Florida Townhouses and Condos May 2017 Market Detail

Florida Townhouses and Condos May 2017 Market Detail

The Florida Townhouses and Condos Market Detail for May 2017 showed continued growth when compared to last year.   Closed sales were up by 8.0% as compared to last month’s decrease of 4.0% and new sales under contract (new pending sales) increased by 8.0% (In April there was a 5.5% decrease).

Prices rose for the month.  Median sales prices were up by 8.1% (was up by 7.2% in April), while the average sales price decreased by 8.0% (was down 0.9% in April).  Back to steadily increasing values.

The inventory of active listings decreased by 1.5% from May of last year.  For May 2017 we have 6.0 months of inventory (was 6.1 months in April) and compared to 6.1 months for May 2016.  We remain in a balanced market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos May 2017 Market Detail

Click on the link below or the graphic to see the full market detail report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos May 2017 Market Detail

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 May 2017 Market Detail

River Watch on Hutchinson Island June 2017 Market Report

River Watch on Hutchinson Island June 2017 Market Report

In June 2017, there are three homes for sale in the River Watch community of Hutchinson Island in Jensen Beach FL.  These homes are listed for prices ranging from $625,000 up to $758,888 for an average list price of $676,296 which works out to $374.13 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 3 River Watch homes have sold.  Sales prices ranged from $325,000 up to $685,000 for an average sales price of $463,333 which is $249.29 per sq. ft. of living area.  These homes averaged 97 days on market before going under contract and sold for an average of 92% of list price.

About River Watch on Hutchinson Island:

Located only a short distance north of the Jensen Beach Causeway and just across the Saint Lucie County line, there is a wonderful small community by the name of River Watch.  These are single family homes ranging from a modest 2 bedroom and 2 bathroom residence with around 1,400 sq. ft. of living area plus a garage up to a spacious 4 bedroom, 3 bathroom with 3,400 sq. ft. of living area and your very own private dock and access to the Intracoastal waterway which is also known as the Indian River.  There are 30 homes in this community which is adjacent to the Windmill Village community and shares the Aqua Ra Road which accesses both subdivisions from A-1-A.

River Watch on Hutchinson Island

Most of these homes are waterfront with access to the Intracoastal Waterway, but suitable mostly for shallower draft vessels and the unusual stipulation that they access the river without the use of gas motors, so only human or electric power for that initial stretch of water.

River Watch on Hutchinson Island River Watch on Hutchinson Island

River Watch residents also have easy access to the beautiful beaches on Hutchinson Island by simply walking across the street to their private beach or a short ride to many of the public access beaches available in both Saint Lucie and Martin County beaches.

This is a non-gated community with a very reasonable $220 a month HOA fee which includes your landscaping as well as basic cable TV (as of June 2017).

River Watch on Hutchinson Island River Watch on Hutchinson Island

This excellent location makes it easy to go grocery shopping, boating, spend days on the beach, restaurants and to enjoy all the wonderful amenities offered on the Treasure Coast of Florida.

Click here to see if any homes are available to purchase in River Watch on Hutchinson Island

Florida Single Family Homes May 2017 Market Detail

Florida Single Family Homes May 2017 Market Detail

The Florida Single Family Homes Market Detail for May 2017 had continued growth when compared to last May.  Closed sales were up by 7.6% (were down by 1.2% in April) and new sales under contract (new pending sales) were up by 5.0% (were down by 4.4% in April).

Both the median and average sales prices continued to rise when compared to last year.  Up by 7.7% and 8.3% respectively, compared to April’s 10.3% and 8.3%.

The inventory of available homes for sale fell by 4.5% from last year.  For May there was a 4.0 months supply of inventory as Florida remains in a sellers’ market with the advantage for sellers. (May of 2016 had a 4.3 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 is once again decreasing which continues to put pressure on rising prices and sales.

Florida Single Family Homes May 2017 Market Detail

Click here to view or download the full report:

Florida Single Family Homes May 2017 Market Detail

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 May 2017 Market Detail

Coral Gardens in Stuart FL June 2017 Market Report

Coral Gardens in Stuart FL June 2017 Market Report

As of June 2017, there are 5 homes for sale in Coral Gardens in Stuart FL.  List prices range from $184,900 up to $252,000 for an average list price of $211,528 which is $153.29 per sq. ft. of living area.

There are 3 homes currently under contract.  These homes were listed for prices from $179,900 up to $229,900 for an average list price of $203,233 or $135.07 per sq. ft. of living area.  These homes were on the market for an average of 30 days before going under contract.

In the past 12 months, 30 Coral Gardens homes have sold.  Sales prices ranged from $100,619 up to $239,000 for an average sales price of $176,527 which works out to $138.52 per sq. ft. of living area.  These homes averaged 39 days on market before going under contract and sold for an average of 97% of list price.

About Coral Gardens in Stuart FL:

Coral Gardens in Stuart FL

The Coral Gardens community of Stuart FL is centrally located just west of US 1 (Federal Highway) and south of Pomeroy St.  Easy access to downtown Stuart, shopping, restaurants, medical facilities and the beaches and waterways of Martin County.

Coral Gardens in Stuart FL Coral Gardens in Stuart FL

This is a non-HOA (Homeowners Association) community so there are no additional fees.  Also, the Coral Gardens community is one of the more affordable locations in Stuart and Martin County FL.  Homes range in size from very small 2 bedroom, 1 bathroom homes of under 800 sq. ft. all the way to 4 bedroom homes of 2,500 sq. ft. or slightly higher.  Many homes in Coral gardens also have private backyard swimming pools.

Coral Gardens in Stuart FL Coral Gardens in Stuart FL

Those wishing to find an affordable friendly Stuart community to call home might wish to consider Coral Gardens.  Click and explore on the interactive map below to see what a great location Coral Gardens offers.

Search here for available Coral Gardens homes for sale

Coral Gardens in Stuart FL June 2017 Market Report

Hobe Sound FL 33455 Condo Market Report May 2017

Hobe Sound FL 33455 Condo Market Report May 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for May 2017

For May 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 16 active condo listings. (Increased by 1 condos from April)

Hobe Sound FL 33455 Condo Market Report May 2017

5 Condos are pending and awaiting close. (Down by 1 condo from April)

Hobe Sound FL 33455 Condo Market Report May 2017

2 Condos sold in May. (Decreased by 2 condos from April)

 Hobe Sound FL 33455 Condo Market Report May 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Closed sales were off for this month, but overall the market activity is still very good.

The absorption rate for Hobe Sound condos decreased to 8 months for May (was 3.8 in April).  Back into a buyers’ market for Hobe Sound condos. Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes on percentages that do not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The May 2016 numbers were: 5 active listings, 7 pending sales and 0 closed sales.  Better activity this year as the inventory has just about tripled.

Hobe Sound FL 33455 Condo Market Report May 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report May 2017

Little Ocean Club on Hutchinson Island June 2017 Market Report

Little Ocean Club on Hutchinson Island June 2017 Market Report

As of June 2017, there are two condos available for sale in the Little Ocean Club on Hutchinson Island in Stuart FL.  These two condos are both listed for $255,000 or $211.79 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 1 condo has sold.  The sales price was $210,000 which is $174.42 per sq. ft. of living area.  This condo sold for 95% of list price and it took 472 days before it went under contract.

About the Little Ocean Club Condos on Hutchinson Island:

Little Ocean Club Condos on Hutchinson Island

The Little Ocean Club Condos of Hutchinson Island in Stuart FL is a small condo community of 25 units that were built in 1969.  This direct Ocean access condo community features 23 two bedroom, 2 bath condos of 1,204 sq. ft. of living area and 2 very special 3 bedroom, 3 bath units with 1,815 sq. ft. under air.

Little Ocean Club Condos on Hutchinson Island Little Ocean Club Condos on Hutchinson Island

The little Ocean Club has direct Ocean access across the Dunes and a heated pool.  Reserved parking as well as overflow parking across A-1-A where a select number of condos can have deeded boat docks on the Intracoastal Waterway (Indian River).

Little Ocean Club Condos on Hutchinson Island Little Ocean Club Condos on Hutchinson Island

1 small pet is permitted in the Little Ocean Club and rentals are also allowed.  The current condo association fees are $653 per month (as of June 2017).  These fees cover A/C Maintenance, Cable, Common Areas, Insurance-Bldg, Lawn Care, Manager, Master Antenna/TV, Pest Control, Reserve Funds, Sewer, Trash Removal, and Water.

Little Ocean Club Condos on Hutchinson Island

Located close to the Stuart Causeway, Publix supermarket, downtown Stuart.

Search here for any Little Ocean Club Condos for Sale

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider:
Angler CoveBeachwood VillasButtonwoodDune CondominiumFairwinds CoveGreen Turtle CoveHutchinson HouseIndian River Plantation CondosIslander 12Jensen Beach ClubLittle Ocean ClubLittle Ocean PlaceMaritimesOcean ViewSailfish PointSandpebbleSeasideSuntide

Little Ocean Club on Hutchinson Island June 2017 Market Report

Hobe Sound FL 33455 Residential Market Report May 2017

Hobe Sound FL 33455 Residential Market Report May 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for May 2017

  For May 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 178 active listings. (Down by 5 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2017

66 Residential sales are pending and awaiting close  (Down by 28 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2017

64 Homes Sold in May (Up by 10 homes from last month)

Hobe Sound FL 33455 Residential Market Report May 2017

The Hobe Sound Florida Market Report ZIP Code 33455 continues with a very active selling volume.  Unfortunately, pending sales decreased as has the inventory of available homes for sale.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 plunged to 2.8 months (3.4 months in April).  An extreme sellers’ market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for May 2016 were:  213 active listings, 90 pending sales, and 52 closed sales. Better closed activity for this year on a lower inventory, but pending sales are not as strong as last year.

Hobe Sound FL 33455 Residential Market Report May 2017

Search here for Hobe Sound Florida Real Estate for Sale

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

Hobe Sound FL 33455 Residential Market Report May 2017

Parkwood Real Estate in Stuart FL June 2017 Market Report

Parkwood Real Estate in Stuart FL June 2017 Market Report

For June 2017, there are no homes for sale in the Parkwood community of Stuart, FL.

There is one home under contract.  This home was listed for $189,000 or $124.51 per sq. ft. of living area.  This home went uner contract 20 days after being listed.

In the past 12 months, 9 homes have been sold.  Sales prices ranged from $193,000 up to $256,500 for an average sale price of $216,006 which works out to $148.15 per sq. ft. of living area.  These homes were on the market for an average of 44 days before going under contract and sales prices averaged 97% of list price.

About Parkwood in Stuart FL:

Parkwood in Stuart FL

The Parkwood community is a non-gated subdivision of 193 homes located south of Cove Road and west of US-1 (Federal Highway) in the southern part of Stuart and north of Hobe Sound in unincorporated Martin County.

This family-friendly community has a community pool and is pet-friendly.  Great location, close to shopping on US-1 as well as easy access to I-95 on Cove Rd. and just minutes to Martin Memorial Hospital South on Salerno Rd.  This location also has easy access to boating in Port Salerno and the beaches either on Jupiter Island or Stuart.

Parkwood in Stuart FL Parkwood in Stuart FL

Homes are modest sizes ranging from 2 bedrooms, 2 bathrooms up to 4 bedrooms and 3 bathrooms with interior living areas ranging from just over 1,150 sq. ft. to 2,200 sq. ft. plus garages.

HOA fees (as of May 2017) are $40 per month and include maintenance and insurance for the community pool and common areas.

Parkwood in Stuart FL Parkwood in Stuart FL

Children living in Parkwood are zoned to attend the Seawind Elementary School, Murray Middle School, and the South Fork High School.

Parkwood is an affordable community that allows residents to enjoy the wonderful amenities that Martin County and South Florida has to offer.

Parkwood Real Estate in Stuart FL June 2017 Market Report

Jensen Beach FL 34957 Condo Market Report May 2017

Jensen Beach FL 34957 Condo Market Report May 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for May 2017

For May 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):



There are currently 122 active listings. (Decreased by 13 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2017

44 Condo sales are pending and awaiting settlement. (Down by 4 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2017

28 Condos Sold (Down by 13 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2017

 The Jensen Beach FL 34957 Condo Market Report for Mayshows a continuing active market though we did have declines in all measured parameters for the month of May 2017.

The one month absorption rate for the May 2017, Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.4 months (from 3.3 months in April), still a seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The May 2016 numbers were: 26 active listings, 11 pending sales and 3 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach FL 34957 Condo Market Report May 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report May 2017

Locks Landing in Stuart Florida June 2017 Market Report

Locks Landing in Stuart Florida June 2017 Market Report

As of June 2017, there were 5 homes on the market in Locks Landing in Stuart Florida.  Listing prices range from $380,000 up to $489,000 for an average price of $422,100 which equates to a per square foot of $201.22.

There are 3 homes currently under contract.  List prices were from $409,900 up to $495,000 for an average list price of $464,800 which equals $190.15 per sq. ft. of living area.  These homes averaged 39 days on the market before going under contract.

In the past 12 months, 21 homes have sold in Locks Landing with sales prices ranging from $333,000 up to $485,000 for an average sales price of $423,846 or $175.22 per sq. ft. of living area. These sales averaged at 98% of listing price and on average went under contract within 78 days of being listed.

Locks Landing in Stuart FL

Locks Landing in Stuart Florida is a planned unit community of 243 homes on the south eastern shore of the Saint Lucie Waterway, just upstream of the Locks on the Okeechobee Water Way at Phipps Park in Stuart, Florida.

Locks Landing in Stuart FL

Locks Landing homes range in sizes from just under 2,000 square feet of living area to some spacious 3,000 square feet plus homes on spacious preserve lots.   Many homes enjoy lake views and a few homes offer views of the Saint Lucie Waterway.  This wonderful family neighborhood boasts a number of docks with available water and electrics..  Easy access through the lock to the main Saint Lucie river and out to the crystal clear waters of the Atlantic Ocean or sail west into Lake Okeechobee for a fabulous day of fresh water fishing.  For those without their own boat dock, there’s a convenient boat ramp to allow all to enjoy the fabulous boating available to all residents of Martin County.

Locks Landing in Stuart FL Locks Landing in Stuart FL

Locks landing is only moments to I-95 for those needing to commute either north or south on the Interstate.  The equestrian farms of Martin County are only a short drive to the west; while to the east is shopping, restaurants, beaches and all the amenities that Martin County has to offer.  This family friendly community also boasts an ‘A’ rated school system with local children attending Crystal Lake Elementary School, David L Anderson Middle School and South Fork High School

Locks Landing in Stuart FL Locks Landing in Stuart FL

To view the current homes available for sale in Locks Landing please select the following link:
Locks Landing Homes for Sale

 

For any questions you may have about Locks landing, 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

Locks Landing in Stuart Florida June 2017 Market Report

 

Jensen Beach FL 34957 Residential Market Report May 2017

Jensen Beach FL 34957 Residential Market Report May 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for May 2017

 For May 2017 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 178 active listings. (Down by 1 homes from last month)

Jensen Beach FL 34957 Residential Market Report May 2017

77 Residential sales are pending and awaiting close or lender approval. (Down by 21 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2017

47 Homes Sold (Up by 1 homes sale from April)

Jensen Beach FL 34957 Residential Market Report May 2017

The Jensen Beach FL 34957 Residential Market continues to show strong activity with strong sales volume.  Unfortunately, a fairly sizeable drop in pending sales which may indicate a little softening in closed volume for the coming months.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dipped slightly to 3.8 months ( was 3.9 months in April).  Remaining in a strong seller’s market for May.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The May 2016 numbers were: 116 active listings, 67 pending sales, and 37 home sales closed.  Considerably better activity this year when compared to last year with a greater inventory.
Jensen Beach FL 34957 Residential Market Report May 2017

Search here for Jensen Beach Real Estate for Sale

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report May 2017

June 2017 Market Report The Retreat in Hobe Sound

June 2017 Market Report The Retreat in Hobe Sound

For the June 2017 there are currently 6 homes on the market in the Retreat of Hobe Sound, ranging in price from $305,900 up to $485,000 for an average price of $384,133 which equals $189.62 per square foot of living area.

There are three homes under contract and awaiting sale.  List prices were from $269,000 up to $274,900 for an average list price of $271,267 which is equal to $172.36 per sq. ft. of living area.  This homes were on the market for an average of 24 days before going under contract.

In the past 12 months, 26 homes have sold in the Retreat.  Sales prices ranged from a low of $245,000 to a high of $475,000 for an average sales price of $304,688 which is $175.17 per sq. ft. of living area. These sales averaged 97% of list price and these homes were on the market for an average of 55 days before going under contract.

the Retreat in Hobe Sound FL

This is a beautiful DiVosta master planned community at the end of Seabranch Ave just west of US-1 in Hobe Sound.  The Retreat contains 555 well built CBS homes ranging from 2 BR to 4 BR homes that continue to impress their owners with their functionality and quality DiVosta construction.

the Retreat in Hobe Sound FL

Located near Schools, Golf Courses, Shopping, Medical facilities, Beaches, and all the amenities either a family or a second home owner looks forward to in Florida living.  Amenities at the Retreat include a heated community pool, clubhouse, fitness room and tennis courts.  Golf course access is right next door at the Lost Lake Golf and Country Club.

the Retreat in Hobe Sound FL

The Retreat was a finalist in the Communities of Excellence contest in the communications division. Association volunteers under the direction of the Communications Committee utilize a bimonthly newsletter, website, bulletin boards, community television channel, town hall meetings, resident directory, email blasts, and open board meetings with published minutes to get information to and from the residents. The newsletter is particularly popular. The website provides information of a business nature, with a resident showcase for display of artwork.

HOA fees in the Retreat run $250.00 a month (as of June 2017). These fees include Basic Cable, Common Areas, Grounds / Plants, Lawn Care, Management Fees, Manager, Recreational Facilities, Reserve Funds and Trash Pickup.

 the Retreat in Hobe Sound FL

Currently some select Retreat Homes are available at very attractive prices.

To view these available Retreat Homes for sale, click here.

the Retreat in Hobe Sound FL

Gabe Sanders

Stuart Florida Real Estate

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

June 2017 Market Report The Retreat in Hobe Sound

 

Palm City FL 34990 Condo Market Report May 2017

Palm City FL 34990 Condo Market Report May 2017

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

 

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



There are currently 76 active condo listings. (Decreased by 10 condos from April)

   Palm City FL 34990 Condo Market Report May 2017

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

Palm City FL 34990 Condo Market Report May 2017

4 Condos Sold in May. (Down by 4 condos from April)

Palm City FL 34990 Condo Market Report May 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 19 months (was 10.8 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 May 2016 numbers were: 62 active listings, 13 pending sales and 7 closed sales.   Better volume on lower inventory from last year.
Palm City FL 34990 Condo Market Report May 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 May 2017

Carriage Hill Condos June 2017 Market Report

Carriage Hill Condos of Palm Cove June 2017 Market Report

There is one Carriage Hill condo available to purchase in the Palm Cove Golf and Yacht Club in Palm City, FL.  This condo is listed for $265,000 or $135.90 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, only one condo has been sold.  The sales price was $205,000 which is $128.13 per sq. ft. of living area.  This condo was on the market for 359 days before going under contract and sold for 91% of list price.

About the Carriage Hill Condos of Palm Cove

Carriage Hill Condos of Palm Cove

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

Carriage Hill Condos of Palm Cove Carriage Hill Condos of Palm Cove

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

Carriage Hill Condos of Palm Cove Carriage Hill Condos of Palm Cove

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

Carriage Hill Condos of Palm Cove

Maintenance fees for the Carriage Hill Condos of Palm Cove as of this writing (June 2017) are approximately $700 to $900 a month depending on size and location.  Since these homes are condos, these fees include building insurance as well as exterior and roof maintenance as well as all the common areas and clubhouse membership.

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

Palm City FL 34990 Residential Market Report May 2017

Palm City FL 34990 Residential Market Report May 2017

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

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

 

There are currently 381 active listings (Decreased by 22 homes from March)

Palm City FL 34990 Residential Market Report May 2017

174 Residential sales are pending and awaiting close or lender approval. (Down by 17 homes from last month)

Palm City FL 34990 Residential Market Report May 2017

129 Homes Sold in March (Up by 49 homes from March)

Palm City FL 34990 Residential Market Report May 2017

The Palm City FL, zip code 34990 residential real estate market had a large jump in closed sales for the month of May along with a decrease in pending sales and inventory.
The monthly absorption rate decreased to 3.0 months from 5.0 months in March.  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 May 2016 numbers were:  377 active listings, 162 pending sales and 84 closed sales.  Stronger pending numbers this year with a larger inventory and similar sales activity.

Palm City FL 34990 Residential Market Report May 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 May 2017

Jensen Beach Golf and Country Club June 2017 Market Report

Jensen Beach Golf and Country Club June 2017 Market Report

There are currently 12 homes and/or villas available for sale in the Jensen Beach Golf and Country Club.  List prices range from $300,000 up to $399,900 for an average list price of $352,683 which equals $194.36 per square foot of living area.

8 homes are under contract awaiting the final sale.  List prices range from $259,900 to $369,000 for an average list price of $305,825 that equals $175.84 per square foot of living area.  These homes averaged 68 days on market before going under contract.

In the past 12 months, 31 homes have sold.  The sales prices ranged from $228,000 up to $420,000 for an average sales price of $321,887 which works out to a price per square foot of  $175.61 at a 97% sales to list price ratio.  These homes were on the market for an average of 58 days before going under contract.

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

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

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

All of these amenities come at an incredibly attractive HOA fee of around $225 per month and include landscaping, trash pickup as well as basic cable TV service.

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

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

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

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

Jensen Beach Florida Real Estate

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

Jensen Beach Golf and Country Club June 2017 Market Report

Stuart FL 34997 Condo Market Report May 2017

Stuart FL 34997 Condo Market Report May 2017

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

 

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

There are currently 61 active condo listings (Decreased by 9 condos from April).

Stuart FL 34997 Condo Market Report May 2017

22 Condo sales are pending and awaiting close or lender approval (Decreased by 22 condos from April).

Stuart FL 34997 Condo Market Report May 2017

37 Condos Sold in May (Increased by 32 condos from April).

Stuart FL 34997 Condo Market Report May 2017

     The Stuart FL condo market for zip code 34997 had a surprisingly large jump in closed sales after a disapointing prior month.  Pending sales are down, though, an it will be very difficult to have this kind of activity continue through the coming summer months.  The inventoy is also down.
     The absorption rate plunged to 1.6 months in May from 14 months for April.  A huge shift into a sellers’ 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 May 2016 numbers were: 73 active listings, 40 pending sales and 17 closed sales.  Considerably stronger closed sales this month compared to last year.

Stuart FL 34997 Condo Market Report May 2017

Stuart Florida Real Estate presented by:
Gabe Sanders

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

 

 

Snug Harbor Stuart June 2017 Market Report

Snug Harbor June 2017 Market Report

As of June 2017, there are 3 active listings in Snug Harbor in Stuart, FL.  The list prices range from a low of $1,350,000 up to $2,650,000 for an average list price of $2,133,333 which equals $460.86 per sq. ft. of living area.

There are currently no homes under contract or pending.

8 homes have sold in Snug Harbor in the past 12 months.  Ranging in sales price from a low of $340,000 up to $1,870,000.  The average sales price was $898,611 or $274.91 per sq. ft. of living area.  These sales averaged at 94% of the last listed price and averaged 67 days on market prior to going under contract.

About Snug Harbor

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

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

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

Snug Harbor in Stuart FL

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

Snug Harbor in Stuart FL

Please feel free to contact Gabe Sanders (772-323-6996), a Snug Harbor resident, if you would like any information about this wonderful community.

Snug Harbor in Stuart FL Snug Harbor in Stuart FL

 

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Snug Harbor June 2017 Market Report

Stuart FL 34997 Residential Market Report May 2017

Stuart FL 34997 Residential Market Report May 2017

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

There are currently 291 active listings (Decreased by 39 homes from April).

Stuart FL 34997 Residential Market Report May 2017

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

Stuart FL 34997 Residential Market Report May 2017

104 Homes Sold in May (Increased by 24 homes from April)

Stuart FL 34997 Residential Market Report May 2017

      The Stuart Florida Residential Market for ZIP Code 34997 showed a decrease in inventory for may along with a sizeable jump in closed sales.  The pending numbers are off a bit and may show some slower closed sale activity for the near future.
     The absorption rate increased to 2.8 months (was 4.1 months for April).  We’re in an extreme sellers’ market for the 34997 zip code area of Stuart for may 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 May, were: 304 active listings, 216 pending listings and 109 closed sales.  Even with such strong activity for this year, the market was more active in 2016.
Stuart FL 34997 Residential Market Report May 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 May 2017

June 2017 Market Report for The Soundings

June 2017 Market Report for The Soundings Yacht and Tennis Club

For June 2017 there are currently 3 active listings in the Soundings Yacht and Tennis Club in Hobe Sound, FL.  List prices range from $440,000 to $749,000 with an average list price of $556,800 which equals  $247.33 per square foot of living area.

There is one home under contract which has not sold to date.  The list price was $364,700 or $186.07 per sq. ft. and this home was on the market for 82 days before going under contract.

In the past 12 months, 8 homes have sold in the Soundings.  Sales prices ranged from a low of $$360,000 to a high of $1,350,000 for an average sales price of $697,063 or $250.37 per sq. ft. of living area. The average days on market was 37 days and sales averaged at 96% of listing price.

The Soundings in Hobe Sound FL

Conveniently located only minutes from beautiful Jupiter Island Beach, June 2017 Market Report The Soundings Yacht and Tennis Club, Florida is an active planned community bordering both sides of Gomez Avenue in Hobe Sound.  There are a total of 153 home sites in the Soundings with only 2 vacant lots unbuilt at last count.

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

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

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

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June 2017 Market Report The Soundings Yacht and Tennis Club