Palm City FL 34990 Condo Market Report June 2019

07.19.19 by

Palm City FL 34990 Condo Market Report June 2019

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

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

There are currently 66 active condo listings. (Decreased by 2 condos from May)

Palm City FL 34990 Condo Market Report June 2019 

9 Condo sales are pending and awaiting close or lender approval. (Down by 4 condo from last month)

Palm City FL 34990 Condo Market Report June 2019

12 Condos Sold in June. (Up by 4 condos from May)

Palm City FL 34990 Condo Market Report June 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.  June was a good month for this segment of condo real estate in Martin County.

The current absorption rate for condos in the 34990 zip dropped to 5.5 months (was 8.5 months in May).  Shifting into a seller’s market for Palm City condos for the first time in a while.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The June 2018 numbers were: 86 active listings, 8 pending sales, and 9 closed sales.  A better volume of sales and pending sales this year all on a reduced inventory of available condos.
Palm City FL 34990 Condo Market Report June 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 June 2019

Stuart Florida 34994 Residential Market Report June 2019

07.16.19 by

Stuart Florida 34994 Residential Market Report June 2019

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

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

There are currently 86 active listings (Up by 9 homes from May)

Stuart Florida 34994 Residential Market Report June 2019

29 Residential sales are pending and awaiting close or lender approval (Decreased by 15 homes from last month).

Stuart Florida 34994 Residential Market Report June 2019

27 Homes Sold in June (Increased by 7 homes from May)

Stuart Florida 34994 Residential Market Report June 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues to show strong activity for June.  The drop in pending sales this month indicates that we may see a little softening for the closed sales numbers in the coming months.

The one-month absorption rate for the 34994 zip code for May dropped to 3.2 months from 3.9 months for May.  Remaining in a very strong seller’s market t for the 34994 zip code area of Stuart, FL   A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The June 2018 numbers were 69 Active Listings, 28 pending sales, and 17 closed sales.  Better closed sales activity and slightly better pending activity with a greater inventory of available homes for sale.

Stuart Florida 34994 Residential Market Report June 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 June 2019

Martin County Townhouses and Condos May 2019 Market Report

07.10.19 by

Martin County Townhouses and Condos May 2019 Market Report

Martin County Townhouses and Condos May 2019 Market Report continues with weaker sales activity when compared to last year.  Closed sales for the month were down by 17.3% (were down by 4.8% in April) while new sales under contract (new pending sales) were down by 13.1% from May 2018 (decreased by 22.3% in April).

Prices, though, continue to rise at strong rates.  The median sales price increased by 10.2% (was up by 11.0% in April) while the average sales price increased by 5.1% (was up by 11.1% in April).

The inventory of available townhouses and condos decreased by 15 units to 431 properties.  This is still a 9.9% greater inventory then we had in May 2018.  Currently, there’s a 4.6 month supply of inventory (compared to 3.9 months for May 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 May 2019 Market Report

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

Martin County Single Family Homes May 2019 Market Report

07.09.19 by

Martin County Single Family Homes May 2019 Market Report

The Martin County Single Family Homes May 2019 Market Report showed improved sales activity when compared to last May but not quite as robust as last month.  Closed sales were up by 1.1% (were up by 13.7% in April).  While new pending sales increased by 1.8% as compared to May 2018 (they increased by 3.0% in April).

Prices were mixed for May.  The median sales price was up by 3.8% from last year (down by 1.4% in April) while the average sales price decreased by 0.2% (was down by 14.5% last month).

The inventory of available single-family homes decreased from last month by 33 homes to 1071 units for May,  this is a 12.3% greater inventory than last May.  The current supply of homes is 5.4 months.  For May of last year, it was a 4.7 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 May 2019 Market Report

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

Hobe Sound FL 33455 Condo Market Report May 2019

07.03.19 by

Hobe Sound FL 33455 Condo Market Report May 2019

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

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

There are currently 9 active condo listings. (Up by 1 condo from April)

Hobe Sound FL 33455 Condo Market Report May 2019

3 Condos are pending and awaiting close. (Up by 2 condos from April)

Hobe Sound FL 33455 Condo Market Report May 2019

3 Condos sold in May. (Up by 3 condos from April)

Hobe Sound FL 33455 Condo Market Report May 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 very robust.

The absorption rate for Hobe Sound condos 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 May 2018 numbers were: 6 active listings, 5 pending sales, and 1 closed sale.  A better volume of sales and inventory this year.  There was a better number of pending sales last year.

Hobe Sound FL 33455 Condo Market Report May 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 May 2019

Jensen Beach FL 34957 Condo Market Report May 2019

07.01.19 by

Jensen Beach FL 34957 Condo Market Report May 2019

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

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

There are currently 109 active listings. (Increased by 2 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2019

42 Condo sales are pending and awaiting settlement. (Down by 10 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2019

30 Condos Sold (Down by 2 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2019

 The Jensen Beach FL 34957 Condo Market Report remains a very active market with consistently strong sales.

The one-month absorption rate for the May 2019, Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.6 months (from 3.3 months in April). Remaining as a very strong seller’s market.  A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The May 2018 numbers were: 108 active listings, 43 pending sales, and 31 condos closed.  Almost identical sales volume when compared to last year.  Just slightly lower this year.

Jensen Beach FL 34957 Condo Market Report May 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 May 2019

Sunset Trace Palm City June 2019 Market Report

06.28.19 by

Sunset Trace Palm City June 2019 Market Report

As of June 2019, there are 6 homes for sale in Sunset Trace.  These homes have list prices from $152,900 up to $259,900.  This is an average list price of $180,367 or $136.23 per square foot of living area.

There are 4 homes under contract and awaiting settlement.  The list prices ranged from $169,900 up to $209,000.  This works out to an average list price of $184,450 which equals $135.72 per sq. ft. of living area.  These homes were on the market for an average of 35 days prior to going under contract.

In the past 12 months, 48 homes have sold in Sunset Trace.  Sales prices ranged from a low of $135,000 up to $220,000.  This equals an average sales price of $164,755 or $124.69 per sq. ft. of living area.  These homes sold for an average of 97% of list price and went under contract in an average of 38 days of being on the market.

 About Sunset Trace in Palm City FL:

Just across the street from the Martin Downs Golf Club lies the gated community of Sunset Trace in Palm City, FL.  Conveniently located close to Florida’s Turnpike as well as shopping, restaurants and medical facilities.  And only a 15-minute ride to the pristine waters of the Atlantic Ocean and the numerous waterways and boating facilities available in Martin County, FL.

Sunset Trace is a DiVosta community of approximately 500 residences.  There are four types of homes in this community.   DiVosta quad townhomes which feature 2 Bedrooms and 2 and ½ bathrooms with 1,236 sq. ft. of living area.  Stamford models, also four townhomes to a building featuring 2 Bedrooms and 2 and ½ bathrooms with 1,1374 sq. ft. of living area.  Wellesley models have 3 Bedrooms and 2 Bathrooms in 1,295 sq. ft. and finally, the Villas in Sunset Trace offer attached single family homes with 3 Bedrooms, 2 and ½ baths and a one car garage in 1346 square feet of living area.

Sunset Trace was developed and built from 1984 to 1988.  It features two community pools, three tennis courts, outdoor racquet and/or handball courts and a full-size basketball court.  There’s a playground for the little ones as well.  This is a lushly landscaped community with a number of lakes and ponds on the grounds making for some great water views.

All ages are welcome in Sunset Trace and children attend Citrus Grove Elementary School, Hidden Oaks Middle School, and Martin County High School.  The HOA fees run $305 per month, but include exterior and hurricane insurance, basic cable TV, Lawn and Landscaping, pest control and security.  Making life in Sunset Trace easy and carefree.

Search here for:

Sunset Trace Villas and Townhomes for Sale

Sunset Trace Palm City June 2019 Market Report

Palm City FL 34990 Condo Market Report May 2019

06.27.19 by

Palm City FL 34990 Condo Market Report May 2019

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

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

There are currently 68 active condo listings. (Decreased by 10 condos from April)

Palm City FL 34990 Condo Market Report May 2019 

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

Palm City FL 34990 Condo Market Report May 2019

8 Condos Sold in May. (Down by 3 condos from April)

Palm City FL 34990 Condo Market Report May 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.  May showed a nice rise in activity for these communities.

The current absorption rate for condos in the 34990 zip is 8.5 months (was 7.1 months in April).  Shifting into a more pronounced buyer’s market for Palm City condos.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The May 2018 numbers were: 87 active listings, 11 pending sales, and 9 closed sales.  Very similar activity to last year but with a significantly lower number of available condos for sale.
Palm City FL 34990 Condo Market Report May 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 May 2019

Locks Landing in Stuart Florida June 2019 Market Report

06.21.19 by

Locks Landing in Stuart Florida June 2019 Market Report

As of June 2019, there are 2 homes on the market in Locks Landing in Stuart Florida.  These homes are listed for $389,900 and $469,900.  This equals an average list price of $429,900 which equals $183.38 per sq. ft. of living area.

There is 1 home currently under contract.  The list price was $499,000 or $204.93 per sq. ft. of living area. This home was on the market for only 3 days before going under contract.

In the past 12 months, 10 homes have sold in Locks Landing with sales prices ranging from $358,900 up to $525,000.  This is an average sales price of $432,790 which is $178.00 per sq. ft. of living area. These sales averaged 97% of list price and went under contract in an average of 56 days after being listed.

About Locks Landing in Stuart FL:

Locks Landing in Stuart FL

Locks Landing in Stuart Florida is a gated planned unit community of 243 homes on the southeastern shore of the Saint Lucie Waterway, just upstream of the Locks on the Okeechobee Water Way at Phipps Park in Stuart, Florida.

Locks Landing in Stuart FL

Locks Landing homes range in sizes from just under 2,000 square feet of living area to some spacious 3,000 square feet plus homes on spacious preserve lots.   Many homes enjoy lake views and a few homes offer views of the Saint Lucie Waterway.  This wonderful family neighborhood boasts a number of docks with available water and electrics.  Easy access through the lock to the main Saint Lucie river and out to the crystal clear waters of the Atlantic Ocean or sail west into Lake Okeechobee for a fabulous day of freshwater fishing.  For those without their own boat dock, there’s a convenient boat ramp to allow all to enjoy the fabulous boating available to all residents of Martin County.

 Locks Landing in Stuart FL Locks Landing in Stuart FL

Locks landing is only moments to I-95 for those needing to commute either north or south on the Interstate.  The equestrian farms of Martin County are only a short drive to the west; while to the east is shopping, restaurants, beaches and all the amenities that Martin County has to offer.  This family-friendly community also boasts an ‘A’ rated school system with local children attending Crystal Lake Elementary School, David L Anderson Middle School, and South Fork High School

 Locks Landing in Stuart FL

To view the current homes available for sale in Locks Landing please select the following link:
Locks Landing Homes for Sale

 

For any questions you may have about Locks landing, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

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

Locks Landing in Stuart Florida June 2019 Market Report

 

Stuart Florida 34994 Residential Market Report May 2019

06.18.19 by

Stuart Florida 34994 Residential Market Report May 2019

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

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

There are currently 77 active listings (Down by 14 home from April)

Stuart Florida 34994 Residential Market Report May 2019

46 Residential sales are pending and awaiting close or lender approval (Increased by 11 homes from last month).

Stuart Florida 34994 Residential Market Report May 2019

20 Homes Sold in May (Increased by 3 homes from April)

Stuart Florida 34994 Residential Market Report May 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed exceptionally strong activity for May and this area of Stuart could benefit from an increased number of homes available for sale.

The one-month absorption rate for the 34994 zip code for April plunged to 3.9 months from 5.4 months for April.  Dropping down into a pretty extreme seller’s market t for the 34994 zip code area of Stuart, FL   A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The May 2018 numbers were 67 Active Listings, 35 pending sales, and 23 closed sales.  Slightly lower closed sales volume this year but a much greater number of pending sales (on higher inventory).  This is a good sign for the near future.

Stuart Florida 34994 Residential Market Report May 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 May 2019

Snug Harbor Stuart June 2019 Market Report

06.16.19 by

Snug Harbor June 2019 Market Report

As of June 2019, there were no active listings in Snug Harbor in Stuart, FL.

There are also no homes currently under contract.

2 homes have sold in Snug Harbor in the past 12 months.  The sales prices were $657,500 and $1,400,000.  This is an average sales price of $1,028,750 which is $581.71 per sq. ft. of living area.  These sales averaged 78% of the last listed price and averaged 101 days on market prior to going under contract.

About Snug Harbor

Snug Harbor remains as one of the most desirable locations in Stuart, FL. Located on the wide Saint Lucie River just east of the city of Stuart Florida is this unique subdivision.

Snug Harbor was the vision of a group of 10 Yachtsmen, many former Commodores of the Chicago Yacht Club back in 1943. They bought the land and platted the area in September 1944 as well as forming the Snug Harbor Corporation, which controlled the ownership of the lots.

Snug Harbor Yacht Club in Stuart FL

In 1975 the deeds were distributed and/or sold to the then owners and a condominium form of ownership was established under the name of the Snug Harbor Yacht Club. With both waterfront and non-waterfront homes and estates, located just minutes away from the ocean by boat or car and also convenient to downtown Stuart, offices, restaurants and recreational areas.

Snug Harbor Yacht Club in Stuart FL

Snug Harbor is one of the finest communities in Martin County. There are only 72 home sites with a clubhouse, deep water marina, boat ramp, trailer parking and tennis courts. There is an active association with social activities year-round that make this community a very attractive place to call home.

Snug Harbor in Stuart FL

Please feel free to contact Gabe Sanders (772-888-2885), a Snug Harbor resident, if you would like any information about this wonderful community.

Snug Harbor in Stuart FL Snug Harbor in Stuart FL

Search here for:

Snug Harbor Homes for Sale

Snug Harbor June 2019 Market Report

Martin County Townhouses and Condos April 2019 Market Report

06.12.19 by

Martin County Townhouses and Condos April 2019 Market Report

Martin County Townhouses and Condos April 2019 Market Report continues with weaker sales activity when compared to last year.  Closed sales for the month were down by 4.8% (were down by 19.9% in March) while new sales under contract (new pending sales) were down by 22.3% from April 2018 (decreased by 1.5% in March).

Prices, though, continue to rise at strong rates.  The median sales price increased by 11.0% (was down by 1.1% in March) while the average sales price increased by 11.1% (was up by 2.3% in March).

The inventory of available townhouses and condos decreased by 5 units to 446 properties as compared to last month.  This is 3.7% greater inventory then we had in April 2018.  Currently, there’s a 4.7 month supply of inventory (compared to 4.4 months for April 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 April 2019 Market Report

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

Martin County Single Family Homes April 2019 Market Report

06.11.19 by

Martin County Single Family Homes April 2019 Market Report

The Martin County Single Family Homes April 2019 Market Report had quite a strong April after a few weaker months to start the year.  Closed sales were up by 13.7% (were down by 13.4% in March).  While new pending sales increased by 3.0% as compared to April 2018 (Decreased by 2.3% in March).

Prices were lower for April.  The median sales price was down by 1.4% from last year (up by 0.9% in March) while the average sales price decreased by 14.5% (was up by 0.4% last month).

The inventory of available single-family homes decreased from last month by 2 homes to 1104 units for April,  this is 5.6% less inventory than last April.  The current supply of homes is 5.6 months.  For April of last year, it was a 4.9 months supply.  We’re still in a seller’s market for Martin County single-family home sales, but only barely.  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 April 2019 Market Report

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

Bay Colony of Stuart June 2019 Market Report

06.07.19 by

Bay Colony of Stuart June 2019 Market Report

As of June 2019, there were 3 homes available for sale in the Bay Colony of Stuart. These homes have list prices ranging from $449,000 up to $1,699,000.  This is an average list price of $915,667 or $217.39 per sq. ft. of living area.

There are no homes currently under contract.

3 Bay Colony homes have sold in the past 12 months.  Sales prices ranged from $475,000 up to $835,000.  The average sales price works out to $615,000 which equals $233.02 per sq. ft. of living area.  These homes sold for an average of 96% of list price after being on the market for an average of 66 days before going under contract.

View some Bay Colony homes for sale:

About the Bay Colony of Stuart:

Bay Colony of Stuart

The Bay Colony of Stuart is an exclusive gated community lying on the shores of the North Fork of the Saint Lucie River.  There are 34 home sites in Bay Colony and as of February 2019, only two vacant lots remain.

Bay Colony of Stuart

Many homes in Bay Colony are waterfront and enjoy gorgeous mile long wide open views of the river.  Homes come in sizes from 3 bedroom, 2 bathroom homes of just over 2,000 sq. ft. of living area up to a 5 bedroom, 5 bathroom home with over 5,000 sq. ft. of living space and almost 6,300 sq. ft. under roof.  Homes have been built from 1979 to the newest which was completed in 2005.

Bay Colony of Stuart

This community enjoys low HOA fees of only $810 per year (June 2019) which go towards maintaining the common areas, management fees, trash pickup, and gate.

Bay Colony of Stuart

Excellent location that’s close to the Treasure Coast Mall and the shopping areas of US-1 in Jensen Beach as well as only a few minutes to the beaches of the Atlantic Ocean.

Bay Colony of Stuart

This community is in the Martin County School system and children attend the Felix Williams Elementary, Stuart Middle, and Jensen Beach High Schools.

 Search here for:

Bay Colony Homes for Sale

Bay Colony of Stuart June 2019 Market Report

Martin County Townhouses and Condos 2019 1’st Quarter Report

06.04.19 by

Martin County Townhouses and Condos 2019 1’st Quarter Report

1’st 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 1’st Quarter 2019.

Martin County Townhouses and Condos 2019 1'st Quarter Report

The Martin County townhouse and condo market had weaker sales activity when compared to last year in the first quarter of 2018.  Prices, though, continued to rise rapidly.  The inventory of available properties is an issue in this market.  Continuing in a seller’s market for Martin County townhouses and condos.

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 1’st Quarter Report

Martin County Single Family Homes 2019 1’st Quarter Report

06.03.19 by

Martin County Single Family Homes 2019 1’st 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 1’st Quarter 2019.

Martin County Single Family Homes 2019 1'st Quarter Report

The Martin County single family home market showed slower sales volume when compared to the first quarter of 2018, last year.   Prices, on the other hand, continued to rise.  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 1’st Quarter Report

Hobe Sound FL 33455 Condo Market Report April 2019

05.29.19 by

Hobe Sound FL 33455 Condo Market Report April 2019

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

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

There are currently 8 active condo listings. (Up by 4 condos from March)

Hobe Sound FL 33455 Condo Market Report April 2019

1 Condo is pending and awaiting close. (Unchanged from March)

Hobe Sound FL 33455 Condo Market Report April 2019

No Condos sold in April. (Down by 3 condos from March)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  The inventory of available condos has once again reached very small levels and this will impact future condo market activity in Hobe Sound.

The absorption rate for Hobe Sound condos cannot be determined with no sales for April.  For March it was a 2 month absorption rate.  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 April 2018 numbers were: 8 active listings, 5 pending sales, and 7 closed sales.  There was better activity last year.

Hobe Sound FL 33455 Condo Market Report April 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 April 2019

Jensen Beach FL 34957 Condo Market Report April 2019

05.23.19 by

Jensen Beach FL 34957 Condo Market Report April 2019

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

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

There are currently 107 active listings. (Increased by 3 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2019

52 Condo sales are pending and awaiting settlement. (Down by 2 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2019

32 Condos Sold (Up by 10 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2019

 The Jensen Beach FL 34957 Condo Market Report showed a very strong number of closed sales for April.

The one-month absorption rate for the April 2019, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.3 months (from 4.7 months in March), into an even more extreme seller’s market.  A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The April 2018 numbers were: 118 active listings, 40 pending sales, and 42 condos closed.  There’s a higher number of pending sales this year while closed sales were lower.  Though, this is on a reduced inventory of available Jensen beach condos for sale.

Jensen Beach FL 34957 Condo Market Report April 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 April 2019

Stuart West Palm City May 2019 Market Report

05.23.19 by

Stuart West Palm City May 2019 Market Report

There are currently 11 homes for sale in Stuart West.  List prices range from $550,000 up to $1,075,000. This is an average price of $762,509 which is $205.74 per sq. ft. of living area.

There are 2 homes currently under contract. These homes were listed for $625,000 and $779,000.  This is an average list price of $702,000 or $190.33 per sq. ft. of living area.  These homes were on the market for an average of 158 days prior to going under contract.

In the past 12 months, 13 homes have sold in Stuart West.  Sale prices ranged from $532,000 up to $800,000.  This works out to an average sale price of $656,769 which equals a per sq. ft. of living area $199.30.  These homes sold for an average of 94% of list price and averaged 94 days on the market.

About Stuart West in Palm City Farms FL:

Stuart West in Palm City Farms FL

Stuart West is an upscale gated equestrian community located adjacent to the Stuart West and the Fox Club in western Palm City.  Just off the I-95 exit, Stuart West is an easy commute for those who work either south or north of Martin County, yet want to enjoy the superior amenities that Palm City has to offer.

Stuart West in Palm City FL

Stuart West resides on over 1,000 acres of pristine land with 249 home sites ranging from 2 to over 10 acres.  There are over 11 miles of waterways located throughout the community which makes for an idyllic setting for this family-friendly equestrian community.

Stuart West in Palm City Farms FL

Community amenities include a playground, community boat ramp to the C-23 canal, a 10-acre equestrian center, 24 hour manned security gate (shared with Cobblestone) and security patrols, and an underground cable and routing system for the best high-end internet connectivity.  All of this in Martin County’s ‘A’ rated school system.  And school bus service is provided inside the community.

Stuart West in Palm City Farms FL

Currently, Stuart West’s children attend Citrus Grove Elementary, Hidden Oaks Middle and South Fork High Schools.

Stuart West in Palm City Farms FL

Home construction started in Stuart West in 1984 and continues to this day with approximately 52 vacant lots yet to be built upon.  Though many of these lots are being kept as pastures by the adjacent homeowners.   Home sizes range from 3 Bedroom, 2 Bath homes of around 2,000 sq. ft. of living area all the way to 7 Bedroom, 5 Bathroom estates with over 5,500 sq. ft. under air.  The HOA fee is a very reasonable $121 per month which covers security and all the amenities this wonderful community has to offer.

Stuart West in Palm City FL

More information about Stuart West can be found on their property owners’ website here.

Stuart West Homes for Sale

Search for Martin County Real Estate

Vacant Land for Sale in Stuart West

Stuart West Palm City May 2019 Market Report

Palm City FL 34990 Condo Market Report April 2019

05.17.19 by

Palm City FL 34990 Condo Market Report April 2019

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

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

There are currently 78 active condo listings. (Decreased by 7 condos from March)

Palm City FL 34990 Condo Market Report April 2019 

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

Palm City FL 34990 Condo Market Report April 2019

11 Condos Sold in April. (Unchanged from March)

Palm City FL 34990 Condo Market Report April 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.  April showed a nice rise in activity for these communities.

The current absorption rate for condos in the 34990 zip is 7.1 months (was 7.7 months in March).  Remaining in a buyer’s market for Palm City condos.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The April 2018 numbers were: 88 active listings, 15 pending sales, and 7 closed sales.  Better sales and pending activity this year on lower inventory.
Palm City FL 34990 Condo Market Report April 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 April 2019