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 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.

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 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 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.

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

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 Gabe Sanders

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 Gabe Sanders

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)

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

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

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.

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 Gabe Sanders

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)

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

4 Condos Sold (Decreased by 2 condos from September)

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 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 Gabe Sanders

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)

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

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

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 Gabe Sanders

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)

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

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

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.

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

Residential Properties

Stuart Florida Market Report ZIP Code 34994 Residential October 2015

Springtree Stuart FL November 2015 Market Update

11.07.15 by Gabe Sanders

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 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.

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.

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 Gabe Sanders

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 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 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.

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.

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.

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

Stuart West Homes for Sale

Vacant Land for Sale in Stuart West

November 2015 Market Update Stuart West Palm City

Downtown Stuart Condo New Price

11.04.15 by Gabe Sanders

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.

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

November 2015 Events for Martin County

11.01.15 by Gabe Sanders

November 2015 Events for Martin County

Lots to do with something for just about every taste in Martin County for November. Here are the highlights:

13th Annual Mutt March

Start Date/Time: 11/7/15 (8:30 AM)

End Date/Time: 11/7/15 (12:00 PM)

Location: Memorial Park

Address: 300 SE Ocean Blvd & Georgia Ave

Description: What: A walk to support the animals at the Humane Society of the Treasure Coast

Who: Anyone! With or without your dog!

Where: Memorial Park in Stuart, FL

Why: To have fun with your furry friends, meet new ones & support a great cause!

http://www.hstcmuttmarch.org/

2015 Antique Show

Start Date/Time: 11/26/2015 (9:00 AM)

End Date/Time: 11/26/2015 (5:00 PM)

Location: Martin County Fairgrounds

Address: 2616 SE Dixie Hwy

Description: The Stuart Antiques Show has lots of fun and “antiquing” going on, with over 100+ dealers, come and join us for a great antique & collectibles show! Features antique dealers selling all antiques and old collectibles. All price ranges and something for everyone.

http://www.floridaantiqueshows.com/Our-Shows

2015 Fall Stuart Stroll

Start Date/Time: 11/12/15 (5:00 PM)

End Date/Time: 11/12/15 (9:00 PM)

Location: Downtown Stuart

Description:

A giant open house walking tour of the great shops and restaurants of the Historic downtown with live music, free snacks and more fun.

$10.00 Advanced Tickets/$15.00 Day of Event

http://www.historicdowntownstuart.com/

2015 Stuart Green Market

Start Date/Time: 2/22/2015 (9:00 am)

End Date/Time: 12/27/2015 (1:00 pm)

Location: Downtown Stuart

Description:

Located in Stuart Florida’s downtown center. Featuring top quality fresh produce, cut flowers (seasonal), honey, freshly-baked breads and pastries, hot sauces, handcrafted soaps and lotions, grass fed/local beef, poultry, and eggs, goat milk and cheeses, organic spice blends, artisan crafts and handmade jewelry, as well as a myriad of freshly prepared gourmet foods for breakfast and lunch – the Stuart Green Market is the area’s premier destination for the finest local goods our community has to offer. Come by to see what is offered this season, and meet our friendly market vendors! We operate year round, rain or shine, bringing you the finest locally made foods, crafts, arts, and entertainment our community has to offer!

We are open every Sunday all year round, rain or shine, from 9:00 a.m. to 1:00 p.m.

http://www.stuartgreenmarket.org/pages/themarket.html

All Hands on Deck

Start Date/Time: 11/14/15 (6:00 PM)

End Date/Time: 11/14/15 (10:00 PM)

Location: US Sailing Center of Martin County

Address: 1955 NE Indian River Dr.

Description:

This beer and wine social is targeting to raise the funds to purchase 4 new 420 sailboats each year. “The US Sailing Center – Martin County (USSCMC) is committed to broadening the base of the sport of sailing through dedicated, affordable community sailing programs for youth and adults, and providing support for the development of future champions and Olympic racers.”

Call the Sailing Center office to purchase your party tickets

http://www.usscmc.org/

Art in the Park Stuart Fine Art & Craft Show

Start Date/Time: 11/28/2015 (9:00 AM)

End Date/Time: 11/29/2015 (4:00 PM)

Location: Memorial Park

Address: 300 SE Ocean Blvd.

Description: Join us at the 21st Annual Fine Art and Quality Crafts show where talented artisans and craftsmen will showcase and sell their original and unique works of art and handmade creations. Situated lakeside along the meandering paths of the beautiful Memorial Park in downtown Stuart, this show will attract a large number of art & craft show goers ready to buy.

http://huffspromo.com/pdf/ArtInThePark2014app.pdf

Beach to Bar 5K sponsored by Cystic Fibrosis Foundation

Start Date/Time: 11/28/2015 (3:00 PM)

End Date/Time: 11/28/2015 (5:00 PM)

Location: Stuart Beach

Address: 889 NE Ocean Blvd

Description: This fun tradition takes place in Stuart each November to support the great work of a dedicated non-profit, the Cystic Fibrosis Foundation. Runners get on their marks, get set for an awesome evening and go for the gold at the Beach to Bar 5k.

The 5th Annual Beach to Bar 5k will be held on Saturday, November 28, 2015 and promises an evening of excitement for all ages and levels of fitness. Bringing a novel twist to a traditional run, Beach to Bar will offer a challenging route, entertainment, and a post-race celebration like no other held at Carson’s Tavern.

Chrysanthemum Ball

Start Date/Time: 11/14/5 (6:30 PM)

End Date/Time: 11/14/15 (10:00 PM)

Location: Martin Hospital South

Address: 2100 SE Salerno Road

Description:

Each year, 500 patrons and guests launch the Treasure Coast’s social season by dancing the night away at this glittering gala. The Chrysanthemum Ball has earned a reputation for providing high-quality entertainment, fine cuisine and an energetic atmosphere in truly extraordinary surroundings.

CURATORS & COCKTAILS

Start Date/Time: 11/17/15 (5:30 pm)

End Date/Time: 11/17/15 (7:30 pm)

Location: Elliott Museum,

Address: 825 NE Ocean Boulevard, Stuart

Description: Curators & Cocktails event – vintage cars, signature cocktails, tasty hors d’oeuvres, presentation by Elliott Museum Associate Car Curator John Giltinan. $30 per person. Seating is limited.

Event Contact: 772-225-1961.

Dance for Food presented by Artists for a Cause

Start Date/Time: 11/16/15 (4:00 PM)

End Date/Time: 11/16/15 (6:00 PM)

Location: Martin County High School

Address: 2801 S Kanner Hwy

Description:

Dance for Food is a program designed to bring dancers and audiences together to collect food for the hungry. Artistically directed by Anna Preston, the annual Dance for Food events convenes many of Florida’s finest contemporary dancers to showcase their talents to an audience whose only admission fee is a bag of unexpired, nonperishable goods.

Admission: A bag of unexpired nonperishable goods

http://www.a4ac.org/Dance-for-Food-1.html

Festival of Lights to benefit Tykes & Teens

Start Date/Time: 11/16/15 (11:00 AM)

End Date/Time: 11/21/2015 (6:00 PM)

Address: 201 SW Flagler Ave.

Description: Flagler Place in downtown Stuart will become a Florida Winter Wonderland for the 8th Annual Tykes & Teens Festival of Trees and Lights. This week long fundraiser will kick off the holiday season in style. Events include a Ladies Afternoon Tea and Tiny Tot Holiday Fashion Show, an elegant VIP party and tree auction, free breakfast and photos with Santa, and much more.

Fine Arts Show presented by the Jensen Beach Art League

Start Date/Time: 11/8/15 (10:00 Am)

End Date/Time: 4/10/16 (4:00 PM)

Location: Indian RiverSide Park

Address: 1707 NE Indian River Drive

Description:

The Jensen Beach Art League is a 501C3 Non-Profit Organization supporting local arts in the community. You are invited to enjoy their monthly Art Sale and Exhibit is located at the Indian RiverSide Park along the beautiful Indian River Drive in Jensen Beach.

November 8, 2015
December 13, 2015
January 10, 2016
February 14, 2016
March 13, 2016
April 10, 2016

http://jensenbeachartleague.yolasite.com/

Jensen Beach Pineapple Festival

Start Date/Time: 11/13/15 (6:00 PM)

End Date/Time: 11/15/15 (6:00 PM)

Address: 1960 NE Jensen Beach Blvd

Description: In honor of being named the “Pineapple Capitol of the World,” a three day music festival is held in the streets of Downtown Jensen Beach. Featuring an authentic Bahamian market, midway rides, crafts, and three stages with various performers. The market and “Junkanoo Parade” is even ran by an actual delegation from the Bahamas island of Eleuthera. The headliners feature a unique mix of rock, reggae, and country, they include Chase Bryant, Big Smo, and The Brilanders. Many packages and weekend promotions are available for this event. This is a great celebration for any age to participate in!

Luau for the Lagoon

Start Date/Time: 11/6/15 (7:00 PM)

End Date/Time: 11/6/15 (10:00 PM)

Address: 890 NE Ocean Blvd.

Description:

Hula for a cause on Friday, November 6 from 7-10pm at the Coastal Center (890 NE Ocean Blvd., Stuart). Enjoy Live Music, Hula Dancing, Fire Spinning and more – all in support of the Indian River Lagoon and local waterways!

Luckily this year, Mark Perry, Executive Director, will “Pardon the Pig!” The traditional Hawaiian pig roast will be replaced by a tropical array of pulled pork, chicken and delectable sides from Bono’s BBQ & Grill.

Get up and dance or sit and enjoy a live performance by Cody and the Qualified!

After dinner, sparks will fly as Sean Perry performs his famous fire spinning routine, followed by authentic Polynesian dancing with Tiva Sievinen.

Tickets:
$65 for the General Public
$55 for Members and Volunteers

Please RSVP by Monday, November 2

Event Contact: Florida Oceanographic Society

http://www.floridaocean.org/

Stuart Seafood Festival

Start Date/Time: 11/21/2015 (10:00 AM)

End Date/Time: 11/22/2015 (7:00 PM)

Location: Memorial Park

Address: 300 SE Ocean Blvd.

Description: Put on some comfortable walking shoes and make sure you are hungry because here comes two full days of action packed fun and delicious food! An inexpensive festival, admission to this event is $5 in advance and $7 at the gate; proceeds will benefit the Rivers Coalition, a non-profit organization striving to stop discharges from Lake Okeechobee into the St. Lucie River. This one of a kind festival will feature around the delicious fresh seafood of the Treasure Coast. There will be live entertainment, the headliners being the Moska Project and Fresh Catch. These are two local bands that you don’t want to miss! If you plan on bringing children take them on one of the exciting family rides! Are you a collector or just enjoy the sea? Nautical vendors will be set up throughout the park showcasing art, jewelry, clothing, and other coastal related crafts.

http://www.stuartseafoodfestival.com/

Martin County September 2015 Market Report

10.30.15 by Gabe Sanders

Martin County September 2015 Market Report

“Florida Realtors® reports a remarkable jump in Martin County’s average home price for the month of September to $437,996, up 40% from the previous year. This surge in pricing can be attributed to the incredible increase in the number of properties that sold for over a million dollars; there were 14 to be exact, which is a 366% increase year-over-year. While our overall pace of sales remained typical for this time of year, our median days on market decreased 43%, leaving us with only a 4.5 months’ supply of inventory. Prospective buyers and sellers may ask, will these trends continue? Only time will tell, but snowfall has already been recorded up North, and local REALTORS® agree that nothing could be more beneficial to Martin County real estate sales than another brutal, northern winter. So, if you’re buying or selling, be sure to enlist one of your local real estate professionals,” said John Slivon, Treasurer of the Realtors® Association of the Palm Beaches (RAPB).

Martin County September 2015 Market Report

September 2015 Monthly Market Detail Martin County Townhouses and Condos

10.27.15 by Gabe Sanders

September 2015 Monthly Market Detail Martin County Townhouses and Condos

September 2015 Monthly Market Detail Martin County Townhouses and Condos had a another slow month as compared to last year (as well as previous months). Year to year closed sales were down by 13.6% (was down by 14.4% in August) and new sales under contract (new pending sales) were down by 17.4% from September 2014 (decreased by 17.5% in August).

The median sales price was up by 13.7% (was up by 33.2% in August) while the average sales price increased by 10.2% (was up by 22% in August) as compared to September of 2014. Prices continue to go up as volume decreases, though at a reduced rate from last month.

The inventory of available townhouses and condos has increased by 5 units to 342 properties from last month, this is 33.5% less inventory than was available in September of 2014. For September there was a 3.1 month supply of inventory (a 37.1% decrease from last year). Continuing as a very strong sellers market for townhouses and condos in Martin County. We are heading into the slower season for condo sales and I expect to see a little more weakening here until after the holidays.

Click here to view or download the full report:
September 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.

September 2015 Monthly Market Detail Martin County Townhouses and Condos

September 2015 Monthly Market Detail Martin County Single Family Homes

10.26.15 by Gabe Sanders

September 2015 Monthly Market Detail Martin County Single Family Homes

The September 2015 Monthly Market Detail Martin County Single Family Homes showed a second month of continued weakness when compared to last year for volume of sales. Year to year closed sales were down by .5% (was down 8% in August). New pending sales decreased by 6.6% as compared to September of 2014 (decreased by 2.4% in August).

The median sales price was up by 7.1% from last year (up by 9.6% in August) while the average price increased by 40.5% (was up by 10% last month). The lack of inventory is driving down the volume of sales while at the same time exerting tremendous upwards pressure on prices..

The inventory of available single family homes increased from last month by 54 homes to 1057 units this month, and this is still a 14% decrease from last September. Current supply of homes is 4.5 months, for August of this year it was a 4.3 months supply. (This is a 24.7% decrease from last year). The Martin County single family real estate market remains a strong sellers market. We are approaching our slower selling season for the upcoming holidays. I am hoping to see the sales volume start increasing again as we seem to be slowly having some additional inventory additions.

Click here to view or download the full report:
September 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.

September 2015 Monthly Market Detail Martin County Single Family Homes

Another Royal Oak Towers Condo Just Listed

10.21.15 by Gabe Sanders

Another Royal Oak Towers Condo Just Listed

This condo in the Royal Oak Towers of Stuart FL is now available for sale from the Gabe Sanders BlueWater realty team. Offered for $117,500.

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.

Another Royal Oak Towers Condo Just Listed

Hobe Sound FL 33455 Condo Market Report September 2015

10.20.15 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report September 2015

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

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

There are currently 2 active condo listings. (Unchanged from August)

4 Condos are pending and awaiting close. (Down by 3 condos from August)

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

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. We remain with only 2 active listings in the Hobe Sound. It’s pretty incredible that there is as much activity as there is.

The current absorption rate is 1 months (Last month it was .67 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 September 2014 numbers were: 19 active listings, 1 pending sales and 2 closed sales. Considering there are only 2 active listings this year 1/9th of what was available last year and we still have similar activity is pretty amazing.

Search Hobe Sound Condominium Properties by Price

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report September 2015

Royal Oak Towers Condo in Downtown Stuart Under Contract

10.20.15 by Gabe Sanders

Royal Oak Towers Condo in Downtown Stuart Under Contract

Royal Oak Towers condo unit A-3 in downtown Stuart FL is now under contract. This condo was offered for sale for $115,900. But, don’t worry, we have another one coming on the market tomorrow.

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.

Royal Oak Towers Condo in Downtown Stuart Under Contract

Jensen Beach FL 34957 Condo Market Report September 2015

10.18.15 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report September 2015

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

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

There are currently 22 active listings. (Decreased by 6 condos from August)

12 Condo sales are pending and awaiting settlement. (Down by 1 condo from August)

6 Condos Sold (Increased by 1 condos from August)

The Jensen Beach FL 34957 Condo Market Report September 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic. Activity remains remarkably strong in Jensen Beach condos even though the inventory is now very, very low. As we head into the slower months (historically), I’m hoping to see some more product come on the market.

The one month absorption rate for the September 2015, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.7 months (from 4.4 months in August), even a stronger sellers’ market than last month. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The September 2014 numbers were: 34 active listings, 8 pending sales and 10 condos closed. Better closed numbers from last year, though pending sales are better this year.

Jensen Beach Condominium Properties by Price

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report September 2015

Open House Royal Oaks Tower Condo in Downtown Stuart

10.18.15 by Gabe Sanders

Open House Royal Oaks Tower Condo in Downtown Stuart

Fantastic downtown Stuart location in the Royal Oak Towers of Stuart FL will be held open by Beverly Bray of the Gabe Sanders BlueWater Realty Team on Tuesday October 20, from 10 a.m. till noon. Refreshments will be provided. This condo is offered for sale for $115,900.

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.

Open House Royal Oaks Tower Condo in Downtown Stuart

Palm City FL 34990 Condo Market Report September 2015

10.16.15 by Gabe Sanders

Palm City FL 34990 Condo Market Report September 2015

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

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

There are currently 52 active condo listings. (No change in active condos from August)

8 Condo sales are pending and awaiting close or lender approval. (No change in pending condos from last month)

3 Condos Sold in September. (Down by 1 condos from August)

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. Very little change month to month for the Palm City condo market. One less sale and everything else remained unchanged.

The current absorption rate for condos in the 34990 zip code area jumped to 17.3 months (was 13 months in September). 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 September 2014 numbers were: 60 active listings, 4 pending sales and 0 closed sales. Better activity this year for condos in Palm City.

Palm City FL 34990 Condo Market Report September 2015

Search for Palm City Condos by Price:

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report September 2015

Stuart Florida Market Report ZIP Code 34994 Residential September 2015

10.09.15 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34994 Residential September 2015

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

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

There are currently 57 active listings (Increased by 5 homes from August)

28 Residential sales are pending and awaiting close or lender approval (Increased by 7 homes from last month).

12 Homes Sold in August (Up by 3 homes from August)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida improved from last month. All tracked market activities increased for September. It’s good to see an increase in inventory. Hopefully this will continue.

The one month absorption rate for the 34994 zip code for September decreased to 4.8 months from last months 5.8 months, 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 September 2014 numbers were 62 Active Listings, 40 pending sales and 20 closed sales. Better activity last year, but also with greater inventory.

Search here for Stuart Florida Real Estate for Sale

772-763-8506

November 2015 Market Report for Legacy Cove in Stuart Florida

November 2015 Market Report for Legacy Cove in Stuart Florida

Martin County Third Quarter 2015 Market Report

Martin County Third Quarter 2015 Market Report

Hobe Sound FL 33455 Condo Market Report October 2015

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

Search Hobe Sound Condominium Properties by Price

Hobe Sound FL 33455 Condo Market Report October 2015

Jensen Beach FL 34957 Condo Market Report October 2015

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

Jensen Beach Condominium Properties by Price

Jensen Beach FL 34957 Condo Market Report October 2015

Palm City FL 34990 Condo Market Report October 2015

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

Search for Palm City Condos by Price:

Palm City FL 34990 Condo Market Report October 2015

Stuart Florida Market Report ZIP Code 34994 Residential October 2015

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

Stuart, FL Real Estate

Rental Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

Springtree Stuart FL November 2015 Market Update

Springtree Stuart FL November 2015 Market Update

November 2015 Market Update Stuart West Palm City

November 2015 Market Update Stuart West Palm City

Downtown Stuart Condo New Price

Downtown Stuart Condo New Price

November 2015 Events for Martin County

Martin County September 2015 Market Report

Martin County September 2015 Market Report

September 2015 Monthly Market Detail Martin County Townhouses and Condos

September 2015 Monthly Market Detail Martin County Townhouses and Condos

September 2015 Monthly Market Detail Martin County Single Family Homes

September 2015 Monthly Market Detail Martin County Single Family Homes

Another Royal Oak Towers Condo Just Listed

Another Royal Oak Towers Condo Just Listed

Hobe Sound FL 33455 Condo Market Report September 2015

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

Search Hobe Sound Condominium Properties by Price

Hobe Sound FL 33455 Condo Market Report September 2015

Royal Oak Towers Condo in Downtown Stuart Under Contract

Royal Oak Towers Condo in Downtown Stuart Under Contract

Jensen Beach FL 34957 Condo Market Report September 2015

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

Jensen Beach Condominium Properties by Price

Jensen Beach FL 34957 Condo Market Report September 2015

Open House Royal Oaks Tower Condo in Downtown Stuart

Open House Royal Oaks Tower Condo in Downtown Stuart

Palm City FL 34990 Condo Market Report September 2015

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

Search for Palm City Condos by Price:

Palm City FL 34990 Condo Market Report September 2015

Stuart Florida Market Report ZIP Code 34994 Residential September 2015

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

Stuart, FL Real Estate

Rental Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

FIND ANYTHING ON OUR SITE

Selected Properties

Recent Posts

Easy Searches

View Local Condos For Sale

View Neighborhoods