Plantation at Sewalls Point September 2018 Market Report

09.18.18 by

Plantation at Sewalls Point September 2018 Market Report

For September 2018 there are two homes available for sale in the Plantation at Sewalls Point.  List prices are $1,495,000 and $1,650,000.  This is an average list price of $1,572,500 which equals $317.13 per sq. ft. of living area.

There are no homes under contract at present in the Plantation at Sewalls Point.

In the past 12 months, there have been only one sale in the Plantation at Sewalls Point.  This home sold for $1,500,000 or $312.43 per sq. ft. of living area.  This home was on the market for 399 days before going under contract.  It sold for 97% of list price.

About Plantation at Sewalls Point:

Aerial of the Plantation at Sewalls PointThe Plantation at Sewalls Point is an exclusive private community of only 21 home sites.  There are 10 large estate sized waterfront lots with deep water docks and views of the Saint Lucie River some with magnificent waterfront views of the Saint Lucie River.  11 smaller non-waterfront home-sites on 1/2 to 1 acre sites.  All homes were custom built by individual contractors/builders from 1994 to the early 2000’s.  Plantation Home 4

Some of Martin County’s most elegant homes can be found in the Plantation at Sewalls Point. Conveniently located close to Indian Riverside Park, the United States Olympic Sailing Center, Deep Water marinas, restaurants, shopping and all of this within an ‘A’ rated school system.Plantation Home 2

The HOA fees depend on the size of the property and range from around $900 a quarter to $1,400.  The Plantation at Sewalls Point is one of the most prestigious communities in Martin County and the Treasure Coast of FL.

Plantation Home 1

Entrance

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Plantation at Sewalls Point September 2018 Market Report

 

Castle Hill Real Estate Market Report September 2018

09.15.18 by

Castle Hill Real Estate Market Report September 2018

There are 2 homes currently for sale in Castle Hill in Sewalls Point, FL.  These homes are listed with prices from $795,000 up to $3,200,000.  This is an average list price of $1,690,000 which works out to $351.90 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months,  only 1 Castle Hill home has sold. The sales price was $600,000 or $204.36 per sq. ft. of living area.  This home was on the market for 211 days prior to going under contract.   It sold for 96% of list price.

About Castle Hill in Sewalls Point FL:

Castle Hill in Sewalls Point

Castle Hill is an exclusive enclave of 46 homes and lots in prestigious Sewalls Point in Stuart Florida.

This community sits in an unparalleled location only minutes from beaches and equidistant from both the Jensen Beach and Stuart causeways.  Close to marinas and launch facilities as well as shopping, restaurants, and schools.

Castle Hill in Sewalls Point Castle Hill in Sewalls Point

Residents of Castle Hill enjoy the good life with low HOA fees (currently $285 per quarter) and a quiet family friendly neighborhood for year round Florida living.  Homes range from multi-million waterfront properties high on the deep Saint Lucie River to half an acre and larger dry home fronts with homes now starting in the high $400,000’s.

It’s an easy ride to either downtown Jensen Beach or downtown Stuart from Castle Hill.  Also, just about equidistant from the public beaches at Jensen and Stuart Beaches.  Only a minute or two to public boat ramps as well as the Olympic Sailing Center and the Indian Riverside Park.  Really a wonderful location which makes Castle Hill such a desired community to call home.

Castle Hill in Sewalls Point Castle Hill in Sewalls Point

Castle Hill was established in the early 1990’s and remains one of the prime locations to call home on the Treasure Coast.

Children attend Martin County schools and currently are zoned for the Felix Williams elementary, Stuart middle and the Jensen Beach high schools.  These are some of the finest schools in the State of Florida.

Castle Hill in Sewalls Point

Here are the currently available homes for sale in Castle Hill

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Castle Hill Real Estate Market Report September 2018

Sewalls Point Single Family Market Report August 2018

09.14.18 by

Sewalls Point Single Family Market Report August 2018

Sewalls Point Real Estate Snapshot, Residential Sales for August 2018

 

There are currently 52 active listings (Up by 2 homes from last month)

Sewalls Point Single Family Market Report August 2018

12 home sales are pending and awaiting close or lender approval (Up by 6 homes from July)

Sewalls Point Single Family Market Report August 2018

3 Homes sold in August (Decreased by 6 homes sales from July)

Sewalls Point Single Family Market Report August 2018

The single-family real estate market in Sewalls Point had a weak month for closed sales but did have an improved number of pending sales.  Hopefully, this will result in greater closed sales volume in the near future.

The absorption rate shot up to 17.3 months, in July was 5.6 months.  Back into a strong buyer’s market for Sewalls Point.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to August 2017, the inventory was 54 homes on the market, 6 pending sales and there were 1 closed sales.  Better activity this year with plenty of room for improvement.

Sewalls Point Single Family Market Report August 2018

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Sewalls Point Single Family Market Report August 2018

 

Sewalls Point Single Family Market Report July 2018

08.10.18 by

Sewalls Point Single Family Market Report July 2018

Sewalls Point Real Estate Snapshot, Residential Sales for July 2018

 

There are currently 50 active listings (Up by 4 homes from last month)

Sewalls Point Single Family Market Report July 2018

6 home sales are pending and awaiting close or lender approval (Down by 4 homes from June)

Sewalls Point Single Family Market Report July 2018

9 Homes sold in July (Increased by 3 homes sales from June)

Sewalls Point Single Family Market Report July 2018

The single-family real estate market in Sewalls Point had increased closed sales for the month but not as many pending sales.  his could be an indication of fewer closed sales in the coming months.

The absorption rate dipped to 5.6 months, in June was 7.7 months.  Transitioning into a seller’s market for Sewalls Point.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to July 2017, the inventory was 43 homes on the market, 8 pending sales and there were 8 closed sales.  Better activity last year with less inventory, except for one greater closed sale for this year.

Sewalls Point Single Family Market Report July 2018

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Sewalls Point Single Family Market Report July 2018

 

Rio Vista in Sewalls Point July 2018 Market Report

07.21.18 by

Rio Vista in Sewalls Point July 2018 Market Report

As of July 2018, there is 1 Rio Vista home for sale in Sewalls Point.  This home was listed for $399,900 or $229.30 per sq. ft. of living area.

There is one home currently under contract. The list price was $429,000 or $235.71 per sq. ft. of living area.  This home was on the market for 114 days before going under contract.

In the past 12 months, 8 Rio Vista homes have sold with sales prices ranging from $365,000 up to $1,450,000 for an average sales price of $770,250 which equals $269.55 per square foot of living area.  These homes averaged 139 days on market before going under contract and sold for 96% of list price.

About Rio Vista in Sewalls Point:

Rio Vista in Sewalls Point

The Rio Vista subdivision of South Sewalls Point spans the mid portion of the South Sewalls Point peninsula from the Indian to the Saint Lucie River.  Starting out at a low elevation on the east up to the higher bluffs of the Saint Lucie River with waterfront homes on both sides and non-waterfront homes in between.  Rio Vista includes those 106 homes and lots that are located on Rio Vista Dr, Lantana Lane, S. Sewalls Point Rd and S River Rd.

Rio Vista in Sewalls Point Rio Vista in Sewalls Point

Homes in Rio Vista were built from 1975 to some newer construction with one just being finished in 2015.  Home sizes range from a low of around 1,500 sq. ft. with either 2 or 3 bedrooms and 2 baths all the way to a 15,000 sq. ft. mansion with 8 bedrooms and 15 bathrooms.

Rio Vista in Sewalls Point Rio Vista in Sewalls Point

The Rio Vista subdivision is part of the town of Sewalls Point and there are no specific amenities or fees that are unique to this portion of Sewalls Point.  The Rio Vista portion of Sewalls Point is a very desirable area in Martin County and remains in great demand for its location, amenities and life style possibilities.

There are no HOA fees in the Rio Vista neighborhood of Sewalls Point as it is within the town city limits.

Click here to search for any Rio Vista homes for Sale in Sewalls Point

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Rio Vista in Sewalls Point July 2018 Market Report

Archipelago of Sewalls Point July 2018 Market Report

07.14.18 by

Archipelago of Sewalls Point July 2018 Market Report

For July 2018 there are 3 homes available for purchase in the Archipelago of Sewalls Point.  The list prices range from $795,000 up to $1,695,000 for an average list price of $1,161,667 or $353.28 per sq. ft. of living area.

There are no homes are currently under contract.

In the past 12 months, there also have been no sales in the Archipelago of Sewalls Point.

Aerial of the Archipelago of Sewalls Point

Located in the prestigious town of Sewalls Point, Florida the Archipelago is a non-gated neighborhood of all waterfront homes with access to the crystal clear waters of the Atlantic Ocean through the Saint Lucie Inlet in Martin County, Florida.  All the homes in the Archipelago are on either the wide waters of the Indian River or located on deep water canals.  The Saint Lucie Inlet to the Atlantic is less than two miles away by water.  Access is maintained by dredging all Archipelago waterways to 6’.  Homes range from modest older frame homes to spectacular estate lots with magnificent views.

 View of the Archipelago of Sewalls Point

View of the Archipelago of Sewalls Point

The link below will take you to all currently available Archipelago homes in Sewalls Point, Florida

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Sewalls Point  Real Estate is presented by:

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July 2018 Archipelago Real Estate of Sewalls Point Market Report

Sewalls Point Single Family Market Report June 2018

07.12.18 by

Sewalls Point Single Family Market Report June 2018

Sewalls Point Real Estate Snapshot, Residential Sales for June 2018

 

There are currently 46 active listings (Down by 5 homes from last month)

Sewalls Point Single Family Market Report June 2018

10 home sales are pending and awaiting close or lender approval (Down by 2 homes from May)

Sewalls Point Single Family Market Report June 2018

6 Homes sold in June (Decreased by 1 homes sales from May)

Sewalls Point Single Family Market Report June 2018

The single-family real estate market in Sewalls Point retreated for the second month in a row.  The inventory of active listings was down as was pending and closed sales.

The absorption rate rose to 7.7 months, in May was 7.3 months.  Remaining in a buyer’s market for Sewalls Point.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to June 2017, the inventory was 57 homes on the market, 14 pending sales and there were 16 closed sales.  Considerably better activity last year in Sewalls Point.

Sewalls Point Single Family Market Report June 2018

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Sewalls Point Single Family Market Report June 2018

 

Sewalls Point Single Family Market Report May 2018

06.14.18 by

Sewalls Point Single Family Market Report May 2018

Sewalls Point Real Estate Snapshot, Residential Sales for May 2018

 

There are currently 51 active listings (Up by 1 homes from last month)

Sewalls Point Single Family Market Report May 2018

12 home sales are pending and awaiting close or lender approval (Unchanged from April)

Sewalls Point Single Family Market Report May 2018

7 Homes sold in June (Decreased by 3 homes sales from April)

Sewalls Point Single Family Market Report May 2018

The single-family real estate market in Sewalls Point retreated a bit for May.  Sales were down while pending sales remained unchanged on just a little higher inventory.

The absorption rate jumped up to 7.3 months, in April was 5 months.  Back into a buyer’s market in Sewalls Point.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to April 2017, the inventory was 60 homes on the market, 22 pending sales and there were 9 closed sales.  Considerably better activity last year in Sewalls Point.

Sewalls Point Single Family Market Report May 2018

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Sewalls Point Single Family Market Report May 2018

 

Sewalls Point Waterfront Lot with Dock Sold

05.18.18 by

Sewalls Point Waterfront Lot with Dock Sold

Sewalls Point FL Waterfront Land

A 1 Acre (0.974) waterfront lot in the desirable Hillcrest development of Sewall’s Point FL with the potential for fabulous water views with a home waiting to be built. There’s a sturdy 500-foot dock in place which has direct ocean access only minutes away at the Saint Lucie inlet to the Atlantic Ocean. This lot is highlighted by picturesque Mossy Live Oaks, Ficus, and Sabal Palms. The location is ideal, just 40 miles north of Palm Beach and halfway between Miami and Orlando. There are 150(+) feet of water frontage on the Indian River (Intracoastal Waterway).

Sewalls Point FL Waterfront Land Sewalls Point FL Waterfront Land

This waterfront lot with ocean access dock only minutes to the Saint Lucie inlet was sold for $899,000.  The buyer was introduced to this property by Gabe Sanders specializing in Stuart Florida real estate.

About Sewalls Point:

Sewalls Point FL Waterfront Land Sewalls Point FL Waterfront Land

Sewall’s Point real estate offers wide water views of the Saint Lucie River, the Indian River, and the Intracoastal Waterway.

The tree-lined streets feature beautiful estate homes, many of which are waterfront with docks.

With a population of about 2,000 residents, Sewall’s Point boasts a high quality of life with small-town character, while offering the amenities of a large town, such as shopping malls, restaurants, big-name chains, three nearby medical centers and more.

  • Enjoy nearby beautiful beaches and an abundance of aquatic activities.
  • Go fishing in one of the many bodies of water surrounding Sewall’s Point.
  • Be a part of the excellent school system in Martin County.
  • Travel only a few minutes by boat to Manatee Pocket a harbor with marinas, waterfront restaurants, and tackle stores.
  • Shop or just browse at the Shoppes of Harbour Bay Plaza featuring specialty shops.
  • Take classes at one of the seven institutions of higher educations within an hour’s drive.
  • Bring your children to the Children’s Museum of the Treasure Coast, offering 12,000 square feet of interactive exhibits.
  • Experience Indian River Park’s famous Interactive Fountain, hiking trails, and pier.
  • Attend one of the many local events held at Indian Riverside Park throughout the year such as Pet Fest and Concerts in the Park held once a month on a Sunday from January through May.

The unique charm of Sewall’s Point real estate is reflected in the variety of homes in Sewall’s Point. Properties to meet the needs and tastes of everyone are found in the Sewall’s Point real estate market. Whether you are looking for an upscale, multi-million-dollar estate or a more modest home, there is something special for everyone in the Sewall’s Point real estate market.

  • Exclusive new subdivisions
  • Unique Riverfront estates
  • Upscale gated communities
  • Custom-built homes
  • Stately homes with private pools
  • Mediterranean- style homes
  • Exquisite waterfront estates
  • Boater’s dream homes

Whatever your style, need, taste or desire in a home, we can meet your Sewall’s Point real estate needs. When you purchase or sell a home within the Sewall’s Point real estate market, we are able to provide you with the expertise you need and the service you want.

Search here for homes in Sewalls Point FL

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Sewalls Point Waterfront Lot with Dock Sold

Sewalls Point Single Family Market Report April 2018

05.10.18 by

Sewalls Point Single Family Market Report April 2018

Sewalls Point Real Estate Snapshot, Residential Sales for April 2018

 

There are currently 50 active listings (Up by 2 homes from last month)

Sewalls Point Single Family Market Report April 2018

12 home sales are pending and awaiting close or lender approval (Decreased by 4 homes from March)

Sewalls Point Single Family Market Report April 2018

10 Homes sold in June (Increased by 6 homes sales from March)

Sewalls Point Single Family Market Report April 2018

The single-family real estate market in Sewalls Point had excellent sales activity for April.  Unfortunately, pending sales were off, so I’m not sure how long this good activity will last.

The absorption rate plunged to 5 months, in March was 12 months.  Transitioning into a seller’s market in Sewalls Point for the first time in quite a while.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to March 2016, the inventory was 65 homes on the market, 18 pending sales and there were 7 closed sales.  Sales activity was better this year, but pending sales are not looking so good.

Sewalls Point Single Family Market Report April 2018

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Sewalls Point Single Family Market Report April 2018

 

Sewalls Point Waterfront Lot with Dock Under Contract

05.06.18 by

Sewalls Point Waterfront Lot with Dock Under Contract

A 1 Acre (0.974) waterfront lot in the desirable Hillcrest development of Sewall’s Point FL with the potential for fabulous water views with a home waiting to be built. There’s a sturdy 500-foot dock in place which has direct ocean access only minutes away at the Saint Lucie inlet to the Atlantic Ocean. This lot is highlighted by picturesque Mossy Live Oaks, Ficus, and Sabal Palms. The location is ideal, just 40 miles north of Palm Beach and halfway between Miami and Orlando. There are 150(+) feet of water frontage on the Indian River (Intracoastal Waterway).

About Sewalls Point:

 Sewall’s Point real estate offers wide water views of the Saint Lucie River, the Indian River, and the Intracoastal Waterway.

The tree-lined streets feature beautiful estate homes, many of which are waterfront with docks.

With a population of about 2,000 residents, Sewall’s Point boasts a high quality of life with small-town character, while offering the amenities of a large town, such as shopping malls, restaurants, big-name chains, three nearby medical centers and more.

  • Enjoy nearby beautiful beaches and an abundance of aquatic activities.
  • Go fishing in one of the many bodies of water surrounding Sewall’s Point.
  • Be a part of the excellent school system in Martin County.
  • Travel only a few minutes by boat to Manatee Pocket a harbor with marinas, waterfront restaurants, and tackle stores.
  • Shop or just browse at the Shoppes of Harbour Bay Plaza featuring specialty shops.
  • Take classes at one of the seven institutions of higher educations within an hour’s drive.
  • Bring your children to the Children’s Museum of the Treasure Coast, offering 12,000 square feet of interactive exhibits.
  • Experience Indian River Park’s famous Interactive Fountain, hiking trails, and pier.
  • Attend one of the many local events held at Indian Riverside Park throughout the year such as Pet Fest and Concerts in the Park held once a month on a Sunday from January through May.

The unique charm of Sewall’s Point real estate is reflected in the variety of homes in Sewall’s Point. Properties to meet the needs and tastes of everyone are found in the Sewall’s Point real estate market. Whether you are looking for an upscale, multi-million-dollar estate or a more modest home, there is something special for everyone in the Sewall’s Point real estate market.

  • Exclusive new subdivisions
  • Unique Riverfront estates
  • Upscale gated communities
  • Custom-built homes
  • Stately homes with private pools
  • Mediterranean- style homes
  • Exquisite waterfront estates
  • Boater’s dream homes

Whatever your style, need, taste or desire in a home, we can meet your Sewall’s Point real estate needs. When you purchase or sell a home within the Sewall’s Point real estate market, we are able to provide you with the expertise you need and the service you want.

Search here for homes in Sewalls Point FL

Search here for Vacant Land in Sewalls Point FL

Sewalls Point Waterfront Lot with Dock Under Contract

Sewalls Landing April 2018 Market Report

04.11.18 by

Sewalls Landing April 2018 Market Report

For April 2018, there are 4 homes available for sale in Sewalls Landing, List prices range from $699,900 up to $1,275,000 for an average list price of $928,700 or $240.28 per sq. ft. of living area.

There are no homes currently under contract in Sewalls Landing.

In the past 12 months, 4 Sewalls Landing homes have sold.  Sales prices ranged from a low of $551,500 up to $668,000 for an average sales price of $607,375 which equals $211.40 per sq. ft. of living area. These sales averaged for 96% of list price and the homes averaged going under contract after 176 days on market.

About Sewalls Landing:

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.
This 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.

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.

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Sewalls Point  Real Estate is presented by:

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Sewalls Landing April 2018 Market Report

Sewalls Point Single Family Market Report March 2018

04.10.18 by

Sewalls Point Single Family Market Report March 2018

Sewalls Point Real Estate Snapshot, Residential Sales for March 2018

 

There are currently 48 active listings (Down by 2 homes from last month)

Sewalls Point Single Family Market Report March 2018

16 home sales are pending and awaiting close or lender approval (Increased by 5 homes from February)

Sewalls Point Single Family Market Report March 2018

4 Homes sold in June (Increased by 1 homes sales from February)

Sewalls Point Single Family Market Report March 2018

The single-family real estate market in Sewalls Point showed increased activity when compared to last month but still has much room for improvement.  The inventory of available homes is now very low and affecting sales activity.

The absorption rate fell to 12 months, in February was 16.7 months.  Remaining in a buyer’s market for Sewalls Point single-family homes.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to February 2016, the inventory was 66 homes on the market, 21 pending sales and there were 9 closed sales.  Better activity last March when there was a greater number of homes for sale.

Sewalls Point Single Family Market Report March 2018

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Sewalls Point Single Family Market Report March 2018

 

Castle Hill Real Estate Market Report March 2018

04.02.18 by

Castle Hill Real Estate Market Report March 2018

There are 2 homes currently for sale in Castle Hill in Sewalls Point, FL.  These homes are listed for $832,000 and $1,250,000 for an average list price of $1,041,000 which works out to $269.50 per sq. ft. of living area.

There is 1 home currently under contract.  The list price was $625,000 or $212.87 per sq. ft. of living area.  This home was on the market for 210 days prior to going under contract.

In the past 12 months, 3 Castle Hill homes have sold. Sale prices ranged from $860,000 up to $910,000 for an average sales price of $880,000 or $217.41 per sq. ft. of living area.  These homes sold in an average of 130 days on market before going under contract and for 96% of the list price.

About Castle Hill in Sewalls Point FL:

Castle Hill is an exclusive enclave of 46 homes and lots in prestigious Sewalls Point in Stuart Florida.

This community sits in an unparalleled location only minutes from beaches and equidistant from both the Jensen Beach and Stuart causeways.  Close to marinas and launch facilities as well as shopping, restaurants, and schools.

Residents of Castle Hill enjoy the good life with low HOA fees (currently $285 per quarter) and a quiet family friendly neighborhood for year round Florida living.  Homes range from multi-million waterfront properties high on the deep Saint Lucie River to half an acre and larger dry home fronts with homes now starting in the high $400,000’s.

It’s an easy ride to either downtown Jensen Beach or downtown Stuart from Castle Hill.  Also, just about equidistant from the public beaches at Jensen and Stuart Beaches.  Only a minute or two to public boat ramps as well as the Olympic Sailing Center and the Indian Riverside Park.  Really a wonderful location which makes Castle Hill such a desired community to call home.

Castle Hill was established in the early 1990’s and remains one of the prime locations to call home on the Treasure Coast.

Children attend Martin County schools and currently are zoned for the Felix Williams elementary, Stuart middle and the Jensen Beach high schools.  These are some of the finest schools in the State of Florida.

Here are the currently available homes for sale in Castle Hill

Castle Hill Real Estate Market Report March 2018

Sewalls Point Single Family Market Report February 2018

03.17.18 by

Sewalls Point Single Family Market Report February 2018

Sewalls Point Real Estate Snapshot, Residential Sales for February 2018

 

There are currently 50 active listings (No change in active listings from last month)

Sewalls Point Single Family Market Report February 2018

11 home sales are pending and awaiting close or lender approval (Increased by 1 homes from January)

Sewalls Point Single Family Market Report February 2018

3 Homes sold in June (Decreased by 3 homes sales from January)

Sewalls Point Single Family Market Report February 2018

The single-family real estate market in Sewalls Point had weaker sales results as compared to both last month and last year.  The inventory of available homes continues to be an issue being at very low levels.

The absorption rate jumped to 16.7 months, in January was 8.3 months.  Going back towards a stronger buyer’s market for Sewalls Point single-family homes.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to January 2016, the inventory was 67 homes on the market, 15 pending sales and there were 5 closed sales.  Better activity last February tough there is a lower number of available homes for sale this year.

Sewalls Point Single Family Market Report February 2018

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Sewalls Point Single Family Market Report February 2018

 

Sewalls Point Single Family Market Report January 2018

02.07.18 by

Sewalls Point Single Family Market Report January 2018

Sewalls Point Real Estate Snapshot, Residential Sales for January 2018

 

There are currently 50 active listings (Up by 4 homes from last month)

Sewalls Point Single Family Market Report Januar

10 home sales are pending and awaiting close or lender approval (Decreased by 3 homes from December)

Sewalls Point Single Family Market Report Januar

6 Homes sold in June (Increased by 3 homes sales from December)

Sewalls Point Single Family Market Report Januar

The single-family real estate market in Sewalls Point rebounded some from a weak December.  The inventory of available homes continues to be an issue being at very low levels.

The absorption rate dropped to 8.3 months, in December was 15.3 months.  Still, a buyer’s market for Sewalls Point single-family homes, though trending in the right direction.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to December 2016, the inventory was 67 homes on the market, 11 pending sales and there were 4 closed sales.  Better activity this year even though there’s less inventory.

Sewalls Point Single Family Market Report Januar

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Sewalls Point Single Family Market Report January 2018

 

Rio Vista in Sewalls Point January 2018 Market Report

01.29.18 by

Rio Vista in Sewalls Point January 2018 Market Report

As of January 2018, there are 3 Rio Vista homes for sale in Sewalls Point.  List prices range from $375,000 up to $1,550,000 for an average list price of $906,967 which works out to $320.59 per sq. ft. of living area.

There are currently no homes under contract.

In the past 12 months, 9 Rio Vista homes have sold with sales prices ranging from $360,000 up to $1,247,000 for an average sales price of $651,889 which equals $253.02 per square foot of living area.  These homes averaged 84 days on market before going under contract and sold for 96% of list price.

About Rio Vista in Sewalls Point:

Rio Vista in Sewalls Point

The Rio Vista subdivision of South Sewalls Point spans the mid portion of the South Sewalls Point peninsula from the Indian to the Saint Lucie River.  Starting out at a low elevation on the east up to the higher bluffs of the Saint Lucie River with waterfront homes on both sides and non-waterfront homes in between.  Rio Vista includes those 106 homes and lots that are located on Rio Vista Dr, Lantana Lane, S. Sewalls Point Rd and S River Rd.

Rio Vista in Sewalls Point Rio Vista in Sewalls Point

Homes in Rio Vista were built from 1975 to some newer construction with one just being finished in 2015.  Home sizes range from a low of around 1,500 sq. ft. with either 2 or 3 bedrooms and 2 baths all the way to a 15,000 sq. ft. mansion with 8 bedrooms and 15 bathrooms.

Rio Vista in Sewalls Point Rio Vista in Sewalls Point

The Rio Vista subdivision is part of the town of Sewalls Point and there are no specific amenities or fees that are unique to this portion of Sewalls Point.  The Rio Vista portion of Sewalls Point is a very desirable area in Martin County and remains in great demand for its location, amenities and life style possibilities.

There are no HOA fees in the Rio Vista neighborhood of Sewalls Point as it is within the town city limits.

Click here to search for any Rio Vista homes for Sale in Sewalls Point

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Rio Vista in Sewalls Point January 2018 Market Report

Archipelago of Sewalls Point January 2018 Market Report

01.25.18 by

Archipelago of Sewalls Point January 2018 Market Report

For January 2018 there are 2 homes available for purchase in the Archipelago of Sewalls Point.  The list prices are $999,900 and $1,895,000 for an average list price of $1,447,450 or $395.78 per sq. ft. of living area.

There are no homes are currently under contract.

In the past 12 months, there also have been no sales in the Archipelago of Sewalls Point.

Aerial of the Archipelago of Sewalls Point

Located in the prestigious town of Sewalls Point, Florida the Archipelago is a non-gated neighborhood of all waterfront homes with access to the crystal clear waters of the Atlantic Ocean through the Saint Lucie Inlet in Martin County, Florida.  All the homes in the Archipelago are on either the wide waters of the Indian River or located on deep water canals.  The Saint Lucie Inlet to the Atlantic is less than two miles away by water.  Access is maintained by dredging all Archipelago waterways to 6’.  Homes range from modest older frame homes to spectacular estate lots with magnificent views.

 View of the Archipelago of Sewalls Point

View of the Archipelago of Sewalls Point

The link below will take you to all currently available Archipelago homes in Sewalls Point, Florida

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Sewalls Point  Real Estate is presented by:

the Gabe Sanders real estate team

January 2018 Archipelago Real Estate of Sewalls Point Market Report

Sewalls Point Single Family Market Report December 2017

01.09.18 by

Sewalls Point Single Family Market Report December 2017

Sewalls Point Real Estate Snapshot, Residential Sales for December 2017

 

There are currently 46 active listings (Down by 1 homes from last month)

Sewalls Point Single Family Market Report December 2017

13 home sales are pending and awaiting close or lender approval (Increased by 4 homes from November)

Sewalls Point Single Family Market Report December 2017

3 Homes sold in June (Decreased by 7 homes sales from November)

Sewalls Point Single Family Market Report December 2017

The single-family real estate market in Sewalls Point had a weak month for closed sales, but did show an increase inpending sales.  The inventory of available homes is now down to historically low numbers.

The absorption rate jumped to 15.3 months, in November was 4.7 months.  Back into a buyer’s market for Sewalls Point single family homes after only a single month in a seller’s market.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to December 2016, the inventory was 62 homes on the market, 10 pending sales and there were 11 closed sales.  Better sales activity last year on a significantly greater invenotry.

Sewalls Point Single Family Market Report December 2017

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Sewalls Point Single Family Market Report December 2017

 

High Point Sewalls Point January 2018 Market Report

01.04.18 by

High Point Sewalls Point January 2018 Market Report

As of January 2016, there are 5 homes available for sale on High Point and High Point Isle in Sewalls Point, FL.   Listing prices range from $699,000 to $3,795,000.  The average listing price is $1,694,978 which equals $406.02 per square foot of living area.

There is 1 High Point home under contract and awaiting close.  The list price was $1,475,000 or $473.97 per sq. ft. of living area.  This home was on the market for 2 days before going under contract.

In the past 12 months, 5 High Point homes have sold.  Sales prices ranged from $720,000 up to $1,800,000 for an average sales price of $1,313,200 which equals $382.20 per sq. ft. of living area and for an average sale price of 91% of the last listed price.  These homes were on the market for an average of 168 days prior to accepting an offer.

About High Point in Sewalls Point FL:

High Point in Sewalls Point, Florida


Located on the southern tip of Sewalls Point, High Point and High Point Isles is an oasis of beautiful homes on high elevation lots yet just minutes away from the clear blue waters of the Atlantic ocean.

High Point in Sewalls Point, Florida
High Point Isles is the eastern section of the High Point peninsula and consists of all waterfront homes in the Intracoastal Waterway and within sight of the Saint Lucie Inlet for access to the Atlantic.  Ringing the south and west circumference of High Point are additional waterfront estates with deep water, high elevation and spectacular views of the Saint Lucie and Indian Rivers.

High Point in Sewalls Point, Florida

The first home in High Point was built in 1963 and homes continue to be built as well as extensively renovated to this day.  There are both deep water estate sized lots (of over 2.5 acres) to interior lots of 1/3 of an acre.

High Point in Sewalls Point, FloridaHome sizes range from 2 bedroom, 2 bathroom cottages of 1,700 sq. ft. to estates of close to 14,000 sq. ft. of living area with 7 bedrooms and 9 bathrooms.

High Point in Sewalls Point, FloridaThere are no HOA fees in High Point and High Point Isles as this community is part of the town of Sewalls Point.  A wonderful community close to the beaches, waterways and many excellent amenities offered in Martin County, FL.

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Sewalls Point  Real Estate is presented by:

the Gabe Sanders real estate team

High Point Sewalls Point January 2018 Market Report