Creekside April 2018 Market Report Palm City Florida

Creekside April 2018 Market Report Palm City Florida

For April 2018 there is one home listed for sale in the Creekside community of Palm City.  This home is listed for $454,900 or $148.76 per sq. ft. of living area.

There are no homes currently under contract in the Creekside subdivision of Palm City.

In the past 12 months, 1 home has sold in Creekside.  The sales price was $365,000 which equates to $119.36 per sq. ft. of living area.  This home was on the market for 18 days before going under contract and sold for 97% of the list price.

About Creekside in Palm City

Creekside real estate in Palm City

A small gated community in Palm City FL with only 18 homes.  This is a Kolter built community that was constructed from 2013 to 2014.

Homes in Creekside are all 4 Bedrooms or greater with 3 or more bathrooms and most are 2 stories with 2 car garages.  Sizes of the homes range from just over 2,000 sq. ft. of living area up to over 3,000.  Some of the homes have private pools. There are no community amenities in Creekside which helps keep the HOA fees a very reasonable $120 per month.

 Home 2

Creekside is off of Sunset Trail in Palm City which makes it a quiet and private secluded location, yet still just minutes away from excellent shopping, restaurants as well as access to the numerous water ways, beaches and golf courses the Martin County and the Treasure Coast of Florida have to offer.

 Creekside real estate in Palm City

A very desirable community for children as this is an ‘A’ rated school district currently zoned for the Palm City Elementary School, Hidden Oaks Middle School and Martin County High School.

Here are the currently available homes for sale in Creekside

Creekside April 2018 Market Report Palm City Florida

Stuart FL 34996 Condo Market Report March 2018

Stuart FL 34996 Condo Market Report March 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for March 2018

For March 2018 in the 34996 Zip Code area of Stuart, Florida :

There are currently 139 active condo listings (Down by 2 condos from last month).

Stuart FL 34996 Condo Market Report March 2018

55 Condo sales are pending and awaiting close or lender approval (Unchanged from February).

Stuart FL 34996 Condo Market Report March 2018

29 Condos Sold in March (Unchanged from February) 

Stuart FL 34996 Condo Market Report March 2018

The Stuart FL 34996 Condo Market of Stuart showed almost no change in activity from last month.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 inched down to 4.8 months from February’s 4.9 months.  Remaining in a sellers’ market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for March 2017 were: 148 active listings, 58 pending sales and 36 closed sales.  Better activity last year on a slightly higher inventory.

Stuart FL 34996 Condo Market Report March 2018

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Stuart FL 34996 Condo Market Report March 2018

Suntide Condos on Hutchinson Island April 2018 Market Report

Suntide Condos on Hutchinson Island April 2018 Market Report

For April 2018, there are 2 condos on the market in Suntide on Hutchinson Island in Stuart FL.  Listing prices are $339,000 and $385,000 which is an average list price of $362,000 that equals $302.57 per sq. ft. of living area.

There are no condos under contract at this time.

There have been 6 condos sold in the past 12 months in Suntide.  The sales prices ranged from $190,000 up to $312,500 for an average sales price of $260,417 which equals $208.67 per sq. ft. of living area.  These sales averaged at 96% of the last list price and also were on the market for an average of 111 days before accepting an offer that led to the sale.

About the Suntide Condominiums of Hutchinson Island in Stuart Florida:

Located on Hutchinson Island in uncrowded and unspoiled Martin County, the  Suntide Building  is one of the premier ocean front condos in Stuart, Florida.  Boasting truly fine amenities with a protected pool, private beach access and hard to find under building protected parking.  There’s a full clubhouse with a fitness center, pool table, card room, library, full kitchen and reading room.

Suntide has all two bedroom, two bath condos that come in four different configurations and sizes.  The largest of these feature an office, sitting room than can possibly double as an extra bedroom.  Many units have direct and unspoiled ocean views.  One of the best run associations in Stuart, this fine complex is always a desirable destination for those who have made it their permanent residence as well as those who enjoy it as a vacation get away.

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Suntide Condos on Hutchinson Island April 2018 Market Report

Fox Run Palm City Market Report April 2018

Fox Run Palm City Market Report April 2017

For April of 2017 there are 3 homes for sale in Fox Run in Palm City.  Listing prices ranged from $415,000 up to $595,000 for an average list price of $509,967 which works out to $245.99 per sq. ft. of living area.

Also, no homes under contract.

In the past 12 months, 2 homes have sold in Fox Run.  Sales prices were $240,000 and $530,000 for an average sales price of $385,000 which equals to $204.90 per sq. ft. of living area.  These homes sold for an average of 97% of their last listed price and averaged 19 days on market before going under contract.

About Fox Run in Palm City Florida:

  Fox Run real estate in Palm City FL

Fox Run is a waterfront community on the Hidden Rive and just north of Murphy Road between Matheson Avenue and High Meadows Avenue.  Only 57 homes in this community and they were built from 1979 through 2005.  11 homes are on the banks of the Hidden River with deep water ocean access docks.  The remaining homes have exclusive access to a boat ramp as well as a large lot to store trailers and RV’s.

Fox Run real estate in Palm City FL

Homes are of a wide variety of sizes and shapes ranging from 4 bedroom, 3 bathroom homes of over 3,000 square feet of living area to just over 1,200 sq. ft. homes with 2 bedrooms and 2 bathrooms.

Fox Run real estate in Palm City FL

Other than the boat ramp and the storage/parking lot there are no other amenities in Fox Run keeping the HOA fees to a very reasonable $350 a year.

Fox Run real estate in Palm City FL

Close to shopping, restaurants and with easy access to Florida’s Turnpike for those commuting either north or south, this quiet residential area is the perfect spot for families or couples looking for a great neighborhood with access to boating and fishing.

Fox Run real estate in Palm City FL

Currently, children living in Fox Run are scheduled to attend Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Search for Fox Run real estate here!

Fox Run Palm City Market Report April 2017

Stuart FL 34996 Residential Market Report March 2018

Stuart FL 34996 Residential Market Report March 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for March 2018

For March 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 133 active listings (Increased by 3 homes from February).

Stuart FL 34996 Residential Market Report March 2018

48 Residential sales are pending and awaiting close or lender approval (Down by 8 homes from February).

Stuart FL 34996 Residential Market Report March 2018

29 Homes Sold in March (Up by 15 homes from February).

Stuart FL 34996 Residential Market Report March 2018

The 34996 zip code area of the Stuart Florida residential real estate market had a very strong increase in sales from last month though the pending sales numbers could be stronger.  We also could use a bit more inventory.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for March decreased slightly to 4.6 months as compared to February’s 9.3 months.  Once again, back into a seller’s market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for March of 2017 were: 167 active listings, 58 pending sales, and 36 closed sales.  Better activity in March of 2017 but with a larger available number of homes for sale.

Stuart FL 34996 Residential Market Report March 2018

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Stuart FL 34996 Residential Market Report March 2018

Island Crest Oceanfront Condo #909 Sold Above List Price

Island Crest Oceanfront Condo #909 Sold Above List Price

This Oceanfront Condo with tremendous views and in need of some updating sold for over 6% above the list price of $219,000 and closed 8 days after going under contract (15 days after being listed).

Island Crest Condos on Hutchinson Island

This 2 bedroom, 2 bathroom condo in the Island Crest building of Jensen Beach on Hutchinson Island is priced well below market value as the executive of the estate wants it sold.  This unit comes fully furnished and has beautiful ocean views as well as river views from the front.  This unit has a tankless water heater and the AC was new in 2009.  Island Crest has 2 pools, a spa, common area in the main building, tennis courts, and a detached clubhouse with a fitness room and another lounge which is shared with the Oceana South Building.  This condo is in need of updating.  There is also a drive-through car wash and the grounds are protected by a gated entry.  Please contact your Realtor for information about making an offer on this condo.  One pet less than 30 lbs. is allowed and there is a 90-day minimum rental period.

Island Crest Condos on Hutchinson Island Island Crest Condos on Hutchinson Island

About Island Crest Condos on Hutchinson Island

Island Crest Condos on Hutchinson Island in Jensen Beach FL

The Island Crest Condominium building in Jensen Beach FL on Hutchinson Island was built in 1981 and is a 12 story complex with 126 residential condos.  Sizes range from 2 bedroom, 2 bath units with either 1,119 or 1,023 sq. ft. of living area (plus balconies) down to 1 bedroom, 1 bath condos of 899 sq. ft.

Island Crest Condos on Hutchinson Island

Located north of the Jensen Beach Causeway and south of the Waveland public beach, Island Crest has many upscale amenities.  These include 2 pools, Jacuzzi, clubhouse with social areas and 2 kitchens, fitness room, ocean view billiards, bocce court, 2 tennis courts, basketball, grilling area, car wash and private beach access.

Island Crest Condos on Hutchinson Island Island Crest Condos on Hutchinson Island

1 small pet is permitted and rentals are allowed with a minimum of 3 months.  Island Crest is one of the few condos on Hutchinson Island where trucks are permitted (no commercial trucks).  Condo fees are $480 per month (As of October 2016) and include Cable, Common Areas, Elevator, Exterior Electric, Grounds / Plants, Insurance-Bldg, Janitor, Lawn Care, Maintenance Exterior, Management Fees, Pest Control, Pool Service, Reserve Funds, Roof Maintenance, Sewer, Trash Removal, Water.

Island Crest Condos on Hutchinson Island in Jensen Beach FL Island Crest Condos on Hutchinson Island in Jensen Beach FL

Island Crest Condos on Hutchinson Island in Jensen Beach FL Island Crest Condos on Hutchinson Island in Jensen Beach FL

Click here to see the currently available Island Crest Condos for Sale

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

Island Crest Oceanfront Condo #909 Sold Above List Price

Stuart FL 34994 Condo Market Report March 2018

Stuart FL 34994 Condo Market Report March 2018 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for March 2018

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

There are currently 127 active condo listings (Up by 2 condos from February).

Stuart FL 34994 Condo Market Report March 2018

67 Condo sales are pending and awaiting close or lender approval. (Increased by 12 condos from last month) 

Stuart FL 34994 Condo Market Report March 2018

26 Condos Sold in February (Decreased by 2 condos from February).

Stuart FL 34994 Condo Market Report March 2018

The Stuart FL 34994 Condo market continues to show positive resilts with strong pending activity and just a slight drop in closed sales from last month.

The absorption rate for February inched up to 4.9 months compared to last month’s 4.5.  Remaining in a seller’s market for this condo segment of Stuart’s 34994 zip code area after one month of a seller’s market.  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 March the numbers were 88 active listings, 38 pending sales, and 21 closed sales.  Considerably greater sales activity this year along with a greater inventory of available condos for sale.

Stuart FL 34994 Condo Market Report March 2018

Are you interested in the value of your Stuart FL Condo?
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Stuart FL 34994 Condo Market Report March 2018 

 

Maritimes April 2018 Market Report

Maritimes April 2018 Market Report

As of April 2018, there is only 1 condo on the market in the Maritimes Condos and Townhomes on Hutchinson Island in Stuart FL.  The list price is $425,000 or $232.88 per sq. ft. of living area.

There are no Maritimes condos or townhomes currently under contract.

There have been 6 condos sold in the past 12 months in the Maritimes.  The sales prices ranged from $260,000 up to $550,000 for an average sales price of $386,583 which works out to $244.63 per sq. ft. of living area. These condos sold for an average of 96% of the listed price and were on the market for an average of 37 days before going under contract.

About the Maritimes on Hutchinson Island

The Maritimes is one of the prime ocean to river communities on South Hutchinson Island in Stuart, FL.  Offering larger than normal homes on both the river and Oceanside settings.  The riverside (or Maritimes West has a lovely private sandy beach with kayak storage for those not wishing to play in the surf or for those days when it’s a bit windy on the beach side.  The Oceanside (Maritimes East) has private beach access as well as a heated pool when you’re finished frolicking in the crystal clear waters of the Atlantic Ocean.

The Maritimes condos were constructed between 1975 and 1988.  With the oceanfront units being built first.  Living square footage range from just under 1300 sq. ft. 2 Bedroom condos with over 2100 sq. ft .condos and townhouses with 3 Bedrooms plus dens and a garage.


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Hutchinson Island Real Estate is presented by:
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Maritimes April 2018 Market Report

Stuart Florida 34994 Residential Market Report March 2018

Stuart Florida 34994 Residential Market Report March 2018

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for March 2018

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

There are currently 75 active listings (Down by 6 homes from February)

Stuart Florida 34994 Residential Market Report March 2018

34 Residential sales are pending and awaiting close or lender approval (Decreased by 7 homes from last month).

Stuart Florida 34994 Residential Market Report March 2018

27 Homes Sold in February (Increased by 14 homes from February)

Stuart Florida 34994 Residential Market Report March 2018

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida lost a little inventory after two months of some gains.  Sales for the month were very strong while pending sales were down but still impressive.

The one-month absorption rate for the 34994 zip code for February plunged to 2.8 months from 6.2 months for February.  Into a very strong seller’s market 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 March 2017 numbers were 69 Active Listings, 34 pending sales, and 15 closed sales.  One of the few areas of Martin County with increased inventory from last year.  Sales were also much better for this year.

Stuart Florida 34994 Residential Market Report March 2018

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Stuart, FL Real Estate

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Stuart Florida 34994 Residential Real Estate Market Report March 2018

Sewalls Landing April 2018 Market Report

Sewalls Landing April 2018 Market Report

For April 2018, there are 4 homes available for sale in Sewalls Landing, List prices range from $699,900 up to $1,275,000 for an average list price of $928,700 or $240.28 per sq. ft. of living area.

There are no homes currently under contract in Sewalls Landing.

In the past 12 months, 4 Sewalls Landing homes have sold.  Sales prices ranged from a low of $551,500 up to $668,000 for an average sales price of $607,375 which equals $211.40 per sq. ft. of living area. These sales averaged for 96% of list price and the homes averaged going under contract after 176 days on market.

About Sewalls Landing:

Sewalls Landing is located at the northern tip of Sewalls Point, FL in Martin County.  Officially it is in Jensen Beach, but many residents of Sewalls landing consider themselves part of Sewalls Point.   Just across the street from the Dolphin Bar and Grill and within walking distance of marinas, boat ramps, Indian Riverside Park and much, much more.
This gated community consists of 51 home-sites (including 3 lots that are still vacant).  Homes in Sewalls Landing were built from 1992 to 2008 and are situated on generous sized lots from just under ½ acre to over ¾ of an acre.  Home sizes range from 2,000 to over 5,000 square feet of living areas.  Many homes feature 3 car garages.  Residents enjoy low HOA fees of $110 per month.

Children attend Felix Williams Elementary, Stuart Middle and Jensen Beach High Schools.  Easy access to the beaches as it’s just about equidistant from both the Stuart and Jensen Beach Causeways.  Close to shopping and medical facilities as well.  This is a much sought after community in Martin County, FL.

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Sewalls Landing April 2018 Market Report

Sewalls Point Single Family Market Report March 2018

Sewalls Point Single Family Market Report March 2018

Sewalls Point Real Estate Snapshot, Residential Sales for March 2018

 

There are currently 48 active listings (Down by 2 homes from last month)

Sewalls Point Single Family Market Report March 2018

16 home sales are pending and awaiting close or lender approval (Increased by 5 homes from February)

Sewalls Point Single Family Market Report March 2018

4 Homes sold in June (Increased by 1 homes sales from February)

Sewalls Point Single Family Market Report March 2018

The single-family real estate market in Sewalls Point showed increased activity when compared to last month but still has much room for improvement.  The inventory of available homes is now very low and affecting sales activity.

The absorption rate fell to 12 months, in February was 16.7 months.  Remaining in a buyer’s market for Sewalls Point single-family homes.  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 February 2016, the inventory was 66 homes on the market, 21 pending sales and there were 9 closed sales.  Better activity last March when there was a greater number of homes for sale.

Sewalls Point Single Family Market Report March 2018

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Sewalls Point Single Family Market Report March 2018

 

Island Crest Oceanfront Condo #909 Under Contract in 6 Days

Island Crest Oceanfront Condo #909 Under Contract in 6 Days

Sorry, you missed it.  This Oceanfront condo went under contract 6 days after being listed with the seller receiving 10 offers on this condo.

Island Crest Condos on Hutchinson Island

This 2 bedroom, 2 bathroom condo in the Island Crest building of Jensen Beach on Hutchinson Island is priced well below market value as the executive of the estate wants it sold.  This unit comes fully furnished and has beautiful ocean views as well as river views from the front.  This unit has a tankless water heater and the AC was new in 2009.  Island Crest has 2 pools, a spa, common area in the main building, tennis courts, and a detached clubhouse with a fitness room and another lounge which is shared with the Oceana South Building.  This condo is in need of updating.  There is also a drive-through car wash and the grounds are protected by a gated entry.  Please contact your Realtor for information about making an offer on this condo.  One pet less than 30 lbs. is allowed and there is a 90-day minimum rental period.

Click here for more info, price and pictures.

Island Crest Condos on Hutchinson Island Island Crest Condos on Hutchinson Island

About Island Crest Condos on Hutchinson Island

Island Crest Condos on Hutchinson Island in Jensen Beach FL

The Island Crest Condominium building in Jensen Beach FL on Hutchinson Island was built in 1981 and is a 12 story complex with 126 residential condos.  Sizes range from 2 bedroom, 2 bath units with either 1,119 or 1,023 sq. ft. of living area (plus balconies) down to 1 bedroom, 1 bath condos of 899 sq. ft.

Island Crest Condos on Hutchinson Island

Located north of the Jensen Beach Causeway and south of the Waveland public beach, Island Crest has many upscale amenities.  These include 2 pools, Jacuzzi, clubhouse with social areas and 2 kitchens, fitness room, ocean view billiards, bocce court, 2 tennis courts, basketball, grilling area, car wash and private beach access.

Island Crest Condos on Hutchinson Island Island Crest Condos on Hutchinson Island

1 small pet is permitted and rentals are allowed with a minimum of 3 months.  Island Crest is one of the few condos on Hutchinson Island where trucks are permitted (no commercial trucks).  Condo fees are $480 per month (As of October 2016) and include Cable, Common Areas, Elevator, Exterior Electric, Grounds / Plants, Insurance-Bldg, Janitor, Lawn Care, Maintenance Exterior, Management Fees, Pest Control, Pool Service, Reserve Funds, Roof Maintenance, Sewer, Trash Removal, Water.

Island Crest Condos on Hutchinson Island in Jensen Beach FL Island Crest Condos on Hutchinson Island in Jensen Beach FL

Island Crest Condos on Hutchinson Island in Jensen Beach FL Island Crest Condos on Hutchinson Island in Jensen Beach FL

Click here to see the currently available Island Crest Condos for Sale

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

Island Crest Oceanfront Condo #909 Under Contract in 6 Days

St Lucie County Townhouses and Condos February 2018 Market Report

St Lucie County Townhouses and Condos February 2018 Market Report

The St Lucie County Townhouses and Condos February 2018 Market Report reported quite strong closed activity and improved pending numbers as well as compared to last year.  Closed sales were up by 24.3% from last year (was down by 19.7% in January) while new pending sales were up by 10.9% for February (was up by 21.2% in January).

Prices also jumped up with the median price increasing by 13.8% from last year (was up by 1.6% in January) while the average sales price increased by 18.7% (was up by 17.9% in January).

The inventory of available townhouses and condos increased by 12 units from last month to 580 units, which is 4.0% less than February 2017. The current supply is 5.7 months, which is 9.5% less than the 6.3 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market, but approaching a balanced one. 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 February 2018 Market Report

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

Spinnaker Point Home with Ocean Access Dock

Spinnaker Point Home with Ocean Access Dock

Just reduced to $1,549,000, don’t miss this wonderful opportunity to own your own little slice of paradise. A wide river view home with a dock out your back door and private deeded access to the crystal clear waters of the Atlantic Ocean just across the street. This Kelly and Kelly designed custom home is located in the gated community of Spinnaker Point on Hutchinson Island in Stuart FL. A spacious two-story home with the master suite on the first floor. A total of 4 bedrooms plus a den/office and 3 full bathrooms and 2 half baths. A screened and heated pool overlooks the Intracoastal Waterway along with access to your own beach and dock. Located just about halfway between the Stuart and Jensen Beach causeways for exceptional access to both downtowns, shopping and the wonderful amenities that Martin County Florida offers. Spinnaker Point is a small 12 home association which reaches from the ocean to the river. “A” rated Martin County school systems and a pet-friendly community.

About Spinnaker Point on Hutchinson Island:

Spinnaker Point on Hutchinson Island is easy to miss when driving by on Highway A-1-A in Stuart FL.  But, it is one of the gems for those who want both river and ocean access.  This gated community has 12 homes west of the road and 2 lots that have yet to be built upon on the ocean side.

Four of these homes enjoy being on the Intracoastal Waterway (also known as the Indian River) and have deeded docks with ocean access (no fixed low bridges) through the Saint Lucie Inlet just a little under 5 miles south. The remaining 8 homes have access to the community pier and a few have deeded docks as well.

All the homes are built in the Key West style and were built between 1991 and 2001.  Home sizes range from a 3 bedroom, 2 bathroom home with a 2 car garage up to a 5 bedroom, 6 bathroom home with a 2 and ½ car garage.  There is deeded access to the ocean with a boardwalk leading over the dunes.  All ages and pets are permitted in Spinnaker Point.  HOA fee as of February 2018 is $167 per month.

School-age children attend the Felix A Williams elementary school, Stuart middle school, and Jensen Beach high school.

Located approximately half way between the Stuart and Jensen beach causeways making it easy to enjoy the restaurants, shopping, and amenities that both areas have to offer.

Spinnaker Point homes do not come on the market often, so click on the following link to see if any are currently available:

Homes for Sale in Spinnaker Point on Hutchinson Island

Spinnaker Point Home with Ocean Access Dock

St Lucie County Single Family Homes February 2018 Market Report

St Lucie County Single Family Homes February 2018 Market Report

St Lucie County Single Family Homes February 2018 Market Report rebounded for February with stronger closed though still weaker pending sales when compared to last year. Closed sales were up by 9.7% (in January they were down by 3.0%) and new sales under contract (new pending sales) decreased by 7.8% (they were down by 2.4% last month).

Prices, however, continued their upward march for the month.  The median and average sales prices up by 6.9% and 7.4% respectively from last February (For January these numbers were up 11.9% and 8.6%).  These price rises are a bit less severe than we’ve experienced in the past few months.

Active listings increased by 18 homes down to 1,766 homes.  This inventory is 2.6% lower than last year.  The current supply of homes is  3.8 months (was also 3.8 months for January) compared to 4.1 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 February 2018 Market Report

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

The Meadows Palm City March 2018 Market Report

The Meadows Palm City March 2018 Market Report

There are currently 6 homes for sale in the Meadows in Palm City FL.  List prices range from $147,900 up to $320,000 for an average list price of $264,383 which equals $158.36 per sq. ft. of living area.

There are currently 5 homes under contract in the Meadows.  These homes were listed for prices from $249,900 up to $315,000 for an average list price of $269,340 which is $166.04 per sq. ft. of living area.  These homes averaged 44 days on market before going under contract.

In the past 12 months, there have been 38 sales in the Meadows.  Sales prices ranged from a low of $126,800 up to $400,000 with an average sales price of $239,013 or $146.91 per sq. ft. of living area.  These homes went under contract in an average of 21 days and sold for an average of 97% of their final list price.

About The Meadows Homes in Palm City Florida:

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

Entrance to the Meadows

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

Homes in the Meadows

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

Homes in the Meadows

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

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

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

Search for the Meadows Homes for Sale

The Meadows Palm City March 2018 Market Report

Martin County Townhouses and Condos February 2018 Market Report

Martin County Townhouses and Condos February 2018 Market Report

Martin County Townhouses and Condos February 2018 Market Report showed reduced activity when compared to last year.  Closed sales for the month were down by 2.0% (were down by 1.2% in January) while new sales under contract (new pending sales) were down by 5.8% from February 2017 (increased by 21.3 in January).

Prices, however, continued their rise as the median sales price increased by 4.7% (was up by 5.2% in January) while the average sales price increased by  7.0% (was up by 14.0% in January) as compared to February of 2017.

The inventory of available townhouses and condos increased by 21 units to 437 properties as compared to last month.  This is 7.2% less than the February 2017 inventory.  Currently, there’s a 4.4 month supply of inventory (compared to 5.0 months for February 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 February 2018 Market Report

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

Tesoro Club March 2018 Real Estate Market Report

Tesoro Club March 2018 Real Estate Market Report

There are currently 16 homes available to purchase in the Tesoro Club in Port St Lucie FL.  List prices range from $289,900 up to $1,099,000 for an average list price of $704,963 or $186.51 per sq. ft. of living area.

There are 2 homes currently under contract in the Tesoro Club.  List prices were $489,000 and $1,299,000 for an average list price of $894,000 which works out to $211.77 per sq. ft. of living area.  This home was on the market for 84 days before going under contract.

In the past 12 months there have been 10 sales in the Tesoro Club.  Sales prices ranged from a low of $402,000 up to $1,150,000 for an average sales price of $614,690 which equals $156.32 per sq. ft. pf living area.  These homes sold at an average of 92% of list price and were on the market for an average 180 days prior to going under contract.

About Tesoro in Port St. Lucie FL:

One of the premier country clubs on Florida’s Treasure Coast, Tesoro lies on 1,400 acres.  The Tesoro Club is home to two par-72 golf courses one is an Arnold Palmer signature course while the other is a Tom Watson signature course.  The Tesoro Club is an official PGA Tour host.

The centerpiece of the Tesoro club is a 100,000 plus square foot three story clubhouse overlooking a 120 acre lake.  This full service clubhouse is magnificent and offers impeccable services for all the members of the Tesoro Club.

In addition to the world class golf, the Tesoro Club is also host to its very own swim and racquet club.  The racquet club consists of 10 Har-Tru tennis courts plus one exhibition stadium court and two croquet courts.  There’s a full time ATP Tennis Director offering lessons, clinics and a full service pro shop.  Spacious men’s and women’s locker rooms make this a wonderful facility.  And after that hard match cool off in the pool or soak your sore muscles in the Jacuzzi.

For those needing more pampering there’s a full service spa and salon on premises.  And, if you don’t feel like cooking the dining room at the Tesoro club has a menu that is sure to please.

Homes in Tesoro run the gamut from huge estate homes of 7,000 sq. ft. of living area with 5 and 6 bedrooms and 6 bathrooms on large ½ acre lots, down to more modest 3 bedroom, 2 bathroom homes with around 2,000 square feet of living area along with 2 car garages lying on smaller under one quarter acre lots.

At this time there are numerous opportunities for new custom homes built to your specifications or a good number of available re-sale homes.  Golf Club membership is not mandatory in certain sections of Tesoro so HOA fees vary considerably from area to area.  For non-membership lots it starts around $580 a month and includes lawn, landscaping, 24 hour monitored security, basic cable TV, management and exterior pest control.

Here are some of the currently available homes in Tesoro

Please call us at 772-323-6996 or email us for the complete and up to date list.

Tesoro Club March 2018 Real Estate Market Report

Martin County Single Family Homes February 2018 Market Report

Martin County Single Family Homes February 2018 Market Report

The Martin County Single Family Homes February 2018 Market Report had weaker closed sales for the month but an increase in pending sales as compared to last February.  Closed sales were down by 8.6% (was up by 11.0% in January).  While new pending sales decreased by 11.1% as compared to February 2017 (Decreased by 22.0% in January).

Prices were mixed with the median sales price up by 5.7% from last year (down by 2.4% in January) while the average price decreased by 8.5% (was up by 1.2% last month).

The inventory of available single-family homes increased from last month by 3 homes to 1036 units for January,  this is  9.2% less than last February.  The current supply of homes is 5.1 months, for February of last year, it was a 5.8 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 February 2018 Market Report

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

Hammock Creek March 2018 Market Report

Hammock Creek March 2018 Market Report

There are currently 7 homes actively listed in Hammock Creek in Palm City, Florida.  Prices range from $499,900 to $629,900.  The average list price works out to $557,386 which is $170.23 per square foot of living area.

There are 5 homes currently under contract awaiting closing.  The list prices range from $395,000 to $595,000 for an average list price is $472,200 which is equal to $177.80 per square foot of living area.  These homes averaged 51 days from list date to being under contract.

In the past 12 months, 34 homes have sold in Hammock Creek.  Sales prices ranged from $345,000 to $625,000 with an average sales price of $484,103 which works out to $159.25 per square foot of living area.  These homes went under contract in an average of 67 days and sold for an average of 96% of list price.

About Hammock Creek in Palm City FL:

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

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

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

Depending on which section of Hammock Creek you are in HOA fees run from $285 to $485 per quarter.   The ‘A’ rated Martin County schools that children from Hammock Creek attend are the Palm City elementary, Hidden Oaks middle and Martin County high schools.

Here are the currently available homes in Hammock Creek March 2018 Market Report

For any questions you may have about Hammock Creek March 2018 Market Report, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Hammock Creek March 2018 Market Report