Florida Townhouses and Condos March 2018 Market Report

Florida Townhouses and Condos March 2018 Market Report

The Florida Townhouses and Condos March 2018 Market Report had weaker activity when compared to last year but remains as a stong market.  Closed sales were down by 1.8% as compared to last month’s increase of 6.4% and new sales under contract (new pending sales) decreased by 3.7% (In February there was an 1.6% increase).

Prices, however, continued their upward march.  Median sales prices were up by 7.0% (was up by 7.2% in February), while the average sales price increased by 5.1% (was up 11.9% in February).

The inventory of active listings decreased by 3.6% from March of last year.  For March 2018 we have 5.9 months of inventory (was 6.0 months in February) and compared to 6.3 months for March 2017.  We remain in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos March 2018 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos March 2018 Market Report

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Townhouses and Condos March 2018 Market Report

Florida Townhouses and Condos February 2018 Market Report

Florida Townhouses and Condos February 2018 Market Report

The Florida Townhouses and Condos February 2018 Market Report continued with stronger activity as compared to the previous year.  Closed sales were up by 6.4% as compared to last month’s increase of 5.9% and new sales under contract (new pending sales) increased by 1.6% (In January there was an 8.1% increase).

Prices also continued their upward march.  Median sales prices were up by 7.2% (was up by 11.7% in January), while the average sales price increased by 11.9% (was up 17.1% in January).

The inventory of active listings decreased by 3.0% from February of last year.  For February 2018 we have 6.0 months of inventory (was 5.9 months in January) and compared to 6.4 months for February 2017.  We remain in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos February 2018 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos February 2018 Market Report

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Townhouses and Condos February 2018 Market Report

Florida Townhouses and Condos January 2018 Market Report

Florida Townhouses and Condos January 2018 Market Report

The Florida Townhouses and Condos January 2018 Market Report showed strong activity to begin 2018.  Closed sales were up by 5.9% as compared to last month’s increase of 6.0% and new sales under contract (new pending sales) increased by 8.1% (In December there was a 3.6% increase).

Prices also continue to rise.  Median sales prices were up by 11.7% (was up by 11.1% in December), while the average sales price increased by 17.1% (was up 17.8% in December).

The inventory of active listings decreased by 4.8% from January of last year.  For January 2018 we have 5.9 months of inventory (was 5.6 months in December) and compared to 6.4 months for January 2017.  We remain in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos January 2018 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos January 2018 Market Report

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Townhouses and Condos January 2018 Market Report

Florida Townhouses and Condos December 2017 Market Report

Florida Townhouses and Condos December 2017 Market Report

The Florida Townhouses and Condos December 2017 Market Report continues to outperform last year’s activity.  Closed sales were up by 6.0% as compared to last month’s increase of 5.8% and new sales under contract (new pending sales) increased by 3.6% (In November there was a 9.3% increase).

Prices continue to go up.  Median sales prices were up by 11.1% (was up by 8.6% in November), while the average sales price increased by 17.8% (was up 0.8% in November).

The inventory of active listings decreased by 4.0% from December of last year.  For December 2017 we have 5.6 months of inventory (was 5.7 months in November) and compared to 6.0 months for December 2016.  We remain in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos December 2017 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos December 2017 Market Report

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Townhouses and Condos December 2017 Market Report

Schooner Oaks January 2018 Real Estate Market Report

Schooner Oaks January 2018 Real Estate Market Report

For January 2018 there are 2 homes for sale in Schooner Oaks in Stuart, FL.  These homes are listed for sale with prices of $262,000 and $290,000 for an average list price of 276,000 or $135.02 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 5 Schooner Oaks homes have sold.  They sold for a low price of $200,000 to a high price of $547,500 for an average sold price of $299,000 which equals $148.26 per sq. ft. of living area. These homes went under contract in an average of 49 days and sold for 97% of list price.

About Schooner Oaks in Rocky Point:

Schooner Oaks in Rocky Point

The Schooner Oaks community of Rocky Point in Stuart FL is a townhouse style complex under condo association rules.  There are 86 units of varying sizes that were built from 1985 till 1997.

Schooner Oaks in Rocky Point Schooner Oaks in Rocky Point

These townhouses vary from the largest one with 4 bedrooms and 4 bathrooms and 2,140 sq. ft. of living area down to 2 bedroom, 2 bath condos with around 1,400 sq. ft. of living area.  Most units come with an attached single car garage.

Schooner Oaks in Rocky Point Schooner Oaks in Rocky Point

Residents enjoy the use of a clubhouse with billiards, fitness room, heated pool, spa and tennis courts.  There’s a waterfront gazebo with a day dock and fishing pier off the Intracoastal Waterway with views toward the Saint Lucie Inlet of the Atlantic Ocean.

Schooner Oaks in Rocky Point Schooner Oaks in Rocky Point

This is a pet friendly community allowing for up to two large pets.   Rentals are also allowed and there are some vehicle restrictions. The current HOA fees are $570 per month.  These fees cover Assessment Fee, Cable, Common Areas, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Insurance-Other, Janitor, Lawn Care, Legal/Accounting, Maintenance – Repair, Maintenance Exterior, Management Fees, Manager, Pest Control, Pool Service, Reserve Funds, Roof Maintenance and Trash Removal.

Search here for any available Schooner Oaks Condos for sale

Schooner Oaks January 2018 Real Estate Market Report