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

10.26.12 by

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

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

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

There are currently 48 active listings. ( A decrease of 2 condos from August)

30 Condo sales are pending and awaiting close or lender approval. (Up 3 condos from August)

3 Condo Sold (Down 1 from August)

The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market. The current inventory is now very low at only 48 condos available for sale. This might be an excellent time for those who have a need to sell their Jensen Beach condo in zip code 34957.  Pending sales were up marginally and closed sales fell for September by 1 unit. Considering that this is the summer season where the condo market activity is normally slow, this segment continues with good activity.

The one month absorption rate for the September 2012, Jensen Beach Florida Market Report ZIP Code 34957 stands at a very unimpressive 16 months.  Still a strong buyers market, but there just isn’t very much quality inventory.  I’m expecting this to change when some of the pending sales close.

The September 2011 numbers were: 55 active listings, 10 pending sales and 8 condos closed.  Very similar to this years numbers, but better closed activity last year.

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

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, September 2012

10.25.12 by

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, September 2012

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for September 2012

For September 2012 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 128 active listings. (Unchanged from last month)

78 Residential sales are pending and awaiting close or lender approval. (Down 5 homes from August)

25 Homes Sold (Down 1 home from August)

After a very strong spring and early summer for the Jensen Beach residential real estate market, zip code 34957, September was fairly flat.   The inventory was unchanged for September.  Both closed and pending sales decreased slightly.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 is just over 5 months.  This signifies a sellers market, in which the seller has an advantage over the buyer due to low inventory and increased demand.  A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The September 2011 numbers were: 150 active listings, 80 pending sales and 19 home sales closed.  Even with significantly less inventory, much better sales figures for September 2012.

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Jensen Beach Florida Market Report ZIP Code 34957 – Residential, September 2012

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

10.21.12 by

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

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

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

There are currently 62 active condo listings. (A decrease of 1 condo from August)

6 Condo sales are pending and awaiting close or lender approval. (Unchanged from last month)

4 Condos Sold in September. (Unchanged from August)

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 September, the market was basically unchanged from August with only 1 condo less in the active inventory.

The one month absorption rate for the Palm City Florida condo market is 15.5 months.  Still a significant buyers market.
The September 2011 numbers were: 61 active listings, 4 pending sales and 1 closed sales.   Slightly better market activity this September, compared to last, but still plenty of room for improvement.

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

Palm City Florida Market Report ZIP Code 34990 – Residential, September 2012

10.20.12 by

Palm City Florida Market Report ZIP Code 34990 – Residential, September 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for September 2012

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

There are currently 402 active listings (An increase of 2 homes from August)

170 Residential sales are pending and awaiting close or lender approval. (An increase of 9 homes from last month)

33 Homes Sold in September (Decreased by 35 homes from August)

For the Palm City, zip code 34990, area of Martin County Florida activity slowed in September after a super spring.  Closed sales were off by a significant amount (50%).  However, pending sales were up showing some good potential for the fall.  The inventory of available homes for sale increased marginally, but still remain at levels lower than they’ve been in quite a few years.  The market activity remains active, much more so than in the past few years.

The current absorption rate shot up to just over 12 months, which is considered to be a buyers market.  A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.  Much of these numbers are a reflection of the slower activity which is typical for our area in the summer months.

The September 2011 numbers were:  482 active listings, 124 pending sales and 49 closed sales.  Considerably improved market activity for September 2012, especially when the lower inventory is factored into the results.

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Palm City Florida Market Report ZIP Code 34990 – Residential, September 2012

Stuart Florida Market Report ZIP Code 34997 – Condo, September 2012

10.19.12 by

Stuart Florida Market Report ZIP Code 34997 – Condo, September 2012

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for September 2012

For September 2012 in the 34997 Zip Code area of Stuart, Florida :

There are currently 101 active condo listings (An increase of 3 condos form August).

19 Condo sales are pending and awaiting close or lender approval (Down 5 condos from August).

9 Condos Sold in September (A decrease of 6 condos from August).

Reflecting the off season for condos, the Stuart condo market for the area in ZIP code 34997 had a pretty lackluster month for September.  A small increase in inventory and decreases in both pending and closed sales.

The one month absorption rate is at 11.2 months, slipping back into a buyers market.

The September 2011 numbers were: 112 active listings, 16 pending sales and 4 closed sales.  While it was a slow month, still better numbers than from September of 2011.

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for September 2012

Stuart Florida Market Report ZIP Code 34997 – Residential, September 2012

10.17.12 by

Stuart Florida Market Report ZIP Code 34997 – Residential, September 2012

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for September 2012

There are currently 365 active listings (an increase of 33 homes from August).

178 Residential sales are pending and awaiting close or lender approval (A decrease of 17 homes from August).

50 Homes Sold in August (Down 32 homes from August)

After a really good August for the 34997 zip code area of Stuart Florida, numbers were off for September.  A significant jump in inventory, possibly signalling more homes coming on the market for the season as some recent good market news may have some sellers that have delayed their sales decision coming back on the market.  Unfortunately, both pending and closed sales were off.  Possibly this is more a reflection of the off season as opposed to a waning demand.

The current one month absorption rate is just over 7 months, which indicates that we’ve slipped into a buyers market (compared to last month’s 4 month absorption rate)..   Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.
The 2011 numbers were: 503 active listings, 181 pending listings and 60 closed sales.

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Stuart Florida Market Report ZIP Code 34997 – Residential, September 2012

Stuart Florida Market Report ZIP Code 34996 – Condo, September 2012

10.16.12 by

Stuart Florida Market Report ZIP Code 34996 – Condo, September 2012

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for September 2012

For September 2012 in the 34996 Zip Code area of Stuart, Florida :

There are currently 198 active condo listings (Up 8 from last month).

28 Condo sales are pending and awaiting close or lender approval (an increase of 9 condos from August).

8 Condos Sold in September (Down 4 from August)

The Stuart Florida Market Report ZIP Code 34996 for Condos showed its first increase in inventory in some time.  Future sales (pending listings) took a nice jump up to 28 condos while sales were off to only 8 sold condos.  Not an unexpected number considering we are in the off season for condo sales.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo is just under 24 months.  Not a very good number for sellers, but a great opportunity for buyers.  I expect this absorption rate to decrease in the coming months if the strong pending numbers hold up.

The numbers for September 2011 were: 188 active listings, 27 pending sales and 18 closed sales.  Very similar numbers to the current market.

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Stuart Florida Market Report ZIP Code 34996 – Condo, September 2012

Stuart Florida Market Report ZIP Code 34996 – Residential, September 2012

10.15.12 by

Stuart Florida Market Report ZIP Code 34996 – Residential, September 2012

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for September 2012

For September 2012 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 154 active listings (Decreased 12 homes from August).

34 Residential sales are pending and awaiting close or lender approval (Unchanged from August).

7 Homes Sold in September (Up 1 from August).

The 34996 zip code area of Stuart Florida showed a slight increase in sales for September.  Pending sales were unchanged from last month while inventory remained decreased again.  Good results when considering that this is our off season.  The one month absorption rate for the 34996 zip code area of Stuart Florida for September is 22 months, which still has plenty of room for improvement.  A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for September of 2011 were: 177 active listings, 23 pending sales and 12 closed sales.  With the exception of the closed sales, our peding numbers are much better than last year with a considerably lower inventory.

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Stuart Florida Market Report ZIP Code 34996 – Residential, September 2012

Pool Home in Port Saint Lucie Sold

10.07.12 by

Pool Home in Port Saint Lucie Sold

5946 NW Thyer Circle a spacious pool home in Port Saint Lucie sold to happy new owners down from the mid-west.

This house is a must see with four spacious bedrooms, 2 bathrooms, 2 car garage, and large kitchen with all appliances. The house is not the only thing that is a must see though, relax outside in your own private pool with a gorgeous view of the preserves. This home is nothing shy of move in ready. See this home today to start making memories in it tomorrow.

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Pool Home in Port Saint Lucie Sold

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, August 2012

09.26.12 by

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, August 2012

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for August 2012

 

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

There are currently 298 active listings. ( An increase of 19 homes from July)

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55 Residential sales are pending and awaiting close or lender approval (A decrease of 22 homes from July)

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37 Homes Sold in August (An increase of 6 homes from last month)

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For the second month in a row the Hobe Sound real estate market (ZIP Code 33455) had some disappointing results.  While closed sales were up for August, the number of pending sales were off considerably and unlike most other areas of Martin County the inventory rose for the second month n a row.  Whether this is just typical seasonal fluctuations for the Hobe Sound real estate market or a trend diverging from other Martin County areas remains to be seen.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 stands at 8 months.  This is still a buyers market in Hobe Sound.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for August 2011 were:  342 active listings, 54 pending sales and 30 closed sales.   Marginally better numbers this year than last.

 

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Hobe Sound Florida Market Report ZIP Code 33455 – Residential, August 2012

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

09.23.12 by

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

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

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



There are currently 63 active condo listings. (An increase of 1 condo from July)

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6 Condo sales are pending and awaiting close or lender approval. (Down 1 from last month)

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4 Condos Sold in August. (Up 3 from July)

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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 August, closed sales were up 3 units from the one sale of July.  Both pending sales and the inventory only changed by 1 unit for August.
The one month absorption rate for the Palm City Florida condo market is 15.5 months.  Still a significant buyers market.
The August 2011 numbers were: 52 active listings, 5 pending sales and 4 closed sales.   Very similar to this year.  The one statistic to note, unlike most other segments of the Martin County real estate market, the inventory for Palm City condos is up from last year.

 

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

Palm City Florida Market Report ZIP Code 34990 – Residential, August 2012

09.22.12 by

Palm City Florida Market Report ZIP Code 34990 – Residential, August 2012

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for August 2012

 

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


There are currently 400 active listings (A decrease of 16 homes from July)

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161 Residential sales are pending and awaiting close or lender approval. (A decrease of 8 homes from last month)

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68 Homes Sold in August (Increased 5 homes from July)

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For the Palm City, zip code 34990, area of Martin County Florida activity remained strong for August after a super spring.  Closed sales were up again.  Pending sales were off for the first time in a number of months, possibly reflecting the typical seasonal slow down for Palm City Florida during the summer months.  The inventory of available homes for sale also declined again, now at levels approaching those during the height of the real estate boom in the mid 2000’s.  The market activity remains active, much more so than in the past few years.

The current absorption rate is 5.8 months, which is considered to be a balanced market, but sliding towards a sellers market.  A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The August 2011 numbers were:  466 active listings, 139 pending sales and 42 closed sales.  Considerably improved market activity for August 2012, especially when the lower inventory is factored into the results.

 

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Palm City Florida Market Report ZIP Code 34990 – Residential, August 2012

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

09.20.12 by

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

 

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

 

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

There are currently 50 active listings. ( A decrease of 4 condos from July)

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27 Condo sales are pending and awaiting close or lender approval. (Up 4 condos from July)

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4 Condo Sold (Down 1 from July)

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The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market. The current inventory is now very low at only 50 condos available for sale. This might be an excellent time for those who have a need to sell their Jensen Beach condo in zip code 34957.  Pending sales were up marginally and closed sales fell for August by 1 unit. Considering that this is the summer season where the condo market activity is normally slow, this segment continues with good activity.

The one month absorption rate for the August 2012, Jensen Beach Florida Market Report ZIP Code 34957 stands at a very unimpressive 12.5 months.  Still a strong buyers market, but there just isn’t very much quality inventory.  I’m expecting this to change when some of the pending sales close.

The August 2011 numbers were: 51 active listings, 15 pending sales and 5 condos closed.  Other than the significantly larger number of pending sales, the inventory and closed sales are virtually identical.


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

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, August 2012

09.19.12 by

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, August 2012

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2012

 

For August 2012 in the 34957 Zip Code area of Jensen Beach, Florida :

 

There are currently 128 active listings. (Up 15 homes from last month)

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83 Residential sales are pending and awaiting close or lender approval. (Down 11 homes from July)

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26 Homes Sold (Up 4 homes from July)

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Another positive month for the Jensen Beach residential real estate market, zip code 34957.   The inventory increased for August, which is now a positive sign as it was getting very low.  With a little more inventory, buyers will have a better selection of homes to choose from.  Closed sales were up, while pending sales decreased.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 is 4.9 months.  This signifies a sellers market, in which the seller has an advantage over the buyer due to low inventory and increased demand.  A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The August 2011 numbers were: 153 active listings, 75 pending sales and 18 home sales closed.  Even with significantly less inventory, much better sales figures for August 2012.
 

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Jensen Beach Florida Market Report ZIP Code 34957 – Residential, August 2012

Stuart Florida Market Report ZIP Code 34997 – Condo, August 2012

09.18.12 by

Stuart Florida Market Report ZIP Code 34997 – Condo, August 2012

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for August 2012

 

For August 2012 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 98 active condo listings (A decrease of 2 condo form July).

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24 Condo sales are pending and awaiting close or lender approval (Down 4 condos from July).

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15 Condos Sold in August (An increase of 2 condos from July).

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Bucking the trend for the other condo markets in Martin County, the Stuart condo market for the area in ZIP code 34997 had excellent numbers for August of 2012.  Inventory is now down to only 98 units while both pending and closed sales rose.

The one month absorption rate is at 6.5 months, which is basically a balanced market, favoring neither the seller or buyer.

The August 2011 numbers were: 107 active listings, 16 pending sales and 9 closed sales.  A considerable improvement this year from 2011.

 

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for August 2012

 

 

Stuart Florida Market Report ZIP Code 34997 – Residential, August 2012

09.15.12 by

Stuart Florida Market Report ZIP Code 34997 – Residential, August 2012

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for August 2012

 

There are currently 332 active listings (an increase of 2 homes from July).

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195 Residential sales are pending and awaiting close or lender approval (A decrease of 27 homes from July).

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82 Homes Sold in July (Up 32 homes from July)

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Very strong results from the 34997 zip code area of Stuart Florida. This segment of the Martin County real estate market continues to outperform other areas of Martin County.  Closed sales were up significantly for August.   Pending sales were off, most likely because of the high number of closed sales.  The inventory was up by 2 homes in the 34997 zip code of Stuart, Florida.
 
The current one month absorption rate is just over 4 months, which normally signifies a sellers market.   Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.
 
The 2011 numbers were: 484 active listings, 181 pending listings and 56 closed sales.
 
 

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Stuart Florida Market Report ZIP Code 34997 – Residential, August 2012

Stuart Florida Market Report ZIP Code 34996 – Condo, August 2012

09.14.12 by

Stuart Florida Market Report ZIP Code 34996 – Condo, August 2012

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for August 2012

For August 2012 in the 34996 Zip Code area of Stuart, Florida :

 

There are currently 190 active condo listings (Unchanged from last month).

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19 Condo sales are pending and awaiting close or lender approval (an increase of 2 condos from July).

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12 Condos Sold in August (Unchanged from July)

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The Stuart Florida Market Report ZIP Code 34996 for Condos was basically unchanged from July.  The only difference was an increase of 2 pending sales.  We are now in the off peak season for condos and it’s not unusual to see a lower number of pending sales and fewer closed sales for the summer and fall for this segment of Stuart, Florida real estate.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo is just under 16 months.  Still a very strong buyers market for now.

The numbers for August 2011 were: 192 active listings, 29 pending sales and 12 closed sales.  Very similar numbers to the current market.

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Stuart Florida Market Report ZIP Code 34996 – Condo, August 2012

Stuart Florida Market Report ZIP Code 34996 – Residential, August 2012

09.13.12 by

Stuart Florida Market Report ZIP Code 34996 – Residential, August 2012

 

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for August 2012

 

 

For August, 2012 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 166 active listings (Unchanged from July).

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34 Residential sales are pending and awaiting close or lender approval (Up 6 from July).

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6 Homes Sold in August (Down 5 from July).

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The 34996 zip code area of Stuart Florida showed a decrease in sales for August.  Pending sales were up as compared to last month while inventory remained unchanged.  We continued to have some excellent sales in the higher price brackets this month, continuing a trend from July.   The one month absorption rate for the 34996 zip code area of Stuart Florida for August is 33 months, which still has plenty of room for improvement.  A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for August of 2011 were: 160 active listings, 28 pending sales and 9 closed sales.  Unusually better numbers last year than for 2012, compared to other segments of the martin County real estate market.

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Stuart Florida Market Report ZIP Code 34996 – Residential, August 2012

Harbour Pointe Lakeside Home in Palm City Florida Sold

09.04.12 by

Harbour Pointe Lakeside Home in Palm City Florida Sold

This spacious Harbour Pointe Lakeside Home in Palm City Florida Sold.   Thanks to everyone who viewed this home.  The sale price was $350,000

Spacious master suite upstairs with a connecting junior suite that can be a nursery, office, or a 5th bedroom. Two additional bedrooms on 2’nd floor (one oversized – and possible to split in to 2 for a 6th BR). Utility room is conveniently located upstairs. Modern kitchen with breakfast bar and dining nook overlooking the screened lanai with hot tub (stays) all with serene lake views. 8′ doors throughout. Low HOA fees. Oversized garage can accommodate large vehicles or possibly a boat. Conveniently located close to schools, public boat ramps, shopping and turnpike.

ABOUT HARBOUR POINTE:

Harbour Pointe is located in gorgeous Palm City. This gated community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County! Residents enjoy preserve and lake views in spacious custom designed homes. Harbour Pointe is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A’ rated schools of Martin County. Close to shopping, restaurants as well as the beaches of Martin County as well as Harbor Pointe’s proximity to i-95 and Florida’s Turnpike makes it a commuters dream!

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Harbour Pointe Lakeside Home in Palm City Florida Sold

 

 

Willoughby Country Club Home Sold

09.02.12 by

Willoughby Country Club Home Sold

All Willoughby Country Club residents are encouraged to welcome the new owners of 3649 SE Doubleton Drive.   This Willoughby Country Club Home Sold on August 24 for $575,000 by the Gabe Sanders real estate team!

Willoughby Country Club Homes in Stuart Florida

For those with an interest in larger Willoughby Country Club homes, please give us a call as their are a number of attractive homes currently available.

Willoughby Country Club Homes in Stuart Florida

This is a beautifully appointed Estate home in Willoughby Country Club. This home has 3 spacious bedrooms plus a den with 4 full baths.  The den could easily be converted to a 4th bedroom.  The living room features a wet bar and gas heated fireplace.  The kitchen opens up to a breakfast area along with a generous family room.  A heated & screened Pool/Spa area has plenty of covered patio space along with a built-in summer kitchen.  The Master suite includes a large offset sitting room.  Don’t miss the full 3 car garage.  There is a $15,000 initial capital contribution at closing for new purchasers.Social /Tennis membership fees are included in the HOA fees.

Willoughby Country Club Homes in Stuart Florida

Willoughby Country Club Homes in Stuart Florida

Willoughby Country Club Homes in Stuart Florida

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Willoughby Country Club Home Sold