Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code December 2013

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code December 2013

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for December 2013

 

For December 2013 in the 34990 Zip Code area of Palm City, Florida :



There are currently 66 active condo listings. (Down by 1 condo from November)
Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code December 2013

5 Condo sales are pending and awaiting close or lender approval. (Decreased by 1 condo from last month)Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code December 2013

2 Condos Sold in December. (Up by 1 condo from November)Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code December 2013

Slow activity for the end of the year for the condo segment of the Palm City FL real estate market.  However, 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 dropped to 33  months with only 2 sales (was 67 months in November).   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 December 2012 numbers were: 63 active listings, 8 pending sales and 3 closed sales.   One of the few areas in Martin County where the 2012 market activity surpassed this year’s numbers.

Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code December 2013

Search here for Palm City Florida Real Estate for Sale ( Condos)
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Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code December 2013

Stuart FL Home for Sale in Whispering Pines

 
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Licensed In:
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3090099
Information valid for the date of this posting only. Please contact us for the most current information and status of this property.
322 SW Ridge Lane
Stuart, FL
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Stuart FL Home for Sale in Whispering Pines

$ Click for current price
3 BEDROOMS
2 BATHROOMS ( 2 full )
1824 Square Feet

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.

 

 
   

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for December 2013

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

 

There are currently 56 active listings (No changes from November)Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

 

32 Residential sales are pending and awaiting close or lender approval (Down 3 homes from November).
Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

14 Homes Sold in November (Increased by 1 home from November)
Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

The 34994 ZIP code area of the Stuart, Florida had a small increase in closed sales (a good thing) and a second month in a row with a drop in pending sales (not such a good thing).  The inventory of available homes remained unchanged at 56 homes, which is a very low number for this zip code area of Stuart FL. 

The one month absorption rate for the 34994 zip code for December decreased to 4 months from last months 4.3 months.  Continuing as a strong seller’s market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage. 

The December 2012 numbers were 75 Active Listings, 27 pending sales and 14 closed sales.   Better market activity for the end of 2013 when compared to December 2012.

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:
Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

 

Search here for Stuart Florida Real Estate for Sale

 

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Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 Residential December 2013

Hutchinson House Condos for Sale and Sold Report for January 2014

Hutchinson House Condos for Sale and Sold Report for January 2014

Hutchinson House Condos for Sale and Sold ReportAs of January 2014, there are 6 condos on the market in Hutchinson House on Hutchinson Island in Stuart FL.  Listing prices range from $205,000 to $399,000 with an average of $212.75 per sq. ft. of living area.

Two condos are pending and awaiting transfer.  List prices were $250,000 and $439,000 for an average of $202.61 per sq. ft. of living area.

There have been 9 condos sold in the past 12 months in Hutchinson House.  Sales prices ranged from $190,000 to $400,000 for an average of $200.05 per sq. ft. of living area.  There were no distressed properties (short sales or bank owned) in any of the above Hutchinson House condo listings or sales. Hutchinson House Condos for Sale and Sold Report Hutchinson House Condos for Sale and Sold ReportLocated on Hutchinson Island in uncrowded and unspoiled Martin County, the Hutchinson House Condo complex is an ocean to Intracoastal complex with a variety of styles and views offering wonderful amenities that include ocean access docks, club house, pools, spa/jacuzzi, tennis and a private beach.

 
Hutchinson House Condos for Sale and Sold ReportHutchinson House consists of 121 Condos, with the Ocean Side being Hutchinson House East and the river side is called Hutchinson House West.  Both sides offer 2 and 3 bedroom condos with 2 or more bathrooms.  Many with spectacular views of the river and the crystal clear blue waters of the Atlantic Ocean.

Hutchinson House Condos for Sale and Sold ReportThe Hutchinson House condos are one of the few condo developments that is pet friendly and allows for up to 2 large pets.  For currently available Hutchinson House condos please call or view the search link below.

Hutchinson Island Oceanfront Condo Stuart FL Just Listed

Hutchinson Island Oceanfront Condo Stuart FL Just Listed

 Offered for $199,900

Great opportunity for this Hutchinson Island Oceanfront Condo Stuart FL Just Listed 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 Oceanfront Condo Stuart FL Just Listed

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Martin County Condo Sales Report for November 2013

Martin County Condo Sales Report for November 2013

 Commentary:

The Martin County Florida Condo Sales report for November 2013 showed some weakness, much like the Martin County Homes sales report.  Closed sales for November were unchanged from November of 2012 and were lower than last month.  The median price rose respectably from last month and was unchanged from last year.  Inventory rose for the third month in a row, yet still fewer condos available for sale from last year.

The one month absorption rate increased to 11.91 months from last months 9.93 months, while the three-month average is now at 10.57 months.  The condo market for Martin County continues to be a buyers market.  Generally an absorption rate of 6 or 7 months is considered a balanced market.

Weakness for the condo market is not that unusual for this time of the year.  The coming season should prove interesting as this segment has been fairly flat for the past few years, even though the numbers have risen somewhat.

Click on the charts for a larger view:

Martin County Condo Sales Report for November 2013

 The Definition of Absorption Rate:
Number of months it takes to sell the current inventory at the present rate of sales. Knowing your area’s Absorption Rate, helps to track trends. Understanding the market and where it is headed is part of our job as real estate professionals. Absorption rate is NOT an exact science. Figuring it is based on the premise that one will be looking for a TREND. It is advised to consistently do the numbers each month, to be able to track a trend.

Martin County Condo Sales Report for November 2013

Martin County Condo Sales Report for November 2013Martin County Condo Sales Report for November 2013

 Data compiled from the Realtor Association of Martin County

Martin County Condo Sales Report for November 2013

the Gabe Sanders real estate team

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Martin County Home Sales Report for November 2013

Martin County Home Sales Report for November 2013

 Commentary:

The Martin County Home Sales Report for November 2013 is showing mixed results.  Closed sales were down from last months 161 homes and also from last years 169 homes to 147 homes sold in November.  The average and median sales prices were up from last year but slightly down from last month.

The one month absorption rate for November 2013 increased to 7.92 months (from 6.86 months in October), and the three-month average is now 6.86 months.  A 6 to 7 month absorption rate is considered to be a balanced market.  Drifting back into a buyers market for the short term at least for residential sales in Martin County.

Please contact us if you have any difficulty interpreting these charts.
  Clicking on the chart will produce a larger view.
Martin County Home Sales Report for November 2013

 The Definition of Absorption Rate:
Number of months it takes to sell the current inventory at the present rate of sales. Knowing your area’s Absorption Rate, helps to track trends. Understanding the market and where it is headed is part of our job as real estate professionals. Absorption rate is NOT an exact science. Figuring it is based on the premise that one will be looking for a TREND. It is advised to consistently do the numbers each month, to be able to track a trend.Martin County Home Sales Report for November 2013Martin County Home Sales Report for November 2013 Martin County Home Sales Report for November 2013

Data compiled from the Realtor Association of Martin County

Martin County Home Sales Report for November 2013

the Gabe Sanders real estate team

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

For more information about Florida’s Treasure Coast Real Estate, visit us at:

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November 2013 Monthly Market Detail Martin County Townhouses and Condos

November 2013 Monthly Market Detail Martin County Townhouses and Condos

The November 2013 Monthly Market Detail Martin County Townhouses and Condos continues to showed some weakness of the year to year results.  This is the second month of mixed to poor results and mirrors some of the other counties as well as the state of Florida as a whole.  We are now well into our slower season, however we are comparing to last years results for the same period.   Year to year closed sales were down by 6.4% ( up by 1.1% in October) while new sales under contract (new pending sales) decreased by 1% (was down 36.2% in October).

The median sales price decreased by 0.2% (was up by 1.3% in October) while the average sales price dropped by 26.7% (was up 10.7% in October) as compared to November of 2012.November 2013 Martin County Condo and Townhouse

 The inventory of available townhouses and condos has increased to 624 units from last month, still under November 2012 inventory by 15.8%.  Current supply of inventory is 6.2 months (a 27.5% decrease from last year).  After several months of a seller’s market we are transitioning into a balanced market once again.  A balanced market is a healthy sign if it continues through the year.

 

 Click here to view or download the full report:
November 2013 Monthly Market Detail Martin County Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

November 2013 Monthly Market Detail Martin County Townhouses and Condos

November 2013 Monthly Market Detail Martin County Single Family Homes

November 2013 Monthly Market Detail Martin County Single Family Homes

The November 2013 Monthly Market Detail Martin County Single Family Homes as reported by Florida Realtors showed strong closed activity and a small weakening of pending activity. When compared to the results from the state of Florida, martin County is doing very well.   Closed sales were up by 33.8% (was 8.5% in October) and new sales under contract (new pending sales) decreased by 4% (Increase of 36.2% in October).

The median sales price was up by 5.2% from last year while unfortunately the average declined by 7.2%.November 2013 Martin County Single Family

The inventory of available single family homes increased this month to 1271 units but this is still down by 4.5% from last November.  Current supply of inventory is only 6.7 months (a 12.4% decrease from last year).  We are now in a balanced market for residential sales in Martin County.  Considering that this is typically the slower season for Martin County, I’m expecting a return to a sellers market once the holiday season is over.

Please look at the full Martin County single family market detail by clicking on the links below:

 

Click here to view or download the full report:
November 2013 Monthly Market Detail Martin County Single Family Homes

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

November 2013 Monthly Market Detail Martin County Single Family Homes

November 2013 Monthly Market Detail Florida Townhouses and Condos

November 2013 Monthly Market Detail Florida Townhouses and Condos

The November 2013 Monthly Market Detail Florida Townhouses and Condos for the state of Florida showed a weakening of both closed and pending sales as compared to last year.  Year to year closed sales were down by 7.1% as compared to last months increase of 3.1% and new sales under contract (new pending sales) decreased by 10.2% (October’s decrease was 3.6%).

November 2013 Florida Condo and Townhouse

Both median and average sales prices were up (year to year) by 17.2% and 12.3% respectively.

For the first time in a while the inventory crept up slightly by 1.3%.  The reduced inventory is what is making prices rise as well as keeping sales volume down.  I expect both inventory and sales volume to increase in the coming year if the economic news continues to be positive.

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:
November 2013 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.

November 2013 Monthly Market Detail Florida Townhouses and Condos

November 2013 Monthly Market Detail Florida Single Family Homes

November 2013 Monthly Market Detail Florida Single Family Homes

The Florida real estate market showed some weakness for the November 2013 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors.  Both closed and pending sales were off.   Year to year closed sales were down by 1.2% (were up by 6.5 % in October) and new sales under contract (new pending sales) decreased by 5.9% (was up by 3.4% in October).

Florida Single Family

Both median and average sales prices were up (November 2012 to November 2013) by 13.3% and 7.1% respectively.   Not quite as much of an increase as in previous months this year, but those kinds of increases were unsustainable.

The inventory of available homes for sale increased by 10% from last year.  This is now the second month of increased inventory.  I’ve written in the past that I was expecting this increase which is a direct cause of the easing of the price increases as the supply expands. I would like to see the volume of closed sales be higher and with the current excellent economic news, I expect these numbers to go up soon.

Please look at the full detail report for the rest of the story:

Click here to view or download the full report:
November 2013 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.

November 2013 Monthly Market Detail Florida Single Family Homes

Hobe Sound Florida Market Report ZIP Code 33455 Condo November 2013

Hobe Sound Florida Market Report ZIP Code 33455 Condo November 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for November 2013

 

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

 

There are currently 21 active condo listings. (Up by 6 condos from October)

Hobe Sound Florida Market Report ZIP Code 33455 Condo November 2013

3 Condo sales are pending and awaiting close or lender approval. (Down by 1 condo from October)
Hobe Sound Florida Market Report ZIP Code 33455 Condo November 2013

 

2 Condos sold in October (Increased by 2 condos from October)Hobe Sound Florida Market Report ZIP Code 33455 Condo November 2013

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  For November, there was a nice increase in active listings.  Unfortunately pending sales decreased by 1 condo.  Sales were only 2 units.

The absorption rate for November decreased to 10.5 moths from last months 15 months.  Still a buyers advantage for those in the Hobe Sound condo market..  Generally, a 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.  These 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.

The November 2012 numbers were:  26 active listings, 10 pending sales and 1 closed sales.   Much stronger pending activity last year.  With the increasing inventory, I’m hoping for better numbers in the coming season.

 

Please use the charts below as reference only as they rely on all residential types of property in the 33455 real estate market:Hobe Sound Florida Market Report ZIP Code 33455 Condo November 2013

 

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Hobe Sound Florida Market Report ZIP Code 33455 Condo November 2013

 

Jensen Beach Florida Market Report ZIP Code 34957 Condo November 2013

Jensen Beach Florida Market Report ZIP Code 34957 Condo November 2013

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for November 2013

 

For November 2013 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 38 active listings. ( Increased by 2 condos from October)
Market Report ZIP Code 34957 Condo November 2013

16 Condo sales are pending and awaiting close or lender approval. (Up by 3 condos from October)
Market Report ZIP Code 34957 Condo November 2013

2 Condos Sold (Decreased by 5 condos from October)
Market Report ZIP Code 34957 Condo November 2013


The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market.  Inventory remains very low even though we’ve had small increases in the past three months.   Closed sales for November were only 2 condos while pending sales rose slightly.

The one month absorption rate for the November 2013, Jensen Beach Florida Market Report ZIP Code 34957 rose again to 19 months (5.1 months in October), signifying a step into a slight sellers market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The November 2012 numbers were: 29 active listings, 22 pending sales and 8 condos closed.   Not as good a market this year as compared to last for the Jensen beach Condo segment of the Martin County real estate market.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:

Market Report ZIP Code 34957 Condo November 2013

Search here for Jensen Beach Real Estate for Sale


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Jensen Beach Florida Market Report ZIP Code 34957 Condo November 2013

Palm City Florida Market Report ZIP Code 34990 Condo November 2013

Palm City Florida Market Report ZIP Code 34990 Condo November 2013

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for November 2013

 

For November 2013 in the 34990 Zip Code area of Palm City, Florida :



There are currently 67 active condo listings. (Up by 8 condos from October)
Palm City Florida Market Report ZIP Code 34990 Condo November 2013

6 Condo sales are pending and awaiting close or lender approval. (Unchanged from last month)
Palm City Florida Market Report ZIP Code 34990 Condo November 2013

 

1 Condos Sold in November. (Down by 3 condo from October)

Palm City Florida Market Report ZIP Code 34990 Condo November 2013

 

Very disappointing activity for the 34990 zip code area of Palm City condo market for November 2013.  Inventory increased, pending sales remained unchanged and only 1 condo sold in November.

The current absorption rate for condos in the 34990 zip code area is an atrocious 67  months with only 1 sale (was 14.8 months in October).   A balanced market is considered to be an absorption rate of around 6 to 7 months, so this market is currently a strong buyers market.
 
The November 2012 numbers were: 61 active listings, 10 pending sales and 5 closed sales.   Unfortunately, this year’s activity is not nearly as active as it was in November 2012.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:

Palm City Florida Market Report ZIP Code 34990 Condo November 2013

 

Search here for Palm City Florida Real Estate for Sale ( Condos)
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Palm City Florida Market Report ZIP Code 34990 Condo November 2013

Stuart Florida Market Report ZIP Code 34994 Residential November 2013

Stuart Florida Market Report ZIP Code 34994 Residential November 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for November 2013

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

 

There are currently 56 active listings (Down 6 from October)Stuart Florida Market Report ZIP Code 34994 Residential November 2013

 

35 Residential sales are pending and awaiting close or lender approval (Down 13 homes from October).

Stuart Florida Market Report ZIP Code 34994 Residential November 2013
 

13 Homes Sold in October (Increased by 5 home from October)

Stuart Florida Market Report ZIP Code 34994 Residential November 2013

The 34994 ZIP code area of the Stuart, Florida had a small increase in closed sales (a good thing) and a fairly big drop in pending sales (not such a good thing).  The inventory of available homes is now  down to only 56 homes, which is very low. 

The one month absorption rate for the 34994 zip code for November decreased to 4.3 months from last months 6.3 months. Now back into a sellers market.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage. 

The November 2012 numbers were 71 Active Listings, 35 pending sales and 4 closed sales.   Considerably better closed activity this year, but lower future activity with the reduced number of pending sales.  Not that unexpected though with such a reduced inventory.

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

Stuart Florida Market Report ZIP Code 34994 Residential November 2013

 

Search here for Stuart Florida Real Estate for Sale

 

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Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 Residential November 2013

Martin County Florida Condo Market Report for October 2013

Martin County Florida Condo Market Report for October 2013

 

Commentary:

The Martin County Florida Condo Market for October 2013 showed better numbers than in previous years on a year to year comparison.  Still a bit slower than we would like.  Inventory increased this month to 546 units (the second month in a row with gains).  It was back in 2005 when we had steady inventory levels below 600 units.  The median sales price decreased significantly in October to one of the lowest numbers in years.  This value is more a result of the mix of sales for October which were mostly in the lower price ranges, rather than a decrease in values.   Currently, prices on average appear to be holding steady with different communities showing some small gains (as well as some losses) depending on the individual community.

The one month absorption rate decreased to 9.93 months from last months 10.04 months, while the three-month average is now at 9.81 months.  The condo market for Martin County continues to be a buyers market.  Generally an absorption rate of 6 or 7 months is considered a balanced market.

Potential higher interest rates remain troubling for the market in general, but is not as strong an issue for our condo market as we have a fairly high percentage of cash buyers.  Though, uncertainty with the economy is a big factor for vacation buyers potentially using their discretionary spending for these purchases.

Martin County Florida Condo Market Report for October 2013

Click on the charts for a larger view: 

 The Definition of Absorption Rate:
Number of months it takes to sell the current inventory at the present rate of sales. Knowing your area’s Absorption Rate, helps to track trends. Understanding the market and where it is headed is part of our job as real estate professionals. Absorption rate is NOT an exact science. Figuring it is based on the premise that one will be looking for a TREND. It is advised to consistently do the numbers each month, to be able to track a trend.Martin County Florida Condo Market Report for October 2013

Martin County Florida Condo Market Report for October 2013Martin County Florida Condo Market Report for October 2013

 

Data compiled from the Realtor Association of Martin County

Martin County Florida Condo Market Report for October 2013

the Gabe Sanders real estate team

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For more information about Florida’s Treasure Coast Real Estate, visit us at:

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Martin County Florida Residential Market Report for October 2013

Martin County Florida Residential Market Report for October 2013

 

Commentary:

The Martin County Florida Residential Market for October 2013 continues to produce better results as compared to recent years.   For October 2013, the inventory rose again (the third month in a row) signifying that some pent up seller demand is now once again re-entering the market as prices continue to increase.  And for October 2013 there were some significant increases.  As the inventory increase, we should continue to see higher sales numbers from previous years, though the absorption rate will start to rise as well.

The one month absorption rate for October 2013 increased to 6.86 months (from 5.99 months in September), and the three-month average is now 5.93 months.  A 6 to 7 month absorption rate is considered to be a balanced market. After almost a full year of a sellers market we are now in a balanced market which is healthy for Stuart FL real estate.

Martin County Florida Residential Market Report for October 2013

Please feel free to contact us if you have any difficulty interpreting these charts.

  Clicking on the chart will produce a larger view.

 The Definition of Absorption Rate:
Number of months it takes to sell the current inventory at the present rate of sales. Knowing your area’s Absorption Rate, helps to track trends. Understanding the market and where it is headed is part of our job as real estate professionals. Absorption rate is NOT an exact science. Figuring it is based on the premise that one will be looking for a TREND. It is advised to consistently do the numbers each month, to be able to track a trend.Martin County Florida Residential Market Report for October 2013

 Martin County Florida Residential Market Report for October 2013

Martin County Florida Residential Market Report for October 2013

Data compiled from the Realtor Association of Martin County

Martin County Florida Residential Market Report for October 2013

the Gabe Sanders real estate team

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

For more information about Florida’s Treasure Coast Real Estate, visit us at:

Stuart Florida Real Estate

December 2013 Market Update Westwood Country Estates Palm City

December 2013 Market Update Westwood Country Estates Palm City

As of December 2013, there are 4 homes on the market in Westwood Country Estates in Palm City, FL.  Listing prices range from $425,000 to $584,900 with an average of $192.63 per sq. ft. of living area.  None of these active listings are distressed sales.

There are no homes currently under contract (pending sales)

There have been 3 homes sold in the past 12 months in Westwood Country estates.  Sales prices ranged from $230,000 to $370,000 for an average of $111.26 per sq. ft. of living area.  One of these sales was a short sale and one was a bank owned foreclosure.

December 2013 Market Update Westwood Country Estates Palm City 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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December 2013 Market Update Sewalls Landing

December 2013 Market Update Sewalls Landing

As of December 2013, there are no homes available for sale in Sewalls Landing.

Also, no homes currently under contract (pending sales)

In the past 12 months, 3 Sewalls Landing homes have sold.  Sales prices ranged from $520,000 to $605,000 for an average sales price of $160.52 per sq. ft. and at a 91% list to sales ratio.  One of these sales was a short sale.

 Sewalls Landing Jensen Beach FL

 Sewalls Landing is located at the northern tip of Sewalls Point, FL in Martin County.  Officially it is in Jensen Beach, but many residents of Sewalls landing consider themselves part of Sewalls Point.   Just across the street from the Dolphin Bar and Grill and within walking distance of marinas, boat ramps, Indian Riverside Park and much, much more.
Sewalls Landing Jensen Beach FLThis gated community consists of 51 home-sites (including 3 lots that are still vacant).  Homes in Sewalls Landing were built from 1992 to 2008 and are situated on generous sized lots from just under ½ acre to over ¾ of an acre.  Home sizes range from 2,000 to over 5,000 square feet of living areas.  Many homes feature 3 car garages.  Residents enjoy low HOA fees of $110 per month.
 
Sewalls Landing Jensen Beach FL

Children attend Felix Williams Elementary, Stuart Middle and Jensen Beach High Schools.  Easy access to the beaches as it’s just about equidistant from both the Stuart and Jensen Beach Causeways.  Close to shopping and medical facilities as well.  This is a much sought after community in Martin County, FL. 

 Sewalls Landing Jensen Beach FL
 

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Sewalls Point  Real Estate is presented by:

the Gabe Sanders real estate team

December 2013 Market Update Sewalls Landing

December 2013 Market Update Cobblestone Country Club

 

December 2013 Market Update Cobblestone Country Club

There are currently 10 homes for sale in the Cobblestone Country Club of palm City, FL.  List prices range from $350,000 to 639,000 with an average asking price of $152.54 per sq. ft. of living area.  Only one short sale.

3 Homes are under contract and awaiting sale.  List prices were $450,000 and 499,000 for an average of $139.49 per sq. ft. of living area.   Two of these homes are short sales.

In the past 12 months, 9 homes have sold in the Cobblestone Country Club.  Sale prices ranged from $299,000 to $673,000 and the average sale price per sq. ft. of living area was $116,63.  There were 2 short sales and 3 bank owned foreclosures in this group of sales.

 

Cobblestone Country Club

December 2013 Market Update Cobblestone Country Club

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. 

December 2013 Market Update Cobblestone Country Club

December 2013 Market Update Cobblestone Country Club

Cobblestone Country Club Homes for Sale

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December 2013 Market Update Cobblestone Country Club