Martin County Single Family Homes June 2018 Market Report

The Martin County Single Family Homes June 2018 Market Report had a second month of weaker sales when compared to June 2017. Closed sales were down by 7.3% (was down by 4.0% in May). While new pending sales decreased by 19.6% as compared to June 2017 (Decreased by 17.6% in May).

Prices, however, were up for June. The median sales price was up by 3.4% from last year (up by 1.7% in May) while the average sales price increased by 11.8% (was down by 10.1% last month).

The inventory of available single-family homes decreased from last month by 57 homes to 896 units for June, this is 12.8% less than last June. The current supply of homes is 4.4 months, for June of last year, it was a 5.1 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 June 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 June 2018 Market Report

Hobe Sound FL 33455 Condo Market Report June 2018

07.30.18 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report June 2018

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

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

There are currently 4 active condo listings. (Decreased by 2 condos from May)

5 Condos are pending and awaiting close. (Unchanged from May)

3 Condos sold in June. (Increased by 2 condos from May)

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 was 1.3 months for June as compared to 6 months in 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 2017 numbers were: 15 active listings, 4 pending sales, and 3 closed sales. Similar sales and pending activity to last year on an inventory that is two thirds less.

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Hobe Sound FL 33455 Condo Market Report June 2018

Copperleaf July 2018 Real Estate Market Report

07.30.18 by Gabe Sanders

Copperleaf July 2018 Real Estate Market Report

There are currently 6 homes listed in Copperleaf in Palm City, Florida. List prices are from $499,000 up to $1,024,000 for an average list price of $772,667 which equals $240.96 per square foot of living area.

There are 2 homes under contract awaiting closing. The list prices were $455,000 and $539,900 which averages to a $497,450 list price and $204.53 per square foot of living area. These homes averaged 52 days on market before going under contract.

In the past 12 months, 21 homes have sold in Copperleaf with an average sales price of $483,348 or $166.38 per square foot of living area and at 96% list to sales price ratio. The lowest sales price was $392,500 while the highest was $825,000. These homes went under contract in an average of 40 days.

About Copperleaf in Palm City FL:

Copperleaf in Palm City FL was first developed by Centex Homes with the first homes constructed and sold in 2007. New construction continues to the present now under the name of Pulte Homes. As of this writing there are 123 homes in Copperleaf. Though, construction continues with room for considerably more homes.

Home sizes range from estate size homes on over ½ an acre with more than 6,000 sq. ft. of living area down to smaller 3 bedroom, 2 bath homes with 2 car (or more) garages of 1,705 sq. ft. Copperleaf is conveniently located close to both Florida’s Turnpike and I-95 yet just minutes to shopping, restaurants and the well-respected schools that Martin County has to offer. Only a few more minutes and you can be on the beach or launch your boat at one of the many boat ramps in the area.

Copperleaf offers is a gated community with a manned gate by the beautiful entrance. There’s a clubhouse with exercise facilities, two tennis courts, a community pool and a playground for the little ones. As of this writing, the Home Owner’s Association fees are $233 per month. These fees cover Basic Cable TV, Manager, Recreational Facilities, Reserve Fund, Security and Trash pickup.

There are excellent new construction opportunities as well as re-sales available in Copperleaf of Palm City FL. Call us for details.

Currently, these homes are available for sale in Copperleaf Palm City

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

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Copperleaf July 2018 Real Estate Market Report

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Copperleaf July 2018 Real Estate Market Report

Jensen Beach FL 34957 Condo Market Report June 2018

07.26.18 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report June 2018

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

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

There are currently 103 active listings. (Decreased by 5 condos from May)

38 Condo sales are pending and awaiting settlement. (Down by 5 condos from May)

31 Condos Sold (Unchanged from May)

The Jensen Beach FL 34957 Condo Market Report for June continued to show strong sales activity. Small decreases in pending sales and inventory as compared to last month.

The one-month absorption rate for the June 2018, Jensen Beach Florida Market Report ZIP Code 34957 decreased to 3.3 months (from 3.5 months in May), still in a seller’s market. A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The June 2017 numbers were: 105 active listings, 44 pending sales, and 31 condos closed. Not any significant difference from last years numbers.

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Jensen Beach FL 34957 Condo Market Report June 2018

Palm City FL 34990 Condo Market Report June 2018

07.24.18 by Gabe Sanders

Palm City FL 34990 Condo Market Report June 2018

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

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

There are currently 86 active condo listings. (Decreased by 1 condos from May)

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

9 Condos Sold in June. (Unchanged from May)

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. For June there wasn’t much change in activity when compared to last month. The Palm City condo market is hampered by two equity golf course communities with slow sales in the current environment.

The current absorption rate for condos in the 34990 zip code area inched down to 9.6 months (was 9.7 months in July). Still in 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 June 2017 numbers were: 75 active listings, 10 pending sales, and 6 closed sales. This is one of the few segments of the Martin County real estate market with a higher inventory of properties for sale this year when compared to last June. Sales were slightly higher while pending sales were off this year.

Palm City FL 34990 Condo Market Report June 2018

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Palm City FL 34990 Condo Market Report June 2018

Portofino Condos at Jensen Beach July 2018 Market Report

07.18.18 by Gabe Sanders

Portofino Condos at Jensen Beach July 2018 Market Report

As of July 2018, there are 2 condos available for sale in Portofino. List prices are $143,000 and $172,500 which averages to $157,750 or $147.44 per sq. ft. of living area.

There are no condos under contract at this time.

In the past 12 months, 14 condos have sold in Portofino, ranging in sales price from $95,000 up to $175,000 for an average sales price of $138,439 which equals a price per sq. ft. of $136.22. The average days on market was 42 and the average list to sales price ratio was 96%.

About the Portofino Condos at Jensen Beach:

Portofino of Jensen Beach is a gorgeous gated condo community that’s just great for families or singles. Portofino offers fantastic amenities such as a resort-style pool and hot tub, a state-of-the-art fitness center, and an indoor air-conditioned racquetball court along with outdoor tennis court. A business center is also available that delivers the conveniences of a home office, with computers, a copier, and a fax machine to keep you connected. A children’s playground is also available. This community is only 10 minutes from the beaches, and it is just minutes to both Jensen Beach Elementary School and Jensen Beach High School. Jensen Beach students also attend Stuart Middle School which is only about 15 minutes away.

Portofino Condos at Jensen Beach

Portofino Condos at Jensen Beach is one of the newest condominium subdivisions in Martin County. Originally built as an upscale apartment complex around 2000, this development was turned into condominiums and began sales in 2005. Due to the downturn in the housing market, not all units were sold and some are now being offered for lease. Portofino Condos at Jensen Beach July 2018 Market Report features 1, 2 and 3 bedroom units with separate garage parking as an added purchase when available. Unit sizes are 802 sq. ft. for the 1 Bedroom 1 bath, 1074 sq. ft. for the 2 Bedroom 2 bath, and 1252 sq. ft. for the 3 Bedroom 2 bath.

With a total of 384 units, there are 116 one-bedroom, 196 two-bedroom, and 72 three-bedroom units within Portofino that are spacious and include balconies! Portofino provides luxury living for its residents, set in a peaceful Florida preserve atmosphere, many with lake views. Living in Portofino of Jensen Beach you will feel like you are on vacation year round!

The Condo Owners Association fees range from $209 to $330 per month depending on unit size and for garage owners, there’s an additional $20 per month charge. Fees include the extensive grounds and gated entry as well as the amenities, which include a large community pool, heated whirlpool, state of the art fitness center, indoor racquetball court, tennis court, playground and a private clubhouse with a full kitchen.

All ages are welcome in Portofino Condos at Jensen Beach. Children attend Martin County’s highly rated school system, currently at Jensen Beach elementary school, Stuart middle school and Jensen Beach high school. Portofino Condos is close to the Treasure Coast mall as well as numerous shops and restaurants, medical facilities and only a few minutes to the waterways of Martin County and the beaches of Hutchinson Island.

Portofino Condos at Jensen Beach

For information about sales or rentals of Portofino Condos in Jensen Beach, please call the Gabe Sanders real estate team at 772-323-6996 or contact us here.

Jensen Beach Florida Real Estate

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Portofino Condos at Jensen Beach July 2018 Market Report

Lake Tuscany July 2018 Market Report

07.15.18 by Gabe Sanders

Lake Tuscany July 2018 Market Report

As of July 2018, there are 2 homes available for sale in Lake Tuscany in Stuart FLwith listing prices of $469,900 and $485,000 for an average list price of $477,450 which is an average price per square foot of living area of $133.37.

There is 1 home currently under contract. This home was listed for $460,315 or $184.57 per sq. ft. of living area and was on the market for only 9 days prior to going under contract.

In the past 12 months, 8 homes have sold in Lake Tuscany ranging in sales price from $370,000 up to $470,000 for an average sales price of $428,063 which equals $151.17 per sq. ft. of living area. These homes took an average of 117 days on market to go under contract and sold at 97% of list price.

About Lake Tuscany in Stuart Florida:

Lake Tuscany in Stuart FL is a newer subdivision just to the west of I-95 in Martin County, Florida. The homes in Lake Tuscany were mostly completed between 2004 to 2005. This attractive subdivision is set up with a gated entrance and all 98 homes in Lake Tuscany are on Panther Trace which makes a large circle around the lake in the center. Homes range from 3 Bedroom, 3 Bath or 4 BR 2 Baths of around 2100 sq. ft. of living area to spacious 6 Bedroom, 4 Bathroom 2 story homes with lofts and theater rooms with pools by the lakeside along with 3 car garages. All are high-quality homes built by local builder Mercedes Homes.

Lake Tuscany boasts lush landscaping and very reasonable Home Owner’s Association fees of $398 per quarter. These fees cover security, the common areas and lake upkeep, basic cable, trash collection and front landscaping. The Lake Tuscany property owners web site is located at this site.

Families in Lake Tuscany enjoy Martin County’s ‘A’ rated schools in the following schools: Crystal Lake Elementary, David L Anderson Middle School and South Fork High School. Shopping is only minutes away and there’s easy access to Martin County’s waterways and just a short drive to the many public beaches.

Lake Tuscany in Stuart Florida

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For any questions you may have about Lake Tuscany Real Estate Update in Stuart FL July 2018, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Lake Tuscany July 2018 Market Report

Archipelago of Sewalls Point July 2018 Market Report

07.14.18 by Gabe Sanders

Archipelago of Sewalls Point July 2018 Market Report

For July 2018 there are 3 homes available for purchase in the Archipelago of Sewalls Point. The list prices range from $795,000 up to $1,695,000 for an average list price of $1,161,667 or $353.28 per sq. ft. of living area.

There are no homes are currently under contract.

In the past 12 months, there also have been no sales in the Archipelago of Sewalls Point.

Located in the prestigious town of Sewalls Point, Florida the Archipelago is a non-gated neighborhood of all waterfront homes with access to the crystal clear waters of the Atlantic Ocean through the Saint Lucie Inlet in Martin County, Florida. All the homes in the Archipelago are on either the wide waters of the Indian River or located on deep water canals. The Saint Lucie Inlet to the Atlantic is less than two miles away by water. Access is maintained by dredging all Archipelago waterways to 6’. Homes range from modest older frame homes to spectacular estate lots with magnificent views.

View of the Archipelago of Sewalls Point

The link below will take you to all currently available Archipelago homes in Sewalls Point, Florida

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July 2018 Archipelago Real Estate of Sewalls Point Market Report

Stuart Florida 34994 Residential Market Report June 2018

07.13.18 by Gabe Sanders

Stuart Florida 34994 Residential Market Report June 2018

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

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

There are currently 69 active listings (Up by 2 homes from May)

28 Residential sales are pending and awaiting close or lender approval (Decreased by 7 homes from last month).

17 Homes Sold in May (Decreased by 6 homes from May)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida eased a little for June but remains very active.

The one-month absorption rate for the 34994 zip code for May rose to 4.1 months from 2.9 months for May. 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 June 2017 numbers were 72 Active Listings, 34 pending sales, and 13 closed sales. Better sales activity this year with less inventory of available homes for sale. Though, the pending sales numbers were better last year.

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Stuart, FL Real Estate

Business Opportunity Properties

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Stuart Florida 34994 Residential Real Estate Market Report June 2018

Martin County Townhouses and Condos May 2018 Market Report

07.09.18 by Gabe Sanders

Martin County Townhouses and Condos May 2018 Market Report

Martin County Townhouses and Condos May 2018 Market Report showed stronger sales activity than we had last year. Closed sales for the month were up by 13.0% (were down by 3.8% in April) while new sales under contract (new pending sales) were up by 20.8% from May 2017 (increased by 25.2 in April).

Prices continue to rise (though not as fast as last month, but faster than last year) as the median sales price increased by 6.3% (was up by 17.8% in April) while the average sales price increased by 5.1% (was up by 12.0% in April) as compared to May of 2017.

The inventory of available townhouses and condos decreased by 38 units to 392 properties as compared to last month. This is 6.9% less inventory then the May 2017 data. Currently, there’s a 3.9 month supply of inventory (compared to 4.5 months for May 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 May 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 May 2018 Market Report

Martin County Single Family Homes May 2018 Market Report

07.06.18 by Gabe Sanders

Martin County Single Family Homes May 2018 Market Report

The Martin County Single Family Homes May 2018 Market Report had weaker sales results compared to May 2017. Closed sales were down by 4.0% (was down by 1.9% in April). While new pending sales decreased by 17.6% as compared to May 2017 (Increased by 2.3% in April).

Prices were mixed for May. The median sales price was up by 1.7% from last year (up by 12.5% in April) while the average sales price decreased by 10.1% (was up by 34.9% last month).

The inventory of available single-family homes decreased from last month by 37 homes to 954 units for May, this is 8.1% less than last May. The current supply of homes is 4.7 months, for May of last year, it was a 5.2 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 May 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 May 2018 Market Report

Sunset Trace Palm City June 2018 Market Report

07.06.18 by Gabe Sanders

Sunset Trace Palm City June 2018 Market Report

As of June 2018, there are 9 homes for sale in Sunset Trace. These homes have list prices from $145,500 up to $184,900 for an average list price of $169,889 or $132.95 per square foot of living area.

There are 10 homes under contract and awaiting settlement. The list prices ranged from $144,900 up to $179,900 for an average list price of $159,750 which equals $121.81 per sq. ft. of living area. These homes were on the market for an average of 30 days prior to going under contract.

In the past 12 months, 41 homes have sold in Sunset Trace. Sales prices ranged from a low of $125,000 up to $215,000 for an average sales price of $157,222 which equals $120.78 per sq. ft. of living area. These homes sold for an average of 96% of their final list price and went under contract in an average of 39 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.

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Sunset Trace Villas and Townhomes for Sale

Sunset Trace Palm City June 2018 Market Report

Hobe Sound FL 33455 Condo Market Report May 2018

07.02.18 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report May 2018

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

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

There are currently 6 active condo listings. (Decreased by 2 condos from April)

5 Condos are pending and awaiting close. (Unchanged from April)

1 Condos sold in May. (Decreased by 6 condos from April)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. We saw a further decline in inventory which is not a good sign for future sales volume.

The absorption rate for Hobe Sound condos was 6 months for May as compared to 1.1 months in April). 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 2017 numbers were: 16 active listings, 5 pending sales, and 2 closed sales. Much stronger activity last year with more than double the inventory of available condos for sale.

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Hobe Sound FL 33455 Condo Market Report May 2018

Jensen Beach FL 34957 Condo Market Report May 2018

06.28.18 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report May 2018

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

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

There are currently 108 active listings. (Decreased by 10 condos from April)

43 Condo sales are pending and awaiting settlement. (Up by 3 condos from April)

31 Condos Sold (Down by 11 condos from April)

The Jensen Beach FL 34957 Condo Market Report for May continued to show strong sales activity. Closed sales were off from last month but still strong. Unfortunately, like in many other Martin County areas, the inventory is decreasing.

The one-month absorption rate for the May 2018, Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.5 months (from 2.4 months in April), still a 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 2017 numbers were: 122 active listings, 44 pending sales, and 28 condos closed. Quite a similar volume of sales and pending sales when compared to last year but on a reduced number of condos available for sale.

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Jensen Beach FL 34957 Condo Market Report May 2018

Palm City FL 34990 Condo Market Report May 2018

06.26.18 by Gabe Sanders

Palm City FL 34990 Condo Market Report May 2018

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

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

There are currently 87 active condo listings. (Decreased by 1 condos from April)

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

9 Condos Sold in May. (Up by 2 condos from April)

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. For May there was an improvement closed sales while pending sales were down by 4 condos. The Palm City condo market is hampered by two equity golf course communities with slow sales in the current environment.

The current absorption rate for condos in the 34990 zip code area dropped to 9.7 months (was 12.6 months in July). Still in 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 May 2017 numbers were: 76 active listings, 11 pending sales, and 4 closed sales. There was better sales activity for this year. The Palm City condo marketis one of the few areas in Martin County with a larger inventory this year than last.

Palm City FL 34990 Condo Market Report May 2018

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Palm City FL 34990 Condo Market Report May 2018

Locks Landing in Stuart Florida June 2018 Market Report

06.21.18 by Gabe Sanders

Locks Landing in Stuart Florida June 2018 Market Report

As of June 2018, there are 4 homes on the market in Locks Landing in Stuart Florida. These homes are listed from $420,000 up to $529,000 for an average list price of $464,750 which equals to $194.43 per sq. ft. of living area.

There is 1 home currently under contract. The list price was $380,000 or $202.24 per sq. ft. of living area. This home was on the market for 32 days prior to going under contract.

In the past 12 months, 15 homes have sold in Locks Landing with sales prices ranging from $368,000 up to $520,000 for an average sales price of $452,787 or $190.33 per sq. ft. of living area. These sales averaged 96% of list price and on average went under contract within 74 days of being listed.

About Locks Landing in Stuart FL:

Locks Landing in Stuart Florida is a 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 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 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

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

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Locks Landing in Stuart Florida June 2018 Market Report

Snug Harbor Stuart June 2018 Market Report

06.17.18 by Gabe Sanders

Snug Harbor June 2018 Market Report

As of June 2018, there were no active listings in Snug Harbor in Stuart, FL.

There is one home currently under contract. List price was $1,700,000 for $$1,082.80 per sq. ft. of living area. This home was on the market for 165 days prior to going under contract.

3 homes have sold in Snug Harbor in the past 12 months. Ranging in sales price from a low of $1,210,000 up to $2,150,000. The average sales price was $1,695,000 or $499.46 per sq. ft. of living area. These sales averaged 93% of the last listed price and averaged 122 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.

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 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.

Please feel free to contact Gabe Sanders (772-323-6996), a Snug Harbor resident, if you would like any information about this wonderful community.

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Snug Harbor June 2018 Market Report

Stuart Florida 34994 Residential Market Report May 2018

06.15.18 by Gabe Sanders

Stuart Florida 34994 Residential Market Report May 2018

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

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

There are currently 67 active listings (Down by 7 homes from April)

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

23 Homes Sold in April (Increased by 10 homes from April)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed very strong sales activity for this month. Much better than last month as well as last year.

The one-month absorption rate for the 34994 zip code for April plunged to 2.9 months from 5.7 months for April. Going to a stronger 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 May 2017 numbers were 71 Active Listings, 32 pending sales, and 16 closed sales. Stronger activity for this month when compared to last year.

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