Rio Vista in Sewalls Point July 2017 Market Report

07.21.17 by

Rio Vista in Sewalls Point July 2017 Market Report

As of July 2017, there are 5 Rio Vista homes for sale in Sewalls Point.  List prices range from $419,000 up to $799,000 for an average list price of $580,600 which works out to $238.95 per sq. ft. of living area.

There are 3 homes under contract awaiting the completion of their sales.  List prices ranged from $429,000 to $1,295,000 for an average list price of  $927,667 or $293.82 per sq. ft of living area.  These homes averaged 89 days on the market before going under contract.

In the past 12 months, 5 homes have sold in Rio Vista with sales prices ranging from $360,000 up to $675,000 for an average sales price of $577,000 which equals $268.03 per square foot of living area.  The average days on market was only 13 days with a 97% list to sales price ratio.

About Rio Vista in Sewalls Point:

Rio Vista in Sewalls Point

The Rio Vista subdivision of South Sewalls Point spans the mid portion of the South Sewalls Point peninsula from the Indian to the Saint Lucie River.  Starting out at a low elevation on the east up to the higher bluffs of the Saint Lucie River with waterfront homes on both sides and non-waterfront homes in between.  Rio Vista includes those 106 homes and lots that are located on Rio Vista Dr, Lantana Lane, S. Sewalls Point Rd and S River Rd.

Rio Vista in Sewalls Point Rio Vista in Sewalls Point

Homes in Rio Vista were built from 1975 to some newer construction with one just being finished in 2015.  Home sizes range from a low of around 1,500 sq. ft. with either 2 or 3 bedrooms and 2 baths all the way to a 15,000 sq. ft. mansion with 8 bedrooms and 15 bathrooms.

Rio Vista in Sewalls Point Rio Vista in Sewalls Point

The Rio Vista subdivision is part of the town of Sewalls Point and there are no specific amenities or fees that are unique to this portion of Sewalls Point.  The Rio Vista portion of Sewalls Point is a very desirable area in Martin County and remains in great demand for its location, amenities and life style possibilities.

There are no HOA fees in the Rio Vista neighborhood of Sewalls Point as it is within the town city limits.

Click here to search for any Rio Vista homes for Sale in Sewalls Point

Click here for all Sewalls Point homes for Sale

Rio Vista in Sewalls Point July 2017 Market Report

Palm City FL 34990 Condo Market Report June 2017

07.20.17 by

Palm City FL 34990 Condo Market Report June 2017

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for June 2017

For June 2017 in the 34990 Zip Code area of Palm City, Florida :



There are currently 75 active condo listings. (Decreased by 1 condos from May)

   Palm City FL 34990 Condo Market Report June 2017

10 Condo sales are pending and awaiting close or lender approval. (Down by 1 condos from last month)

Palm City FL 34990 Condo Market Report June 2017

6 Condos Sold in June. (Up by 2 condos from May)

Palm City FL 34990 Condo Market Report June 2017

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Market activity remains pretty slow for Palm City condos and remains a difficult market for sellers.  (Though a good part of this difficulty comes from two equity golf club communities.)

The current absorption rate for condos in the 34990 zip code area jumped to 12.5 months (was 19 months in May).  A strong buyers’ market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The June 2016 numbers were: 65 active listings, 4 pending sales and 7 closed sales.   Invenory is decreased from last year but there are better pending numbers and sales are close to being the same.
Palm City FL 34990 Condo Market Report June 2017

Stuart Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report June 2017

Pine Ridge Condos in Palm City July 2017 Market Report

07.20.17 by

Pine Ridge Condos in Palm City July 2017 Market Report

There are 7 condos for sale in Pine Ridge at Martin Downs in Palm City FL for July 2017.  List prices range fro $129,500 up to $165,000 for an average list price of $145,806 which is $111.89 per sq. ft. of living area.

2 condos are under contract.  List prices were $134,900 and $142,500 for an average of 138,700 which works out to $124.84 per sq. ft. of living area.  These condos averaged 22 days on market before going under contract.

In the past 12 months, 24 condos have sold in Pine Ridge.  Sales prices ranged from a low of $75,000 to a high of $159,000 for an average sales price of $123,896 which equals $103.98 per sq. ft. of living area.  These condos sold for an average of 96% of list price and were on the market for an average of 30 days before going under contract.

About the Pine Ridge Condos at Martin Downs:

Pine Ridge Condos at Martin Downs

The Pine Ridge Condos at Martin Downs is a wonderful gated complex in Palm City.  Entrance is through the gates at Matheson Ave on the south side of Martin Downs Blvd, just south of the Monarch Golf Club. Very well located close to Florida’s Turnpike as well as shopping and just a short ride to downtown Stuart and the waterways as well as golf courses that Martin County offers.

Pine Ridge Condos at Martin Downs Pine Ridge Condos at Martin Downs

Pine Ridge was built from 1986 through 1995 and consists of both condos as well as villas.  There are numerous floor plans ranging from 3 bedroom, 2 bath units with 1486 sq. ft. of living area to 2 bedroom, 2 bath of 1111 sq. ft. down to 830 sq. ft. 1 bedroom, 1 bath condos.  Some condos come with a detached garage while the rest have assigned parking along with lots of space for guest parking as well.

Pine Ridge Condos at Martin Downs Pine Ridge Condos at Martin Downs

There are two lakes on the grounds as well as a community swimming pool, tennis courts, and a bocce court. Two small pets are permitted.  And, no trucks or motorcycles are allowed. As of July 2017, the condo association fees ranged from $290 to $390 per month depending on size and location of the condo.

Pine Ridge Condos at Martin Downs Pine Ridge Condos at Martin Downs

This is a wonderful community welcoming all ages and one of the most affordable options for those wishing to live in Palm City.  Especially desirable for young families who wish to take advantage of Palm City’s ‘A’ rated schools.

Click this link to search for available Pine Ridge Condos for Sale

Pine Ridge Condos in Palm City July 2017 Market Report

Palm City FL 34990 Residential Market Report June 2017

07.19.17 by

Palm City FL 34990 Residential Market Report June 2017

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for June 2017

For June 2017 in the 34990 Zip Code area of Palm City Florida :

 

There are currently 386 active listings (Increased by 5 homes from May)

Palm City FL 34990 Residential Market Report June 2017

171 Residential sales are pending and awaiting close or lender approval. (Down by 3 homes from last month)

Palm City FL 34990 Residential Market Report June 2017

96 Homes Sold in May (Down by 33 homes from May)

Palm City FL 34990 Residential Market Report June 2017

The Palm City FL, zip code 34990 residential real estate market continues with strong activity, though closed sales returned to a more sustainable value after a very large jump from last month.
The monthly absorption rate decreased to 4.0 months from 3.0 months in May.  A more extreme sellers’ market for the Palm City zip code 34990 area for residential sales.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The June 2016 numbers were:  362 active listings, 168 pending sales and 76 closed sales.  Stronger activity for this year with a slightly higher inventory of homes for sale.

Palm City FL 34990 Residential Market Report June 2017

 Search here for Palm City Florida Real Estate for Sale:

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

Palm City FL 34990 Residential Market Report June 2017

The Florida Club July 2017 Market Report

07.19.17 by

The Florida Club July 2017 Market Report

Stuart, Florida

As of July 2017, there are 6 Florida Club homes for sale.  List prices range from $264,900 up to $449,000 for an average list price of $377,869 which works out to $183.55 per sq. ft. of living area.

There are 4 homes under contract awaiting the completion of their sales.  List prices ranged from $364,900 to $524,900 for an average list price of  $433,425 or $183.31 per sq. ft of living area.  These homes averaged 49 days on the market before going under contract.

In the past 12 months, 36 homes have sold in the Florida Club with sales prices ranging from $237,500 to $482,000 for an average sales price of $342,447 which equals $167.11 per square foot of living area.  The average days on market was 99 days with a 97% list to sales price ratio.

About the Florida Club:

Conveniently located at the gateway to Stuart, Florida and Martin County, the Florida Club is a DiVosta built golf club community located off Kanner Highway and within minutes of I-95. This non-equity golf club community consists of 433 homes.  113 homes in the estates section of the Florida Club featuring larger lots and spacious estate sized homes.  Many with both lake or golf course views and a few with both.  The remaining Florida Club homes feature either single family or attached one story villas, many also with golf course and/or lake views.  Residents of the Florida Club can enjoy daily golf or if the wish can forgo being a member and just enjoy the benefits of living in a wonderful gated community without the expense of golf club membership.  Additionally for those wishing to play only occasional (or just seasonal) golf, the Florida Club is open for non-members.

Perfect for anyone who wants the convenience of easy access to I-95 with Palm Beach, Fort Lauderdale and Miami, just a quick trip to the south and Orlando to the north. Yet still only minutes to the wonderful Atlantic Beaches of both Stuart or Hobe Sound and Jupiter Island.

The Martin County location ensures low property taxes and ‘A’ rated school system. Enjoy the Florida sunshine and all that this friendly neighborhood has to offer.

For more information about golf at the Florida Club July 2017 Market Report please visit their web site: Florida Club Web Site and watch their welcome video below:

Search for all Florida Club Homes for Sale in Stuart Florida

View all of our listings

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

The Florida Club July 2017 Market Report

Stuart FL 34997 Condo Market Report June 2017

07.18.17 by

Stuart FL 34997 Condo Market Report June 2017

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for June 2017

 

For June 2017 in the 34997 Zip Code area of Stuart, Florida:

There are currently 50 active condo listings (Decreased by 11 condos from May).

Stuart FL 34997 Condo Market Report June 2017

33 Condo sales are pending and awaiting close or lender approval (Increased by 11 condos from May).

Stuart FL 34997 Condo Market Report June 2017

7 Condos Sold in June (Decreased by 30 condos from May).

Stuart FL 34997 Condo Market Report June 2017

     The Stuart FL condo market for zip code 34997 is showing some strange numbers with sales dropping significantly from last month (which was an abnormally strong month).  Pending sales remain strong but inventory is dropping to troubling levels.
     The absorption rate plunged to 7.1 months in June compared to 1.6 months for May.  Back into a buyers’ market for the 34997 zip code of Stuart FL.  A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The June 2016 numbers were: 74 active listings, 27 pending sales, and 24 closed sales.  Considerably stronger closed sales last year while we have a little better pending sales numbers for this year.  Though, a troubling decrease in available condos for sale.

Stuart FL 34997 Condo Market Report June 2017

Stuart Florida Real Estate presented by:
Gabe Sanders

 

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for June 2017

 

 

Portofino Condos at Jensen Beach July 2017 Market Report

07.18.17 by

Portofino Condos at Jensen Beach July 2017 Market Report

As of July 2017 there are 2 condos available for sale in Portofino.  List prices are $98,500 and $150,000 which averages to $124,250 or $132.69 per sq. ft. of living area.

There is 1 condo under contract at this time.  This condo was listed for $125,000 which is $99.84 and was on the market for 70 days before going under contract.

In the past 12 months, 10 condos have sold in Portofino, ranging in sales price from $93,500 to $164,500 for an average sales price of $124,000 which equals a price per sq. ft. of $128.65.  The average days on market was only 16 and the average list to sales price ratio was 95%.

About the Portofino Condos at Jensen Beach:

Portofino of Jensen Beach is a gorgeous gated condo community that’s just great for families or singles. Portofino offers fantastic amenities such as a resort-style pool and hot tub, a state-of-the-art fitness center, and an indoor air-conditioned racquetball court along with outdoor tennis court. A business center is also available that delivers the conveniences of a home office, with computers, a copier, and a fax machine to keep you connected. A children’s playground is also available. This community is only 10 minutes from the beaches, and it is just minutes to both Jensen Beach Elementary School and Jensen Beach High School. Jensen Beach students also attend Stuart Middle School which is only about 15 minutes away.

Portofino Condos at Jensen Beach are one of the newest condominium subdivisions in Martin County.  Originally built as an upscale apartment complex around 2000, this development was turned into condominiums and began sales in 2005.  Due to the downturn in the housing market, not all units were sold and some are now being offered for lease.  Portofino Condos at Jensen Beach July 2017 Market Report features 1, 2 and 3 bedroom units with separate garage parking as an added purchase when available.  Unit sizes are 802 sq. ft. for the 1 Bedroom 1 bath, 1074 sq. ft. for the 2 Bedroom 2 bath, and 1252 sq. ft. for the 3 Bedroom 2 bath.

With a total of 384 units, there are 116 one-bedroom, 196 two-bedroom, and 72 three-bedroom units within Portofino that are spacious and include balconies! Portofino provides luxury living for its residents, set in a peaceful Florida preserve atmosphere, many with lake views. Living in Portofino of Jensen Beach you will feel like you are on vacation year round!

The Condo Owners Association fees range from $209 to $330 per month depending on unit size and for garage owners, there’s an additional $20 per month charge.  Fees include the extensive grounds and gated entry as well as the amenities, which include a large community pool, heated whirlpool, state of the art fitness center, indoor racquetball court, tennis court, playground and a private clubhouse with a full kitchen.

All ages are welcome in Portofino Condos at Jensen Beach.   Children attend Martin County’s highly rated school system, currently at Jensen Beach elementary school, Stuart middle school and Jensen Beach high school.  Portofino Condos is close to the Treasure Coast mall as well as numerous shops and restaurants, medical facilities and only a few minutes to the waterways of Martin County and the beaches of Hutchinson Island.

For information about sales or rentals of Portofino Condos in Jensen Beach, please call the Gabe Sanders real estate team at 772-323-6996 or contact us here.

 

Jensen Beach Florida Real Estate

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

Portofino Condos at Jensen Beach July 2017 Market Report

Stuart FL 34997 Residential Market Report June 2017

07.17.17 by

Stuart FL 34997 Residential Market Report June 2017

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for June 2017

There are currently 261 active listings (Decreased by 30 homes from May).

Stuart FL 34997 Residential Market Report June 2017

180 Residential sales are pending and awaiting close or lender approval (Up by 12 homes from May).

Stuart FL 34997 Residential Market Report June 2017

87 Homes Sold in June (Decreased by 17 homes from May)

Stuart FL 34997 Residential Market Report June 2017

      The Stuart Florida Residential Market for ZIP Code 34997 continued with strong activity and this sement of Martin County real estate remains one of the ost active areas. I am seeing a trend of lower inventory numbers once again which may effect volume in the future.
     The absorption rate increased to 3.0 months (was 2.8 months for May).  Continuing as an extreme sellers’ market for the 34997 zip code area of Stuart for June 2017.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2016 numbers for June, were: 299 active listings, 173 pending listings and 125 closed sales.  Better closed activity last year, but with a larger inventory of available homes for sale.
Stuart FL 34997 Residential Market Report June 2017

Search here for 34997 Zip Code of Stuart FL real estate for sale

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

Stuart FL 34997 Residential Market Report June 2017

Oceana Oceanfront and North Condos July 2017 Market Report

07.17.17 by

Oceana Oceanfront and North Condos July 2017 Market Report

For July 2017 there are 10 condos for sale in Oceana (I and II aka Oceana Oceanfront) in Jensen Beach FL on Hutchinson Island.  List prices range from $219,000 up to $382,000 for an average list price of $311,480 which equals $298.26 per sq. ft. of living space.

There are 4 condos under contract.  List prices are a low of $209,000 up to a high of $539,000 for an average list price of $327,700 which equals $260.07 per sq. ft. of living space.  These condos averaged 55 days on the market before going under contract.

In the past 12 months, 16 condos have sold.  Sales prices ranged from $174,500 up to $385,000 for an average sales price of $260,456 which works out to $253.75 per sq. ft. of living space.  These condos sold for an average of 96% of list price and averaged 59 days on the market before going under contract.

About the Oceana Oceanfront and North Condos:

Oceana North and Oceanfront Condos in Jensen Beach

The Oceana North Condos are also known as Oceana Oceanfront and are located at 9900 and 9940 S Ocean Drive in Jensen Beach FL on Hutchinson Island in Saint Lucie County.

Oceana North and Oceanfront Condos in Jensen Beach Oceana North and Oceanfront Condos in Jensen Beach

Oceana I was built in 1975 and is a 12 story building with 125 condos, while Oceana II was completed in 1980 with 16 stories and 160 units.  Oceana II has two penthouse units with 3 bedrooms and 3 baths with a spacious 2,092 sq. ft. of living area.  Also in building II, there are a few 2 bedroom 3 bath condos with 1,421 sq. ft.  The remaining condos in both Oceana I and II are either 2 bedroom, 2 bath residences with 1,129 or 1,023 sq. ft. and some 1 bedroom, 2 bath condos with 899 sq. ft.

There are two pools and private beach access, along with BBQ grilling areas as well as gated entries and vehicle was areas.

Oceana North and Oceanfront Condos in Jensen Beach Oceana North and Oceanfront Condos in Jensen Beach

Both buildings share a large clubhouse with fitness and game room, kitchen and bar and a large social area.  1 small pet is allowed as well as rentals with a 3-month minimum lease restriction.  There are four tennis courts directly across the street as well as 2 RV/Boat parking areas.  Trucks are also allowed.

 Oceana North and Oceanfront Condos in Jensen Beach

Condo fees range from $410 to $550 per month depending on the size and location of the condo (as of July 2017).  These fees cover Basic Cable TV, Common Areas, Elevator, Exterior Electric, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Janitor, Laundry Facilities, Lawn Care, Manager, Parking, Pest Control, Pool Service, Recreational Facilities, Reserve Funds, Roof Maintenance, Security, Signs, Trash Removal and Water.

Click on this link to search for available Oceana North Condos in Jensen Beach

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

Oceana Oceanfront and North Condos July 2017 Market Report

Osprey Cove in Hobe Sound July 2017 Market Report

07.16.17 by

Osprey Cove in Hobe Sound July 2017 Market Report

There is currently 1 home for sale in Osprey Cove in Hobe Sound, FL.  This home is listed for $1,100,000 or $188.97 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 11 homes have sold in Osprey Cove with sales prices ranging from $511,500 to $755,000 for an average sale price of $651,955 or $226.96 per sq. ft. of living area. These sales averaged 116 days on the market and sales prices averaged 97% of list price.

About Osprey Cove in Hobe Sound:

Osprey Cove in Hobe Sound, Florida is a waterfront community off of Gomez Avenue in the vibrant Hobe Sound area of Martin County, Florida.  It is also known as the Osprey Cove Yacht Club and boasts 32 deep water boat slips just off the Intracoastal Waterway.  There are only 86 homes in this gated community that broke ground in late 2000 with homes being completed from 2000 through 2006.   Homes range in size from 3 bedroom, 3 bathroom, 2 car garage homes of 2,230 sq. ft. to 5 bedroom, 4 and 1/2 bathroom, 3 car garage pool homes of over 4,000 sq. ft. of living area.  There’s also a community pool and tennis court available to all residents.

For boaters, the docks are approximately 5 miles from the Saint Lucie Inlet of Martin County and just under 10 miles from the Jupiter Inlet in Palm Beach County.  All Osprey Cove residents enjoy easy access to shopping, restaurants and the pristine beaches of Jupiter Island in Martin County.

For families, the Martin County School District is one of the highest rated in Florida and children attend the Hobe Sound elementary school, Murray middle school and South Fork high school.  There are also a number of excellent private schools located nearby, including the Pine School.

You can find additional information at the Osprey Cove in Hobe Sound Homeowner’s Association web page.

For any questions you may have about Osprey Cove in Hobe Sound, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Hobe Sound Florida Real Estate

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

Osprey Cove in Hobe Sound July 2017 Market Report

Lake Tuscany July 2017 Market Report

07.15.17 by

Lake Tuscany July 2017 Market Report

As of July 2017, there are 2  homes available for sale in Lake Tuscany with listing prices of $384,900 and $479,900 for an average list price of $432,400 which is a price per square foot of living area of $176.32.

There are no homes currently under contract.

In the past 12 months, 9 homes have sold in Lake Tuscany ranging in sales price from $365,000 up to $480,000 for an average sales price of $419,000 which equals $133.03 per sq. ft. of living area.  These homes took an average of 96 days on market to go under contract and sold at 97% of list price.

About Lake Tuscany:

Lake Tuscany real estate Stuart FL

Lake Tuscany in Stuart FL is a newer subdivision just to the west of I-95 in Martin County, Florida.  The homes in Lake Tuscany were mostly completed between 2004 to 2005.  This attractive subdivision is set up with a gated entrance and all 98 homes in Lake Tuscany are on Panther Trace which makes a large circle around the lake in the center.  Homes range from 3 Bedroom, 3 Bath or 4 BR 2 Baths of around 2100 sq. ft. of living area to spacious 6 Bedroom, 4 Bathroom 2 story homes with lofts and theater rooms with pools by the lakeside along with 3 car garages.  All are high quality homes built by local builder Mercedes Homes.

Lake Tuscany boasts lush landscaping and very reasonable Home Owner’s Association fees of $398 per quarter.  These fees cover security, the common areas and lake upkeep, basic cable, trash collection and front landscaping.  The Lake Tuscany property owners web site is located at this site.

Families in Lake Tuscany enjoy Martin County’s ‘A’ rated schools in the following schools: Crystal Lake Elementary, David L Anderson Middle School and South Fork High School.  Shopping is only minutes away and there’s easy access to Martin County’s waterways and just a short drive to the many public beaches.

Search here for currently available Lake Tuscany real estate in Stuart FL

For any questions you may have about Lake Tuscany Real Estate Update in Stuart FL July 2017 , please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

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

Lake Tuscany July 2017 Market Report

 

Stuart FL 34996 Condo Market Report June 2017

07.14.17 by

Stuart FL 34996 Condo Market Report June 2017

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for June 2017

For June 2017 in the 34996 Zip Code area of Stuart, Florida :

There are currently 132 active condo listings (Decreased by 5 condos from last month).

Stuart FL 34996 Condo Market Report June 2017

40 Condo sales are pending and awaiting close or lender approval (Increased by 4 condos from May).

Stuart FL 34996 Condo Market Report June 2017

26 Condos Sold in June (Down by 4 condos from May) 

Stuart FL 34996 Condo Market Report June 2017

The Stuart FL 34996 Condo Market of Stuart had continued strong sales activity for June.  Just minor differences from last months strong activity.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 increased to 5.1 months from May’s 4.6 months.  Remaining as a sellers market for this segment of Martin County condos, but drifting towarsd a balanced market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for June 2016 were: 74 active listings, 27 pending sales and 21 closed sales.  Stronger activity for this year when compared to June of 2016.

Stuart FL 34996 Condo Market Report June 2017

Search Stuart FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report June 2017

Martin Downs Country Club July 2017 Market Report

07.14.17 by

Martin Downs Country Club July 2017 Market Report

For July 2017, there are 15 active listings in the Martin Downs Country Club.  List prices range from $199,900 up to $594,900 for an average list price of $358,887 which works out to $157.71 per sq. ft. of living area.

There are 14 homes currently under contract.  List prices were from $215,000 up to $649,000 for an average list price of $334,721 which equals $148.60 per sq. ft. of living area. These homes averaged 49 days on market before going under contract.

In the past 12 months, 69 properties have sold in the Martin Downs Country Club.  Sales prices ranged from $123,100 up to $638,000 which is an average sales price of $253,237 or $128.99 per sq. ft. of living area.  These homes averaged 61 days on market and sold for 97% of list price.

About the Martin Downs Country Club:

Martin Downs Country Club

 The Martin Downs Country Club in Palm City is a gated community comprising of a number of different sub-communities all anchored by the two 2 championship 18 hole golf courses (one of which is currently not in use). In addition, there is the Martin Downs Sports Resort facility with twelve tennis courts, two pools, spa, and fitness center! Very well located just minutes from Florida’s Turnpike and I-95, this community is a dream for the commuter.

Martin Downs Country Club Martin Downs Country Club

Located in Palm City, FL, this is a prime area to reside in, with many recreational areas and boat ramps to enjoy a great day on the water. If you are looking for a gorgeous community that has luxury amenities and is close to everything that Martin County has to offer, your search is sure to end here!

Martin Downs Country Club Martin Downs Country Club

Martin Downs encompasses a wide array of home styles ranging from estate homes to condominiums.  Some of the communities within the Martin Downs Country Club include the Crane Creek Country Club and Crane Creek Racquet Club, Eagle Lake, Egret Pond, Heronwood, Ibis Point, Mallard Creek, Osprey Creek, Quail Meadow, Starling Court and the Clubhouse Court Condos.

Martin Downs Country Club Martin Downs Country Club

HOA fees and pet restrictions vary by community.  For more information on Martin Downs homes and/or condos click on the individual neighborhood links above or feel free to contact us.

Search here for all Martin Downs Real Estate for Sale

 

Martin Downs Country Club July 2017 Market Report

Stuart FL 34996 Residential Market Report June 2017

07.13.17 by

Stuart FL 34996 Residential Market Report June 2017

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for June 2017

 

For June 2017 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 138 active listings (Down by 10 homes from May).

Stuart FL 34996 Residential Market Report June 2017

55 Residential sales are pending and awaiting close or lender approval (Down by 9 homes from May).

Stuart FL 34996 Residential Market Report June 2017

41 Homes Sold in June (Increased by 15 homes from May).

Stuart FL 34996 Residential Market Report June 2017

The 34996 zip code area of the Stuart Florida residential real estate market continues with a very strong market.  A large jump in closed sales with a small decrease in pending sales.  As the inventory decreases, we will need to watch if this negatively affects this market segment in the future.

The one month absorption rate for the 34996 zip code area of Stuart Florida for June dropped to 3.4 months as compared to May’s 5.7 months.  Into an even stronger sellers’ 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 June of 2016 were: 158 active listings, 43 pending sales and 26 closed sales.  Much better activity this year even with a smaller inventory of available homes.

Stuart FL 34996 Residential Market Report June 2017

 Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report June 2017

July 2017 Archipelago Real Estate of Sewalls Point Market Report

07.13.17 by

Archipelago of Sewalls Point July 2017 Market Report

For July 2017 there are 2 active listings in the Archipelago of Sewalls Point.  The list prices are $1,049,000 and  $1,995,000 for an average list price of $1,522,000 or $416.12 per sq. ft. of living area.

There are no homes are currently under contract.

In the past 12 months, there have been 2 homes sold in the Archipelago of Sewalls Point. These homes sold for $600,000 and $1,425,000 for an average sales price of $1,012,500 which equals $325.32 per sq. ft. of living area.  These sales averaged 82% of the list price and were on the market for an average of 780 days prior to going under contract.

About the Archipelago of Sewalls Point:

Located in the prestigious town of Sewalls Point, Florida the Archipelago is a non-gated neighborhood of all waterfront homes with access to the crystal clear waters of the Atlantic Ocean through the Saint Lucie Inlet in Martin County, Florida.  All the homes in the Archipelago are on either the wide waters of the Indian River or located on deep water canals.  The Saint Lucie Inlet to the Atlantic is less than two miles away by water.  Access is maintained by dredging all Archipelago waterways to 6’.  Homes range from modest older frame homes to spectacular estate lots with magnificent views.

The link below will take you to all currently available Archipelago homes in Sewalls Point, Florida

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Sewalls Point  Real Estate is presented by:

the Gabe Sanders real estate team

July 2017 Archipelago Real Estate of Sewalls Point Market Report

Stuart FL 34994 Condo Market Report June 2017

07.12.17 by

Stuart FL 34994 Condo Market Report June 2017 

Stuart FL Snapshot for ZIP Code 34994, Condo Sales for June 2017

For June 2017 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 90 active condo listings (Up by 5 condos from May).

Stuart FL 34994 Condo Market Report Jun

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

Stuart FL 34994 Condo Market Report Jun

21 Condos Sold in June (Up by 3 condos from May).

Stuart FL 34994 Condo Market Report Jun

The Stuart FL 34994 Condo market remains very active.  Only small changes in activity levels when compared to last month.

The absorption rate for June decreased to 4.3 months compared to last month’s 4.7.  A slightly stronger sellers’ market for this condo segment of Stuart’s 34994 zip code area.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last June the numbers were 76 active listings, 30 pending sales, and 27 closed sales.  Better activity last year and on a smaller inventory.

Stuart FL 34994 Condo Market Report Jun

Stuart, FL Real Estate

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Stuart Florida Real Estate presented by:
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Stuart Florida Market Report ZIP Code 34994 – Condo, June 2017

Hidden Bay in Palm City FL July 2017 Market Report

07.12.17 by

Hidden Bay in Palm City FL July 2017 Market Report

As of July 2017, there is one home for sale in Hidden Bay in Palm City FL.  This home is listed for $1,250,000 which is $250.85 per sq. of living area.

There is one home under contract.  It was listed for $679,900 which equals $225.96 per sq. of living area.  This home was on the market for 210 days before going under contract.

There have been no sales in Hidden bay in the past 12 months.

About Hidden Bay in Palm City FL:

Hidden Bay in Palm City FL

A very private community in northern Palm City just off Murphy Road with a number of waterfront homes on Bessey Creek.  There are just 30 homes in this community which is not gated and has no HOA fees nor any amenities of a homeowners’ association.

Hidden Bay in Palm City FL Hidden Bay in Palm City FL

The first home recorded in Hidden Bay was built in 1978 with the last one completed in 2013.  There appears to be one remaining vacant lot which is not currently (March 2016) for sale.  There are 11 ocean access waterfront homes as well as 5 non-ocean access waterfront homes with the remaining homes not being waterfront in Hidden Bay.

Hidden Bay in Palm City FL Hidden Bay in Palm City FL

Homes in Hidden Bay range from under 2,000 sq. ft. ranch homes to just under 5,000 sq. ft. two story estate style homes with up to 5 bedrooms and 4 bathrooms.  Children are scheduled to attend Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Click here to see if any Hidden Bay Homes are available for sale.

Hidden Bay in Palm City FL July 2017 Market Report

Stuart Florida Market Report ZIP Code 34994 Residential June 2017

07.11.17 by

Stuart Florida Market Report ZIP Code 34994 Residential June 2017

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for June 2017

For June, 2017 in the 34994 Zip Code area of Stuart, Florida :

There are currently 72 active listings (Increased by 1 homes from May)

Stuart Florida Market Report ZIP Code 34994 Residential June 2017

34 Residential sales are pending and awaiting close or lender approval (Increased by 2 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential June 2017

16 Homes Sold in May (Up by 3 homes from May)

Stuart Florida Market Report ZIP Code 34994 Residential June 2017

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues into summer with solid market activity.

The one month absorption rate for the 34994 zip code for June increased to 5.5 months from 4.4 months for May.  Making a movement closer to a balanced 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 June 2016 numbers were 70 Active Listings, 33 pending sales and 17 closed sales.  Better closed activity last year though the current pending numbers may show better upcoming closed sales for this year.

Stuart Florida Market Report ZIP Code 34994 Residential June 2017

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

 

Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 Residential June 2017

July 2017 Pinecrest Lakes Housing Market Report

07.11.17 by

July 2017 Pinecrest Lakes Housing Market Report

There are 10 homes for sale in the Pinecrest Lakes community as of July 2017.  Listing prices range from $375,000 to $585,000 for an average list price of $472,270 which equates to an average of $196.84 per sq. ft. of living area.

There are 4 homes under contract and awaiting closing. The list prices of these homes range from $429,900 up to $569,000 for an average list price of $502,200 which is $167.43 per sq. ft. of living area.  These homes averaged 216 days on the market before an accepted offer.

In the past 12 months, 22 homes have sold in Pinecrest Lakes with sales prices ranging from $245,000 up to $555,000 or an average sales price of $415,987 which is $165.92 per sq. ft. of living area.  These sales averaged 70 days on market and sold at 96% of list price.

About Pinecrest Lakes in Jensen Beach:

Pinecrest Lakes Homes for Sale

The Pinecrest Lakes community of Jensen Beach FL was first developed in the late 70’s and early 80’s during a time when the Martin County Commissioners were notoriously stringent and restrictive about new developments in the area. Consequently this community has a distinctive feel and flavor. All homes are on at least a 1/2 acre lot with many on larger 1 to 2 acre lots. None of the homes are identical and all types of construction and paint schemes are allowed.

Pinecrest Lakes Homes for Sale

Pinecrest Lakes is located south of NE Jensen Beach Boulevard and just east of the new Green River parkway. Residents enjoy wide winding streets with sidewalks, street lights, underground utilities and public water. Community features include tot lots, parks, lakes and tennis courts.

Pinecrest Lakes Homes for Sale

Pinecrest Lakes is located in Martin County’s “A” rated school district. The local public elementary school, Jensen Beach Elementary School, is less than a mile away, within easy walking and biking distance for students. Students also attend Stuart Middle School in Stuart and Jensen Beach High School located approximately 1 mile northwest of the community on NE Jensen Beach Boulevard.

Pinecrest Lakes Homes for Sale

 

Pinecrest Lakes is also about 1 mile to the east of the Treasure Coast Square Mall, Martin County’s main shopping center. Residents are a short ride away from the beautiful beaches on Hutchinson Island, historic downtown Jensen Beach, Indian Riverside Park as well as numerous boat ramps and marinas that serve the vast boating resources available in Martin County.

 

Here are the currently available Pinecrest Lakes Homes for Sale in Jensen Beach, Florida

 

July 2017 Pinecrest Lakes Housing Market Report

Sewalls Point Single Family Market Report June 2017

07.10.17 by

Sewalls Point Single Family Market Report June 2017

Sewalls Point Real Estate Snapshot, Residential Sales for June 2017

 

There are currently 57 active listings (Down by 3 homes from last month)

Sewalls Point Single Family Market Report June 2017

14 home sales are pending and awaiting close or lender approval (Decreased by 8 homes from May)

Sewalls Point Single Family Market Report June 2017

16 Homes sold in May (Increased by 7 homes sales from May)

Sewalls Point Single Family Market Report June 2017

The single family real estate market in Sewalls Point contined to show very positive results for June.  Sales were the best in a number of years and while the pending numbers were down for the month, they still are quite good.

The absorption rate plunged to 3.6 months, in May it was 6.7 months.  For the first time in years, a strong sellers 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 June 2016, the inventory was 76 homes on the market, 5 pending sales and there were 10 closed sales.  Considerably better activity this year and with reduced inventory.

Sewalls Point Single Family Market Report June 2017

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Sewalls Point Single Family Market Report June 2017