Jensen Beach FL 34957 Condo Market Report December 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for December 2015

For December 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 37 active listings. (Increased by 1 condos from November)

12 Condo sales are pending and awaiting settlement. (Decreased by 5 condos from November)

7 Condos Sold (Increased by 5 condos from November)

The Jensen Beach FL 34957 Condo Market Report December 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic. Pending sales were down for December while there was a nice increase in closed sales.

The one month absorption rate for the December 2015, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 5.3 months (from 18 months in November), bringing this segment of the Martin County condo market back into a sellers market again, after one month as a buyers market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The December 2014 numbers were: 44 active listings, 15 pending sales and 5 condos closed. Very similar numbers when compared to last year’s activity.

Jensen Beach Condominium Properties by Price

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Jensen Beach FL 34957 Condo Market Report December 2015

Palm City FL 34990 Condo Market Report December 2015

01.18.16 by Gabe Sanders

Palm City FL 34990 Condo Market Report December 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for December 2015

For December 2015 in the 34990 Zip Code area of Palm City, Florida :

There are currently 52 active condo listings. (Decreased by 1 condos from November)

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

4 Condos Sold in December. (Down by 4 condos from November)

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. For December sales were off while the inventory and pending sales were just about unchanged.

The current absorption rate for condos in the 34990 zip code area plunged to 13 months (was 6.6 months in December). Back into a buyers market for Palm City condos. A balanced market is considered to be an absorption rate of around 6 to 7 months.

The December 2014 numbers were: 61 active listings, 6 pending sales and 6 closed sales. Somewhat better activity last year, but only marginal. If the lower inventory is considered there’s a better percentage of activity this year.

Palm City FL 34990 Condo Market Report December 2015

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Palm City FL 34990 Condo Market Report December 2015

Updated Oceanfront Penthouse Condo in Indian River Plantation Just Listed

01.13.16 by Gabe Sanders

Updated Oceanfront Penthouse Condo in Indian River Plantation Just Listed

New on the market for $595,000. Suite 409 in the Plantation House of Indian River Plantation on Hutchinson Island in Stuart, FL

Live like you’re on a vacation every day in this totally updated oceanfront penthouse (4^th Floor) condo in Indian River Plantation on Hutchinson Island in Stuart FL. This spacious 2 bedroom, two bathroom condo has had just about everything re-done within the past few years. Enjoy wonderful ocean views, community pool and the amenities available through the Marriott Resort beach club, which includes golf, tennis, fitness center, deep water marina and more. This condo comes with one under building covered parking.

The Plantation House is an elevator building with controlled access through the lobby. Located directly on the ocean with a heated pool, barbecue area and numerous amenities only a short walk away. Some of the updates include hurricane resistant sliding windows, new AC in 2014, newer doors (both interior and exterior), custom closet treatments, totally redone bathrooms with lots of storage, crown molding, newer tile and carpets, custom kitchen cabinets with Corian countertops and tray ceiling. This is a pet friendly building allowing for up to two pets. No age restrictions.

You’ll love the carefree Island life right in Stuart from your luxury Hutchinson Island condo. Yet still just a short ride to downtown Stuart, shopping, restaurants and all the wonderful amenities that Martin County has to offer.

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.

The 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.

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

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 avai lable Plantation House condos for Sale

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

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Updated Oceanfront Penthouse Condo in Indian River Plantation Just Listed

Stuart Florida Market Report ZIP Code 34994 Residential December 2015

01.11.16 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34994 Residential December 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for December 2015

For December, 2015 in the 34994 Zip Code area of Stuart, Florida :

There are currently 59 active listings (Decreased by 2 homes from November)

19 Residential sales are pending and awaiting close or lender approval (Decreased by 6 homes from last month).

12 Homes Sold in November (No change from November)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed little changes from the previous month. Sales were unchanged while both pending sales and active inventory both dropped slightly.

The one month absorption rate for the 34994 zip code for December decreased to 4.9 months from last months 5.1 months. Still a sellers market for the 34994 zip code area of Stuart, FL.

The December 2014 numbers were 89 Active Listings, 24 pending sales and 12 closed sales. Considerably less inventory for 2015 as compared to last year. Though sales are still equal to 2014.

Search here for Stuart Florida Real Estate for Sale

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Stuart, FL Real Estate

Rental Properties

- Rental Properties for Rent in Stuart, Florida Between $0 – $500,000

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Stuart Florida Market Report ZIP Code 34994 Residential December 2015

January 2016 Copperleaf Market Report

01.06.16 by Gabe Sanders

January 2016 Copperleaf Market Report

There are currently 5 homes actively listed in Copperleaf in Palm City, Florida. List prices range from a low of $349,900 to a high of $1,095,000. The average list price is $699,260 which equals $213.58 per square foot of living area.

There are two homes under contract awaiting closing. The list prices are $284,900 and $327,000 which averages to a $305,950 list price and $149.05 per square foot of living area. These homes averaged 52 days on market before accepting these offers.

In the past 12 months, 19 homes have sold in Copperleaf with an average sales price of $425,231 at $140.32 per square foot of living area and at 96% list to sales price ratio. The lowest sales price was $270,000 while the highest was $1,050,000. These sales averaged at 96% of the last list price and were under contract in an average of 61 days.

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.

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 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.

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

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

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January 2016 Copperleaf Market Report

Downtown Stuart Condo New Price

01.04.16 by Gabe Sanders

Downtown Stuart Condo New Price

Unit B-3 in the Royal Oak Towers of Stuart FL is now offered for $123,500 through the Gabe Sanders BlueWater realty team.

A light and bright 2 bedroom, 2 bathroom condo in the beautiful downtown Stuart area. Open living room/dining room combo with pass through to kitchen. With new hurricane impact windows throughout the building. Your screened patio overlooks the fountain in the courtyard. And lots of windows to give you great natural light. High ceilings. There is 1 covered parking space with easy access to elevator (Pickups and motorcycles allowed). Close to downtown Stuart, restaurants, shops and Lyric Theater and a short walk to the Hospital. Beaches, boating and fishing are also only minutes away. All ages are welcome and 1 large pet is allowed. This is a very well maintained unit.

Search for Another Royal Oak Towers Condos for Sale

More information about Stuart Florida Real Estate can be found on the Gabe Sanders BlueWater Realty team’s web site.

Downtown Stuart Condo New Price

Martin County November 2015 Market Report

12.30.15 by Gabe Sanders

Martin County November 2015 Market Report

“As we have seen throughout the year in our county, property values continue to appreciate, while supply remains low. The median sale price for single family homes is up 13% compared to last November, according to Florida Realtors®, and our months’ supply of inventory is down 21.5% to 4.8 months. Will these trends continue? All indications seem to suggest low supply and higher prices will remain for at least another year. Whether you are buying or selling, seek the expertise of a local REALTOR® who can help you navigate through the unique challenges of Martin County’s real estate market,” said John Slivon, Treasurer of the Realtors® Association of the Palm Beaches (RAPB).

Give us a call if you have any questions or require information about the current real estate market in Martin County.
(772) 323-6996

Martin County November 2015 Market Report

November 2015 Monthly Market Detail Martin County Townhouses and Condos

12.27.15 by Gabe Sanders

November 2015 Monthly Market Detail Martin County Townhouses and Condos

November 2015 Monthly Market Detail Martin County Townhouses and Condos is showing weaker closed activity year to year for the second month in a row. Closed sales were down by 18.7% (was down by 5.7% in October) and new sales under contract (new pending sales) were down by 5.7% from November 2014 (decreased by 12.9% in October).

Even though the sales volume is off, prices continue to rise and very strong rates. The median sales price was up by 18.4% (was up by 4.0% in October) while the average sales price increased by 38.2% (was down by 2.2% in October) as compared to November of 2014.

The inventory of available townhouses and condos has increased by 25 units to 398 properties from last month. It’s good to see some increased inventory, though this is still 20.3% below the November 2014 inventory. Currently, there’s a 3.7 month supply of inventory (a 20.3% decrease from last year). Still in a strong sellers market for townhouses and condos for Martin County. We are heading into the slower season for condo sales and I expect to see a little more weakening for our market until after the holidays.

Click here to view or download the full report:
November 2015 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.

November 2015 Monthly Market Detail Martin County Townhouses and Condos

November 2015 Monthly Market Detail Martin County Single Family Homes

12.26.15 by Gabe Sanders

November 2015 Monthly Market Detail Martin County Single Family Homes

The November 2015 Monthly Market Detail Martin County Single Family Homes continues to show improvement both annually and monthly. Year to year closed sales were up by 6.5% (was up 13.4% in October). New pending sales increased by 4.9% as compared to November of 2014 (decreased by 19% in October).

Prices continue their upward march. The median sales price was up by 13.0% from last year (up by 15.6% in October) while the average price increased by 30.6% (was up by 12.3% last month). This very strong price trend is a bit troubling as it seems to be at much to high of a pace to be sustainable for the long run. I expect some moderation of these increases in the near future.

The inventory of available single family homes decreased from last month by 33 homes to 1129 units this month, and this is inventory is 10.4% less than last November. Current supply of homes is 4.8 months, for October of this year it was a 4.9 months supply. (This is a 21.5% decrease from last year). The Martin County single family real estate market remains in a sellers market. I was hoping for another month of increasing inventory, but this hasn’t happened. Possibly for December and/or January we’ll have some additional homes for sale.

Click here to view or download the full report:
November 2015 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.

November 2015 Monthly Market Detail Martin County Single Family Homes

Hobe Sound FL 33455 Condo Market Report November 2015

12.21.15 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report November 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for November 2015

For November 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 4 active condo listings. (Unchanged from October)

1 Condos are pending and awaiting close. (Up by 1 condos from October)

1 Condos sold in October (Decreased by 2 condos from October)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. With only 4 actively listed condos, there’s just not that many options out there for buyers. Any one considering selling their Hobe Sound condo, the time couldn’t be better than right now.

The current absorption rate is 4 months (Last month it was 1.3 months). This absorption rate should be taken with a liberal grain of salt, as small changes in activity make for very large changes on percentages that may 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 2014 numbers were: 9 active listings, 4 pending sales and 4 closed sales. Much better volume last year. But there was over twice the inventory as well.

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Hobe Sound Florida Real Estate presented by:
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Hobe Sound FL 33455 Condo Market Report November 2015

Jensen Beach FL 34957 Condo Market Report November 2015

12.19.15 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report November 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for November 2015

For November 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 36 active listings. (Increased by 12 condos from October)

17 Condo sales are pending and awaiting settlement. (Unchanged from October)

2 Condos Sold (Decreased by 2 condos from October)

The Jensen Beach FL 34957 Condo Market Report November 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic. Nice big jump in inventory for the month, bringing us closer to what we had last year. Though, activity this month was pretty weak.

The one month absorption rate for the November 2015, Jensen Beach Florida Market Report ZIP Code 34957 rose to 18 months (from 6 months in October), bringing this segment of the Martin County condo market back into a strong buyers market for the first time in quite a while. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The November 2014 numbers were: 38 active listings, 15 pending sales and 4 condos closed. Slightly weaker activity for Jensen Beach condos this year as compared to last.

Jensen Beach Condominium Properties by Price

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report November 2015

Palm City FL 34990 Condo Market Report November 2015

12.17.15 by Gabe Sanders

Palm City FL 34990 Condo Market Report November 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for November 2015

For November 2015 in the 34990 Zip Code area of Palm City, Florida :

There are currently 53 active condo listings. (Decreased by 1 condos from October)

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

8 Condos Sold in November. (Up by 5 condos from October)

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. For November this segment of our market had a nice jump in closed sales sending us into a balanced market. It would be nice to see this trend continue.

The current absorption rate for condos in the 34990 zip code area plunged to 6.6 months (was 18 months in November). Back into a balanced market for Palm City condos. A balanced market is considered to be an absorption rate of around 6 to 7 months, so this market continues as a strong buyers market.

The November 2014 numbers were: 61 active listings, 11 pending sales and 2 closed sales. Better closed activity this year, with a slightly reduced inventory. Though, pending sales were better last year.

Palm City FL 34990 Condo Market Report November 2015

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Palm City Florida Real Estate presented by:
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Palm City FL 34990 Condo Market Report November 2015

Stuart Florida Market Report ZIP Code 34994 Residential November 2015

12.10.15 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34994 Residential November 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for November 2015

For November, 2015 in the 34994 Zip Code area of Stuart, Florida :

There are currently 61 active listings (Increased by 5 homes from October)

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

12 Homes Sold in October (Up by 4 homes from October)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida swing back to an active month prior to the holiday season, with a very nice increase in closed sales. Inventory was up slightly and unfortunately the pending sales ( a sign of potential future activity) dropped a little.

The one month absorption rate for the 34994 zip code for November decreased to 5.1 months from last months 6.9 months, seesawing back and forth for the past few months, now back into a sellers market. A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The November 2014 numbers were 77 Active Listings, 35 pending sales and 11 closed sales. Similar volume of closed sales as to last year, while having a lower inventory and also a lower number of pending sales.

Search here for Stuart Florida Real Estate for Sale

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

Stuart, FL Real Estate

Rental Properties

- Rental Properties for Rent in Stuart, Florida Between $0 – $500,000

Condominium Properties

Vacant Land Properties

Commercial Properties

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Stuart Florida Market Report ZIP Code 34994 Residential November 2015

Sunset Trace Palm City December 2015 Market Report

12.10.15 by Gabe Sanders

Sunset Trace Palm City December 2015 Market Report

As of December 2015, there are only 5 active listings for sale in Sunset Trace. List prices vary from $119,000 to $153,000 with an average list price of $159,900 which equals $109.79 per square foot of living area.

There are currently 5 homes under contract and awaiting settlement. The listing prices range from $102,000 to $139,900 for an average list price of $129,080 which equals $96.57 per sq. ft. of living area. These homes were on the market for an average of 45 days prior to accepting an offer.

In the past 12 months, 44 homes have sold in Sunset Trace. Sales prices ranged from $92,800 to $156,000 for an average sales price of $126,985 which equals $96.99 per sq. ft. of living area. These homes sold for an average of 96% of their final list price and were under contract within 30 days of their lost date.

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 School, Hidden 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 care free.

Search here for:

Sunset Trace Villas and Townhomes for Sale

Sunset Trace Palm City December 2015 Market Report

Plantation Club Villas Indian River Plantation December 2015 Market Report

12.05.15 by Gabe Sanders

Plantation Club Villas Indian River Plantation December 2015 Market Report

There are no active listings in the Plantation Club Villas of Hutchinson Island.

There are no currently pending sales in the Plantation Club Villas.

Two condos sold in the Plantation Club Villas in the past 12 months. The sales prices were $225,000 and $305,000 which averages to $265,000 and $199.91 per sq. ft. of living area. These two condos sold for 92$ of the last listed price and were on the market for an average of 524 days before receiving an accepted offer.

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.

There 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.

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

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 Club Villas for Sale

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
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Plantation Club Villas Indian River Plantation December 2015 Market Report

Downtown Stuart Condo Sold

12.05.15 by Gabe Sanders

Downtown Stuart Condo Sold

Royal Oak Towers condo unit A-3 in downtown Stuart FL has been sold by the Gabe Sanders BlueWater realty team. The sales price was $100,000. For those with an interest, we have two more available in this well located building:

Unit A-2 and Unit B-3

Light and bright unit in downtown Stuart area. Walk into Mexican tiles in an open living room/dining room combo with pass through to kitchen. New hurricane impact windows throughout. Screen patio overlooks fountain in courtyard .Both bedrooms have new laminate wood floors. Lots of windows to give lots of natural light. High ceilings. There is 1 covered parking space with easy access to elevator. Close to downtown Stuart restaurants, shop and Lyric Theater. Beaches are only minutes away. All ages welcome and one large pet is allowed.

Search for Royal Oak Towers Condos for Sale

More information about Stuart Florida Real Estate can be found on the Gabe Sanders BlueWater Realty team’s web site.

Downtown Stuart Condo Sold

Plantation House Condos Indian River Plantation December 2015 Market Report

12.02.15 by Gabe Sanders

Plantation House Condos Indian River Plantation December 2015 Market Report

There are currently no active listings in the Plantation House of Hutchinson Island.

There are no currently pending sales in the Plantation House.

Five condos sold in the Plantation House in the past 12 months. The sales prices ranged from $312,500 to $432,500 for an average sales price of $373,500 or $261.96 per sq. ft. of living area. These condos sold for an average of 92% of the last listed price and went under contract in an average of 163 days after going on the market.

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

Click here to view avai lable Plantation House condos for Sale

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 2015 Market Report

Martin County Real Estate Update October 2015

12.01.15 by Gabe Sanders

Martin County Real Estate Update October 2015

“Florida Realtors® report that Martin County single family home sales showed double-digit appreciation in both median and average sale prices for the month of October. The average sale price of $434,249 is up 12.3% compared to October 2014, while the median is up 15.6%, reaching $314,500. Closed sales outpaced last year, too, and our inventory diminished to 1,162 homes, a 7.3% decrease from last year. For the sixth consecutive month, Martin County’s supply of inventory remained below 5 months and is down 18.4% compared to last year. All these figures are the hallmark of a seller’s market, so buyer beware and seek out the assistance of your local REALTOR® to help you navigate the unique challenges of this current real estate market,”

Martin County Real Estate Update October 2015

October 2015 Monthly Market Detail Martin County Townhouses and Condos

11.28.15 by Gabe Sanders

October 2015 Monthly Market Detail Martin County Townhouses and Condos

October 2015 Monthly Market Detail Martin County Townhouses and Condos is showing weaker closed activity year to year. Closed sales were down by 5.7% (was down by 13.6% in September) and new sales under contract (new pending sales) were down by 12.9% from October 2014 (decreased by 17.4% in September).

Prices continue to increase, though at a greatly reduced rate from the previous two months. The median sales price was up by 4.0% (was up by 13.7% in September) while the average sales price decreased by 2.2% (was up by 10.2% in September) as compared to October of 2014.

The inventory of available townhouses and condos has increased by 31 units to 373 properties from last month. It’s good to see some increased inventory, though this is still 33.5% less than was available in October of 2014. For October there was a 3.4 month supply of inventory (a 26.5% decrease from last year). Still in a strong sellers market for townhouses and condos for Martin County. We are heading into the slower season for condo sales and I expect to see a little more weakening for our market until after the holidays.

Click here to view or download the full report:
October 2015 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.

October 2015 Monthly Market Detail Martin County Townhouses and Condos

October 2015 Monthly Market Detail Martin County Single Family Homes

11.27.15 by Gabe Sanders

October 2015 Monthly Market Detail Martin County Single Family Homes

The October 2015 Monthly Market Detail Martin County Single Family Homes showed better closed volume from last year but a weaker indication for future sales with the pending numbers. Year to year closed sales were up by 13.4% (was down 0.5% in September). New pending sales decreased by 19% as compared to October of 2014 (decreased by 6.6% in September).

Prices continue their upward march. The median sales price was up by 15.6% from last year (up by 7.1% in September) while the average price increased by 12.3% (was up by 40.5% last month). This upward price trend is a bit troubling as it seems to be at much to high of a pace to be sustainable for the long run. I expect some moderation of these increases in the near future.

The inventory of available single family homes increased from last month by 105 homes to 1162 units this month, though this is still 7.3% less than last October. Current supply of homes is 4.9 months, for September of this year it was a 4.5 months supply. (This is 18.4% decrease from last year). The Martin County single family real estate market remains in a sellers market. Though, with increasing inventory, we are headed towards a more balanced market looking at the future.

Click here to view or download the full report:
October 2015 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.

772-763-8506

Jensen Beach FL 34957 Condo Market Report December 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for December 2015

Jensen Beach Condominium Properties by Price

Jensen Beach FL 34957 Condo Market Report December 2015

Palm City FL 34990 Condo Market Report December 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for December 2015

Search for Palm City Condos by Price:

Palm City FL 34990 Condo Market Report December 2015

Updated Oceanfront Penthouse Condo in Indian River Plantation Just Listed

Updated Oceanfront Penthouse Condo in Indian River Plantation Just Listed

Stuart Florida Market Report ZIP Code 34994 Residential December 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for December 2015

Stuart, FL Real Estate

Rental Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

January 2016 Copperleaf Market Report

January 2016 Copperleaf Market Report

Downtown Stuart Condo New Price

Downtown Stuart Condo New Price

Martin County November 2015 Market Report

Martin County November 2015 Market Report

November 2015 Monthly Market Detail Martin County Townhouses and Condos

November 2015 Monthly Market Detail Martin County Townhouses and Condos

November 2015 Monthly Market Detail Martin County Single Family Homes

November 2015 Monthly Market Detail Martin County Single Family Homes

Hobe Sound FL 33455 Condo Market Report November 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for November 2015

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Hobe Sound FL 33455 Condo Market Report November 2015

Jensen Beach FL 34957 Condo Market Report November 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for November 2015

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Jensen Beach FL 34957 Condo Market Report November 2015

Palm City FL 34990 Condo Market Report November 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for November 2015

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Palm City FL 34990 Condo Market Report November 2015

Stuart Florida Market Report ZIP Code 34994 Residential November 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for November 2015

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Sunset Trace Palm City December 2015 Market Report

Plantation Club Villas Indian River Plantation December 2015 Market Report

Plantation Club Villas Indian River Plantation December 2015 Market Report

Downtown Stuart Condo Sold

Downtown Stuart Condo Sold

Plantation House Condos Indian River Plantation December 2015 Market Report

Plantation House Condos Indian River Plantation December 2015 Market Report

Martin County Real Estate Update October 2015

Martin County Real Estate Update October 2015

October 2015 Monthly Market Detail Martin County Townhouses and Condos

October 2015 Monthly Market Detail Martin County Townhouses and Condos

October 2015 Monthly Market Detail Martin County Single Family Homes

October 2015 Monthly Market Detail Martin County Single Family Homes

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