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

07.17.12 by

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

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

There are currently 356 active listings (A decrease of 33 homes from May).

204 Residential sales are pending and awaiting close or lender approval (A decrease of 21 homes from May).

78 Homes Sold in May (Up 25 homes from May)

More good results from the 34997 zip code area of Stuart Florida. This segment of the Martin County real estate market has had an exceptionally strong spring! Inventory took another large drop again in June.  Pending and closed sales were also off somewhat from May’s exceptionally strong results.  The activity is still strong though and compared to last year’s numbers (see below), still very positive.
In June of 2011, there were 528 active listings, 164 pending sales, and 60 closed sales, for the 34997 zip code for Stuart, Florida.

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

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

07.15.12 by

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

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

For June 2011 in the 34996 Zip Code area of Stuart, Florida :

There are currently 159 active listings (A decrease of 14 homes from May).

32 Residential sales are pending and awaiting close or lender approval (Down 1 from May).

8 Homes Sold in June (Down 26 from May).

The 34996 zip code area of Stuart Florida showed fewer sales for June as compared to last month while inventory continues to decline and pending sales remained steady.  Home sales averaged much better price numbers than for the past months and last year as higher-priced homes sold in May.

Comparing the numbers to June 2011, there were 167 active listings, 33 pending and 6 closed sales.  Very similar numbers to this year with less inventory available this year.

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

Waterfront Home in Lighthouse Point Sold

07.14.12 by

Waterfront Home in Lighthouse Point Sold

Updated Home with Deep Water Docks

Join us in congratulating the proud new owner of this Waterfront Home in Lighthouse Point Sold by the Gabe Sanders real estate team in Lighthouse Point, Palm City, Florida

Wonderful opportunity for the serious boater in Lighthouse Point in Palm City. This solid CBS home offers an open split plan with large bedrooms all of which have water views.

An updated kitchen with newer appliances, breakfast bar, and granite counters. 3 Bedrooms, 2 Baths, and a 2 Car Garage. Living room, family room and dining area all open to form a spacious living area that’s perfect for a family or entertaining. Newer roof and appliances.

Spacious screened porch overlooking the waterfront. Room for RV or boat parking. There’s 90′ of waterfront with two docks. Water depth is a minimum of 6′. No fixed bridges to the inlet which is only a short sail away. Close to Palm City’s ‘A’ rated schools, shopping & restaurants, a short hop to Florida’s Turnpike or I-95.

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Waterfront Home in Lighthouse Point Sold

The Yacht and Country Club of Stuart Courtyard Villa has Sold

06.28.12 by

The Yacht and Country Club of Stuart Courtyard Villa has Sold

The Yacht and Country Club of Stuart Courtyard Villa has sold for $160,000.  An exceptional turn key opportunity that the brand new owners of this great Villa are now enjoying.

Have a never-ending vacation of a lifetime in this sunny bright courtyard villa in the Yacht and Country Club of Stuart. Lying adjacent to a full 1 acre of vacant land, this 3 BR, 2 BA, 2 Car Garage home is like having a private oasis. This home is offered fully furnished and even comes with your own golf cart ready for it’s new owner. Located in a guard gated golf course community (with golf membership not mandatory) and conveniently located close to marinas, beaches, shopping and the other amenities that Stuart, Florida has to offer. Community pool, tennis courts and fitness center are also available. Great opportunity for a full time or vacation home at an affordable price. For fishermen & boaters, there’s a 28′ Pro Cat fishing boat that is also available, only minutes away.

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The Yacht and Country Club of Stuart Courtyard Villa has Sold

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

06.26.12 by

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

 

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

 

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

There are currently 285 active listings. ( A decrease of 30 homes from April)

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99 Residential sales are pending and awaiting close or lender approval (A decrease of 8 homes from April)

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43 Homes Sold in May (A decrease of 4 homes from last month)

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The Hobe Sound real estate market (ZIP Code 33455) continued very strong results into May 2012. The inventory decreased significantly this month by 30 homes, while closed sales remained strong and pending sales also showing good future sales providing they close in the near future. The Hobe Sound market has maintained better strength through the late spring season than most segments of the Martin County real estate market.

Last year, in May of 2011, we had 379 active listings, 93 pending sales and 30 closed sales. Considering the fact that there’s almost 100 less homes on the market and sales and pending sales are still better than in 2011, the market in Hobe Sound appears to be healthy and improving.

 

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

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

06.25.12 by

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

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

For May 2012 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
(Due to technical difficulties the April Market Snapshot data was unavailable)

There are currently 58 active listings. ( Up 5 from April)

26 Condo sales are pending and awaiting close or lender approval. (Down 2 condos from April)

8 Condos Sold (Unchanged from April)


The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market. The current inventory remains very low, though there was a small rise this month. Pending sales remain high and closed sales were steady at 8 condos sold for the third month. With an May absorption rate of 7.3 months, the Jensen Beach condo market is very close to a balanced market.

Last May there were 55 active listings, 19 pending sales and 7 closed sales.  With the exception of a higher number of pending sales, basically this market is very similar to last year.

 

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

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

06.24.12 by

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

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

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

There are currently 139 active listings. (Up 5 homes from last month)

82 Residential sales are pending and awaiting close or lender approval. (Up 4 homes from April)

18 Homes Sold (Down 15 from April)

A second slower month for the Jensen Beach residential real estate market, zip code 34957.  Inventory rose incrementally, pending sales were up also, but sales were off by almost 50% from last month.  After a strong spring, it appears we may be off to a slower summer, though the pending sales activity is strong and could reflect in good sales for the coming months if they all close.
The May 2011 numbers were 165 active listings, 71 pending sales and 23 closed sales.  Sales were higher last year, but with a considerably larger inventory, so as a percentage, fairly similar if not marginally better numbers for the May 2012 Jensen Beach residential real estate market (ZIP Code 34957).

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

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

06.23.12 by

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

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

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

There are currently 66 active condo listings. (Down 2 from April)

8 Condo sales are pending and awaiting close or lender approval. (Up 5 from last month)

2 Condos Sold in May. (Up 1 from April)

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.  For May, there was good activity for this market.  Inventory continues to decline.  Both pending and closed sales were up from last month.  For this segment of the Martin County real estate market, we expect to see continued steady activity.  But, with the fairly small market base, we don’t expect to see any major shifts in the market.

Last years numbers for the Palm City (34990 zip code area) Condo market were 58 active listings, 10 pending sales and 2 closed sales.  As opposed to most Martin County markets, inventory is slightly higher from last year.  However, the sales activity has also improved slightly.

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

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

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

06.22.12 by

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

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

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

 

There are currently 462 active listings (An increase of 12 homes from April)

203 Residential sales are pending and awaiting close or lender approval. (A decrease of 25 homes from last month)

70 Homes Sold in May (Increased 21 homes from April)

For the Palm City, zip code 34990, area of Martin County Florida, the strong April continued into May with excellent closed sales.  Pending sales decreased in May which may indicate some slower closed sales in the months ahead.  Inventory was also up slightly as more home owners may realize that this could be an excellent time to sell their home.

Comparing these numbers to May of 2011, when there were 532 active listings, 129 pending sales and 61 homes sold.  Showing an all around improvement from last year, though only moderately better.  Interest levels for buyers remains high in the Palm City market and we are looking for continued strong activity in this market.

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

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

06.21.12 by

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

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

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

There are currently 110 active condo listings (A decrease of 5 condos form April).

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

14 Condos Sold in June (A decrease of 4 condos from April).

A slightly disappointing month for the Stuart condo market for the area in ZIP code 34997.  While inventory decreased to 110 condos both pending and closed sales were also off.  The 34997 zip code area of Stuart contains a fairly good supply of condo communities, but there is definitely a shortage of good inventory which is affecting sales.  The current one-month absorption rate is just under 8 months.  Still a buyer’s market, but close to a balanced market which would be with a 6 to 7-month absorption rate.
Last years numbers were 111 active listings, 30 pending sales and 8 closed sales.  The market is marginally better than May of 2011.  We are now being hampered by lack of inventory.

For more information, visit our website or call us at (772) 888-2885.
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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for May 2012

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

06.20.12 by

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

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

There are currently 389 active listings (A decrease of 18 homes from April).

225 Residential sales are pending and awaiting close or lender approval (A decrease of 20 homes from April).

92 Homes Sold in April (Up 25 homes from April)

More good results from the 34997 zip code area of Stuart Florida. This segment of the Martin County real estate market has had an exceptionally strong spring! Inventory took another drop again in May while pending sales also dropped, most likely reflecting the decrease of seasonal home buyers on the Treasure Coast.  Sales rose to a solid 92 homes for May!  The best month in closed sales for one segment of the market in many, many years.

In May of 2011, there were 548 active listings, 173 pending sales and 53 closed sales, for the 34997 zip code for Stuart, Florida.  Even with almost 150 fewer homes available for sale, closed sales almost doubled for 2012.  A very good case can be made that the market has turned in Stuart, Florida.

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

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

06.19.12 by

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

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

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

There are currently 188 active condo listings (Down 15 from last month).

31 Condo sales are pending and awaiting close or lender approval (A decrease of 21 condos from April).

26 Condos Sold in May (Unchanged from April)

The inventory continues to decline in the Stuart condo market for the area in ZIP code 34996. Sales activity was unchanged from April and pending sales were down significantly from last month. We are approaching the slower time of the year for seasonal condos and it’s not unusual to see a lower number of pending sales and probably fewer closed sales for the summer and fall for this segment of Stuart, Florida real estate.

Compared to last year in May of 2011, the numbers were 211 active listings, 38 pending sales and 22 closed sales.  Considering the inventory is approximately 20% lower than last year, the market activity is very similar and thus better when considering the reduced number of available options in the 34996 Condo market in Stuart, Florida.

Search here for Stuart Florida Real Estate for Sale ( Condos)

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

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

06.18.12 by

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

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

For May 2011 in the 34996 Zip Code area of Stuart, Florida :

There are currently 173 active listings (An increase of 8 homes from April).

33 Residential sales are pending and awaiting close or lender approval (Down 14 from April).

34 Homes Sold in May (Up 26 from April).

The 34996 zip code area of Stuart Florida had an excellent May in terms of closed sales. Pending sales, however, declined and will probably be a predictor of some easing in closed sales for the summer months ahead.  The inventory rose slightly from last month, making a few additional homes available for buyers.

Comparing the numbers to May of 2011, there were 183 active listings, 31 pending sales and 8 closed sales. With the exception of a much better sales activity for may of 2012, the remaining market activity is fairly similar to last May.

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

Governors Landing Pool Home in Hobe Sound has SOLD

06.08.12 by

Governors Landing Pool Home in Hobe Sound has SOLD

Custom-built courtyard, pool home in Governor’s Landing. A stunning entrance leads into a huge lanai/pool area.  This home is on a cul de sac with serene lake views.  The lanai sliders open the home to a spectacular outdoor living area.  Perfect for entertaining.  3 bedrooms and 2.5 baths, with a family room open to the kitchen and breakfast area.  Corian counters.  Spacious master with views to the lanai and a large, double-door walk-in closet.  New AC in 2010. Lanai is plumbed for a summer kitchen. Governor’s landing offers easy ocean access from the private boat ramp – free boat storage – day pier for fishing.  Florida living at its best.

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Governors Landing Home in Hobe Sound has SOLD

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

05.27.12 by

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

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

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

There are currently 315 active listings. ( A decrease of 8 homes from March)

96 Residential sales are pending and awaiting close or lender approval (A decrease of 8 homes from March)

45 Homes Sold in April (A decrease of 4 homes from last month)

The Hobe Sound real estate market (ZIP Code 33455) continued very strong results into April 2012.  The inventory decreased again while closed and pending sales were off only slightly from a strong March. Compared to last April, we had 409 active listings, 89 pending sales and 47 closed sales, we are very similar to last year’s figures, but all this with almost 25% less inventory.

The Hobe Sound real estate market (zip code 33455) has an April absorption rate of 7 months, which is basically a balanced market.  A good and healthy report.

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

Inlet Village Condo in Indian River Plantation has Sold

05.26.12 by

Inlet Village Condo in Indian River Plantation has Sold

This totally updated Inlet Village Condo in Indian River Plantation has been Sold.  Offered for $210,000, this Hutchinson Island Condo in the Inlet Village section of Indian River Plantation is no longer available.  Inlet Village on Hutchinson Island is an excellent condominium complex with 3 buildings and a dedicated community pool on the Intracoastal (the Indian River) shores.  Two buildings are waterfront and the third is just off the water with lakeside views of the golf course at Indian River Plantation as well as sweeping vistas of the Intracoastal.

Stunning top (4th) floor Condo with sweeping lake and golf course views from the impact glass enclosed and air-conditioned Florida room. As well as sweeping Intracoastal views from the front bedroom and entrance of this totally turn-key furnished condo. Just bring your toothbrush, everything else is already in place. Wonderfully updated with Corian counters and newer appliances. Ceramic tile in living areas and wood flooring in the bedrooms. All ages are welcome to this pet-friendly elevator building.

Amenities include a shuttle tram, access to the beach club, tennis courts, a fitness center, and executive golf course. There’s also a full-service marina with dockage for large boats (check availability). Carefree Florida living at its finest!

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Inlet Village Condo in Indian River Plantation has Sold

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

05.25.12 by

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

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

For April 2012 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
(Due to technical difficulties the March Market Snapshot data was unavailable)

There are currently 53 active listings. (Down 15 from March)

28 Condo sales are pending and awaiting close or lender approval. (Up 2 condos from March)

8 Condo Sold (Unchanged from March)

The Jensen Beach Condo market (zip code 34957)  is a fairly small segment of the Martin County condo market.  The current inventory has fallen to new lows with only 53 condos on the market.  Pending sales remain high and closed sales were unchanged from last month.   With an April absorption rate of 6.7 months, this is currently a balanced market.

Last April there were 61 active listings, 20 pending sales and 6 closed sales. Basically unchanged over the year.

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

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

05.24.12 by

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

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

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

There are currently 135 active listings. (Up 11 homes from last month)

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

33 Homes Sold (Down 3 from March)

After a blistering March, the Jensen Beach real estate market (ZIP Code 34957) cooled off a bit for April, but still had some positive results with 33 homes sold.  A modest increase in inventory this month and an unexpected drop in pending sales are stats that we will need to keep an eye on.  Still, quite good numbers when the fairly small inventory is considered.
The April 2011 numbers were 181 active listings, 75 pending sales and 25 closed sales.  Still better than last years numbers.  If the inventory does not grow appreciably in the next few months, I’m not expecting any significant improvement for the Jensen Beach residential real estate market (ZIP Code 34957).

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

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

05.22.12 by

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

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

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



There are currently 66 active condo listings. (Unchanged from March)

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

1 Condo Sold in April. (Down 2 from March)

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. Most of the condos in Palm City are not as attractive to Martin County’s seasonal buyers and tend to be more attractive to a greater number of year round residents. This segment of the market currently is treading water with small changes in all categories.  The only bright note is the single sale this month was one of the higher priced condos in the Admiralty.

Last years numbers for the Palm City (34990 zip code area) Condo market were 58 active listings, 10 pending sales and 2 closed sales.  This segment of the martin County real estate market is just not performing at this time, unlike most of our other areas as well as the residential Palm City market.

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

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

05.20.12 by

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

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

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

There are currently 462 active listings (A decrease of 14 homes from March)

228 Residential sales are pending and awaiting close or lender approval. (An increase of 26 homes from last month)

49 Homes Sold in April (Increased 2 homes from March)

For the Palm City, zip code 34990, area of Martin County Florida, the strong March continued into April with positive movement in all categories. Very strong results!

Comparing these numbers to April of 2011, when there were 524 active listings, 151 pending sales and 59 homes sold, very similar numbers with a significantly smaller inventory, the exception being the much larger number of pending sales, which should translate into higher closed sales soon.

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