Real Estate in and around Stuart Florida
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 of 2016.
View the entire set of data at GabeSanders.com
For July 2016 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 3 active condo listings. (Down by 1 condos from June)
6 Condos are pending and awaiting close. (Unchanged in pending condos from June)
3 Condos sold in July. (The same number of closed sales from June)
The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. Inventory levels are at all time lows and it is quite remarkable that there is as much activity as there is in this small segment of the Martin County real estate market.
For July, 2016 the absorption rate is 1 month (it was 1.3 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 July 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 2015 numbers were: 3 active listings, 6 pending sales and 1 closed sales. Very similar numbers to last year with better closed sales for 2016..
Hobe Sound Florida Real Estate presented by:
Gabe Sanders
There are 6 homes currently for sale in the Tres Belle subdivision of Stuart FL. Listing prices are from $599,900 to $898,900 for an average list price of $708,467 which works out to $201.34 per sq. ft. of living area. A number of these homes are new construction from Kolter Homes. If interested in new construction, please ask about our new home buyer rebate program.
There is currently 1 home under contract that was listed for $774,900 or $254.57 per sq. ft. of living area. This home was on the market for 71 days before going under contract.
12 homes have sold in the past 12 months. Sales prices ranged from $549,900 to $899,900. The average sales price was $664,517 which comes out to $191.12 per sq. ft. of living area. These homes sold on average of 118 days with sales prices at 98% of list price.
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.
The first homes were completed in 2007 and construction and sales of new homes continue to this date (August 2016). 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 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.
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 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.
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.
Search here for all Stuart FL real estate
For July 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
There are currently 112 active listings. (Increased by 90 condos from June)
46 Condo sales are pending and awaiting settlement. (Up by 32 condos from June)
27 Condos Sold (Up by 24 condos from June)
For the Jensen Beach FL 34957 Condo Market Report July 2016 a change in our MLS sampling database includes a greater number of condos located in this zip code that are on Hutchinson Island in Saint Lucie county as well as mainland Jensen Beach.
The one month absorption rate for the July 2016, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 4.1 months (from 7.3 months in June), bringing Jensen beach condos back into a sellers’ market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.
The July 2015 numbers were: 25 active listings, 13 pending sales and 3 condos closed. We had a change in reporting datsa and we 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.
Jensen Beach Florida Real Estate presented by:
Gabe Sanders
For July 2016 in the 34990 Zip Code area of Palm City, Florida :
There are currently 60 active condo listings. (Decreased by 5 condos from June)
7 Condo sales are pending and awaiting close or lender approval. (Up by 3 condos from last month)
3 Condos Sold in July. (Down by 4 condos from June)
The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. Condo sales were off considerably for July. Not totally unexpected as typically the summer months are the slow time for Palm City condo sales.
Palm City Florida Real Estate presented by:
Gabe Sanders
There are currently 9 homes actively listed in Palm Cove Yacht and Golf Cub for August 2016 in Palm City, Florida. List prices range from a low of $299,000 up to the highest which is a waterfront home for $2,105,000. The average list price is $968,409 which works out to $226.03 per square foot of living area.
There are no homes or condos under contract in the Palm Cove community of palm City as of August 2016.
In the past 12 months, 14 homes have sold in Palm Cove Yacht and Golf Cub with sales prices from $205,000 up to $1,800,000 for an average sales price of $593,304 or $176.07 per square foot of living area. These homes were on the market for an average of 150 days prior to going under contract and sales prices averaged at 95% of the list price
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.
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.
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.
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.
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.
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
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties
August 2016 Market Update:
There are 13 homes currently for sale in the Yacht and Country Club of Stuart. Listing prices are from $230,000 to $1,500,000 for an average list price of $623,523 which works out to $220.12 per sq. ft. of living area.
There are currently 4 homes under contract ranging in list price from $309,900 to $380,000. The average list price of these pending sales is $347,225 or $168.10 per sq. ft. of living area. These homes averaged 113 days on market before going under contract.
35 homes have sold in the past 12 months. Ranging in sales price from $159,900 to $1,100,000. The average sales price was $392,120 which comes out to $159.91 per sq. ft. of living area. These homes sold on average in 66 days with sales prices at 95% of list price.
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 ‘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 clubhouse at the Yacht and Country Club of Stuart offers a professionally appointed fitness center with a a resident massage therapist. Tennis is provided by ix lighted Har-tru tennis courts and also residents are provided with two lighted croquet lawns.
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.
Truly a wonderful place to call home.
Search here for available homes in the Yacht and Country Club of Stuart, Florida
For July, 2016 in the 34994 Zip Code area of Stuart, Florida :
There are currently 70 active listings (Unchanged from June)
33 Residential sales are pending and awaiting close or lender approval (Increased by 1 homes from last month).
18 Homes Sold in June (Up by 1 homes from June)
The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continued the summer with strong activity for July with positive future activity (pending sales) and also an increase in closed sales. Though, the reduced inventory is a potential problem.
The one month absorption rate for the 34994 zip code for July decreased to 3.9 months from 4.1 months for June. Still in a sellers’ market for the 34994 zip code area of Stuart, FL. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.
The July 2014 numbers were 62 Active Listings, 32 pending sales and 16 closed sales. Slightly better sales numbers for this year when compared to July of 2015.
Search here for Stuart Florida Real Estate for Sale
Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team
Stuart Florida Market Report ZIP Code 34994 Residential July 2016
June 2016 Monthly Market Detail Martin County Townhouses and Condos is giving us some mixed signals with closed sales off from last year but a very strong month for new pending sales.. Closed sales were down by 5.0% (was down by 5.1% in May) and new sales under contract (new pending sales) were up by 39.1% from June 2014 (decreased by 5.4% in May).
Another month of mixed signals with prices as the median sales price increased by 5.7% (was down by 0.4% in May) while the average sales price decreased by 5.4% (was up by 6.7% in May) as compared to June of 2015. I’ve been predicting some sort of moderation in the rate of price increases and this appears to have happened.
The inventory of available townhouses and condos decreased by 36 units to 381 properties as compared to last month. The first monthly decline after two months of increases. This is 1.0% below the June 2015 inventory. Currently, there’s a 3.9 month supply of inventory (an 8.3% increase from last year). Still in a strong sellers market for townhouses and condos in Martin County.
Click here to view or download the full report:
June 2016 Monthly Market Detail Martin County Townhouses and Condos
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.
The June 2016 Monthly Market Detail Martin County Single Family Homes showed a marked decrease from lasy years activity, yet still a strong and active market. Closed sales were down by 10.0% (was down by 2.8% in May). New pending sales decreased by 17.5% as compared to June of 2015 (Decreased by 14.7% in May).
Prices, however, continued their rise as the median sales price was up by 15.9% from last year (up by 15.8% in May) while the average price increased by 9.2% (was down by 3% last month). I expect that prices will moderate to a much smaller rate of increase in the coming year.
The inventory of available single family homes decreased from last month by 66 homes to 988 units for this month, this is 8.8% greater than last June. Current supply of homes is 4.9 months, for June of last year it was a 4.4 months supply. (This is a 11.4% increase from last year). Still a sellers market for Martin County single family home sales.
Click here to view or download the full report:
June 2016 Monthly Market Detail Martin County Single Family Homes
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.
As of July 2016, there are 4 homes available for sale in Lake Tuscany with listing prices from $479,315 to $579,900 for an average list price of $519,405 which is a price per square foot of living area of $138.55. As of July 14, 2016 these homes will have averaged 79 days on market.
There are 4 homes under contract. List prices were from $405,000 up to $485,000 for an average list price of $445,975 which works out to $139.60 per sq. ft. of living area. These homes averaged 33 days on the market before going under contract.
In the past 12 months, 8 homes have sold in Lake Tuscany ranging in sales price from $362,000 to $469,000 for an average sales price of $414,500 which equals $153.54 per sq. ft. of living area. These homes took an average of 34 days on market to go under contract and sold at 98% of list price.
Lake Tuscany in Stuart FL is a newer subdivision just to the west of I-95 in Martin County, Florida. The homes in Lake Tuscany were mostly completed between 2004 to 2005. This attractive subdivision is set up with a gated entrance and all 98 homes in Lake Tuscany are on Panther Trace which makes a large circle around the lake in the center. Homes range from 3 Bedroom, 3 Bath or 4 BR 2 Baths of around 2100 sq. ft. of living area to spacious 6 Bedroom, 4 Bathroom 2 story homes with lofts and theater rooms with pools by the lakeside along with 3 car garages. All are high quality homes built by local builder Mercedes Homes.
Lake Tuscany boasts lush landscaping and very reasonable Home Owner’s Association fees of $398 per quarter. These fees cover security, the common areas and lake upkeep, basic cable, trash collection and front landscaping. The Lake Tuscany property owners web site is located at this site.
Families in Lake Tuscany enjoy Martin County’s ‘A’ rated schools in the following schools: Crystal Lake Elementary, David L Anderson Middle School and South Fork High School. Shopping is only minutes away and there’s easy access to Martin County’s waterways and just a short drive to the many public beaches.
Search here for currently available Lake Tuscany real estate in Stuart FL
For any questions you may have about July 2016 Lake Tuscany Stuart FL Market Report, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here
Stuart Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties
For June 2016 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 4 active condo listings. (Down by 1 condos from May)
6 Condos are pending and awaiting close. (Down by 1 condos from May)
3 Condos sold in June. (Up by 3 from last month)
The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. Inventory levels are at all time lows and it is quite remarkable that there is as much activity as there is in this small segment of the Martin County real estate market.
For June, 2016 the absorption rate is 1.3 months which is what it was back in April (with no sales reported in May, there was no absorption rate for that month). 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 June 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 2015 numbers were: 9 active listings, 2 pending sales and 6 closed sales. Better closed activity for last year, but this was with over twice as many active condos for sale. Inventory, or lack of, is playing a major obstacle in the Hobe Sound condo market.
Hobe Sound Florida Real Estate presented by:
Gabe Sanders
For June 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
There are currently 22 active listings. (Decreased by 4 condos from May)
14 Condo sales are pending and awaiting settlement. (Up by 3 condos from May)
3 Condos Sold (No change in sold condos from May)
The Jensen Beach FL 34957 Condo Market Report June 2016 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic. For June of 2015, available inventory remains quite low, while the pending sales numbers are quite good when the inventory is considered.
The one month absorption rate for the June 2016, Jensen Beach Florida Market Report ZIP Code 34957 dropped a bit to 7.3 months (from 8.7 months in May), still a buyers market for the first time in close to two years. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.
The June 2015 numbers were: 31 active listings, 11 pending sales and 5 condos closed. Better sales numbers for last year, but pending sales look good for this year even with the reduced inventory of available condos.
Jensen Beach Florida Real Estate presented by:
Gabe Sanders
For June 2016 in the 34990 Zip Code area of Palm City, Florida :
There are currently 65 active condo listings. (Increased by 3 condos from May)
4 Condo sales are pending and awaiting close or lender approval. (Down by 9 condos from last month)
7 Condos Sold in June. (No change in sold condos from May)
The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. The activity in this market has slowed considerably for June and with the weak pending numbers, this may continue for the next few months.
Palm City Florida Real Estate presented by:
Gabe Sanders
For July of 2016 there are three active listings on the market in the Archipelago of Sewalls Point. Listing prices range from a low of $899,000 up to $2,175,000 for an average list price of $1,524,667 or $458.39 per sq. ft. of living area. As of July 13, 2016 these listings have averaged 191 days on the market.
There are no homes are currently under contract.
In the past 12 months, there have been one home sold in the Archipelago of Sewalls Point. This home sold for $979,000 or $289.05 per sq. ft. of living area. This sale was at 100% of the listing price and was on the market for only 5 days prior to accepting this full price offer.
Located in the prestigious town of Sewalls Point, Florida the Archipelago is a non gated neighborhood of all waterfront homes with access to the crystal clear waters of the Atlantic Ocean through the Saint Lucie Inlet in Martin County, Florida. All the homes in the Archipelago are on either the wide waters of the Indian River or located on deep water canals. The Saint Lucie Inlet to the Atlantic is less than two miles away by water. Access is maintained by dredging all Archipelago waterways to 6’. Homes range from modest older frame homes, to spectacular estate lots with magnificent views.
The link below will take you to all currently available Archipelago homes in Sewalls Point, Florida
Search for Archipelago Homes for Sale
Sewalls Point Real Estate is presented by:
the Gabe Sanders real estate team
For June, 2016 in the 34994 Zip Code area of Stuart, Florida :
There are currently 70 active listings (Up by 8 homes from May)
33 Residential sales are pending and awaiting close or lender approval (Decreased by 10 homes from last month).
17 Homes Sold in May (Down by 1 homes from May)
The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had excellent activity for June with very strong future activity (pending sales) and also a nice increase in closed sales. Though, the reduced inventory is a potential problem.
The one month absorption rate for the 34994 zip code for June increased to 4.1 months from 3.4 months for May. Still in a sellers’ market for the 34994 zip code area of Stuart, FL. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.
The June 2014 numbers were 64 Active Listings, 38 pending sales and 14 closed sales. Slightly better volume of activity for this year when compared to June of 2015.
Search here for Stuart Florida Real Estate for Sale
Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team
Stuart Florida Market Report ZIP Code 34994 Residential June 2016
As of June 2016, there were 7 homes on the market in Locks Landing in Stuart Florida. Listing prices range from $349,000 to $454,000 for an average price of $405,129 which equates to a per square foot of $181.37.
There are 2 homes currently under contract. List prices were $375,000 and $499,000, or an average list price of $437,000 which equals $191.52 per sq. ft. of living area. These homes averaged 1 day on the market before going under contract.
In the past 12 months, 21 homes have sold in Locks Landing with sales prices ranging from $350,000 to $505,000 for an average sales price of $409,924 or $170.37 per sq. ft. of living area. These sales averaged at 96% of listing price and on average went under contract within 79 days of being listed.
Locks Landing in Stuart Florida is a planned unit community of 243 homes on the south eastern shore of the Saint Lucie Waterway, just upstream of the Locks on the Okeechobee Water Way at Phipps Park in Stuart, Florida.
Locks Landing homes range in sizes from just under 2,000 square feet of living area to some spacious 3,000 square feet plus homes on spacious preserve lots. Many homes enjoy lake views and a few homes offer views of the Saint Lucie Waterway. This wonderful family neighborhood boasts a number of docks with available water and electrics.. Easy access through the lock to the main Saint Lucie river and out to the crystal clear waters of the Atlantic Ocean or sail west into Lake Okeechobee for a fabulous day of fresh water fishing. For those without their own boat dock, there’s a convenient boat ramp to allow all to enjoy the fabulous boating available to all residents of Martin County.
Locks landing is only moments to I-95 for those needing to commute either north or south on the Interstate. The equestrian farms of Martin County are only a short drive to the west; while to the east is shopping, restaurants, beaches and all the amenities that Martin County has to offer. This family friendly community also boasts an ‘A’ rated school system with local children attending Crystal Lake Elementary School, David L Anderson Middle School and South Fork High School
To view the current homes available for sale in Locks Landing please select the following link:
Locks Landing Homes for Sale
For any questions you may have about Locks landing, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here
Stuart Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties
May 2016 Monthly Market Detail Martin County Townhouses and Condos had less volume of closed and pending sales from last year, but is still a very active market. Closed sales were down by 5.1% (was up by 3.9% in April) and new sales under contract (new pending sales) were down by 5.4% from May 2014 (decreased by 8.4% in April).
Slightly mixed signals with prices as the median sales price dropped by .0.4% (was up by 19.1% in April) while the average sales price increased by 6.7% (was up by 28.9% in April) as compared to May of 2015. After many months of double digit price gains, this moderation will be welcome news to buyers.
The inventory of available townhouses and condos increased by 7 units to 417 properties as compared to last month. The second month of increases. This is 1.7% above the May 2015 inventory. Currently, there’s a 4.2 month supply of inventory (a 7.7% increase from last year). Still in a sellers market for townhouses and condos for Martin County.
Click here to view or download the full report:
May 2016 Monthly Market Detail Martin County Townhouses and Condos
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.
The May 2016 Monthly Market Detail Martin County Single Family Homes had reduced closed and pending volume when compared to last year. Closed sales were down by 2.8% (was down by 4.3% in April). New pending sales decreased by 14.7% as compared to May of 2015 (Decreased by 0.3% in April).
Mixed signals with prices as the median sales price was up by 15.8% from last year (up by 6.7% in April) while the average price decreased by 3% (was up by 22.6% last month). I expect that prices will moderate to a much smaller rate of increase in the coming year.
The inventory of available single family homes increased from last month by 14 homes to 1,054 units for this month, this is 6.8% greater than last May. Current supply of homes is 5.1 months, for May of last year it was a 4.9 months supply. (This is a 4.1% increase from last year). Still a sellers market for Martin County single family home sales.
Click here to view or download the full report:
May 2016 Monthly Market Detail Martin County Single Family Homes
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.
