Sewalls Point Single Family Market Report April 2018

Sewalls Point Single Family Market Report April 2018

Sewalls Point Real Estate Snapshot, Residential Sales for April 2018

 

There are currently 50 active listings (Up by 2 homes from last month)

Sewalls Point Single Family Market Report April 2018

12 home sales are pending and awaiting close or lender approval (Decreased by 4 homes from March)

Sewalls Point Single Family Market Report April 2018

10 Homes sold in June (Increased by 6 homes sales from March)

Sewalls Point Single Family Market Report April 2018

The single-family real estate market in Sewalls Point had excellent sales activity for April.  Unfortunately, pending sales were off, so I’m not sure how long this good activity will last.

The absorption rate plunged to 5 months, in March was 12 months.  Transitioning into a seller’s market in Sewalls Point for the first time in quite a while.  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 March 2016, the inventory was 65 homes on the market, 18 pending sales and there were 7 closed sales.  Sales activity was better this year, but pending sales are not looking so good.

Sewalls Point Single Family Market Report April 2018

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Sewalls Point Single Family Market Report April 2018

 

Ocean Dunes Condos on Hutchinson Island May 2018 Market Report

Ocean Dunes Condos on Hutchinson Island May 2018 Market Report

As of May 2018, there were 4 condos for sale in Ocean Dunes on Hutchinson Island in Jensen Beach FL. List prices ranged from $310,000 up to $949,900 for an average list price of $584,475 or $365.65 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 3 condos have sold.  Sales prices ranged from $330,000 up to $469,900 for an average sales price of $378,300 which works out to $296.35 per sq. ft. of living area.  These condos were on the market for an average of 166 days before going under contract and sold for an average of 99% of the last list price.

About Ocean Dunes Condos in Jensen Beach FL:

Ocean Dunes Condo in Jensen Beach

Just north of the Jensen Beach Causeway is the very exclusive Ocean Dunes Condo Building.  This 8 story elevator building was built in 1982 and contains only 28 units.  No more than 4 condos per floor with the penthouse having two spacious double sized units of 2,502 sq. ft. under AC each.  The remaining condos are all 2 bedroom, 2 bath with the corner units having 1,298 sq. ft. of living area and the interior ones having 1,228.

Ocean Dunes Condo in Jensen Beach Ocean Dunes Condo in Jensen Beach

There is ample parking as well as beach access, private pool and a tennis court.  One small pet is allowed as well as rentals are permitted with some restrictions.  The current condo fees are $530 per month as of December 2016.

Ocean Dunes Condo in Jensen Beach Ocean Dunes Condo in Jensen Beach

There is shopping located across the street and it’s only a short drive to downtown Jensen Beach.

 Ocean Dunes Condo in Jensen Beach

Click here to search for available Ocean Dunes Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AdmiralAtlantisClaridgeDune WalkEmpressIsland Club –  Island CrestIsland DunesIslandiaMiramarMiramar RoyaleOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasPrincess –  RegencySand Dollar ShoresSea WindsVilla del Sol

Ocean Dunes Condos on Hutchinson Island May 2018 Market Report

St Lucie County Townhouses and Condos March 2018 Market Report

St Lucie County Townhouses and Condos March 2018 Market Report

The St Lucie County Townhouses and Condos March 2018 Market Report reported quite strong closed activity though weaker pending numbers as well as compared to last year.  Closed sales were up by 9.3% from last year (was up by 24.3% in February) while new pending sales were down by 12.8% for March (was up by 10.9% in February).

Prices continued to rise with the median price increasing by 11.0% from last year (was up by 13.8% in February) while the average sales price increased by 18.2% (was up by 18.7% in February).

The inventory of available townhouses and condos decreased by 5 units from last month to 575 units, which is 1.1% less than March 2017. The current supply is 5.6 months, which is 5.1% less than the 5.9 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a 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 March 2018 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos March 2018 Market Report

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

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

 

St Lucie County Townhouses and Condos March 2018 Market Report

Just Listed in the Crossings – Lake Village

 Just Listed in the Crossings – Lake Village


Townhouse for sale in Palm City, FL
Overview
Maps
Photos
Description
$175,000
A hard to find affordable 3 bedroom, 2 ½ bath townhome with a 1 car garage in Palm City. This home features a spacious open plan with the living, dining and kitchen area centrally located on the first floor and three bedrooms and 2 baths upstairs. Full sized washer and dryer in the utility room. The covered and screened patio overlooks green space, preserves and a small pond. Lake Village/The Crossings features a lakeside pool and clubhouse, tennis courts and a scenic walking path around the central lake in the community. This is a community for all ages offering “A-rated” schools, easy access to I-95, the Turnpike, shopping & varied restaurants and just a short drive to historic downtown Stuart & the beaches.
Main Features
3 Bedrooms
2 Full Bathrooms
1 Half Bathroom
Interior: 1,119 sqft
Lot: 2,029 sqft
Year Built: 1992
MLS #: M20011613
Location
1577 SW Crossing Circle
Palm City, FL 34990
USA

Gabe Sanders Gabe Sanders

Real Estate of Florida
(772) 323-6996
Gabe@GabeSanders.com
http://www.GabeSanders.com

       

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 Just Listed in the Crossings – Lake Village

 

St Lucie County Single Family Homes March 2018 Market Report

St Lucie County Single Family Homes March 2018 Market Report

St Lucie County Single Family Homes March 2018 Market Report had a decrease in closed sales when compared to last year but remains a very active real estate market. Closed sales were down by 11.1% (in February they were up by 9.7%) and new sales under contract (new pending sales) increased by 2.2% (they were down by 7.8% last month).

Prices, however, continued their upward march for the month.  The median and average sales prices up by 6.4% and 13.5% respectively from last March (For February these numbers were up 6.9% and 7.4%).  These price rises are a bit less severe than we’ve experienced in the past few months.

Active listings decreased by 119 homes down to 1,647 homes.  This inventory is 5.3% lower than last year.  The current supply of homes is  3.6 months (was 3.8 months for February) compared to 3.9 months for last year.  The St Lucie County single family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes March 2018 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes March 2018 Market Report

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

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

 

St Lucie County Single Family Homes March 2018 Market Report

Martin County Townhouses and Condos March 2018 Market Report

Martin County Townhouses and Condos March 2018 Market Report

Martin County Townhouses and Condos March 2018 Market Report showed mixed sales activity when compared to last year.  Closed sales for the month were up by 6.8% (were down by 2.0% in February) while new sales under contract (new pending sales) were down by 16.1% from March 2017 (decreased by 5.8 in February).

Prices, however, continued their rise as the median sales price increased by 3.3% (was up by 4.7% in February) while the average sales price increased by 14.0% (was up by 7.0% in February) as compared to March of 2017.

The inventory of available townhouses and condos increased by 8 units to 445 properties as compared to last month.  This is he same as the March 2017 inventory.  Currently, there’s a 4.5 month supply of inventory (compared to 4.7 months for March 2017).  Remaining in a strong 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 March 2018 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos March 2018 Market Report

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

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

Martin County Townhouses and Condos March 2018 Market Report

The Arbors in Hobe Sound May 2018 Market Report

The Arbors in Hobe Sound May 2018 Market Report

There is only 1 home available for sale in The Arbors as of May 2018.  It is listed for $519,000 or $230.36 per sq. ft. of living area.

There no homes currently under contract.

In the past 12 months, 10 homes have sold in the Arbors.  Sales prices ranged from $413,000 up to $590,000 for an average sales price of $490,200 which equals $202.89 per sq. ft. of living area.  These sales averaged 97% of the listed price and were on the market for an average of 78 days prior to entering into an agreement for sale.

The Arbors in Hobe Sound FL

About the Arbors in Hobe Sound:

In northern Hobe Sound just west of Federal Highway and off of Seabranch Avenue is the exclusive 190 homes of the Arbors.  This exclusive gated community of upscale homes all border on lakes or preserve with generous lots and elbow room not found in many modern developments.  In addition to the two serene lakes, the Arbors also contains generous nature preserves to protect the indigenous hardwoods and pines as well as offering a home to native flora and fauna.  Residents of the Arbors enjoy seeing endangered scrub jays and gopher tortoises as well as pairs of sandhill cranes.   To enjoy the surrounding 100 acres of protected preserve areas, the Arbors has set up a walking trail through much of this land.  Great for a morning walk or excellent exercise for those that wish to go for a run or jog.

The Arbors in Hobe Sound FL  The Arbors in Hobe Sound FL

All this in a location that is just minutes from many championship golf courses, the beautiful beaches of the Atlantic Ocean and the marinas and waterways of Martin County.  Close to Martin County’s ‘A’ rated schools, shopping centers, medical facilities and all necessary urban services yet in a quiet peaceful setting.  The Arbors is less than an hour away from Palm Beach International Airport and just about equidistant from Miami and Orlando, both only two hours by car.

The Arbors in Hobe Sound FL The Arbors in Hobe Sound FL

The Arbors is a wonderful place to call home.

Search for all Arbors Homes in Hobe Sound Real Estate

The Arbors in Hobe Sound May 2018 Market Report

Sewalls Point Waterfront Lot with Dock Under Contract

Sewalls Point Waterfront Lot with Dock Under Contract

A 1 Acre (0.974) waterfront lot in the desirable Hillcrest development of Sewall’s Point FL with the potential for fabulous water views with a home waiting to be built. There’s a sturdy 500-foot dock in place which has direct ocean access only minutes away at the Saint Lucie inlet to the Atlantic Ocean. This lot is highlighted by picturesque Mossy Live Oaks, Ficus, and Sabal Palms. The location is ideal, just 40 miles north of Palm Beach and halfway between Miami and Orlando. There are 150(+) feet of water frontage on the Indian River (Intracoastal Waterway).

About Sewalls Point:

 Sewall’s Point real estate offers wide water views of the Saint Lucie River, the Indian River, and the Intracoastal Waterway.

The tree-lined streets feature beautiful estate homes, many of which are waterfront with docks.

With a population of about 2,000 residents, Sewall’s Point boasts a high quality of life with small-town character, while offering the amenities of a large town, such as shopping malls, restaurants, big-name chains, three nearby medical centers and more.

  • Enjoy nearby beautiful beaches and an abundance of aquatic activities.
  • Go fishing in one of the many bodies of water surrounding Sewall’s Point.
  • Be a part of the excellent school system in Martin County.
  • Travel only a few minutes by boat to Manatee Pocket a harbor with marinas, waterfront restaurants, and tackle stores.
  • Shop or just browse at the Shoppes of Harbour Bay Plaza featuring specialty shops.
  • Take classes at one of the seven institutions of higher educations within an hour’s drive.
  • Bring your children to the Children’s Museum of the Treasure Coast, offering 12,000 square feet of interactive exhibits.
  • Experience Indian River Park’s famous Interactive Fountain, hiking trails, and pier.
  • Attend one of the many local events held at Indian Riverside Park throughout the year such as Pet Fest and Concerts in the Park held once a month on a Sunday from January through May.

The unique charm of Sewall’s Point real estate is reflected in the variety of homes in Sewall’s Point. Properties to meet the needs and tastes of everyone are found in the Sewall’s Point real estate market. Whether you are looking for an upscale, multi-million-dollar estate or a more modest home, there is something special for everyone in the Sewall’s Point real estate market.

  • Exclusive new subdivisions
  • Unique Riverfront estates
  • Upscale gated communities
  • Custom-built homes
  • Stately homes with private pools
  • Mediterranean- style homes
  • Exquisite waterfront estates
  • Boater’s dream homes

Whatever your style, need, taste or desire in a home, we can meet your Sewall’s Point real estate needs. When you purchase or sell a home within the Sewall’s Point real estate market, we are able to provide you with the expertise you need and the service you want.

Search here for homes in Sewalls Point FL

Search here for Vacant Land in Sewalls Point FL

Sewalls Point Waterfront Lot with Dock Under Contract

Poppleton Creek Condo Market Report for May 2018

Poppleton Creek Condo Market Report for May 2018

As of May 2018, there were no condos available for sale in the Poppleton Creek community of Stuart, FL.

There is 1 condo currently under contract. The list price was $96,900 or $110.74 per sq. ft. of living area.  This condo was on the market for 4 days prior to going under contract.

In the past 12 months, there have been 8 sales.  Sales prices ranged from $85,000 up to $155,000 for an average sales price of $128,474 which equals $110.34 per sq. ft. of living area.  These condos averaged 80 days on the market before going under contract and sold for an average of 96% of list price.

About the Poppleton Creek Condo Community in Stuart FL:

Poppleton Creek Condos in Stuart FL

Conveniently located just west of US-1 (Federal Highway) on Kanner Highway and close to downtown Stuart is the Poppleton Creek Condo Complex.

Poppleton Creek Condos in Stuart FL Poppleton Creek Condos in Stuart FL

 This community consists of two sections.  One is a more traditional type of condo building with units consisting of mostly 2 bedroom condos and a few 1 bedroom units built in 1974 with approximately 875 sq. ft. of living area.  There is also a newer section built in 1981 with 1,250 sq. ft. condos that are more like townhomes with 2 bedrooms and 2 bathrooms.

Poppleton Creek Condos in Stuart FL Poppleton Creek Condos in Stuart FL

The newer section, which was completed between the years of 1984 and 1985 is referred to as the Gardens at Poppleton Creek and consist of a more open plan that are all 1,164 sq. ft. of living area with 2 bedrooms and 2 bathrooms.

Poppleton Creek Condos in Stuart FL

Some units in both of the newer sections lookout at and are along the shores of Poppleton Creek which has ocean access through the Saint Lucie River.  There are docks available in Poppleton Creek that are only suitable for smaller boats as the waters are fairly shallow and one must travel under the Palm City Road bridge which only has limited clearance. There is also a place for kayak storage and launching.

Poppleton Creek Condos in Stuart FL

One medium sized pet is allowed (under 35 lbs.) and rentals are also allowed with restrictions.  There is ample parking but no commercial vehicles are allowed.  Units do have washer and dryer hookups for in-home laundry.

There are two community pools and unfortunately no sports courts at this time.  All ages are welcome and children currently attend the J.D. Parker Elementary School, Stuart Middle School, and the Jensen Beach High School.

Condo association fees as of January 2018 range from $236 to just over $411 per month depending on the section and size of the condo.

Click here to see all the currently listed condos in Poppleton Creek (If any)

Jensen Beach Home Under Contract

Jensen Beach Home Under Contract

Jensen Beach High Elevation Home

View more information and pictures about this Jensen Beach home

High on a hill in the desirable Cross Roads Hill area of beautiful Jensen Beach, you will find this vintage home that has been lovingly maintained by the current owner for over 25 years.  No need to worry about floods as this home sits 40’ above sea level yet within steps to marinas for those looking to take advantage of the great boating in Martin County.  This is a 2 bedroom, 2 bathroom home with a newer AC (2014), granite counter tops in the kitchen with newer stainless steel appliances (2017).  Fully fenced and a wonderful Zen-like garden in the backyard.  Close to shopping, beaches and professional offices and in a great school district.  An affordable gem in a hot real estate market.

Jensen Beach High Elevation Home Jensen Beach High Elevation Home

Jensen Beach High Elevation Home Jensen Beach High Elevation Home

Jensen Beach High Elevation Home Jensen Beach High Elevation Home

 

Click here to see all current Jensen Beach real estate

Presented by Gabe Sanders
Stuart Florida Real Estate

 Jensen Beach Home Under Contract

Martin County Single Family Homes March 2018 Market Report

Martin County Single Family Homes March 2018 Market Report

The Martin County Single Family Homes March 2018 Market Report showed mixed sales reports as compared to last March.  Closed sales were up by 0.4% (was down by 8.6% in February).  While new pending sales decreased by 7.4% as compared to March 2017 (Decreased by 11.1% in February).

Prices, however, continue to go up though at a more moderate rate. The median sales price up by 3.8% from last year (up by 5.7% in February) while the average price increased by 4.5% (was up by 8.5% last month).

The inventory of available single-family homes increased from last month by 5 homes to 1041 units for March,  this is 4.8% less than last March.  The current supply of homes is 5.1 months, for March of last year, it was a 5.5 months supply.  We’re still in a seller’s market for Martin County single-family home sales.  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 March 2018 Market Report

Click here to view or download the full report:
Martin County Single Family Homes March 2018 Market Report

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

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

Martin County Single Family Homes March 2018 Market Report

Coral Lakes May 2018 Market Report

Coral Lakes May 2018 Market Report

For may 2018 there are 5 homes available for sale in Coral Lakes in Stuart FL.  These homes are listed from $364,500 up to $750,000 for an average list price of $504,280 which is equal to $194.20 per sq. ft. of living area.

There is one home currently under contract in Coral Lakes.  This home was listed for $385,000 or $205.88 per sq. ft. of living area and was on the market for 48 days before going under contract.

6 homes have sold in the past 12 months in Coral Lakes.  These homes sold for $272,000 up to $449,900 for an average sales price of $370,273 which works out to $179.49 per sq. ft. of living area. These homes were on the market for an average of 75 days before going under contract and sold for 95% of the list price.

About Coral Lakes in Stuart FL:

Coral Lakes real estate in Stuart FL

The gated Stuart FL community of Coral Lakes is off Willoughby Blvd between Pomeroy Street and Salerno Road.  Communities like this are no longer being developed in most centrally located areas as all of the lots are a minimum of a ½ acre and a number are over an acre.

There are just under 100 home sites in Coral Lakes with the first homes built in 1980 and the most recently completed one was in 2005.  Homes come in all sizes and shapes with different builders and range from just over 1,600 sq. ft. 2 bedrooms and 2 bathrooms homes up to over 4,500 sq. ft. homes with 5 bedrooms and 4 bathrooms and multi-car garages.

Coral Lakes real estate in Stuart FL

Other than a storage lot for boats, RV’s and trailers there are no additional amenities in Coral Lakes and the low HOA fee of $450 per year covers maintenance of the common areas, gates, and management (as of March 2018).  Many homes have private pools in these spacious single family home sites as well as other much-desired amenities.

Coral Lakes real estate in Stuart FL

The location makes it easy for residents of Coral Lakes to commute via I-95 to parts north or south of Martin County and yet still be close to shopping, restaurants, medical facilities, beaches and waterways, and the other great attractions that make Stuart FL so popular among families.

Coral Lakes real estate in Stuart FL

Currently, children attend Pinewood Elementary, Dr. David L. Andersen Middle, and Martin County High Schools.

Check here to see which Coral Lakes homes are available for sale.

Coral Lakes May 2018 Market Report

Beacon 21 Condo C-11 Sold

Beacon 21 Condo C-11 Sold

Beacon 21 Condo C in Jensen Beach FL

 

Beacon 21 Condo building C Suite number 11.  Discover this 2 bedroom, 2 bath, nearly 1300 sq. ft.  condo with river breezes. Beacon 21 is a boater’s dream with docks available through the community marina along with a pool, tennis courts and a clubhouse, Enjoy your morning coffee in the large light and bright Florida Room. Situated in RIO, the up & coming hub of Jensen Beach! Walk to restaurants, parks and just a short drive to shopping, beaches & downtown Jensen Beach! Beacon21 Condo C is a 55+ community and 1 small pet is permitted.

Beacon 21 Condo C in Jensen Beach FL Beacon 21 Condo C in Jensen Beach FL

Beacon 21 Condo C in Jensen Beach FL Beacon 21 Condo C in Jensen Beach FL

About: Beacon 21 Condos in Jensen Beach

Beacon 21 Condos in Jensen Beach

Beacon 21 in Jensen Beach is a low rise condominium development in Jensen Beach FL locate just north of the Saint Lucie River and off of NE Dixie Highway (State Road 707).  This complex contains numerous types of condo buildings that were first built in 1973 and the last phase was completed in 1993.

Beacon 21 Condos in Jensen Beach

There are sections in Beacon 21 that are age restricted to 55 and over while other sections are open to all ages.  There are just over 270 individual condos with most of them being two bedrooms and all but a few having 2 bathrooms as well.  These condos come in sizes ranging from 826 sq. ft. of interior living area up to 1,440.

Most of Beacon 21’s sections are pet-friendly allowing for one medium-sized pet with some areas allowing up to 2.  Rentals are also permitted with some restrictions.

Beacon 21 Condos in Jensen Beach

There are three pools and three tennis courts as well as a clubhouse and shuffleboard courts for Beacon 21.  And, as a bonus, there is dockage for smaller boats (up to 21’) with ocean access.  These docks are available for lease at very reasonable rates when available on a first come first served basis for owners in the Beacon 21 complex.

HOA fees vary from $200 to $450 a month depending on the location and size of the condo.  Children living in Beacon 21 currently attend the Felix A Williams elementary school, Stuart middle school, and the Jensen beach high school.

Beacon 21 Condos in Jensen Beach

This complex is well located only minutes from the beaches, rivers and shopping areas of Jensen Beach and Stuart FL.

Search for available Beacon 21 condos in Jensen Beach

Cedar Pointe Village 7, 1 BR Condo Sold

Cedar Pointe Village 7, 1 BR Condo Sold

This 1 bedroom 1 and 1/2 bathroom condo in building 116 Unit 7 has sold for $55,000.  This  Cedar Pointe Village 7, second-floor condo didn’t even have a chance to make it to the MLS.  Both the buyer and the seller introduced through Gabe Sanders, Stuart Florida Real Estate and made a mutually acceptable sale.

Cedar Pointe Condos in Stuart Florida

An active adult community of 62, 2 story buildings divided into 8 villages with numerous clubhouses and pools as well as recreational areas.  One of the prime locations in the city of Stuart only minutes away from the pristine beaches of the Atlantic Ocean and close to shopping, restaurants and medical facilities.

This 55+ community is the jewel of the Stuart area condominiums because of its location, reasonable condo fees from $235.00 a month up to the high $325.00 per month depending on the size and location as each village sets their own budget.  Cedar Pointe does not allow dogs.  One indoor cat is permitted in Villages 1 through 5.

Cedar Pointe Condos in Stuart Florida

Condominium units consist of 1 bedroom 1 and 1/2 bathroom units and 2 bedroom, 2 bath units.  Each condo has one assigned parking spot along with numerous guests spots throughout the complex.  Laundry facilities are available in each building.

Currently a very affordable complex for those looking for a full-time Stuart, Florida home or just a winter getaway.

Cedar Pointe Condos in Stuart Florida

Search for Cedar Pointe Condos for Sale

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Cedar Pointe Village 7, 1 BR Condo Sold

Florida Townhouses and Condos March 2018 Market Report

Florida Townhouses and Condos March 2018 Market Report

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

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

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

Florida Townhouses and Condos March 2018 Market Report

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

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

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

Florida Townhouses and Condos March 2018 Market Report

Twin Lakes Condo Market Report for April 2018

Twin Lakes Condo Market Report for April 2018

There are currently 6 condos available to purchase in the Twin Lakes community in Stuart FL.  List prices range from $113,900 up to $139,900 for an average list price of $125,267 which equals $115.25 per sq. ft. of living area.

2 condos are currently under contract.  List prices of these pending sales were $83,000 and $119,000 for an average of $101,000 or $96.73 per sq. ft. of living area. These condos averaged 18 days on the market before going under contract.

In the past 12 months, 19 condos have sold in Twin Lakes.  Sales prices ranged from $70,000 up to $120,000 for an average sales price of $108,410 which works out to $99.06 per sq. ft. of living area.  These condos averaged 61 days on the market before going under contract and sold for an average of 96% of list price.

About the Twin Lakes Condo Community:

Twin Lakes Condos in Stuart FL

The Twin Lakes Condos of Stuart FL is located at 6531 SE Federal Highway in South Stuart, just north of the edge of Hobe Sound.  There are just over 280 units in Twin Lakes.  These condos were first built in 1973 through 1979 with the last phase having been completed in 1989.  All condos are 2 bedroom two bathroom units in two-story buildings.  Interior square footage range from 977 up to 1,182.

Twin Lakes Condos in Stuart FL Twin Lakes Condos in Stuart FL

One portion of this community is a 55 an over while the other is open to all ages.  Both phases will accept one small pet.  There is a community pool, clubhouse, tennis courts, shuffleboard courts and a pleasant area for those wishing to hike around the lakes.

 Twin Lakes Condos in Stuart FL Twin Lakes Condos in Stuart FL

The current Condo Association fees are $306 a month (as of April 2018) and these fees cover Building Insurance, Cable, Common Areas, Lawn Care, Maintenance Exterior, Manager, Master Antenna/TV, Pest Control, Pool Service, Reserve Funds and Trash Removal.

Twin Lakes Condos in Stuart FL Twin Lakes Condos in Stuart FL

Children in the all-ages section of twin Lakes attend Port Salerno Elementary School, Murray Middle School, and South Fork High School.

Twin Lakes Condos in Stuart FL

There is ample reserved and guest parking and commercial vehicles, trucks and RV’s are not permitted.  Rentals are OK with some restrictions.

Click here to view the available Twin Lakes condos listed in the Martin County MLS system

Twin Lakes Condo Market Report for April 2018

Whitemarsh Reserve April 2018 Market Report

Whitemarsh Reserve April 2018 Market Report

For April 2018, there are 7 homes available for sale in Whitemarsh Reserve in Stuart FL.  These homes are listed from $238,500 up to $289,000. This is an average list price of $268,671 which equals $131.55 per sq. ft. of living area.

There is 1 townhouse currently under contract.  This home was listed for $234,900 or $134.00 per sq. ft. of living area.  This home went under contract 36 days after being listed.

In the past 12 months, 10 homes have sold in Whitemarsh Preserve.    Sales prices ranged from $192,000 up to $253,000 for an average sales price of $228,080 which is $127.33 per sq. ft. of living area.  These homes averaged 44 days on market prior to going under contract and sold for an average of 97% of list price.

About Whitemarsh Reserve:

Whitemarsh Reserve in Stuart FL

This gated community of new town-homes located in Stuart, just off Kanner Highway (SR 76) is a great place for families or singles. Most Whitemarsh Reserve townhomes have private wetlands views and there’s a tranquil nature trail for relaxing walks or exercise. Residents enjoy a resort style pool, basketball court, and a play area for children! This community is like a portrait with its beautiful landscaping.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

Whitemarsh Reserve townhomes were first built in 2006 and continued through 2012.  The initial townhomes were larger than the last ones that were built.  With the largest ones being 2,299 sq. ft. of living space with 3 bedrooms and 2 bathrooms with 2 car garages and the smallest ones having only 1,000 sq. ft. with 2 bedrooms and 2 bathrooms and a single car garage.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

This is a pet friendly community allowing up to one large dog.  Rentals are also allowed with some restrictions.  The HOA is $154 per month and includes the maintenance of the common areas, basic cable TV, landscaping and lawn service, exterior painting,  trash pickup and the manager.

Whitemarsh Reserve in Stuart FL

Only minutes to I-95 for those wishing to commute either north or south.  Only 30 minutes to West Palm Beach and about 2 hours to Orlando and it’s attractions. The surrounding city of Stuart is a great place to live in with its ‘A’ rated schools, a variety of great restaurants, shopping, gorgeous beaches and recreational activities.

Whitemarsh Reserve in Stuart FL

Search for all Whitemarsh Reserve Real Estate in Stuart FL

Whitemarsh Reserve April 2018 Market Report

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

Gabe’s May 2018 House Calls Newsletter

Gabe’s May 2018 House Calls Newsletter

Click on the image below to view or download my May 2018 HouseCalls Newsletter:

 Gabe's May 2018 House Calls Newsletter

Click here to download the full PDF of our May 2018 HouseCalls Newsletter

You can see all the past issues here:

HouseCalls Archive

Search here for Stuart Florida Real estate

Gabe’s May 2018 HouseCalls Newsletter

Florida Single Family Homes March 2018 Market Report

Florida Single Family Homes March 2018 Market Report

The Florida Single Family Homes March 2018 Market Report showed somewhat weaker activity when compared to last year, but still remains a very active market. Closed sales were down by 3.5% (were up by 3.3% in February) and new sales under contract (new pending sales) were down by 2.2% (were down by 1.0% in February).

Prices though, continue with their upward march.  The median and average sales prices up by 8.2% and 8.7% respectively, compared to February’s 9.6% and 7.4%.

The inventory of available homes for sale fell by 7.5% from last year.  For March there was a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (March of 2017 had a 4.1 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 March 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes March 2018 Market Report

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

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

Florida Single Family Homes March 2018 Market Report

The Falls of Jensen Beach April 2018 Market Report

The Falls of Jensen Beach April 2018 Market Report

For April 2018 there are 3 homes available for sale in the Falls of Jensen Beach.  List prices range from $555,000 up to $675,000 for an average list price of $608,167 which works out to $167.62 per sq. ft. of living area.

There is one home under contract which has not completed the sales process (closed).  The list price of this home is $491,900 or $190.00 per sq. ft. of living area.  This home was on the market for 5 days prior to going under contract.

In the past 12 months, 10 homes have sold in the Falls of Jensen Beach.  Sales prices ranged from $411,000 up to $575,000 for an average sales price of $476,000 which is equal to $165.66 per sq. ft. of living area.  These homes averaged 67 days on market before going under contract and sold on average for 96% of listed price.

About the Falls in Jensen Beach FL:

The Falls of Jensen Beach real estate

A newer Kolter community located just north and west of the Treasure Coast Mall in Jensen Beach FL.  This is a gated community with spacious lots, many of which have serene preserve or lake views from the back patio and yard.

The Falls of Jensen Beach real estate

The Falls is in a wonderful location close to shopping, restaurants as well as professional services and only a few minutes to the beaches and waterways that Martin County has to offer.  Children living in the falls have the privilege of attending Martin County ‘A’ rated schools.  Currently, these are the Jensen Beach Elementary school, Stuart Middle school, and the Jensen Beach High school.

The Falls of Jensen Beach real estate The Falls of Jensen Beach real estate

Construction in the Falls began in 2006 and all of the 130 lots have now been built, with the latest homes just recently completed in 2016.  As of this writing, there are only two new homes available from the builder, but resale homes have been coming on the market at a fairly steady rate.

 The Falls of Jensen Beach real estate

Homes sizes in the Falls range from 4 bedroom, 3 bathroom homes of 2,236 sq. ft. of living area up to 5 bedroom, 4 bathroom homes with just under 4,500 sq. ft. under AC.  The majority of the homes in the falls have 3 car garages.  Homes range from single story ranch style designs to two-story homes and many have private pools.

The Falls of Jensen Beach real estate

Since this is a newer community, all homes meet the latest building codes for hurricane and wind protection and most homes also feature an updated kitchen with granite countertops.

The Falls of Jensen Beach real estate

The HOA fee (as of April 2018) is $232 per month and includes your landscape and lawn service, basic cable TV as well as security and the common areas.  There is no community pool or clubhouse in the Falls.

Here are the currently available homes in the Falls of Jensen Beach

Those interested in new construction in the Falls, please call us for our special builder rebate program (772) 323-6996.

The Falls of Jensen Beach April 2018 Market Report