Stuart Florida Market Report ZIP Code 34996 – Residential, November 2011

Stuart Florida Market Report ZIP Code 34996 – Residential, November 2011

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for November 2011

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

There are currently 173 active listings (Up 12 from October).

28 Residential sales are pending and awaiting close or lender approval (Down 7 from October).

14 Homes Sold in November (Up 9 from October).

The 34996 zip code area pf Stuart Florida had a much better November compared to October up to 14 homes from a low of 5 in October.   Inventory also rose by 12 homes and pending sales were off, possibly reflecting a slowdown of activity during the holiday season.  Buyer traffic is remaining strong as many realize that it is an excellent market for home affordability on Florida’s Treasure Coast.

The numbers for November of 2010 were 210 active listings, 29 pending sales and 5 closed sales.  Sales have almost tripled with less inventory available.  An excellent sign for market recovery which we believe is well underway.  Depending on the status of distressed homes (short sales and bank-owned properties), we wouldn’t be surprised to see prices start to inch up in the near future.

Search here for Stuart Florida Real Estate for Sale

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Stuart Florida Real Estate presented by:
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Stuart Florida Market Report ZIP Code 34996 – Residential, November 2011

Stuart Florida Market Report ZIP Code 34994 – Residential, November 2011

Stuart Florida Market Report ZIP Code 34994 – Residential, November 2011

Stuart Real Estate Snapshot for ZIP Code 3499, Residential Sales for November 2011

For November 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 79 active listings (Up 2 from October).

32 Residential sales are pending and awaiting close or lender approval (Down 4 from October).

11 Homes Sold in November (Up 2 from October)

The 34994 ZIP code area of Stuart had a relatively unchanged market from last month.  With inventory up slightly by two homes, pending sales off by 4 and closed sales up by 2.  Comparing the activity to November of 2010 when there were 119 active listings with 32 pending sales and 2 closed sales.   A significantly higher number of sales were completed this year compared to last year even though there were fewer available homes.

With the lower inventory this year, it will be interesting to see what happens as we get into the height of the season in the next few months.

Search here for Stuart Florida Real Estate for Sale

For more information, visit our website or call us at (772) 888-2885.
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the Gabe Sanders real estate team

Stuart Florida Market Report ZIP Code 34994 – Residential, November 2011

Stuart Florida Market Report ZIP Code 34996 – Residential, October 2011

Stuart Florida Market Report ZIP Code 34996 – Residential, October 2011

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for October 2011

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

There are currently 161 active listings (Down 16 from September).

35 Residential sales are pending and awaiting close or lender approval (Up 12 from September).

5 Homes Sold in October (Down 7 from September).

Bucking the trend for the rest of Stuart, the 34996 zip code area had fairly positive results for October 2011, with an increase in pending sales and a decrease in inventory. The only negative was a decrease in closed sales in October.  With lower inventory levels and increased pending sales, we should see some pressure on prices to remain stable for the next few months, provided we don’t have any increase in distressed sales (short sales and foreclosures).

We are rapidly approaching the holiday season.  Normally activity does slow down during this period.

Search here for Stuart Florida Real Estate for Sale

For more information, visit our website or call us at (772) 888-2885.
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Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Stuart Florida Market Report ZIP Code 34996 – Residential, October 2011

Stuart Florida Market Report ZIP Code 34994 – Residential, October 2011

Stuart Florida Market Report ZIP Code 34994 – Residential, October 2011

Stuart Real Estate Snapshot for ZIP Code 3499, Residential Sales for October 2011

For October 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 77 active listings (Up 6 from September).

36 Residential sales are pending and awaiting close or lender approval (Unchanged from September).

9 Homes Sold in October (Up 2 from September)

The 34994 ZIP code area of Stuart continues to do well, especially as compared to the surrounding areas.  While inventory was up by seven homes last month, pending sales remain strong and closed sales were up.  Considering that this is typically a slow time for our area, these are strong results.

We’re not expecting any large changes for the holiday season, possibly some easing of the market.  May have a surprisingly strong new year coming up if the economy will let it happen.

Search here for Stuart Florida Real Estate for Sale

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Our market reports are here!

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the Gabe Sanders real estate team

Stuart Florida Market Report ZIP Code 34994 – Residential, October 2011

Stuart Florida Market Report ZIP Code 34994 – Condo, September 2011

Stuart Florida Market Report ZIP Code 34994 – Condo, September 2011

Stuart Real Estate Snapshot for ZIP Code 3499, Condo Sales for September 2011

For September 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 132 active condo listings (Down 4 from August).

45 Condo sales are pending and awaiting close or lender approval. (Up 2 from last month)

18 Condos Sold in September (Up 2 units from August).

The Stuart condo market for the area in ZIP code 34994 showed a surprisingly strong September 2011 market activity.  All indexes moved in the right direction with lower inventory, higher pendings and sales.  This, even though, typically September is one of the slower months for condo sales in our area.

Sales were mixed both in the higher as well as lower price ranges.  Many buyers feel the bottom of the market is close or possibly already past and are taking advantage of some very good values.

With the height of the season to come, it will be interesting to see what happens!

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

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Our market reports are here!

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

Stuart Florida Market Report ZIP Code 34994 – Condo, September 2011

Stuart Florida Market Report ZIP Code 34994 – Residential, September 2011

Stuart Florida Market Report ZIP Code 34994 – Residential, September 2011

Stuart Real Estate Snapshot for ZIP Code 3499, Residential Sales for September 2011

For September 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 71 active listings (Down 13 from August).

36 Residential sales are pending and awaiting close or lender approval (Up 9 from  August).

7 Homes Sold in September (Up 2 from August)

The 34994 ZIP code area of Stuart is bucking the trend from the rest of Martin County.  While other sections of Stuart showed increasing inventories, decreases in pending sales as well as completed sales, this area of Stuart showed gains across the board. Only one sale was in the medium price range of $400,000’s while the others were under $150,000.  However, some fairly high-priced pending sales awaiting close that we can hopefully report on next month.  The average list-to-sales ratio is a little weak compared to past values at 90% ( or in other words the average sales price is 90% of the listing price). The average days on market also remain a bit high at 217 days.

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Stuart Florida Market Report ZIP Code 34994 – Residential, September 2011

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Stuart Florida Market Report ZIP Code 34996 – Residential, September 2011

Stuart Florida Market Report ZIP Code 34996 – Residential, September 2011

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for September 2011

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

There are currently 177 active listings (Up 17 from August).

23 Residential sales are pending and awaiting close or lender approval (down 5 from August).

12 Homes Sold in September (up 3 from August).

Other than a small rise in sales of 3 homes from August, the 34996 ZIP Code area of Stuart Florida showed an increase in inventory as well as a decrease in pending sales.  How much of this is seasonal as opposed to a reflection of the economy remains to be determined. This increase in inventory may also be attributable to many sellers trying to time the market as well as a reaction from recent relatively good sales for the past spring and summer seasons.  Most efforts to time the market, especially when made in relatively large numbers become self-defeating as in this trying market, this increase in inventory may just drive the market a bit lower. However, for buyers, especially those who can obtain financing, there hasn’t been a more attractive real estate market in decades.  There are some savvy buyers getting excellent deals for homes at prices equivalent to 10 or 11 years ago.This will be an interesting season to watch!

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Stuart Florida Quick Real Estate Search:

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Stuart Florida Market Report ZIP Code 34996 – Residential, September 2011

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Our market reports are here!

Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34994, Residential Sales for June 2011

Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34994, Residential Sales for June 2011

For June 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 79 active listings (Down 10 from May).

36 Residential sales are pending and awaiting close or lender approval (up 5 from last month).

10 Homes Sold in June (up 1 from May)

Residential market activity for the 34994 zip code area of Stuart Florida was strong for June 2011.  Sales were up by one unit to 10, but more importantly over a 10% decrease in inventory as well as a solid increase to 36 pending sales.  All this during a month of fairly bad economic news with a lot of uncertainty as to the future economic conditions of the area.  As the inventory declines, and fewer homes are available, eventually, pressure for increased prices will come.

Search here for Stuart Florida Real Estate for Sale

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Market Report: Stuart Point, Florida Real Estate Snapshot for Zip Code 34994, Residential Sales for June 2011

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

Another Conquistador Condos for Sale in Stuart Florida, SOLD

Conquistador Condos for Sale in Stuart Florida, SOLD

Conquistador is an affordable Stuart treasure.  This unit has the best view of the St. Lucie River in the complex.  This third-floor suite has been recently updated; it is light and bright featuring a 2/2 split plan. Washer/Dryer connections are in place and it is a close walk to the clubhouse which has a new exercise room and an Olympic-size heated pool. The condo is close to beaches, shops, and medical facilities and is next to the 36-hole Martin County Public golf course. There are no pets allowed in this building. This lovely condo was just sold by the Gabe Sanders real estate team for $104,000.
Conquistador is the prime senior location in Stuart Florida. Located on the shores of the wide Saint Lucie River and only minutes from the beaches of the Atlantic Ocean as well as being right next door to the Martin County Municipal Golf Course with easy access to shopping, restaurants, and medical facilities.

Conquistador is a mix of single-family homes (the estates’ section) and 3 story condominiums. The condominiums have access to their own pool areas as well as barbecue areas or the main clubhouse pool.


This is a very active senior community with an active clubhouse with a fitness room, main ballroom, reading library and activities throughout the year. Conquistador is not just a seasonal residence as many owners enjoy the benefits of year-round living in fabulous Martin County with all the amenities that this jewel of the Treasure Coast has to offer.

Search for Conquistador Condos for Sale

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


Conquistador Condos for Sale in Stuart Florida, SOLD

South River Village Condo for Sale in Stuart, Florida – SOLD!

South River Village Condo for Sale in Stuart, Florida Real Estate – SOLD!

611 SW South River Drive, Suite 107 Stuart Florida

Active senior living awaits in this immaculate 2 BR / 2 BA Condo in South River Village, Stuart. This spacious 1’st floor end unit has been maintained incredibly well and is ready for its new owner. This condo comes with a covered carport and is close to the clubhouse & pool. South River Village boasts an ocean access boat ramp with a large day dock along with boat and RV storage. Fully equipped clubhouse with kitchen, ballroom, billiards and a professional workshop with power equipment. Heated pool, tennis courts, and much more. Very conveniently located just minutes from I-95 yet close to shopping, restaurants, medical facilities as well as beaches. An incredible lifestyle awaits either as your full-time home or as a winter getaway from the cold. The price for this wonderful South River Village Condo for Sale in Stuart, Florida is $88,900.

611 SW South River Drive, Suite 107 Stuart Florida

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

South River VillageCondo for Sale in Stuart, Florida Real Estate – SOLD!

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

Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34996, Residential Sales for November 2010

Market Report: Stuart, Florida Real Estate Snapshot for
Zip Code 34996, Residential Sales for November 2010

For November 2010 in the 34996 Zip Code area of Stuart, Florida :

There are currently 210 active listings

29 Residential sales are pending and awaiting close or lender approval.

5 Homes Sold in November

Stuart, FL Real Estate

Rental Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

.

Market Report: Stuart Point, Florida Real Estate Snapshot for Zip Code 34996, Residential Sales for November 2010

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Stuart Florida Real Estate
presented by

the Gabe Sanders real estate team

Inlet Village Condo in Indian River Plantation, Hutchinson Island – Sold

Inlet Village Condo in Indian River Plantation, Hutchinson Island – Sold

This 3rd-floor, 2BR/2BA furnished Inlet Village condominium overlooks multiple lakes and fairways across the Indian River Plantation resort golf course.  The 3rd-floor view from the private screened balcony is simply fabulous, with long vistas across the natural lakes and wide green fairways. Each ocean breeze invites you to come outside and enjoy one of the many on-site resort amenities including golf, tennis, boating, swimming,  bicycling, sandy beaches, shopping, and restaurants, all just steps from your door.  Living in a tropical island paradise is priceless.

Search for all Hutchinson Island Real Estate

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Inlet Village Condo in Indian River Plantation, Hutchinson Island – Sold

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

VilaBella Town-Home Condos in Stuart, Florida

VilaBella Town-Home Condos in Stuart, Florida
 

These new condominiums located in Stuart are just minutes from it all! Located on Central Parkway connecting the two main roads of Kanner Highway and US-1, VilaBella allows residents easy access to all Stuart has to offer but also keeps residents in a peaceful secluded haven. Modern and pet-friendly condominiums feature stainless steel appliances with granite countertops in the kitchen and in the bathrooms. All units have one-car garages and terraces with beautiful views of this well-landscaped gated community. Hurricane shutters are included with all units. Residents can enjoy a spacious clubhouse with picnic areas and a community swimming pool. VilaBella is close to great schools, downtown Stuart and the gorgeous Stuart beaches!


Search Here for VilaBella Town Home Condos for Sale

VilaBella Town-Home Condos in Stuart, Florida

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

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Mariner Cay Yacht Club Homes and Condos for Sale in Stuart, Florida

Mariner Cay Yacht Club Homes and Condos for Sale in Stuart, Florida


Located on the shores of the Manatee Pocket in Stuart Florida, Mariner Cay is a true boaters paradise.  This gated community has 67 private waterfront homes and 89 Condos of various sizes ranging from 2 bedroom units of about 1200 square feet to spacious 3 bedrooms of approximately 2400 sq. ft.  All homes and condos in Mariner Cay have waterfront locations with most having deep water docks only minutes to the blue waters of the Atlantic Ocean through the Saint Lucie inlet.  Some homes overlook the wider waters of the Manatee Pocket with incredible views of the local pleasure and fishing fleet as they make their way to and from the Ocean.

Mariner Cay boasts a fabulously equipped clubhouse with a heated pool and fitness center that has numerous social activities throughout the year.

There is also the full-service Mariner Cay Marina, featuring 51 slips that will accommodate up to an 80′ boat with 6′ draft.  Annual, monthly and daily slips are usually available.  Gas, Electricity, Pump Out, Ice and Beverage services are supplied.  The community and marina offer gated 24/7 security with roving night-time guards.

Located a short dinghy ride from 5 fine restaurants, with all other services only a short ride away.  Mariner Cay is a wonderful place to call home or to stop by for an extended visit.

Mariner Cay Yacht Club Homes and Condos for Sale in Stuart, Florida

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

For more information, visit our website or call us at (772) 888-2885.

Cobblestone Country Club Homes for Sale in Palm City, Florida – SOLD

Cobblestone Country Club Homes for Sale in Palm City, Florida – SOLD
Gourmet Kitchen w/cherry cabinetry, double ovens, center island, granite counters, GE Profile Stainless appliance package, drop lighting, tiled living areas, decorative architectural columns in foyer & dining room, soaring ceilings, spacious master suite with luxurious master bath and large walk-in closets.  This home sits on a private 1/2 acre lot and offers a preserve and golf view.  Other features include 2 zone A/C, 3 car garage, s-tile roof, brick paver drive, zoned automatic sprinkler system, 8 foot raised panel interior doors, security system, cat-5 wiring, and wiring in place for surround sound in the family room and patio areas.  Cobblestone is a gated community of large upscale homes with a guardhouse, roving security, and low Homeowners fees in a private country club setting.  Home of the members-only Fox Club, championship golf course.
Cobblestone Country Club Homes for Sale in Palm City, Florida – SOLD

the Gabe Sanders real estate team

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

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

Search the MLS for Free

Now you can access the MLS using similar tools as Realtors. You are in control of what you want to search for, and you can search the MLS at your leisure. The information you submit in the form below can also be used to put you on an automated system where you’ll be emailed all homes that meet your search criteria. You’ll get internet access to a website that includes pictures, prices, and addresses to real estate that’s listed in the MLS!

Stuart Florida Real Estate

Group One Mortgage in Jupiter, Florida – Claudine Porikos

Group One Mortgage in Jupiter, Florida – Claudine Porikos

With this difficult real estate lending market it’s highly unusual to find a dedicated team of professionals that can do miracles.  Claudine Porikos and her team have saved numerous sales for us when others simply just couldn’t do it.  If you need help in a difficult financial situation call Claudine.  Here is what she has to say:
Excellence of service with Claudine Porikos and Group One Mortgage…
I have been in the Mortgage Industry for seven years and pride myself on providing excellent service. I believe there are several ways that I accomplish this goal:
Availability
Product knowledge

Devotion
Doing what is best for you!!
I am by your side throughout the entire process, beginning to end. Our staff and I look forward to making this the best experience you will ever have and we will remain your mortgage source for life.
I have been a Jupiter resident for over 30 years. I attended Jupiter Elementary, Middle, and High school. I then went on to graduate from Florida Atlantic University with a Degree in Marketing. Now, I am a wife and mother working and residing here in Jupiter.
I love what I do because nothing makes me happier than successfully helping others fulfill their dreams.
 

Group One Mortgage in Jupiter, Florida – Claudine Porikos

 

Search the MLS for FREE just like Realtors do?


Now you can access the MLS using similar tools as Realtors. You are in control of what you want to search for, and you can search the MLS at your leisure. The information you submit in the form below can also be used to put you on an automated system where you’ll be emailed all homes that meet your search criteria. You’ll get internet access to a website that includes pictures, prices, and addresses to real estate that’s listed in the MLS!

Select the area you want and start your search below:


courtesy of:


Gabe Sanders

For more information, visit our website or call us at (772) 888-2885.

Beyond The Lousy Loans

Yes, it’s true, many lenders in recent years have written sub-prime mortgages that could only be expected to default. However, foreclosure is nothing new, and there are myriad reasons that a homeowner might be facing dire straits.

Increasingly, challenges might include economic hardship due to job loss, bad health or divorce, or payments that jumped too high after a rate adjustment, or simply increased cost of living outpacing income.

Whatever the reasons, the best way to avoid foreclosure is to be well educated and prepared before making a home purchase, and anticipating worst-case scenarios before choosing the loan that is right for you.

If default appears inevitable, know that there is help available, with a “short sale” being the last resort for resolution. Such a transaction is called “short,” because the home is sold for less than the amount remaining on the mortgage, and the lender willingly accepts some of the loss.

If you’re facing foreclosure, contact your lender’s loss mitigation department immediately. While you are in the midst of negotiations, keep a log of all phone calls – the date, time, contact person and discussion. Lenders are overwhelmed right now, so be patient and don’t expect an immediate answer.

If you’re down to your last resort and are considering a short sale, you will need an experienced Realtor. Call one in your area that knows how to handle and negotiate short sales.

Understanding real estate dilemmas and their solutions is our business, and we’ll happily share our knowledge with you. Why not visit our website or call us at (772) 888-2885.

Curb appeal gains new importance in selling your home

If you are thinking of home improvements that will offer the best return when you sell your home, you may want to wait before updating the kitchen or adding a new bath.

Your greatest return on dollars invested now could be for increasing a home’s curb appeal. Your goal should be to make the outside of the house look really great so people fall in love with it before they even step out of the car.

Freshly painted trim and new hardware also help a home show well. And landscaping, including well-manicured trees and shrubs, can help older homes compete in the marketplace.

New windows, doors and siding are more expensive improvements but make homes look well-attended. They also help make homes more energy efficient, which is a factor with today’s high energy costs.

During the housing boom, kitchen and bath projects brought a 90 percent return on investment when the home was sold. That’s not true anymore. Now the return is about 70 percent or lower. Remodeling activity peaked in 2006, declined in 2007, and is expected to decline by 4.8 percent a year through 2009, according to the Harvard Joint Center for Housing Studies.

If a remodeling project makes a home stand out from others in a similar price range, it might still be a good idea. But beware of remodeling on the cheap. Inferior cabinets and poor workmanship won’t fool buyers. Home searchers aren’t making snap decisions in these times. They’re taking their time and paying more attention to value.

That being said, go back to improving the appearance of your home from the outside. Potted flowers, trimmed bushes, and an edged lawn are less-expensive projects that give buyers that all-important, positive first impression.

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

Martin County Condominium Market Report

Here are the graphs I’ve compiled from the latest Market Report for Martin County Residential Sales and Listings with data supplied by the Realtor Association of Martin County:

Our 3-month average absorption rate is now at 18.5 months. Single month average is 19.3 for June. Definitely trending in a positive direction. The ideal range for a balanced market is 6 months.
The Definition of Absorption Rate:
The number of weeks it takes to sell the current inventory at the present rate of sales. Knowing your area’s Absorption Rate helps to track trends. Understanding the market and where it is headed is part of our job as real estate professionals. The absorption rate is NOT an exact science. Figuring it is based on the premise that one will be looking for a TREND. It is advised to consistently do the numbers each month, to be able to track a trend.
For June, the average sales price had an uptick for the first time in many months. This is mostly from the mix of condos sold rather than a trend in sales prices. But, it is another positive sign. Listing prices continue to slide lower in reaction to buyer demand.
For additional information about Martin County real estate on Florida’s Treasure Coast, visit our website GabeSanders.com or call us at (772) 888-2885.

Price Reduced on Immaculate Waterfront Pool Home in North River Shores

North River Shores, Stuart – Announcing a price reduction on 2196 NW Fork Road, a 3,989 sq. ft., 3 bath, 3 bdrm 2 story “Solid Concrete Construction”. Now MLS® $850,000 USD – .

For more info, visit our website GabeSanders.com or call us at (772) 888-2885.