Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

05.21.14 by

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for April 2014

 

For April 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 29 active listings. (Increased by 6 condos from March)

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

9 Condo sales are pending and awaiting close or lender approval. (Down by 9 condos from March)

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

9 Condos Sold (Down by 7 condos from March)

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

 The Jensen Beach Condo market (zip code 34957) is now down to only 23 active listings for April. This is a very small number and meaningful comparisons are difficult to achieve with such a small sampling of condos.  April saw the first increase in inventory in four months for the Jensen beach Condo market.   Both pending and closed sales were down for April.

The one month absorption rate for the April 2014, Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.2 months (1.4 months in March), still a very strong sellers market.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The April 2012 numbers were: 51 active listings, 26 pending sales and 15 condos closed.   2013 had a much more active market.

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

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Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

Hutchinson Island Stuart Ocean Front Condo Under Contract

05.20.14 by

Hutchinson Island Stuart Ocean Front Condo Under Contract

This extremely well priced condo on Hutchinson Island in Stuart FL in one of the best run condo association is now under contract courtesy of the Gabe Sanders BlueWater realty team.

Great opportunity for this Suntide Condo on Hutchinson Island in Stuart.  Fully furnished with an updated kitchen, ocean front condo in Martin County’s prime Hutchinson Island location and building. Spacious 2 bedroom split plan with everything one needs for a full-time home or that special Florida tropical retreat. Suntide includes private beach access, heated pool, tennis courts, shuffleboard, wash area, newly renovated clubhouse with billiards, card table, fully equipped kitchen, bar, library and entertaining area as well as a profession fitness center. Under building secured parking. This well-appointed condo is ready for immediate occupancy.
Suntide is the first condo complexes north of the Stuart Causeway on Hutchinson Island in Martin County.   Constructed originally in 1972, it retains much of the original and unique architecture of the times, yet boasts terrific amenities and at a much more reasonable price than much of the competition.  Please call and ask about Suntide.

 

Hutchinson Island Stuart Ocean Front Condo Under Contract

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

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

05.19.14 by

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for April 2014

 

For April 2014 in the 34990 Zip Code area of Palm City, Florida :



There are currently 53 active condo listings. (Down by 4 condos from March)

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

8 Condo sales are pending and awaiting close or lender approval. (Decreased by 3 condos from last month)

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

7 Condos Sold in April. (Up by 6 condos from March)

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

April saw a good improvement for closed sales for the Palm City FL real estate market for zip code 34990.  Unfortunately both pending sales and the inventory declined.  This is a pretty strong indication of slower activity for the future.  Though, this segment of the Martin County condo market is fairly small as most Palm City real estate is residential single family homes, so there is not that much of a correlation to the ‘bigger picture’ from this segment of our market.

The current absorption rate for condos in the 34990 zip code area zoomed to 7.6  months (was 57 months in March).   A buyers 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 April 2012 numbers were: 58 active listings, 14 pending sales and 7 closed sales.   Slightly better activity for last year.
Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

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Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code April 2014

05.15.14 by

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code April 2014

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for April 2014

For March, 2013 in the 34994 Zip Code area of Stuart, Florida :

There are currently 74 active listings (Decreased by 6 homes from March)

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code April 2014

24 Residential sales are pending and awaiting close or lender approval (Down by 11 homes from March).

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code April 2014

15 Homes Sold in March (Increased by 5 homes from March)

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code April 2014

Three straight months of increasing closed sales for the 34994 ZIP code area of the Stuart, Florida.  That’s the good news.  Unfortunately both pending sales and inventory numbers declined in April.  This may make the next few months much more challenging.

The one month absorption rate for the 34994 zip code for April decreased to 4.9 months from last months 8 months.  A large shift into a sellers market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The March 2012 numbers were 66 Active Listings, 34 pending sales and 9 closed sales.   Other than pending sales, numbers are improved for this year.  The drop in this years pending numbers is troubling and worth watching.

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code April 2014

 

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Stuart Florida Market Report ZIP Code 34994 Residential April 2014

Great New Price for this Whispering Pines Home for Sale in Stuart FL

05.13.14 by

Great New Price for this Whispering Pines Home for Sale in Stuart FL

 

PRICE REDUCED!
322 SW Ridge Lane, Stuart, FL
Whispering Pines Stuart FL Home for Sale
Bedrooms: 3
Bathrooms: 2 full		 Living Area Approx: 1824
List Price: $Get Current Price
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A very well maintained 3 bedroom 2 bathroom home with a large den. The kitchen has been updated with Corian counter-tops and oak cabinets. Both bathrooms have been updated with new vanities and tile. Quiet street, close to Publix, beaches, downtown shopping & restaurants. There is a front patio with a picket fence and a large back patio for outdoor grill and entertaining. A lot of house for the money.
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Great New Price for this Whispering Pines Home for Sale in Stuart FL

May 2014 Market Report for Legacy Cove in Stuart Florida

05.07.14 by

May 2014 Market Report for Legacy Cove in Stuart Florida

There are currently only 7 homes for sale (including new construction from D.R. Horton) in Legacy Cove in Stuart, FL.  Listing prices range from $265,000 to $459,000 for an average price per square foot of living area of $156.86.

There are 3 homes under contract awaiting settlement priced from $349,900 to $352,900 for an average of $142.93 per sq. ft. of living area.

In the past 12 months, 10 homes have sold with sales prices ranging from $240,000 to $405,729 at an average of $139.70 per sq. ft. of living area.

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 may have about Locks landing, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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May 2014 Market Report for Legacy Cove in Stuart Florida


May 2014 Market Update for Ocean House in Indian River Plantation

05.04.14 by

May 2014 Market Update for Ocean House in Indian River Plantation

May 2014 Market Update for Ocean House Condos in Indian River Plantation, Hutchinson Island in Stuart, FL

Currently 1 active listing on the market with a list price of $499,000 which equates to $373.10 per square ft. of living area.

Currently, no units in Ocean House are pending (under contract).

In the past 12 months, 4 condos have sold ranging in sales prices from $460,000 to $790,000 with an average price per square foot of $433.70

Ocean House in Indian River Plantation

One of the newest buildings in Indian River Plantation, Ocean House, is also the most magnificent.  Consisting of 79 Luxury Condo units of either 2 or 3 spacious bedrooms with amenities galore.  All suites have Ocean views, even the first floor units, which are in actuality the equivalent of being on the third floor as there are two parking levels for residents to enjoy covered parking.

Ocean House in Indian River Plantation

Ocean House has a newly renovated club house area featuring an updated kitchen with granite counter tops and stainless steel appliances.  Two flat screen televisions and free wi-fi for those that need connectivity.

Ocean House in Indian River Plantation

A heated pool and lanai area that’s perfect for lounging close to the beach, or walk down your private access to enjoy the crystal blue waters of your private Atlantic ocean beach.

Ocean House in Indian River Plantation

Barbecue area with a Tiki Hut for those nights that you want to eat out under the stars.

The Marriott Resort at Indian River Plantation Features:

Ocean House in Indian River Plantation

Indian River Plantation consists of numerous condominium associations and buildings.  All styles from Ocean front to River front and Golf and Tennis villas can be found here.  IRP is associated and co-located with the Marriott Resort and Marina.

Tucked away on Hutchinson Island, the Treasure Coast’s 16-mile lush barrier island, is a unique resort that greets guests with the warmth of true Southern hospitality.

The Hutchinson Island Marriott Beach Resort and Marina stretches across 200 acres of plantation landscape on Hutchinson Island, bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.

A newly remodeled lobby with sweeping draperies, plantation-style wood furnishings and tropical tones sets the stage for a magical golf getaway. This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Ocean House in Indian River Plantation

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. Plantation East, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. The Ocean Club, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

The Hutchinson Island Marriott offers guests and residents two tiki bars and their Signature Restaurant, the Baha Grille. Thirteen Novagrass tennis courts, miles of unspoiled beaches, water sports, deep sea fishing, and a full-service 77-slip marina anchored on the Indian River round out a perfect vacation of sun and fun.

Resort amenities also include three heated pools with sun decks, game rentals from the Activities Hut, two outdoor spas and supervised activities for both children and teens.

May 2014 Market Update for Ocean House in Indian River Plantation

Hutchinson Island Condos For Sale

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March 2014 Monthly Market Detail Martin County Townhouses and Condos

04.29.14 by

March 2014 Monthly Market Detail Martin County Townhouses and Condos

March 2014 Monthly Market Detail Martin County Townhouses and Condos report showed continued disappointing results as to both last year and the past few months.  Year to year closed sales were down by 29.9% (was down by 1% in February) while new sales under contract (new pending sales) decreased by 9% (was down 27% in February).

The median sales price increased by 7.4% (was up by 17.6% in February) while the average sales price decreased by 11% (was up 20.6% in February) as compared to March of 2013.  As the price increases moderate, I would expect to see some increased volume of closed and pending sales for the future.

 The inventory of available townhouses and condos has decreased by 39 to 596 units from last month which is 13.2% less inventory than was available in March of 2013.  With values going up as much as they have, I would have expected higher inventory levels.  The current supply of inventory is 6.2 months (a 16.5% decrease from last year).   Though down in volume from last year, this is still a balanced market that favors neither the buyer nor the seller.

March 2014 Monthly Market Detail Martin County Townhouses and Condos

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

March 2014 Monthly Market Detail Martin County Townhouses and Condos

March 2014 Monthly Market Detail Martin County Single Family Homes

04.28.14 by

March 2014 Monthly Market Detail Martin County Single Family Homes

The March 2014 Monthly Market Detail Martin County Single Family Homes is showing some slower growth and even retracting in some areas (much like many other areas in FL this month).  Year to year closed sales were off by 14.7% (was up 10.8% in February). New pending sales increased by 17.5% as compared to March of 2013 (decreased by 30.4% in February).  An increase in the pending sales indicates a good possibility of better closed activity for the near future

The median sales price was up by 4% from last year (up by 5.7% in February) while the average price dropped by 25.1% (was down by 18.3% last month).  This is a dramatic indication of the continued activity for the lower price ranges and a slower sales volume in the higher end luxury market.

The inventory of available single family homes increased from February 2014 by 61 homes to 1,429 units this month, representing a 12.2% increase from last March.  Current supply of inventory rose to 7.5 months (a 2.9% decrease from last year).  Hovering just outside of a balanced market for now with a slight advantage for buyers.

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

March 2014 Monthly Market Detail Martin County Single Family Homes

Hutchinson Island Stuart Ocean Front Condo Price Reduced

04.28.14 by

Hutchinson Island, Stuart, Ocean Front Condo Price, Reduced

The new price for this oceanfront condo is now $196,000!

Great opportunity for this Suntide Condo on Hutchinson Island in Stuart.  Fully furnished with an updated kitchen, ocean front condo in Martin County’s prime Hutchinson Island location and building. Spacious 2 bedroom split plan with everything one needs for a full-time home or that special Florida tropical retreat. Suntide includes private beach access, heated pool, tennis courts, shuffleboard, wash area, newly renovated clubhouse with billiards, card table, fully equipped kitchen, bar, library and entertaining area as well as a profession fitness center. Under building secured parking. This well-appointed condo is ready for immediate occupancy.
Suntide is the first condo complexes north of the Stuart Causeway on Hutchinson Island in Martin County.   Constructed originally in 1972, it retains much of the original and unique architecture of the times, yet boasts terrific amenities and at a much more reasonable price than much of the competition.  Please call and ask about Suntide.

Hutchinson Island Stuart Ocean Front Condo Price Reduced

Stuart Florida Real Estate presented by
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March 2014 Monthly Market Detail Florida Townhouses and Condos

04.27.14 by

March 2014 Monthly Market Detail Florida Townhouses and Condos

For the March 2014 Monthly Market Detail Florida Townhouses and Condos for the state of Florida continues to struggle in volume as the prices have soared. It appears that the prices have risen much to fast for consumer demand to keep up.  Year to year closed sales were down by 5.2% as compared to last months decrease of 6.8% and new sales under contract (new pending sales) decreased by 6.2% (February’s decrease was 14.5%).

Both median and average sales prices were up (year to year) by 16.7% and 16.1% respectively (in February it was 15.2% and 13.9%). These strong price appreciations is what I suspect is the cause of the decrease in market activity for condos and townhouses in Florida for March.

Inventory rose for the fifth month in a row, by 7%.  The rising inventory should produce some pressure to moderate the price increases.  This should help regain the momentum of sales.  The 6 month supply of inventory is a good sign that we are in a balanced market.

Click on the link below or the graphic to see the full market detail report from Florida Realtors:  Click here to view or download the full report:  March 2014 Monthly Market Detail Florida 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.

March 2014 Monthly Market Detail Florida Townhouses and Condos

March 2014 Monthly Market Detail Florida Single Family Homes

04.26.14 by

March 2014 Monthly Market Detail Florida Single Family Homes

The March 2014 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors showed improved results from last month, but still not nearly as robust as last year.    Year to year closed sales were up, but only by 2.8% (was up by 1.5% in February) and new sales under contract (new pending sales) increased by 2.1% (was down by 5.5% in February).

Both median and average sales prices were up ( March 2013 to March 2014) by 7.1% and 6.3% respectively, compared to February’s 10% and 11%.   While still very positive numbers, the rate of appreciation appears to be slowing.

The inventory of available homes for sale increased by 16.8% from last year.  This is now the sixth month of increased inventory.  This increase is a direct result of rising prices as many home sellers have been waiting on the side lines for improved values.  I suspect that the reduced rate of increasing values and home sales are a direct result of the increasing inventory.  Currently, there are just not enough buyers to absorb this increase fully.

Click here to view or download the full report:
March 2014 Monthly Market Detail Florida 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.

March 2014 Monthly Market Detail Florida Single Family Homes

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code March 2014

04.19.14 by

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code March 2014

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

For February 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 22 active condo listings. (Down by 1 condo from February)

7 Condo sales are pending and awaiting close or lender approval. (Increased by 4 condos from February)

3 Condos sold in February (Unchanged from February)

The Hobe Sound condo market (Zip Code 33455) is one of the smallest segments of the Martin County real estate market (along with the Jensen Beach condo market).  March 2014 market activity saw little change in inventory and closed sales, along with a nice jump in pending sales.

The current absorption rate is 7.3 months (Last month it was 7.6 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 may not indicate a true trend in the market.  Yet even with these low numbers, we are close to a balanced market for condos in the 33455 zip code area of Hobe Sound.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The March 2013 numbers were:  22 active listings, 9 pending sales and 2 closed sales.   Very close to last years market activity.

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Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code March 2014

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code March 2014

04.17.14 by

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code March 2014

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for March 2014

For March 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 23 active listings. (Decreased by 4 condos from February)

18 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from February)

16 Condos Sold (Up by 10 condos from February)

 The Jensen Beach Condo market (zip code 34957) is a very small segment of the Martin County condo market.  After 4 months of slowly increasing inventory, inventory declined for the last three months in a row.   For as small a segment as this is, activity for March was quite strong with only a small drop in pending sales and and a very strong jump in the closed sale numbers.

The one month absorption rate for the March 2014, Jensen Beach Florida Market Report ZIP Code 34957 is at an incredible 1.4 months (4.5 months in February), meaning the average condo is selling in under 90 days.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2012 numbers were: 54 active listings, 28 pending sales and 13 condos closed.   Better absolute numbers last year, but there was more than double the inventory.  With such low numbers of available condos in the Jensen Beach zip code, I’m predicting considerably slower activity for the near future.

Search here for Jensen Beach Real Estate for Sale

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Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code March 2014

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code March 2014

04.15.14 by

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code March 2014

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for March 2014

For March 2014 in the 34990 Zip Code area of Palm City, Florida :

There are currently 57 active condo listings. (Down by 6 condos from February)

11 Condo sales are pending and awaiting close or lender approval. (Increased by 5 condo from last month)

1 Condos Sold in March. (Down by 5 condos from February)

Other than an increase in pending sales, a pretty dismal March for the condo segment of the Palm City FL real estate market for zip code 34990.  Only 1 closed sale and a loss of all the gained inventory from last month.  But please keep in mind that this is a very small segment of the Palm City market as this area is primarily single family homes.  Trends are good to watch but a meaningful interpretation from monthly swings in values is difficult to determine.

The current absorption rate for condos in the 34990 zip code area zoomed to 57  months (was 10.5 months in February).   An extreme buyers 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 March 2012 numbers were: 63 active listings, 9 pending sales and 5 closed sales.   Better closed activity last year.  Hopefully this market will pick up for the spring.

Search here for Palm City Florida Real Estate for Sale ( Condos)

Palm City Florida Real Estate presented by:
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Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code March 2014

April 2014 Market Update for Hunters Creek in Palm City FL

04.14.14 by

April 2014 Market Update for Hunters Creek in Palm City FL

As of April, there is 1 home on the market in Hunters Creek in Palm City, FL.  This home is a 3 BR home listed at $319,750.  (or $127.14 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 Hunters Creek.  Sales prices were $$275,000 and $278,000 for an average of $127.71 per sq. ft. of living area.  Neither of these sales nor the active listing is a distressed sale.

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.

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 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 downtownStuart, Jensen Beach and the beaches of the Atlantic Ocean on Hutchinson Island.

Hunters Creek Homes for Sale in Palm City FL

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Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code March 2014

04.12.14 by

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code March 2014

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for March 2014

For February 2013 in the 34994 Zip Code area of Stuart, Florida :

There are currently 80 active listings (Increased by 3 homes from February)

35 Residential sales are pending and awaiting close or lender approval (Up by 1 home from February).

10 Homes Sold in February (Increased by 1 home from February)

After two months of decreasing closed sales in the 34994 ZIP code area of the Stuart, Florida, there was finally an increase for March, although it was only by 1 home.  Pending sales also increased by 1 home, while, the inventory also increased slightly.  As home values rise, latent demand from sellers seems to be materializing in more active listings.  There has to be enough demand to offset this increase in inventory.  With 35 pending home sales, it does look like closed sales should increase in the coming months.

The one month absorption rate for the 34994 zip code for March decreased to 8 months from last months 8.6 months. Still a buyers market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The February 2012 numbers were 67 Active Listings, 34 pending sales and 5 closed sales.   Inventory is up for this year as were closed sales compared to March of 2013.  Pending sales are very similar (and as a percentage are not as good when the inventory values are factored in).

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Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 Residential March 2014

February 2014 Monthly Market Detail Martin County Townhouses and Condos

04.02.14 by

February 2014 Monthly Market Detail Martin County Townhouses and Condos

February 2014 Monthly Market Detail Martin County Townhouses and Condos report showed some disappointing results as to volume of activity, though prices continued to soar.  Year to year closed sales were down by 1% (was up by 4.3% in January) while new sales under contract (new pending sales) decreased by 27% (was down 20.9% in January).

The median sales price increased by 17.6% (was up by 15.2% in January) while the average sales price increased by 20.6% (was up 15.2% in January) as compared to February of 2013.  These large price increases are most likely responsible for the drop in volume as many buyers are simply being priced out of the market.

 The inventory of available townhouses and condos has decreased by 3 to 635 units from last month which is 15% less inventory than was available in February of 2013.  With values going up as much as they have, I would have expected higher inventory levels.  The current supply of inventory is 6.4 months (a 24.4% decrease from last year).

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

February 2014 Monthly Market Detail Martin County Townhouses and Condos

February 2014 Monthly Market Detail Martin County Single Family Homes

04.01.14 by

February 2014 Monthly Market Detail Martin County Single Family Homes

The February 2014 Monthly Market Detail Martin County Single Family Homes continues with mostly positive news, though at a considerably reduced rate of appreciation and volume.  New pending sales were off by 30.4% as compared to February of 2013 (decreased by 18.8% in January).  The reduced number of pending sales are an possible indication of slower closed volume in the coming months. Year to year closed sales were up by 10.8% (was up 29.9% in January).

The median sales price was up by 5.7% from last year (up by 24.7% in January) while the average price dropped by 18.3% (was down by 8.5% last month).  The slowing rate of appreciation will help future sales as the fairly dramatic increases of last year simply priced to many buyers out of the market.

The inventory of available single family homes increased from January 2014 to 1,368 units this month, and this is a 10.3% increase from last February.  Current supply of inventory is only 7 months (a 9.6% decrease from last year).  If this trend continues we’ll be back into a buyers market in Martin County for single family homes next month.  Though indications of activity for March seem to be fairly positive.

Monthly Market Detail - February 2014 Martin County Single Family Homes

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

February 2014 Monthly Market Detail Martin County Single Family Homes

February 2014 Monthly Market Detail Florida Townhouses and Condos

03.31.14 by

February 2014 Monthly Market Detail Florida Townhouses and Condos

For the February 2014 Monthly Market Detail Florida Townhouses and Condos for the state of Florida activity slowed considerably as compared to last year.  Hopefully, this is just a one month issue.   Year to year closed sales were down by 6.8% as compared to last months increase of 9.3% and new sales under contract (new pending sales) decreased by 14.5% (January’s decrease was 6%). 

Both median and average sales prices were up (year to year) by 15.2% and 13.9% respectively (in January it was 17% and 21%).  I suspect that these very strong price gains are what is now slowing the sales activity as many buyers are simply being priced out of the market.

Inventory rose for the fourth month in a row, by 3.7%.  The rising inventory should produce some pressure to moderate the price increases.  This should help regain the momentum of sales.

Monthly Market Detail - February 2014 Florida Townhouses and Condos

Click on the link below or the graphic to see the full market detail report from Florida Realtors:  Click here to view or download the full report:  February 2014 Monthly Market Detail Florida 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.

February 2014 Monthly Market Detail Florida Townhouses and Condos