Florida Townhouses and Condos July 2018 Market Report

09.07.18 by

Florida Townhouses and Condos July 2018 Market Report

The Florida Townhouses and Condos July 2018 Market Report remains in a strong market with better activity when compared to last year.  Closed sales were up by 8.5% as compared to last month’s increase of 1.2% and new sales under contract (new pending sales) increased by 1.8% (In June there was a 0.0% increase).

Prices, also, continued to rise for July though at a slightly slower rate than in past months.  Median sales prices were up by 5.3% (was up by 7.5% in June), while the average sales price increased by 1.0% (was up 9.6% in June).

The inventory of active listings decreased by 2.2% from July of last year.  For July 2018 we have 5.3 months of inventory (was 5.5 months in June) and compared to 5.6 months for July 2017.  We remain in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos July 2018 Market Report

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

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

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

Florida Townhouses and Condos July 2018 Market Report

Bay Tree Hutchinson Island September 2018 Real Estate Market Report

09.07.18 by

Bay Tree Hutchinson Island September 2018 Real Estate Market Report

There are no active listings in Bay Tree on Hutchinson Island in Jensen Beach at this time.

There are also no homes in Bay Tree currently under contract.

In the past 12 months, 3 homes have sold in Bay Tree.  Sales prices ranged from $320,000 up to $407,000 for an average sales price of $352,333 or $185.45 per sq. ft. of living area.  These homes sold for an average of 96% of list price and were under contract within an average of 100 days on the market.

Bay Tree on Hutchinson Island

Directly across from the beautiful beaches of the Atlantic Ocean, Bay Tree is a wonderful gated community that is made up of 32 homes on Hutchinson Island in Jensen Beach. These newer homes are statuesque and spacious. Bay Tree is in a calm area of Jensen Beach but not too far away from all the excitement of the city or the rest of what the Treasure Coast has to offer. Orlando is only 2 hours away; while West Palm Beach is only 45 minutes away. The beaches have beautiful crystal blue water and soft sand. Enjoy all the advantages of Florida living in this wonderful friendly community!

Bay Tree on Hutchinson Island Bay Tree on Hutchinson Island

Homes in Bay Tree were built from 1992 to 2002 and consist of 2 bedroom, two bathroom homes of just over 1,500 sq. ft. of living area up to a spacious 4 bedroom, 4 bathroom home with just under 4,000 sq. ft. of space under AC.  This community has access to the beach at Waveland Beach Park directly across the street.  And is now also equipped with a good sized day dock where boaters and fisherman can stop to pick up guests and supplies for the day.

Bay Tree on Hutchinson Island Bay Tree on Hutchinson Island

The Bay Tree community is only just over 1.5 miles from the Jensen Beach Causeway and residents have easy and convenient access to downtown Jensen Beach with it’s restaurants and shopping.  And, only 5 miles to the Stuart Causeway for additional options for shopping, entertainment and dining.

Bay Tree on Hutchinson Island Bay Tree on Hutchinson Island

HOA fees are a very reasonable $850 per quarter which include maintenance and insurance of the common areas and community pol and day dock.  This community allows rentals and is a pet friendly community with large dogs permitted.

Bay Tree on Hutchinson Island Bay Tree on Hutchinson Island

For possible off-market homes in Bay Tree, please contact the Gabe Sanders BlueWater realty team.

Search Here for Bay Tree Homes for Sale

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Bay Tree Hutchinson Island September 2018 Real Estate Market Report

Florida Single Family Homes July 2018 Market Report

09.06.18 by

Florida Single Family Homes July 2018 Market Report

The Florida Single Family Homes July 2018 Market Report showed stronger activity when compared to last year and remains very active. Closed sales were up by 3.8% (were down by 1.3% in June) and new sales under contract (new pending sales) were down by 0.3% (were down by 3.3% in June).

Prices are also continuing to rise.  The median and average sales prices up by 6.3% and 5.7% respectively, compared to June’s 6.1% and 7.7%.

The inventory of available homes for sale remained unchanged from last year.  For July there was a 3.9 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (July of 2017 also had a 3.9 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes July 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes July 2018 Market Report

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

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

Florida Single Family Homes July 2018 Market Report

St. Lucie County Townhouses and Condos 2018 2’nd Quarter Report

09.05.18 by

St. Lucie County Townhouses and Condos 2018 2’nd Quarter Report

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 2’nd Quarter 2018.

St. Lucie County Townhouses and Condos 2018 2'nd Quarter Report

The Saint Lucie Count townhouses and condo real estate market showed weaker activity for the second quarter of 2018 when compared to the same period last year.  Both sales volume and prices decreased.  Though, this market remains quite active as a seller’s market.

To view the full report click the image above or this link.

View the entire set of data at GabeSanders.com

St. Lucie County Townhouses and Condos 2018 2’nd Quarter Report

St. Lucie County Single Family Homes 2018 2’nd Quarter Report

09.04.18 by

St. Lucie County Single Family Homes 2018 2’nd Quarter Report

Click the image below to view the full details of the St. Lucie County single-family homes market report data as reported by St. Lucie County Realtor for the 2’nd Quarter 2018.

St. Lucie County Single Family Homes 2018 2'nd Quarter Report

Slightly weaker sales activity when compared to the second quarter of 2017 as compared to this period last year.  However, prices continued to rise year to year.  Still a strong seller’s market for the St. Lucie County single family homes real estate market.

To view, the full report click the image above or this link.

View the entire set of data at GabeSanders.com

St. Lucie County Single Family Homes 2018 2’nd Quarter Report

Four Rivers September 2018 Palm City Real Estate Market Report

09.04.18 by

Four Rivers September 2018 Palm City Real Estate Market Report

For September 2018, there are three homes for sale in Four Rivers in Palm City FL ranging in price from $649,900 up to $1,650,000 for an average list price of $1,164,967 or $285.25 per sq. ft. of living area.

There is one home currently under contract. The list price was $1,069,000 which is $330.24 per sq. ft. of living area.  This home was on the market for 129 days prior to going under contract.

8 homes have sold in the past 12 months in Four Rivers, with the sales prices ranging from $550,000 up to $1,790,000 for an average sales price of $899,500 which is $216.09 per sq. ft. of living area.  These homes averaged 154 days on the market before going under contract and the sales were for an average at 93% of the list price.

About Four Rivers in Palm City FL:

Four Rivers in Palm City Florida
Google Earth image

Four Rivers is a unique enclave of spacious homes on the banks of the South Fork of the Saint Lucie River.  Ideal for the serious boaters, all of Four Rivers’ home sites are on deep water canals suitable for larger vessels and with no fixed bridges (under 60’) to the Saint Lucie inlet to gain access to the crystal clear waters of the Atlantic Ocean.

Four Rivers in Palm City Florida
Google Earth image

Consisting of 98 home sites, with a minimum ½ acre of land (though most have ¾ acre or more), Four Rivers is a perfect family friendly neighborhood. Very conveniently located close to ‘A’ rated schools, shopping, restaurants and only a few minutes from either downtown Stuart or Florida’s Turnpike for those wishing to commute to our more crowded neighboring counties.

Four Rivers in Palm City

Low HOA fees insure the canals will be maintained to a depth of 6’ at mean low tide to make sure no boats have difficulties navigating to open water.  Four Rivers is a wonderful place to call home.

Search for all Four Rivers Homes for Sale in Palm City

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Four Rivers September 2018 Palm City Real Estate Market Report

 

Martin County Townhouses and Condos 2018 2’nd Quarter Report

09.03.18 by

Martin County Townhouses and Condos 2018 2’nd Quarter Report

2’nd Quarter 2018

Click the image below to view the full details of the Martin County townhouses and condos market report data as reported by Martin County Realtor for the 2’nd Quarter 2018.

Martin County Townhouses and Condos 2018 2'nd Quarter Report

The Martin County townhouse and condo market remains a very strong one and performed much better than the 2’nd quarter of 2017.  Both sales and prices rose for this quarter.  Continuing in a seller’s market for Martin County townhouses and condos.

To view, the full report click the image above or this link.

View the entire set of data at GabeSanders.com

Martin County Townhouses and Condos 2018 2’nd Quarter Report

Tres Belle September 2018 Market Report

09.03.18 by

Tres Belle September 2018 Market Report

There are 3 homes currently for sale in the Tres Belle subdivision of Stuart FL.  Listing prices are from $709,888 to $769,800 for an average list price of $738,129 which works out to $202.38 per sq. ft. of living area.

There is one home under contract.  The list price was $699,500 or $228.82.  This home was on the market for 186 days prior to going under contract.

Eight homes have sold in the past 12 months.  Sales prices ranged from $620,000 up to $774,000.  The average sales price was $699,813 which comes out to $209.52 per sq. ft. of living area.  These homes sold on average of 74 days with sales prices at 98% of list price.

About Tres Belle in Stuart FL:

 

The Tres Belle Estates in Stuart FL is a Kolter Homes development of approximately 167 homes on a minimum of ½ acre lots located just east of Kanner Highway on Cove Road in Stuart FL.

The first homes were completed in 2007 and construction and sales of new homes continue to this date (September 2018).  Homes range in size from a minimum of 3 bedrooms and 2 baths with over 2,500 sq. ft. of living area up to 4 and 5 bedroom, 5 bath homes with close to 4,500 sq. ft. of living area.

Tres Belle is located adjacent to the Atlantic Ridge Preserve State Park which has miles and miles of rugged and scenic trails.  Also, close to shopping on US-1 as well as at the intersection of Cove Rd and Kanner Hwy.  Martin Memorial Hospital South is only a few minutes away.  A consistently highly rated medical facility.  For those looking to commute or just be close to the Interstate, I-95 is only a minute or two away.

For boaters, there is an abundance of waterways and boat ramps and marinas are only a short ride and only a few minutes to your choice of beaches at either Stuart or Jupiter Island.

Tres Belle is located in the ‘A’ rated school district of Martin County with children currently slated for Crystal Lake elementary, David L. Anderson middle and South Fork high schools.

The HOA fees are $588 per quarter and include maintenance of the common areas as well as Cable TV.  This is a pet friendly community.

Search here for all Stuart FL real estate

Tres Belle September 2018 Market Report

Rocky Point Condo in Boating Community Under Contract

09.02.18 by

Rocky Point Condo in Boating Community Under Contract

Beautifully updated 2nd floor, end unit condo in the boating community of the Moorings of Manatee.  This bright and airy home features an updated kitchen with newer appliances and open floor plan. Views of the community pool along with peek-a-boo views of the Manatee Pocket. There is one assigned parking spot and ample guest parking. Accordion hurricane shutters for all windows, crown moldings and fresh paint throughout this unit.  All ages are welcome and one small pet under 20 lbs. is permitted.  A liberal rental policy with a 30-day minimum rental allowed.  This community offers dockage for small to medium boats available for lease or assignment.  There is a fixed bridge with approximately 9’ vertical clearance.  Kayak and canoe storage and fishing is available right from the community docks. Wonderfully located with great restaurants nearby as well as all the amenities that Stuart has to offer.  Carefree Florida living at its finest.

About Rocky Point Real Estate in Stuart Florida:

Search for Search Rocky Point Homes For Sale

Search for Search Rocky Point Condos For Sale

Nestled along what is commonly referred to as the “Treasure Coast” of Florida in splendid Martin County is a cape that the owners of Rocky Point real estate call home. These Martin County properties that sit on the peninsula offer all the amenities of a waterfront community plus some additional bonuses.  For instance, Martin County was named by Forbes Magazine to be one of the best areas to raise a family in the nation. One of the pieces of Rocky Point real estate is Rocky Point Hammock Park which is designated as one of Florida’s great bird trailing parks. This park also offers Rocky Point residents a great place to hike, picnic or enjoy the splendid weather that comes along with Martin County’s subtropical weather comprising of warm summers and mild winters. The ample water access points amidst Rocky Point real estate lend themselves to water-oriented activities.

  • Marinas, docks, launch ramps are plentiful in and around the area
  • Deeded dock rights accompany some neighborhoods
  • Specific homes have the luxury of private ramps and docks
  • Charter fishing and boat tours are readily available for the magnificent waterways surrounding the area

Rocky Point value does not stop at the water. The activities on land in the surrounding area are just as overflowing.

  • Antique Car Parade in Palm City during February
  • Sailfish Power Boat Championship in Stuart during May
  • Sea Turtle Watch in Jensen Beach during  June
  • Dancin’ in the Streets in Stuart during August
  • Jensen Beach Pineapple Festival in November

The list goes on and on. Rocky Point properties are centrally located among a plethora of events, happenings and locations to appeal to the likings in any genre of lifestyle.

The educational opportunities is another accommodation that is more than an expectation. The public and private sectors excel in the development of the student bodies from pre-kindergarten up into the collegial arena.

Rocky Point real estate is comprised of many different choices with a large sector coming from single-family homes.  But, there also are some very attractive condo and townhome communities in this are. Your selection can be made from:

  • Waterfront property
  • Investment houses
  • Large estates
  • Comfortable living quarters

Whatever your needs and desires are they can be met by investing in the right real estate broker. When it comes to Rocky Point real estate we are your professionals. Call us today for the needed guidance that comes from experts in the field of Martin County homes and properties.

Homes and condos for sale in Rocky Point in Stuart FL

Rocky Point Condo in Boating Community Under Contract

Gabe’s September 2018 House Calls Newsletter

09.01.18 by

Gabe’s September 2018 House Calls Newsletter

Click on the image below to view or download Gabe’s September 2018 House Calls Newsletter:

Gabe's September 2018 House Calls Newsletter

Click here to download the full PDF of our September 2018 House Calls Newsletter

You can see all the past issues here:

House Calls Archive

Search here for Stuart Florida Real estate

Gabe’s September 2018 House Calls Newsletter

Gull Harbor August 2018 Market Report

09.01.18 by

Gull Harbor August 2018 Market Report

There are currently no homes for sale in Gull Harbor in Palm City FL.

One home is under contract.  This home was listed for $425,000 or $231.48 per sq. ft. of living area.  It was on the market for 74 days prior to going under contract.

In the past 12 months, there has only been one sale in Gull Harbor.  This home sold for $575,000 which is $319.62 per sq. ft. of living area.  This sales price is 97% of the list price and this home went under contract one day after it was listed.

About Gull Harbor Real Estate in Palm City FL

The Gull Harbor community of Palm City consists of mostly waterfront homes on the shores of the South Fork of the Saint Lucie River as well as an exceptionally wide and deep canal off the river.  This is a non-gated neighborhood with 43 homes and no HOA or deed restrictions.  Of these 43 homes, only 4 do not have access to a dock in their backyards.

The first home built in Gull Harbor was in 1961 and the last was completed in 2014.  There is one residential lot left in Gull Harbor that has not been built upon.  Homes range in size from as small as just over 1,300 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to a 5 bedroom, 3 bathroom home with just under 5,000 sq. ft. of space for living area.

Children attend Bessey Creek Elementary, Hidden Oak Middle and Martin County High Schools.  All of which are considered to be excellent schools in Florida.

Gull Harbor lies just east of Mapp Rd (North of Martin Downs Blvd), see the map below.  Very convenient location with easy access to downtown Stuart, FL or Florida’s Turnpike for commuters and with many choices for shopping, entertainment and other amenities close by.

Click on this link to search for available Gull Harbor Homes for Sale

Martin County Single Family Homes 2018 2’nd Quarter Report

08.31.18 by

Martin County Single Family Homes 2018 2’nd Quarter Report

Click the image below to view the full details of the Martin County single-family homes market report data as reported by Martin County Realtor for the 2’nd Quarter 2018.

Martin County Single Family Homes 2018 2'nd Quarter Report

The Martin County single family home market showed weaker sales and prices when compared to the 2’nd quarter of last year.  Though it remains an active market.   Much of the reduced activity can be attributed to a decrease in inventory.

To view the full report click the image above or this link.

View the entire set of data at GabeSanders.com

Martin County Single Family Homes 2018 2’nd Quarter Report

Four Winds on the River Condo August 2018 Market Report

08.31.18 by

Four Winds on the River Condo August 2018 Market Report

There are no condos currently available for sale in Four Winds on the River in Stuart FL.

For August of 2018 no condos are under contract and awaiting sale.

In the past 12 months, 3 condos have sold in Four Winds.  These condos sold for prices ranging from $232,000 up to $346,500.  This is an average sales price of $270,500 which works out to $178.66 per sq. ft. of living area.  These condos sold for an average of 99% of the list price and were on the market for an average of only 18 days before going under contract.

About Four Winds on the River in Stuart FL:

A wonderful small condo community on the shores of the wide Saint Lucie River in Stuart, FL.   The Four Winds on the River condo complex was built in 1981.   There has been some major updates and upgrades in the recent years.  Only 39 units with the availability of two guest suites if needed by residents.  All of these condos are 2 BR with the exception of 1 one bedroom unit.  Sizes are very generous from 1,900 to 1,350 sq. ft. of living area.

There are ocean access docks suitable for up to a 50′ vessel available for lease.  A large riverfront clubhouse with kitchen and ample common areas for events, get-togethers or large parties.  Two tennis courts and a heated swimming pool.  Four Winds on the River has covered carports for each condo along with ample guest parking.  Four Winds on the River is a gated community and the common areas are shared with the small and exclusive community of Snug Harbor West.

The location is exceptional as it is only minutes to the beaches, shopping, medical facilities and downtown Stuart.

Search for all Four Winds on the River Condos for Sale

 

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Stuart FL Real Estate is presented by:
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Four Winds on the River Condo August 2018 Market Report

Florida Townhouses and Condos 2018 2’nd Quarter Report

08.30.18 by

Florida Townhouses and Condos 2018 2’nd Quarter Report

Click the image below to view the full details of the Florida townhouses and condos market report data as reported by Florida Realtor for the 2’nd Quarter 2018.

Florida Townhouses and Condos 2018 2'nd Quarter Report

Sales and prices for the FloridaTownhouse and Condo real estate market were lower than this quarter last year.  Though, while slower, this is still a very active market.

To view the full report, click on the image above or this link.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2018 2’nd Quarter Report

Anglers Cove Condos August 2018 Market Report

08.30.18 by

Angler Cove Condos August 2018 Market Report

There are currently 4 Angler Cove condos available for sale.  List prices are from $255,000 up to $425,000 for an average list price of $320,475 which equals $237.91 per sq. ft. of living area.

There are no condos under contract at this time in Angler Cove.

In the past 12 months there have been 3 sales.  Sales prices ranged from $245,000 up to $295,000 for an average sales price of $268,333 which works out to $246.18 per sq. ft. of living area.  The list to sales prices averaged at 96%.  These condos averaged 28 days on market before going under contract.

(Please consider that some condos in Angler Cove have deeded docks and some don’t.  This can add to the wide disparity of both listing and sales prices)

About Angler Cove on Hutchinson Island in Stuart FL:

Angler Cove Condos on Hutchinson Island in Stuart Florida is a unique complex with 12 buildings amd 64 units surrounding a man made cove with deep water dockage for the boating enthusiast.

Units include spacious two bedroom units as well as a number of larger three bedroom townhome style homes.  Two buildings on the west side of the complex offer spectacular wide river views of the Intracoastal Waterway (Indian River).

Most first floor units offer dockage just steps outside the living area.  Some second floor units have docks available throughout additional spaces in the cove as well as larger docks built out into the Indian River.

Amenities include a full time on-site manager and maintenance man.  A clubhouse with a large community pool, barbecue areas and some limited boat parking and deeded beach access.

Very well located just minutes to downtown Stuart  Shopping, restaurants and all other services just a short distance away.  An excellent place to call home or to have a Florida get-away for those cold winters up north!

Condo association fees vary from $450 to $560 per month.  The fees include Basic Cable Tv, Landscape/Lawn care, On Site Manager, Reserve Fund, Trash, Water and Sewer.

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Stuart Florida Real Estate

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

Angler Cove Condos August 2016 Market Update

Florida Single Family Homes 2018 2’nd Quarter Report

08.29.18 by

Florida Single Family Homes 2018 2’nd Quarter Report

Click the image below to view the full details of the Florida single family home market report data as reported by Florida Realtor for the 2’nd Quarter 2018.

Florida Single Family Homes 2018 2'nd Quarter Report

The second quarter for 2018 showed continued strong activity when compared to last year for the Florida single family home market.  And, prices continue to rise at a pretty strong pace.

To view the full report click the image above or this link.

View the entire set of data at GabeSanders.com market data page.

Florida Single Family Homes 2018 2’nd Quarter Report

North River Shores August 2018 Market Report

08.29.18 by

North River Shores August 2018 Market Report

The North River Shores August 2018 Market Report for Stuart Florida:

There are currently 11 active listings in North River Shores.  List prices range from $239,000 up to $1,250,000.  The average list price is $648,382 which equals $250.22 per square foot of living area.

2 homes are under contract (pending sales). List prices were $339,000 and $362,500 for an average list price of $350,750 which equates to a $191.95 price per sq. ft. of living area.  These homes averaged 33 days on the market before going under contract.

In the past 12 months, 21 homes have sold in North River Shores at an average sales price of $511,983 or at $229.61 per square foot of living area. Sales prices ranged from a low of $180,000 up to $900,000 and sales averaged 94% of the list price.  These homes were on the market for an average of 108 days prior to accepting the offers that lead to the sale.

About North River Shores in Stuart FL:

The area north of the Roosevelt Bridge to Britt Road and west of US 1 is sometimes loosely referred to as “North River Shores.” However, North River Shores and its companion neighborhoods of Cocoanut Point and North River Forest are distinct subdivisions as recorded in Martin County records.
 
Members of these communities enjoy the benefits of designated park areas as well as the use of the boat ramp at Nosaw Park which accesses the North Fork of the St. Lucie River.  There are also some accompanying deed restrictions that enhance and protect the aesthetic nature of this beautiful community.

The North River Shores communities include both waterfront and non-waterfront homes.  Waterfront homes may have sweeping miles wide views of the North Fork of the Saint Lucie River or protected canal front homes with deep water dockage.  Additionally, North River Shores is a bird and wildlife sanctuary.

 This community is blessed with easy access to shopping, the beaches, houses of worship, schools and access to both downtown Stuart and Jensen Beach, yet it maintains a quiet and peaceful neighborhood character.   This is a wonderful neighborhood within Martin County’s ‘A’ rated school district.  For additional information about North River Shores and/or the surrounding communities, contact Gabe Sanders.

Search the Martin County MLS

courtesy of:
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Stuart Florida Real Estate

North River Shores August 2018 Market Report

Hobe Sound FL 33455 Condo Market Report July 2018

08.28.18 by

Hobe Sound FL 33455 Condo Market Report July 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for July 2018

For July 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 5 active condo listings. (Increased by 1 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2018

5 Condos are pending and awaiting close. (Up by 1 condo from June)

Hobe Sound FL 33455 Condo Market Report July 2018

3 Condos sold in July. (Unchanged from June)

 Hobe Sound FL 33455 Condo Market Report July 2018

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  The inventory of available condos has once again reached very small levels and this will impact future condo market activity in Hobe Sound.  Yet, even with such little inventory, these condos are moving off the market quite fast.

The absorption rate for Hobe Sound condos was 1.3 months for July as compared to 6 months in June).  Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes in percentages that do not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The July 2017 numbers were: 19 active listings, 3 pending sales, and 0 closed sales.  Much better activity this year on hardly any inventory.

Hobe Sound FL 33455 Condo Market Report July 2018

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

Hobe Sound Florida Real Estate presented by:
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Hobe Sound FL 33455 Condo Market Report July 2018

Hunters Creek Palm City August 2018 Market Report

08.28.18 by

Hunters Creek Palm City August 2018 Market Report

Currently for August 2018, there is only one home on the market in Hunters Creek in Palm City, FL.  This home is listed for $370,000 which is also $157.78 per sq. ft. of living area.

There are two homes currently under contract (pending sale).  These homes were listed for $429,000 and $479,000.  This equals an average list priece of $454,000 or $190.81  per sq. ft. of living area.  These homes averaged 89 days on the market before going under contract.

There have been four homes sold in the past 12 months in Hunters Creek.  Sales prices were from $320,000 up to $460,000 for an average sales price of $385,000 which equals $172.03 per sq. ft. of living area.  These homes sold on average of 96% of the last listed price and were under contract on an average 110 days after being listed.

About Hunters Creek in Palm City FL:

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

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

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

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

Hunters Creek Homes for Sale in Palm City FL

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Hunters Creek Palm City August 2018 Market Report

Hobe Sound FL 33455 Residential Market Report July 2018

08.27.18 by

Hobe Sound FL 33455 Residential Market Report July 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for July 2018

  For July 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 192 active listings. (Unchanged from June)

Hobe Sound FL 33455 Residential Market Report July 2018

68 Residential sales are pending and awaiting close  (Down by 12 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2018

53 Homes Sold in July (Up by 4 homes from last month)

Hobe Sound FL 33455 Residential Market Report July 2018

The Hobe Sound Florida Market Report ZIP Code 33455 continues to show strong activity with closed sales up from last month while pending sales were off a bit on steady inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 3.6 months ( It was 3.9 months in June).  Remaining in a seller’s market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for July 2017 were:  208 active listings, 82 pending sales, and 32 closed sales.  Considerably stronger closed sales this year along with weaker pending sales.

Hobe Sound FL 33455 Residential Market Report July 2018

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

Search here for Hobe Sound Florida Real Estate for Sale

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

Hobe Sound FL 33455 Residential Market Report July 2018