Palm City FL 34990 Condo Market Report December 2017

Palm City FL 34990 Condo Market Report December 2017

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for December 2017

For December 2017 in the 34990 Zip Code area of Palm City, Florida :

There are currently 101 active condo listings. (Increased by 16 condos from November)

   Palm City FL 34990 Condo Market Report December 2017

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

Palm City FL 34990 Condo Market Report December 2017

10 Condos Sold in December. (Up by 6 condos from November)

Palm City FL 34990 Condo Market Report December 2017

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For December the market activity increased from last month in all categories for Palm City condos.

The current absorption rate for condos in the 34990 zip code area dropped to 10.1 months (was 21.25 months in July).  Still a buyer’s market for Palm City condominiums but trending in the right direction.  A balanced market is considered to be an absorption rate of around 6 to 7 months. (A good percentage of the difficult buyer’s market is a result of two equity golf club communities which are having some difficulty with the volume of sales.)
The December 2016 numbers were: 86 active listings, 8 pending sales and 4 closed sales.   Better activity for this year with a higher inventory of available condos for sale.
Palm City FL 34990 Condo Market Report December 2017
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:
Gabe Sanders

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report December 2017

Lake Tuscany January 2018 Market Report

Lake Tuscany January 2018 Market Report

As of January 2018, there are 3  homes available for sale in Lake Tuscany in Stuart FLwith listing prices from $399,500 up to $488,950 for an average list price of $437,813 which is aa average price per square foot of living area of $155.93.

There are no homes currently under contract.

In the past 12 months, 5 homes have sold in Lake Tuscany ranging in sales price from $365,000 up to $468,500 for an average sales price of $414,100 which equals $116.76 per sq. ft. of living area.  These homes took an average of 141 days on market to go under contract and sold at 96% of list price.

About Lake Tuscany:

Lake Tuscany real estate Stuart FL

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 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 January 2018 , please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Lake Tuscany January 2018 Market Report

 

Indian Pines Condo End Unit in Stuart FL Sold

Indian Pines Condo End Unit in Stuart FL Sold

Indian Pines in Stuart FL

Ground floor two bedroom unit in sought-after Indian Pines, an all ages and pet-friendly community. Enjoy the central location of this 1,251 SF unit, one of the larger floor plans in the community. A spacious living area with easy access to kitchen, pleasant lake view. Two full bathrooms with private master en-suite. Covered parking for resident’s vehicle. The enclosed patio offers a calming view of the duck pond. This unit also features a private laundry room with full-size washer and dryer. Indian Pines remains a great choice for those seeking a central location with amenities such as community pool, clubhouse, and tennis courts. Easy access to all parts of Stuart, including downtown, beaches, and highways. In vintage, but a cared-for condition, this unit is ready for your personal touch!Indian Pines Condo in Stuart FLAbout Indian Pines in Stuart FL:

Centrally located in Stuart off of Indian Street on Aster Lane lies the Indian Pines condominiums.  This complex consists of 20 buildings in two ovals surrounding two lakes.  This unique arrangement gives every condo in this complex water views.

Built from 1981 through 1986, Indian Pines are two-story buildings with mostly 2 bedroom, 2 bathroom condos, though there are a few 3 bedroom and 1 bedroom units as well.  The 3 bedroom condos have 1,542 sq. ft. of living area, 2 bedroom units vary from 1,251 down to 1,019 sq. ft., while the 1 bedroom condos have 1,011 sq. ft.

 

Indian Pines Condo in Stuart FL

There’s a heated pool, clubhouse, and two tennis courts as well as ample parking with some buildings offering covered carports.

As of December 2017, the condo association fees were just under $360 a month for two bedroom condos and less for the few one-bedroom units that occasionally come up for sale.  These fees cover water and sewer, common areas, building insurance and maintenance, basic cable TV, landscaping and lawn service, trash pickup and reserve funds.

Indian Pines Condo in Stuart FL

All ages are welcome.  Rentals are allowed in Indian Pines with some restrictions. And, this is one of the few condos in the area that allows up to 2 large pets per owner.  Children who live in Indian Pines are zoned to attend J. D. Parker Elementary School, the Dr. David L. Anderson Middle School, and the Martin County High School.

Indian Pines Condo in Stuart FL

Indian Pines is very conveniently located close to shopping, restaurants and medical facilities.  Only a few more minutes to either the beaches or boat ramps of Martin County or to I-95 for those needing to take a trip either north or south.

Search for available Condos in Indian Pines

Search the Martin County MLS

Indian Pines Condo End Unit in Stuart FL Sold

Copperleaf January 2018 Real Estate Market Report

Copperleaf January 2018 Real Estate Market Report

There are currently 3 homes listed in Copperleaf in Palm City, Florida.  List prices are from $429,900 up to $559,120, for an average list price of $486,307 which equals $174.93 per square foot of living area.

There are 4 homes under contract awaiting closing.  The list prices are from $445,000 up to $499,900 which averages to a $472,700 list price and $180.74 per square foot of living area. These homes averaged 26 days on market before accepting these offers.

In the past 12 months, 20 homes have sold in Copperleaf with an average sales price of $459,234 at $163.54 per square foot of living area and at 97% list to sales price ratio.  The lowest sales price was $333,000 while the highest was $949,000.  These homes went under contract in an average of 49 days.

About Copperleaf in Palm City FL:

 Copperleaf January 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 January 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 January 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 January 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 January 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 January 2018 Real Estate Market Report

 

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

 

Martin County Townhouses and Condos November 2017 Market Report

Martin County Townhouses and Condos November 2017 Market Report

Martin County Townhouses and Condos November 2017 Market Report showed strong activity for the month.  Closed sales for the month were up by 10.4% (was up by 60.8% in October) while new sales under contract (new pending sales) were up by 2.4% from November 2016 (increased by 45.9% in October).

Prices, also, were up for November as the median sales price increased by 7.1% (was up by 18.6% in October) while the average sales price increased by 10.5% (was up by 33.6% in October) as compared to November of 2016.  Improved results from last month as well as last year.

The inventory of available townhouses and condos increased by 23 units to 388 properties as compared to last month.  This is 8.1% less than the November 2016 inventory.  Currently, there’s a 4.0 month supply of inventory (compared to 4.4 months for November 2016).  Still a seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos November 2017 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos November 2017 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 November 2017 Market Report

Martin County Single Family Homes November 2017 Market Report

Martin County Single Family Homes November 2017 Market Report

The Martin County Single Family Homes November 2017 Market Report showed better activity after two months of weaker results.  The weaker activity may have been hurricane related.  Closed sales were up by 11.9% (was down by 5.1% in October).  While new pending sales decreased by 4.7% as compared to November of 2016 (Decreased by 11.7% in October).

Prices were mixed with the median sales price up by 13.1% from last year (up by 10.2% in October) while the average price decreased by 4.3% (was up by 21.8% last month).

The inventory of available single family homes decreased from last month by 13 homes to 986 units for November,  this is  4.1% less than last November.  The current supply of homes is 4.8 months, for November of last year it was also 5.2 months supply.  Still 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 November 2017 Market Report

Click here to view or download the full report:
Martin County Single Family Homes November 2017 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 November 2017 Market Report

Locks Landing in Stuart Florida December 2017 Market Report

Locks Landing in Stuart Florida December 2017 Market Report

As of December 2017, there is only 1 home on the market in Locks Landing in Stuart Florida.  This home is listed for  $515,000 which equates to $169.52 per sq. ft. of living area.

There are 3 homes currently under contract.  List prices were from $389,000 up to $449,900 for an average list price of $424,633 which equals $207.96 per sq. ft. of living area.  These homes averaged 90 days on the market before going under contract.

In the past 12 months, 13 homes have sold in Locks Landing with sales prices ranging from $385,000 up to $510,000 for an average sales price of $451,523 or $183.03 per sq. ft. of living area. These sales averaged 97% of listing price and on average went under contract within 65 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 in Stuart FL

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

Locks Landing in Stuart FL Locks Landing in Stuart FL

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

Locks Landing in Stuart FL Locks Landing in Stuart FL

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

 

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

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Locks Landing in Stuart Florida December 2017 Market Report

 

Hobe Sound FL 33455 Condo Market Report November 2017

Hobe Sound FL 33455 Condo Market Report November 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for November 2017

For November 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 15 active condo listings. (Increased by 2 condos from October)

Hobe Sound FL 33455 Condo Market Report November 2017

6 Condos are pending and awaiting close. (Down by 2 condo from October)

Hobe Sound FL 33455 Condo Market Report November 2017

3 Condos sold in November. (Up by 2 condos from October)

 Hobe Sound FL 33455 Condo Market Report November 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Market activity improved this month when compared to last month.

The absorption rate for Hobe Sound condos was 5 months for November as compared to 13 months in October). 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 November 2016 numbers were: 11 active listings, 4 pending sales, and 0 closed sales.  Somewhat stronger activity this year as compared to last year.

Hobe Sound FL 33455 Condo Market Report November 2017

Are you interested in the value of your Hobe Sound FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report November 2017

Jensen Beach FL 34957 Condo Market Report November 2017

Jensen Beach FL 34957 Condo Market Report November 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for November 2017

For November 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 106 active listings. (Increased by 22 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2017

24 Condo sales are pending and awaiting settlement. (Down by 8 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2017

17 Condos Sold (Down by 7 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2017

 The Jensen Beach FL 34957 Condo Market Report for November had a weaker November than last month with reduced pending and closed sales along with a needed increase in inventory.

The one month absorption rate for the November 2017, Jensen Beach Florida Market Report ZIP Code 34957 jumped up to 6.2 months (from 3.5 months in October), transitioning into a balanced market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The November 2016 numbers were: 142 active listings, 28 pending sales and 10 condos closed.  Considerably stronger closed activity this year with reduced inventory.

Jensen Beach FL 34957 Condo Market Report November 2017

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

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report November 2017

Indian Pines Condo End Unit in Stuart FL Under Contract

Indian Pines Condo End Unit in Stuart FL Under Contract

Ground floor two bedroom unit in sought-after Indian Pines, an all ages and pet-friendly community. Enjoy the central location of this 1,251 SF unit, one of the larger floor plans in the community. A spacious living area with easy access to kitchen, pleasant lake view. Two full bathrooms with private master en-suite. Covered parking for resident’s vehicle. The enclosed patio offers a calming view of the duck pond. This unit also features a private laundry room with full-size washer and dryer. Indian Pines remains a great choice for those seeking a central location with amenities such as community pool, clubhouse, and tennis courts. Easy access to all parts of Stuart, including downtown, beaches, and highways. In vintage, but a cared-for condition, this unit is ready for your personal touch!About Indian Pines in Stuart FL:

Centrally located in Stuart off of Indian Street on Aster Lane lies the Indian Pines condominiums.  This complex consists of 20 buildings in two ovals surrounding two lakes.  This unique arrangement gives every condo in this complex water views.

Built from 1981 through 1986, Indian Pines are two-story buildings with mostly 2 bedroom, 2 bathroom condos, though there are a few 3 bedroom and 1 bedroom units as well.  The 3 bedroom condos have 1,542 sq. ft. of living area, 2 bedroom units vary from 1,251 down to 1,019 sq. ft., while the 1 bedroom condos have 1,011 sq. ft.

There’s a heated pool, clubhouse, and two tennis courts as well as ample parking with some buildings offering covered carports.

As of December 2017, the condo association fees were just under $360 a month for two bedroom condos and less for the few one-bedroom units that occasionally come up for sale.  These fees cover water and sewer, common areas, building insurance and maintenance, basic cable TV, landscaping and lawn service, trash pickup and reserve funds.

All ages are welcome.  Rentals are allowed in Indian Pines with some restrictions. And, this is one of the few condos in the area that allows up to 2 large pets per owner.  Children who live in Indian Pines are zoned to attend J. D. Parker Elementary School, the Dr. David L. Anderson Middle School, and the Martin County High School.

Indian Pines is very conveniently located close to shopping, restaurants and medical facilities.  Only a few more minutes to either the beaches or boat ramps of Martin County or to I-95 for those needing to take a trip either north or south.

Search for available Condos in Indian Pines

Indian Pines Condo End Unit in Stuart FL Under Contract

Palm City FL 34990 Condo Market Report November 2017

Palm City FL 34990 Condo Market Report November 2017

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for November 2017

For November 2017 in the 34990 Zip Code area of Palm City, Florida :

There are currently 85 active condo listings. (Increased by 10 condos from October)

   Palm City FL 34990 Condo Market Report November 2017

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

Palm City FL 34990 Condo Market Report November 2017

4 Condos Sold in November. (Up by 2 condos from July)

Palm City FL 34990 Condo Market Report November 2017

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For November the market activity increased from last month in all categories for Palm City condos.

The current absorption rate for condos in the 34990 zip code area dropped to 21.25 months (was 37.5 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. (A good percentage of the difficult buyer’s market is a result of two equity golf club communities which are having some difficulty with the volume of sales.)
The November 2016 numbers were: 80 active listings, 11 pending sales and 3 closed sales.   Slightly better activity for this year when compard to November of 2016.
Palm City FL 34990 Condo Market Report November 2017
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:
Gabe Sanders

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report November 2017

Stuart Florida 34994 Residential Market Report November 2017

Stuart Florida 34994 Residential Market Report November 2017

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for November 2017

For November 2017 in the 34994 Zip Code area of Stuart, Florida :

There are currently 81 active listings (Up by 4 homes from October)

Stuart Florida 34994 Residential Market Report November 2017

28 Residential sales are pending and awaiting close or lender approval (Increased by 1 homes from last month).

Stuart Florida 34994 Residential Market Report November 2017

13 Homes Sold in October (Increased by 1 homes from October)

Stuart Florida 34994 Residential Market Report November 2017

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed continued positive sales and pending numbers along with an unusual rise in inventory.

The one-month absorption rate for the 34994 zip code for November decreased to 6.2 months from 6.3 months for October.  Remaining in 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 November 2016 numbers were 45 Active Listings, 31 pending sales, and 14 closed sales.  Similar pending and sales numbers this year but this is with almost double the inventory, making for a much poorer ratio as compared to last year.

Stuart Florida 34994 Residential Market Report November 2017

Are you interested in the value of your Stuart FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for Stuart Florida Real Estate for Sale

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

 

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Stuart Florida 34994 Residential Real Estate Market Report November 2017

Martin County Townhouses and Condos October 2017 Market Report

Martin County Townhouses and Condos October 2017 Market Report

Martin County Townhouses and Condos October 2017 Market Report showed very strong activity for the month.  Closed sales for the month were up by 60.8% (were down by 17.8% in September) while new sales under contract (new pending sales) were up by 45.9% from October 2016 (decreased by 30.1% in September).

Prices, also, were up for October as the median sales price increased by 18.6% (was up by 6.1% in September) while the average sales price increased by 33.6% (was up by 18.9% in September) as compared to October of 2016.  Improved results from last month as well as last year.

The inventory of available townhouses and condos increased by 18 units to 365 properties as compared to last month.  This is 9.0% less than the October 2016 inventory.  Currently, there’s a 3.8 month supply of inventory (compared to 4.2 months for October 2016).  Still a seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

October 2017 Martin County Townhouses and Condos Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos October 2017 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 October 2017 Market Report

Martin County Single Family Homes October 2017 Market Report

Martin County Single Family Homes October 2017 Market Report

The Martin County Single Family Homes October 2017 Market Report showed a second month of weaker activity from last year. This decrease may be attributed to Hurricane Irma which shut things down for a couple of weeks in September.  Closed sales were down by 5.1% (was down by 20.3% in September).  While new pending sales decreased by 11.7% as compared to October of 2016 (Decreased by 40.5% in September).

Prices continued to rise with the median sales price up by 10.2% from last year (up by 12.1% in September) while the average price increased by 21.8% (was up by 3.6% last month).

The inventory of available single family homes increased from last month by 11 homes to 979 units for October,  this is  1.1% less than last October.  The current supply of homes is 4.8 months, for October of last year it was also 5.0 months supply.  Still 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.

October 2017 Martin County Single Family Homes Market Report

Click here to view or download the full report:
Martin County Single Family Homes October 2017 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 October 2017 Market Report

Plantation House Condos Indian River Plantation December 2017 Market Report

Plantation House Condos Indian River Plantation December 2017 Market Report

There is one condo for sale in the Plantation House of Hutchinson Island.  This condo is listed for $504,999 or $340.07 per sq. ft. of living area.

There are no currently pending sales in the Plantation House.

Two condos have sold in the Plantation House in the past 12 months.  The sales prices were $501,000 and $565,000 for an average sales price of $533,000 which equals $411.38 per sq. ft. of living area.  These condos sold for an average of 96% of the last listed price and went under contract in an average of 78 days after going on the market.

About the Plantation House on Hutchinson Island in Indian River Plantation:

Plantation House Condos on Hutchinson Island

Located on the shores of the Atlantic Ocean, the Plantation House Condos are within the Indian River Plantation are of South Hutchinson Island which is the finest resort community in Martin County/Stuart FL.

Plantation House Condos on Hutchinson IslandThe Plantation House was built in 1979 and has 39 2 bedroom, 2 bathroom condos that range in size from 1249 sq. ft. of living area up to 1393 sq. ft.  All units have Ocean Views.   There’s an Oceanside pool as well as under building parking and some free standing garages that come with the Plantation House condos.

Plantation House Condos on Hutchinson Island

Current condo and management fees are around $567 per month.

Plantation House Condos on Hutchinson Island

Indian River Plantation amenities include a golf course, full service marina, tennis courts, tiki bar and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.

Click here to view available Plantation House condos for Sale

Search for Martin County Real Estate

Other Indian River Plantation Condos you may wish to consider: 
Bayview, Beachwalk, Dunes Club, Fairway Villas, Inlet Village, Lakeside, Ocean House, Ocean Terrace, Plantation Club Villas, Resort Villas, River Village, Riverbend, Riverwood, Tennis Villas

Stuart Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Plantation House Condos Indian River Plantation December 2017 Market Report

 

 

 

Sunset Trace Palm City December 2017 Market Report

Sunset Trace Palm City December 2017 Market Report

As of December 2017, there is only one home for sale in Sunset Trace.  The list price is $194,500 or $144.50 per square foot of living area.

There are 2 homes under contract and awaiting settlement.  The list prices were $170,000 and $184,000 for an average list price of $177,000 which equals $133.94 per sq. ft. of living area.  These homes were on the market for an average of 61 days prior to going under contract.

In the past 12 months, 46 homes have sold in Sunset Trace.  Sales prices ranged from a low of $120,000 up to $184,900 for an average sales price of $150,074 which equals $114.16 per sq. ft. of living area.  These homes sold for an average of 97% of their final list price and went under contract in an average of 24 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 SchoolHidden 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 December 2017 Market Report

Plantation Club Villas Indian River Plantation December 2017 Market Report

Plantation Club Villas Indian River Plantation December 2017 Market Report

There is 1 active listing in the Plantation Club Villas of Hutchinson Island for early December 2017.  This condo is listed for $259,900 or $203.68 per sq. ft. of living area.

There is 1 pending sale in the Plantation Club Villas.  This condo was listed for $299,000 which equals $209.82 per sq. ft. of living area.  This condo was on the market for 376 days prior to going under contract.

2 condos have sold in the Plantation Club Villas in the past 12 months.  The sales prices were $260,000 and $282,500 which averages to $271,250 and equals $223.62 per sq. ft. of living area.  These condos sold for an average of 96% of the last listed price and were on the market for an average of 47 days before receiving an accepted offer.

About the Plantation Club Villas

The Plantation Club Villas condos of Hutchinson Island in the Indian River Plantation complex of Stuart FL lie next to the pro shop for the golf course.  These units were built in 1987 and most have views of lakes, golf course or private preserves.

Plantation Club Villas on Hutchinson IslandThere are 48 two bedroom two bath condos ranging in size from 1,188 sq. ft. of living area up to 1,430 sq. ft.  The Plantation Club Villas is a four story elevator building and has the convenience of under building parking for residents.

Plantation Club Villas on Hutchinson Island

Current condo and management fees are around $367 per month.

Plantation Club Villas on Hutchinson IslandIndian River Plantation amenities include a golf course, full service marina, tennis courts, tiki bar and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.

Plantation Club Villas on Hutchinson Island

Click here to view available Plantation Club Villas for Sale

Search for Martin County Real Estate

Other Indian River Plantation Condos you may wish to consider: 
Bayview, Beachwalk, Dunes Club, Fairway Villas, Inlet Village, Lakeside, Ocean House, Ocean Terrace, Plantation House, Resort Villas,River Village, Riverbend, Riverwood, Tennis Villas

Stuart Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Plantation Club Villas Indian River Plantation December 2017 Market Report

 

 

Hobe Sound FL 33455 Condo Market Report October 2017

Hobe Sound FL 33455 Condo Market Report October 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for October 2017

For October 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 13 active condo listings. (Decreased by 4 condos from September)

Hobe Sound FL 33455 Condo Market Report October 2017

8 Condos are pending and awaiting close. (Up by 5 condo from September)

Hobe Sound FL 33455 Condo Market Report October 2017

1 Condos sold in October. (Unchanged from September)

 Hobe Sound FL 33455 Condo Market Report October 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory dropped this month while sales remained slow.  There was a good jump in pending sales which could have a positive impact on future closed sales.

The absorption rate for Hobe Sound condos was 13 months for October as compared to 17 months in September). 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 October 2016 numbers were: 6 active listings, 1 pending sales, and 1 closed sales.  Slightly higher activity this year as compared to last year.

Hobe Sound FL 33455 Condo Market Report October 2017

Are you interested in the value of your Hobe Sound FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report October 2017

Jensen Beach FL 34957 Condo Market Report October 2017

Jensen Beach FL 34957 Condo Market Report October 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for October 2017

For October 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 84 active listings. (Increased by 2 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2017

32 Condo sales are pending and awaiting settlement. (Up by 1 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2017

24 Condos Sold (Down by 1 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2017

 The Jensen Beach FL 34957 Condo Market Report for October shows a continuing active market even as the inventory continues to decline making for fewer available condos available to purchase.  The Jensen Beach condo market appears to be one of the few segments that has not been affected by September’s hurricane.

The one month absorption rate for the October 2017, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 3.5 months (from 3.3 months in September), still a very stronger seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The October 2016 numbers were: 128 active listings, 30 pending sales and 22 condos closed.  Considerably stronger activity this year with reduced inventory.

Jensen Beach FL 34957 Condo Market Report October 2017

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

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report October 2017

Palm City FL 34990 Condo Market Report October 2017

Palm City FL 34990 Condo Market Report October 2017

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for October 2017

For October 2017 in the 34990 Zip Code area of Palm City, Florida :

There are currently 75 active condo listings. (Increased by 7 condos from September)

   Palm City FL 34990 Condo Market Report October 2017

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

Palm City FL 34990 Condo Market Report October 2017

2 Condos Sold in October. (Down by 1 condos from July)

Palm City FL 34990 Condo Market Report October 2017

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Market activity dropped for Palm City condos and this segment remains a difficult one for sellers.  (Though a good part of this difficulty comes from two equity golf club communities.)

The current absorption rate for condos in the 34990 zip code area jumped to 37.5 months (was 22.7 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 October 2016 numbers were: 76 active listings, 9 pending sales and 5 closed sales.   Better activity last year.
Palm City FL 34990 Condo Market Report October 2017
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:
Gabe Sanders

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report October 2017