Hobe Sound FL 33455 Condo Market Report July 2018

08.28.18 by

Hobe Sound FL 33455 Condo Market Report July 2018

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

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

There are currently 5 active condo listings. (Increased by 1 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2018

5 Condos are pending and awaiting close. (Up by 1 condo from June)

Hobe Sound FL 33455 Condo Market Report July 2018

3 Condos sold in July. (Unchanged from June)

 Hobe Sound FL 33455 Condo Market Report July 2018

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 1.3 months for July as compared to 6 months in 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 2017 numbers were: 19 active listings, 3 pending sales, and 0 closed sales.  Much better activity this year on hardly any inventory.

Hobe Sound FL 33455 Condo Market Report July 2018

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Click on this link and fill out the form for an accurate personal evaluation

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report July 2018

Hunters Creek Palm City August 2018 Market Report

08.28.18 by

Hunters Creek Palm City August 2018 Market Report

Currently for August 2018, there is only one home on the market in Hunters Creek in Palm City, FL.  This home is listed for $370,000 which is also $157.78 per sq. ft. of living area.

There are two homes currently under contract (pending sale).  These homes were listed for $429,000 and $479,000.  This equals an average list priece of $454,000 or $190.81  per sq. ft. of living area.  These homes averaged 89 days on the market before going under contract.

There have been four homes sold in the past 12 months in Hunters Creek.  Sales prices were from $320,000 up to $460,000 for an average sales price of $385,000 which equals $172.03 per sq. ft. of living area.  These homes sold on average of 96% of the last listed price and were under contract on an average 110 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.

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.

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

Hunters 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 2018 Market Report

Foxwood Stuart FL August 2018 Market Update

08.27.18 by

Foxwood Stuart FL August 2018 Market Update

As of August 2018, there were no homes on the market in the Foxwood equestrian community in Stuart, FL.

There is 1 home under contract at this time.  It was listed for $374,900 or $138.24 per sq. ft. of living area.  This home was on the market for 47 days before going under contract.

In the past 12 months, there were a total of 4 sales in this sought after Stuart community.  Sales prices ranged from $285,000 up to $600,000 for an average sales price of $453,250 which equals $190.40 per sq. ft. of living area.  These sales averaged a sales price of 97% of the last list price and took an average of 89 days on the market before going under contract.

About Foxwood 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 a 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.

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

Construction of homes in Foxwood began in 1978.  Four phase 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 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

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

Stuart Florida Real Estate

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

Foxwood Stuart FL August 2018 Market Update

Jensen Beach FL 34957 Condo Market Report July 2018

08.24.18 by

Jensen Beach FL 34957 Condo Market Report July 2018

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

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

There are currently 87 active listings. (Decreased by 16 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2018

34 Condo sales are pending and awaiting settlement. (Down by 4 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2018

26 Condos Sold (Down by 5 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2018

 The Jensen Beach FL 34957 Condo Market Report for July continued to show strong sales activity.  Both pending and closed sales decreased slightly along with a little larger drop in the inventory of available condos for sale.

The one-month absorption rate for the July 2018, Jensen Beach Florida Market Report ZIP Code 34957 remained unchanged at 3.3 months (from 3.3 months in June), still 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 July 2017 numbers were: 93 active listings, 35 pending sales, and 32 condos closed.  Slightly stronger activity last year.

Jensen Beach FL 34957 Condo Market Report July 2018

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Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report July 2018

Palm City FL 34990 Condo Market Report July 2018

08.22.18 by

Palm City FL 34990 Condo Market Report July 2018

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

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

There are currently 78 active condo listings. (Decreased by 8 condos from June)

   Palm City FL 34990 Condo Market Report July 2018

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

Palm City FL 34990 Condo Market Report July 2018

1 Condos Sold in July. (Down by 8 condos from June)

Palm City FL 34990 Condo Market Report July 2018

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For July sales really tanked with only one closed sale.

The current absorption rate for condos in the 34990 zip code area exploded to 78 months (was 7.8 months in July).  Now in an extreme buyer’s market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The July 2017 numbers were: 75 active listings, 9 pending sales, and 2 closed sales.  Even though the activity is very slow for Palm City Condos this month, it’s very similar to what happened last year.
Palm City FL 34990 Condo Market Report July 2018
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Click on this link and fill out the form for an accurate personal evaluation

Stuart Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report July 2018

Pipers Landing August 2018 Market Report

08.20.18 by

Pipers Landing August 2018 Market Report

There are currently 25 active listings for sale in Pipers Landing.  List prices for these homes and condos range from $100,000 to $975,000 for an average list price of $247,524 which equals $86.01 per sq. ft. of living area.

As of this time, there are 3 homes under contract which haven’t closed to date.  List prices for these properties were from $50,000 and $400,000 for an average of $233,000 which is $70.60 per sq. ft. of living area.  These homes averaged 106 days on market before going under contract.

In the past 12 months, 23 homes have sold in Pipers Landing.  The sales prices ranged from a low of $1.00 up to $445,000.  The average sales price was $166,848 or $56.49 per sq. ft. of living area.  These sold listings averaged 162 days on the market before going under contract and sold at an average of 77% of the list price.

About 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′.

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.

Search for Pipers Landing Homes and Condos in Palm City Florida


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Pipers Landing August 2018 Market Report

Stuart Florida 34994 Residential Market Report July 2018

08.13.18 by

Stuart Florida 34994 Residential Market Report July 2018

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

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

There are currently 71 active listings (Up by 2 homes from June)

Stuart Florida 34994 Residential Market Report June 2018

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

Stuart Florida 34994 Residential Market Report June 2018

21 Homes Sold in May (Increased by 4 homes from June)

Stuart Florida 34994 Residential Market Report June 2018

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues to show very strong activity in single family real estate sales.

The one-month absorption rate for the 34994 zip code for July dipped to 3.4 months from 4.1 months for June.  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 July 2017 numbers were 79 Active Listings, 25 pending sales, and 12 closed sales.  Better all around activity this year with less inventory of available homes for sale.

Stuart Florida 34994 Residential Market Report June 2018

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Stuart, FL Real Estate

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Stuart Florida 34994 Residential Real Estate Market Report July 2018

Martin County Townhouses and Condos June 2018 Market Report

08.06.18 by

Martin County Townhouses and Condos June 2018 Market Report

Martin County Townhouses and Condos June 2018 Market Report showed mixed sales activity when compared to June of 2017.  Closed sales for the month were up by 29.5% (were up by 13.0% in May) while new sales under contract (new pending sales) were down by 15.9% from June 2017 (increased by 20.8 in May).

Prices were mixed for this month with very little gain or loss.  The median sales price increased by 0.3% (was up by 6.3% in May) while the average sales price decreased by 0.9% (was up by 5.1% in May) as compared to June of 2017.

The inventory of available townhouses and condos decreased by 33 units to 359 properties as compared to last month.  This is 9.3% less inventory then the June 2017 data.  Currently, there’s a 3.5 month supply of inventory (compared to 4.3 months for June 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.

Martin County Townhouses and Condos June 2018 Market Report

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

The Yacht and Country Club of Stuart August 2018 Market Report

08.06.18 by

The Yacht and Country Club of Stuart August 2018 Market Report

August 2018 Market Update:

There are 12 homes currently for sale in the Yacht and Country Club of Stuart.  Listing prices range from $189,900 to $1,375,000 for an average list price of $622,825 which works out to $212.15 per sq. ft. of living area.

There are currently 2 homes under contract with list prices of $325,000 and $549,900.  The average list price of these pending sales is $437,450 or $198.61 per sq. ft. of living area.  These homes averaged 69 days on market before going under contract.

51 homes have sold in the past 12 months.  Ranging in sales price from $185,000 to $1,253,125.  The average sales price was $420,578 which comes out to $183.14 per sq. ft. of living area.  These homes went under contract in an average of 70 days with sales prices averaging for 95% of list price.

About the Yacht and Country Club of Stuart:

 The Yacht and Country Club of Stuart

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 Yacht and Country Club of Stuart, 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 Yacht and Country Club of Stuart

The clubhouse at the Yacht and Country Club of Stuart 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 Yacht and Country Club of Stuart

There is a heated swimming pool open daily and water aerobics is offered on a weekly basis. The Yacht and Country Club of Stuart 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 Yacht and Country Club of Stuart, Florida Homes

Truly a wonderful place to call home.

 

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

The Yacht and Country Club of Stuart August 2018 Market Report

Martin County Single Family Homes June 2018 Market Report

08.03.18 by

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.

Martin County Single Family Homes June 2018 Market Report

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

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)

Hobe Sound FL 33455 Condo Market Report June 2018

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

Hobe Sound FL 33455 Condo Market Report June 2018

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

 Hobe Sound FL 33455 Condo Market Report June 2018

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.

Hobe Sound FL 33455 Condo Market Report June 2018

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:
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Hobe Sound FL 33455 Condo Market Report June 2018

Copperleaf July 2018 Real Estate Market Report

07.30.18 by

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 July 2018 Real Estate Market Report

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.

Copperleaf July 2018 Real Estate Market Report

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 July 2018 Real Estate Market Report

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.

Copperleaf July 2018 Real Estate Market Report

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

 Copperleaf July 2018 Real Estate Market Report

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

Palm City Florida Real Estate

Copperleaf July 2018 Real Estate Market Report

 

Residential Homes, Condos and Land
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Copperleaf July 2018 Real Estate Market Report

 

Jensen Beach FL 34957 Condo Market Report June 2018

07.26.18 by

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)

Jensen Beach FL 34957 Condo Market Report June 2018

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

Jensen Beach FL 34957 Condo Market Report June 2018

31 Condos Sold (Unchanged from May)

Jensen Beach FL 34957 Condo Market Report June 2018

 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.

Jensen Beach FL 34957 Condo Market Report June 2018

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

Jensen Beach FL 34957 Condo Market Report June 2018

Palm City FL 34990 Condo Market Report June 2018

07.24.18 by

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)

   Palm City FL 34990 Condo Market Report June 2018

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

Palm City FL 34990 Condo Market Report June 2018

9 Condos Sold in June. (Unchanged from May)

Palm City FL 34990 Condo Market Report June 2018

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
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

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 June 2018

Portofino Condos at Jensen Beach July 2018 Market Report

07.18.18 by

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 Condos at Jensen Beach July 2018 Market Report

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

 

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.

Portofino at Jensen Beach

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!

Portofino Condos at Jensen Beach July 2018 Market Report

Portofino Condos at Jensen Beach July 2018 Market ReportThe 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.

Portofino Condos at Jensen Beach July 2018 Market Report

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

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

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

Portofino Condos at Jensen Beach July 2018 Market Report

Lake Tuscany July 2018 Market Report

07.15.18 by

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 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 real estate Stuart FL Lake Tuscany real estate Stuart FL

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.

Lake Tuscany real estate Stuart FL Lake Tuscany real estate Stuart FL

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

 Lake Tuscany real estate Stuart FL

Search here for currently available Lake Tuscany real estate in Stuart FL

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 in Stuart Florida

Lake Tuscany July 2018 Market Report

Archipelago of Sewalls Point July 2018 Market Report

07.14.18 by

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.

Aerial of 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

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

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)

Stuart Florida 34994 Residential Market Report June 2018

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

Stuart Florida 34994 Residential Market Report June 2018

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

Stuart Florida 34994 Residential Market Report June 2018

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.

Stuart Florida 34994 Residential Market Report June 2018

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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

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.

Martin County Townhouses and Condos May 2018 Market Report

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

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.

Martin County Single Family Homes May 2018 Market Report

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