Stuart FL 34994 Condo Market Report May 2019

06.19.19 by

Stuart FL 34994 Condo Market Report May 2019 

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

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

There are currently 122 active condo listings (Up by 7 condos from April).

Stuart FL 34994 Condo Market Report May 2019

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

Stuart FL 34994 Condo Market Report May 2019

18 Condos Sold in April (Down by 7 condo from April).

Stuart FL 34994 Condo Market Report May 2019

The Stuart FL 34994 Condo market had an unexpected weakening and has entered into a balanced market that favors neither the buyer nor the seller.

The absorption rate for May rose to 6.8 months compared to last month’s 4.6 months.  Into a balanced 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 or sellers have an advantage in the real estate market.

Last May the numbers were 81 active listings, 68 pending sales, and 34 closed sales.  Much weaker sales activity this year across the board for this condo segment of Stuart FL.

Stuart FL 34994 Condo Market Report May 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 May 2019 

 

Carriage Hill Condos of Palm Cove June 2019 Market Report

06.19.19 by

Carriage Hill Condos of Palm Cove June 2019 Market Report

There is 1 Carriage Hill condo available to purchase in the Palm Cove Golf and Yacht Club in Palm City, FL in mid June 2019.  The list price is $254,900 or $109.26 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, there have been no condo sales in the Carriage Hill section of Palm Cove in Palm City FL.

About the Carriage Hill Condos of Palm Cove

Carriage Hills condos in Palm Cove

 There are only 14 exclusive condos in the Carriage Hill section of the Palm Cove Golf and Yacht Club.  There are two buildings.  The first was built in 1991 and consists of both 3 bedroom and 2 bedroom units with from 1,700 sq. ft. of living area up to 2,300.  The newest building was built in 2004 and is called the Links at Palm Cove with only four units with both 3 bedroom and 2 bedroom condos of 1,600 to 2,200 sq. ft. of living area.  All of these condos have covered parking in the form of either attached or detached garages.

 Carriage Hills condos in Palm Cove

Conveniently located adjacent to the tennis courts and the golf course with many units having both golf and lake views.  Only a short walk to the magnificent full-service clubhouse and pool as well as access to the community docks with deep water dockage for vessels up to 70’.

 Carriage Hills condos in Palm Cove

These are the only condos in the Palm Cove Golf and Yacht Club with all other residences either single family homes or townhouses located on Island Creek Trail.

Carriage Hills condos in Palm Cove

Maintenance fees for the Carriage Hill Condos of Palm Cove as of this writing (June 2019) are approximately $700 to $900 a month depending on size and location.  Since these homes are condos, these fees include building insurance as well as exterior and roof maintenance as well as all the common areas and clubhouse membership.

You can use this link to search for any available listings in the Carriage Hill Condos of Palm Cove

Search here for all Palm City FL real estate

Carriage Hill Condos of Palm Cove June 2019 Market Report

Stuart Florida 34994 Residential Market Report May 2019

06.18.19 by

Stuart Florida 34994 Residential Market Report May 2019

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

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

There are currently 77 active listings (Down by 14 home from April)

Stuart Florida 34994 Residential Market Report May 2019

46 Residential sales are pending and awaiting close or lender approval (Increased by 11 homes from last month).

Stuart Florida 34994 Residential Market Report May 2019

20 Homes Sold in May (Increased by 3 homes from April)

Stuart Florida 34994 Residential Market Report May 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed exceptionally strong activity for May and this area of Stuart could benefit from an increased number of homes available for sale.

The one-month absorption rate for the 34994 zip code for April plunged to 3.9 months from 5.4 months for April.  Dropping down into a pretty extreme seller’s market t for the 34994 zip code area of Stuart, FL   A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The May 2018 numbers were 67 Active Listings, 35 pending sales, and 23 closed sales.  Slightly lower closed sales volume this year but a much greater number of pending sales (on higher inventory).  This is a good sign for the near future.

Stuart Florida 34994 Residential Market Report May 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 May 2019

Jensen Beach Golf and Country Club June 2019 Market Report

06.18.19 by

Jensen Beach Golf and Country Club June 2019 Market Report

There are currently 15 homes and/or villas available for sale in the Jensen Beach Golf and Country Club.  List prices range from $259,900 up to $474,900.  This is an average list price of $363,900 which equals $203.82 per square foot of living area.

Only 1 home is currently under contract.  The list price was $229,000 or $170.51 per square foot of living area.  This home was on the market for 21 days before going under contract.

In the past 12 months, 47 homes have sold.  The sales prices ranged from $222,000 up to $450,000.  This works out to an average sales price of $338,834 which is $193.55 per square foot of living area..  These homes were on the market for an average of 92 days before going under contract and sold for an average of 97% of list price.

 About the Jensen Beach Golf and Country Club:

The Jensen Beach Golf and Country Club in Jensen Beach Florida is one of the most desirable communities on Florida’s Treasure Coast.  There are 656 homes and home sites spread out on over 240 acres of wildlife preserve with plenty of privacy and homes from four different builders.   Homes began to be constructed in 2000 and new homes from D.R. Horton and Renar Homes have been recently completed.  Previous builders included WCI Communities and Engle Homes.

 The Jensen Beach Golf and Country Club is home to the Eagle Marsh Golf Course.   This is a public course and all are welcome to play.  Inexpensive membership plans are available along with dining facilities, a snack bar, and a pro shop.  More information about the Eagle Marsh Golf Club can be found on their website.

  Homes in the Jensen Beach Golf and Country Club range from smaller 2 BR attached villas of approximately 1300 plus square feet of living area and single car garages to spacious one floor and two-story pool homes of just over 2500 square feet with 3 car garages.  In addition to the facilities associated with the Eagle Marsh Golf Club, there are two community pools and an active tennis club with 6 professional courts along with a local pro and active league play.

 All of these amenities come at an incredibly attractive HOA fee of around $230 per month and include landscaping, trash pickup as well as basic cable TV service.

The Jensen Beach Golf and Country Club is attractively situated only 2 miles from the Indian River (the Intracoastal Water Way) and quaint downtown Jensen Beach.  And, just across the causeway to the public beach of Jensen beach for those wishing to take advantage of the clear waters of the Atlantic Ocean.  Less than a mile to the west is the Treasure Coast Mall and the shopping and restaurant corridor of US-1.

For those with children, the ‘A’ rated Jensen Beach High School is within walking distance from the front gate of the Jensen Beach Golf and Country Club.

Here are the currently available homes in the Jensen Beach Golf and Country Club

 For any questions you may have about the Jensen Beach Golf and Country Club, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

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

Jensen Beach Golf and Country Club June 2019 Market Report

Sewalls Point Single Family Market Report May 2019

06.17.19 by

Sewalls Point Single Family Market Report May 2019

Sewalls Point Real Estate Snapshot, Residential Sales for May 2019

There are currently 53 active listings (Down by 8 homes from last month)

Sewalls Point Single Family Market Report May 2019

10 home sales are pending and awaiting close or lender approval (Down by 7 home from April)

Sewalls Point Single Family Market Report May 2019

13 Homes sold in April (Decreased by 1 home from April)

Sewalls Point Single Family Market Report May 2019

The single-family real estate market in Sewalls Point continues with strong sales activity.  The inventory has now dropped to lower than the desirable number of homes on the market.  This may negatively impact sales numbers in the near future.

The absorption rate dropped to 4.1 months, in April it was 4.4 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 May 2018, the inventory was 51 homes on the market, 12 pending sales and there were 7 closed sales.  Pretty similar results when compared to last year.  Slightly higher closed sales this year while pending sales were a bit better last year.

Sewalls Point Single Family Market Report May 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 May 2019

 

The Soundings of Hobe Sound June 2019 Market Report

06.17.19 by

The Soundings of Hobe Sound June 2019 Market Report

For June 2019 there are 6 active listings in the Soundings Yacht and Tennis Club in Hobe Sound, FL.  List prices are from $479,000 up to $1,750,000.  This is an average list price of $1,065,333 which equals $367.39 per square foot of living area.

There are also two homes under contract which have not sold to date.  The list prices are $2,100,000 and $2,490,000. This works out to an average list price of $2,295,000 which is $498.78 per square foot of living area.  These two homes were on the market for an average of 101 days prior to going under contract.

In the past 12 months, 14 homes have sold in the Soundings.  Sales prices ranged from a low of $329,000 to a high of $1,600,000 for an average sales price of $760,921 or $316.78 per sq. ft. of living area. These homes were on the market for an average of 40 days prior to going under contract and sold for an average of 97% of list price.

About the Soundings in Hobe Sound FL:

The Soundings in Hobe Sound.JPG

Conveniently located only minutes from beautiful Jupiter Island Beach, June 2019 Market Report The Soundings Yacht and Tennis Club, Florida is an active planned community bordering both sides of Gomez Avenue in Hobe Sound.  There are a total of 153 home sites in the Soundings with only 2 vacant lots unbuilt at last count.

The Soundings in Hobe Sound FLOn the East side of Gomez, the Soundings homes are mostly waterfront with deep water docks accessing the Intracoastal waterway.  A small marina with additional docks deeded to a few select homes that do not have waterfront locations.  In addition, there is a boat ramp as well as trailer storage for those wishing to keep their boats in dry storage.  In addition, there’s a large community pool, tennis courts, and an active fully equipped clubhouse.The Soundings in Hobe Sound FL

Homes in the Soundings Yacht and Tennis Club range from spacious estate homes with Intracoastal views to smaller cottages that are perfect for the occasional seasonal resident or those not requiring large homes but want easy access to the water.

The Soundings in Hobe Sound FLMore information about the Soundings Yacht and Tennis Club can be found on their community website.

Search for Homes in the Soundings Yacht and Tennis Club

View all of our Listings

Hobe Sound  Real Estate is presented by:

the Gabe Sanders real estate team

 The Soundings in Hobe Sound.JPG The Soundings in Hobe Sound.JPG

The Soundings of Hobe Sound June 2019 Market Report

Snug Harbor Stuart June 2019 Market Report

06.16.19 by

Snug Harbor June 2019 Market Report

As of June 2019, there were no active listings in Snug Harbor in Stuart, FL.

There are also no homes currently under contract.

2 homes have sold in Snug Harbor in the past 12 months.  The sales prices were $657,500 and $1,400,000.  This is an average sales price of $1,028,750 which is $581.71 per sq. ft. of living area.  These sales averaged 78% of the last listed price and averaged 101 days on market prior to going under contract.

About Snug Harbor

Snug Harbor remains as one of the most desirable locations in Stuart, FL. Located on the wide Saint Lucie River just east of the city of Stuart Florida is this unique subdivision.

Snug Harbor was the vision of a group of 10 Yachtsmen, many former Commodores of the Chicago Yacht Club back in 1943. They bought the land and platted the area in September 1944 as well as forming the Snug Harbor Corporation, which controlled the ownership of the lots.

Snug Harbor Yacht Club in Stuart FL

In 1975 the deeds were distributed and/or sold to the then owners and a condominium form of ownership was established under the name of the Snug Harbor Yacht Club. With both waterfront and non-waterfront homes and estates, located just minutes away from the ocean by boat or car and also convenient to downtown Stuart, offices, restaurants and recreational areas.

Snug Harbor Yacht Club in Stuart FL

Snug Harbor is one of the finest communities in Martin County. There are only 72 home sites with a clubhouse, deep water marina, boat ramp, trailer parking and tennis courts. There is an active association with social activities year-round that make this community a very attractive place to call home.

Snug Harbor in Stuart FL

Please feel free to contact Gabe Sanders (772-888-2885), a Snug Harbor resident, if you would like any information about this wonderful community.

Snug Harbor in Stuart FL Snug Harbor in Stuart FL

Search here for:

Snug Harbor Homes for Sale

Snug Harbor June 2019 Market Report

Investing in a Rental Property: Tips for First-Timers

06.15.19 by

Rental Property

Photo via Pixabay

Investing in a Rental Property: Tips for First-Timers

Investing in a property is a big decision, but many Americans have gone that route in recent years, and for many reasons: not only is it a great way to diversify your portfolio, and if you decide to rent it out, it’s a way to make income throughout the year as well. If you can find a property — or if you already own one — that’s in a great location and has a lot to offer someone who is traveling or vacationing, you’re already several steps ahead of the game because location is everything. There’s a lot to consider, however; investing in a rental property takes a lot of time and hard work, especially in the beginning.

A few things to take into consideration include whether there are parks, restaurants, and attractions nearby, if the spot is popular with tourists, and how much similar homes are renting for in the area. You’ll want to do your research on the neighborhood and find out what renters are looking for, design-wise; are families attracted to the area, or is it a youthful spot full of nightlife? These details matter when you’re trying to find clients.

Here are a few things to consider.

Do the Leg Work

Investing in a property in order to rent it out takes quite a bit of work and research; you’ll need to think about the location if you don’t already own the property, as well as find out what nearby rentals are going for. Think about the fact that homes with great views that are close to spots like parks, lakes, or the ocean are the ones that can fetch quite a price, and if you decide to sell at some point down the road, you’ll have an easier time finding a buyer. Do a little homework, in the beginning, to nail down the details; you’ll thank yourself later.

Consider the Profitability Factor

When you’re renting out a property, it’s essential to make sure you consider how profitable it will be by looking at the neighborhood, the amenities you can offer tenants, and the details, such as what the weather is like year-round. If you invest in a home that you can rent out to skiers in the mountains and get a good deal, consider that you’ll have to take care of the upkeep and repairs on a home that could potentially have damage from snow, ice, and wind. If your year-round home is far away, it may be a hardship to take care of your rental. Make sure you understand the true costs before you jump in.

Create a Web Presence

Creating a web presence is essential if you want to attract customers to your rental. From giving clients a way to communicate with you to having a space to show off your rental property using photos, having an engaging website and active social media accounts will go a long way toward helping you find the right people to pair with your home. So, look for a web platform that fits your budget but still offers everything you need, and create social media pages for your property that will help you connect with potential clients.

Give Them What They Want

Renters in different areas of the country will be looking for different amenities, so it’s important to do a little homework online to find out what you should offer in your rental. From updated bathrooms to extra sleeping areas, the things renters will shell out big bucks for vary depending on which state you’re in. Think, too, about how the home’s resale value will be affected.

Investing in a rental property is a great way to earn extra income while taking steps to make a solid plan for the future, but it can be an overwhelming job if you aren’t properly prepared. Make sure you understand your legal obligations before you get started, and think about the easiest ways to stick to your budget when it comes to furnishing and designing the home. With a good plan, you’ll be on your way to booking your first guest in no time.

This post courtesy of:
Suzie Wilson ⎸info@happierhome.net  ⎸Happier Home

Investing in a Rental Property: Tips for First-Timers

 

 

 

 

 

 

Tennis Villas June 2019 Market Report

06.15.19 by

Tennis Villas June 2019 Market Report

As of June 2019, there are 2 condos for sale in the Tennis Villas of Indian River Plantation on Hutchinson Island in Stuart FL.  These condos are listed for $239,900 and $284,900.  This is an average list price of $262,400 or $284.42 per sq. ft. of living area.

There are is one condo currently under contract.  The list price was $269,000 which is $308.84 per sq. ft. of living area.  This condo was on the market for 33 days before going under contract.

6 Tennis Villas condos have sold in the past 12 months.  The sales prices ranged from $210,000 up to $285,000.  This is an average sales price of $243,167 which works out to $274.91 per sq. ft. of living area. These condos sold for an average of 93% of list price with and were on the market for an average of 85 days prior to going under contract.

Tennis Villas in Indian River Plantation

About Tennis Villas on Hutchinson Island in Indian River Plantation:

Tennis Villas on Hutchinson Island in Indian River Plantation

For those looking to live in a resort setting with the beaches of the Atlantic Ocean close by as well as a full-service Marina, golf course, restaurants, and fitness facilities without paying the premium price of most resorts, then the Tennis Villas in Indian River Plantation might just be the place for you.

Tennis Villas on Hutchinson Island in Indian River Plantation

The Tennis Villas are condos located just off the golf course and surrounded by the Atlantic Ocean to the east and the Indian River (Intracoastal) to the west. There are 92 units built in 1978 and 1979. They are all two bedroom and two bathroom condos with 871 sq. ft. of living area.  The condo association fees are $465.00 per month.  This fee covers Basic Cable TV, Common Areas, Elevator, Exterior Electric, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Lawn Care, Legal/Accounting, Maintenance Exterior, Pest Control, Pool Service, Recreational Facilities, Reserve Funds, Roof Maintenance, Trash Removal, Water and Sewer. The Tennis Villas are pet-friendly and will allow one pet.

Tennis Villas on Hutchinson Island in Indian River Plantation

The Tennis Villas are in an excellent location, just a short walk to the beach and there’s a courtesy tram that is available to take residents and guests around the sprawling facilities of the Marriott resort at Indian River Plantation. Just a short drive to the grocery store, historic downtown Stuart and the many, many amenities that Martin County FL has to offer.

Tennis Villas on Hutchinson Island in Indian River Plantation

Search here for:

Tennis Villas 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.

Tennis Villas June 2019 Market Report

St Lucie County Townhouses and Condos April 2019 Market Report

06.14.19 by

St Lucie County Townhouses and Condos April 2019 Market Report

The St Lucie County Townhouses and Condos April 2019 Market Report rebounded for April with stronger closed sales when compared to last year.  Closed sales were up by 12.3% from last year (were down by 15.3% in March) while new pending sales were down by 11.2% for April (they were down by 14.7% in March).

Prices, though, continue to head higher.  The median price increased by 13.3% from last year (was up by 15.3% in March) while the average sales price increased by 10.7% (was up by 10.1% in March).

The inventory of available townhouses and condos decreased by 6 units from last month to 617 units, which is still 12.6% greater than April 2018. The current inventory is 6.0 months, as compared to 5.3 months of inventory last year.  The St Lucie County townhouses and condos market remains in a balanced 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 April 2019 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos April 2019 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.

St Lucie County Townhouses and Condos April 2019 Market Report

St Lucie County Single Family Homes April 2019 Market Report

06.13.19 by

St Lucie County Single Family Homes April 2019 Market Report

St Lucie County Single Family Homes April 2019 Market Report had improved sales activity when compared to last year and last month. Closed sales were up by 2.1% (in March they were up by 1.6%) and new sales under contract (new pending sales) increased by 10.5% (they were down by 9.7% last month).

Prices were also up for the month.  The median sales price was up by 5.1% (was up by 4.3% in March).  The average sales price was up by 3.9% (it was down by 1.4% in March).

The number of available home listings decreased by 37 homes to 1,967 homes.  This inventory is still 21.0% higher than last year.  The current supply of homes is 4.3 months (it was 3.5 months last year).  The St Lucie County single family home market remains in a quite strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes April 2019 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes April 2019 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.

St Lucie County Single Family Homes April 2019 Market Report

Vista del Lago June 2019 Market Report

06.13.19 by

Vista del Lago June 2019 Market Report

As of June 2019, there are 8 active listings in Vista del Lago in Stuart FL.  The list prices ranged from $79,900 up to $139,000 for an average list price of $96,708 which equals $104.27 per sq. ft. of living area.

There is 1 condo currently under contract which has not closed yet.  The list price was $118,000 which works out to $116.37 per sq. ft. of living area.  This condo was on the market for 88 days before going under contract.

28 condos have sold in the past 12 months. Sales prices were from a low of $53,250 to a high of $122,000 with the average sales price being $81,179. This equals $95.60 per sq. ft. of living area. The average days on market was 43 and these condos sold on average at 95% of list price.

 Vista del Lago in Stuart FL

About Vista del Lago Condos in Stuart FL:

The Vista del Lago condominium complex consists of over 500 condos located north of the Roosevelt Bridge and west of Federal Hwy (US-1) in North Stuart.  This attractive complex is very conveniently located near shopping, restaurants and a quick drive to either downtown Stuart or Jensen Beach.  Just a few minutes more and you can be on the Ocean in either Stuart or Jensen Beach.

Vista del Lago condos were first built in 1974 and the last one was completed in 1979.   All the buildings are two stories and contain both 2 Bedroom, 2 Bath and 1 Bedroom 1 Bath units.  Sizes range from 1,014 sq. ft. of living space down to 631 sq. ft. 1 bedroom units.  Many of these condos have attractive water views as well as some with golf course views of the Pine Lakes Golf Club.

There’s an active clubhouse with a large swimming pool as well as shuffleboard courts.  No pets are permitted in Vista del Lago and this is an age restricted (55+) community.  The HOA fees range from the low $200’s for a 1 Bedroom unit to just under $300 per month for 2 Bedroom condos.

Search here for:

Vista del Lago 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.

Vista del Lago June 2019 Market Report

Martin County Townhouses and Condos April 2019 Market Report

06.12.19 by

Martin County Townhouses and Condos April 2019 Market Report

Martin County Townhouses and Condos April 2019 Market Report continues with weaker sales activity when compared to last year.  Closed sales for the month were down by 4.8% (were down by 19.9% in March) while new sales under contract (new pending sales) were down by 22.3% from April 2018 (decreased by 1.5% in March).

Prices, though, continue to rise at strong rates.  The median sales price increased by 11.0% (was down by 1.1% in March) while the average sales price increased by 11.1% (was up by 2.3% in March).

The inventory of available townhouses and condos decreased by 5 units to 446 properties as compared to last month.  This is 3.7% greater inventory then we had in April 2018.  Currently, there’s a 4.7 month supply of inventory (compared to 4.4 months for April 2018).  Remaining in a seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos April 2019 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos April 2019 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.

Martin County Townhouses and Condos April 2019 Market Report

Ballantrae June 2019 Market Report

06.12.19 by

Ballantrae June 2019 Market Report

For June 2019 there are 11 active listings in the Ballantrae community in the Sandpiper section of Port St Lucie, FL.  List prices range from $229,900 up to $1,399,000.  This is an average list price of $584,236 which equals $205.52per sq. ft. of living area.

There are 4 homes currently under contract which have not closed to date.  List prices were from $209,900 up to $449,900.   These prices average to $317,400 or $145.97 per sq. ft. of living area.  These homes averaged 187 days on market before going under contract.

In the past 12 months, there have been 29 home sales.  Sales prices ranged from a low of $206,000 up to $1,350,000.  This works out to an average sales price of $353,207 which works out to $155.35 per sq. ft. of living area.  These homes were on the market for an average of 74 days prior to going under contract and sold at an average of 94% list price.

About Ballantrae in Port St. Lucie:

Ballantrae Golf and Waterfront Homes

Ballantrae is a gated community of over four hundred homes located in Port Saint Lucie, Florida. We’re on the North Fork of the Saint Lucie River with direct access to the South Fork of the river which leads to Lake Okeechobee and the Gulf of Mexico. In addition, the Indian River Intracoastal Waterway and access to the Atlantic Ocean via the St. Lucie inlet are both within an easy sail down the river.

Ballantrae in Port St. Lucie

There is a newly updated and private Jack Nicklaus Signature golf course, Santa Lucia River Club. This is a par 72 championship course of masterful design that winds through 402 acres of upland preserves, oak hammocks, and stands of mature pines.

Ballantrae in Port St. Lucie

In addition to golf and boating, we offer tennis, swimming, fishing, and a Homeowners Community Clubhouse which is the center of many community activities.

Ballantrae in Port St. Lucie

Search for Ballantrae 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.

Ballantrae June 2019 Market Report

Martin County Single Family Homes April 2019 Market Report

06.11.19 by

Martin County Single Family Homes April 2019 Market Report

The Martin County Single Family Homes April 2019 Market Report had quite a strong April after a few weaker months to start the year.  Closed sales were up by 13.7% (were down by 13.4% in March).  While new pending sales increased by 3.0% as compared to April 2018 (Decreased by 2.3% in March).

Prices were lower for April.  The median sales price was down by 1.4% from last year (up by 0.9% in March) while the average sales price decreased by 14.5% (was up by 0.4% last month).

The inventory of available single-family homes decreased from last month by 2 homes to 1104 units for April,  this is 5.6% less inventory than last April.  The current supply of homes is 5.6 months.  For April of last year, it was a 4.9 months supply.  We’re still in a seller’s market for Martin County single-family home sales, but only barely.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes April 2019 Market Report

Click here to view or download the full report:
Martin County Single Family Homes April 2019 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.

Martin County Single Family Homes April 2019 Market Report

Dune Walk on Hutchinson Island June 2019 Market Report

06.11.19 by

Dune Walk on Hutchinson Island June 2019 Market Report

There are 3 condos available for sale in Dune Walk in June 2019 on Hutchinson Island in Jensen Beach Florida.  List prices are from $339,500 up to $365,000.  This is an average list price of $351,500 or $350.11 per sq. ft. of living area.

There are 2 condos currently under contract.  These condos were listed for $280,000 and $299,000.  For an average list price of $289,500 which is $286.03 per sq. ft. of living area.  These condos went under contract in an average of 242 days after being listed.

In the past 12 months, 6 condos have sold in Dune Walk.  Sales prices ranged from $200,000 up to $365,000.  This works out to an average sales price of $306,833 which works out to $301.46 per sq. ft. of living area.  These condos averaged 53 days on market before going under contract and sold for an average of 95% of list price.

About the Dune Walk Condos in Jensen Beach FL:

Dune Walk on Hutchinson Island June 2019 Market Report

The Dune Walk Condos of Jensen Beach on Hutchinson Island are the two northernmost oceanfront condos on Hutchinson Island in Jensen Beach.  These two buildings were completed in 1983 and contain 104 two bedroom, 2 bathroom condos with either 1,044 or 984 sq. ft. of living area under AC.

Dune Walk condos on Hutchinson Island in Jensen Beach FL

The Dune Walk Condo feature community amenities of a clubhouse with a full kitchen, exercise room and TV room, pool, BBQ grill, and is a gated with a full security system and on-site manager.

Dune Walk condos on Hutchinson Island in Jensen Beach FL Dune Walk condos on Hutchinson Island in Jensen Beach FL

The current condo fees are $417.00 a month.  These fees cover Common Areas, Common R.E. Tax, Elevator, Fire/Liability Insurance, Grounds / Plants, Insurance-Bldg, Janitor, Lawn Care, Legal/Accounting, Maintenance – Repair, Management Fees, Pest Control, Pool Service, Real Estate Tax, Reserve Funds, Roof Maintenance, Sewer, Trash Removal and Water.

 Dune Walk Condos in Jensen Beach FL Dune Walk Condos in Jensen Beach FL

One small pet and rentals with a one-month minimum stay are allowed.  For those looking for a private oceanfront retreat, the Dune Walk condos might be the right fit.

Click here to search for available Dune Walk Condos in Jensen Beach FL

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

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.

Dune Walk on Hutchinson Island June 2019 Market Report

Florida Townhouses and Condos April 2019 Market Report

06.10.19 by

Florida Townhouses and Condos April 2019 Market Report

The Florida Townhouses and Condos Market Report for April 2019 had stronger sales activity when compared to last April.  Closed sales were up by 3.2% as compared to last month’s decrease of 6.1% and new sales under contract (new pending sales) decreased by 0.8% (In March there was a 3.1% increase).  A little stronger showing than in the past few months.

Prices continue to rise, though at a more moderate pace than in the past few years.  Median sales prices were up by 2.1% (was up by 3.6% in March), while the average sales price increased by 3.1% (was up 6.3% in March).

The inventory of active listings increased by 6.4% from April of last year.  We now have 6.1 months of inventory as compared to 5.8 months for April 2018.  Remaining in a balanced 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 April 2019 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 April 2019 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 April 2019 Market Report

The Oaks of Hobe Sound June 2019 Market Report

06.10.19 by

The Oaks at Hobe Sound June 2019 Market Report

For June 2019, there are 6 homes available for sale in the Oaks at Hobe Sound.  List prices range from $299,000 up to $429,000.   This is an average list price of $370,300 which works out to $149.22 per sq. ft. of living area.

There are 2 homes currently under contract.  The list prices were $339,900 and $464,000.  This works out to an average list price of $401,950 or $145.45 per sq. ft. of living area.  These homes were on the market for an average of 68 days before going under contract.

In the past 12 months, 19 homes have sold in the Oaks.  The sales prices ranged from a low of $337,000 up to a high of $470,000.   This equals an average sales price of $380,974 which is $155.34 per sq. ft. of living area.  These homes averaged 76 days on the market prior to going under contract and sold for an average of 98% of list price.

About The Oaks at Hobe Sound FL:

The Oaks at Hobe Sound FL

Just minutes from the beaches in Hobe Sound, The Oaks is a beautiful gated community where every home has a preserve or pond to look out onto in their back yard. These gorgeous homes are newer having been built between 2006 and 2012 and most have plenty of space for growing families. The community has a play area for children and a public pool. Located in Martin County where schools have only the best reputation with their ‘A’ ratings. The Oaks is close to many recreational areas such as Jonathan Dickinson Park where you and your family can enjoy boating, fishing, and jogging.

The Oaks of Hobe Sound June 2019 Market Report

There are 220 homes in this community.  Home sizes range from the smallest homes which have 3 bedrooms, 2 bathrooms and a 2 car garage with just under 1,600 sq. ft. of living area up to 4 bedrooms and bathrooms and over 3,300 sq. ft. of living area.  These homes are mostly on smaller lots of under 1/5 of an acre.

The Oaks at Hobe Sound FL

HOA fees range from $247 to $259 per month (as of May 2019).  These fees include Cable, Lawn Care, Pest Control, Recreational Facilities, Security, and Trash Pickup.

The Oaks at Hobe Sound FL

(Please call us for a list of non-Martin County MLS listings in the Oaks)
the Oaks in Hobe Sound 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.

The Oaks at Hobe Sound June 2019 Market Report

Fairway Villas June 2019 Market Report

06.09.19 by

Fairway Villas in Indian River Plantation June 2019 Market Report

There is one condo for sale in Fairway Villas on Hutchinson Island in Indian River Plantation for June 2019.  The list price is $375,000 which is $326.09 per sq. ft. of living area.

There is 1 condo currently under contract.  The list price was $289,000 which works out to $272.38 per sq. ft. of living area.  This villa was on the market for 31 days prior to going under contract.

There have been 2 sales in the past 12 months.  Sales prices were $270,000 and $370,000.  This equals an average sales price of $320,000 or $212.78 per sq. ft. of living area.  These villas sold for an average of 97% of list price and were on the market for an average of 111 days before going under contract.

About Fairway Villas in Indian River Plantation:

Fairway Villas in Indian River Plantation

The Fairway Villas of Hutchinson Island in the Indian River Plantation complex of Stuart consist of 10 smaller one and two story buildings.  They are very close to the Marriott Resort and full-service marina in Indian River Plantation. These villas were built in 1978 with most of the condos having magnificent sweeping views of the Indian River Plantation Golf Course and lakes.

Fairway Villas in Indian River Plantation Fairway Villas in Indian River Plantation

There are 33 spacious condos with a mix of three bedroom, three bathroom condos of 1,150 sq. ft. and two bedroom two bath condos with 961 sq. ft. of living area. Some of the Fairway Villas units have a detached one car garage while others have assigned parking along with a number of additional guest spaces. This is a pet-friendly building with one large pet permitted. Fairway Villas residents enjoy their own community pool for Fairway Villas resident’s exclusive use.

Fairway Villas in Indian River Plantation Fairway Villas in Indian River Plantation

Current condo and management fees are $525 to $575 per month depending on the size of the condo and if the unit has a garage.

Fairway Villas in Indian River Plantation Fairway Villas in Indian River Plantation

Click here to view available Fairway Villas Condos or Sale

About the Marriott Resort at Indian River Plantation Features:

Indian River Plantation consists of numerous condominium associations and buildings. All styles from Oceanfront to Riverfront and Golf and Tennis villas can be found here. IRP is associated and co-located with the Marriott Resort and Marina.

Tucked away on Hutchinson Island, the Treasure Coast’s 16-mile lush barrier island is a unique resort that greets guests with the warmth of true Southern hospitality.
The Hutchinson Island Marriott Beach Resort and Marina stretches across 200 acres of plantation landscape on Hutchinson Island, bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.

A newly remodeled lobby with sweeping draperies, plantation-style wood furnishings, and tropical tones sets the stage for a magical golf getaway. This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. Plantation East, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

The Hutchinson Island Marriott offers guests and residents two tiki bars and their Signature Restaurant, the Baha Grille. Thirteen Novagrass tennis courts, miles of unspoiled beaches, water sports, deep sea fishing, and a full-service 77-slip marina anchored on the Indian River round out a perfect vacation of sun and fun.
Resort amenities also include three heated pools with sundecks, game rentals from the Activities Hut, two outdoor spas and supervised activities for both children and teens.

Additional Indian River Plantation Condos you may wish to consider:
Bayview – Beachwalk – Dunes Club – Inlet Village – Lakeside – Ocean House – Ocean Terrace – Plantation Club Villas – Plantation House – Resort Villas – River Village – Riverbend – Riverwood – Tennis Villas

Indian River Plantation 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 please click on this link.

Fairway Villas in Indian River Plantation June 2019 Market Report

Seascape in Rocky Point June 2019 Market Report

06.08.19 by

Seascape Condos in Rocky Point June 2019 Market Report

There are no condos currently available to purchase in the Seascape condo complex in the Rocky Point area of Stuart FL.

There is 1 condo currently under contract.  This condo was listed for $155,000 or $137.78 per sq. ft. of living area.  This condo was on the market for 28 days before going under contract.

In the past 12 months, 2 Seascape condos have sold.  Sales prices were $143,500 and $185,000.  This works out to an average sales price of  $164,250 which equals $113.54 per sq. ft. of living area.  These condos were on the market for an average of 60 days before going under contract and sold for an average of 93% of the list price.

About Seascape Condos in Rocky Point in Stuart FL:

Seascape Condos in Rocky Point in Stuart FL

A complex of 46 condos built from 1985 to 1988 in a very private and secluded area in the Rocky Point community of Stuart FL.  The condos in Seascape range from 4 bedroom 3 bathroom units down to 2 bedroom 2 bathrooms with living area square footage from 1,990 down to 1,125 and some sizes in between.  Some of these condos are two level units while others are either a first or second floor one level condo.

Seascape Condos in Rocky Point in Stuart FL Seascape Condos in Rocky Point in Stuart FL

There’s a community pool and tennis court along with ample parking and green space.   One large pet is allowed and rentals are also permitted with some restrictions (Only one time per year).  All ages are welcome and sorry, no motorcycles or trucks are permitted.

The Seascape Condo association fees as of April 2019 were $392 per month.  These fees cover Basic Cable TV, Common Area Maintenance, Exterior Building Insurance, Lawn Care, Exterior Building Maintenance, Pest Control, Pool Service, Reserve Funds, Roof Maintenance, Trash Removal, and Management.

Seascape Condos in Rocky Point in Stuart FL

Located just a short walk from Twin Rivers Park and also close to boat ramps, marinas, restaurants, and shopping.  These Seascape condos are one of the best secrets in Martin County for affordable living.

Click here to see the currently available Seascape Condos for sale

Seascape Condos in Rocky Point June 2019 Market Report