Custom Newer Stuart FL Waterfront Estate Just Listed

02.10.13 by

Custom Newer Stuart FL Waterfront Estate Just Listed

Custom Newer Stuart FL Waterfront Estate

6800 SW Gaines Ave is a Custom Newer Stuart FL Waterfront Estate Just Listed with the Gabe Sanders real estate team.  This 2002 home has the latest updates and all the bells and whistles you could possibly want.

Custom Newer Stuart FL Waterfront Estate

For those desiring the ultimate in privacy yet having close access to all the amenities Martin County has to offer, this is your future. Located on 4 plus acres of deep waterfront (320′) on the South Fork of the Saint Lucie River.

 Custom Newer Stuart FL Waterfront Estate

Custom designed and built to the highest standards. Currently configured with 4 Br, 2 Offices, Theater Room, Work rooms, 4 & 1/2 Baths and attached 5 car gar. Impact Glass throughout, with a great room concept featuring 42′ Pecky cypress ceilings. Commercial grade kitchen with multiple cooking surfaces, both gas and electric, numerous ovens, commercial refrigerators, dishwashers, etc (see attached feature list). Master wing features dual offices and his and her bathrooms. Detached 1 Br. 1 Ba. updated guest home.

 Custom Newer Stuart FL Waterfront Estate

 

Search for all Stuart waterfront homes

waterfront homes in Stuart

 

View Our Featured Listings!

Custom Newer Stuart FL Waterfront Estate Just Listed

Martin County Florida Condo Market Report for December 2012

01.30.13 by

Martin County Florida Condo Market Report for December 2012

 

Commentary:

The Martin County Florida Condo Market for December 2012 continues to have its difficulties while the residential segment of the Treasure Coast real estate market is showing positive signs.  Sales for December were 54 units down up from 47 in November.  Pretty similar to last year’s 52 condos and equal to the 54 sold condos in December of 2010.  The inventory rose to 630 condos (up 13 from November) which is 43 condos less than were available last year.  This is the third month of increasing inventory.  If sales do not pick up by an appreciable amount, the increase in inventory will continue to drive prices down.  As evidenced by the median sales price dropping to $100,950 for December of 2012 (Was 110,000 in Dec 2011)   The median listing price was also off to $175,000.  Whether this is just seasonal drop during the holiday season remains to be seen.  Typically we get more higher end condo sales in the spring season.

The one month absorption rate decreased to 11.7 months, while the three-month average is at 12.1 months.  Still a very challenging market for condo sellers.  But quite attractive opportunities for buyers.  We need to see a sustained absorption rate below 9 months for a healthy market and down to 6 or 7 months to be considered a balanced one.

[singlepic id=3239 w=800 h=600 float=center]
  

 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.

[singlepic id=3240 w=800 h=600 float=center]

[singlepic id=3241 w=800 h=600 float=center]

[singlepic id=3242 w=800 h=600 float=center]

 

Data compiled from the Realtor Association of Martin County

See the full set of charts at Treasure Coast FL Homes

Martin County Florida Condo Market Report for December 2012

the Gabe Sanders real estate team

Condo 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


Martin County Florida Residential Market Report for December 2012

01.28.13 by

Martin County Florida Residential Market Report for December 2012

 

Commentary:

The Martin County Florida residential market report for December 2012 showed strong activity. In a month that typically is slow by historical standards, 166 homes closed, 6 homes better than 2011 and 18 homes better than 2010.  All this with an inventory of available homes now down by close to 50% from 2010.

Average and median sales prices were down for December.  The inventory of available homes showed an unexpected drop this month after a rise in November.  Considerably under the 1426 homes that were on the market in December of 2011 (and the 2764 homes in December of 2007). The one month absorption rate for December remained steady at 6.9 months, while the three-month average dropped to 7.1 months. A 6 month absorption rate is considered to be a balanced market, so we remain in a slight buyers market in Martin County.

January’s showing activity remains strong.  Some fairly positive economic data and strong positive Wall Street news should signal continuing positive real estate activity for the next few months.  Currently, I’m seeing issues with short sales as the banks seem to be reading the national statistics of increasing prices and are currently pricing many of their short sales at initially unacceptable levels.

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

[singlepic id=3243 w=800 h=600 float=center]

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.

[singlepic id=3244 w=800 h=600 float=center]

[singlepic id=3245 w=800 h=600 float=center]

[singlepic id=3246 w=800 h=600 float=center]

 

Data compiled from the Realtor Association of Martin County

See the full set of charts at Treasure Coast FL Homes

Martin County Florida Residential Market Report for December 2012

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

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, December 2012

01.25.13 by

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, December 2012

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for December 2012

 

For December 2012 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 26 active condo listings. (Unchanged from November)

[singlepic id=3196 w=600 h=600 float=center]

[singlepic id=3197 w=600 h=600 float=center]

 

10 Condo sales are pending and awaiting close or lender approval. (No change from November)

[singlepic id=3198 w=600 h=600 float=center]

 

  2 Condos sold in December (An increase of 1 condo from November)

[singlepic id=3199 w=600 h=600 float=center]

[singlepic id=3200 w=600 h=600 float=center]

[singlepic id=3201 w=600 h=600 float=center]

[singlepic id=3202 w=600 h=600 float=center]

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  December showed very little change from last month (which showed very little change from the previous months as well).  In fact the only change was an increase to 2 closed sales from 1 the previous month.

The one month absorption rate is up to 13 months, signifying that it’s still a buyers market.  But this will almost certainly change in the coming months.   Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.  But, with such low numbers, these indicators can easily be misleading.

The December 2011 numbers were:  37 active listings, 7 pending sales and 5 closed sales.  Not quite as robust as last year even when factoring in the smaller inventory of available homes.



Search here for Hobe Sound Florida Real Estate for Sale ( Condos)
Search for Martin County Real Estate

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, December 2012

 

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, December 2012

01.22.13 by

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, December 2012

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for December 2012

 

For December 2012 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 65 active listings. ( An increase of 9 condos from November)

[singlepic id=3203 w=600 h=600 float=center]

[singlepic id=3204 w=600 h=600 float=center]

 

17 Condo sales are pending and awaiting close or lender approval. (Up 1 condo from November)

[singlepic id=3205 w=600 h=600 float=center]

 

5 Condos Sold (Decreased by 3 condos from November)

[singlepic id=3206 w=600 h=600 float=center]

[singlepic id=3207 w=600 h=600 float=center]

[singlepic id=3208 w=600 h=600 float=center]

[singlepic id=3209 w=600 h=600 float=center]

 


The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market.  For the past two months there has been a significant jump in available inventory.  Up by more than 50%.  Unfortunately neither closed or pending sales have kept up with this rise as sales were off by 2 condos and pending sales rose by only one.  It remains to be seen if the increased inventory will find it’s ay to completed sales as buyers come into the winter market.

The one month absorption rate for the December 2012, Jensen Beach Florida Market Report ZIP Code 34957 is 13 months.  A strong buyer’s market.  Typically, a 6 month absorption rate is considered balanced, favoring neither the buyer or seller.

The December 2011 numbers were: 65 active listings, 11 pending sales and 6 condos closed.  Very similar numbers to this year.


Search here for Jensen Beach Real Estate for Sale


Jensen Beach Florida Real Estate presented by:
Gabe Sanders

 

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, December 2012

Palm City Florida Market Report ZIP Code 34990 – Condo, December 2012

01.19.13 by

Palm City Florida Market Report ZIP Code 34990 – Condo, December 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for December 2012

 

For December 2012 in the 34990 Zip Code area of Palm City, Florida :



There are currently 63 active condo listings. (An increase of 2 condos from November)

[singlepic id=3210 w=600 h=600 float=center]

[singlepic id=3211 w=600 h=600 float=center]

 

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

[singlepic id=3212 w=600 h=600 float=center]

 

3 Condos Sold in December. (Down 2 sales for November)

[singlepic id=3213 w=600 h=600 float=center]

[singlepic id=3214 w=600 h=600 float=center]

[singlepic id=3215 w=600 h=600 float=center]

[singlepic id=3216 w=600 h=600 float=center]

The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes.  Thus making meaningful market comparisons somewhat difficult as small changes can have a great effect on the percentages and results.  For December, sales were off to 3 closed, from 5 the previous month. Pending sales were also off slightly.  The inventory of available condos for sale has taken another small increase for the second month in a row.
 
The current absorption rate for condos in the 34990 zip code area is 21 months.  A very strong buyers’ market, as a balanced market is considered to be an absorption rate of around 6 months.
 
The December 2011 numbers were: 65 active listings, 3 pending sales and 1 closed sales.   Better activity this year as compared to the end of 2011.

 

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


Palm City Florida Real Estate presented by:
Gabe Sanders

 

Palm City Florida Market Report ZIP Code 34990 – Condo, December 2012

Suntide Condo on Hutchinson Island

01.15.13 by

Suntide Condo on Hutchinson Island

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.

 

Suntide Condo on Hutchinson Island

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

Palm Cove Golf and Yacht Club January 2013 Market Update

01.14.13 by

Palm Cove Golf and Yacht Club January 2013 Market Update

There are currently 22 homes actively listed in Palm Cove Yacht and Golf Cub for December, 2012 in Palm City, Florida.  The average list price is $573,086 at $178.40 per square foot of living area.

There are 4 homes under contract awaiting closing.  The average list price is $418,225 at $145.83 per square foot of living area.

In the past 12 months, 15 homes have sold in Palm Cove Yacht and Golf Cub with an average sales price of $543,593 at $157.23 per square foot of living area.

Palm Cove Golf and Yacht Club in palm City Florida

The Palm Cove Golf and Yacht Club in Palm City Florida includes 206 residences, ranging from spacious condos with garages to townhomes, fairway homes to multimillion dollar waterfront homes on the shores of the north fork of the wide Saint Lucie River.

Palm Cove Golf and Yacht Club in palm City Florida

This magnificent community boasts a championship Chi Chi Rodrigues designed golf course. Memberships are available to both residents and non-residents and membership is not mandatory.  In addition to golf, boaters enjoy a 93 slip deep water marina with docks available for over 50’ vessels.

Palm Cove Golf and Yacht Club in palm City Florida

There’s a magnificent club house located riverside by the marina.  Residents enjoy 24 hour security from the manned gated entrance.  The Palm Cove Golf and yacht Club is separated into two main sections.  Fairway homes are on the south side of Mapp Road with the entrance across the main entrance to palm Cove and is controlled by remote from the main security gate.

Palm Cove Golf and Yacht Club in palm City Florida

In the main section, are the estate homes, town-homes at Island creek as well as the condos at ‘the Links’.   Homes range from 1500 sq. ft. town-homes with 2 bedrooms, 2 bathrooms and 2 car garages all the way up to 6,000 sq. ft. plus waterfront residences with 5 bedrooms, office, 6 and ½ bathrooms and 3 car garages.  Home owner (HOA) fees vary from section to section.  The estate homes run approximately $450 per month, while in the fairways section they are around $550 per month, but include landscaping.  For a complete list of fees, please give us a call.

Palm Cove Golf and Yacht Club in palm City Florida

Palm Cove families enjoy a quiet secluded lifestyle yet are close to shopping, restaurants and the beaches of Martin County.  Children attend an ‘A’ rated Martin County school system to the following schools:  Bessey Creek elementary, Hidden Oaks middle and Martin County High.

Currently, these homes are available for sale in the Palm Cove Golf and Yacht Club

 

For any questions you may have about the palm Cove Yacht and Golf Club in Palm City Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate

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

Palm Cove Golf and Yacht Club January 2013 Market Update

The Yacht and Country Club of Stuart January 2013 Market Report

01.13.13 by

The Yacht and Country Club of Stuart January 2013 Market Report

January 2013 Market Update:

There are 18 homes currently for sale in the Yacht and Country Club of Stuart.  Listing prices are from $175,000 to $699,000. (Average of $138.29 per square foot of living area)

There are currently 8 homes under contract ranging in listing price from $127,000 to $399,000.  (Average of $95.27 per square foot of living area)

35 homes have sold in the past 12 months.  Ranging in sales price from $109,900 to $890,000 (the average sales price was $294,301 or $112.23 per sq. ft. of living area).


The Yacht and Country Club of Stuart, Florida Golf Course

One of the first gated golf communities in Martin County, the , Florida remains among the preeminent communities on Florida’s Treasure Coast for both the golf and yachting enthusiast.  This fine gate guarded community boasts water front homes that are only minutes from the Saint Lucie inlet and the Atlantic Ocean.  Easy access for day trips to the Bahamas and back and a true fisherman’s paradise.

The Yacht and Country Club of Stuart, Florida Clubhouse

The ‘Stuart’ golf course at the Yacht  & Country Club of Stuart, Florida features a professional 18 hole course with 6,466 yards of golf from the longest tees for a par of 71 . The course rating is 71.2 and it has a slope rating of 125 on Bermuda grass. Driving range and putting greens are also provided at this club.

The Yacht and Country Club of Stuart, Florida Canal

The clubhouse at the Yacht and Country Club of Stuart offers a professionally appointed fitness center with a a resident massage therapist.  Tennis is provided by ix lighted Har-tru tennis courts and also residents are provided with two lighted croquet lawns.

The Yacht and Country Club of Stuart, Florida Homes

There is a heated swimming pool open daily and water aerobics is offered on a weekly basis. The Yacht and Country Club of Stuart has a formal Dining Room that has earned itself a reputation as one of Stuart’s finest dining establishments. Also offered is the “Grill Room” for those who would like to enjoy a more casual dining experience.

The Yacht and Country Club of Stuart, Florida Homes

Truly a wonderful place to call home.

 

Search here for available homes in the Yacht and Country Club of Stuart, Florida
Yacht and Country Club of Stuart, Florida - Homes for Sale

The Yacht and Country Club of Stuart January 2013 Market Report

Stuart Florida Market Report ZIP Code 34994 – Residential, December 2012

01.10.13 by

Stuart Florida Market Report ZIP Code 34994 – Residential, December 2012

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for December 2012

For December, 2012 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 75 active listings (Up 4 from November).

[singlepic id=3175 w=600 h=600 float=center]

[singlepic id=3176 w=600 h=600 float=center]

 

27 Residential sales are pending and awaiting close or lender approval (Down 8 from November).

[singlepic id=3177 w=600 h=600 float=center]

 

14 Homes Sold in December (Up 10 homes from November)

[singlepic id=3178 w=600 h=600 float=center]

[singlepic id=3179 w=600 h=600 float=center]

[singlepic id=3180 w=600 h=600 float=center]

[singlepic id=3181 w=600 h=600 float=center]

The 34994 ZIP code area of the Stuart, Florida real estate market finished off 2012 with a good month for closings (up 10 from November).  Inventory has crept up again for the third month in a row which makes more homes available for buyers.  This is a good indication of more potential sellers entering the market giving a better choice for potential buyers in the 34994 zip code area of Stuart, FL.  Pending sales cooled reflecting reduced traffic during the holiday season.

The one month absorption rate for the 34994 zip code for December was 5.36 months. which signifies a sellers market.

The December 2011 numbers were 87 Active Listings, 31 pending sales and 7 closed sales.  Other than a slightly lower pending sales numbers, considerably better sales and less inventory.

 

Search here for Stuart Florida Real Estate for Sale

 

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

 

Stuart, FL Real Estate

Rental Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

 

Stuart Florida Market Report ZIP Code 34994 – Residential, December 2012

Rocky Point December 2012 Market Report

01.08.13 by

Rocky Point December 2012 Market Report

The Rocky Point December 2012 Market Report for Stuart Florida:

There are currently 32 active listings in Rocky Point.  The average list price is $458,907 based on $176.01 per square foot of living area.

13 homes are under contract (pending sales).  The average list price is $165,461 at $137.35 per square foot.

In the past 12 months, 74 homes have sold in Rocky Point at an average sales price of $237,628 at $120.70 per square foot of living area.
The highest priced sale was $1,180,000 and the lowest was $54,900. 

Rocky Point Homes for Sale in Stuart, Florida

 Rocky Point real estate

 

Rocky Point in Stuart, FL is a wonderful boating oriented community located just off the Saint Lucie Inlet in beautiful Martin County Florida.  Originally a fishing village because of it’s proximity to the Atlantic Ocean; Rocky Point is now a wonderful family community with a variety of different neighborhoods.  Most of Rocky Point is still oriented towards fisherman and boaters with many of the neighborhoods having access to docks, marinas and/or boat ramps.  Some neighborhoods have deeded dock rights as well as privately owned ramps and launch facilities.  There is also a selection of some luxury waterfront homes with private docks located only a short few minutes cruise to the open Ocean via the Saint Lucie Inlet and within a day’s round trip to the Bahamas.

 Rocky Point real estate

Bordering Rocky Point to the north and west is the Manatee Pocket.  Home of the original Stuart Sailfish fleet (Stuart continues to proudly boast that it’s the ‘Sailfish Capitol of the World’).  Now home to a number of Marinas, Charter fleets and the famous Chapman School of Seamanship as well as quite a few excellent restaurants serving the freshest seafood arriving from the Ocean straight to the kitchens daily.

 Rocky Point real estate

All this in wonderful family friendly neighborhoods within Martin County’s ‘A’ rated schools system. 

Rocky Point real estate

One of the highlights of the year for Rocky Point is the Port Salerno Seafood Festival.  Held yearly in the winter, this free festival fills the streets of Historic Port Salerno.  In addition to serving up the area’s freshest and tastiest seafood, live music, community booths, arts & crafts, activities for the kids, pirates and more keep the entire family entertained the whole day.        

Rocky Point real estate Admission is FREE, though attendees are asked to bring canned goods in exchange for zero admission to benefit a food drive for local food banks.

 Rocky Point real estate

 

 

Search the Martin County MLS
Search here for available homes in Rocky Point

 

Find the Perfect Home for Sale Today

Prices are low and the inventory has been shrinking.  Don’t miss the opportunity of a lifetime.  Search instantly for any size, location, price range to get you the BEST deal around!!!

courtesy of:
the Gabe Sanders real estate team

Stuart Florida Real Estate
 

Rocky Point December 2012 Market Report

 

Martin County Florida Condo Market Report for November 2012

12.30.12 by

Martin County Florida Condo Market Report for November 2012

 

Commentary:

The Martin County Florida Condo Market for November 2012 showed some improvement from last year, but continues to struggle in a difficult market.  Sales for November were 47 units down slightly from the 50 in October.  Though, considerably better than November of 2011 during which we saw only 35 sales.  The inventory rose to 617 condos (up 43 from October) which is about 60 condos less than were available last year.  I am anticipating a greater increase in inventory as many condo owners try to maximize the seasonal impact of this market.  The median sales price was up in November to $125,000 after taking a sizable drop in October which had dipped to $114,750.  Last year in November the median sales price was $112,500.

The one month absorption rate is up to 13.3 months, while the three-month average is at 12.9 months.  Still a very challenging market for condo sellers.  But quite attractive opportunities for buyers.  We need to see a sustained absorption rate below 9 months for a healthy market and down to 6 or 7 months to be considered a balanced one.

Currently, the condo market is under-performing as compared to our residential market and the condo markets of our southern neighbors.  I do expect this trend to stop as buyers realize the bargains currently available in the Martin County condo market.

Absorption Rate  

 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.

Quantity Graph

Price Graph

Trend Graph

Data compiled from the Realtor Association of Martin County

See the full set of charts at Treasure Coast FL Homes

Martin County Florida Condo Market Report for November 2012

the Gabe Sanders real estate team

Condo 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


Martin County Florida Residential Market Report for November 2012

12.29.12 by

Martin County Florida Residential Market Report for November 2012

 

Commentary:

The Martin County Florida residential market report for November 2012 showed strong activity. In a month that typically is slow by historical standards, 169 homes closed, 34 homes better than 2011 and 57 homes better than 2010.  All this with an inventory of available homes now down by close to 50% from 2010.

Average sales prices took a small dip for November while the median sales prices were higher.  This months inventory showed another increase to 1173 homes (up 24 from October), still down from the 1364 homes that were on the market in November of 2011 (and the 2801 homes in November of 2007). The one month absorption rate for November is 6.9 months, while the three-month average is 7.6 months. A 6 month absorption rate is considered to be a balanced market, so we are once again in a slight buyers market in Martin County.

Showing activity remains strong, though we are currently in the middle of the holiday season which normally is a slower market.

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

Martin County Residential Market Report November 2012

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 Residential Market Report November 2012

 

Martin County Residential Market Report November 2012

Martin County Residential Market Report November 2012

 

Data compiled from the Realtor Association of Martin County

See the full set of charts at Treasure Coast FL Homes

Martin County Florida Residential Market Report for November 2012

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

Port Manatee Condo in Rocky Point Sold

12.28.12 by

Port Manatee Condo in Rocky Point Sold

This Port Manatee Condo in Rocky Point Sold has sold on December 21, 2012

There are only 20 units in the Port Manatee Condo Association.  This Port Salerno Condo with 40′ dock is an end unit on the first floor.  All ages welcome and one small pet is permitted.

Looking for a full time home or just a getaway? Are you a boater or fisherman? This is the perfect place for you. Spacious first floor, 2 BR, 2 BA condo in the Manatee Pocket with a deeded 40′ dock (water and electric). Only minutes to the crystal clear waters of the Atlantic Ocean to fish, or to take a quick trip over to the Bahamas. This condo features reasonable fees, spacious grounds with a large community pool overlooking ‘the pocket’, and a free laundry room. Freshly painted and brand new carpets. Light and bright Florida room with water views. One small pet (under 25 lbs.) allowed. Great location, only minutes to the beaches, shopping restaurants and all the amenities that Martin County has to offer. Call for more information.

More Information and Pictures for this Port Salerno Condo with Deeded Dock

Search for all Condos in Rocky Point, Stuart
Search the Martin County MLS

View all of our listings

Florida Real Estate is presented by:
the Gabe Sanders real estate team

Port Manatee Condo in Rocky Point Sold

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, November 2012

12.27.12 by

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, November 2012

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for November 2012

 

For November 2012 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 26 active condo listings. (Down 3 from October)

[singlepic id=3097 w=600 h=600 float=center]

[singlepic id=3098 w=600 h=600 float=center]

 

10 Condo sales are pending and awaiting close or lender approval. (An increase of 3 condos from October)

[singlepic id=3099 w=600 h=600 float=center]

 

  1 Condos sold in November (A decrease of 1 condo from October)

[singlepic id=3100 w=600 h=600 float=center]

[singlepic id=3101 w=600 h=600 float=center]

[singlepic id=3102 w=600 h=600 float=center]

[singlepic id=3103 w=600 h=600 float=center]

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  November showed very little change from last month (which showed very little change from August).  There was only one closed sale, while pending sales were up to 10 indicating a better potential for future closed sales.

The one month absorption rate is up to 26 months, signifying that it’s still a buyers market.  But this will almost certainly change in the coming months.   Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.  But, with such low numbers, these indicators can easily be misleading.

The November 2011 numbers were:  40 active listings, 6 pending sales and no closed sales.  Even in this small slower market segment, we’re still seeing improved activity from last year.



Search here for Hobe Sound Florida Real Estate for Sale ( Condos)
Search for Martin County Real Estate

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, November 2012

 

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, November 2012

12.24.12 by

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, November 2012

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for November 2012

 

For November 2012 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 56 active listings. ( A a large jump of 27 condos from October)

[singlepic id=3104 w=600 h=600 float=center]

[singlepic id=3105 w=600 h=600 float=center]

 

16 Condo sales are pending and awaiting close or lender approval. (Down 6 condos from October)

[singlepic id=3106 w=600 h=600 float=center]

 

8 Condos Sold (Unchanged from October)

[singlepic id=3107 w=600 h=600 float=center]

[singlepic id=3108 w=600 h=600 float=center]

[singlepic id=3109 w=600 h=600 float=center]

[singlepic id=3110 w=600 h=600 float=center]

 


The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market. The most significant statistic for the November 2012 market in Jensen Beach condos in zip code 34957 is the large jump in inventory.  Pending sales were down and closed sales remained unchanged for November.  With such small inventory, as well as the holidays approaching, I’m not expecting too much movement in the next month or so, but with increasing inventory, we’ll probably se some more activity.

The one month absorption rate for the November 2012, Jensen Beach Florida Market Report ZIP Code 34957 is 7 months.  A slight buyer’s market.  Typically, a 6 month absorption rate is considered balanced, favoring neither the buyer or seller.

The November 2011 numbers were: 59 active listings, 12 pending sales and 2 condos closed.


Search here for Jensen Beach Real Estate for Sale


Jensen Beach Florida Real Estate presented by:
Gabe Sanders

 

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, November 2012

Palm City Florida Market Report ZIP Code 34990 – Condo, November 2012

12.21.12 by

Palm City Florida Market Report ZIP Code 34990 – Condo, November 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for November 2012

For November 2012 in the 34990 Zip Code area of Palm City, Florida :



There are currently 61 active condo listings. (An increase of 2 condos from October)

[singlepic id=3111 w=600 h=600 float=center]

[singlepic id=3112 w=600 h=600 float=center]

 

10 Condo sales are pending and awaiting close or lender approval. (Up 1 condo from last month)

[singlepic id=3113 w=600 h=600 float=center]

 

5 Condos Sold in November. (Up 5 from 0 sales for October)

[singlepic id=3114 w=600 h=600 float=center]

[singlepic id=3115 w=600 h=600 float=center]

[singlepic id=3116 w=600 h=600 float=center]

[singlepic id=3117 w=600 h=600 float=center]

The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes.  Thus making meaningful market comparisons somewhat difficult as small changes can have a great effect on the percentages and results.  For November, there were five condos sold, considerable improvement over the previous month which had no sales for condos in Palm City.  Both the available inventory and pending sales increased slightly for November.
 
The current absorption rate for condos in the 34990 zip code area is 12.2 months.  Still a strong buyers’ market, as a balanced market is considered to be an absorption rate of around 6 months.
 
The November 2011 numbers were: 60 active listings, 3 pending sales and 1 closed sales.   Inventory is the same as last year.  Pending and closed sales are both improved for 2012.

 

 

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


Palm City Florida Real Estate presented by:
Gabe Sanders

 

Palm City Florida Market Report ZIP Code 34990 – Condo, November 2012

USA Junior Olympic Sailing Festival in Jensen Beach

12.17.12 by

USA Junior Olympic Sailing Festival in Jensen Beach

USA Junior Olympic Sailing Festival

The U.S. Sailing Center of Martin County continues to grow as they set an attendance record at this year’s 15th annual USA Junior Olympic Sailing Festival which was held last weekend at the Indian Riverside Park in Jensen Beach, Florida.  Over 190 participants from as far as New York and Tortolla, British Virgin Islands attended this event.  The most participants ever for this annual sailing festival.

Open to sailors ranging in age from 8 to 21 with competition in 9 different classes of boats and 2 classes of windsurfers.  Winds for the event favored the light wind specialists as there was an uncharacteristic light wind summer pattern for the weekend.  Over 100 local volunteers helped to make the 15th annual USA Junior Sailing Festival a rousing success, even though many participants would have liked some more wind.

This will be a busy year at the U.S. Sailing Center of Martin County with some great upcoming regattas.  The USODA Opti Team Race Mid Winter Championships are scheduled for Jan 19 to 21.  Feb 16 thru 18 will bring the 420 Mid Winter Championships.  With the Florida State Opti Championships at Opti Fest on March 9 and 10.

 

Jensen Beach Cottage in Indian River Point Sold

12.17.12 by

Jensen Beach Cottage in Indian River Point Sold

Indian River Point in Jensen Beach Florida

This charming updated Jensen Beach Cottage in Indian River Point Sold in 30 days.  The happy new home owners have left the cold north east for a permanent home near the shores of the Indian River in Indian River Point on the Jensen Beach Causeway in Martin County, Florida

Indian River Point in Jensen Beach Florida

Indian River Point in Jensen Beach Florida

If you’re looking for a winter getaway or a full time residence near the ocean with boating access, then you’ve found it here. On the Jensen Beach Causeway, less than 1 mile from the Ocean is this charming and updated 2 Bedroom office/den or 3’rd bedroom, 2 Bath home with an attached 1 car garage. Spacious open living area with lots of space and light. Dining nook and breakfast bar accompanies the updated kitchen with Corian counters. The Office/Den features a wet bar. French doors lead to the private patio and barbecue area. This waterfront community features docks which are available to rent or purchase. There’s a community pool, tennis court and RV/Boat parking as well. Perfect opportunity for a dream Florida lifestyle. Rentals are permitted.

Indian River Point in Jensen Beach Florida

Indian River Point in Jensen Beach Florida

Indian River Point in Jensen Beach Florida

Indian River Point in Jensen Beach Florida

Indian River Point in Jensen Beach Florida is a small waterfront community with 68 homes located on the east side of the Jensen Beach Causeway in Martin County.  This is a waterfront community that offers deep water docks on the shores of the Indian River (the Intracoastal Waterway).  The shores of Indian River Point feature miles log water views towards the Stuart Causeway.

Indian River Point in Jensen Beach Florida

In addition to the docks, Indian River Point has a community pool, tennis court and an area set aside for boat or RV parking.  Low homeowner’s association fees of approximately $300 per moth cover basic cable, lawn and landscaping as well as the common areas.

Indian River Point in Jensen Beach Florida

This waterfront community is less than 1 mile from the crystal clear waters of the Atlantic Ocean at Jensen Beach’s public beach.  A perfect place to call home or as a getaway from those cold northern winters.

Search here for Hutchinson Island Real Estate

Search for Homes

View all of our Listings

Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team

Jensen Beach Cottage in Indian River Point Sold

North River Shores December 2012 Market Update

12.14.12 by

North River Shores December 2012 Market Update

The North River Shores December 2012 Market Update for Stuart Florida:

There are currently 24 active listings in North River Shores.  The average list price is $548,424 based on $204.83 per square foot of living area.

16 homes are under contract (pending sales) Of these, 4 are short sales and no bank owned foreclosures.  The average list price is $264,143 at $137.35 per square foot.

In the past 12 months, 36 homes have sold in North River Shores at an average sales price of $394,916 at $154.58 per square foot of living area.
The highest priced sale was $1,885,750 and the lowest was $60,000.  (8 were short sales and 5 were bank owned sales.)

North River Shores Homes for Sale in Stuart, Florida

 

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.
North River Shores
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

 
Search here for available homes in North River Shores

 

Find the Perfect Home for Sale Today

Prices are low ant the inventory has been shrinking.  Don’t miss the opportunity of a lifetime.  Search instantly for any size, location, price range to get you the BEST deal around!!!

courtesy of:
the Gabe Sanders real estate team

Stuart Florida Real Estate

North River Shores December 2012 Market Update