Martin County Townhouses and Condos 2019 2’nd Quarter Report

08.14.19 by

Martin County Townhouses and Condos 2019 2’nd Quarter Report

2’nd Quarter 2019

Click the image below to view the full details of the Martin County townhouses and condos market report data as reported by Martin County Realtor for the 2’nd Quarter 2019.

https://www.gabesanders.com/site_data/gabesanders/editor_assets/Market_Data/Quarterly/Martin_County_Townhouses_and_Condos_2019-Q2_Detail.pdf

The Martin County townhouse and condo market had considerably weaker sales activity when compared to last year in the second quarter of 2018.  Prices, though, continued to rise rapidly.  The inventory of available properties has improved from last year.

To view the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

Martin County Townhouses and Condos 2019 2’nd Quarter Report

Bahia Sound Hobe Sound August 2019 Market Report

08.14.19 by

Bahia Sound Hobe Sound August 2019 Market Report

There are no homes for sale in Bahia Sound in Hobe Sound for August 2019.

There are also no homes currently under contract.

4 Bahia Sound homes have sold in the past 12 months.  The sales prices ranged from $400,000 up to $520,000.   This is an average sales price of $478,250 which works out to $194.28 per square ft. of living area.  These homes were on the market for an average of 62 days prior to going under contract and sold for 97% of list price.

About Bahia Sound in Hobe Sound:

Bahia Sound in Hobe Sound

The gated community of Bahia Sound is located on both the east and west sides of Gomez Avenue in Hobe Sound FL. This community has only 51 home sites. Homes have been built from 1990 to 2015 and as of this writing (July 2017), there are still 6 vacant lots. These homes are on lots of around 1/4 to 1/3 of an acre and range in size from 4 bedrooms, 3 bathroom homes of around 3,400 sq. ft. of living area down to 3 bedrooms, 2 bathroom homes of just over 2,000 sq. ft. Most homes are single-story, however, there are a number of 2 story homes. There was no preferred builder so all of these homes are individual and unique.

Bahia Sound in Hobe Sound Bahia Sound in Hobe Sound

There is a boardwalk through the preserve area to a private dock area as well as kayak/canoe storage. There are only a limited number of docks available and those with deeded docks have the ability to sell these docks to other Bahia Sound owners.

Bahia Sound in Hobe Sound Bahia Sound in Hobe Sound

Children are currently zoned to attend the Hobe Sound Elementary School, Murray Middle School, and the South Fork High School.

Bahia Sound in Hobe Sound Bahia Sound in Hobe Sound

This community is located next to the Jimmy Graham Park and is only 5 miles +/- to Jupiter Inlet or St. Lucie Inlet as well as 10 min to Pecks Lake by boat.  There’s easy access to US-1 and either the City of Stuart or south to the town of Jupiter for entertainment, fine restaurants, movies, and first-class medical facilities.

Search for Bahia Sound Homes for sale

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Search for Hobe Sound Homes for sale:

Bahia Sound Hobe Sound August 2019 Market Report

Martin County Single Family Homes 2019 2’nd Quarter Report

08.13.19 by

Martin County Single Family Homes 2019 2’nd Quarter Report

Click the image below to view the full details of the Martin County single-family homes market report data as reported by Martin County Realtor for the 2’nd Quarter 2019.

Martin County Single Family Homes 2019 2'nd Quarter Report

The Martin County single family home market showed improved sales volume when compared to the first quarter of 2018, last year.   Prices were mixed with the average sales price declining and the median sales price rising.  Though, it remains an active market.

To view the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

Martin County Single Family Homes 2019 2’nd Quarter Report

Oceanrise Condo Real Estate Market Report for August 2019

08.13.19 by

Oceanrise Condo Real Estate Market Report for August 2019

For August 2019 there is 1 condo available for sale in the Oceanrise Condominiums on Hutchinson Island in Jensen Beach FL.  The list price is $340,000 or $313.08 per square foot of living area.

There are also no condos currently under contract (pending sales).

In the past 12 months, 5 Oceanrise condos have sold.  Sales prices ranged from $230,000 up to $310,000 for an average sales price of $260,090 which works out to $254.74 per sq. ft. of living area.  These condos averaged 33 days on market before going under contract and sold for 92% of list price.

About the Oceanrise Condos in Jensen Beach:

Oceanrise on Hutchinson Island in Jensen Beach

Located just north of Waveland Beach in Jensen Beach on Hutchinson Island, Oceanrise is a 7 story building that was opened for sale in 1979.  All the residences in Oceanrise are 2 bedrooms, 2 bathrooms with one exception for a corner penthouse double unit which has 2042 sq. ft. of in the unit living area.  The other 68 homes have either 1,086 or 1,021 sq. ft. of living area and additional balcony space.

Oceanrise Condos in Jensen Beach Oceanrise Condos in Jensen Beach

Sorry, no pets are allowed in Oceanrise, but rentals are permitted with a 3-month minimum stay restriction.

Oceanrise Condos in Jensen Beach Oceanrise Condos in Jensen Beach

Residents can enjoy the heated pool and their own private access to the beach.  There are also shuffleboard courts as well as a clubhouse and BBQ grill area.

Oceanrise Condos in Jensen Beach Oceanrise Condos in Jensen Beach

Click here to search for available Oceanrise Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Oceanrise Condo Real Estate Market Report for August 2019

Florida Townhouses and Condos 2019 2’nd Quarter Report

08.12.19 by

Florida Townhouses and Condos 2019 2’nd Quarter Report

Click the image below to view the full details of the Florida Townhouses and Condos 2019 2’nd Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2019 2'nd Quarter Report

Sales volume was lower for the second quarter of 2019 when compared to the same period in 2018.  Prices were mixed for the quarter with the median price increasing while the average price declined slightly.

To view the full report, click on the image above or this link.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2019 2’nd Quarter Report

Mariner Cay August 2019 Market Report

08.10.19 by

Mariner Cay August 2019 Market Report

There are 3 properties on the market in Mariner Cay in Stuart FL for August 2019.  List prices range from $289,888 up to $299,000. Only condos available at this time.   This is an average list price of $295,963 or $207.01 per sq. ft. of living area.

There are 3 condos under contract at this time and no homes.  The last list prices were from $248,000 up to $279,888.  This works out to an average list price of $259,263 which is $171.13 per sq. ft. of living area.  These homes and condos were on the market for an average of 18 days before going under contract.

In the past 12 months, 8 properties have sold in Mariner Cay.  They were equally divided between homes and condos with 4 homes and 4 condos having sold.

Condo sales prices ranged from $220,000 up to $325,000.  This equals an average sales price of $250,000 which works out to $154.12 per sq. ft. of living area.  These condos averaged 130 days on market before going under contract and sold for 94% of the last listed price.

Home sales prices ranged from $724,000 up to $2,275,000.  This works out to an average sales price of $1,162,250 which equals $322.07 per sq. ft. of living area.  These homes averaged 284 days on market before going under contract and sold for 90% of the last listed price.

About Mariner Cay Homes and Condos:

Mariner Cay in Stuart Florida

Mariner Cay Homes and Condos for Sale:

Why should you look into Mariner Cay real estate? The real estate market has much to offer in today’s economy. That is why a great deal of time and effort must be put into searching for the best option available. When it comes to options available Mariner Cay waterfront homes have so much to offer. This wonderful community located along what is referred to as the Treasure Coast of Florida in Martin County is appealing for many different reasons.

Mariner Cay in Stuart Florida

Florida’s subtropical and tropical climate makes many seasonal activities year round. In addition, many other choices are added to the extensive list of pursuits in recreation, entertainment, and outdoor adventures. With all the water the beaches are a must for an inexpensive form of pleasure and relaxation. Hand in hand with the water comes fishing. Martin County is home to a long list of fishing tournaments, boating activities, and other related hobbies. Mariner Cay real estate provides an access point into this intriguing world of water through the Mariner Cay marina. Situated in the Manatee Pocket in Stuart Florida the marina is a short distance from St. Lucie Inlet and the crossroads of the Southeast Florida water-ways. The marina allows you to take advantage of the 60-mile span between its location and the Grand Bahamas Island if you are one with an adventurous spirit. The marina exemplifies the attention to details seen throughout the Mariner Cay real estate properties.

Mariner Cay real estate Stuart FL

For instance, the marina offers:

  • 90% of Mariner Cay slips are available to the public
  • 51 slips that accommodate boats up to 80 feet and 6 ft. draft
  • Annual, monthly and daily (transient) slips available
  • Approximately 100′ of face dock dedicated to transient boaters
  • Refueling dock with non-ethanol gas and diesel
  • Electricity (30 & 50 amp) and water (good quality) at each slip
  • Sanitary Pump-out
  • Restrooms, showers and washer/dryer facilities
  • Soft drinks and ice
  • Swimming pool adjacent to the marina
  • Gated 7/24 security with roving night-time guards
  • ATM, banks, and grocery shopping close by
  • At least five restaurants within easy dinghy ride
  • Boat works, one do it yourself, available on Manatee pocket
  • Free High-Speed Internet and 24/7 Wi-Fi.

With a marina like this, it is no wonder Mariner Cay real estate has exclusive waterfront estates as well as waterfront townhouses and condos. A beautiful yacht club with dockage comes with the properties benefits. Mariner Cay real estate offers amenities like       Mariner Cay real estate Stuart FL

  • community pool
  • tennis courts
  • fitness center
  • cabana
  • and so much more

With this great Stuart location, Mariner Cay real estate is close to it all. When you start asking yourself about the differences in waterfront communities give us a call. We will show you the differences and special features that come along with the amazing Mariner Cay real estate offers.

Mariner Cay real estate Stuart FL

Search Mariner Cay Real Estate

Mariner Cay August 2019 Market Report

Florida Single Family Homes 2019 2’nd Quarter Report

08.09.19 by

Florida Single Family Homes 2019 2’nd Quarter Report

Click the image below to view the full details of the Florida Single Family Homes 2019 2’nd Quarter Report as reported by Florida Realtors.

Florida Single Family Homes 2019 2'nd Quarter Report

The second quarter of 2019 for Florida single family homes had improved activity when compared to last year.  Both sales and prices had improved results.

To view, the full report click the image above or this link.

View the entire set of data at GabeSanders.com market data page.

Florida Single Family Homes 2019 2’nd Quarter Report

Holly Creek August 2019 Market Report

08.09.19 by

Holly Creek August 2019 Market Report

There is only 1 home for sale in Holly Creek in Jensen Beach FL at this time.  This townhome was listed for $199,900 which is $125.96 per sq. ft. of living area.

There is 1 home currently under contract in Holly Creek.  The list price was $199,900 or $156.29 per sq. ft. of living area.  This home was on the market for 62 days before going under contract.

In the past 12 months, 11 homes and townhomes have sold in Holly Creek. Sales prices ranged from $151,000 up to $250,000.  This works out to an average sale price of $201,318 which is $138.75 per sq. ft. of living area. These homes averaged 35 days on the market before going under contract and sold for an average of 93% of the listed price.

About Holly Creek in Jensen Beach FL:

Holly Creek in Jensen Beach FL

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.

Holly Creek in Jensen Beach FL

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

Holly Creek in Jensen Beach FL

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 in Jensen Beach FL

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.

Holly Creek in Jensen Beach FL

Search for Holly Creek Homes and Town Homes for Sale

the Gabe Sanders real estate team Jensen Beach Florida Real Estate

 

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

 

Holly Creek August 2019 Market Report

St Lucie County Townhouses and Condos June 2019 Market Report

08.08.19 by

St Lucie County Townhouses and Condos June 2019 Market Report

The St Lucie County Townhouses and Condos market for June 2019 continued with the second month of weaker sales activity.  Closed sales were down by 4.6% from last year (were down by 17.7% in May) while new pending sales were down by 5.8% for June (they were up by 11.7% in May).

Prices, though, rose for June.  The median price increased by 10.4% from last year (was down by 5.4% in May) while the average sales price increased by 4.2% (was down by 0.9% in May).

The inventory of available townhouses and condos decreased by 42 units from last month to 545 units, which is still 4.0% greater than June 2018. The current inventory is 5.4 months, as compared to 5.2 months of inventory last year.  The St Lucie County townhouses and condos market slipped back into a slight seller’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos June 2019 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos June 2019 Market Report

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.

St Lucie County Townhouses and Condos June 2019 Market Report

Oceana South Condos August 2019 Market Report

08.08.19 by

Oceana South Condos August 2019 Market Report

As of August 2019, there is 1 condo for sale in Oceana South on Hutchinson Island in Jensen Beach FL.  This condo is listed for $269,000 which is $262.95 per sq. ft. of living area.

There is 1 condo currently under contract.  The list price was $289,900 or $283.38 per sq. ft. of living area.  This condo was on the market for only 10 days before going under contract.

In the past 12 months, 3 condos have sold.  Sales prices ranged from $207,000 up to $300,000.  This works out to an average sales price of $254,667 which equals $240.28 per sq. ft. of living area.  These condos were on the market for an average of 79 days before going under contract and sold for 96% of list price.

About the Oceana South Condos on Hutchinson Island in Jensen Beach:

Oceana South Condos in Jensen Beach

View all Oceana Condos for sale on Hutchinson Island in Jensen Beach FL:

The Oceana South Condo building on Hutchinson Island in Jensen Beach FL was completed in 1982.  This is a direct oceanfront building with 126 units in 12 stories.  Oceana South has two pools, Jacuzzi, tennis courts, exercise room, billiards, clubhouse, picnic area, car wash and is a gated complex with direct access to your own beach.

Oceana South Condos in Jensen Beach Oceana South Condos in Jensen Beach

Condo sizes vary from corner units with wrap-around balconies that have 2 bedrooms and 2 bathrooms and feature 1,119 sq. ft. of living area under air, while the interior 2 bedroom, 2 bath condos have 1,023 sq. ft. with smaller balconies.  There are also 1 bedroom, 2 bath units with 89 sq. ft. of living area.  One lucky owner does have a penthouse double unit with 2,142 sq. ft. with 3 bedrooms and 3 baths.

Oceana South Condos in Jensen Beach Oceana South Condos in Jensen Beach

Condo fees as of the time this information was written (July 2019), are $497 per month.  These fees include building insurance, reserve funds, management and use of all the common areas.  1 pet under 30 lbs. is permitted (or two pets of 15 lbs. or less) and rentals are allowed with a minimum lease duration of three months.

Oceana South Condos in Jensen Beach Oceana South Condos in Jensen Beach

Oceana South is an excellent choice for those wishing to escape the harsh northern winters and enjoy a relaxing beach lifestyle with wonderful friendly neighbors.

Search here for currently available Oceana South Condos in Jensen Beach

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Oceana South Condos August 2019 Market Report

St Lucie County Single Family Homes June 2019 Market Report

08.07.19 by

St Lucie County Single Family Homes June 2019 Market Report

For June 2019 in the St Lucie County Single Family Home Market sales activity when compared to last year. Closed sales were up by 13.6% (in May they were up by 1.8%) and new sales under contract (new pending sales) increased by 5.4% (they were up by 5.7% last month).

Prices were also up for the month.  The median sales price was up by 4.6% (was up by 4.9% in May).  The average sales price was up by 4.7% (it was down by 0.7% in May).

The number of available home listings decreased by 115 homes to 1,827 homes.  This inventory is still 20.7% higher than last year.  The current supply of homes is 4.0 months (it was 3.3 months last year).  The St Lucie County single-family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes June 2019 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes June 2019 Market Report

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.

St Lucie County Single Family Homes June 2019 Market Report

Martin County Townhouses and Condos June 2019 Market Report

08.06.19 by

Martin County Townhouses and Condos June 2019 Market Report

The Martin County Townhouses and Condos June Market Report shows weaker sales activity when compared to last year.  Closed sales for the month were down by 17.1%.  They were down by 17.3% in May.  While new sales under contract (new pending sales) were down by 2.2% from June 2018.  They also decreased by 13.1% in May.

Prices, though, continue to rise at surprisingly strong rates.  The median sales price increased by 25.1% (was up by 10.2% in May) while the average sales price increased by 32.5% (was up by 5.1% in May).

The inventory of available townhouses and condos decreased by 37 units to 394 properties.  This is still a 9.7% greater inventory then we had for in June 2018.  Currently, there’s a 4.3 month supply of inventory (compared to 3.5 months for June 2018).  Remaining in a seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos June 2019 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos June 2019 Market Report

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.

Martin County Townhouses and Condos June 2019 Market Report

Islander 12 Condos Real Estate Market Report August 2019

08.06.19 by

Islander 12 Condos Real Estate Market Report August 2019

For August 2019, there are no condos available for sale in the Islander 12 condo community of Hutchinson Island in Stuart FL.

There is one condo currently under contract.  The list price was $369,000 which equals $271.32 per sq. ft. of living area.  This condo was on the market for 43 days before going under contract.

In the past 24 months, there have been 3 sales in the Islander 12 condo complex.  These condos sold for prices ranging from $305,000 up to $310,000 which is an average sales price of $308,000 or $246.60 per sq. ft. of living area.  These condos were on the market for an average of 194 days before going under contract.  They sold for an average of 92% of list price.

About the Islander 12 Condos on Hutchinson Island:

Islander 12 Condos on Hutchinson Island

View Hutchinson Island Condos for sale in Martin County FL:

The Islander 12 Condos of Hutchinson Island in Stuart FL is a small condo community of only 12 units that were built in 1973.  This direct Ocean access condo community features 2 bedrooms, 2 bath condos varying in sizes from 1,360 sq. ft.  to 1,108 sq. ft. of living area.

Islander 12 Condos on Hutchinson Island Islander 12 Condos on Hutchinson Island

The Islander 12 has direct Ocean access across the Dunes and a heated pool.  Each unit has under-building parking for 1 car with additional uncovered spaces for guests or additional vehicles.

Islander 12 Condos on Hutchinson Island

This is a pet-friendly building and rentals are also allowed.  The current Condo association fees are $607 per month (June 2019).

Located close to the Stuart Causeway, Publix supermarket, downtown Stuart.

Islander 12 Condos on Hutchinson Island Islander 12 Condos on Hutchinson Island

Search here for any Islander 12 Condos for Sale in Stuart FL

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider:

Angler Cove – Beachwood Villas – Buttonwood – Dune Condominium – Fairwinds Cove – Green Turtle Cove – Hutchinson House – Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Little Ocean Place – Maritimes – Ocean View – Sailfish Point – Sandpebble – Seaside – Suntide

 Islander 12 Condos Real Estate Market Report August 2019

Duckwood Real Estate August 2019 Market Report

08.05.19 by

Duckwood Real Estate August 2019 Market Report

For August 2019, there is 1 home for sale in Duckwood in Stuart FL.  This home is listed for $239,900 or $137.40 per sq. ft. of living area.

There is also one home currently under contract.  This home had a list price of $275,000 which equals $172.96 per sq. ft. of living area. It was on the market for 71 days before going under contract.

In the past 12 months, 3 homes have sold in Duckwood.  Sales prices ranged from a low of $239,000 up to a high of $258,000.  This is an average sales price of $245,667 which works out to $141.51 per sq. ft. of living area.  These homes were on the market for an average of 82 days before going under contract and sold for 97% of list price.

 About Duckwood in Stuart FL:

Duckwood in Stuart FL

The Duckwood community of Stuart FL is an active senior community in the southern part of unincorporated Stuart, just south of Cove Rd and west of US-1 (Federal Highway) adjacent to the Summerfield community and the Champions Golf Club.

Duckwood in Stuart FL Duckwood in Stuart FL

Duckwood has 140 single family homes of various sizes and shapes ranging from just over 2,000 sq. ft. with 3 bedrooms and 2 bathrooms down to under 1,000 sq. ft. of living area with 2 bedrooms and 2 bathrooms.  Homes in Duckwood were built between 1986 and 1990.

Duckwood in Stuart FL Duckwood in Stuart FL

Duckwood is one of Stuart’s most sought after 55+ communities! This community features a wonderful clubhouse on the lake with community pool, billiard room, hobby shop, bocce ball & shuffleboard! Set among the tall pines, Duckwood offers the privacy & feel of country living, all within minutes of shopping, I-95 & the beaches! You will feel like you have stepped back in time with Duckwood’s neighborhood feel! This comes with a low HOA fee of $103 a month (as of July 2016).  Pets and rentals are permitted with some restrictions.

Click here to see if any Duckwood homes are available to purchase

Duckwood Real Estate August 2019 Market Report

Florida Townhouses and Condos June 2019 Market Report

08.02.19 by

Florida Townhouses and Condos June 2019 Market Report

The Florida Townhouses and Condos Market Report for June 2019 had weaker sales activity when compared to last June.  Closed sales were down by 9.4% as compared to last month’s increase of 1.6% and new sales under contract (new pending sales) decreased by 1.5% (In May there was a 0.5% increase).

Prices were mixed for the month of June.  The median sales price was up by 2.6% (was up by 3.7% in May), while the average sales price decreased by 4.0% (was down 1.2% in May).

The inventory of active listings increased by 4.6% from June of last year.  We now have 5.7 months of inventory as compared to 5.5 months for June 2018.  Remaining in a slight seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos June 2019 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos June 2019 Market Report

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.

Florida Townhouses and Condos June 2019 Market Report

Florida Single Family Homes June 2019 Market Report

08.01.19 by

Florida Single Family Homes June 2019 Market Report

The Florida Single Family Homes Market Report for May 2019 had a slightly lower closed sales volume than last year but pending sales improved which could mean better closed volume for the near future.  The closed sales numbers were down by 1.9% (were up by 9.6% in May) and new sales under contract (new pending sales) were up by 4.9% (were up by 5.0% in May).

Prices were mixed for June.  The median sales price rose by 3.8% (it was up by 4.3% in May) and the average sales price was down by 0.3% (it was up by 2.6% last month).

The inventory of available homes for sale increased by 2.0% from last year.  This is a 3.9 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (June 2018 also had a 3.9 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes June 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes June 2019 Market Report

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 2019 Florida Single Family Homes Market Report

Hobe Sound FL 33455 Condo Market Report June 2019

07.31.19 by

Hobe Sound FL 33455 Condo Market Report June 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for June 2019

For June 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 12 active condo listings. (Up by 3 condos from May)

Hobe Sound FL 33455 Condo Market Report June 2019

3 Condos are pending and awaiting close. (Unchanged from May)

Hobe Sound FL 33455 Condo Market Report June 2019

1 Condo sold in June. (Down by 2 condos from May)

Hobe Sound FL 33455 Condo Market Report June 2019

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Even with these small number of available condos for sale, the activity remains strong.  This month was slow for closed sales but with an increase in inventory, I expect better results in the coming months.

The absorption rate for Hobe Sound condos was 12 months for June (it was 3.0 months for May).  Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes in percentages that do 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 June 2018 numbers were: 4 active listings, 5 pending sales, and 3 closed sales.  A better volume of sales and pending sales last year.  TThere is a little greater inventory of condos this year.

Hobe Sound FL 33455 Condo Market Report June 2019

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

Hobe Sound 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.

Hobe Sound FL 33455 Condo Market Report June 2019

Savanna Oaks July 2019 Market Report

07.31.19 by

Savanna Oaks July 2019 Market Report

For July 2019 there is only one home available for sale in Savanna Oaks in Jensen Beach FL.  This home has a list price of $799,999 or $189.75 per sq. ft. of living space.

There are no homes currently under contract.

In the past 12 months, 2 Savanna Oaks homes have sold.  Sales prices were $520,000 and $545,000.  This equals an average sales price of $532,500 which is $141.32 per sq. ft. of living space. These homes were on the market for an average of 329 days before going under contract.  They sold for 98% of list price.

Savanna Oaks in Jensen Beach FL

Savanna Oaks in Jensen Beach FL

24 home sites on Savanna Road just north of Jensen Beach Blvd.   This is an upscale gated community with fairly high elevation (by Florida standards).

Savannah Oaks in Jensen Beach FL

Home is Savanna Oaks are mostly two stories with 3,000 to over 7,000 sq. ft. of living area and a minimum of 2 car garages.

Savannah Oaks in Jensen Beach FL

The HOA fees are $425.00 a month (as of March 2019) make Savanna Oaks a very desirable new community which is ideal for families.  Located only 2 miles from the beaches and only one mile to the Intracoastal as well as 2 miles to the Treasure Coast Mall as well as close proximity to both the elementary and high schools which are both ‘A’ rated.

Savannah Oaks in Jensen Beach FL

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Savanna Oaks July 2019 Market Report

Hobe Sound FL 33455 Residential Market Report June 2019

07.30.19 by

Hobe Sound FL 33455 Residential Market Report June 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for June 2019

  For June 2019 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 219 active listings. (Down by 6 homes from May)

Hobe Sound FL 33455 Residential Market Report June 2019

67 Residential sales are pending and awaiting close  (Down by 15 homes from May)

Hobe Sound FL 33455 Residential Market Report June 2019

53 Homes Sold in June (Down by 34 homes from last month)

Hobe Sound FL 33455 Residential Market Report June 2019

The Hobe Sound Florida Market Report ZIP Code 33455 returned to a much more sustainable market after a super hot May.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.1 months (It was 2.6 months in May).  Remaining in a seller’s market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for June 2018 were: 192 active listings, 80 pending sales, and 49 closed sales.  Slightly better closed sales volume this year but a considerably poorer showing for pending sales.  We do have a greater inventory of Hobe Sound homes available for sale.

Hobe Sound FL 33455 Residential Market Report June 2019

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

Hobe Sound FL 33455 Residential Market Report June 2019

Miles Grant Condos July 2019 Market Report

07.30.19 by

Miles Grant Condos July 2019 Market Report

For July 2019 there are 6 condos available to purchase in the Miles Grant community of Stuart, FL in Rocky Point.  These condos had list prices ranging from $79,900 up to $199,900.  This equals an average list price of $144,350 which works out to $121.28 per sq. ft. of living area.

There are two condos currently under contract.  The list prices were $98,900 and $142,000.  This is an average list price of $120,450 or $114.63 per sq. ft. of living area.  These condos were on the market for an average of 17 days before going under contract.

In the past 12 months, 27 Miles Grant condos have sold.  Sales prices ranged from $74,500 up to $152,000.  This works out to an average sales price of $118,276 which equals $102.41 per sq. ft. of living area.  These homes averaged 34 days on the market before going under contract and sold for 96% of list price.

About Miles Grant Homes and Condos in Stuart FL

Miles Grant in Stuart FL

The Miles Grant community lies on the southern edge of the Rocky Point area of Stuart FL just north of Cove Road and very close to the Saint Lucie inlet and the Intracoastal Waterway.  This community is home to the Miles Grant Country Club.  The Miles Grant Golf Course is a par 64 course with some of the best conditions for golfers available in the local area.  There’s also 7 tennis courts and an active tennis club.  A full-service clubhouse with dining facilities and social membership.  More information about the Miles Grant Country Club can be found on their web site at www.MilesGrant.net.

Miles Grant in Stuart FL

Associated with the Country Club are the condos, townhouses, and homes making up the Miles Grant community.  These include the two phases of the Miles Grant Condominiums Phase 1 and Phase 2, Hanson’s Landing condos, River Pines townhouses, Fairway Villas of Miles Grant, Pine Breeze Golf Villas, Lakeside Villas of Miles Grant, Country Club Apartments, and Country Club Cove.

Miles Grant in Stuart FL

Most of these homes and condos were built between the years of 1973 and 1979.  As of July 2019, HOA fees ranged from $267.00 up to $297.00 a month for the condos in Phase I and II.  The Country Club apartments fees are $273.00 a month. The Pine Breeze golf villas had a $185.00 a month fee.  Fairway Villas was $300.00 a month. The Lakeside Villas are $135.00 a month. Country Club Cove has a $105.00 a month fee.  Hansons Landing condos are at $355.00 a month.  And, finally, the River Pines townhomes have a $200 a month fee.

Miles Grant in Stuart FL

Social membership in the Miles Grant Country Club is mandatory with the exception of Hansons Landing, River Pines, and Country Club Cove condos where it is optional.  This membership costs $1480.00 a year with a food and drinks minimum of $350 per person.

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Country Club Cove

Miles Grant Condos July 2019 Market Report