  Rental charges for the use of docks are not allowed, so there won’t be any additional charges for those wishing to use another owner’s dock.

de la Bahia Waterfront Condos

Additional de la Bahia information:

There’s a very active winter season, which normally includes two dinner dances a month, golf and bowling leagues, bingo, euchre, bridge, exercise class, knitting & stitching. The pool is heated and is a great place to meet people, swim, sunbathe, or even join in playing a board game of your choice. And the library has a good selection of books to read if you prefer to enjoy a quiet peaceful afternoon.

The Yacht Club has monthly meetings with a guest speaker, raft-ups, picnics, luncheon cruises, gambling cruises, and two socials.  In the past few years, the association has sponsored a 3 to 5-day cruise in January. Membership is open to de la Bahia renters and owners only.  Boat ownership is not required and dues are very reasonable.

Click here to see the available condos for sale in de la Bahia

de la Bahia Waterfront Condos September 2019 Market Report

Stuart FL 34997 Condo Market Report August 2019

Stuart FL 34997 Condo Market Report August 2019

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for August 2019

There are currently 48 active condo listings (Up by 4 condos from July).

Stuart FL 34997 Condo Market Report August 2019

20 Condo sales are pending and awaiting close (Unchanged from July).

Stuart FL 34997 Condo Market Report August 2019

7 Condos Sold in August (Down by 9 condos from July).

Stuart FL 34997 Condo Market Report August 2019

      The Stuart FL condo market for zip code 34997 indicated a slower-paced sales activity for August when compared to last month.  Probably into a more sustainable real estate market as compared to the superheated activity of last month.

     The absorption rate climbed to 6.9 months in August compared to 2.8 months for July.  Transitioning back into a balanced market for condos in the 34997 zip code of Stuart FL.  A 6 to 7-month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The August 2018 numbers were: 36 active listings, 25 pending sales, and 12 closed sales.  Considerably more active sales activity last year for this condo segment in Stuart FL

Stuart FL 34997 Condo Market Report August 2019

To make informed decisions about Stuart FL condo real estate it’s a good idea to be familiar with the market.  Click here to view the previous Stuart FL 34997 condo market reports

Stuart Florida Real Estate presented by:
Gabe Sanders

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34997 Condo Market Report August 2019

Lake Grove September 2019 Market Report

Lake Grove September 2019 Market Report

There is only one home currently for sale in Lake Grove of Palm City, FL.  The list price is $599,900 or $206.51 per sq. ft. of living area.

There are no homes currently under contract in Lake Grove.

In the past 12 months, 3 homes have sold in Lake Grove. Sale prices ranged from $550,000 up to $674,900.  This is an average sale price of $606,633 which equals $190.15 per sq. ft. of living area.  These homes averaged 85 days on the market prior to accepting their offers and sold for an average of 98% of the list price.

About Lake Grove in Palm City FL:

Lake Grove in Palm City Florida

Located south on Mapp Road in Palm City is the community of Lake Grove which is comprised of 64 homes built around a square-shaped lake.  Lake Grove lies in a lovely private location will all home sites on at least ½ acre of land.Lake Grove in Palm City Homes range in sizes from over 4,500 sq. ft. of living space with 5 bedrooms, 4 baths and a three-car garage down to just over 2,000 sq. ft. homes with 3 bedrooms and two bathrooms and 2 car garages.  As of September 2019, the Lake Grove HOA fees are a very reasonable $275 per quarter.

Lake Grove in Palm City FloridaThe common areas include two tennis courts, landscaped common areas and a fishing dock on the lake.  There’s also a dedicated trailer/RV/boat parking lot for residents.

Lake Grove in Palm City

Lake Grove children attend ‘A’ rated Martin County Schools and are currently zoned for the Palm City Elementary School, Hidden Oaks Middle School, and Martin County High School.  (To search for homes within Martin County school districts visit my school search pages here.)

Lake Grove in Palm City Florida

Click here to see the currently available Lake Grove Homes for Sale

Search for Martin County Real Estate

If you like the Lake Grove community, you may also have an interest in its sister community: Orchid Bay.

Click here for the current Orchid Bay Homes for Sale

Lake Grove September 2019 Market Report

Stuart FL 34997 Residential Market Report August 2019

Stuart FL 34997 Residential Market Report August 2019

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for August 2019

For August 2019 in the 34997 Zip Code area of Stuart, Florida:

There are currently 274 active listings (Decreased by 39 home from July).

Stuart FL 34997 Residential Market Report August 2019 

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

Stuart FL 34997 Residential Market Report August 2019 

79 Homes Sold in August (Decreased by 3 homes from July)

Stuart FL 34997 Residential Market Report August 2019

      The Stuart Florida Residential Market for ZIP Code 34997 remains as one of the most active segments of the Martin County residential real estate market.  For August 2019, our inventory dropped a bit and pending sales increased.  This is a good sign for continued strong activity in the near future.
     The absorption rate dipped to 3.5 months (was 3.8 months for July).  We are still in an extreme seller’s market for the 34997 zip code area of Stuart for August 2019.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2018 numbers for August, were: 262 active listings, 137 pending listings, and 88 closed sales.  Slightly slower closed sales activity on an increased inventory for this year as compared to last August.
Stuart FL 34997 Residential Market Report August 2019

Are you interested in the value of your Stuart FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34997 zip code area of Stuart FL

Search here for vacant land for sale in the 34997 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34997 Residential Market Report August 2019

Moon River Jensen Beach September 2019 Market Report

Moon River Jensen Beach September 2019 Market Report

For September 2019, there is one home for sale in Moon River on Hutchinson Island in Jensen Beach FL.  This home is listed for $469,000 or $194.53 per sq. ft. of living area.

There are no Moon River homes currently pending (under contract).

There has been only 1 home sale in the past 12 months in Moon River.  The sales price was $350,000 which equals $221.38 per sq. ft. of living area and this home sold for 96% of list price.  And, it was on the market for only 54 days before going under contract.

About Moon River in Jensen Beach Florida:

Moon River on Hutchinson Island in Jensen Beach

Moon River is a community of 51 attached and 3 detached homes that were built from 1998 to 2003. This is a gated waterfront community with ocean access docks as well as a community pool and clubhouse. Two tennis courts are also available and shared with the neighboring community of Fairwinds Cove.

Moon River in Jensen Beach on Hutchinson Island

Home sizes range from 3 Bedroom, 3 bathroom two-story homes with over 2.700 sq. ft. of living area down to 2 Bedroom, 2 bathroom, 1 story homes of just under 1,400 sq. ft. of living space. Most of these homes have 2 car garages with a few actually offering covered parking for up to 4 cars. 

Moon River in Jensen Beach on Hutchinson Island

This is a pet-friendly community allowing for up to two pets that are no larger than 50 lbs. HOA fees at the time of this post were $343 per month (payable quarterly). 

Moon River in Jensen Beach on Hutchinson Island

Moon River lies on the east side of the Jensen Beach Causeway in Martin County Florida. It’s only a short walk or bike ride to the public beach on the Atlantic Ocean. It’s also close to shopping, restaurants and the remaining wonderful amenities that Martin County has to offer.

Moon River in Jensen Beach on Hutchinson Island

Moon River is an excellent choice for both full-time residents and for those wishing to have their winter oasis away from the cold north.

The current Martin County Schools for Sugar Hill are Jensen Beach Elementary School, Stuart Middle School, and Jensen Beach High School

Here are the currently available homes in Moon River in Jensen Beach

 For any questions you may have about September 2019 Market Report for Moon River in Jensen Beach, please call the Gabe Sanders BlueWater Realty team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Moon River Jensen Beach September 2019 Market Report

Jensen Beach FL 34957 Condo Market Report August 2019

Jensen Beach FL 34957 Condo Market Report August 2019

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2019

There are currently 106 active listings. (Increased by 1 condo from July)

Jensen Beach FL 34957 Condo Market Report August 2019

34 Condo sales are pending and awaiting settlement. (Unchanged from July)

Jensen Beach FL 34957 Condo Market Report August 2019

25 Condos Sold (Down by 6 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2019

 The Jensen Beach FL 34957 Condo Market Report showed a small drop in closed sales for the month.  Though, this market remains quite strong and active.

The one-month absorption rate for the August 2019, Jensen Beach Florida Market Report ZIP Code 34957 rose to 4.2 months (from 3.4 months in July). Remaining in a seller’s market for Jensen Beach condos.  A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The August 2018 numbers were: 82 active listings, 37 pending sales, and 27 condos closed.  Very similar sales activity when compared to last year.  Though, we do have an increased number of condos available for sale this year.

Jensen Beach FL 34957 Condo Market Report August 2019

Click here to view the previous Jensen Beach condo market reports

Are you interested in the value of your Jensen Beach FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Jensen Beach FL 34957 Condo Market Report August 2019

Governors Landing September 2019 Market Report

Governors Landing September 2019 Market Report

There is currently 1 home on the market in Governors Landing for September 2019.  The list price is $460,000 or $243.26 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, only 1 Governors Landing home has sold.  The sales price was $458,000 or $179.05 per sq. ft. of living area.  This home sold for 97% of list price and was on the market for 10 days prior to going under contract.

About Governors Landing in Hobe Sound FL

Governors landing in Hobe Sound FL

Governors Landing is a prestigious gated community in Hobe Sound just south of Jimmy Graham and Peck Lake Parks.   And, on the west of the Intracoastal Waterway facing Jupiter Island and the Atlantic Ocean to the East.  This is a very conveniently location about equidistant from the City of Jupiter to the South and the City of Stuart to the North.  Both of which can be reached in under 15 minutes by car.

Governors landing in Hobe Sound FL

Governors Landing has both canal homes with ocean access docks as well as lakefront homes. Many of the non-canal homes come with docks in the community marina.  There is also a boat ramp available for residents as is a boat storage area.

Governors landing in Hobe Sound FL

Homes were built between 1988 and 2006 in Governors Landing.  Existing lot sizes range from just over 1/6th to just under ½ acres. The home sizes range from 3 bedrooms, 2 bathrooms, 2 car garage with around 2,400 sq. ft. of air-conditioned living area up to 5 bedrooms, 5 bathrooms, 3 car garage homes with 5,000 sq. ft. of living area.

Governors Landing of Hobe Sound FL Governors Landing of Hobe Sound FL

Low HOA fees includes the maintenance and upkeep of the security gate, common areas as well as the community docks and ramps as well as basic cable TV service.

Governors Landing of Hobe Sound FL Governors Landing of Hobe Sound FL

Children in Governors Landing attend these schools: Hobe Sound Elementary School, Murray Middle School, and South Fork High School.

For those looking for luxury ocean access homes with convenient access to good schools, medical facilities, and shopping, Governors Landing may just be the perfect place to call home.

Search here for Governors Landing homes for sale.

Governors Landing September 2019 Market Report

Jensen Beach FL 34957 Residential Market Report August 2019

Jensen Beach FL 34957 Residential Market Report August 2019

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2019

 There are currently 197 active listings. (Up by 11 homes from last month)

Jensen Beach FL 34957 Residential Market Report August 2019

54 Residential sales are pending and awaiting close or lender approval. (Decreased by 27 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2019

43 Homes Sold (Up by 2 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2019

The Jensen Beach FL 34957 Residential Market had a big drop in pending sales for the month while maintaining a good volume of closed sales.  This market segment remains quite active and is a strong market.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 inched up to 4.6 months ( was 4.5 months in July).  Remaining in a seller’s market for Jensen Beach homes than last month.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The August 2018 numbers were: 162 active listings, 70 pending sales, and 45 home sales closed.  There was considerably better-pending sales activity last year while closed sales are almost the same on a greater inventory of available homes for sale.
Jensen Beach FL 34957 Residential Market Report August 2019
Are you interested in the value of your Jensen Beach FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Jensen Beach Florida Real Estate presented by:
the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Jensen Beach FL 34957 Residential Market Report August 2019

Bay Pointe September 2019 Market Report

Bay Pointe September 2019 Market Report

There are 3 homes currently for sale according to this Bay Pointe September 2019 market report in Palm City FL.  These homes are listed for sale from $849,000 up to $2,695,000.  This is an average list price of $1,478,000 which equals $289.51 per sq. ft. of living space.

There are no homes currently under contract in Bay Pointe.

In the past 12 months, 3 homes have sold in Bay Pointe in Palm City FL.  These homes sold for prices from $489,000up to $2,237,000.  This equals an average sales price of $1,307,000 which equals $343.03 per sq. ft. of living space.  These homes were on the market for an average of 209 days before going under contract and sold for an average of 93% of the list price.

About Bay Pointe in Palm City, Florida:

Bay Pointe Waterfront Homes in Palm City, Florida

Located next to Seagate Harbor and Lighthouse Pointe is the exclusive subdivision of Bay Pointe in Palm City Florida.  This exclusive gated waterfront subdivision boasts 23 homes and lots on the wide waters of the Saint Lucie River.  An additional 11 non-waterfront homes and homesites enjoy the amenities of this private community.  Even the non-waterfront homes have access to docks with a community pier located on the south side of the community.

Bay Pointe Waterfront Homes in Palm City, Florida

 

Bay Pointe waterfront in Palm City FL
Located with a large private preserve area to the south and west and enjoying magnificent wide water views to the east.  Only minutes to the wide Atlantic Ocean by boat and enjoying the amenities and low taxes of Martin County make Bay Pointe a wonderful place to call home.

Bay Pointe waterfront in Palm City FL
Close to parks, beaches, shopping and boasting the ‘A’ rated school system of Martin County.  Current school assignments for Bay Pointe are the Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.

Bay Pointe waterfront in Palm City FL

Bay Pointe waterfront in Palm City FL

Search for Bay Pointe Homes for Sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Bay Pointe September 2019 Market Report

Stuart FL 34996 Condo Market Report August 2019

Stuart FL 34996 Condo Market Report August 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for August 2019

There are currently 95 active condo listings (Down by 3 condos from last month).

42 Condo sales are pending and awaiting close or lender approval (Up by 8 condos from July).

15 Condos sold in August (Down by 16 condos from July) 

The Stuart FL 34996 Condo Market of Stuart showed a sizeable drop in closed sales for August.  Pending sales remain strong though and I believe some of the weakness in the closed sales may have been due to issues with Hurricane Dorian at the end of the month.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 jumped to 6.3 months from July’s 3.2 months. Bringing us into a balanced market for this segment of Martin County condos but not as extreme as last month.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for August 2018 were: 102 active listings, 37 pending sales, and 16 closed sales.  Very similar activity to last year for condos in the 34996 zip code area of Stuart.

Click here to view the previous Stuart FL condo market reports

 

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for condos for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Condo Market Report August 2019

The River Club September 2019 Market Report

The River Club September 2019 Market Report

As of September 2019, there are 3 condos for sale in the River Club.  These condos are listed from $170,000 up to  $245,000.  This is an average list price of $211,633 or $197.42 per sq. ft. of living area.

There are no River Club condos currently under contract.

In the past 12 months, 5 condos have sold in the River Club.  Sales prices ranged from $192,000 up to $260,000.  This is an average sales price of $230,850 which works out to $215.35 per sq. ft. of living area.  These condos sold for an average of 96% of the last list price and went under contract in an average of 89 days.

About The River Club of Martin County:

The River Club of Martin County in Jensen Beach FL

The River Club of Martin County is a waterfront condo community that was built between the years of 1978 and 1980.  There are 15 buildings with 188 total condos all of which are 2 bedroom and 2 bathrooms.  These are all two-story buildings.  There are two different floor plans with 1,220 and 1,072 sq. ft., of living areas.  Four of these buildings enjoy beautiful wide waterfront views of the Saint Lucie River.  The River Club has a 50 slip marina that is run by a separate dock association.  In order to own a slip in the River Club, one must be a condo owner.  Tenants and owners do have the opportunity to rent slips should they be available for lease.

Entrance to the River Club

Owners enjoy excellent amenities include a clubhouse with game room and kitchen facilities, a community pool, fitness room, shuffleboard courts, workshop, and cable TV and internet access (including wi-fi) included in the condo fees.  The condo fees as of May 2019 are $326 a month.

Sunset from the River Club

All ages are welcome in the River Club but no pets are allowed.  And, rentals are allowed with some restrictions as to duration and length of unit ownership.  No commercial vehicles or motorcycles are allowed, but pickup trucks with covers are permitted.

Community Pool of the River Club

The River Club is a great choice for those looking for an affordable condo community with deep water docks and fishing as well as a full complement of amenities.  We don’t think you will be disappointed.

fountain of the the River Club

Search here for any River Club condos for sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida you can select this link.

The River Club September 2019 Market Report

Banyan House Stuart FL September 2019 Market Report

Banyan House Stuart FL September 2019 Market Report

There are currently 3 condos for sale in the Banyan House condos in Stuart FL.  List prices range from $149,900 up to $164,500.   This is an average list price of $156,300 which is $114.09 per sq. ft. of living area.

There is 1 condo currently under contract.  The list price was $155,000 or $113.14 per sq. ft. of living area.  This condo was on the market for 64 days prior to going under contract.

In the past 12 months, only 1  Banyan House condo has sold.  This condo sold for $184,900 which works out to $134.96 per sq. ft. of living area.  This condo was on the market for 54 days before going under contract and sold for 100% of list price.

About the Banyan House Condos in Stuart FL:

Banyan House Condos in Stuart FL

Located on Saint Lucie Blvd in Stuart, FL, these condos are close to the Martin County Community Golf Club as well as the beaches and downtown Stuart.  This complex was completed in 1980 and consists of 64 2 bedroom, 2 bathroom condos on either the first or second floor of these 4 identical 2 story buildings.

Banyan House Condos in Stuart FL

The Banyan House complex residents enjoy a heated pool and 2 tennis courts and a clubhouse as their amenities.  All ages are welcome and up to 1 medium sized pet is also allowed.   Rentals are also allowed with some restrictions.  For 2018, the association fees are $427 per month.  These fees include basic cable TV, landscape service, building insurance and maintenance, water and sewer, trash pickup, reserves and management services.

Banyan House Condos in Stuart FL

Children living in Banyan House currently attend the JD Parker elementary school, Stuart middle school and the Jensen Beach high school.

Banyan House Condos in Stuart FL

These Banyan House condos are much sought after because of their excellent location as well as being such a well-run and well-managed community.  Condos tend to sell very quickly when they come on the market.  Those interested in a Banyan House condo should contact us and be set up on a new listing notifier for this Stuart community.

Search here for any current listings in the Banyan House Condo Complex.

Banyan House Stuart FL September 2019 Market Report

Stuart FL 34996 Residential Market Report August 2019

Stuart FL 34996 Residential Market Report August 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for August 2019

There are currently 130 active listings (Decreased by 8 homes from July).

Stuart FL 34996 Condo Market Report August 2019 

25 Residential sales are pending and awaiting close (Up by 2 homes from July).

Stuart FL 34996 Condo Market Report August 2019

16 Homes Sold in August (Down by 4 homes from July).

Stuart FL 34996 Condo Market Report August 2019

The 34996 zip code area of the Stuart Florida residential real estate had a small drop in closed sales for this month when compared to last month.  Hopefully, this market will regain a bit of activity in the coming months.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for August rose to 8.1 months as compared to 6.9 months for last month.  Remaining in a seller’s market for this segment of the Martin County single-family real estate market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7-month absorption rate.

The numbers for August 2018 were: 130 active listings, 21 pending sales, and 10 closed sales.  Better market activity this year on an identical number of homes for sale (inventory).

Stuart FL 34996 Condo Market Report August 2019

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34996 zip code area of Stuart FL

Search here for vacant land for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Residential Market Report August 2019

Quail Meadow September 2019 Market Report

Quail Meadow September 2019 Market Report

There are no townhomes currently available for sale in Quail Meadow in the Martin Downs Country Club community of Palm City FL.

There are also no homes currently under contract.

In the past 12 months, there have been 3 Quail Meadow sales.  Sales prices ranged from $162,500 up to $240,000.  This is an average sales price of $209,833 which works out to $134.81 per sq. ft. of living area.  These townhomes averaged 38 days on market before going under contract. They sold for an average of 94% of list price.

About Quail Meadow in Martin Downs

Quail Meadow in Martin Downs in Palm City FL

Located in the beautiful Martin Downs Country Club, Quail Meadow consists of 84 townhome/villas.  These are spread out in 14 buildings with 6 attached units in each building.  Quail Meadow was completed in 1983 and represents its own subdivision within the Martin Downs Country Club.  Many of these homes enjoy beautiful lake and golf course views.

entrance to Quail Meadow in Martin Downs

All of these homes have a 1 car garage and some are single-story villas while others are two-story style townhouses.   Sizes range from 3 bedroom, 3 bathroom homes with 1,654 sq. ft. of living area down to 2 bedroom, 2 bathroom villas with 1,331 sq. ft.

front view of Quail Meadow in Martin Downs

The HOA fee is $308 per month. This includes a 24 manned security gate and security patrols, management fees, basic cable TV, common areas and exterior maintenance.   This is a pet-friendly community allowing up to two medium-sized pets per unit.  Rentals are also permitted with some restrictions as to frequency and duration.

Pond in Quail Meadow in Martin Downs

Residents of Quail Meadow have the option of joining the golf club in Martin Downs as well as the Martin Downs sports complex.  Or, they are free to just enjoy the great location which is very close to Florida’s Turnpike and I-95 and shopping, restaurants, professional offices, and medical facilities.

Click here to see if any Quail Meadow homes are available for sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Quail Meadow September 2019 Market Report

Palm City FL 34990 Condo Market Report August 2019

Palm City FL 34990 Condo Market Report August 2019

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for August 2019

There are currently 80 active condo listings. (Increased by 3 condos from July)

Palm City FL 34990 Condo Market Report August 2019 

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

Palm City FL 34990 Condo Market Report August 2019

3 Condos Sold in August. (Unchanged from July)

Palm City FL 34990 Condo Market Report August 2019

The Palm City FL 34990 condo real estate market remains a fairly small segment of the Martin County condo market.  The sales activity in this market is challenging because of two condo communities with high equity and association fees that are currently not in favor with the general public.  Though, those who love golf, there are some incredible bargains in these communities.  August continued to display difficulties for this market.

The current absorption rate for condos in the 34990 zip rose to 26.7 months (was 25.7 months in July). Remaining in an extreme buyer’s market for Palm City condos.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The August 2018 numbers were: 76 active listings, 7 pending sales, and 7 closed sales.  There was somewhat better activity last year.
Palm City FL 34990 Condo Market Report August 2019
Are you interested in the value of your Palm City FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for condos for sale in the 34990 zip code area of Palm City FL

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

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Palm City FL 34990 Condo Market Report August 2019

Galleon Bay September 2019 Market Report

Galleon Bay September 2019 Market Report

There are currently no homes for sale in the Galleon Bay community of Hutchinson Island in Stuart FL.   There is 1 lot for sale.  The list price is $1,300,000.

There are also no homes under contract in the Galleon Bay community.  There is a parcel of 17 lots known as Galleon On The River which is under contract.  The list price was $4,999,999.

In the past 12 months, no homes have sold.  The last sale took place in July 2016 with a sales price of $1,965,000 which equaled $365.65 per sq. ft. of living area.  This home was on the market for 238 days before going under contract and sold for 87% of the last list price.  There are two new homes under construction at the present time.

About Galleon Bay on Hutchinson Island:

Galleon Bay on Hutchinson Island

Oceanfront Homes in Martin County:

Galleon Bay on Hutchinson Island is an exclusive gated oceanfront community just north of the Stuart Causeway.  Very well located close to shopping as well as easy access to downtown Stuart. There are only 15 possible residences in this exclusive upscale community.

Galleon Bay on Hutchinson Island

All the homesites in Galleon Bay are spacious and allow for stunning estate homes.  Lot sizes vary from just under 1 acre to over 1 and ¼ acres.  There are still vacant lots in Galleon Bay waiting for a home to be built.

Galleon Bay on Hutchinson Island

Of the current homes in Galleon Bay, the smallest is over 5,000 sq. ft. of living area with 4 bedrooms and 5 bathrooms and the largest has more than 10,000 sq. ft. with 6 bedrooms and 9 bathrooms.

Galleon Bay on Hutchinson Island

For those wanting to ultimate in privacy and luxury, yet still, be close to all the wonderful amenities available to Martin County residents on the Treasure Coast of FL, Galleon Bay may be the perfect location for you.

Galleon Bay on Hutchinson Island

As of February 2019, the monthly HOA fees were $458.00

Check here for any possible homes for sale in Galleon Bay

Check here for any possible land for sale in Galleon Bay

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Galleon Bay September 2019 Market Report

Palm City FL 34990 Residential Market Report August 2019

Palm City FL 34990 Residential Market Report August 2019

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for August 2019

 There are currently 336 active listings (Down by 12 homes from July)

Palm City FL 34990 Residential Market Report August 2019

140 Residential sales are pending (Down by 14 homes from last month)

Palm City FL 34990 Residential Market Report August 2019

89 Homes Sold in September (Up by 26 homes from July)

Palm City FL 34990 Residential Market Report August 2019

The Palm City FL, zip code 34990 residential real estate market continues with very strong market activity.  We had a sizeable increase in sales this month and the pending sales also remain very strong.
The monthly absorption rate dropped to 3.8 months from 5.5 months in July.  Becoming an even stronger seller’s market for the Palm City zip code 34990 area, though approaching a balanced market.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The August 2018 numbers were:  361 active listings, 100 pending sales, and 96 closed sales.  With a lower number of available homes for sale this year, sales are pretty comparable and pending sales are much stronger than last year.

Palm City FL 34990 Residential Market Report August 2019

Click here to view the previous Palm City Florida residential market reports

Are you interested in the value of your Palm City FL home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34990 zip code area of Palm City FL

Search here for vacant land for sale in the 34994 zip code area of Palm City FL

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

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Palm City FL 34990 Residential Market Report August 2019

Stuart FL 34994 Condo Market Report August 2019

Stuart FL 34994 Condo Market Report August 2019 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for August 2019

For August 2019 in the 34994 Zip Code area of Stuart, Florida :

There are currently 101 active condo listings (Up by 2 condos from July).

Stuart FL 34994 Condo Market Report August 2019

34 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from last month) 

Stuart FL 34994 Condo Market Report August 2019

24 Condos Sold in July (Up by 9 condos from July).

Stuart FL 34994 Condo Market Report August 2019

The Stuart FL 34994 Condo market had a nice jump in closed sales this month.  Inventory, as well as pending sales, showed little change from July.  The hurricane, towards the end of the month, seems to have had little effect on this segment of the Stuart condo market.

The absorption rate for August dropped to 4.2 months compared to last month’s 6.6 months.  Back into a seller’s market for this condo segment of Stuart’s 34994 zip code area.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers nor sellers have an advantage in the real estate market.

Last August the numbers were 77 active listings, 60 pending sales, and 16 closed sales. Better closed sales volume this year on a greater inventory of available condos for sale.  Pending sales were much better last year.

Stuart FL 34994 Condo Market Report August 2019

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Click here for condos for sale in the 34994 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Search here for Stuart Florida Real Estate for Sale

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34994 Condo Market Report August 2019 

 

Stuart Florida 34994 Residential Market Report August 2019

Stuart Florida 34994 Residential Market Report August 2019

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for August 2019

For July 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 87 active listings (Down by 2 homes from July)

Stuart Florida 34994 Residential Market Report August 2019

38 Residential sales are pending and awaiting close or lender approval (Increased by 21 homes from last month).

Stuart Florida 34994 Residential Market Report August 2019

4 Homes Sold in August (Decreased by 12 homes from July)

Stuart Florida 34994 Residential Market Report August 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had a pretty dramatic drop in closed sales for the month while also having a large increase in pending sales.  This is most likely a result of a number of delayed closings due to the hurricane.

The one-month absorption rate for the 34994 zip code for August jumped to 21.8 months from 5.6 months for July.  Transitioning into an extreme buyer’s market for the 34994 zip code area of Stuart, FL.  I anticipate that this is just a temporary one-month situation.   A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The August 2018 numbers were 71 Active Listings, 28 pending sales, and 15 closed sales.  We have a larger inventory of available homes for sale in this segment of the market.  pending sales are considerably stronger this year while closed sales were weaker.

Stuart Florida 34994 Residential Market Report August 2019

Are you interested in the value of your Stuart FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34994 zip code area of Stuart FL

Search here for vacant land for sale in the 34994 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart Florida 34994 Residential Real Estate Market Report August 2019

Southwood Real Estate September 2019 Market Report

Southwood Real Estate September 2019 Market Report

For September 2019 there are 2 homes for sale in the Southwood community of Stuart, FL.  List prices are $359,900 and $365,000.  This is an average list price of $362,450 or $209.92 per sq. ft. of living area.

There are 2 homes currently under contract.  The list prices were $389,000 and $425,000.  This works out to an average list price of $407,000 which equals $199.76 per sq. ft. of living area.  These homes averaged 27 days on the market before going under contract.

In the past 12 months, 7 homes have sold in the Southwood subdivision of Stuart.  The sales prices ranged from $360,000 up to $448,500.  This is an average sales price of $410,000 which works out to $196.51 per sq. ft. of living area.  These homes went under contract in an average of 21 days.  These homes sold for an average of 98% of the last list price.

About Southwood in Stuart, FL:

Southwood in Stuart Florida

Southwood is a small community of 115 home sites located just southeast of Salerno Rd on Kanner Highway in Stuart FL.  This location makes it easy for anyone wishing to commute either north or south as it’s only a few minutes to I-95.  It is also close to the Publix shopping center at the intersection of Kanner Highway and Salerno Rd.  Just minutes to Martin Memorial South Hospital.  Only about 10 to 15 minutes to downtown Stuart and just slightly longer to the beaches and waterways of Martin County.

Entrance to Southwood of Stuart FL

Children in Southwood attend Pinewood Elementary, David L. Anderson Middle and Martin County High Schools.  All great schools.  Click on the above links for more information about each school.

One enters the Southwood subdivision through a long private drive.  Currently, this community is not gated, yet offers the utmost in privacy and safety.  The homes were built from 1990 to 2001 and are all individual styles from various builders.  This is not a cookie cutter community.  Home sizes range from 3 bedroom, 2 bathroom homes with 2 car garages of just under 1,700 square feet of living area of to 4 bedroom, 3 bathroom homes of just under 3,000 sq. ft.

Southwood in Stuart Florida

The Southwood Community

There are a number of ponds and creeks throughout Southwood.  And, this community is mostly surrounded by either preserve lands or acreage.  There is no community pool or clubhouse so the HOA fees are a very reasonable $98.00 a month as of this writing and include trash and basic cable TV.  Though there are some magnificent nature trails through the preserve areas.

creek in Southwood of Stuart FL

Southwood is a gem of a neighborhood and is little known to many Martin County residents.  There is very low turnover in this community.  If you’re interested let us know and we can put you on a listing alert notification for this community.

pond in Southwood of Stuart FL

Click here to see if any Southwood Homes are currently available

Southwood Real Estate September 2019 Market Report