Stuart Florida 34994 Residential Market Report September 2019

10.11.19 by

Stuart Florida 34994 Residential Market Report September 2019

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

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

There are currently 92 active listings (Up by 5 homes from August)

Stuart Florida 34994 Residential Market Report September 2019

29 Residential sales are pending and awaiting close or lender approval (Decreased by 9 homes from last month).

Stuart Florida 34994 Residential Market Report September 2019

12 Homes Sold in September (Increased by 8 homes from August)

Stuart Florida 34994 Residential Market Report September 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida rebounded from a pretty weak August with much better activity for September.

The one-month absorption rate for the 34994 zip code for September plunged to 7.7 months from 21.8 months for August.  Moving towards a more balanced 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 September 2018 numbers were 72 Active Listings, 16 pending sales, and 17 closed sales.  There was less inventory of available homes for sale last year.  Yet, closed sales were greater.  This year, our pending sales look stronger which should result in greater closed sales in the coming months.

Stuart Florida 34994 Residential Market Report September 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

Click here for previous Stuart Florida 34994 Residential Market Reports

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 September 2019

Martin County Townhouses and Condos August 2019 Market Report

10.07.19 by

Martin County Townhouses and Condos August 2019 Market Report

The Martin County Townhouses and Condos August Market Report had mixed sales activity when compared to last year.  Closed sales for the month were up by 1.2%.  They were down by 4.3% in July.  While new sales under contract (new pending sales) were down by 19.6% from August 2018.  They increased by 14.0% in July.

Prices were down for August.  The median sales price decreased by 11.7% (was up by 3.1% in July) while the average sales price decreased by 19.1% (was down by 10.2% in July).

The inventory of available townhouses and condos increased by 2 units to 360 properties.  This is a 20.4% greater inventory then we had for in August 2018.  Currently, there’s a 3.9 month supply of inventory (compared to 3.0 months for August 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 August 2019 Market Report

Click here to view or download the full report

Click here to view past Martin County Townhouses and Condos Market Reports

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 August 2019 Market Report

Martin County Single Family Homes August 2019 Market Report

10.04.19 by

Martin County Single Family Homes August 2019 Market Report

The Martin County Single Family Homes August 2019 Market Report showed weaker closed sales activity when compared to last August.  Closed sales were down by 4.3% (were down by 9.2% in July).  While new pending sales decreased by 2.9% as compared to August 2018 (they increased by 7.5% in July).

Price changes were mixed for August.  The median sales price was up by 2.5% from last year (up by 3.2% in July) while the average sales price decreased by 12.5% (was up by 8.1% last month).

The inventory of available single-family homes decreased from last month by 15 homes to 947 units for August,  this is a 5.2% greater inventory than last August.  The current supply of homes is 4.9 months.  For August of last year, it was a 4.5 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes August 2019 Market Report

Click here to view or download the full report

Click here to view the previous Martin County single-family homes market reports

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.

Hobe Sound FL 33455 Condo Market Report August 2019

10.01.19 by

Hobe Sound FL 33455 Condo Market Report August 2019

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

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

There are currently 9 active condo listings. (Down by 1 condo from July)

Hobe Sound FL 33455 Condo Market Report August 2019

6 Condos are pending and awaiting close. (Up by 1 condo from July)

Hobe Sound FL 33455 Condo Market Report August 2019

5 Condos sold in August. (Up by 2 condos from July)

Hobe Sound FL 33455 Condo Market Report August 2019

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  It is difficult to track such small numbers though this market remains quite active.

The absorption rate for Hobe Sound condos was 1.8 months for August (it was 3.3 months for July).  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 August 2018 numbers were: 4 active listings, 4 pending sales, and 4 closed sales.  It’s difficult to make meaningful comparisons with last year when there’s such a small sampling of condos in Hobe Sound.   Though, there was some increased activity this year.

Hobe Sound FL 33455 Condo Market Report August 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 August 2019

Palm Cove Golf and Yacht Club September 2019 Market Report

09.29.19 by

Palm Cove Golf and Yacht Club September 2019 Market Report

There are currently 10 properties actively listed in Palm Cove Yacht and Golf Club for September 2019 in Palm City, Florida.  List prices range from a low of $335,000 up to $1,899,900.  The average list price is $783,160 which works out to $203.74 per square foot of living area.

There are 2 homes currently under contract.  The list prices were $479,000 and $599,900.  This equals an average list price of $539,450 or $167.44 per square foot of living area.  These homes averaged 249 days on the market before going under contract.

In the past 12 months, 13 homes have sold in Palm Cove with sales prices from $260,000 up to $880,000.  This is an average sales price of $528,338 or $174.44 per square foot of living area.  These homes were on the market for an average of 108 days prior to going under contract and sales prices averaged 97% of the list price

View previous Palm Cove market reports here

About the Palm Cove Yacht and Golf Club:

The Palm Cove Golf and Yacht Club in Palm City Florida include 206 residences, ranging from spacious condos with garages to townhomes, fairway homes to multi-million dollar waterfront homes on the shores of the north fork of the wide Saint Lucie River.

This magnificent community boasts a championship Chi Chi Rodrigues designed golf course. Memberships are available to both residents and non-residents and membership is not mandatory.  In addition to golf, boaters enjoy a 93 slip deep water marina with docks available for over 50’ vessels.

There’s a magnificent clubhouse located riverside by the marina.  Residents enjoy 24-hour security from the manned gated entrance.  The Palm Cove Golf and Yacht Club is separated into two main sections.  Fairway homes are on the south side of Mapp Road with the entrance across the main entrance to Palm Cove and is controlled by remote from the main security gate.

More information about Palm Cove:

In the main section, are the estate homes, town-homes at Island creek as well as the condos at ‘the Links’.   Homes range from 1500 sq. ft. town-homes with 2 bedrooms, 2 bathrooms, and 2 car garages all the way up to 6,000 sq. ft. plus waterfront residences with 5 bedrooms, office, 6 and ½ bathrooms and 3 car garages.  Homeowner Association (HOA) fees vary from section to section.  The estate homes run approximately $450 per month, while in the fairways section they are around $550 per month, but include landscaping.  For a complete list of fees, please give us a call.

Palm Cove families enjoy a quiet secluded lifestyle yet are close to shopping, restaurants and the beaches of Martin County.  Children attend an ‘A’ rated Martin County school system to the following schools:  Bessey Creek elementary, Hidden Oaks middle and Martin County High.

Currently, these homes are available for sale in the Palm Cove Golf and Yacht Club

For any questions, you may have about the Palm Cove Yacht and Golf Club in Palm City Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate

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

Palm Cove Golf and Yacht Club September 2019 Market Report

Westwood Country Estates September 2019 Market Report

09.28.19 by

Westwood Country Estates September 2019 Market Report

As of September 2019, there are 2 homes available to purchase in Westwood Country Estates in Palm City, FL.  The list prices are $625,000 and $768,000.  This is an average of $696,500 or $179.44 per sq. ft. of living area.

There are no homes currently under contract (pending sale).

There have been 5 homes sold in the past 12 months in Westwood Country Estates.  Sales prices ranged from $440,000 up to $675,000.  This works out to an average sales price of $542,600 which is equal to $188.04 per sq. ft. of living area.  This sales averaged 95% of list price and went under contract in an average of 30 days after going on the market.

View previous Westwood Country Estates market reports here

About Westwood Country Estates in Palm City Florida:

Westwood Country Estates in Palm City Florida

Westwood Country Estates is a wide-open, gorgeous community that features statuesque homes that are beautifully placed on oversized lots of 1/2 acre or more, that will give you and your family plenty of room to grow!  Wonderfully landscaped throughout, Westwood Country Estates will make you feel proud to come home to.  Every home is unique and there is sure to be one you will fall in love with!

Westwood Country Estates

There are only 77 homes in Westwood Country Estates in Palm City Florida.  Homeowner association fees are a very reasonable $375 per year.

Westwood Country Estates in Palm City Florida

Palm City is a great place to raise a family with its “A” rated schools and proximity to I-95 and Florida’s Turnpike which opens you to all the opportunities of both Martin County and it’s neighbors, just a short drive North or South!  Martin County has lots of recreational areas and opportunities to enjoy many opportunities outdoors with your family!

Westwood Country Estates in Palm City Florida

Westwood Country Estates 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.

Westwood Country Estates September 2019 Market Report

Jensen Beach FL 34957 Condo Market Report August 2019

09.25.19 by

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

Palm City FL 34990 Condo Market Report August 2019

09.19.19 by

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

Stuart Florida 34994 Residential Market Report August 2019

09.16.19 by

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

Martins Crossing Market Report September 2019

09.11.19 by

Martins Crossing Market Report September 2019

There are currently 6 homes for sale in Martins Crossing.  Prices range from $293,000 up to $399,000.  This is an average list price of $334,983 which equals $155.33 per sq. ft. of living area.

There are 2 homes currently under contract.  List prices were $329,000 and $349,900.  This equals an average list price of $339,450 which is $166.27 per sq. ft. of living area.  These homes went under contract in an average of 44 days.

In the past twelve months, 33 homes have sold in Martins Crossing.  Sales prices ranged from a low of $185,000 to a high of $395,000.  This equals an average sales price of $266,013 which works out to $145.43 per sq. ft. of living area.  These homes sold at an average of 98% of list price and were under contract in an average of 38 days.

About Martins Crossing in Stuart FL:

 Martins Crossing in Stuart FL

Located in the intimate, yet vibrant, City of Stuart near a variety of fine restaurants, cultural outlets, and shopping.  Martins Crossing boasts of  596 residences with a stunning variety of single-family homes and a section of private townhomes. This family-friendly community was completed around 2006 with mostly newer homes.

Martins Crossing in Stuart FL

Martins Crossing community amenities include lush landscaping and with private preserve views,  The Martins Crossing Clubhouse has a sparkling resort-style pool, and oversized deck, tennis courts and a playful tot lot all nearby.

Martins Crossing in Stuart FL

Martins Crossing is conveniently located by Kanner Hwy. and Pomeroy Street for easy access to Historic Downtown Stuart, the beaches, and waterways of Martin County, restaurants, shopping and quick access to I-95.  All this in a wonderful ‘A’ rated school system.

Martins Crossing in Stuart FL

Search for Martins Crossing 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.

Martins Crossing Market Report September 2019

Martin County Townhouses and Condos July 2019 Market Report

09.10.19 by

Martin County Townhouses and Condos July 2019 Market Report

The Martin County Townhouses and Condos July Market Report had improved sales activity when compared to last year.  Closed sales for the month were down by 4.3%.  They were down by 17.1% in June.  While new sales under contract (new pending sales) were up by 14.0% from July 2018.  They decreased by 2.2% in June.

Prices were mixed for July.  The median sales price increased by 3.1% (was up by 25.1% in June) while the average sales price decreased by 10.2% (was up by 32.5% in June).

The inventory of available townhouses and condos decreased by 36 units to 358 properties.  This is still a 12.2% greater inventory then we had for in July 2018.  Currently, there’s a 3.9 month supply of inventory (compared to 3.1 months for July 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 July 2019 Market Report

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

South Fork Estates Real Estate Market Report for September 2019

09.10.19 by

South Fork Estates Real Estate Market Report for September 2019

There are currently 3 homes for sale in South Fork Estates in Stuart FL.  The listing prices range from $479,900 up to $587,000 for an average list price of $543,933 which equals $226.02 per sq. ft. of living area.

There is one home under contract at this time in South Fork Estates.  The list price was $449,900 or $213.93 per sq. ft. of living area.  This home went under contract 25 days after coming on the market.

In the past 12 months, there have been 4 sales in South Fork Estates.  These homes had sales prices from $363,000 up to $456,500.  This works out to an average sales price of $398,625 which is $193.44 per square foot of living area.   These homes averaged 82 days on the market before going under contract and sold for an average of 98% of list price.

About South Fork Estates in Stuart FL:

South Fork Estates in Stuart FL

A unique private community in Stuart, Florida built before the land was so expensive that homes had to be placed on top of each other.  All homes in South Fork Estates are on 1/2 acre or larger lots, many with serene views of two large lakes located within this community.  Those homes not on the lakes have private preserve views of the Atlantic Ridge.

South Fork Estates in Stuart FL

There are 114 homes in South Fork Estates.  Homes were built from 1992 through as late as 2011.  The majority of the homes were built between 1998 through 2005.  Most homes are either 3 or 4 bedrooms with 2 and 3 car garages, ranging in size from around 2,000 sq. ft. of living area to over 3,500.  There are still a few residential lots that are vacant awaiting a home.

South Fork Estates in Stuart FL

This is a close-knit community with a playground as well as a boat and RV storage area.  Low Homeowners’ association fees of under $50 per month at the time of this writing.

South Fork Estates in Stuart FL

Children living in South Fork Estates attend Crystal Lake Elementary, David L Anderson Middle, and South Fork High Schools.

South Fork Estates in Stuart FL - RV and Boat Lot

Located just off Cove Rd. and Kanner Highways, this community is just minutes from I-95 for commuters.  Shopping and medical facilities are also close by.  And, there are numerous choices for boating access also only a short ride away.

One of the hidden gems of the Stuart area, South Fork Estates id a great community to call home.

Here are the currently available homes for sale in South Fork Estates

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.

South Fork Estates Market Report for September 2019

Martin County Single Family Homes July 2019 Market Report

09.09.19 by

Martin County Single Family Homes July 2019 Market Report

The Martin County Single Family Homes July 2019 Market Report showed weaker closed sales activity when compared to last July.  new pending sales did rise, which may predict a greater number of closed sales in the coming months.  Closed sales were down by 9.2% (were down by 7.1% in June).  While new pending sales increased by 7.5% as compared to July 2018 (they decreased by 2.4% in June).

Prices, though, were up for July.  The median sales price was up by 3.2% from last year (up by 4.9% in June) while the average sales price increased by 8.1% (was down by 3.9% last month).

The inventory of available single-family homes decreased from last month by 39 homes to 962 units for July,  this is a 4.9% greater inventory than last July.  The current supply of homes is 4.9 months.  For July of last year, it was a 4.6 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes July 2019 Market Report

Click here to view or download the full report:
Martin County Single Family Homes July 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 Single Family Homes July 2019 Market Report

Hobe Sound FL 33455 Condo Market Report July 2019

09.04.19 by

Hobe Sound FL 33455 Condo Market Report July 2019

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

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

There are currently 10 active condo listings. (Down by 2 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2019

5 Condos are pending and awaiting close. (Up by 2 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2019

3 Condo sold in July. (Up by 2 condos from June)

Hobe Sound FL 33455 Condo Market Report July 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.  There is surprisingly strong activity for such a small market segment of Martin County.

The absorption rate for Hobe Sound condos was 3.3 months for July (it was 12 months for June).  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 July 2018 numbers were: 5 active listings, 5 pending sales, and 3 closed sales.  Very similar activity when compared to last year for the Hobe Sound July 2019 condo market activity.

Hobe Sound FL 33455 Condo Market Report July 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 July 2019

Tres Belle September 2019 Market Report

09.02.19 by

Tres Belle September 2019 Market Report

For September 2019, there are 4 homes currently for sale in the Tres Belle subdivision of Stuart FL.  Listing prices are from $619,000 up to $964,900 for an average list price of $788,475 which works out to $256.25 per sq. ft. of living area.

There is one home currently under contract.  The list price was $959,000 or $253.84.  This home was on the market for 89 days prior to going under contract.

13 Tres Belle homes have sold in the past 12 months.  Sales prices ranged from $666,000 up to $925,000.  The average sales price was $711,823 which comes out to $216.75 per sq. ft. of living area.  These homes sold on average of 104 days with sales prices at 97% of list price.

About Tres Belle in Stuart FL:

Tres Belle Stuart Florida real estate

The Tres Belle Estates in Stuart FL is a Kolter Homes development of approximately 167 homes on a minimum of ½ acre lots located just east of Kanner Highway on Cove Road in Stuart FL.

Tres Belle in Stuart FL

The first homes were completed in 2007 and construction and sales of new homes continue to this date (September 2019).  Homes range in size from a minimum of 3 bedrooms and 2 baths with over 2,500 sq. ft. of living area up to 4 and 5 bedroom, 5 bath homes with close to 4,500 sq. ft. of living area.

 Tres Belle in Stuart FL

Tres Belle is located adjacent to the Atlantic Ridge Preserve State Park which has miles and miles of rugged and scenic trails.  Also, close to shopping on US-1 as well as at the intersection of Cove Rd and Kanner Hwy.  Martin Memorial Hospital South is only a few minutes away.  A consistently highly rated medical facility.  For those looking to commute or just be close to the Interstate, I-95 is only a minute or two away.

 Tres Belle in Stuart FL

For boaters, there is an abundance of waterways and boat ramps and marinas are only a short ride and only a few minutes to your choice of beaches at either Stuart or Jupiter Island.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

Tres Belle is located in the ‘A’ rated school district of Martin County with children currently slated for Crystal Lake elementary, David L. Anderson middle and South Fork high schools.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

The HOA fees are $314.00 per month and include maintenance of the common areas as well as Cable TV.  This is a pet-friendly community.

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Search here for all Stuart FL real estate

Tres Belle September 2019 Market Report

Jensen Beach FL 34957 Condo Market Report July 2019

08.29.19 by

Jensen Beach FL 34957 Condo Market Report July 2019

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

For July 2019 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 105 active listings. (Decreased by 6 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2019

34 Condo sales are pending and awaiting settlement. (Down by 7 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2019

31 Condos Sold (Up by 8 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2019

 The Jensen Beach FL 34957 Condo Market Report had a drop in inventory and pending sales while the closed sales activity rose for July.

The one-month absorption rate for the July 2019, Jensen Beach Florida Market Report ZIP Code 34957 dipped to 3.4 months (from 4.8 months in June). Remaining in a strong 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 July 2018 numbers were: 87 active listings, 34 pending sales, and 26 condos closed.  Slightly better activity this year, but this is with a greater inventory of availblecondos for sale.

Jensen Beach FL 34957 Condo Market Report July 2019

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 July 2019

North River Shores August 2019 Market Report

08.27.19 by

North River Shores August 2019 Market Report

The North River Shores August 2019 Market Report for Stuart Florida:

There are currently 6 active listings in North River Shores.  List prices range from $329,900 up to $1,275,000.  The average list price is $562,048 which equals $227.67 per square foot of living area.

There are no homes under contract at this time.

In the past 12 months, 23 homes have sold in North River Shores with an average sales price of $528,348 or $215.18 per square foot of living area. Sales prices ranged from a low of $310,500 up to $1,175,000 and these homes sold for an average 97% of list price.  They averaged 98 days on the market before going under contract.

About North River Shores in Stuart FL:

 North River Shores in Stuart FL

The area north of the Roosevelt Bridge to Britt Road and west of US 1 is sometimes loosely referred to as “North River Shores.” However, North River Shores and its companion neighborhoods of Cocoanut Point and North River Forest are distinct subdivisions as recorded in Martin County records.
 
Members of these communities enjoy the benefits of designated park areas as well as the use of the boat ramp at Nosaw Park which accesses the North Fork of the St. Lucie River.  There are also some accompanying deed restrictions that enhance and protect the aesthetic nature of this beautiful community.

 North River Shores

The North River Shores communities include both waterfront and non-waterfront homes.  Waterfront homes may have sweeping miles wide views of the North Fork of the Saint Lucie River or protected canal front homes with deep water dockage.  Additionally, North River Shores is a bird and wildlife sanctuary.

North River Shores in Stuart FL

 This community is blessed with easy access to shopping, the beaches, houses of worship, schools and access to both downtown Stuart and Jensen Beach, yet it maintains a quiet and peaceful neighborhood character.   This is a wonderful neighborhood within Martin County’s ‘A’ rated school district.  For additional information about North River Shores and/or the surrounding communities, contact Gabe Sanders.

North River Shores

North River Shores
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North River Shores August 2019 Market Report

Hunters Creek Palm City August 2019 Market Report

08.26.19 by

Hunters Creek Palm City August 2019 Market Report

The Hunters Creek Palm City August 2019 Market Reporthas no homes currently on the market.  For those interested in Hunters Creek upcoming listings please contact the Gabe Sanders Stuart FL real estate team.

There are no homes currently under contract (pending sales).

There have been 8 homes sold in the past 12 months in Hunters Creek.  Sales prices ranged from $323,000 up to $455,000.  This equals an average sales price of $390,625 which equals $171.03 per sq. ft. of living area.  These homes sold for 96% of the list price and were under contract on an average 79 days after being listed.

About Hunters Creek in Palm City FL:

Hunters Creek in Palm City FL is a gated community of 68 homes located off of Mapp Road just north of the Oak Ridge subdivision and across the road from Harbour Pointe.

Hunters Creek in Palm City FL

Homes in Hunters Creek were first completed in 1990 and the last home was built in 2001. There are no more vacant lots left to be built as this community is fully matured and built out. All homes are custom built and range in sizes from over 3,800 sq. ft. of living area to just under 1,700. From 5 bedroom pool homes on over a ½ acre of land down to 3 bedroom homes on just over a quarter of an acre.

Hunters Creek in Palm City FL

HOA fees are very reasonable at under $100 per month. This covers the common areas and security gate along with basic cable TV.

Hunters Creek in Palm City FLHunters Creek is very conveniently located near the Palm Cove Golf Club.  There is quick access to Florida’s Turnpike and I-95.  Also, just a few minutes away from the Palm City Bridge with access to downtown Stuart, Jensen Beach and the beaches of the Atlantic Ocean on Hutchinson Island.

Hunters Creek Homes for Sale in Palm City FL

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Hunters Creek Palm City August 2019 Market Report

Foxwood August 2019 Real Estate Market Update

08.25.19 by

Foxwood August 2019 Real Estate Market Update

The Foxwood August 2019 Real Estate Market Update shows 1 home on the market.  Thw list price is $545,000 or $203.59 per sq. ft. of living area.

There is also 1 home currently under contract.  This home was listed for $525,000 which is $196.12 per sq. ft. of living area.  This home was on the market for 4 days before going under contract.

In the past 12 months, there were a total of 5 homes sold in this sought after Stuart community.  Sales prices ranged from $350,000 up to $590,000.  This works out to an average sales price of $467,300 which equals $155.75 per sq. ft. of living area.  These sales took an average of 64 days on the market before going under contract andsold for 92% of the list price.

About Foxwood Equestrian Community in Stuart FL:

Foxwood Equestrian in Stuart FL

Foxwood is located just west of I-95 on Pratt and Whitney road in Western Stuart Florida.  It consists of 109 home sites that are all 2 acres or larger.  Horses are permitted with zoning of one horse per acre.   Foxwood was designed with Florida’s natural environment in mind.  Every Foxwood home is custom built with the residents encouraged to keep some natural habitat in place.  Recently, a rare Florida Panther was seen going through Foxwood.

Foxwood Equestrian in Stuart FL

Association fees are a very reasonable $35 per month.  These fees cover maintenance of the private roads, sanitation and management fees.  More information about the Foxwood Property Association can be found at this community’s property association website: Foxwood Property Association of Stuart Florida

Foxwood Equestrian in Stuart FL

Construction of homes in Foxwood began in 1978.  Four phases of development ended with the last phase commencing in 1990.  Most lots have been developed with just a handful of vacant lots left of which currently none are available for sale (as of this writing).

Foxwood Equestrian in Stuart FL

Foxwood is located less than a mile from the ‘A’ Rated South Fork High School with easy access to Palm Beach County and only 15 minutes to downtown Stuart and the pristine beaches of Martin County.

A perfect place to call home for those who desire some room to roam yet be close to shopping, restaurants and other urban areas.

Currently Available Homes in Foxwood

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For more information about this and other Martin County communities contact:
Gabe Sanders

Stuart Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Foxwood August 2019 Real Estate Market Update

 

Palm City FL 34990 Condo Market Report July 2019

08.23.19 by

Palm City FL 34990 Condo Market Report July 2019

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

For July 2019 in the 34990 Zip Code area of Palm City, Florida :

There are currently 77 active condo listings. (Increased by 11 condos from June)

Palm City FL 34990 Condo Market Report July 2019 

8 Condo sales are pending and awaiting close or lender approval. (Down by 1 condo from last month)

Palm City FL 34990 Condo Market Report July 2019

3 Condos Sold in July. (Down by 9 condos from June)

Palm City FL 34990 Condo Market Report July 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.  July retreated back to weak activity for this market.

The current absorption rate for condos in the 34990 zip exploded to 25.7 months (was 5.5 months in June).  Shifting back into 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 July 2018 numbers were: 78 active listings, 9 pending sales, and 1 closed sales.  Slightly better activity this year.
Palm City FL 34990 Condo Market Report July 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.

Palm City FL 34990 Condo Market Report July 2019