Martin County Townhouses and Condos February 2018 Market Report

04.05.18 by

Martin County Townhouses and Condos February 2018 Market Report

Martin County Townhouses and Condos February 2018 Market Report showed reduced activity when compared to last year.  Closed sales for the month were down by 2.0% (were down by 1.2% in January) while new sales under contract (new pending sales) were down by 5.8% from February 2017 (increased by 21.3 in January).

Prices, however, continued their rise as the median sales price increased by 4.7% (was up by 5.2% in January) while the average sales price increased by  7.0% (was up by 14.0% in January) as compared to February of 2017.

The inventory of available townhouses and condos increased by 21 units to 437 properties as compared to last month.  This is 7.2% less than the February 2017 inventory.  Currently, there’s a 4.4 month supply of inventory (compared to 5.0 months for February 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 February 2018 Market Report

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

Martin County Single Family Homes February 2018 Market Report

04.04.18 by

Martin County Single Family Homes February 2018 Market Report

The Martin County Single Family Homes February 2018 Market Report had weaker closed sales for the month but an increase in pending sales as compared to last February.  Closed sales were down by 8.6% (was up by 11.0% in January).  While new pending sales decreased by 11.1% as compared to February 2017 (Decreased by 22.0% in January).

Prices were mixed with the median sales price up by 5.7% from last year (down by 2.4% in January) while the average price decreased by 8.5% (was up by 1.2% last month).

The inventory of available single-family homes increased from last month by 3 homes to 1036 units for January,  this is  9.2% less than last February.  The current supply of homes is 5.1 months, for February of last year, it was a 5.8 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 February 2018 Market Report

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

Hobe Sound FL 33455 Condo Market Report February 2018

03.31.18 by

Hobe Sound FL 33455 Condo Market Report February 2018

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

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

There are currently 10 active condo listings. (Decreased by 2 condos from January)

Hobe Sound FL 33455 Condo Market Report February 2018

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

Hobe Sound FL 33455 Condo Market Report February 2018

1 Condos sold in February. (Decreased by 3 condos from January)

 Hobe Sound FL 33455 Condo Market Report February 2018

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory, pending sales and closed sales all decreased for February.

The absorption rate for Hobe Sound condos was 10.0 months for February as compared to 3.o months in January). 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 February 2017 numbers were: 13 active listings, 6 pending sales, and 2 closed sales.  Stronger activity last year for Hobe Sound condos.

Hobe Sound FL 33455 Condo Market Report February 2018

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Hobe Sound FL 33455 Condo Market Report February 2018

Jensen Beach FL 34957 Condo Market Report February 2018

03.29.18 by

Jensen Beach FL 34957 Condo Market Report February 2018

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

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

There are currently 112 active listings. (Decreased by 7 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2018

46 Condo sales are pending and awaiting settlement. (Down by 1 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2018

30 Condos Sold (Up by 15 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2018

 The Jensen Beach FL 34957 Condo Market Report for February doubled the number of sales from last month.  A strong market continues in jensenbeach.

The one month absorption rate for the February 2018, Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.7 months (from 7.9 months in January), back into a seller’s market after a short two months outside of this.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The February 2017 numbers were: 123 active listings, 59 pending sales and 16 condos closed.  Better closed sales volume for this year, but higher pending sales volume last February.

Jensen Beach FL 34957 Condo Market Report February 2018

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Jensen Beach FL 34957 Condo Market Report February 2018

Palm City FL 34990 Condo Market Report February 2018

03.27.18 by

Palm City FL 34990 Condo Market Report February 2018

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

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

There are currently 103 active condo listings. (Increased by 1 condos from January)

   Palm City FL 34990 Condo Market Report February 2018

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

Palm City FL 34990 Condo Market Report February 2018

4 Condos Sold in February. (Down by 9 condos from January)

Palm City FL 34990 Condo Market Report February 2018

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For February closed sales were off from last month.  Inventory and pending sales showed incrementalimprovements.

The current absorption rate for condos in the 34990 zip code area shot up to 25.8 months (was 6.8 months in July).  A very strong buyers’ market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The February 2017 numbers were: 92 active listings, 11 pending sales, and 6 closed sales.  Slightly better activity last year even on a reduced number of condos available for sale (inventory).
Palm City FL 34990 Condo Market Report February 2018
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Palm City Florida Real Estate presented by:
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Palm City FL 34990 Condo Market Report February 2018

Westwood Country Estates Palm City March 2018 Market Report

03.25.18 by

Westwood Country Estates Palm City March 2018 Market Report

As of March 2018, there are 3 homes on the market in Westwood Country Estates in Palm City, FL.  The list prices range from $495,000 up to $649,900 for an average list price of $591,300 which equals $180.10 per sq. ft. of living area.

There are no homes currently under contract (pending sales)

There have been 2 homes sold in the past 12 months in Westwood Country Estates.  Sales prices were $330,000 and $455,000 for an average sales price of $392,500 which was $169.18 per sq. ft. of living area.  These sales averaged 95% of the list price and went under contract in an average of 29 days on market.

About 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!

There are only 77 homes in Westwood Country Estates in Palm City Florida.  Homeowner association fees are a very reasonable $375 per year.

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 Homes for Sale

Westwood Country Estates Palm City March 2018 Market Report

Stuart Florida 34994 Residential Market Report February 2018

03.23.18 by

Stuart Florida 34994 Residential Market Report February 2018

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

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

There are currently 81 active listings (Down by 5 homes from January)

Stuart Florida 34994 Residential Market Report February 2018

41 Residential sales are pending and awaiting close or lender approval (Increased by 3 homes from last month).

Stuart Florida 34994 Residential Market Report February 2018

13 Homes Sold in January (Increased by 2 homes from January)

Stuart Florida 34994 Residential Market Report February 2018

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida has gained inventory for two months in arow unlike most areas in Martin County.  Both sales and pending sales also increased.

The one-month absorption rate for the 34994 zip code for January dipped to 6.2 months from 7.8 months for January.  Returning to a balanced 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 February 2017 numbers were 68 Active Listings, 25 pending sales, and 10 closed sales.  One of the few areas of Martin County with increased inventory from last year along with better sales volume.

Stuart Florida 34994 Residential Market Report February 2018

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Stuart Florida 34994 Residential Real Estate Market Report February 2018

Cobblestone Country Club March 2018 Market Report

03.22.18 by

Cobblestone Country Club March 2018 Market Report

For March 2018 there are 6 homes for sale in the Cobblestone Country Club of Palm City, FL.  List prices range from $499,000 up to $850,000. The average list price equals $604,422 which is $195.61 per sq. ft. of living area.

There are 2 homes under contract and awaiting sale.  List prices are $544,900 and $709,000 which is an average list price of $626,950 or $194.10 per sq. ft. of living area.   These homes were on the market for an average of 100 days before going under contract.

In the past 12 months, 13 homes have sold in the Cobblestone Country Club.  Sale prices ranged from $373,000 up to $650,000 for an average sale price of $512,731 which equals $160.50 per sq. ft. of living area. These homes sold for an average of 95% of list price and went under contract in an average 0f 132 days after being listed.

About Cobblestone in Palm City:

Located just west of the center of Palm City, Cobblestone Country Club is a peaceful neighborhood of 512 acres with only 238 residences providing generous amounts of space around each home. This upscale community is adjacent to exit 110 on I-95 with easy access to all that Palm Beach County to the South and Orlando to the North, has to offer while enjoying the laid back low growth lifestyle, lower taxes and superior school systems that Martin County offers. Residents enjoy coming home to picturesque views of lakes, preserves and the 18-hole private Fox Golf Course in the Cobblestone Country Club. Homes in Cobblestone consist of new custom built homes and a selection of quality newer resale’s.

There are 232 homes and home sites in Cobblestone.  All homes are on a half-acre or larger lots and homes range from over 5,000 sq. ft. estate homes down to a small 1,377 sq. ft. 2 Bedroom, 2 Bath home.  Though the larger homes predominate in this upscale gated golf course community.  Homes were built from 1990 to 2011 and there are many vacant lots still available for sale on occasion.  HOA fees are a very reasonable $125 per month.

Search for Cobblestone Country Club Homes for Sale

Cobblestone Country Club Homes for Sale

Cobblestone Country Club March 2018 Market Report

Martin County Townhouses and Condos January 2018 Market Report

03.14.18 by

Martin County Townhouses and Condos January 2018 Market Report

Martin County Townhouses and Condos January 2018 Market Report showed mixed activity for the first month of 2018.  Closed sales for the month were down by 1.2% (was up by 19.7% in December) while new sales under contract (new pending sales) were up by 21.3% from January 2017 (increased by 1.3% in December).

Prices continued their march higher for January as the median sales price increased by 5.2% (was up by 15.4% in December) while the average sales price increased by 14.0 % (was up by 41.9% in December) as compared to January of 2017.  Improved results from last month as well as last year.

The inventory of available townhouses and condos increased by 20 units to 416 properties as compared to last month.  This is 14.2% less than the January 2017 inventory.  Currently, there’s a 4.2 month supply of inventory (compared to 5.2 months for January 2017).  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 January 2018 Market Report

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

Martin County Single Family Homes January 2018 Market Report

03.13.18 by

Martin County Single Family Homes January 2018 Market Report

The Martin County Single Family Homes January 2018 Market Report showed mixed results to start the year.  Closed sales were up while pending sales (future closed sale) were off.  Closed sales were up by 11.0% (was down by 7.2% in December).  While new pending sales decreased by 22.0% as compared to January 2017 (Decreased by 23.1% in December).

Prices were mixed with the median sales price down by 2.4% from last year (up by 8.8% in December) while the average price increased by 1.2% (was down by 0.6% last month).

The inventory of available single-family homes increased from last month by 108 homes to 1033 units for December,  this is  8.7% less than last January.  The current supply of homes is 5.0 months, for January of last year, it was a 5.8 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 January 2018 Market Report

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

Palm Cove Golf and Yacht Club March 2018 Market Report

03.13.18 by

Palm Cove Golf and Yacht Club March 2018 Market Report

There are currently 9 properties actively listed in Palm Cove Yacht and Golf Club for March 2018 in Palm City, Florida.  List prices range from a low of $270,000 up to the highest which is a waterfront home for $2,200,000.  The average list price is $832,978 which works out to $211.77 per square foot of living area.

There is only 1 home currently under contract in the Palm Cove community of Palm City as of March 2018.  This home was listed for $924,900 or $201.20 per square foot of living area.  This home was on the market for 15 days before going under contract.

In the past 12 months, 18 homes have sold in Palm Cove Yacht and Golf Cub with sales prices from $245,000 up to $1,800,000 for an average sales price of $660,124 or $190.61 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 at 96% of the list price

About the Palm Cove Yacht and Golf Club:

Palm Cove Golf and Yacht Club in Palm City

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.

Palm Cove Golf and Yacht Club in Palm City

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.

Palm Cove Golf and Yacht Club in Palm City

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.

Palm Cove Golf and Yacht Club in Palm City

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.

guardgate

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.

Palm Cove Golf and Yacht Club in Palm City

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

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Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Palm Cove Golf and Yacht Club March 2018 Market Report

Tres Belle March 2018 Market Report

03.09.18 by

Tres Belle March 2018 Market Report

There are 3 homes currently for sale in the Tres Belle subdivision of Stuart FL.  Listing prices are from $595,000 to $725,000 for an average list price of $678,333 which works out to $219.46 per sq. ft. of living area.

There are currently no homes under contract.

5 homes have sold in the past 12 months.  Sales prices ranged from $565,000 up to $$760,000.  The average sales price was $674,800 which comes out to $215.00 per sq. ft. of living area.  These homes sold on average of 105 days with sales prices at 96% of list price.

Tres Belle Stuart Florida real estate

The Tres Belle Estates in Stuart FL is a Kolter Homes development of approximately 167 homes on a minimum of ½ acre lots located just east of Kanner Highway on Cove Road in Stuart FL.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

The first homes were completed in 2007 and construction and sales of new homes continue to this date (March 2018).  Homes range in size from a minimum of 3 bedrooms and 2 baths with over 2,500 sq. ft. of living area up to 4 and 5 bedroom, 5 bath homes with close to 4,500 sq. ft. of living area.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

Tres Belle is located adjacent to the Atlantic Ridge Preserve State Park which has miles and miles of rugged and scenic trails.  Also, close to shopping on US-1 as well as at the intersection of Cove Rd and Kanner Hwy.  Martin Memorial Hospital South is only a few minutes away.  A consistently highly rated medical facility.  For those looking to commute or just be close to the Interstate, I-95 is only a minute or two away.

pool 1 Tres Belle Stuart Florida real estate

For boaters, there are an abundance of  waterways and boat ramps and marinas are only a short ride and only a few minutes to your choice of beaches at either Stuart or Jupiter Island.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

Tres Belle is located in the ‘A’ rated school district of Martin County with children currently slated for Crystal Lake elementary, David L. Anderson middle and South Fork high schools.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

The HOA fees are $588 per quarter and include maintenance of the common areas as well as Cable TV.  This is a pet friendly community.

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Tres Belle March 2018 Market Report

Martin County Townhouse and Condo Sales 2017 Yearly Review

03.07.18 by

Martin County Townhouse and Condo Sales 2017 Yearly Review

For the Martin County Townhouse and Condo Sales 2017 Yearly Review showed considerably better activity when compared to 2016 for this segment of the Martin County real estate market.   Year to year closed sales was up by 6.7% as compared to 2016 which was down by 8.6% and new sales under contract (new pending sales) increased by 1.0% (2016 saw a decrease of 6.2%).

Martin County Townhouse and Condo Sales 2017 Yearly Review

Both median and average sales prices were up (year to year) by 3.3% and 2.4% respectively (2016 numbers were 4.2% and 7.5%). Not as large an increase as in previous years which is much more sustainable.

Inventory decreased by 7.3% as compared to 2016’s decrease of 14.2%. While the supply of inventory dropped to 4.0 months as compared to 4.6 months for 2016.  Remaining in a seller’s market for Martin County townhouses and condos.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2017 Yearly Review

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 Townhouse and Condo Sales 2017 Yearly Review

Martin County Single Family Home Sales 2017 Yearly Review

03.06.18 by

Martin County Single Family Home Sales 2017 Yearly Review

The Martin County Single Family Home Sales 2017 Yearly Review as reported by Florida Realtors showed better activity when compared to 2016 for the Martin County single family housing market.   Year to year closed sales was up by 2.7% (was down by 4.1% in 2016) and new sales under contract (new pending sales) decreased by 0.3% (was down by 8.1% in 2016).

Martin County Single Family Home Sales 2017 Yearly Review

Both median and average sales prices continued to rise (2016 to 2017) by 8.7% and 9.4% respectively.  These values were 4.3% and 0.0% respectively in 2016.

The inventory of available homes for sale decreased by 7.3% from 2016.  While the months supply of homes decreased to 4.5 months.  Still a seller’s market.  Typically a 6 month inventory indicates a balanced market where neither the seller or buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2017 Yearly Review

To view the complete 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 Home Sales 2017 Yearly Review

Martin County Townhouses and Condos 2017 4’th Quarter Report

03.01.18 by

Martin County Townhouses and Condos 2017 4’th Quarter Report

4’th Quarter 2017

Click the image below to view the full details of the Martin County townhouses and condos market report data as reported by Martin County Realtor for the 4’th Quarter 2017.

Martin County Townhouses and Condos 2017 4'th Quarter Report

Very strong activity to close out the last quarter of 2017 in Martin County.  Both sales and prices were up sharply. Even a greater seller’s market for Martin County townhouses and condos.

View the entire set of data at GabeSanders.com

Martin County Townhouses and Condos 2017 4’th Quarter Report

Martin County Single Family Homes 2017 4’th Quarter Report

02.28.18 by

Martin County Single Family Homes 2017 4’th Quarter Report

Click the image below to view the full details of the Martin County single family homes market report data as reported by Martin County Realtor for the 4’th Quarter 2017.

Martin County Townhouses and Condos 2017 4'th Quarter Report

Closed sales were down slightly when compared to the 4’th quarter of 2016, while pending sales were up.  The median and average sales prices increased when compared to last year and inventory increased to a 4.5 months supply.  Martin County single family homes remained in a sellers’ market as the inventory tightens.

View the entire set of data at GabeSanders.com

Martin County Single Family Homes 2017 4’th Quarter Report

Hobe Sound FL 33455 Condo Market Report January 2018

02.23.18 by

Hobe Sound FL 33455 Condo Market Report January 2018

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

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

There are currently 12 active condo listings. (Increased by 2 condos from December)

Hobe Sound FL 33455 Condo Market Report January 2018

5 Condos are pending and awaiting close. (No change from December)

Hobe Sound FL 33455 Condo Market Report January 2018

4 Condos sold in January. (Unchanged from December)

 Hobe Sound FL 33455 Condo Market Report January 2018

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Results remained unchanged from last month with the exception of a couple of additional condos for sale.

The absorption rate for Hobe Sound condos was 3.o months for January as compared to 2.5 months in December). 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 January 2017 numbers were: 13 active listings, 1 pending sales, and 14 closed sales.  Last January was an unusually strong month for closed sales in Hobe Sound condos.

Hobe Sound FL 33455 Condo Market Report January 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

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Hobe Sound FL 33455 Condo Market Report January 2018

Pipers Landing February 2018 Market Report

02.23.18 by

Pipers Landing February 2018 Market Report

There are currently 37 active listings for sale in Pipers Landing.  List prices for these homes and condos range from $20,000 to $950,000 for an average list price of $263,949 which equals $95.90 per sq. ft. of living area.

As of this time, there are 4 homes and 1 condo under contract which haven’t closed to date.  List prices for these properties were from $75,000 and $299,900 for an average of $189,760 which is $75.40 per sq. ft. of living area.  These homes and condos averaged 72 days on market before going under contract.

In the past 12 months, 20 homes have sold in Pipers Landing.  The sales prices ranged from a low of $26,357 up to $750,000.  The average sales price was $222,303 or $66.42 per sq. ft. of living area.  These sold listings averaged 110 days on the market before going under contract and sold at an average of 89% 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.

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Pipers Landing February 2018 Market Report

Jensen Beach FL 34957 Condo Market Report January 2018

02.21.18 by

Jensen Beach FL 34957 Condo Market Report January 2018

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

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

There are currently 119 active listings. (Increased by 11 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2018

47 Condo sales are pending and awaiting settlement. (Up by 21 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2018

15 Condos Sold (Down by 1 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2018

 The Jensen Beach FL 34957 Condo Market Report for January had a large increase of pending sales which should result in some strong closed sales volume for the coming months.

The one month absorption rate for the January 2018, Jensen Beach Florida Market Report ZIP Code 34957 rose to 7.9 months (from 6.8 months in December), drifting into a buyers market for the first time in a while.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The January 2017 numbers were: 132 active listings, 43 pending sales and 16 condos closed.  Very similar activity when compared to last January on less inventory of available condos for this year.

Jensen Beach FL 34957 Condo Market Report January 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:
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Jensen Beach FL 34957 Condo Market Report January 2018

The Yacht and Country Club of Stuart February 2018 Market Report

02.21.18 by

The Yacht and Country Club of Stuart February 2018 Market Report

February 2018 Market Update:

There are 16 homes currently for sale in the Yacht and Country Club of Stuart.  Listing prices are from $250,000 to $1,375,000 for an average list price of $528,236 which works out to $205.97 per sq. ft. of living area.

There are currently 10 homes under contract ranging in list price from $239,900 up to $465,000.  The average list price of these pending sales is $352,970 or $162.96 per sq. ft. of living area.  These homes averaged 160 days on market before going under contract.

48 homes have sold in the past 12 months.  Ranging in sales price from $185,000 to $1,253,125.  The average sales price was $399,641 which comes out to $172.48 per sq. ft. of living area.  These homes went under contract in an average of 85 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, Florida Golf Course

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, Florida Canal

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, Florida Homes

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.

 

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Yacht and Country Club of Stuart, Florida - Homes for Sale

The Yacht and Country Club of Stuart February 2018 Market Report