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

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Hobe Sound Florida Real Estate presented by:
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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 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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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

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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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Stuart Florida Real Estate

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

Search the Martin County MLS

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

Stuart Florida 34994 Residential Market Report July 2019

08.20.19 by

Stuart Florida 34994 Residential Market Report July 2019

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

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

There are currently 89 active listings (Up by 3 homes from June)

Stuart Florida 34994 Residential Market Report July 2019

17 Residential sales are pending and awaiting close or lender approval (Decreased by 12 homes from last month).

Stuart Florida 34994 Residential Market Report July 2019

16 Homes Sold in July (Decreased by 11 homes from June)

Stuart Florida 34994 Residential Market Report July 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed much weaker activity for July as compared to the last few months.  Both pending and closed sales were down by considerable numbers.

The one-month absorption rate for the 34994 zip code for July jumped to 5.6 months from 3.2 months for June.  Remaining in a seller’s market for the 34994 zip code area of Stuart, FL, but approaching a balanced one.   A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The July 2018 numbers were 71 Active Listings, 30 pending sales, and 21 closed sales.  Much better activity last year than for July 2019.

Stuart Florida 34994 Residential Market Report July 2019

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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 July 2019

Pipers Landing August 2019 Market Report

08.19.19 by

Pipers Landing August 2019 Market Report

There are currently 15 active listings for sale in Pipers Landing.  List prices for these homes and condos range from $49,000 to $1,490,000 for an average list price of $318,200 which equals $91.89 per sq. ft. of living area.

As of this time, there are 2 homes under contract which haven’t closed to date.  These homes were listed for $100,000 and $150,000.  This equals an average list price of $125,000 or $59.86 per sq. ft. of living area. This home on market for 36 days before going under contract.

In the past 12 months, 19 homes have sold in Pipers Landing.  The sales prices ranged from a low of $35,000 up to $422,000.  This works out to an average sales price of $154,145 which is $50.14 per sq. ft. of living area.  These homes averaged 233 days on the market before going under contract and sold for 81% of the list price.

About Pipers Landing in Palm City FL:

Pipers Landing in Palm City FL

A true world class golfing community in Palm City with just 302 homes on 600 acres of pristine Florida natural preserve and lushly landscaped grounds.  This is a waterfront community with deep water ocean access dockage that can accommodate yachts up to 75′.
Pipers Landing in Palm City FL

This is an equity golf course community (membership is mandatory).  Championship Joe Lee designed course (6,832 yards) offering five different levels of play for all abilities.  Homes include spacious condos to spacious waterfront estate homes.  All this in beautiful Martin County, Florida, which boasts an abundance of beautiful waterways and quaint historic areas to experience and enjoy.

Pipers Landing in Palm City FL

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Pipers Landing August 2019 Market Report

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

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

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

Martin County Single Family Homes June 2019 Market Report

08.05.19 by

Martin County Single Family Homes June 2019 Market Report

The Martin County Single Family Homes June 2019 Market Report showed weaker sales activity when compared to last June.  Closed sales were down by 7.1% (were up by 1.1% in May).  While new pending sales decreased by 2.4% as compared to June 2018 (they increased by 1.8% in May).

Prices were mixed for June.  The median sales price was up by 4.9% from last year (up by 3.8% in May) while the average sales price decreased by 3.9% (was down by 0.2% last month).

The inventory of available single-family homes decreased from last month by 70 homes to 1001 units for June,  this is an 11.6% greater inventory than last June.  The current supply of homes is 5.1 months.  For June 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 June 2019 Market Report

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

Martin County Single Family Homes June 2019 Market Report

The Stuart Yacht and Country Club August 2019 Market Report

08.04.19 by

The Stuart Yacht and Country Club August 2019 Market Report

August 2019 Market Update:

There are 12 homes currently for sale in the Yacht and Country Club of Stuart.  Listing prices range from $334,000 to $1,195,000 for an average list price of $544,033 which works out to $194.67 per sq. ft. of living area.

There are currently 5 homes under contract with list prices from $286,500 up to $799,000.  The average list price of these pending sales is $492,200 or $202.69 per sq. ft. of living area.  These homes averaged 155 days on the market before going under contract.

25 homes have sold in the past 12 months.  Ranging in sales price from $180,000 to $1,075,000.  The average sales price was $428,980 which equals $177.17 per sq. ft. of living area.  These homes went under contract in an average of 97 days with sales prices averaging 94% of list price.

About the Stuart Yacht and Country Club:

 The Stuart Yacht and Country Club

One of the first gated golf communities in Martin County, Florida remains among the preeminent communities on Florida’s Treasure Coast for both the golf and yachting enthusiast.  This fine gate-guarded community boasts waterfront homes that are only minutes from the Saint Lucie Inlet and the Atlantic Ocean.  Easy access for day trips to the Bahamas and back and a true fisherman’s paradise.

The Stuart Yacht and Country Club, Florida Clubhouse

The ‘Stuart’ golf course at the Yacht  & Country Club of Stuart, Florida features a professional 18 hole course with 6,466 yards of golf from the longest tees for a par of 71. The course rating is 71.2 and it has a slope rating of 125 on Bermuda grass. Driving range and putting greens are also provided at this club.

The Stuart Yacht and Country Club

The clubhouse at The Stuart Yacht and Country Club offers a professionally appointed fitness center with a resident massage therapist.  Tennis is provided by six lighted Har-Tru tennis courts and also residents are provided with two lighted croquet lawns.

The Stuart Yacht and Country Club

There is a heated swimming pool open daily and water aerobics is offered on a weekly basis. The Stuart Yacht and Country Club has a formal Dining Room that has earned itself a reputation as one of Stuart’s finest dining establishments. Also offered is the “Grill Room” for those who would like to enjoy a more casual dining experience.

The Stuart Yacht and Country Club, Florida Homes

Truly a wonderful place to call home.

 

Search here for available homes in The Stuart Yacht and Country Club, Florida
Yacht and Country Club of Stuart, Florida - Homes for Sale

The Stuart Yacht and Country Club August 2019 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

Jensen Beach FL 34957 Condo Market Report June 2019

07.25.19 by

Jensen Beach FL 34957 Condo Market Report June 2019

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

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

There are currently 111 active listings. (Increased by 2 condos from May)

Jensen Beach FL 34957 Condo Market Report June 2019

41 Condo sales are pending and awaiting settlement. (Down by 1 condo from May)

Jensen Beach FL 34957 Condo Market Report June 2019

23 Condos Sold (Down by 7 condos from May)

Jensen Beach FL 34957 Condo Market Report June 2019

 The Jensen Beach FL 34957 Condo Market Report had a drop in closed sales for the month while other activity remains strong.  Not unexpected to see condo sales start declining in the summer months.

The one-month absorption rate for the June 2019, Jensen Beach Florida Market Report ZIP Code 34957 rose to 4.8 months (from 3.6 months in May). 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 June 2018 numbers were: 103 active listings, 38 pending sales, and 31 condos closed.  Better closed sales numbers for last year.

Jensen Beach FL 34957 Condo Market Report June 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 June 2019