Westwood Country Estates Palm City March 2015 Market Update

Westwood Country Estates Palm City March 2015 Market Update

As of March 2015, there is only 1 home on the market in Westwood Country Estates in Palm City, FL.  The list price is $379,900 which equals $173.00 per sq. ft. of living area.

There are no homes currently under contract (pending sales)

There have been 2 homes sold in the past 12 months in Westwood Country estates.  Sales prices were $380,000 and $415,000 for an average of $170.88 per sq. ft. of living area.  These sales averaged 96% of the list price.

None of the real estate activity in Westwood Country Estates was in a distressed situation.

Westwood Country Estates Palm City March 2015 Market Update Florida

 Westwood Country Estates in Palm City, FL  is a wide open, gorgeous community that features statuesque homes that are beautifully placed on oversized lots of ½ acre or more, that will give you and your family plenty of room to grow!  Wonderfully landscaped throughout, Westwood Country Estates will make you feel proud to come home to.  Every home is unique and there is sure to be one you will fall in love with!

Palm City is a great place to raise a family with its “A” rated schools and proximity to I-95 and Florida’s Turnpike which opens you to all the opportunities of both Martin County and it’s neighbors, just a short drive North or South!  Martin County has lots of recreational areas and opportunities to enjoy many opportunities outdoors with your family!

Westwood Country Estates Homes for Sale

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Westwood Country Estates Palm City March 2015 Market Update

Cobblestone Country Club March 2015 Market Update

Cobblestone Country Club March 2015 Market Update

There are currently 7 homes for sale in the Cobblestone Country Club of palm City, FL.  List prices range from $350,000 to 749,900. The average list price equals $575,085 which is $158.50 per sq. ft. of living area.  No distressed sales in these  listings.

2 Homes are under contract and awaiting sale.  List prices were $474,900 and 574,900 for an average of $524,900 which equals $142.20 per sq. ft. of living area.   Both of these are conventional sales.

In the past 12 months, 16 homes have sold in the Cobblestone Country Club.  Sale prices ranged from $320,400 to $515,000 and the average sale price equaled $428,393 or $134.90 per sq. ft. of living area at a list to sales ratio of 93%.  These sales included 3 bank owned foreclosure sales and there were no short sales.

 

Cobblestone Country Club

Cobblestone Country Club March 2015 Market Update

Located just west of the center of Palm City, Cobblestone Country Club is a peaceful neighborhood of 512 acres with only 238 residences providing generous amounts of space around each home. This upscale community is adjacent to exit 110 on I-95 with easy access to all that Palm Beach County to the South and Orlando to the North, has to offer while enjoying the laid back low growth lifestyle, lower taxes and superior school systems that Martin County offers. Residents enjoy coming home to picturesque views of lakes, preserves and the 18-hole private Fox Golf Course in the Cobblestone Country Club. Homes in Cobblestone consist of new custom built homes and a selection of quality newer resales. 

Cobblestone Country Club March 2015 Market Update

Cobblestone Country Club March 2015 Market Update

Cobblestone Country Club Homes for Sale

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Cobblestone Country Club March 2015 Market Update

Hobe Sound FL 33455 Condo Market Report February 2015

Hobe Sound FL 33455 Condo Market Report February 2015

 

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

 

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

 

There are currently 19 active condo listings. (Up by 2 condos from January)

Hobe Sound FL 33455 Condo Market Report February 2015

5 Condo sale is pending and awaiting close. (Up by 2 condos from January)

Hobe Sound FL 33455 Condo Market Report February 2015

3 Condos sold in January (Unchanged from January)

Hobe Sound FL 33455 Condo Market Report February 2015

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory rose for February for the third month in a row.  A welcome sight.   Pending sales also rose while closed sales remained unchanged.

The current absorption rate is 6.3 months (Last month it was 5.7 months). The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that February not indicate 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 February 2014 numbers were: 23 active listings, 3 pending sales and 3 closed sales.  Similar activity to last year.

Hobe Sound FL 33455 Condo Market Report February 2015

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Hobe Sound FL 33455 Condo Market Report February 2015

 

Jensen Beach FL 34957 Condo Market Report February 2015

Jensen Beach FL 34957 Condo Market Report February 2015

 

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

 

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



There are currently 40 active listings. (Unchanged from January)

Jensen Beach FL 34957 Condo Market Report February 2015

14 Condo sales are pending and awaiting settlement. (Decreased by 5 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2015

9 Condos Sold (No change from January)

Jensen Beach FL 34957 Condo Market Report February 2015

 The Jensen Beach FL 34957 Condo Market Report February 2015 remains a small sector as far as condos in Martin County.  Market activity for February remained almost identical to January with the exception of a decrease in pending sales, which may negatively effect closed sales in the coming months.

The one month absorption rate for the February 2015, Jensen Beach Florida Market Report ZIP Code 34957 remained unchanged at 4.4 months (also 4.4 months in January).  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The February 2014 numbers were: 27 active listings, 20 pending sales and 6 condos closed.  Better activity this year, but also increased inventory, though still very low.

Jensen Beach FL 34957 Condo Market Report February 2015

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Jensen Beach FL 34957 Condo Market Report February 2015

Palm City FL 34990 Condo Market Report February 2015

Palm City FL 34990 Condo Market Report February 2015

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

 

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



There are currently 54 active condo listings. (Down by 5 condos from January)

Palm City FL 34990 Condo Market Report February 2015

13 Condo sales are pending and awaiting close or lender approval. (Increased by 1 condo from last month)

Palm City FL 34990 Condo Market Report February 2015

4 Condos Sold in February. (Up by 1 condo from January)

Palm City FL 34990 Condo Market Report February 2015

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Sales for Palm City condos were up slightly for February, as were pending sales.  Our active inventory is currently less than last year’s.

The current absorption rate for condos in the 34990 zip code area is 13.5 months (was 19.7 months in August).   An improvement from last month, but still have a ways to go for a balanced market.  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 February 2013 numbers were: 63 active listings, 6 pending sales and 6 closed sales.   Better activity last year, though only slightly and there was greater inventory.
 Palm City FL 34990 Condo Market Report February 2015

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Palm City FL 34990 Condo Market Report February 2015

Stuart Florida Market Report ZIP Code 34994 Residential February 2015

Stuart Florida Market Report ZIP Code 34994 Residential February 2015

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

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

There are currently 89 active listings (Increased by 4 homes from January)

Stuart Florida Market Report ZIP Code 34994 Residential February 2015

33 Residential sales are pending and awaiting close or lender approval (Decreased by 4 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential February 2015

11 Homes Sold in January (Up by 2 homes from January)

Stuart Florida Market Report ZIP Code 34994 Residential February 2015

The 34994 ZIP code area of the Stuart, Florida had a small increase in inventory for February 2015.  Closed sales were up slightly while pending sales decreased, though they are still fairly strong.

The one month absorption rate for the 34994 zip code for February decreased to 8.1 months from last months 9.9 months, still a buyers market for February.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The February 2013 numbers were 77 Active Listings, 34 pending sales and 9 closed sales.  A little better sold activity for this year, but this comes with increased inventory as compared to last year.  Overall, a bit sluggish market for the start of 2015, but it appears to be getting a little momentum.

Stuart Florida Market Report ZIP Code 34994 Residential February 2015

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Stuart Florida Market Report ZIP Code 34994 Residential February 2015

January 2015 Monthly Market Detail Martin County Townhouses and Condos

January 2015 Monthly Market Detail Martin County Townhouses and Condos

January 2015 Monthly Market Detail Martin County Townhouses and Condos began the year as it ended 2014 with continued strong activity . Year to year closed sales were up by 23.6% (was up by 31.3% in December) as well as new sales under contract (new pending sales) increased by 19% from January 2014 (was up by 10.8% in December).

The median sales price was up by 7.5% (was down by 18.2% in December) while the average sales price dropped by 2.2% (was down by 13.6% in December) as compared to January of 2014.  The rate of price increases seem to have stalled somewhat for townhouses and condos the past few months.

The inventory of available townhouses and condos has increased by 5 units to 514 properties from last month, though this is still 20.9% less inventory than was available in January of 2014.  For January there was a 4.7 month supply of inventory (a 24.1% decrease from last year).  A strong sellers market for townhouses and condos in Martin County for January 2015.

Martin County Townhouses and Condos

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January 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.

January 2015 Monthly Market Detail Martin County Townhouses and Condos

January 2015 Monthly Market Detail Martin County Single Family Homes

January 2015 Monthly Market Detail Martin County Single Family Homes

The January 2015 Monthly Market Detail Martin County Single Family Homes began the year with some very strong activity, bucking the trend for much of the rest of the State.  Year to year closed sales was up by 18.8% (was down 8.6% in December). New pending sales increased by 44.3% as compared to January of 2014 (increased by 13.7% in December).

The median sales price was down by 2.1% from last year (down by 5.9% in December) while the average price increased by an impressive 31% (was up by 29% last month).  Two months in a row of impressive average price increases while median prices decreased.  An indication of some higher priced sales.

The inventory of available single family homes increased from December 2014 by 28 homes to 1,1313 units this month, and is a 3.7% increase from last January.  Current supply of inventory remained at 6.2 months. (a 6.8% decrease from last year). Martin County single family home sales remain in a balanced market favoring neither the buyer nor seller.  Activity was very robust for a January, when typically sales are slightly off.

Martin County Single Family Homes

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January 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.

January 2015 Monthly Market Detail Martin County Single Family Homes

Hobe Sound FL 33455 Condo Market Report January 2015

Hobe Sound FL 33455 Condo Market Report January 2015

 

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

 

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

 

There are currently 17 active condo listings. (Up by 4 condos from December)

Hobe Sound FL 33455 Condo Market Report January 2015

3 Condo sale is pending and awaiting close. (Down by 3 condos from December)

 Hobe Sound FL 33455 Condo Market Report January 2015

3 Condos sold in December (Decreased by 2 condos from December)

Hobe Sound FL 33455 Condo Market Report January 2015

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory rose for January for the second month in a row.  A welcome sight.   While closed and pending sales decreased from last month, this is still a very active segment of the Martin County real estate market.

The current absorption rate is 5.7 months (Last month it was 2.6 months). The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that January not indicate 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 January 2014 numbers were: 22 active listings, 4 pending sales and 1 closed sales.  For the past three months, even with such limited inventory, the Hobe Sound condo market has performed much better than last year.

Hobe Sound FL 33455 Condo Market Report January 2015

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Hobe Sound FL 33455 Condo Market Report January 2015

 

Jensen Beach FL 34957 Condo Market Report January 2015

Jensen Beach FL 34957 Condo Market Report January 2015

 

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

 

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



There are currently 40 active listings. (Down by 4 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2015

19 Condo sales are pending and awaiting settlement. (Increased by 4 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2015

9 Condos Sold (Up by 5 condo from December)

Jensen Beach FL 34957 Condo Market Report January 2015

 The Jensen Beach FL 34957 Condo Market Report January 2015 remains a small sector as far as condos in Martin County.  Inventory decreased for the first of the year after a couple of months of small gains, but this may be due to the great activity in this segment of the market with both pending and closed sales up for the month.

The one month absorption rate for the January 2015, Jensen Beach Florida Market Report ZIP Code 34957 declined to 4.4 months (8.8 months in December), a big jump into a sellers market to start off 2015.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The January 2014 numbers were: 35 active listings, 19 pending sales and 4 condos closed.  Better closed numbers for this year and we have a bit higher inventory.

Jensen Beach FL 34957 Condo Market Report January 2015

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Jensen Beach FL 34957 Condo Market Report January 2015

North River Shores February 2015 Market Update

North River Shores February 2015 Market Update

The North River Shores February 2015 Market Update for Stuart Florida:

There are currently 17 active listings in North River Shores.  List prices range from $120,000 to $2,595,000.  The average list price is $637,129 based on $237.44 per square foot of living area.  There is one foreclosure and one short sale in this set of listings.

4 homes are under contract (pending sales). List prices range from $98,000 to $475,000 for an average of  $267,450 which equates to a $117.61 price per sq. ft. of living area.  One of these pending sales is a short sale.

In the past 12 months, 16 homes have sold in North River Shores at an average sales price of $411,562 at $182.81 per square foot of living area. Sales prices ranged from $142,00 to $800,000 and averaged 96% of list price.  There were 2 foreclosures and one short sale in this set of sold homes.

North River Shores

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

 North River Shores

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


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

North River Shores

 
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Stuart Florida Real Estate

North River Shores February 2015 Market Update

Palm City FL 34990 Condo Market Report January 2015

Palm City FL 34990 Condo Market Report January 2015

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

 

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



There are currently 59 active condo listings. (Down 2 condos from December)

Palm City FL 34990 Condo Market Report January 2015

12 Condo sales are pending and awaiting close or lender approval. (Increased by 6 condos from last month)

Palm City FL 34990 Condo Market Report January 2015

3 Condos Sold in January. (Down by 3 condos from December)

Palm City FL 34990 Condo Market Report January 2015

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Sales for Palm City condos were off for January, but pending sales were up which is a positive sign for coming months.  Our active inventory is now almost identical to last year.

The current absorption rate for condos in the 34990 zip code area is 19.7 months (was 10.2 months in August).   Unfortunate drop for the first month of 2015.  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 January 2013 numbers were: 58 active listings, 5 pending sales and 2 closed sales.   Even though activity is off from last month, it’s still a better market than we had last year.
 Palm City FL 34990 Condo Market Report January 2015

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Palm City FL 34990 Condo Market Report January 2015

Martin County School District Ranked Number One in Florida

Martin County School District Ranked Number One in Florida

martin county schools

The Martin County School district was ranked the number one school district in the State of Florida by the 2015 Niche Rankings. According to their web site, Niche is helping to transform the way people make big decisions by providing reviews and insights from everyday experts to help choose neighborhoods and K to 12 grade schools. Niche was founded in 2002 by Carnegie Mellon University students as CollegeProwler.com. Since then, Niche has grown into one of the largest content startups in the country.

For this school report, Niche K-12 looked at more than 120,000 K-12 schools. Millions of reviews and rankings were evaluated across schools and districts in Florida and Martin County K-12 schools were rated as number 1 in the state.

You can see the Florida rankings here: https://k12.niche.com/rankings/public-school-districts/best-overall/s/florida/ .

According to Niche, a high overall ranking indicates that:

  • Students are very happy with their experience in all aspects including academics, teachers, health, safety, resources, facilities, extracurriculars, sports, and fitness;
  • District schools are exceptional academic institutions in terms of teachers, students, resources for learning, and student outcomes;
  • District schools are made up of a diverse population and fosters an accepting, positive school culture;
  • Students are actively involved in a variety of extracurriculars and sports the district offers.

Congrats to the teachers, parents and students of the Martin County School District for this achievement.

Martin County School District Ranked Number One in Florida

February 2015 Market Update for Hunters Creek in Palm City FL

February 2015 Market Update for Hunters Creek in Palm City FL

Currently in February, there is 1 home on the market in Hunters Creek in Palm City, FL.  This home is a 4 BR home listed at $279,900 which is equal to $133.41 per sq. ft. of living area.

There are no homes currently under contract (pending sales)

There have been 6 homes sold in the past 12 months in Hunters Creek.  Sales prices were from $272,500 to $349,900 for an average sale price of $305,816 which equals $130.93 per sq. ft. of living area and 95% list to sales price.  There was one short sale in this set of sold homes.

Hunters Creek in Palm City FL is a gated community of 68 homes located off of Mapp Road just north of the Oak Ridge subdivision and across the road from Harbour Pointe.

Hunters Creek in Palm City FL

Homes in Hunters Creek were first completed in 1990 and the last home was built in 2001. There are no more vacant lots left to be built as this community is fully matured and built out. All homes are custom built and range in sizes from over 3,800 sq. ft. of living area to just under 1,700. From 5 bedroom pool homes on over a ½ acre of land down to 3 bedroom homes on just over a quarter of an acre.

HOA fees are a very reasonable at under $100 per month. This covers the common areas and security gate along with basic cable TV.

Hunters Creek in Palm City FLHunters Creek is very conveniently located near the Palm Cove Golf Club as well as quick access to Florida’s Turnpike and I-95. Also, just a few minutes away from the Palm City Bridge with access to downtown StuartJensen Beach and the beaches of the Atlantic Ocean on Hutchinson Island.

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February 2015 Market Update for Hunters Creek in Palm City FL

Stuart Florida Market Report ZIP Code 34994 Residential January 2015

Stuart Florida Market Report ZIP Code 34994 Residential January 2015

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

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

There are currently 85 active listings (Down by 4 homes from December)

Stuart Florida Market Report ZIP Code 34994 Residential January 2015

37 Residential sales are pending and awaiting close or lender approval (Increased by 13 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential January 2015

9 Homes Sold in December (Down by 3 homes from December)

Stuart Florida Market Report ZIP Code 34994 Residential January 2015

The 34994 ZIP code area of the Stuart, Florida had a small decrease in inventory for the beginning of 2015.  Unfortunately sales were off by 3 homes, though we had a sizable increase in pending sales which should translate to higher sales numbers in the coming months.

The one month absorption rate for the 34994 zip code for January increased to 9.9 months from last months 7.4 months, back to a strong buyers market for January.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The January 2013 numbers were 67 Active Listings, 34 pending sales and 10 closed sales.  This area of Stuart FL continues with higher inventory figures from last year.   Fairly close market activity to January of last year.

Stuart Florida Market Report ZIP Code 34994 Residential January 2015

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Stuart Florida Market Report ZIP Code 34994 Residential January 2015

Affordable Jensen Beach Home Sold

Affordable Jensen Beach Home Sold

Affordable Jensen Beach Home Sold2378 NE Center Circle in the Cross Roads Hill section of Jensen Beach has been sold by the Gabe Sanders BlueWater Realty Team.  Listed for $154,900 and we negotiated a sales price of $142,000 for our buyers who found us at GabeSanders.com

Affordable Jensen Beach Home Sold

Super clean CBS home will not disappoint. Home is just steps from Martin County Sailing Center, Jensen Beach Boat Ramp, and the beautiful Indian Riverside Park. Large driveway has plenty of room for boat/RV. Updates include, roof, windows, AC, kitchen with Corian, bathrooms, fenced yard, wood laminate/tile flooring, water heaters, painted inside and out and much more. Garage offers storage and workspace. Home is on city water with well water outside for established floratam lawn sprinkler system and hoses. A short walk to downtown, ideal location and move in condition of this home make it a don’t miss. Not a short sale or foreclosure.

Affordable Jensen Beach Home Sold

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Jensen Beach Florida Real Estate

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

Affordable Jensen Beach Home Sold

Foxwood Stuart FL February 2015 Market Update

Foxwood Stuart FL February 2015 Market Update

 As of Feb 2015, there are two homes on the market in the Foxwood equestrian community in Stuart, FL.  The list prices are $449,900 and $549,900 for an average of $499,900 and this equals $178.74 per sq. ft. of living area.  Both of these are conventional sales.

There are no pending sales awaiting settlement at this time.

In the past 12 months there were three sales in this western Stuart community.  Sales prices ranged from $360,000 to $435,000 for an average of $398.666 which equals $146.39 per sq. ft. of living area.  These sales averaged a 94% list to sales ratio and none of these homes were in a distressed sales situation.

Foxwood is located just west of I-95 on Pratt and Whitney road in Western Stuart Florida.  It consists of 109 home sites that are all 2 acres or larger.  Horses are permitted with a zoning of one horse per acre.   Foxwood was designed with Florida’s natural environment in mind.  Every Foxwood home is custom built with the residents encouraged to keep some natural habitat in place.  Recently, a rare Florida Panther was seen going through Foxwood.

Foxwood in Stuart Florida

Association fees are a very reasonable $450 per year.  These fees cover maintenance of the private roads, sanitation and management fees.  More information about the Foxwood Property Association can be found at this community’s property association web site: Foxwood Property Association of Stuart Florida

Foxwood Stuart FL

Construction of homes in Foxwood began in 1978.  Four phase of development ended with the last phase commencing in 1990.  Most lots have been developed with just a handful of vacant lots left of which currently none are available for sale (as of this writing).

Foxwood Stuart FL

Foxwood is located less than a mile from the ‘A’ Rated South Fork High School with easy access to Palm Beach County and only 15 minutes to downtown Stuart and the pristine beaches of Martin County.

A perfect place to call home for those who desire some room to roam yet be close to shopping, restaurants and other urban areas.

Currently Available Homes in Foxwood

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Stuart Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Foxwood in Martin County Florida

December 2014 Monthly Market Detail Martin County Townhouses and Condos

December 2014 Monthly Market Detail Martin County Townhouses and Condos

December 2014 Monthly Market Detail Martin County Townhouses and Condos ended up the years with strong sales volume though prices were less than for the end of 2013. Year to year closed sales were up by 31.3% (was down by 1.8% in October) as well as new sales under contract (new pending sales) increased by 10.8% from December 2013 (was down by 0.9% in October).

The median sales price was off by 18.2% (was up by 15.8% in October) while the average sales price dropped by 13.6% (was up by 7% in October) as compared to December of 2013.  Prices have risen for most of the past two years and this may just be a one month event.

The inventory of available townhouses and condos has increased by 19 units to 509 properties from last month, though this is 20.5% less inventory than was available in December of 2013.  For December there was a 4.8 month supply of inventory (a 22.8% decrease from last year).  Still a sellers market for townhouses and condos in Martin County for December 2014.

December 2014 Monthly Market Detail Martin County Townhouses and Condos

Click here to view or download the full report:
December 2014 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.

December 2014 Monthly Market Detail Martin County Townhouses and Condos

December 2014 Monthly Market Detail Martin County Single Family Homes

December 2014 Monthly Market Detail Martin County Single Family Homes

The December 2014 Monthly Market Detail Martin County Single Family Homes picked up steam in the final month of 2014. Year to year closed sales were down by 8.6% (was up 1.2% in November). New pending sales increased by 13.7% as compared to December of 2013 (increased by 9% in November).

The median sales price was up by 5.9% from last year (down by 1.5% in November) while the average price increased by an impressive 29% (was down by 8.8% last month). We appear to be in somewhat of a roller coaster ride in the past three months as far as prices are concerned.  Though all indications to date show more positive news coming for 2015.

The inventory of available single family homes increased from November 2014 by 25 homes to 1,285 units this month, and is a 4% increase from last December.  Current supply of inventory rose slightly to 6.2 months from last month’s 6.1 (a 6.4% decrease from last year). Martin County single family home sales remain in a balanced market favoring neither the buyer nor seller.

December 2014 Monthly Market Detail Martin County Single Family Homes

Click here to view or download the full report:
December 2014 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.

December 2014 Monthly Market Detail Martin County Single Family Homes

Hobe Sound FL 33455 Condo Market Report December 2014

Hobe Sound FL 33455 Condo Market Report December 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for December 2014

 

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

 

There are currently 13 active condo listings. (Up by 4 condos from November)

Hobe Sound FL 33455 Condo Market Report December 2014

6 Condo sale is pending and awaiting close. (Up by 2 condos from November)

 Hobe Sound FL 33455 Condo Market Report December 2014

5 Condos sold in November (Increased by 1 condo from November)

Hobe Sound FL 33455 Condo Market Report December 2014

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory rose for December after being down to under 10 condos for last month.  Nice activity for the month as well considering such low availability of condos.  Both close and pending sales were up.

The current absorption rate is 2.6 months (Last month it was 2.3 months). The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that December not indicate 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 December 2013 numbers were: 23 active listings, 3 pending sales and no closed sales.  For the past two months, the Hobe Sound condo market has performed much better than last year.

Hobe Sound FL 33455 Condo Market Report December 2014

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report December 2014