January 2014 Monthly Market Detail Florida Townhouses and Condos

02.25.14 by

January 2014 Monthly Market Detail Florida Townhouses and Condos

For the January 2014 Monthly Market Detail Florida Townhouses and Condos for the state of Florida a mostly positive result to begin the year as compared to the start of 2013.   Though more positive results than they were for last month.   Year to year closed sales were up by 9.3% as compared to last months decrease of 2.5% and new sales under contract (new pending sales) decreased by 6% (December’s decrease was 8.7%).

January 2014 Monthly Market Detail Florida Townhouses and Condos 

Both median and average sales prices were up (year to year) by 17% and 21% respectively.  Very significant gains.

Inventory rose for the third month in a row, by 3.5%.  If the inventory keeps rising, I expect to see some increases in the sales volume and a leveling off or a moderation to the pretty dramatic price increases we’ve experienced last year.

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:  January 2014 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.

January 2014 Monthly Market Detail Florida Townhouses and Condos

January 2014 Monthly Market Detail Florida Single Family Homes

02.24.14 by

January 2014 Monthly Market Detail Florida Single Family Homes

The January 2014 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors began 2014 with all positive results as compared to the start of 2013.  Both closed and pending sales were up.   Year to year closed sales were up by 10.2% (was up by 8.6% in December) and new sales under contract (new pending sales) increased by 0.7% (was down by4.2% in December).

January 2014 Monthly Market Detail Florida Single Family Homes

Both median and average sales prices were up ( January 2013 to January 2014) by 12.1% and 19.9% respectively.   Very good results compared to the past few months when values increased, but at a much slower rate.

The inventory of available homes for sale increased by 15% from last year.  This is now the fourth month of increased inventory.  This increase is a direct result of rising prices as many home sellers have been waiting on the side lines for improved values.  We do need to watch that inventory levels don’t rise so much as to have a negative effect on prices (law of supply and demand).  It does appear that even with the increasing inventory the traffic for the new year is quite high and I expect some strong results for next month.

Click here to view or download the full report:
January 2014 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.

January 2014 Monthly Market Detail Florida Single Family Homes

February 2014 Market Update for Fairwinds Cove Condos in Jensen Beach

02.07.14 by

February 2014 Market Update for Fairwinds Cove Condos in Jensen Beach

Fairwinds Cove Condos in Jensen Beach, FL., Market Update for February 2014:


There are currently 5 active listings on the market ranging in price from $155,000 to $198,000 for an average of $156.18 per square ft. of living area.  None of these sales are distressed properties (short sales, foreclosures and/or bank owned).

There are no condos under contract at this time.

In the past 12 months, 11 condos have sold ranging in sales prices from $112,000 to $205,000 with an average price per square foot of $137.17 and a list to sales price ratio of 93%.   There were 3 bank owned foreclosures in these sales.

Fairwinds Cove Condos in Jensen Beach

Aerial View of Fairwinds Cove


Fairwinds Cove Condos in Jensen Beach

Entrance to Fairwinds Cove

 

Located in beautiful Jensen Beach, Florida on the East side of the Jensen Beach Causeway is Fairwinds Cove.  A waterfront condo complex of 10 four story buildings with only 4 suites per floor.  Many of these condos with wonderful sweeping views of the Indian River (the Intracoastal Waterway that runs through Martin County).
 
Fairwinds Cove Condos in Jensen Beach

Pool at Fairwinds Cove

Fairwinds Cove Condos in Jensen Beach

Docks of Fairwinds Cove

This condo complex built in multiple phases from 1974 to 1983 boasts two swimming pools, tennis courts, shuffleboard, waterside walking paths, a recently refurbished clubhouse with full kitchen, meeting room, fitness room, billiards and more.  Fairwinds Cove also has deeded docks with great access to fishing, water sports and only a few minutes to the crystal clear waters of the Atlantic Ocean.

Fairwinds Cove Condos in Jensen Beach

Fairwinds Cove

Fairwinds Cove is a non-age restricted community that allows one small pet.  There is a strong sense of community with many long time seasonal and full time residents.  Located within an easy walk to the beach and just a short drive to charming downtown Jensen Beach  as well as the many amenities offered in Martin County, Florida.

Fairwinds Cove Condos in Jensen Beach

Fitness Room of Fairwinds Cove

 

December 2013 Monthly Market Detail St Lucie County Townhouses and Condos

01.31.14 by

December 2013 Monthly Market Detail St Lucie County Townhouses and Condos

Unfortunately the December 2013 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors showed another month of decreasing sales volume as compared to last year.  This is now four months in a row.  This is one of the most under performing sectors in the Treasure Coast and Florida in general for volume.   Year to year closed sales were down by 19.4% (was down by 17.5% in November) while new sales under contract (new pending sales) decreased by 29.1% (was  down by 5.4% in November

Though values were considerably higher this year with the median sales price up by 37.1% (up 40% in November) and the average sales price rose by 38.8% (was up by 31.4% in November).

December 2013 Monthly Market Detail St Lucie County Townhouses and Condos

The inventory of available townhouses and condos decreased from last month to 841 units which is a decrease of 11.1% from last December.  Current supply of inventory remained unchanged from last month to 8.8 months (still an 8.3% decrease from last year).   Unfortunately the low inventory along with the rapid increase in values is hurting the volume of condo and townhouse sales in St. Lucie County.  Once inventory starts to rise, I expect the volume to pick up as well.

 Click here to view or download the full report:
December 2013 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.

December 2013 Monthly Market Detail St Lucie County Townhouses and Condos

December 2013 Monthly Market Detail St Lucie County Single Family Homes

01.30.14 by

December 2013 Monthly Market Detail St Lucie County Single Family Homes

December 2013 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors closed out 2013 with some weaker than expected activity in terms on volume, though most other statistics are quite positive year to year.  Closed sales were  from last year were down by 6.9% (in November they were up by 3.3%) and new sales under contract (new pending sales) decreased by 30% (they were down by 23.9% last month).

Both median and average sales prices were up (year to year) by 19.2% and 12% respectively year to year. 

December 2013 Monthly Market Detail St Lucie County Single Family Homes

 

The inventory of active listings rose in December (from last month) to 2224 homes, also an increase of 11.9% from last year.  Current supply of inventory is only 5.2 months (a 4.1% increase from last year).   Still a strong sellers market for Saint Lucie County single family homes for sale.  Though the pace seems to be slacking a bit.

Please click on the links below to read the full Saint Lucie County single family market detail:

 

Click here to view or download the full report:
December 2013 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.

December 2013 Monthly Market Detail St Lucie County Single Family Homes

December 2013 Monthly Market Detail Martin County Townhouses and Condos

01.29.14 by

December 2013 Monthly Market Detail Martin County Townhouses and Condos

December 2013 Monthly Market Detail Martin County Townhouses and Condos report ended the year with some signs of a slowing momentum, but still very good overall results from previous years.   I’m seeing some quite impressive price gains for the year along with a continued shrinking inventory making sustained activity difficult for this segment of the market.  Year to year closed sales were down by 9% (down by 6.4% in November) while new sales under contract (new pending sales) increased by 8.1% (was down 1% in November).

The median sales price increased by an impressive 45% (was down by 0.2% in November) while the average sales price increased by 10.4% (was down 26.7% in November) as compared to December of 2012.December 2013 Monthly Market Detail Martin County Townhouses and Condos

 

 The inventory of available townhouses and condos has decreased by 1 unit to 623 units from last month, down from December 2012 inventory by 17.5%.  Current supply of inventory is 6.3 months (a 27.9% decrease from last year).  Finishing 2013 in a balanced market.

 

 Click here to view or download the full report:
December 2013 Monthly Market Detail Martin County Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

December 2013 Monthly Market Detail Martin County Townhouses and Condos

December 2013 Monthly Market Detail Martin County Single Family Homes

01.28.14 by

December 2013 Monthly Market Detail Martin County Single Family Homes

The December 2013 Monthly Market Detail Martin County Single Family Homes as reported by Florida Realtors showed a strong finish to the end of 2013. In fact, Martin County residential sales of single family homes has outperformed the state average for the second month in a row in volume.   Closed sales were up by 17.8% (was 33.8% in November) and new sales under contract (new pending sales) increased by 9.5% (decreased by 4% in November).

The median sales price was up by 7.2% from last year while unfortunately the average price took a steep hit at a decline of 24.1%.

December 2013 Monthly Market Detail Martin County Single Family Homes

The inventory of available single family homes decreased from November to 1253 units, but this is a 2.7% increase from last December.  Current supply of inventory is only 6.5 months (a 14% decrease from last year).  We continue to be in a balanced market for residential sales in Martin County.  Very positive results for our market.

Please look at the full Martin County single family market detail by clicking on the links below:

 

Click here to view or download the full report:
December 2013 Monthly Market Detail Martin 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.

December 2013 Monthly Market Detail Martin County Single Family Homes

December 2013 Monthly Market Detail Florida Townhouses and Condos

01.27.14 by

December 2013 Monthly Market Detail Florida Townhouses and Condos

For the December 2013 Monthly Market Detail Florida Townhouses and Condos for the state of Florida a second relatively weak month as compared to the end of 2012.  Though a bit improved from last month’s numbers.  Year to year closed sales were down by 2.5% as compared to last months decrease of 7.1% and new sales under contract (new pending sales) decreased by 8.7% (November’s decrease was 10.2%).December 2013 Monthly Market Detail Florida Townhouses and Condos

 

Both median and average sales prices were up (year to year) by 17% and 4.1% respectively.

Inventory rose for the second month in a row, though only marginally by 1.6%.  If the inventory keeps rising, I expect to see some increases in the sales volume and a leveling off or a moderation to the price increases we’ve experienced this past year.

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:
December 2013 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.

December 2013 Monthly Market Detail Florida Townhouses and Condos

December 2013 Monthly Market Detail Florida Single Family Homes

01.24.14 by

December 2013 Monthly Market Detail Florida Single Family Homes

The December 2013 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors ended the year with mostly positive results as compared to 2012.  Both closed and pending sales were off.   Year to year closed sales were up by 8.6% (was down by 1.2 % in November) and new sales under contract (new pending sales) decreased by 4.2% (was down by 5.9% in October).

December 2013 Monthly Market Detail Florida Single Family Homes

Both median and average sales prices were up (December 2012 to December 2013) by 11.4% and 3% respectively.   Not quite as much of an increase as in previous months this year, but those kinds of increases were unsustainable.

The inventory of available homes for sale increased by 11.9% from last year.  This is now the third month of increased inventory.  I’ve written in the past that I was expecting this increase which is a direct cause of the easing of the price increases as the supply expands.  It does appear that even with the increasing inventory the traffic for the new year is quite high and I expect some strong results for next month.

Please look at the full detail report for the rest of the story:

Click here to view or download the full report:
December 2013 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.

December 2013 Monthly Market Detail Florida Single Family Homes

November 2013 Monthly Market Detail St Lucie County Townhouses and Condos

12.30.13 by

November 2013 Monthly Market Detail St Lucie County Townhouses and Condos

The November 2013 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors showed  the third month in a row of decreases in sales volume from last years numbers.   Year to year closed sales were down by 17.5% (was down by 12.7% in October) while new sales under contract (new pending sales) decreased by 5.4% (was  down by 13.6% in October

Prices continued to rise however, year to year, with the median sales price up by 40% (up 14.3% in October) and the average sales price rose by 31.4% (was up by 26% in October).

November 2013 Saint Lucie County Condo and TownhouseThe inventory of available townhouses and condos increased from last month to 852 units which is a decrease of 7.8% from last November.  Current supply of inventory rose slightly from last month to 8.8 months (still a 7.8% decrease from last year).   This segment of the market continues to be a buyers market and  unless there’s a moderation in the price increases, I see no change in the easing of the volume of closed and pending sales.

 Click here to view or download the full report:
November 2013 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.

November 2013 Monthly Market Detail St Lucie County Townhouses and Condos

November 2013 Monthly Market Detail St Lucie County Single Family Homes

12.29.13 by

November 2013 Monthly Market Detail St Lucie County Single Family Homes

The November 2013 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors has moderated in the past couple of months as compared to last years activity.   Closed sales were up 3.3% from last year  (in October they were unchanged)  and new sales under contract (new pending sales) decreased by 23.9% (they were down by 6.9% last month).

Both median and average sales prices were up (year to year) by 13.6% and 18.7% respectively year to year. November 2013 Saint Lucie County Single Family

The inventory of active listings rose in November (from last month) to 2213 homes, still down by 14.1% from last year.  Current supply of inventory is only 5.1 months (a 14.1% decrease from last year).  We’re still in a seller’s market for the St. Lucie County single family market, but some easing appears to be in progress.  With the significant rise in prices as well as increasing mortgage rates, the current trend will continue to level.  I expect to see a balanced market for the near future with slower price increase.

Please click on the links below to read the full Saint Lucie County single family market detail:

 

Click here to view or download the full report:
November 2013 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.

November 2013 Monthly Market Detail St Lucie County Single Family Homes

November 2013 Monthly Market Detail Martin County Townhouses and Condos

12.28.13 by

November 2013 Monthly Market Detail Martin County Townhouses and Condos

The November 2013 Monthly Market Detail Martin County Townhouses and Condos continues to showed some weakness of the year to year results.  This is the second month of mixed to poor results and mirrors some of the other counties as well as the state of Florida as a whole.  We are now well into our slower season, however we are comparing to last years results for the same period.   Year to year closed sales were down by 6.4% ( up by 1.1% in October) while new sales under contract (new pending sales) decreased by 1% (was down 36.2% in October).

The median sales price decreased by 0.2% (was up by 1.3% in October) while the average sales price dropped by 26.7% (was up 10.7% in October) as compared to November of 2012.November 2013 Martin County Condo and Townhouse

 The inventory of available townhouses and condos has increased to 624 units from last month, still under November 2012 inventory by 15.8%.  Current supply of inventory is 6.2 months (a 27.5% decrease from last year).  After several months of a seller’s market we are transitioning into a balanced market once again.  A balanced market is a healthy sign if it continues through the year.

 

 Click here to view or download the full report:
November 2013 Monthly Market Detail Martin County Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

November 2013 Monthly Market Detail Martin County Townhouses and Condos

November 2013 Monthly Market Detail Martin County Single Family Homes

12.27.13 by

November 2013 Monthly Market Detail Martin County Single Family Homes

The November 2013 Monthly Market Detail Martin County Single Family Homes as reported by Florida Realtors showed strong closed activity and a small weakening of pending activity. When compared to the results from the state of Florida, martin County is doing very well.   Closed sales were up by 33.8% (was 8.5% in October) and new sales under contract (new pending sales) decreased by 4% (Increase of 36.2% in October).

The median sales price was up by 5.2% from last year while unfortunately the average declined by 7.2%.November 2013 Martin County Single Family

The inventory of available single family homes increased this month to 1271 units but this is still down by 4.5% from last November.  Current supply of inventory is only 6.7 months (a 12.4% decrease from last year).  We are now in a balanced market for residential sales in Martin County.  Considering that this is typically the slower season for Martin County, I’m expecting a return to a sellers market once the holiday season is over.

Please look at the full Martin County single family market detail by clicking on the links below:

 

Click here to view or download the full report:
November 2013 Monthly Market Detail Martin 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.

November 2013 Monthly Market Detail Martin County Single Family Homes

November 2013 Monthly Market Detail Florida Townhouses and Condos

12.26.13 by

November 2013 Monthly Market Detail Florida Townhouses and Condos

The November 2013 Monthly Market Detail Florida Townhouses and Condos for the state of Florida showed a weakening of both closed and pending sales as compared to last year.  Year to year closed sales were down by 7.1% as compared to last months increase of 3.1% and new sales under contract (new pending sales) decreased by 10.2% (October’s decrease was 3.6%).

November 2013 Florida Condo and Townhouse

Both median and average sales prices were up (year to year) by 17.2% and 12.3% respectively.

For the first time in a while the inventory crept up slightly by 1.3%.  The reduced inventory is what is making prices rise as well as keeping sales volume down.  I expect both inventory and sales volume to increase in the coming year if the economic news continues to be positive.

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:
November 2013 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.

November 2013 Monthly Market Detail Florida Townhouses and Condos

November 2013 Monthly Market Detail Florida Single Family Homes

12.24.13 by

November 2013 Monthly Market Detail Florida Single Family Homes

The Florida real estate market showed some weakness for the November 2013 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors.  Both closed and pending sales were off.   Year to year closed sales were down by 1.2% (were up by 6.5 % in October) and new sales under contract (new pending sales) decreased by 5.9% (was up by 3.4% in October).

Florida Single Family

Both median and average sales prices were up (November 2012 to November 2013) by 13.3% and 7.1% respectively.   Not quite as much of an increase as in previous months this year, but those kinds of increases were unsustainable.

The inventory of available homes for sale increased by 10% from last year.  This is now the second month of increased inventory.  I’ve written in the past that I was expecting this increase which is a direct cause of the easing of the price increases as the supply expands. I would like to see the volume of closed sales be higher and with the current excellent economic news, I expect these numbers to go up soon.

Please look at the full detail report for the rest of the story:

Click here to view or download the full report:
November 2013 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.

November 2013 Monthly Market Detail Florida Single Family Homes

December 2013 market Update for Sugar Hill Jensen Beach

12.23.13 by

December 2013 market Update for Sugar Hill Jensen Beach

As of December 2013, there are 4 homes on the market in Sugar Hill in Jensen Beach, FL.  Listing prices range from $450,000 to $669,000 with an average of $184.62 per sq. ft. of living area. None of these listings are distressed properties.

Currently, no homes are under contract.

There have been 6 homes sold in the past 12 months in Sugar Hill.  Sales prices ranged from $290,000 to $455,000 for an average of $138.15 per sq. ft. of living area. There were no foreclosures or short sales in these sales.

Sugar Hill in Jensen Beach Florida

December 2013 market Update for Sugar Hill in Jensen Beach is an eye pleasing high elevation neighborhood filled with upscale homes in Jensen Beach. All homes have very spacious yards that are surrounded with gorgeous Florida foliage. Most homes are timeless architectural works of beauty! Houses range from 2 to 5 bedrooms and 2 to 5 bathrooms, so whatever size you are looking for, Sugarhill is sure to have it. The neighborhood is located just minutes from all that Jensen Beach has to offer, like the beautiful stretches of beach on Hutchinson Island, the fantastic shopping at the Treasure Coast Square Mall, many restaurants you are sure to love, and our ‘A’ rated schools for all grade levels!

Sugar Hill in Jensen Beach FloridaSugarhill has very reasonable HOA fees of only $500.00 per year.

Sugar Hill in Jensen Beach Florida

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

Sugar Hill in Jensen Beach Florida

 

Here are the currently available homes in December 2013 market Update for Sugar Hill in Jensen Beach

 

For any questions you may have about December 2013 market Update for Sugar Hill 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

December 2013 market Update for Sugar Hill Jensen Beach

December 2013 Market Update Sewalls Landing

12.05.13 by

December 2013 Market Update Sewalls Landing

As of December 2013, there are no homes available for sale in Sewalls Landing.

Also, no homes currently under contract (pending sales)

In the past 12 months, 3 Sewalls Landing homes have sold.  Sales prices ranged from $520,000 to $605,000 for an average sales price of $160.52 per sq. ft. and at a 91% list to sales ratio.  One of these sales was a short sale.

 Sewalls Landing Jensen Beach FL

 Sewalls Landing is located at the northern tip of Sewalls Point, FL in Martin County.  Officially it is in Jensen Beach, but many residents of Sewalls landing consider themselves part of Sewalls Point.   Just across the street from the Dolphin Bar and Grill and within walking distance of marinas, boat ramps, Indian Riverside Park and much, much more.
Sewalls Landing Jensen Beach FLThis gated community consists of 51 home-sites (including 3 lots that are still vacant).  Homes in Sewalls Landing were built from 1992 to 2008 and are situated on generous sized lots from just under ½ acre to over ¾ of an acre.  Home sizes range from 2,000 to over 5,000 square feet of living areas.  Many homes feature 3 car garages.  Residents enjoy low HOA fees of $110 per month.
 
Sewalls Landing Jensen Beach FL

Children attend Felix Williams Elementary, Stuart Middle and Jensen Beach High Schools.  Easy access to the beaches as it’s just about equidistant from both the Stuart and Jensen Beach Causeways.  Close to shopping and medical facilities as well.  This is a much sought after community in Martin County, FL. 

 Sewalls Landing Jensen Beach FL
 

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December 2013 Market Update Sewalls Landing

October 2013 Monthly Market Detail St Lucie County Townhouses and Condos

12.04.13 by

October 2013 Monthly Market Detail St Lucie County Townhouses and Condos

The October 2013 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors showed  a second month drop from last years numbers.   Year to year closed sales were down by 12.7% (was down by 28.6% in September) while new sales under contract (new pending sales) decreased by 13.6% (was  down by 18% in September

Prices continued to rise however, year to year, with the median sales price up by 14.3% (up 12.6% in September) and the average sales price rose by 26% (was up by 14.6% in September).October 2013 Monthly Market Detail St Lucie County Townhouses and Condos

The inventory of available townhouses and condos increased from last month to 835 units which is a decrease of 8% from last October.  Current supply of inventory is now 8.5 months (a 9.7% decrease from last year).   This segment of the market continues to be a buyers market and I anticipate some moderation in price increases in the coming months unless the sale volume picks up.

Please see the entire Saint Lucie County townhouse and condo market detail by clicking the links below:

 

Click here to view or download the full report:
October 2013 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.

October 2013 Monthly Market Detail St Lucie County Townhouses and Condos

October 2013 Monthly Market Detail St Lucie County Single Family Homes

12.03.13 by

October 2013 Monthly Market Detail St Lucie County Single Family Homes

The October 2013 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors has moderated in the past couple of months as compared to last years activity.   Closed sales were unchanged from last year  (in September they were up by 4.1%)  and new sales under contract (new pending sales) decreased by 6.9% (they were up by 12% last month).

Both median and average sales prices were up (year to year) by 29% and 24.6% respectively year to year. October 2013 Monthly Market Detail St Lucie County Single Family Homes

The inventory of active listings rose in October (from last month) to 2104 homes, still down by 8.1% from last year.  Current supply of inventory is only 4.9 months (a 18.3% decrease from last year).  For October 2013 this remains a strong sellers market in the St Lucie County area.  However with the significant rise in prices as well as increasing mortgage rates, the current trend appears to be leveling off as inventory also is starting to rebound.  I expect continued good activity for the Saint Lucie County single family market but I wouldn’t be surprised to see a moderation in the rising values.

Please click on the links below to read the full Saint Lucie County single family market detail:

 

Click here to view or download the full report:
October 2013 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.

October 2013 Monthly Market Detail St Lucie County Single Family Homes

October 2013 Monthly Market Detail Martin County Townhouses and Condos

12.02.13 by

October 2013 Monthly Market Detail Martin County Townhouses and Condos

The October 2013 Monthly Market Detail Martin County Townhouses and Condos continues to showed some weakness of the year to year results.  After some surprisingly strong results from last month.  We are now well into our slower season, however we are comparing to last years results for the same period.   Year to year closed sales were up by 1.1% ( up by 36.2% in September) while new sales under contract (new pending sales) decreased by 36.2% (was down 8% in September).October 2013 Monthly Market Detail Martin County Townhouses and Condos

The median sales price increased by 1.3% (was up by 49.5% in September) while the average sales price rose by 10.7% (was up 30.6% in September) as compared to October of 2012.

The inventory of available townhouses and condos has increased slightly to 596 units from last month, while still a decrease of  21.1% from last October.  Current supply of inventory is only 5.9 months (a 33.9% decrease from last year).  For the Martin County townhouse and condo market we have transitioned into numerous months of a seller’s market.  This is exerting significant pressure into rising values for this segment of the real estate market.

 

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October 2013 Monthly Market Detail Martin County Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

October 2013 Monthly Market Detail Martin County Townhouses and Condos