February 2016 Market Update for Hunters Creek in Palm City FL

Currently in February, there is no homes on the market in Hunters Creek in Palm City, FL.

There is one home currently under contract (pending sale). This home was listed for $379,900 which is $147.99 per sq. ft. of living area. It went under contract 6 days after it was listed.

There have been 6 homes sold in the past 12 months in Hunters Creek. Sales prices were from $220,000 to $365,000 for an average sale price of $320,000 which equals $141.73 per sq. ft. of living area. These homes sold on average of 94% of the last listed price and were under contract on an average o30 days after being listed.

Hunters Creek in Palm City FL is a gated community of 68 homes located off of Mapp Road just north of the Oak Ridge subdivision and across the road from Harbour Pointe.

Homes in Hunters Creek were first completed in 1990 and the last home was built in 2001. There are no more vacant lots left to be built as this community is fully matured and built out. All homes are custom built and range in sizes from over 3,800 sq. ft. of living area to just under 1,700. From 5 bedroom pool homes on over a ½ acre of land down to 3 bedroom homes on just over a quarter of an acre.

HOA fees are a very reasonable at under $100 per month. This covers the common areas and security gate along with basic cable TV.

Hunters Creek is very conveniently located near the Palm Cove Golf Club as well as quick access to Florida’s Turnpike and I-95. Also, just a few minutes away from the Palm City Bridge with access to downtown Stuart, Jensen Beach and the beaches of the Atlantic Ocean on Hutchinson Island.

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February 2016 Market Update for Hunters Creek in Palm City FL

Stuart FL 34996 Condo Market Report January 2016

02.14.16 by Gabe Sanders

Stuart FL 34996 Condo Market Report January 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for January 2016

For January 2016 in the 34996 Zip Code area of Stuart, Florida :

There are currently 123 active condo listings (Up by 21 condos last month).

37 Condo sales are pending and awaiting close or lender approval (Increased by 6 condos from December).

11 Condos Sold in January (Decreased by 7 condos from December)

The Stuart FL 34996 Condo Market of Stuart started out 2016 with pretty weak numbers as compared to both last year and last month. Sales declined for January, while pending sales were up but still no where near as strong as last year’s numbers.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 decreased to 11.2 months from December’s 5.7 months. A major jump into a buyers market. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for January 2014 were: 125 active listings, 60 pending sales and 23 closed sales. Much stronger activity last year as compared to 2016.

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Stuart FL 34996 Condo Market Report January 2016

Sewalls Point Single Family Market Report January 2016

02.10.16 by Gabe Sanders

Sewalls Point Single Family Market Report January 2016

Sewalls Point Real Estate Snapshot, Residential Sales for January 2016

There are currently 57 active listings (Up by 6 homes since last month)

15 home sales are pending and awaiting close or lender approval (Increased by 2 homes from December)

4 Homes sold in January (Up by 1 sales from December)

The single family real estate market in Sewalls Point remains challenging as many of the homes in this community are in the higher end of the price spectrum or some homes are older and in need of updating and the sellers feel the cache of this exclusive community warrants the listing price.

The current absorption rate dropped to 14.25 months, in December it was 17 months. Still a strong buyers market for Sewalls Point. Though, if the trend for improving sales continue, this may soon come to an end. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to January of 2014, the inventory was 58 homes on the market, 10 pending sales and there were 3 closed sales. With very similar inventory, market activity is better for 2016 than for last year in Sewalls Point, but still plenty of room for improvement.

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Sewalls Point Single Family Market Report January 2016

Crane Creek in Martin Downs January 2016 Housing Market Update

01.30.16 by Gabe Sanders

Crane Creek in Martin Downs January 2016 Housing Market Update

In January of 2016 there are 11 homes actively listed in Crane Creek. List prices range from $350,000 to $770,000 for an average list price of $489,599 or $143.63 per sq. ft. of living area.

There are currently 7 Crane Creek homes are under contract and awaiting settlement, priced from $299,500 to $619,000 or an average list price of $411,357 which is $141.53 per sq. ft. of living area. These homes averaged 76 days on market before accepting the current offer.

In the past 12 months there have been 23 sales in Crane Creek with sales prices ranging from $203,029 to $700,000 for an average sales price of $392,570 or $123.23 per sq. ft. of living area. The average days on market was 93 with a 97% list to sales price ratio.

The coast of Florida on the eastern side offers many wonderful locations. One of the secret attractions is Crane Creek real estate development. This community is found within Palm City. With all the accommodations the Palm City area has to offer it should not be a surprise that a select neighborhood such as Crane Creek real estate properties is a high commodity.

An abundance of parks to soak in the outdoors from a climate that allows for it year round; fields for football, soccer, baseball, softball, lacrosse, tennis and basketball courts, skate rinks and parks, horseshoes, playgrounds, picnic areas, shelters, boat ramps and many more
A wide variety of fishing from saltwater to freshwater, surf to pier to deep water, charter, novice and expert, tournament or hobby
An assortment of arts and culture; musicals, plays, movie theaters, miniature golf, pleasure cruises, restaurants, fine art collections, gift shops, festivals, art shows, museums, theme parks
A large range of shopping experiences including leading retailers, specialty shops, charming boutiques, malls

Crane Creek real estate is situated within Martin Downs Country Club. A gated golf course community, Crane Creek has the finest features needed to make the community as upscale and appealing as possible. However, none of this is forced upon you because membership in the country club is optional.

a spectacular clubhouse
2 championship golf courses
12 tennis courts
2 swimming pools
a fully equipped fitness center

There is also the opportunity to partake in one of the many other conveniences in place at the country club facility. There are a driving range, chipping area, putting green, practice bunker and rental clubs. The Crane Creek real estate in Martin Downs is made up of marvelous and varied homes with something for everyone. The properties involve a wide selection of architectural style and choices from condominiums to estate homes. The parcels also have as much variation with maintenance free lots and large acreage lots. Within minutes from two of Florida’s major thoroughfares, Florida’s Turnpike and I-95, the location of Crane Creek real estate removes the hassle from commuting. In addition to all of these amenities recent business dealings in the Crane Creek real estate area may bring one more amenity. There is talk of an equestrian facility being placed on site within Martin Downs Country Club. In this part of Florida there is fishing, golf and horses. An equestrian facility would bring horse shows and an increase in revenue for locally owned businesses. Come take a look at all of the extras and all of the expected in this community. Furthermore, contact us today so we can put our knowledgeable and professional expertise to work for you as you look into becoming part of the Crane Creek real estate undertaking.

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Crane Creek in Martin Downs January 2016 Housing Market Update

Stuart FL 34996 Condo Market Report December 2015

01.14.16 by Gabe Sanders

Stuart FL 34996 Condo Market Report December 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for December 2015

For December 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 102 active condo listings (Up by 8 condos last month).

31 Condo sales are pending and awaiting close or lender approval (Decreased by 1 condos from November).

18 Condos Sold in December (Increased by 2 condos from November)

The Stuart FL 34996 Condo Market of Stuart continues to do well. Another increase in inventory that we were in bad need of. And, pending and closed sales continue to do well.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 decreased to 5.7 months from November’s 5.9 months. A small move towards a sellers market. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for December 2014 were: 142 active listings, 47 pending sales and 21 closed sales. Somewhat slower market activity for 2015 as compared to last year, though in large measure due to the reduced inventory of available condos for sale.

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Stuart FL 34996 Condo Market Report December 2015

Sewalls Point Single Family Market Report December 2015

01.10.16 by Gabe Sanders

Sewalls Point Single Family Market Report December 2015

Sewalls Point Real Estate Snapshot, Residential Sales for December 2015

There are currently 51 active listings (Down by 11 homes since last month)

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

3 Homes sold in December (Down by 5 sales from November)

The single family real estate market in Sewalls Point had a poor month for closed sales in December, though other indications of future activity look very positive. The inventory is down to a much more reasonable level from past months and pending sales are also looking very positive.

The current absorption rate climbed to 17 months, in November it was 7.8 months. a strong buyers market for Sewalls Point. Though, if the trend for improving sales continue, this may soon come to an end. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to December of 2014, the inventory was 57 homes on the market, 8 pending sales and there were 18 closed sales. Considerably better closed activity last year for the Sewalls Point single family home market, though pending sales look better this year.

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Sewalls Point Single Family Market Report December 2015

Stuart FL 34996 Condo Market Report November 2015

12.13.15 by Gabe Sanders

Stuart FL 34996 Condo Market Report November 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for November 2015

For November 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 94 active condo listings (Up by 15 condos last month).

32 Condo sales are pending and awaiting close or lender approval (Increased by 3 condos from October).

16 Condos Sold in November (Decreased by 10 condos from October)

The Stuart FL 34996 Condo Market of Stuart continues to do well. The inventory had a nice increase, now two months in a row, as well as an increase in the number of pending sales. Unfortunately, closed sales were off for November. Though, I suspect the number of sales will rise dramatically as we enter the season in the next few months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 5.9 months from October’s 3.0 months. Approaching a balanced market after numerous months of a very strong sellers market. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for November 2014 were: 144 active listings, 48 pending sales and 24 closed sales. Much better closed and pending volume last year, though the inventory of available condos is still lower by a considerable margin.

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Stuart FL 34996 Condo Market Report November 2015

Sewalls Point Single Family Market Report November 2015

12.09.15 by Gabe Sanders

Sewalls Point Single Family Market Report November 2015

Sewalls Point Real Estate Snapshot, Residential Sales for November 2015

There are currently 51 active listings (Down by 11 homes since last month)

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

3 Homes sold in November (Down by 5 sales from October)

The single family real estate market in Sewalls Point had a poor month for closed sales in November, though other indications of future activity look very positive. The inventory is down to a much more reasonable level from past months and pending sales are also looking very positive.

The current absorption rate climbed to 17 months, in October it was 7.8 months. a strong buyers market for Sewalls Point. Though, if the trend for improving sales continue, this may soon come to an end. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to November of 2014, the inventory was 57 homes on the market, 8 pending sales and there were 18 closed sales. Considerably better closed activity last year for the Sewalls Point single family home market, though pending sales look better this year.

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Sewalls Point Single Family Market Report November 2015

Stuart FL 34996 Condo Market Report October 2015

11.13.15 by Gabe Sanders

Stuart FL 34996 Condo Market Report October 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for October 2015

For October 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 79 active condo listings (Up by 3 condos last month).

29 Condo sales are pending and awaiting close or lender approval (Decreased by 12 condos from September).

26 Condos Sold in October (Decreased by 3 condos from September)

The Stuart FL 34996 Condo Market is bucking the trend for the off season with increased activity for October. Nice to see even a small increase in inventory as this segment of the Stuart condo market remain red hot.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 plunged to 3.0 months from September’s 2.6 months. Continuing as a very strong sellers market. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for October 2014 were: 152 active listings, 50 pending sales and 15 closed sales. We have a long way to go to get inventory levels close to what they were last year. Though even with the reduced inventory, market activity remains very strong.

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Stuart FL 34996 Condo Market Report October 2015

Sewalls Point Single Family Market Report October 2015

11.09.15 by Gabe Sanders

Sewalls Point Single Family Market Report October 2015

Sewalls Point Real Estate Snapshot, Residential Sales for October 2015

There are currently 62 active listings (Up by 8 homes since last month)

9 home sales are pending and awaiting close or lender approval (Decreased by 6 homes from September)

8 Homes sold in October (Up by 3 sales from September)

The single family real estate market in Sewalls Point has shown some steady improvement in the past three months and if this trend continues we may very well find this market to be in balance fairly soon.

The current absorption rate dropped to 7.8 months, in September it was 10.8 months. Still a buyers market for Sewalls Point but has been improving steadily for the past three months. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to October of 2014, the inventory was 45 homes on the market, 8 pending sales and there were 2 closed sales. Considerably better activity this year for the Sewalls Point single family home market.

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Sewalls Point Single Family Market Report October 2015

November 2015 Market Update Stuart West Palm City

11.06.15 by Gabe Sanders

November 2015 Market Update Stuart West Palm City

There are currently 11 homes for sale in Stuart West. List prices range from $$419,000 to 845,000 with an average asking price of $600,236 which is $190.00 per sq. ft. of living area.

There are 6 homes currently under contract. List prices for these homes range from $411,950 to $695,000 for an average list price of $561,141 or $150.44 per sq. ft. of living area. These homes averaged 260 days on market before going under contract.

In the past 12 months, 12 homes have sold in Stuart West. Sale prices ranged from $65,729 to $813,000 with the average sale price being $494,860 which equals a per sq. ft. of living area price of $148.22. These homes sold for an average of 96% of list price and averaged 65 days on the market.

Stuart West is an upscale gated equestrian community located adjacent to the Stuart West and the Fox Club in western Palm City. Just off the I-95 exit, Stuart West is an easy commute for those who work either south or north of Martin County, yet want to enjoy the superior amenities that Palm City has to offer.

Stuart West resides on over 1,000 acres of pristine land with 249 home sites ranging from 2 to over 10 acres. There are over 11 miles of waterways located throughout the community which makes for an idyllic setting for this family friendly equestrian community.

Community amenities include a playground, community boat ramp to the C-23 canal, a 10-acre equestrian center, 24 hour manned security gate (shared with Cobblestone) and security patrols, and an underground cable and routing system for the best high-end internet connectivity. All of this in Martin County’s ‘A’ rated school system. And school bus service is provided inside the community.

Currently, Stuart West’s children attend Citrus Grove Elementary, Hidden Oaks Middle and South Fork High Schools.

Home construction started in Stuart West in 1984 and continues to this day with approximately 52 vacant lots yet to be built upon. Though many of these lots are being kept as pastures by the adjacent homeowners. Home sizes range from 3 Bedroom, 2 Bath homes of around 2,000 sq. ft. of living area all the way to 7 Bedroom, 5 Bathroom estates with over 5,500 sq. ft. under air. The HOA fee is a very reasonable $121 per month which covers security and all the amenities this wonderful community has to offer.

More information about Stuart West can be found on their property owners’ website here.

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Vacant Land for Sale in Stuart West

November 2015 Market Update Stuart West Palm City

River Landing November 2015 Market Update Palm City FL

11.05.15 by Gabe Sanders

River Landing November 2015 Market Update Palm City FL

As of November 2015, there are no homes currently on the market in River Landing.

There are two River Landing homes under contract and awaiting settlement. The list prices are $384,500 and $359,900 for an average list price of $372,200 which equates to $170.69 per sq. ft. of living area. These two homes went under contract in an average of 3 days after being listed.

In the past 12 months, 8 homes have sold in River Landing. Sales prices ranged from $275,000 to $435,000 for an average of $355,812 or $145.82 per sq. ft. of living area. These homes sold for an average of 96% of the last list price and took an average of 34 days on market before an an offer was accepted.

Entrance to River Landing in Palm City Florida

One of the little known gems of the Treasure Coast, River Landing is home to 96 custom built homes on the shores of the South Fork of the Saint Lucie River. There is currently one vacant lot left in River Landing. Homes in River landing were first built in 1986 and as of this writing the last one was built in 2007. Both one and two story homes on generous sized lots of approximately 1/3 of an acre and some with larger lots. Home sizes range from 3 bedroom homes with under 2,000 sq. ft. of living area up to 5 BR with almost 4,500 sq. ft. of air conditioned space. Low HOA fees of $400 per quarter include basic cable TV services, trash pickup, security gate and maintenance and upkeep of the common areas.

This one of a kind gated community offers child and pet friendly quiet streets and has an ocean access boat ramp as well as RV/Trailer/Boat storage facility, tennis courts and playground.

Homes are surrounded by wetland preserves, lakes and forested areas.

River Landing in palm City Florida Playground

Living in River Landing is like being on vacation year round with its quick access to the St. Lucie River for a great day of fishing on your boat. The homes in River Landing are mostly new with some older updated homes, and mostly spacious with ample space to give you the privacy you want. Palm City is a wonderful town to live in because of its closeness to I-95 and Florida’s Turnpike as well as its “A” rated school system, entertainment and fantastic local restaurants!

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River Landing November 2015 Market Update Palm City FL

Conquistador Market Update November 2015

11.04.15 by Gabe Sanders

Conquistador Market Update November 2015

Homes: There are no homes currently on the market in Conquistador Estates.

There are also no homes currently under contract.

In the past 12 months, 3 homes have sold in Conquistador Estates with sales prices ranging from $225,000 to $373,000. For an average sales price of $319,333 or $132.55 per sq. ft. of living area. These sales averaged a sales price of 91% of list price and went under contract in an average of 80 days after hitting the market.

Condos: There are currently 9 condos for sale in Conquistador. Listing prices range from $85,000 to $229,000. The average list price is $141,700 which equals $131.50 per sq. ft. of living area.

3 Condos are under contract awaiting settlement. List prices were from $137,000 and $155,000 for an average of 136.51 per sq. ft. of living area. These condos were on the market for an average of 145 days prior to going under contract.

In the past 12 months, 22 condos have sold in Conquistador. Sales prices ranged from $79,000 to $155,000. The average sales price was $117,522 which equals a per sq. ft. value of $104.29, and these sales averaged a 94% list to sales ratio as well as going under contract in an average of 103 days.

Conquistador homes and condos are in the the prime senior location in Stuart Florida. The Conquistador community is 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, 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 club house pool.

This is a very active senior community with an active clubhouse with 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.

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For any questions you may have about Conquistador Homes and Condos in Stuart, Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

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

Conquistador Market Update November 2015

Stuart FL 34996 Condo Market Report September 2015

10.12.15 by Gabe Sanders

Stuart FL 34996 Condo Market Report September 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for September 2015

For September 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 76 active condo listings (Down by 2 condos last month).

41 Condo sales are pending and awaiting close or lender approval (Decreased by 12 condos from August).

29 Condos Sold in September (Increased by 9 condos from August)

The Stuart FL 34996 Condo Market is bucking the trend for the off season with increased activity for September. As we head into the off season for condo sales, this segment of the Stuart condo market has seen some very strong activity, though the greatly reduced active inventory is cause for some serious concern. This will impact future numbers if we don’t see more units come on the market soon.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 plunged to 2.6 months from August’s 3.9 months. Continuing as a very strong sellers market. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for September 2014 were: 147 active listings, 37 pending sales and 28 closed sales. Stronger activity this year as compared to last with significantly less inventory.

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Stuart FL 34996 Condo Market Report September 2015

Sewalls Point Single Family Market Report September 2015

10.08.15 by Gabe Sanders

Sewalls Point Single Family Market Report September 2015

Sewalls Point Real Estate Snapshot, Residential Sales for September 2015

There are currently 54 active listings (Down by 5 homes since last month)

15 home sales are pending and awaiting close or lender approval (Decreased by 1 homes from August)

5 Homes sold in September (Up by two sales from August)

The single family real estate market in Sewalls point continues to struggle, though there was some improvement for this month as compared to the last few reporting periods. Sales appear to be picking up in Sewalls Point and at a good price point for both buyers and sellers.

The current absorption rate dropped to 10.8 months, in August it was 19.7 months. Still a buyers market for Sewalls Point. With pending sales rising, this may be an excellent time for buyers to take advantage of the Sewalls Point residential market. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to September of 2014, the inventory was 45 homes on the market, 7 pending sales and there were no closed sales. Better activity this year for the Sewalls Point single family home market.

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Sewalls Point Single Family Market Report September 2015

Palm Pointe and Palm Isles October 2015 Market Report

10.07.15 by Gabe Sanders

Palm Pointe and Palm Isles October 2015 Market Report

There are currently 4 active listings in Palm Pointe and Palm Isles. list prices are from $214,120 up to $324,990 with an average list price of $260,752 which is equal to $133.94 per sq. ft. of living area.

At this time, there are 4 homes under contract which have not closed yet. List prices range from $229,000 and $334,750 with the average list price of $288,375 which works out to $137.92 per sq. ft. of living area. These homes were on the market for an average of only 11 days prior to going under contract.

7 homes have sold in the past 12 months. Sales price ranged from $143,000 to $240,000 with the average sales price of $207,696 which is $112.01 per sq. ft. of living area. These homes were on the market for an average of 59 days prior to going under contract and sold at an average of 94% of list price.

Palm Pointe and Palm Isles are adjoining communities in Palm City just east of High Meadow Rd between Martin Downs Blvd and Martin Hwy. These gated communities are conveniently located close to both Florida’s Turnpike and I-95 making it a great location for those who commute to parts north or south for work, yet want to take advantage of the great school system and amenities that Martin County has to offer. Also within easy reach of shopping, restaurants and medical facilities as well as the many boat ramps and Marinas of Martin County.

There are a total of 128 homes that were built from 1990 through 1996 for Palm Pointe and 1999 to 2001 for Palm Isles. These two communities share a community pool, tennis courts and a playground.

Homes range in size from 2 bedroom, 2 bathroom homes of around 1,400 sq. ft. of living space plus a two car garage, up to 4 bedroom, 4 bath homes of around 2,400 sq. ft. plus garage. Many homes in these communities have their own private pools and a lucky few have wonderful lake views.

As of October 2015 HOA fess were just over $200 a month and this community allows large pets and rentals. There are vehicle restrictions for commercial trucks.

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Palm Pointe and Palm Isles October 2015 Market Report

October 2015 Update for the Courtyards at Willoughby

10.02.15 by Gabe Sanders

October 2015 Update for the Courtyards at Willoughby

There is only one active listing in the Courtyards at Willoughby for the beginning of October 2015. This condo is listed for $144,900 or for $111.63 per sq. ft. of living area.

There are no properties currently under contract.

In the past 12 months, 10 condos have sold in the Courtyards with sales prices ranging from $112,000 to $175,000 for an average sales price of $129,750 and this equals $105.41 per sq. ft. of living space. These condos sold for an average of 98% of list price in an average of 41 days on market.

The charming townhomes in the Courtyards at Willoughby are located close to Historic Downtown Stuart as well as many other shopping, dining and entertainment areas that Stuart, Jensen Beach and Palm City have to offer.

There are only 44 residences in the Courtyards at Willoughby with four different models to choose from, The Juno, The Jupiter, The Hutchinson, and The Jensen depending on your needs. The models go up to 3 bedroom, 2 bathroom two level homes with 1,532 sq. ft. of living area down to 2 bedroom, 2 bath one level living with 1,125 sq. ft. of living space and some models feature garages. Maintenance fees at the time of this writing (October 2015) run from $350 per month and lower depending on the size of the unit. Up to 1 medium sized pet is allowed.

This community features a swimming pool, with a sundeck and cabana grilling area, and a 24 hour fitness center! The surrounding school district is ‘A’ rated.

As of October 2015 there is only one active listing in the Courtyards at Willoughby. It is a 3 bedroom, 2 bath townhome with a two car garage. The list price is $195,000.

There are three pending listings. All are 2 bedroom units that were listed from $109,900 to $129,000 for an average list price of $115,966 which equals $98.78 per sq. ft. of living area. 2 of these homes are short sales.

In the past 12 months, there have been 7 sales in the Courtyards at Willoughby. Sales prices ranged from $103,100 to $179,900 for an average sold price of $129,750 which was $97.33 per sq. ft. of living area. There were no foreclosures and one shortsale in this group of sales.

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October 2015 Update for the Courtyards at Willoughby

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Orchid Bay Palm City FL October 2015 Market Update

10.01.15 by Gabe Sanders

Orchid Bay Palm City FL October 2015 Market Update

There are currently 6 homes available to purchase in Orchid Bay. List prices range from $469,000 to $599,000. The average listing price is $515,983 which equates to $178.67 per sq. ft. of living area.

2 homes are under contract and awaiting sale. The list prices are $375,000 and $489,000 which average to $432,450 and is $163.54 per sq. ft. of living area. These two homes averaged 180 days on the market before going under contract.

In the past 12 months, 10 homes have sold in Orchid Bay. Sales prices ranged from $350,000 to $559,000 for an average sold price $472,600 which equals $163.26 per sq. ft. of living area. These 10 homes averaged 65 days on the market before the sellers accepted an offer and sold for an average of 94% of the listed price.

One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City Veteran’s Memorial Bridge off of Mapp Road. This gated community of 153 homesites (including only two vacant lots at this time) enjoys spacious private lots of at least a ½ acre with a few properties residing on over 1 acre sites. This planned community was developed by the Tartan land Company in the early 1990’s and all homes are individually constructed by the lot owner’s builder of choice. Consequently this is not a “cookie cutter” community by any means.

Homes range in size from over 5,000 sq. ft. of living area to just over 2,000. From as many as 8 bedrooms down to 3 bedroom homes. Both one and two story residences. Homes were built from 1992 through 2007. Amenities include tennis courts, a picnic and playground area as well as a public gazebo. Numerous lakes and ponds are on this property with many homes enjoying serene water views. Orchid Bay has its own community propane tank so all residents have the option of hooking in for propane utilities if desired.

HOA fees at the time of this writing are $415 per quarter. These fees include maintenance of the roads, trash pickup, common areas as well as basic cable TV service.

Children of Orchid bay attend wonderful schools: Palm City Elementary, Hidden Oaks Middle and Martin County High.

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For any questions you may have about Orchid Bay, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Orchid Bay Palm City FL October 2015 Market Update

Stuart FL 34996 Condo Market Report August 2015

09.16.15 by Gabe Sanders

Stuart FL 34996 Condo Market Report August 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for August 2015

For August 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 78 active condo listings (Down by 14 condos last month).

53 Condo sales are pending and awaiting close or lender approval (Increased by 11 condos from July).

20 Condos Sold in August (Increased by 4 condos from July)

The Stuart FL 34996 Condo Market is bucking the trend for the off season with increased activity for August. Both closed and pending sales increased while the level of inventory decreases to very low numbers. This level of activity will be unsustainable if the inventory doesn’t rise soon. This is good news for sellers as the prices continue to rise and demand seems to be strong.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – increased to 3.9 months from July’s 5.8 months. Back into a strong sellers’ market. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for August 2014 were: 149 active listings, 48 pending sales and 14 closed sales. Pretty impressive activity this year, with better volume of both sales and pending sales at just about half the available inventory.

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Stuart FL 34996 Condo Market Report August 2015

Rustic Hills Palm City FL September 2015 Market Report

09.16.15 by Gabe Sanders

Rustic Hills Palm City FL September 2015 Market Report

There are currently 3 homes available for sale in Rustic Hills. Listing prices range from $349,000 to $575,000 for an average list price of $424,666 which equals $250.76 per sq. ft. of living area.

There are 2 homes under contract awaiting sales. List prices are $324,900 and $349,000 for an average list price of $336,950 which is equal to $248.77 per sq. ft. of living area. These homes were on the market for an average of 182 days.

In the past 12 months, 17 Rustic Hills homes have sold. Sales prices ranged from $90,000 to $467,000 for an average sales price of $253,300 which equates to $153.57 per sq. ft. of living area at a 90% sales to list price ratio. These homes went under contract in an average of 97 days.

Originally a popular fishing camp, Rustic Hills in Palm City, Florida is a quaint waterfront enclave of 178 home sites geared for families who also enjoy boating.All homes have canal frontage with dockage, except for 10 homes/lots, which have deeded spaces for docks.A wonderful entrance through the ‘covered bridge’ allows entry into Rustic Hills.Great families and good neighbors through a series of winding one lane roads that make this neighborhood unique in today’s fast paced life styles.Some homes still have the outward character of the old fishing camp lodges, but most have been completely remodeled or even re-built to today’s standards.

Truly a ‘rustic’ area, but close to shopping, beaches and all modern amenities. Only a short ride by boat to the wide Saint Lucie River and an additional few minutes to the Saint Lucie Inlet and the beautiful Atlantic Ocean.

Currently, children living in Rustic Hills attend Bessey Creek Elementary School, Hidden Oaks Middle School and Martin County High School. Rustic Hills is an exceptionally friendly family neighborhood where children are seen playing outside at all times and neighbors taking the time to make sure that all is well.

There are a number of exceptional opportunities for the prospective home buyer in Rustic Hills.

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Stuart FL 34996 Condo Market Report January 2016

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