Martin County Townhouses and Condos July 2017 Market Detail

09.09.17 by

Martin County Townhouses and Condos July 2017 Market Detail

Martin County Townhouses and Condos Market Detail for July 2017 continues to improve when compared to last summer.  Closed sales for the month were up by 11.1% (were down by 17.4% in June) while new sales under contract (new pending sales) were up by 14.4% from July 2016 (decreased by 12.3% in June).

Prices were mixed for July as the median sales price decreased by 4.8% (were down by 0.4% in June) while the average sales price increased by 4.9% (was down by 3.0% in June) as compared to July of 2016.  A little better than last month with both median and average price decreases.

The inventory of available townhouses and condos increased by 24 units to 420 properties as compared to last month.  This is 14.1% greater than the July 2016 inventory.  Currently, there’s a 4.5 month supply of inventory (a 21.6% increase from last year which was 3.7 months).  Still a sellers’ 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 July 2017 Market Detail

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

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 July 2017 Market Detail

Martin County Single Family Homes July 2017 Market Detail

09.08.17 by

Martin County Single Family Homes July 2017 Market Detail

The Martin County Single Family Homes Market Detail for July 2017 showed continued growth as compared to last July.  Closed sales were unchanged (were up by 8.7% in June). New pending sales increased by 22.3% as compared to July of 2016 (Increased by 7.2% in June).

Prices continued to rise with the median sales price up by 10.9% from last year (up by 6.0% in June) while the average price increased by 7.2% (was down by 6.3% last month).

The inventory of available single family homes increased from last month by 40 homes to 1,068 units for July,  this is  10.4% greater than last July.  The current supply of homes is 5.3 months, for July of last year it was a 4.8 months supply. (This is a 10.4% increase from last year).  Still a sellers’ 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 July 2017 Market Detail

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

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 July 2017 Market Detail

Martin County Townhouses and Condos 2017 2’nd Quarter Report

09.01.17 by

Quarterly Market Report for Martin County Townhouses and Condos

2’nd 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 2’nd Quarter 2017.

Martin County Townhouses and Condos 2017 1'st Quarter Report

Both closed and pending sales decreased for this quarter when compared to the 2’nd quarter of 2016.  The median and average sales prices were up slightly when compared to last year and inventory increased to a 4.3 months supply.  It still a seller’s market for Martin County townhouses and condos.

View the entire set of data at GabeSanders.com

Martin County Single Family Homes 2017 2’nd Quarter Report

08.31.17 by

Quarterly Market Report for Martin County Single Family Homes

2’nd Quarter 2017

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 2’nd Quarter 2017.

Martin County Single Family Homes 2017 2'nd Quarter Report

Closed and new pending sales were up for the 2’nd quarter when compared to last year and prices also increased.  Martin County single family homes remained in a sellers’ market though inching closer to a balanced market.

View the entire set of data at GabeSanders.com

North River Shores August 2017 Market Update

08.31.17 by

North River Shores August 2017 Market Update

The North River Shores August 2017 Market Update for Stuart Florida:

There are currently 9 active listings in North River Shores.  List prices range from $360,000 up to $1,095,000.  The average list price is $640,631 based on $273.75 per square foot of living area.

3 homes are under contract (pending sales). List prices were from $349,900 up to $459,900 for an average of $413,233 which equates to a $172.96 price per sq. ft. of living area.  These homes averaged 82 days on the market before going under contract.

In the past 12 months, 24 homes have sold in North River Shores at an average sales price of $480,238 or at $221.88 per square foot of living area. Sales prices ranged from a low of $225,000 up to $1,850,000 and sales averaged 96% of the list price.  These homes were on the market for an average of 96 days prior to accepting the offers that lead to the sale.

About North River Shores in Stuart FL:

North River Shores

The area north of the Roosevelt Bridge to Britt Road and west of US 1 is sometimes loosely referred to as “North River Shores.” However, North River Shores and its companion neighborhoods of Cocoanut Point and North River Forest are distinct subdivisions as recorded in Martin County records.
 
Members of these communities enjoy the benefits of designated park areas as well as the use of the boat ramp at Nosaw Park which accesses the North Fork of the St. Lucie River.There are also some accompanying deed restrictions that enhance and protect the aesthetic nature of this beautiful community.

 North River Shores

The North River Shores communities include both waterfront and non-waterfront homes.  Waterfront homes may have sweeping miles wide views of the North Fork of the Saint Lucie River or protected canal front homes with deep water dockage.  Additionally, North River Shores is a bird and wildlife sanctuary.


North River Shores This community is blessed with easy access to shopping, the beaches, houses of worship, schools and access to both downtown Stuart and Jensen Beach, yet it maintains a quiet and peacefully neighborhood character.   This is a wonderful neighborhood within Martin County’s ‘A’ rated school district.For additional information about North River Shores and/or the surrounding communities, contact Gabe Sanders or of Premier Realty Group.

North River Shores

 
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Stuart Florida Real Estate

North River Shores August 2017 Market Update

August 2017 Market Update for Hunters Creek in Palm City FL

08.30.17 by

August 2017 Market Update for Hunters Creek in Palm City FL

Currently in August, there are no homes on the market in Hunters Creek in Palm City, FL.

There are no homes currently under contract (pending sale).

There have been 3 homes sold in the past 12 months in Hunters Creek.  Sales prices were from $350,000 up to $375,000 for an average sales price of $358,333 which equals $155.05 per sq. ft. of living area.  These homes sold on average of 94% of the last listed price and were under contract on an average 34 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.

Hunters Creek in Palm City FL

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 in Palm City FLHunters Creek is very conveniently located near the Palm Cove Golf Club as well as 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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August 2017 Market Update for Hunters Creek in Palm City FL

Foxwood Stuart FL August 2017 Market Update

08.29.17 by

Foxwood Stuart FL August 2017 Market Update

 As of August 2017, there are no homes on the market in the Foxwood equestrian community in Stuart, FL.

There are also no homes under contract at this time.

In the past 12 months there were 6 sales in this sought after Stuart community.  Sales prices ranged from $300,000 to $445,000 for an average of $387,483 which equals $150.54 per sq. ft. of living area.  These sales averaged a sales price of 97% of the last list price and took an average of 86 days on the market before going under contract.

About Foxwood in Stuart FL:

Foxwood in Stuart Florida

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.

Foxwood Stuart FL

Association fees are a very reasonable $450 per year.  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 web site: Foxwood Property Association of Stuart Florida

Foxwood Stuart FL

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

Search the Martin County MLS

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 2017 Market Update

Hobe Sound FL 33455 Condo Market Report July 2017

08.28.17 by

Hobe Sound FL 33455 Condo Market Report July 2017

 

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

 

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

 

There are currently 19 active condo listings. (Increased by 4 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2017

3Condos are pending and awaiting close. (Down by 1 condo from June)

Hobe Sound FL 33455 Condo Market Report July 2017

No Condos sold in July. (Decreased by 3 condos from June)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  There were no sales this month and activity is weak.

The absorption rate for Hobe Sound condos cannot be determined for July as there were no sales (was 5 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 on 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 2016 numbers were: 3 active listings, 6 pending sales and 3 closed sales.  Much higher inventory this year and reduced activity.

Hobe Sound FL 33455 Condo Market Report July 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report July 2017

Tres Belle August 2017 Market Report

08.28.17 by

Tres Belle August 2017 Market Report

There are 4 homes currently for sale in the Tres Belle subdivision of Stuart FL.  Listing prices are from $599,000 to $949,000 for an average list price of $722,000 which works out to $239.41 per sq. ft. of living area.

There are currently no homes under contract.

15 homes have sold in the past 12 months.  Sales prices ranged from $560,000 up to $898,900.  The average sales price was $678,272 which comes out to $200.97 per sq. ft. of living area.  These homes sold on average of 124 days with sales prices at 97% 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 (August 2017).  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 August 2017 Market Report

Jensen Beach FL 34957 Condo Market Report July 2017

08.24.17 by

Jensen Beach FL 34957 Condo Market Report July 2017

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

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



There are currently 93 active listings. (Decreased by 12 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2017

35 Condo sales are pending and awaiting settlement. (Down by 9 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2017

32 Condos Sold (Up by 1 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2017

 The Jensen Beach FL 34957 Condo Market Report for July shows a continuing active market though the inventory continues to decline making for fewer available condos available to purchase.

The one month absorption rate for the July 2017, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 2.9 months (from 3.4 months in June), a 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 July 2016 numbers were: 112 active listings, 46 pending sales and 27 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach FL 34957 Condo Market Report July 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report July 2017

Palm City FL 34990 Condo Market Report July 2017

08.22.17 by

Palm City FL 34990 Condo Market Report July 2017

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

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



There are currently 75 active condo listings. (Unchanged from June)

   Palm City FL 34990 Condo Market Report July 2017

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

Palm City FL 34990 Condo Market Report July 2017

2 Condos Sold in July. (Down by 4 condos from June)

Palm City FL 34990 Condo Market Report July 2017

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Market activity remains pretty slow for Palm City condos and remains a difficult market 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 12.5 months in June).  An extreme buyers’ market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The July 2016 numbers were: 60 active listings, 7 pending sales and 3 closed sales.   Invenory has increased from last year and activity is slightly slower as well.
Palm City FL 34990 Condo Market Report July 2017

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 2017

Pipers Landing August 2017 Market Report

08.21.17 by

Pipers Landing August 2017 Market Report

There are currently 25 active listings for sale in Pipers Landing.  List prices for these homes range from $25,000 to $1,200,000 for an average list price of $262,704 which equals $91.14 per sq. ft. of living area.

As of this time there are 2 homes and 1 condo under contract which haven’t closed to date.  List prices for these properties were $249,000 and $399,900 for an average of $324,450 which is $96.65 per sq. ft. of living area.  These 2 homes averaged 157 days on market before going under contract.

In the past 12 months 16 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 $215,554 or $65.59 per sq. ft. of living area.  These sold listings averaged 170 days on the market before going under contract and sold at an average of 85% 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 August 2017 Market Report

Stuart Florida 34994 Residential Real Estate Market Report July 2017

08.12.17 by

Stuart Florida 34994 Residential Real Estate Market Report July 2017

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

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

There are currently 75 active listings (Increased by 3 homes from June)

Stuart Florida Market Report ZIP Code 34994 Residential July 2017

29 Residential sales are pending and awaiting close or lender approval (Decreased by 5 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential July 2017

12 Homes Sold in June (Down by 4 homes from June)

Stuart Florida Market Report ZIP Code 34994 Residential July 2017

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida remains active but at a slower rate as we head into the summer season.

The one month absorption rate for the 34994 zip code for July increased to 6.25 months from 5.5 months for June.  Bringing the 34994 zip code area of Stuart, FL back into a balanced market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The July 2016 numbers were 70 Active Listings, 34 pending sales, and 18 closed sales.  Better sales and pending activity last year with a little larger inventory.

Stuart Florida Market Report ZIP Code 34994 Residential July 2017

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Stuart, FL Real Estate

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Stuart Florida 34994 Residential Real Estate Market Report July 2017

Palm Cove Golf and Yacht Club August 2017 Market Report

08.11.17 by

Palm Cove Golf and Yacht Club August 2017 Market Report

There are currently 8 properties actively listed in Palm Cove Yacht and Golf Club for August 2017 in Palm City, Florida.  List prices range from a low of $279,000 up to the highest which is a waterfront home for $2,075,000.  The average list price is $931,344 which works out to $223.19 per square foot of living area.

There are 2 homes currently under contract in the Palm Cove community of Palm City as of August 2017.  List prices are $360,000 and $689,000 for an average list price of $524,500 which equals $194.58 per square foot of living area.  These homes averaged 76 days on the market before going under contract.

In the past 12 months, 17 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 $602,620 or $181.81 per square foot of living area.  These homes were on the market for an average of 86 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

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

Palm Cove Golf and Yacht Club August 2017 Market Report

The Yacht and Country Club of Stuart July 2017 Market Report

08.05.17 by

The Yacht and Country Club of Stuart July 2017 Market Report

July 2017 Market Update:

There are 18 homes currently for sale in the Yacht and Country Club of Stuart.  Listing prices are from $199,000 to $1,500,000 for an average list price of $516,364 which works out to $211.52 per sq. ft. of living area.

There are currently 7 homes under contract ranging in list price from $270,000 up to $1,149,000.  The average list price of these pending sales is $543,698 or $201.18 per sq. ft. of living area.  These homes averaged 160 days on market before going under contract.

32 homes have sold in the past 12 months.  Ranging in sales price from $206,500 to $755,000.  The average sales price was $360,897 which comes out to $164.69  per sq. ft. of living area.  These homes went under contract in an average of 94 days with sales prices averaging for 96% 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, the Florida remains among the preeminent communities on Florida’s Treasure Coast for both the golf and yachting enthusiast.  This fine gate guarded community boasts water front 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 ix 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.

 

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 July 2017 Market Report

Martin County Townhouses and Condos June 2017 Market Detail

08.01.17 by

Martin County Townhouses and Condos June 2017 Market Detail

Martin County Townhouses and Condos Market Detail for June 2017 appears to have had a difficult June when compared to last summer.  Closed sales for the month were down by 17.4% (were up by 2.5% in May) while new sales under contract (new pending sales) were down by 12.3% from June 2016 (increased by 1.0% in May).

Prices were also off for June as the median sales price decreased by 0.4% (was up by 7.3% in May) while the average sales price decreased by 3.0% (was up by 6.4% in May) as compared to June of 2016.  This is a reversal of last months activity.

The inventory of available townhouses and condos decreased by 25 units to 396 properties as compared to last month.  This is still 4.2% greater than the June 2016 inventory.  Currently, there’s a 4.3 month supply of inventory (a 10.3% increase from last year which was 3.9 months).  Still a sellers’ 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.

June 2017 Martin County Townhouses and Condos Market Report

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

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 2017 Market Detail

Martin County Single Family Homes June 2017 Market Detail

07.31.17 by

Martin County Single Family Homes June 2017 Market Detail

The Martin County Single Family Homes Market Detail for June 2017 showed continued growth as compared to last June.  Closed sales were up by 8.7% (were up by 8.3% in May). New pending sales increased by 7.2% as compared to June of 2016 (Increased by 24.2% in May).

Prices had mixed results for June with the median sales price up by 6.0% from last year (up by 8.3% in May) while the average price decreased by 6.3% (was up by 35.4% last month).

The inventory of available single family homes decreased from last month by 8 homes to 1,028 units for June,  this is still 7.3% greater than last June.  The current supply of homes is 5.1 months, for June of last year it was a 4.7 months supply. (This is a 8.5% increase from last year).  Still a sellers’ 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.

June 2017 Martin County Single Family Homes Market Report

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

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 2017 Market Detail

Copperleaf July 2017 Real Estate Market Report

07.28.17 by

Copperleaf July 2017 Real Estate Market Report

There are currently 3 homes listed in Copperleaf in Palm City, Florida.  List prices are from $439,000 up to $825,000, for an average list price of $571,167 which equals $159.71 per square foot of living area.

There are 4 homes under contract awaiting closing.  The list prices are from $425,000 up to $649,000 which averages to a $488,450 list price and $163.41 per square foot of living area. These homes averaged 47 days on market before accepting these offers.

In the past 12 months, 24 homes have sold in Copperleaf with an average sales price of $511,303 at $175.48 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 $1,184,993.  These homes went under contract in an average of 61 days.

About Copperleaf in Palm City FL:

 Copperleaf July 2017 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 2017 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 2017 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 2017 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 2017 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 2017 Real Estate Market Report

 

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

Copperleaf July 2017 Real Estate Market Report

 

Hobe Sound FL 33455 Condo Market Report June 2017

07.26.17 by

Hobe Sound FL 33455 Condo Market Report June 2017

 

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

 

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

 

There are currently 15 active condo listings. (Decreased by 1 condos from May)

Hobe Sound FL 33455 Condo Market Report June 2017

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

Hobe Sound FL 33455 Condo Market Report June 2017

3 Condos sold in June. (Increased by 1 condos from May)

 Hobe Sound FL 33455 Condo Market Report June 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Activity remains good, though with such low numbers, it’s dificult to follow any trends.

The absorption rate for Hobe Sound condos decreased to 5 months for June (was 8 months in May).  Back into a sellers’ market for Hobe Sound condos. 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 on 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 2016 numbers were: 4 active listings, 6 pending sales and 3 closed sales.  Similar activity this year while the inventory has more thantripled.

Hobe Sound FL 33455 Condo Market Report June 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report June 2017

Jensen Beach FL 34957 Condo Market Report June 2017

07.24.17 by

Jensen Beach FL 34957 Condo Market Report June 2017

 

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

 

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



There are currently 105 active listings. (Decreased by 17 condos from May)

Jensen Beach FL 34957 Condo Market Report June 2017

44 Condo sales are pending and awaiting settlement. (Unchanged from May)

31 Condos Sold (Up by 3 condos from May)

 The Jensen Beach FL 34957 Condo Market Report for June shows a continuing active market though the inventory continues to decline makingfewer available condos available to purchase.

The one month absorption rate for the June 2017, Jensen Beach Florida Market Report ZIP Code 34957 decreased to 3.4 months (from 4.4 months in May), a 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 June 2016 numbers were: 22 active listings, 14 pending sales and 3 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report June 2017