Bay Pointe September 2019 Market Report

09.24.19 by

Bay Pointe September 2019 Market Report

There are 3 homes currently for sale according to this Bay Pointe September 2019 market report in Palm City FL.  These homes are listed for sale from $849,000 up to $2,695,000.  This is an average list price of $1,478,000 which equals $289.51 per sq. ft. of living space.

There are no homes currently under contract in Bay Pointe.

In the past 12 months, 3 homes have sold in Bay Pointe in Palm City FL.  These homes sold for prices from $489,000up to $2,237,000.  This equals an average sales price of $1,307,000 which equals $343.03 per sq. ft. of living space.  These homes were on the market for an average of 209 days before going under contract and sold for an average of 93% of the list price.

About Bay Pointe in Palm City, Florida:

Bay Pointe Waterfront Homes in Palm City, Florida

Located next to Seagate Harbor and Lighthouse Pointe is the exclusive subdivision of Bay Pointe in Palm City Florida.  This exclusive gated waterfront subdivision boasts 23 homes and lots on the wide waters of the Saint Lucie River.  An additional 11 non-waterfront homes and homesites enjoy the amenities of this private community.  Even the non-waterfront homes have access to docks with a community pier located on the south side of the community.

Bay Pointe Waterfront Homes in Palm City, Florida

 

Bay Pointe waterfront in Palm City FL
Located with a large private preserve area to the south and west and enjoying magnificent wide water views to the east.  Only minutes to the wide Atlantic Ocean by boat and enjoying the amenities and low taxes of Martin County make Bay Pointe a wonderful place to call home.

Bay Pointe waterfront in Palm City FL
Close to parks, beaches, shopping and boasting the ‘A’ rated school system of Martin County.  Current school assignments for Bay Pointe are the Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.

Bay Pointe waterfront in Palm City FL

Bay Pointe waterfront in Palm City FL

Search for Bay Pointe Homes for Sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Bay Pointe September 2019 Market Report

Stuart FL 34996 Condo Market Report August 2019

09.23.19 by

Stuart FL 34996 Condo Market Report August 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for August 2019

There are currently 95 active condo listings (Down by 3 condos from last month).

42 Condo sales are pending and awaiting close or lender approval (Up by 8 condos from July).

15 Condos sold in August (Down by 16 condos from July) 

The Stuart FL 34996 Condo Market of Stuart showed a sizeable drop in closed sales for August.  Pending sales remain strong though and I believe some of the weakness in the closed sales may have been due to issues with Hurricane Dorian at the end of the month.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 jumped to 6.3 months from July’s 3.2 months. Bringing us into a balanced market for this segment of Martin County condos but not as extreme as last month.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for August 2018 were: 102 active listings, 37 pending sales, and 16 closed sales.  Very similar activity to last year for condos in the 34996 zip code area of Stuart.

Click here to view the previous Stuart FL condo market reports

 

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for condos for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Condo Market Report August 2019

The River Club September 2019 Market Report

09.23.19 by

The River Club September 2019 Market Report

As of September 2019, there are 3 condos for sale in the River Club.  These condos are listed from $170,000 up to  $245,000.  This is an average list price of $211,633 or $197.42 per sq. ft. of living area.

There are no River Club condos currently under contract.

In the past 12 months, 5 condos have sold in the River Club.  Sales prices ranged from $192,000 up to $260,000.  This is an average sales price of $230,850 which works out to $215.35 per sq. ft. of living area.  These condos sold for an average of 96% of the last list price and went under contract in an average of 89 days.

About The River Club of Martin County:

The River Club of Martin County in Jensen Beach FL

The River Club of Martin County is a waterfront condo community that was built between the years of 1978 and 1980.  There are 15 buildings with 188 total condos all of which are 2 bedroom and 2 bathrooms.  These are all two-story buildings.  There are two different floor plans with 1,220 and 1,072 sq. ft., of living areas.  Four of these buildings enjoy beautiful wide waterfront views of the Saint Lucie River.  The River Club has a 50 slip marina that is run by a separate dock association.  In order to own a slip in the River Club, one must be a condo owner.  Tenants and owners do have the opportunity to rent slips should they be available for lease.

Entrance to the River Club

Owners enjoy excellent amenities include a clubhouse with game room and kitchen facilities, a community pool, fitness room, shuffleboard courts, workshop, and cable TV and internet access (including wi-fi) included in the condo fees.  The condo fees as of May 2019 are $326 a month.

Sunset from the River Club

All ages are welcome in the River Club but no pets are allowed.  And, rentals are allowed with some restrictions as to duration and length of unit ownership.  No commercial vehicles or motorcycles are allowed, but pickup trucks with covers are permitted.

Community Pool of the River Club

The River Club is a great choice for those looking for an affordable condo community with deep water docks and fishing as well as a full complement of amenities.  We don’t think you will be disappointed.

fountain of the the River Club

Search here for any River Club condos for sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida you can select this link.

The River Club September 2019 Market Report

The Meadows Palm City September 2019 Market Report

09.22.19 by

The Meadows Palm City September 2019 Market Report

There are currently 10 homes for sale in the Meadows in Palm City FL.  List prices range from $249,999 up to $389,000.  This is an average list price of $323,980 which equals $180.48 per sq. ft. of living area.

There are currently 11 homes under contract in the Meadows.  These homes were listed from $169,900 up to $395,000.  This is an average list price of $266,664 which is $167.25 per sq. ft. of living area.  These homes averaged 55 days on the market before going under contract.

In the past 12 months, there have been 43 sales in the Meadows.  Sales prices ranged from a low of $150,000 up to $437,500.  This is an average sales price of $247,902 or $156.65 per sq. ft. of living area.  These homes went under contract in an average of 36 days and sold for an average of 97% of their final list price.

About The Meadows Homes in Palm City Florida:

The Meadows at Martin Downs is a family friendly gated residential community very well situated in Palm City, Florida. There are 832 homes consisting of single-family homes, duplexes, 4 unit townhouses, and 4 unit patio homes. The Meadows community is divided into 6  distinct villages which are named: Greenwich, Lakemont, Mayflower, Brighton, Foxboro, and Ridgewood.

The Meadows is a guard gated community with round-the-clock security.  Residents of the meadows enjoy a large heated swimming pool, a tot pool, children’s playground adjacent to the pool, basketball, 3 lighted tennis courts, a horseshoe pit and 2 bocce courts.  Near the entrance of the Meadows, between the gatehouse and the fountain, is a 2200 square foot recreation center, known as The Meadows House, which also houses the administrative offices of The Meadows Homeowners Association.

The Meadows came into existence through the efforts of local developer Peter Cumming who submitted the plans for the community around 1988.  Shortly thereafter, Burg and DiVosta (soon to be just DiVosta) began developing the land in the area called Martin Downs for the soon to be constructed villages of The Meadows.

Meadows History:

Divosta started construction on the site known as The Meadows in 1988 by building two structures from which to sell. One was a Single Family home (Hampton) in what is now known as Greenwich Village, and the other was a four-unit Town Home building (Stamford) in what is now known as Lakemont Village. Both types of homes were started in The Meadows at about the same time in 1988.  DiVosta completed the Meadows in 1993 and turned the administration and running of the community to The Meadows Homeowners Association which runs the community through elected officers as well as a full-time support staff.

HOA fees in the meadows vary by the type of home, so please look at the listing details view when checking available Meadows homes for sale.  The Meadows is not age restricted and currently allows up to 2 large pets.  Rentals are also allowed with some restrictions.

Homes in the Meadows

Children currently attend the Bessey Creek Elementary School, the Hidden Oaks Middle School; and the Martin County High School.

Search for the Meadows Homes for Sale

The Meadows Palm City September 2019 Market Report

Banyan House Stuart FL September 2019 Market Report

09.21.19 by

Banyan House Stuart FL September 2019 Market Report

There are currently 3 condos for sale in the Banyan House condos in Stuart FL.  List prices range from $149,900 up to $164,500.   This is an average list price of $156,300 which is $114.09 per sq. ft. of living area.

There is 1 condo currently under contract.  The list price was $155,000 or $113.14 per sq. ft. of living area.  This condo was on the market for 64 days prior to going under contract.

In the past 12 months, only 1  Banyan House condo has sold.  This condo sold for $184,900 which works out to $134.96 per sq. ft. of living area.  This condo was on the market for 54 days before going under contract and sold for 100% of list price.

About the Banyan House Condos in Stuart FL:

Banyan House Condos in Stuart FL

Located on Saint Lucie Blvd in Stuart, FL, these condos are close to the Martin County Community Golf Club as well as the beaches and downtown Stuart.  This complex was completed in 1980 and consists of 64 2 bedroom, 2 bathroom condos on either the first or second floor of these 4 identical 2 story buildings.

Banyan House Condos in Stuart FL

The Banyan House complex residents enjoy a heated pool and 2 tennis courts and a clubhouse as their amenities.  All ages are welcome and up to 1 medium sized pet is also allowed.   Rentals are also allowed with some restrictions.  For 2018, the association fees are $427 per month.  These fees include basic cable TV, landscape service, building insurance and maintenance, water and sewer, trash pickup, reserves and management services.

Banyan House Condos in Stuart FL

Children living in Banyan House currently attend the JD Parker elementary school, Stuart middle school and the Jensen Beach high school.

Banyan House Condos in Stuart FL

These Banyan House condos are much sought after because of their excellent location as well as being such a well-run and well-managed community.  Condos tend to sell very quickly when they come on the market.  Those interested in a Banyan House condo should contact us and be set up on a new listing notifier for this Stuart community.

Search here for any current listings in the Banyan House Condo Complex.

Banyan House Stuart FL September 2019 Market Report

Stuart FL 34996 Residential Market Report August 2019

09.20.19 by

Stuart FL 34996 Residential Market Report August 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for August 2019

There are currently 130 active listings (Decreased by 8 homes from July).

Stuart FL 34996 Condo Market Report August 2019 

25 Residential sales are pending and awaiting close (Up by 2 homes from July).

Stuart FL 34996 Condo Market Report August 2019

16 Homes Sold in August (Down by 4 homes from July).

Stuart FL 34996 Condo Market Report August 2019

The 34996 zip code area of the Stuart Florida residential real estate had a small drop in closed sales for this month when compared to last month.  Hopefully, this market will regain a bit of activity in the coming months.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for August rose to 8.1 months as compared to 6.9 months for last month.  Remaining in a seller’s market for this segment of the Martin County single-family real estate market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7-month absorption rate.

The numbers for August 2018 were: 130 active listings, 21 pending sales, and 10 closed sales.  Better market activity this year on an identical number of homes for sale (inventory).

Stuart FL 34996 Condo Market Report August 2019

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34996 zip code area of Stuart FL

Search here for vacant land for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Residential Market Report August 2019

Quail Meadow September 2019 Market Report

09.20.19 by

Quail Meadow September 2019 Market Report

There are no townhomes currently available for sale in Quail Meadow in the Martin Downs Country Club community of Palm City FL.

There are also no homes currently under contract.

In the past 12 months, there have been 3 Quail Meadow sales.  Sales prices ranged from $162,500 up to $240,000.  This is an average sales price of $209,833 which works out to $134.81 per sq. ft. of living area.  These townhomes averaged 38 days on market before going under contract. They sold for an average of 94% of list price.

About Quail Meadow in Martin Downs

Quail Meadow in Martin Downs in Palm City FL

Located in the beautiful Martin Downs Country Club, Quail Meadow consists of 84 townhome/villas.  These are spread out in 14 buildings with 6 attached units in each building.  Quail Meadow was completed in 1983 and represents its own subdivision within the Martin Downs Country Club.  Many of these homes enjoy beautiful lake and golf course views.

entrance to Quail Meadow in Martin Downs

All of these homes have a 1 car garage and some are single-story villas while others are two-story style townhouses.   Sizes range from 3 bedroom, 3 bathroom homes with 1,654 sq. ft. of living area down to 2 bedroom, 2 bathroom villas with 1,331 sq. ft.

front view of Quail Meadow in Martin Downs

The HOA fee is $308 per month. This includes a 24 manned security gate and security patrols, management fees, basic cable TV, common areas and exterior maintenance.   This is a pet-friendly community allowing up to two medium-sized pets per unit.  Rentals are also permitted with some restrictions as to frequency and duration.

Pond in Quail Meadow in Martin Downs

Residents of Quail Meadow have the option of joining the golf club in Martin Downs as well as the Martin Downs sports complex.  Or, they are free to just enjoy the great location which is very close to Florida’s Turnpike and I-95 and shopping, restaurants, professional offices, and medical facilities.

Click here to see if any Quail Meadow homes are available for sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Quail Meadow September 2019 Market Report

Palm City FL 34990 Condo Market Report August 2019

09.19.19 by

Palm City FL 34990 Condo Market Report August 2019

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for August 2019

There are currently 80 active condo listings. (Increased by 3 condos from July)

Palm City FL 34990 Condo Market Report August 2019 

5 Condo sales are pending and awaiting close or lender approval. (Down by 3 condos from last month)

Palm City FL 34990 Condo Market Report August 2019

3 Condos Sold in August. (Unchanged from July)

Palm City FL 34990 Condo Market Report August 2019

The Palm City FL 34990 condo real estate market remains a fairly small segment of the Martin County condo market.  The sales activity in this market is challenging because of two condo communities with high equity and association fees that are currently not in favor with the general public.  Though, those who love golf, there are some incredible bargains in these communities.  August continued to display difficulties for this market.

The current absorption rate for condos in the 34990 zip rose to 26.7 months (was 25.7 months in July). Remaining in an extreme buyer’s market for Palm City condos.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The August 2018 numbers were: 76 active listings, 7 pending sales, and 7 closed sales.  There was somewhat better activity last year.
Palm City FL 34990 Condo Market Report August 2019
Are you interested in the value of your Palm City FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for condos for sale in the 34990 zip code area of Palm City FL

Palm City Florida Real Estate presented by
the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Palm City FL 34990 Condo Market Report August 2019

Galleon Bay September 2019 Market Report

09.19.19 by

Galleon Bay September 2019 Market Report

There are currently no homes for sale in the Galleon Bay community of Hutchinson Island in Stuart FL.   There is 1 lot for sale.  The list price is $1,300,000.

There are also no homes under contract in the Galleon Bay community.  There is a parcel of 17 lots known as Galleon On The River which is under contract.  The list price was $4,999,999.

In the past 12 months, no homes have sold.  The last sale took place in July 2016 with a sales price of $1,965,000 which equaled $365.65 per sq. ft. of living area.  This home was on the market for 238 days before going under contract and sold for 87% of the last list price.  There are two new homes under construction at the present time.

About Galleon Bay on Hutchinson Island:

Galleon Bay on Hutchinson Island

Oceanfront Homes in Martin County:

Galleon Bay on Hutchinson Island is an exclusive gated oceanfront community just north of the Stuart Causeway.  Very well located close to shopping as well as easy access to downtown Stuart. There are only 15 possible residences in this exclusive upscale community.

Galleon Bay on Hutchinson Island

All the homesites in Galleon Bay are spacious and allow for stunning estate homes.  Lot sizes vary from just under 1 acre to over 1 and ¼ acres.  There are still vacant lots in Galleon Bay waiting for a home to be built.

Galleon Bay on Hutchinson Island

Of the current homes in Galleon Bay, the smallest is over 5,000 sq. ft. of living area with 4 bedrooms and 5 bathrooms and the largest has more than 10,000 sq. ft. with 6 bedrooms and 9 bathrooms.

Galleon Bay on Hutchinson Island

For those wanting to ultimate in privacy and luxury, yet still, be close to all the wonderful amenities available to Martin County residents on the Treasure Coast of FL, Galleon Bay may be the perfect location for you.

Galleon Bay on Hutchinson Island

As of February 2019, the monthly HOA fees were $458.00

Check here for any possible homes for sale in Galleon Bay

Check here for any possible land for sale in Galleon Bay

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Galleon Bay September 2019 Market Report

Palm City FL 34990 Residential Market Report August 2019

09.18.19 by

Palm City FL 34990 Residential Market Report August 2019

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for August 2019

 There are currently 336 active listings (Down by 12 homes from July)

Palm City FL 34990 Residential Market Report August 2019

140 Residential sales are pending (Down by 14 homes from last month)

Palm City FL 34990 Residential Market Report August 2019

89 Homes Sold in September (Up by 26 homes from July)

Palm City FL 34990 Residential Market Report August 2019

The Palm City FL, zip code 34990 residential real estate market continues with very strong market activity.  We had a sizeable increase in sales this month and the pending sales also remain very strong.
The monthly absorption rate dropped to 3.8 months from 5.5 months in July.  Becoming an even stronger seller’s market for the Palm City zip code 34990 area, though approaching a balanced market.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The August 2018 numbers were:  361 active listings, 100 pending sales, and 96 closed sales.  With a lower number of available homes for sale this year, sales are pretty comparable and pending sales are much stronger than last year.

Palm City FL 34990 Residential Market Report August 2019

Click here to view the previous Palm City Florida residential market reports

Are you interested in the value of your Palm City FL home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34990 zip code area of Palm City FL

Search here for vacant land for sale in the 34994 zip code area of Palm City FL

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

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Palm City FL 34990 Residential Market Report August 2019

Hammock Creek September 2019 Market Report

09.18.19 by

Hammock Creek September 2019 Market Report

There are currently 2 homes actively listed in Hammock Creek in Palm City, Florida.  The list prices are $409,000 and $473,500.  This is an average list price of $441,250 which is $196.38 per square foot of living area.

There are 7 homes currently under contract awaiting closing.  The list prices ranged from a low of $445,000 up to $575,000.  This is an average list price is $511,257 and equals $168.90 per square foot of living area.  These homes averaged 48 days from list date to being under contract.

In the past 12 months, 34 homes have sold in Hammock Creek.  Sales prices ranged from $385,000 up to $702,000. This is an average sales price of $521,603 which works out to $166.76 per square foot of living area.  These homes went under contract in an average of 56 days and sold for 97% of list price.

About Hammock Creek in Palm City FL:

Hammock Creek is a lovely gated upscale neighborhood consisting of three separate sections, The Sanctuary, The Preserve, and The Estates. The community is centered around the Hammock Creek Golf Course, a Jack Nicklaus designed course. Homes in Hammock Creek consist of one and two stories with square footage ranging from 2000 to over 5000 square feet and prices starting in the low 300’s. Most of the homes sit on generous lots with a view of either the lake, preserve, or golf course.

There are wide paver sidewalks ideal for families who enjoy biking, walking, and jogging. Close to fine shopping, nice restaurants, immediate access to I-95 and the turnpike, and A-Rated Palm City schools make Hammock Creek one of Martin County’s premier neighborhoods.

Low HOA fees ranging from approximately $260 to $390 per month depending on which section one resides.

 The ‘A’ rated Martin County schools that children from Hammock Creek attend are the Palm City Elementary, Hidden Oaks Middle, and Martin County High Schools.

Here are the currently available homes in Hammock Creek September 2019 Market Report

For any questions you may have about Hammock Creek September 2019 Market Report, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate
Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Hammock Creek September 2019 Market Report

Stuart FL 34994 Condo Market Report August 2019

09.17.19 by

Stuart FL 34994 Condo Market Report August 2019 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for August 2019

For August 2019 in the 34994 Zip Code area of Stuart, Florida :

There are currently 101 active condo listings (Up by 2 condos from July).

Stuart FL 34994 Condo Market Report August 2019

34 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from last month) 

Stuart FL 34994 Condo Market Report August 2019

24 Condos Sold in July (Up by 9 condos from July).

Stuart FL 34994 Condo Market Report August 2019

The Stuart FL 34994 Condo market had a nice jump in closed sales this month.  Inventory, as well as pending sales, showed little change from July.  The hurricane, towards the end of the month, seems to have had little effect on this segment of the Stuart condo market.

The absorption rate for August dropped to 4.2 months compared to last month’s 6.6 months.  Back into a seller’s market for this condo segment of Stuart’s 34994 zip code area.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers nor sellers have an advantage in the real estate market.

Last August the numbers were 77 active listings, 60 pending sales, and 16 closed sales. Better closed sales volume this year on a greater inventory of available condos for sale.  Pending sales were much better last year.

Stuart FL 34994 Condo Market Report August 2019

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Click here for condos for sale in the 34994 zip code area of Stuart FL

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

Search here for Stuart Florida Real Estate for Sale

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34994 Condo Market Report August 2019 

 

Plantation at Sewalls Point September 2019 Market Report

09.17.19 by

Plantation at Sewalls Point September 2019 Market Report

For September 2019 there are no homes available for sale in the Plantation at Sewalls Point.

There are no homes under contract at present in the Plantation at Sewalls Point.

In the past 12 months, there have been 2 sales in the Plantation at Sewalls Point.  These homes sold for $1,200,000 and $1,400,000.  This equals an average sales price of $1,300,000 or $261.42 per sq. ft. of living area.  These homes were on the market for an average of 463 days before going under contract.  And, they sold for an average of 88% of list price.

Click here to view the previous Plantation at Sewalls Point market reports

About Plantation at Sewalls Point:

Plantation at Sewalls Point

Sewalls Point Homes for Sale:

The Plantation at Sewalls Point is an exclusive private community of only 21 home sites.  There are 10 large estate sized waterfront lots with deep water docks and views of the Saint Lucie River some with magnificent waterfront views of the Saint Lucie River.  There are 11 smaller non-waterfront home-sites on 1/2 to 1 acre sites.  All homes were custom built by individual contractors/builders from 1994 to the early 2000’s.

Plantation at Sewalls Point

Some of Martin County’s most elegant homes can be found in the Plantation at Sewalls Point. Conveniently located close to Indian Riverside Park, the United States Olympic Sailing Center, Deep Water marinas, restaurants, shopping and all of this within an ‘A’ rated school system.Plantation Home 2

The HOA fees depend on the size of the property and range from around $900 a quarter to $1,400.  The Plantation at Sewalls Point is one of the most prestigious communities in Martin County and the Treasure Coast of FL.

Plantation Home 4

Entrance

Search here for homes for sale in the Plantation at Sewalls Point, Florida

Search for Martin County Real Estate

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Plantation at Sewalls Point September 2019 Market Report

 

Stuart Florida 34994 Residential Market Report August 2019

09.16.19 by

Stuart Florida 34994 Residential Market Report August 2019

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for August 2019

For July 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 87 active listings (Down by 2 homes from July)

Stuart Florida 34994 Residential Market Report August 2019

38 Residential sales are pending and awaiting close or lender approval (Increased by 21 homes from last month).

Stuart Florida 34994 Residential Market Report August 2019

4 Homes Sold in August (Decreased by 12 homes from July)

Stuart Florida 34994 Residential Market Report August 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had a pretty dramatic drop in closed sales for the month while also having a large increase in pending sales.  This is most likely a result of a number of delayed closings due to the hurricane.

The one-month absorption rate for the 34994 zip code for August jumped to 21.8 months from 5.6 months for July.  Transitioning into an extreme buyer’s market for the 34994 zip code area of Stuart, FL.  I anticipate that this is just a temporary one-month situation.   A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The August 2018 numbers were 71 Active Listings, 28 pending sales, and 15 closed sales.  We have a larger inventory of available homes for sale in this segment of the market.  pending sales are considerably stronger this year while closed sales were weaker.

Stuart Florida 34994 Residential Market Report August 2019

Are you interested in the value of your Stuart FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34994 zip code area of Stuart FL

Search here for vacant land for sale in the 34994 zip code area of Stuart FL

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

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart Florida 34994 Residential Real Estate Market Report August 2019

Southwood Real Estate September 2019 Market Report

09.16.19 by

Southwood Real Estate September 2019 Market Report

For September 2019 there are 2 homes for sale in the Southwood community of Stuart, FL.  List prices are $359,900 and $365,000.  This is an average list price of $362,450 or $209.92 per sq. ft. of living area.

There are 2 homes currently under contract.  The list prices were $389,000 and $425,000.  This works out to an average list price of $407,000 which equals $199.76 per sq. ft. of living area.  These homes averaged 27 days on the market before going under contract.

In the past 12 months, 7 homes have sold in the Southwood subdivision of Stuart.  The sales prices ranged from $360,000 up to $448,500.  This is an average sales price of $410,000 which works out to $196.51 per sq. ft. of living area.  These homes went under contract in an average of 21 days.  These homes sold for an average of 98% of the last list price.

About Southwood in Stuart, FL:

Southwood in Stuart Florida

Southwood is a small community of 115 home sites located just southeast of Salerno Rd on Kanner Highway in Stuart FL.  This location makes it easy for anyone wishing to commute either north or south as it’s only a few minutes to I-95.  It is also close to the Publix shopping center at the intersection of Kanner Highway and Salerno Rd.  Just minutes to Martin Memorial South Hospital.  Only about 10 to 15 minutes to downtown Stuart and just slightly longer to the beaches and waterways of Martin County.

Entrance to Southwood of Stuart FL

Children in Southwood attend Pinewood Elementary, David L. Anderson Middle and Martin County High Schools.  All great schools.  Click on the above links for more information about each school.

One enters the Southwood subdivision through a long private drive.  Currently, this community is not gated, yet offers the utmost in privacy and safety.  The homes were built from 1990 to 2001 and are all individual styles from various builders.  This is not a cookie cutter community.  Home sizes range from 3 bedroom, 2 bathroom homes with 2 car garages of just under 1,700 square feet of living area of to 4 bedroom, 3 bathroom homes of just under 3,000 sq. ft.

Southwood in Stuart Florida

The Southwood Community

There are a number of ponds and creeks throughout Southwood.  And, this community is mostly surrounded by either preserve lands or acreage.  There is no community pool or clubhouse so the HOA fees are a very reasonable $98.00 a month as of this writing and include trash and basic cable TV.  Though there are some magnificent nature trails through the preserve areas.

creek in Southwood of Stuart FL

Southwood is a gem of a neighborhood and is little known to many Martin County residents.  There is very low turnover in this community.  If you’re interested let us know and we can put you on a listing alert notification for this community.

pond in Southwood of Stuart FL

Click here to see if any Southwood Homes are currently available

Southwood Real Estate September 2019 Market Report

The Evergreen Club September 2019 Market Report

09.15.19 by

The Evergreen Club September 2019 Market Report

There are 7 homes on the market in the Evergreen Club in September 2019.  List prices range from $400,000 up to $675,000.  This is an average list price of $524,000 or $173.92 per sq. ft. of living space.

There are 5 homes under contract at this time.  These homes were listed from $405,000 up to $619,500.  This is an average list price of $498,700 which works out to $178.70 per sq. ft. of living area.  These homes went under contract in an average of 29 days after being listed.

In the past 12 months, 26 homes have sold in the Evergreen Club.  Sales prices ranged from $300,000 up to $605,000.  This works out to an average sales price of $436,192 which equals $170.87 per sq. ft. of living area.  These homes sold for an average of 96% of list price.  They averaged 72 days on the market before going under contract.

View previous Evergreen Club market reports here

About the Evergreen Club Palm City Florida:

The Evergreen Club Palm City Florida

Search for Evergreen Club Real Estate

Nestled in a secluded corner of Palm City, The Evergreen Club is an elegant gated community that it’s residents love to call home.  The community is close to it all; ‘A’ rated schools, boat ramps, theatres, fantastic local restaurants, shopping, and beautiful beaches!

Evergreen Club Real Estate in Palm City Florida Evergreen Club Real Estate in Palm City Florida

The Evergreen Club is known for its 18-hole championship golf course that does not require an expensive membership to play.  Every home is unique and will be sure to have something special about it that will charm you.  Located on a beautiful 520 acre parcel, each of the 299 homes feature at least one acre of land for a spacious non crowded feeling!  Enjoy all the beautiful Florida sights that The Evergreen Club has to offer, you may find yourself rarely wanting to leave home!  Golf club membership is not mandatory but if you are a member of The Evergreen Club you will enjoy full golf privileges, dining privileges and fun social events. There are no dining minimums, no assessments or large down payments.

The Evergreen Club Palm City Florida

Search for Evergreen Club Real Estate

The Evergreen Club

Evergreen Club Real Estate in Palm City Florida

presented by
the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

The Evergreen Club September 2019 Market Report

Jensen Beach 4 BR Home Price Reduced

09.14.19 by

Jensen Beach 4 BR Home Price Reduced

Highlights:

  • Built in2014
  • 4 Bedrooms
  • Den/Office
  • 3 Bathrooms
  • 3 Car Garage
  • Living Room
  • Dining Area
  • Family Room
  • Laundry Room
  • Covered and Screened Patio
  • Storage Shed
  • Room for a Pool
Pinecrest Lakes 4BR Home for sale

Living Room

A 2014 D. R. Horton built Biscayne model with 4 bedrooms and 3 bathrooms plus a large den/office which could be a 5th bedroom and a spacious 3 car garage in the desirable Pinecrest Lakes community of Jensen Beach.  This home features granite counter-tops, stainless steel appliances, solid concrete block construction and impact glass windows and sliders along with many other desirable features.  Tiled floors in living areas and carpeted bedrooms.

Pinecrest Lakes 4BR Home for sale

Family Room

Wonderfully located close to the Jensen Beach High School, Treasure Coast Mall, fine restaurants and only two miles to the Intracoastal and then the pristine beaches of the Atlantic Ocean.   Check out this wonderful opportunity in one of the best locations on the Treasure Coast of Florida.

 

Pinecrest Lakes 4BR Home for sale

Kitchen

Click here for more pictures and information

Pinecrest Lakes 4BR Home for sale

Main Bedroom

Search here for all Pinecrest Lakes home for sale!

This wonderful home is now available for $455,000.  It is also available for an annual lease at a rate of $3,000 a month.

Pinecrest Lakes 4BR Home for sale Pinecrest Lakes 4BR Home for sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Jensen Beach 4 BR Home Price Reduced

Sewalls Point Single Family Market Report August 2019

09.13.19 by

Sewalls Point Single Family Market Report August 2019

Sewalls Point Real Estate Snapshot, Residential Sales for August 2019

There are currently 42 active listings (No changes from last month)

Sewalls Point Single Family Market Report August 2019

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

Sewalls Point Single Family Market Report August 2019

10 Homes sold in July (Increased by 2 homes from July)

Sewalls Point Single Family Market Report August 2019

The single-family real estate market in Sewalls Point is continuing with stronger activity than in recent years.  Pending sales were quite weak this month and this may be a result of the hurricane scare that we had during the latter half of the month.

The absorption rate dropped to 4.2 months, in July it was 5.3 months.  Remaining in a seller’s market for the Sewalls Point single-family home 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 August 2018, the inventory was 52 homes on the market, 12 pending sales and there were 3 closed sales.  Considerably better sold numbers on a reduced number of available homes for sale this year.  Pending sales, however, are off for this year.

Sewalls Point Single Family Market Report August 2019

Currently available Sewalls Point homes for sale

Currently available Sewalls Point vacant land for sale

Sewalls Point Florida Real Estate presented by
the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Sewalls Point Single Family Market Report August 2019

 

Willoughby Cay Real Estate Market Report September 2019

09.13.19 by

Willoughby Cay Real Estate Market Report September 2019

As of September 2019, there are no homes for sale in Willoughby Cay.

There are also no homes under contract.

In the past 12 months, 8 Willoughby Cay homes have sold.  Sales prices ranged from $265,500 up to $317,000 for an average sales price of $291,313 which equals $190.08 per sq. ft. of living area.  These homes averaged 67 days on the market before going under contract and sold for  97% of list price.

About Willoughby Cay in Stuart FL:

Willoughby Cay in Stuart FL

Willoughby Cay is a small gated community located on Willoughby Blvd across the street from the prestigious Willoughby Golf Club and consists of 51 buildings of 2 attached villas each (for a total of 102 residences).  These homes were built from 2002 to 2004 by Showcase Designer Homes.

Willoughby Cay in Stuart FL

These homes come in two basic floor plans.  A 2 bedroom, 2 bathroom with a two-car garage with 1,398 sq. ft. of living area and a 3 bedroom (or 2 bedroom plus den), 2 bathroom with 2 car garage featuring 1,547 sq. ft. of living area.

There is no community pool or other amenities in Willoughby Cay.  A few homes have their own pools located in the back yards.  For those desiring a country club lifestyle, membership is available for the Willoughby Golf Club across the street.

Willoughby Cay in Stuart FL

Willoughby Cay is for all ages and is pet-friendly allowing for up to two pets of medium size or smaller.  Rentals are also allowed with some restrictions.  The current HOA fee (as of September 2019) is $220.00 a month and these funds cover Basic Cable TV, Common Areas, Lawn Care, Management Fees, Roof Maintenance and Trash Pickup.

Willoughby Cay in Stuart FL

Children living in Willoughby Cay are zoned for the Pinewood Elementary School, Dr. David L. Anderson Middle School, and the Martin County High School.

This community is conveniently located just minutes away from shopping, restaurants, beaches and boat ramps, medical facilities as well as easy access to I-95 and historic downtown Stuart.

This is a very desirable community where homes coming up for sale tend to sell fast.

Willoughby Cay in Stuart FL

Click here to see available Willoughby Cay homes for sale

presented by
the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Willoughby Cay Real Estate Market Report September 2019

St Lucie County Townhouses and Condos July 2019 Market Report

09.12.19 by

St Lucie County Townhouses and Condos July 2019 Market Report

The St Lucie County Townhouses and Condos market for July 2019 is now in the third month of weaker sales activity.  Closed sales were down by 6.8% from last year (were down by 4.6% in June). While new pending sales were down by 11.3% for July (they were down by 5.8% in June).

Prices were mixed for July.  The median price decreased by 10.1% from last year (was up by 10.4% in June). The average sales price increased by 4.8% (was up by 4.2% in June).

The inventory of available townhouses and condos increased by 7 units from last month to 552 units, which is 14.0% greater than July 2018. The current inventory is 5.5 months, as compared to 4.7 months of inventory last year.  The St Lucie County townhouses and condos market remains as a slight seller’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos July 2019 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos Market Report

View previous St Lucie County Townhouses and condos market reports here!

The latest 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.

St Lucie County Townhouses and Condos July 2019 Market Report