Hobe Sound FL 33455 Condo Market Report September 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for September 2018

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

There are currently 7 active condo listings. (Increased by 3 condos from August)

1 Condo is pending and awaiting close. (Down by 3 condos from August)

3 Condos sold in September. (Down by 1 condo from August)

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. Yet, even with such little inventory, these condos are moving off the market quite fast.

The absorption rate for Hobe Sound condos was 2.3 months for September as compared to 1.0 months in August). 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 September 2017 numbers were: 17 active listings, 3 pending sales, and 1 closed sales. Much better activity this year on a vastly smaller number of condos for sale.

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Hobe Sound FL 33455 Condo Market Report September 2018

Jensen Beach FL 34957 Condo Market Report September 2018

10.29.18 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report September 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for September 2018

For September 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 87 active listings. (Increased by 5 condos from August)

27 Condo sales are pending and awaiting settlement. (Down by 10 condos from August)

27 Condos Sold (Unchanged from August)

The Jensen Beach FL 34957 Condo Market Report continues to show strong activity. There was a troubling drop in pending sale for the month. This may be an indicator of slower sales in the immediate future.

The one-month absorption rate for the September 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 3.2 months (from 3.0 months in August), remaining in a 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 September 2017 numbers were: 82 active listings, 31 pending sales, and 25 condos closed. Slightly stronger sales this year but also on a greater inventory of available condos for sale.

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Jensen Beach FL 34957 Condo Market Report September 2018

Palm City FL 34990 Condo Market Report September 2018

10.25.18 by Gabe Sanders

Palm City FL 34990 Condo Market Report September 2018

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for September 2018

For September 2018 in the 34990 Zip Code area of Palm City, Florida :

There are currently 83 active condo listings. (Increased by 7 condos from August)

5 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from last month)

6 Condos Sold in September. (Down by 1 condo from August)

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. Sales remain difficult in this market as we have a large number f condos in two high fee equity golf club associations where the current market is quite challenging.

The current absorption rate for condos in the 34990 zip code area jumped to 13.8 months (was 10.9 months in September). Still a buyer’s market for Palm City condominiums. A balanced market is considered to be an absorption rate of around 6 to 7 months.

The September 2017 numbers were: 68 active listings, 7 pending sales, and 3 closed sales. Down slightly this year when compared to September 2017.

Palm City FL 34990 Condo Market Report September 2018

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Palm City FL 34990 Condo Market Report September 2018

Stuart Florida 34994 Residential Market Report September 2018

10.16.18 by Gabe Sanders

Stuart Florida 34994 Residential Market Report September 2018

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for September 2018

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

There are currently 72 active listings (Up by 1 home from August)

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

17 Homes Sold in May (Increased by 2 homes from August)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues to show good activity. Pending sales were off this month which could be an indication of a slower market in the next few months.

The one-month absorption rate for the 34994 zip code for September dipped to 4.2 months from 4.7 months for August. Remaining in a seller’s market 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 September 2017 numbers were 76 Active Listings, 21 pending sales, and 8 closed sales. Considerably stronger closed sales activity this year.

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Stuart, FL Real Estate

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Residential Income Properties for Sale in Stuart, Florida Between $0 – $500,000

Stuart Florida 34994 Residential Real Estate Market Report September 2018

Martin County Townhouses and Condos August 2018 Market Report

10.08.18 by Gabe Sanders

Martin County Townhouses and Condos August 2018 Market Report

Martin County Townhouses and Condos August 2018 Market Report showed weaker sales activity when compared to August of 2017. Closed sales for the month were down by 24.1% (was down by 7.0% in July) while new sales under contract (new pending sales) were down by 7.8% from August 2017 (decreased by 16.5 in July).

Prices, however, continue to rise significantly. The median sales price increased by 13.3% (was up by 27.5% in July) while the average sales price increased by 24.0% (was up by 34.8% in July) as compared to August of 2017.

The inventory of available townhouses and condos decreased by 20 units to 299 properties as compared to last month. This is 14.8% less inventory then the August 2017 data. Currently, there’s a 3.0 month supply of inventory (compared to 3.7 months for August 2017). Remaining in a strong 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.

Click here to view or download the full report:
Martin County Townhouses and Condos August 2018 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 August 2018 Market Report

Martin County Single Family Homes August 2018 Market Report

10.05.18 by Gabe Sanders

Martin County Single Family Homes August 2018 Market Report

The Martin County Single Family Homes August 2018 Market Report had another month of weaker sales when compared to August 2017. The only positive note was an increase in new pending sales. (But this is still a very active market.) Closed sales were down by 15.8% (was down by 1.4% in July). While new pending sales increased by 8.2% as compared to August 2017 (Decreased by 13.0% in July).

Prices were mixed for August. The median sales price was down by 1.4% from last year (up by 4.2% in July) while the average sales price increased by 2.2% (was down by 4.5% last month).

The inventory of available single-family homes decreased from last month by 17 homes to 900 units for August, this is 12.0% less than last August. The current supply of homes is 4.5 months, for August 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. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
Martin County Single Family Homes August 2018 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 August 2018 Market Report

Palm Cove Golf and Yacht Club September 2018 Market Report

10.04.18 by Gabe Sanders

Palm Cove Golf and Yacht Club September 2018 Market Report

There are currently 11 properties actively listed in Palm Cove Yacht and Golf Club for September 2018 in Palm City, Florida. List prices range from a low of $350,000 up to $1,950,000. The average list price is $812,809 which works out to $205.15 per square foot of living area.

There is only 1 home currently under contract in the Palm Cove community of Palm City as of September 2018. This home was listed for $474,900 or $156.17 per square foot of living area. This home was on the market for 138 days before going under contract.

In the past 12 months, 10 homes have sold in Palm Cove Yacht and Golf Cub with sales prices from $260,000 up to $1,764,000. This is an average sales price of $594,670 or $187.60 per square foot of living area. These homes were on the market for an average of 60 days prior to going under contract and sales prices averaged 95% of the list price

About the Palm Cove Yacht and Golf Club:

The Palm Cove Golf and Yacht Club in Palm City Florida includes 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 club house 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.

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. Home owner (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 2018 Market Report

Westwood Country Estates Palm City September 2018 Market Report

10.03.18 by Gabe Sanders

Westwood Country Estates Palm City September 2018 Market Report

As of September 2018, there are no homes on the market in Westwood Country Estates in Palm City, FL.

There is one home currently under contract (pending sale). The list price was $449,900 or $180.68 per sq. ft. of living area.

There have been 3 homes sold in the past 12 months in Westwood Country Estates. Sales prices ranged from $449,900 up to $700,000 for an average sales price of $569,967 which is $181.75 per sq. ft. of living area. These sales averaged 98% of list price and went under contract in an average of 56 days on market.

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

Westwood Country Estates Palm City September 2018 Market Report

Hobe Sound FL 33455 Condo Market Report August 2018

10.02.18 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report August 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2018

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

There are currently 4 active condo listings. (Decreased by 1 condos from July)

4 Condos are pending and awaiting close. (Down by 1 condo from July)

4 Condos sold in August. (Up by 1 condo from July)

The absorption rate for Hobe Sound condos was 1.0 months for August as compared to 1.3 months in 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 2017 numbers were: 15 active listings, 4 pending sales, and 6 closed sales. Much better activity last year on a greatly larger inventory.

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

Search for Hobe Sound FL Condos for Sale Here

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report August 2018

Jensen Beach FL 34957 Condo Market Report August 2018

09.28.18 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report August 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2018

For August 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 82 active listings. (Decreased by 5 condos from July)

37 Condo sales are pending and awaiting settlement. (Up by 3 condos from July)

27 Condos Sold (Up by 1 condos from July)

The Jensen Beach FL 34957 Condo Market Report for August continued remained very active and is one of the strongest markets in the Martin County area. Both pending and closed sales increased slightly along with another drop in the inventory of available condos for sale.

The one-month absorption rate for the August 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched down to 3.0 months (from 3.3 months in July), remaining in a 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 August 2017 numbers were: 80 active listings, 41 pending sales, and 26 condos closed. Very similar market activity when compared to last year.

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Jensen Beach FL 34957 Condo Market Report August 2018

Palm City FL 34990 Condo Market Report August 2018

09.26.18 by Gabe Sanders

Palm City FL 34990 Condo Market Report August 2018

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for August 2018

For August 2018 in the 34990 Zip Code area of Palm City, Florida :

There are currently 76 active condo listings. (Decreased by 2 condos from July)

7 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from last month)

7 Condos Sold in August. (Up by 6 condos from July)

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. For August sales came back from the dismal July number. Pending sales remain a little on the weak side.

The current absorption rate for condos in the 34990 zip code area dropped to 10.9 months (was 78 months in August). Still a buyer’s market for Palm City condominiums, but not nearly as extreme as last month. A balanced market is considered to be an absorption rate of around 6 to 7 months.

The August 2017 numbers were: 73 active listings, 8 pending sales, and 8 closed sales. Down slightly this year when compared to August 2017.

Palm City FL 34990 Condo Market Report August 2018

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Stuart Florida Real Estate presented by:
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Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report August 2018

Stuart Florida 34994 Residential Market Report August 2018

09.17.18 by Gabe Sanders

Stuart Florida 34994 Residential Market Report August 2018

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for August 2018

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

There are currently 71 active listings (Unchanged from July)

28 Residential sales are pending and awaiting close or lender approval (Decreased by 2 homes from last month).

15 Homes Sold in May (Decreased by 6 homes from July)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had a somewhat weaker month than last month. Both closed and pending sales decreased. The inventory remained unchanged.

The one-month absorption rate for the 34994 zip code for August rose to 4.7 months from 3.4 months for July. Remaining in a seller’s market 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 August 2017 numbers were 77 Active Listings, 26 pending sales, and 16 closed sales. Very similar activity when compared to last year.

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Search here for Stuart Florida Real Estate for Sale

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team