Hobe Sound FL 33455 Condo Market Report November 2015

12.21.15 by

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)

Hobe Sound FL 33455 Condo Market Report November 2015

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

Hobe Sound FL 33455 Condo Market Report November 2015

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

Hobe Sound FL 33455 Condo Market Report November 2015

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.

Hobe Sound FL 33455 Condo Market Report November 2015

Search Hobe Sound Condominium Properties by Price

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report November 2015

 

Jensen Beach FL 34957 Condo Market Report November 2015

12.19.15 by

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)

Jensen Beach FL 34957 Condo Market Report November 2015

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

Jensen Beach FL 34957 Condo Market Report November 2015

2 Condos Sold (Decreased by 2 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2015

 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 FL 34957 Condo Market Report November 2015

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

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)

Palm City FL 34990 Condo Market Report November 2015

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

Palm City FL 34990 Condo Market Report November 2015

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

Palm City FL 34990 Condo Market Report November 2015

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

Search for Palm City Condos by Price:

Palm City Florida Real Estate presented by:
Gabe Sanders

 

Palm City FL 34990 Condo Market Report November 2015

Stuart Florida Market Report ZIP Code 34994 Residential November 2015

12.10.15 by

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)

Stuart Florida Market Report ZIP Code 34994 Residential November 2015

25 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 November 2015

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

Stuart Florida Market Report ZIP Code 34994 Residential November 2015

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.

Stuart Florida Market Report ZIP Code 34994 Residential November 2015

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

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

Stuart Florida Market Report ZIP Code 34994 Residential November 2015

Sunset Trace Palm City December 2015 Market Report

12.10.15 by

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

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.

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

Plantation Club Villas on Hutchinson Island

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

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

Plantation Club Villas on Hutchinson Island

Click here to view available Plantation Club Villas for Sale

Search for Martin County Real Estate

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

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

Plantation Club Villas Indian River Plantation December 2015 Market Report

 

 

Downtown Stuart Condo Sold

12.05.15 by

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.

Royal Oak Towerss in Downtown Stuart FL Royal Oak Towerss in Downtown Stuart FL

 Royal Oak Towerss in Downtown Stuart FL Royal Oak Towerss in Downtown Stuart FL

Search for Royal Oak Towers Condos for Sale

Search the Martin County MLS

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

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.

Plantation House Condos on Hutchinson Island

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

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

Plantation House Condos on Hutchinson Island

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

Plantation House Condos on Hutchinson Island

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

Click here to view available Plantation House condos for Sale

Search for Martin County Real Estate

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

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

Plantation House Condos Indian River Plantation December 2015 Market Report

 

 

 

Martin County Real Estate Update October 2015

12.01.15 by

Martin County Real Estate Update October 2015

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

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.

October 2015 Monthly Market Detail Martin County Townhouses and Condos

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

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.

October 2015 Monthly Market Detail Martin County Single Family Homes

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.

October 2015 Monthly Market Detail Martin County Single Family Homes

November 2015 Market Report for Legacy Cove in Stuart Florida

11.23.15 by

November 2015 Market Report for Legacy Cove in Stuart Florida

There are currently 3 homes for sale in Legacy Cove in Stuart, FL.  Listing prices range from $328,900 to $486,900 for an average listing price of $381,600 or a price per square foot of living area of $151.36.

There are no homes currently under contract

In the past 12 months, 10 homes have sold in Legacy Cove with sales prices ranging from $222,884 to $352,000 for an average sales price of $301,238 or $144.28 per sq. ft. of living area.  These sales averaged 95% of list price and went under contract in an average of 71 days after going on the market.

Legacy Cove in Stuart FL

Legacy Cove in Stuart Florida is a gated lakeside community of 229 homes off of Cove Road in Stuart, Florida.  Legacy Cove consists of two sections. The first section of 142 homes called the Cove Isle development was mostly completed between 2004 and 2005.  The newer section, called the Cove Lakes development consists of 87 home sites with construction that began in 2007.  Some homes are yet to be completed in Cove lakes.

Legacy Cove in Stuart FL

There’s a wide variety of homes in Legacy Cove, ranging for the smallest, a 3 bedroom, 2 bathroom, 2 car garage with a little under 1,600 square feet of living area to  4, possible 5 bedroom, 3 and a 1/2 bathroom, 3 car garage two story homes with almost 4,000 square feet of living area.  And many sizes in between.

Legacy Cove in Stuart FL

Legacy Cove boasts a community pool and club house with a fitness center as well as two hard surfaced tennis courts.  Many homes in Legacy Cove in Stuart Florida have serene lake views and a comfortable private feeling.  Located just minutes from I-95, this is a great location for those wishing to take advantage of Martin County’s amenities while still having an easy commute to work either north or south.

Legacy Cove in Stuart FL

Legacy Cove is in an ‘A’ Martin County school system with children currently attending Pinewood elementary school, Dr. David L Anderson middle school and Martin County high school.

Legacy Cove in Stuart FL

The HOA fees are very reasonable at $688.00 per quarter.  Management of the community is through Bristol Management of Stuart.

Legacy Cove in Stuart FL

Residents of Legacy Cove in Stuart Florida enjoy a relaxing life style with easy access to restaurants, shopping and the many waterways, beaches and public parks that Martin County has to offer.

Search here for Legacy Cove Homes for Sale

For any questions you November 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

November 2015 Market Report for Legacy Cove in Stuart Florida

 

Martin County Third Quarter 2015 Market Report

11.22.15 by

Martin County Third Quarter 2015 Market Report

Martin County Third Quarter 2015 Market Report

“In Martin County, we closed out an incredible 3rd quarter where the median sale price of homes rose 8.2 percent to $304,000, and median days on market dropped to 38 days, down 38.7 percent compared to last year. Meanwhile, inventory continued to dry up, down nearly 25 percent to a supply of 4.5 months, which is great news for those who are contemplating selling. For prospective buyers, be aware that we are still firmly in a Seller’s market; however, new listings are up 5.3 percent year-over-year, and if this trend continues, we will find ourselves in a more balanced market. Whether you are buying or selling, seek the expertise of a local REALTOR® who can help you navigate through the obstacles of our current market and understand fair market value,” said John Slivon, Treasurer of the Realtors® Association of the Palm Beaches (RAPB).

Martin County Third Quarter 2015 Market Report

Hobe Sound FL 33455 Condo Market Report October 2015

11.21.15 by

Hobe Sound FL 33455 Condo Market Report October 2015

 

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

 

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

 

There are currently 4 active condo listings. (Up by 2 condos from September)

Hobe Sound FL 33455 Condo Market Report October 2015

0 Condos are pending and awaiting close. (Down by 4 condos from September)

3 Condos sold in September (Increased by 1 condos from September)

Hobe Sound FL 33455 Condo Market Report October 2015

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  The current inventory doubled from last month, but it’s still only 4 active listings.  And, with no pending listings, I’m not expecting any great activity in the coming months until we get some more condos available for sale in Hobe Sound.

The current absorption rate is 1.3 months (Last month it was 1 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 October 2014 numbers were: 19 active listings, 5 pending sales and 1 closed sales.  We actually have better closed sales for this year as compared to last year.  But with no inventory and no pending sales it doesn’t look very promising for the future.

Hobe Sound FL 33455 Condo Market Report October 2015

Search Hobe Sound Condominium Properties by Price

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report October 2015

 

Jensen Beach FL 34957 Condo Market Report October 2015

11.19.15 by

Jensen Beach FL 34957 Condo Market Report October 2015

 

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

 

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



There are currently 24 active listings. (Increased by 2 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2015

17 Condo sales are pending and awaiting settlement. (Up by 5 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2015

4 Condos Sold (Decreased by 2 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2015

 The Jensen Beach FL 34957 Condo Market Report October 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  It was good to see an increase in inventory, though it is still at historically low levels.  Activity remains quite strong.

The one month absorption rate for the October 2015, Jensen Beach Florida Market Report ZIP Code 34957 rose to 6  months (from 3.7 months in September), bringing this segment of the Martin County condo market back into a balanced one.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The October 2014 numbers were: 33 active listings, 14 pending sales and 3 condos closed.  Overall a slight improvement this year as compared to 2014.

Jensen Beach FL 34957 Condo Market Report October 2015

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report October 2015

Palm City FL 34990 Condo Market Report October 2015

11.17.15 by

Palm City FL 34990 Condo Market Report October 2015

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

 

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



There are currently 54 active condo listings. (Increased by 2 condos from September)

Palm City FL 34990 Condo Market Report October 2015

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

Palm City FL 34990 Condo Market Report October 2015

3 Condos Sold in October. (No change in sold condos from September)

Palm City FL 34990 Condo Market Report October 2015

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  A fairly slow market for sales, though pending sales and activity did rise for October.

The current absorption rate for condos in the 34990 zip code area increased to 18 months (was 17.3 months in October).   Even greater buyer’s market than last month. 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 October 2014 numbers were: 58 active listings, 9 pending sales and 3 closed sales.   Very similar activity as last year.
Palm City FL 34990 Condo Market Report October 2015

Search for Palm City Condos by Price:

Palm City Florida Real Estate presented by:
Gabe Sanders

 

Palm City FL 34990 Condo Market Report October 2015

Stuart Florida Market Report ZIP Code 34994 Residential October 2015

11.10.15 by

Stuart Florida Market Report ZIP Code 34994 Residential October 2015

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

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

There are currently 55 active listings (Dercreased by 2 homes from September)

Stuart Florida Market Report ZIP Code 34994 Residential October 2015

30 Residential sales are pending and awaiting close or lender approval (Increased by 2 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential October 2015

8 Homes Sold in September (Down by 4 homes from September)

Stuart Florida Market Report ZIP Code 34994 Residential October 2015

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida slid back a little for October as closed sales decreased.  Pending sales remain strong and I expect this segment of the Stuart real estate market to remain healthy for next year.

The one month absorption rate for the 34994 zip code for October decreased to 6.9 months from last months 4.8 months, seesawing back and forth for the past few months, now back into a buyers market.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The October 2014 numbers were 70 Active Listings, 36 pending sales and 8 closed sales.   Slightly better pending sales and an equal number of closed sales from last year, though there was greater inventory as well.

Stuart Florida Market Report ZIP Code 34994 Residential October 2015

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

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

 

Stuart Florida Market Report ZIP Code 34994 Residential October 2015

Springtree Stuart FL November 2015 Market Update

11.07.15 by

Springtree Stuart FL November 2015 Market Update

There is only 1 home currently available for sale in Springtree.  The list prices for this home is $269,900  which is $148.62 per sq. ft. of living area.

Currently, there are no homes under contract in Springtree.

8 Springtree homes have sold in the past 12 months.  Sales prices ranged from $212,000 to $267,000 for an average sales price of $237,812 which equals $141.12 per sq. ft. of living area.  Sales prices averaged 98% of list price and these homes took an average of 57 days to go under contract.

Springtree Entrance - Stuart Florida real Estate

Springtree is a beautiful small development just west of US 1 in Stuart, Florida. Conveniently located between Indian Street and Salerno Road, Springtree is close to shopping, restaurants, beaches and easy access to I-95 for commuters. This community is a wonderful family neighborhood and in the Martin County ‘A’ rated school district, with Pinewood Elementary, Stuart Middle and Martin County High.

Springtree - Stuart Florida Homes for Sale

Engle Homes completed this community between the years of 2000 and 2003. This is a gated community with a lighted lake and fountain as the centerpiece of the community.  Low HOA fees of approximately $120. month make this an affordable community.   Many homes boast wonderful private lakeside views. Springtree also has a number of preserve areas as well as a playground to keep the tots occupied.

Springtree - Homes for Sale in Stuart Florida

Search here for any available Springtree Homes for Sale

For additional Springtree community information the Homeowners Association has a website at this address:
http://springtreehoa.com/

For any questions you may have about Springtree Stuart FL November 2015 Market Update, 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

Springtree Stuart FL November 2015 Market Update

November 2015 Market Update Stuart West Palm City

11.06.15 by

 November 2015 Market Update Stuart West Palm City

There are currently 11 homes for sale in Stuart West.  List prices range from $$419,000 to 845,000 with an average asking price of $600,236 which is $190.00 per sq. ft. of living area.

There are 6 homes currently under contract. List prices for these homes range from $411,950 to $695,000 for an average list price of $561,141 or $150.44 per sq. ft. of living area.  These homes averaged 260 days on market before going under contract.

In the past 12 months, 12 homes have sold in Stuart West.  Sale prices ranged from $65,729 to $813,000 with the average sale price being $494,860 which equals a per sq. ft. of living area price of $148.22.  These homes sold for an average of 96% of list price and averaged 65 days on the market.

 Stuart West in Palm City FL

Stuart West is an upscale gated equestrian community located adjacent to the Stuart West and the Fox Club in western Palm City.  Just off the I-95 exit, Stuart West is an easy commute for those who work either south or north of Martin County, yet want to enjoy the superior amenities that Palm City has to offer.

Stuart West in Palm City FL

Stuart West resides on over 1,000 acres of pristine land with 249 home sites ranging from 2 to over 10 acres.  There are over 11 miles of waterways located throughout the community which makes for an idyllic setting for this family friendly equestrian community.

Stuart West in Palm City FL

Community amenities include a playground, community boat ramp to the C-23 canal, a 10-acre equestrian center, 24 hour manned security gate (shared with Cobblestone) and security patrols, and an underground cable and routing system for the best high-end internet connectivity.  All of this in Martin County’s ‘A’ rated school system.  And school bus service is provided inside the community.

Stuart West in Palm City FL

Currently, Stuart West’s children attend Citrus Grove Elementary, Hidden Oaks Middle and South Fork High Schools.

Home construction started in Stuart West in 1984 and continues to this day with approximately 52 vacant lots yet to be built upon.  Though many of these lots are being kept as pastures by the adjacent homeowners.   Home sizes range from 3 Bedroom, 2 Bath homes of around 2,000 sq. ft. of living area all the way to 7 Bedroom, 5 Bathroom estates with over 5,500 sq. ft. under air.  The HOA fee is a very reasonable $121 per month which covers security and all the amenities this wonderful community has to offer.

Stuart West in Palm City FL

More information about Stuart West can be found on their property owners’ website here.

 

Stuart West Homes for Sale

Search for Martin County Real Estate

Vacant Land for Sale in Stuart West

November 2015 Market Update Stuart West Palm City

Downtown Stuart Condo New Price

11.04.15 by

Downtown Stuart Condo New Price

The price for this condo in the Royal Oak Towers of Stuart FL has been adjusted to $119,500.  Please call the Gabe Sanders BlueWater realty team to schedule an appointment to see this updated condo sooner than later or it might be gone.

Downtown Stuart Condo New Price in Downtown Stuart FL Downtown Stuart Condo New Price in Downtown Stuart FL

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.

Downtown Stuart Condo New Price in Downtown Stuart FL Downtown Stuart Condo New Price in Downtown Stuart FL

Downtown Stuart Condo New Price in Downtown Stuart FL Downtown Stuart Condo New Price in Downtown Stuart FL

Search for Another Royal Oak Towers Condos for Sale

Search the Martin County MLS

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