Martin County Townhouses and Condos March 2017 Market Detail

Martin County Townhouses and Condos March 2017 Market Detail

Martin County Townhouses and Condos Market Detail for March 2017 had a bit slower closed sales for the month as compared to last year, while new pending activity looks good.  Closed sales for the month were down by 2.5% (was up by 1.0% in February) while new sales under contract (new pending sales) were up by 8.8% from March 2016 (decreased by 6.8% in February).

Prices were down again for March as the median sales price decreased by 13.0% (was down by 2.2% in February) while the average sales price decreased by 19.6% (was down by 14.4% in February) as compared to March of 2016.  Not totally unexpected with the rapid rise of prices for the past three years as there may be a small correction taking place.  Though this market is till active.

The inventory of available townhouses and condos decreased by 26 units to 445 properties as compared to last month.  This is 12.9% greater than the March 2016 inventory.  Currently, there’s a 4.7 month supply of inventory (a 17.5% increase from last year which was 4.0 months).  Still a sellers market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos March 2017 Market Detail

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

Martin County Townhouses and Condos March 2017 Market Detail

Canopy Creek April 2017 Market Report

Canopy Creek April 2017 Market Report

There are currently 2 homes for sale in Canopy Creek in Palm City.  Both are new construction homes from Kolter Homes.  List prices are $674,900 and $824,900 for an average list price of $749,900 or $202.30 per sq. ft. of living area.

There are no homes currently under contract in Canopy Creek.

In the past 12 months, 9 Canopy Creek homes have sold.  Sales prices ranged from $624,900 to $921,580 for an average sales price of $731,062 or $213.77 per sq. ft. of living area.  These homes averaged 116 days on market prior to going under contract and the sales prices averaged 101% of the list price.

Canopy Creek Clubhouse

Canopy Creek in Palm City is a beautiful community for those seeking new construction homes with plenty of room for privacy.  With just 300 homes on 700 acres of preserves and wetlands this community affords luxury living without the crowds of urban areas.  Each estate home in this Eco-friendly community is on a minimum of a half-acre lot and all offer peaceful views of protected Florida preserves.

Canopy Creek in Palm City FL

Canopy Creek will be a gated private community with easy access to I-95 or the Florida Turnpike. Minutes from the famous Treasure Coast beaches of Florida, the area also offers fabulous shopping and dining in beautiful Stuart, Florida and one of the finest public school systems in Florida. Canopy Creek is your best choice for new homes in Palm City, Florida.

Canopy Creek in Palm City FL

Canopy Creek in Palm City FL

New homes range in size from just over 3,000 sq. ft. of living area to 4,100 sq. ft. with prices starting from the low $600,000’s.  Clients of the BlueWater Realty Team may qualify for some special promotional discounts.  Please call us for details.

Martin County Single Family Homes March 2017 Market Detail

Martin County Single Family Homes March 2017 Market Detail

The Martin County Single Family Homes Market Detail for March 2017 continues to show gains from last year though not quite as robust as last month’s gains.  Closed sales were up by 11.3% (was up by 17.8% in February). New pending sales decreased by 3.3% as compared to March of 2016 (Increased by 10.0% in February).

Prices continued to increase with the median sales price up by 8.7% from last year (up by 10.2% in February) while the average price increased by 8.0% (was up by 23.9% last month).

The inventory of available single family homes decreased from last month by 47 homes to 1,094 units for March,  this is 1.5% greater than last March.  Current supply of homes is 5.5 months, for March of last year it was a 5.2 months supply. (This is a 5.8% increase from last year).  Still a sellers market for Martin County single family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes March 2017 Market Detail

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

Martin County Single Family Homes March 2017 Market Detail

PGA Verano Villa Sold

PGA Verano Villa Sold

Verano villa in PGA

Now Sold.  10205 SW Ambrose Way in the gated Verano community in PGA of Port Saint Lucie, FL 34986.  This villa was listed for $269,900 and sold for $258,000. The buyer was introduced to this property by Gabe Sanders of Real Estate of Florida.

Verano villa in PGA Verano villa in PGA

Like new only better! Picture perfect villa overlooking the canal in PGA village Verano! Close to the front gate and a short walk to beautiful Club Talavera which boasts over 40,000 sq. ft. of social and fitness area, pool & spa!

Verano villa in PGA Verano villa in PGA

This Castellano Villa has 2 bedrooms, a den and 2 baths. This is a gently lived in villa which has beautiful porcelain tiles laid on the diagonal, granite counter tops, upgraded espresso cabinets, stainless steel appliance, crown molding throughout plus chair railing, plantation shutters throughout, French doors to the den, closet organizer in the master, leaded light front door, screened patio, hurricane impact glass throughout, 2 car garage plus room for a golf cart. It’s the perfect package!

Verano villa in PGA Verano villa in PGA

For currently available Verano and PGA Village homes, call 772-888-2885

PGA Verano Villa Sold

The Courtyards at Willoughby April 2017 Market Report

The Courtyards at Willoughby April 2017 Market Report

There are 2 homes for sale in the Courtyards at Willoughby for April 2017.  These homes are listed for $219,900 and $228,000 for an average of $223,950 which equals 129.72 per sq. ft. of living space.

There are 2 condos currently under contract.  List prices were $159,900 and $169,000 for an average list price of $164,450 which is $143.25 per sq. ft. of living space.  These condos were on the market for an average of 24 days before going under contract.

In the past 12 months, 3 condos have sold in the Courtyards of Willoughby with sales prices ranging from $144,500 to $215,000 for an average sales price of $183,500 and this equals $117.07 per sq. ft. of living space.  These condos sold for an average of 98% of list price with an average of 104 days on market before going under contract.

Courtyards of Willoughby in Stuart FLThe charming townhomes in the Courtyards at Willoughby are located close to Historic Downtown Stuart as well as many other shopping, dining and entertainment areas that Stuart, Jensen Beach and Palm City have to offer.

There are only 44 residences in the Courtyards at Willoughby with four different models to choose from, The Juno, The Jupiter, The Hutchinson, and The Jensen depending on your needs. The models go up to 3 bedroom, 2 bathroom two level homes with 1,532 sq. ft. of living area down to 2 bedroom, 2 bath one level living with 1,125 sq. ft. of living space and some models feature garages. Maintenance fees at the time of this writing (April 2017) run from $350 per month and lower depending on the size of the unit. Up to 1 medium sized pet is allowed.

The Courtyards at Willoughby in Stuart FL

This community features a swimming pool, with a sundeck and cabana grilling area, and a 24 hour fitness center! The surrounding school district is ‘A’ rated.

The Courtyards at Willoughby in Stuart FL

As of April 2017 there is only one active listing in the Courtyards at Willoughby.  It is a 3 bedroom, 2 bath townhome with a two car garage.  The list price is $195,000.

There are three pending listings.  All are 2 bedroom units that were listed from $109,900 to $129,000 for an average list price of $115,966 which equals $98.78 per sq. ft. of living area. 2 of these homes are short sales.

In the past 12 months, there have been 7 sales in the Courtyards at Willoughby.  Sales prices ranged from $103,100 to $179,900 for an average sold price of $129,750 which was $97.33 per sq. ft. of living area.  There were no foreclosures and one shortsale in this group of sales.

Search Here for Courtyards at Willoughby Condos for Sale

The Courtyards at Willoughby April 2017 Market Report


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

Whitemarsh Reserve April 2017 Market Report

Whitemarsh Reserve April 2017 Market Report

In late April 2017 there are five homes available for sale in Whitemarsh Reserve.  List prices range from $189,999 to $277,000 for an average list price of $245,200 or $134.43 per sq. ft. of living area.

There are 6 townhouses that are under contract.  List prices for these pending sales are from $224,900 to $255,000 for an average list price of $237,450 which equals $121.89 per sq. ft. of living area.  The average days on market for these homes was 37 days before going under contract.

In the past 12 months, 19 homes have sold in Whitemarsh Preserve.    Sales prices ranged from $203,000 to $252,500 for an average sales price of $233,842 which is $115.16 per sq. ft. of living area.  These homes averaged 49 days on market prior to going under contract and sold for an average of 96% of list price.

Whitemarsh Reserve in Stuart FL

About the Whitemarsh Reserve Townhomes in Stuart FL:

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

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

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

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

This is a pet friendly community allowing up to one large dog.  Rentals are also allowed with some restrictions.  The HOA fee as of April 2017 was just over $140 per month and includes the maintenance of the common areas, basic cable TV, landscaping and lawn service, exterior painting,  trash pickup and the manager.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

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

Whitemarsh Reserve in Stuart FL

Search for all Whitemarsh Reserve Real Estate in Stuart FL

Whitemarsh Reserve in Stuart FL

Whitemarsh Reserve April 2017 Market Report

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

Florida Townhouses and Condos March 2017 Market Detail

Florida Townhouses and Condos March 2017 Market Detail

The Florida Townhouses and Condos Market Detail for March 2017 continued with strong sales activity.   Closed sales were up by 11.4% as compared to last months increase of 4.1% and new sales under contract (new pending sales) increased by 7.1% (In February there was a 0.5% increase).

Values continued to increase though at a strong pace.  Median sales prices were up by 9.4% (was up by 11.7% in February), while the average sales price increased by 10.7% (was up 8.5% in February).  As sales activity decreases and if inventory continues to increase, I expect these prices to continue to moderate, though they are staying pretty resilient at this time.

The inventory decreased by 0.1% from March of last year.  For March 2017 we have 6.3 months of inventory (was  6.4 months in February) and compared to 6.2 months for March 2016.  We remain in a balanced market for Florida townhouse and condo sales but are drifting slowly towards a buyers market in the past year. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos March 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 March 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 March 2017 Market Detail

The Falls of Jensen Beach April 2017 Market Report

The Falls of Jensen Beach April 2017 Market Report

For April 2017 there are 7 homes available for sale in the Falls of Jensen Beach.  Listing prices range from $437,500 up to $699,000 for an average list price of $547,495 or $170.18 per sq. ft. of living area.

There is one home under contract which has not completed the sales process (closed).  The list price of this home is $449,000 or $165.26 per sq. ft. of living area.  This home was on the market for 31 days prior to going under contract.

In the past 12 months, 11 homes have sold in the Falls of Jensen Beach.  Sales prices ranged from $450,000 up to $639,000 for an average sales price of $507,695 which is equal to $163.84 per sq. ft. of living area.  These homes averaged 128 days on market before going under contract and sold on average for 98% of listed price.

The Falls of Jensen Beach real estate

About the Falls in Jensen Beach FL:

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

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

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

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

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

 The Falls of Jensen Beach real estate

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

The Falls of Jensen Beach real estate

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

The Falls of Jensen Beach real estate

The HOA fee (as of April 2017) is $232 per month and includes your landscape and lawn service, basic cable TV as well as security and the common areas.  There is no community pool or clubhouse in the Falls.

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

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

Florida Single Family Homes March 2017 Market Detail

Florida Single Family Homes March 2017 Market Detail

The Florida Single Family Homes Market Detail for March 2017 rebounded with increased activity from last March.  Closed sales were up by 9.3% (were down by 0.5% in February) and new sales under contract (new pending sales) were up by 3.6% (were down by 2.0% in February).

Both the median and average sales prices continued to rise from March 2016 to March 2017.  Up by 10.4% and 11.3% respectively, compared to February’s 12.5% and 9.5%.

The inventory of available homes for sale fell by 4.9% from last year.  For March there was a 4.1 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (March of 2016 had a 4.4 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 March 2017 Market Detail

Click here to view or download the full report:

Florida Single Family Homes March 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 March 2017 Market Detail

Atlantis Condos on Hutchinson Island April 2017 Market Report

Atlantis Condos on Hutchinson Island April 2017 Market Report

There are currently 7 condos on the market in the three Atlantis condo buildings..  List prices range from $214,000 to $297,000 for an average list price of $250,000 which equates to $227.06 per sq. ft. of living area.

There are 4 Atlantis condos that are under contract that haven’t sold to date.  List prices are $182,500 and $299,000 for an average of $227,375 or a per sq. ft. price of $207.14.  These 4 condos went under contract in an average of 160 days.

In the past 12 months, 13 condos have sold in Atlantis.  Sales prices ranged from $163,500 to $300,000 with an average sales price of $222,069 or $201.26 per sq. ft. of living area.  These condos sold in an average of 119 days and at an average of 95% of list price.Atlantis Condos on Hutchinson Island in Jensen Beach

About Atlantis Condos:

Atlantis Condos on Hutchinson Island in Jensen Beach FL (Saint Lucie County) consists of three buildings.  Atlantis ‘A’, Atlantis ‘B’ and Atlantis ‘III’.   Buildings A and B were constructed in 1978 and consist of 68 2 bedroom 2 bathroom condos with 1,053 sq. ft. of living space on 7 stories.  End units are slightly bigger with wrap around balconies and 1113 sq. ft. of living space.  Building III was built in 1982, also with the same number of condos but is slightly larger with 1,151 sq. ft. interior units and 1,258 sq. ft. on the ends.

Atlantis Condos on Hutchinson Island in Jensen BeachAtlantis Condos on Hutchinson Island in Jensen Beach

Condo association fees at the time of this post were in the low $300’s per month for Buildings A & B and the low $400’s for Atlantis III.  These three buildings have two pools in between them as well as direct ocean access from the rear of all buildings.  Those on floors 3 to 7 enjoy excellent ocean and beach views, while the lower floors have partially blocked views because of the sand dunes. There is ample outdoor parking for all residents as well as two tennis courts and a vehicle wash area.

Atlantis Condos on Hutchinson Island in Jensen BeachAtlantis Condos on Hutchinson Island in Jensen Beach

The Atlantis condos are conveniently located just 1 and ½ miles north of the Jensen Beach Causeway and within an easy drive of shopping, restaurants and all the amenities offered on Florida’s Treasure Coast.

Atlantis Condos on Hutchinson Island in Jensen BeachAtlantis Condos on Hutchinson Island in Jensen Beach

Give the Gabe Sanders BlueWater realty team a call or email if you would like more information or wish to see the Atlantis complex in Jensen Beach FL.

Search for Atlantis Condos on Hutchinson Island for Sale

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

Hobe Sound FL 33455 Condo Market Report March 2017

Hobe Sound FL 33455 Condo Market Report March 2017

 

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

 

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

 

There are currently 16 active condo listings. (Increased by 3 condos from February)

Hobe Sound FL 33455 Condo Market Report March 2017

4 Condo is pending and awaiting close. (Down by 2 pending condos from February)

Hobe Sound FL 33455 Condo Market Report March 2017

4 Condos sold in March. (Increased by 2 closed sales from February)

 Hobe Sound FL 33455 Condo Market Report March 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  There continues to be solid activity, though with such small numbers, trends are difficult to analyze.

The absorption rate for Hobe Sound condos decreased to 4.0 months for March (was 6.5 in February).  A sellers 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 March 2016 numbers were: 5 active listings, 7 pending sales and 3 closed sales.  Activity seems to be improving here but it’s very difficult to make meaningful comparisons with such low numbers of sales and inventory, though this segment appears to be returning to more normal volume.

Hobe Sound FL 33455 Condo Market Report March 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report March 2017

Pierpoint Yacht Club April 2017 Market Report

Pierpoint Yacht Club April 2017 Market Report

There are 4 active listings in Pierpoint for early April 2017.  List prices range from a low of $94,888 up to a high of $178,500 for an average list price of $135,722 which equates to a per sq. ft. price of $111.22.

There are 4 condos currently under contract. These condos were listed from $109,900 up to $199,000 for an average list price of $159,700 or $126.69 per sq. ft. of living space.  These condos averaged 78 days on the market before going under contract.

In the past 12 months, 13 condos have sold in Pierpoint.  Sale prices ranged from $$87,000 to $229,900 for an average sales price of $134,338 which equals $106.38 per sq. ft. of living space.  These condos were under contract in an average of 87 days and sold at an average of 95% of the list price.

 Pierpoint Condos for Sale in Stuart FLAbout the Pierpoint Condos in Stuart FL:

This friendly, active 55+ condominium offers two community pools, grills, shuffleboard, a waterfront clubhouse and dock.  First floor, end unit overlooking a peaceful courtyard and pond with a fountain.  Clean, freshly painted, vacant unit just perfect for you!

Pierpoint Condos for Sale in Stuart FLLocated in the heart of Stuart and on the shores of the wide Saint Lucie River, the Pierpoint Yacht Club Condominiums is the premier adult community in Stuart, Florida. Extremely well maintained complex of 8 buildings, some of which have magnificent water views.

Pierpoint Condos for Sale in Stuart FLPierpoint has docks with boat slips for rent as available. Also on this dock is a fishing station and benches for all Pierpoint residents to enjoy and use. Stuart enjoys some of the finest fishing conditions in all of Florida and the east coast.

 Pierpoint Condos for Sale in Stuart FL

On the shores of the Saint Lucie River, Pierpoint has a large and active clubhouse with a full kitchen available for members and special occasions. Adjacent to the clubhouse is one of two heated pools, a billiard room, reading library and shuffle board courts. There’s an outdoor lounge for sipping cocktails right on the shores of the wide Saint Lucie River. Lots of green space and ample parking complement this wonderful community.

 Pierpoint Condos for Sale in Stuart FL

As of April 2017 the condo fees in Pierpoint were $346.00 per month for a one bedroom condo and $367.00 per month for a two bedroom condo.  These fees cover Basic Cable TV, Fire/Liability Insurance, Grounds / Plants, Maintenance Exterior, Manager, Pest Control, Recreational Facility, Roof Maintenance, Trash Removal, Water and Sewer.

 Search for all Pierpoint Yacht Club Condos for Sale in Stuart Florida Real Estate

 

Pierpoint Yacht Club April 2017 Market Report

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Stuart Florida Real Estate presented by:
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Hobe Sound FL 33455 Residential Market Report March 2017

Hobe Sound FL 33455 Residential Market Report March 2017

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

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

There are currently 200 active listings. (Down by 33 homes from February)

Hobe Sound FL 33455 Residential Market Report March 2017

102 Residential sales are pending and awaiting close  (Up by 26 homes from February)

Hobe Sound FL 33455 Residential Market Report March 2017

42 Homes Sold in March (Down by 8 homes from last month)

Hobe Sound FL 33455 Residential Market Report March 2017

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues with strong activity even though the inventory is starting to become an issue with it’s low levels.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 inched up to 4.8 months (4.7 months in February).  Still in a 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 March 2016 were:  212 active listings, 105 pending sales and 56 closed sales. Slightly stronger activity last year, but this was with a bit more inventory as well.

Hobe Sound FL 33455 Residential Market Report March 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 March 2017

Orchid Bay Palm City FL April 2017 Market Report

Orchid Bay Palm City FL April 2017 Market Report

There are currently 2 homes listed for sale in Orchid Bay.  List prices ar $$409,900 and $568,888,  for an average list price of $489,394 which is $156.30 per sq. ft. of living area.

2 homes are under contract and awaiting sale.  The list prices are $489,999 and $625,000 which average to $557,500 and is $190.60 per sq. ft. of living area. These three homes averaged 99 days on the market before going under contract.

In the past 12 months, 5 homes have sold in Orchid Bay.  Sales prices ranged from $436,000 up to $637,500 for an average sold price $508,820 which works out to $171.94 per sq. ft. of living area.  These 5 homes averaged 150 days on the market before the sellers accepted an offer and sold for an average of 98% of the listed price.

Orchid Bay Entrance 2About Orchid Bay:

One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City Veteran’s Memorial Bridge off of Mapp Road.  This gated community of 153 home-sites (including only two vacant lots at this time) enjoys spacious private lots of at least a ½ acre with a few properties residing on over 1 acre sites.  This planned community was developed by the Tartan land Company in the early 1990’s and all homes are individually constructed by the lot owner’s builder of choice.  Consequently this is not a “cookie cutter” community by any means.

Orchid Bay Home 4

Homes range in size from over 5,000 sq. ft. of living area to just over 2,000.  From as many as 8 bedrooms down to 3 bedroom homes.  Both one and two story residences. Homes were built from 1992 through 2007.  Amenities include tennis courts, a picnic and playground area as well as a public gazebo.  Numerous lakes and ponds are on this property with many homes enjoying serene water views.  Orchid Bay has its own community propane tank so all residents have the option of hooking in for propane utilities if desired.

Orchid Bay Pool with Lake View

HOA fees at the time of this writing (April 2017) are $187.00 per month (payable quarterly).   These fees include maintenance of the roads, trash pickup, common areas as well as basic cable TV service.

Orchid Bay Playground

Children of Orchid bay attend wonderful schools:  Palm City Elementary, Hidden Oaks Middle and Martin County High.

Orchid Bay Home 1

Search here for all available Orchid Bay Homes for Sale

For any questions you may have about Orchid Bay, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Orchid Bay Palm City FL April 2017 Market Report

Jensen Beach FL 34957 Condo Market Report March 2017

Jensen Beach FL 34957 Condo Market Report March 2017

 

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

 

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



There are currently 129 active listings. (Increased by 6 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

54 Condo sales are pending and awaiting settlement. (Down by 5 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

25 Condos Sold (Up by 6 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

 The Jensen Beach FL 34957 Condo Market Report for March showed a strong increase in sales but unfortunately pending sales were off a bit, indicating a potential for slower closed activity in the near future.

The one month absorption rate for the March 2017, Jensen Beach Florida Market Report ZIP Code 34957 declined to 5.2 months (from 7.7 months in February), back into a sellers market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2016 numbers were: 25 active listings, 13 pending sales and 9 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 March 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report March 2017

Newer Stuart Home with Guest Cottage – Open House

Newer Stuart Home with Guest Cottage

Please join us on Tuesday April 25, 2017 for an open house at 316 SE Martin Ave. in Stuart FL  9:30 A.M to Noon.

Welcome to Casa Bella in the heart of Stuart FL.  This is a custom designed 2014 2 bedroom, 2 and ½ bathroom home built to the highest standards on a double lot with a detached cottage featuring a full kitchen and bath.  The main home features a chef’s kitchen with quartz counter tops, top of the line appliances with a 6 burner wolf gas range, ice maker, wine cooler and a large island.  A beautiful master bedroom with wood inlays in the ceiling, spacious walk-in closet along with two additional smaller closets.  The second bedroom also boasts a walk-in closet and has its own ensuite bathroom. A dedicated laundry room with top of the line Maytag washer and dryer included with the home.  Spacious two car garage with many built ins and room for additional storage.  A large open living area overlooks the covered patio and landscaped back yard with a gas powered fire pit.

Central Stuart FL Home for Sale Central Stuart FL Home for Sale

The guest cottage was built in the 1960’s but was extensively updated in 2012 and a new roof was installed in 2016.  This cottage has a full bath and kitchen along with two spacious closets and a Murphy bed that coveys with the property

Central Stuart FL Home for Sale Central Stuart FL Home for Sale

There is a dedicated boat parking spot in the backyard and a gate to ensure ease of access for ingress and egress.  Many fruit trees and lush landscaping is highlighted in this lovely outdoor space.

Central Stuart FL Home for Sale Central Stuart FL Home for Sale

Central Stuart FL Home for Sale Central Stuart FL Home for Sale

This home was constructed to exceed the latest City of Stuart building codes (2010). This home was designed to withstand 160 M.P.H. wind gusts with PGT Winguard hurricane and impact resistant windows.  More information and the full home specs are available.

Central Stuart FL Home for Sale Central Stuart FL Home for Sale

Just listed in Stuart FL real estate.

Jensen Beach FL 34957 Residential Market Report March 2017

Jensen Beach FL 34957 Residential Market Report March 2017

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

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

 There are currently 203 active listings. (Up by 13 homes from last month)

Jensen Beach FL 34957 Residential Market Report March 2017

82 Residential sales are pending and awaiting close or lender approval. (Down by 14 homes from February)

Jensen Beach FL 34957 Residential Market Report March 2017

58 Homes Sold (Up by 31 homes sale from February)

Jensen Beach FL 34957 Residential Market Report March 2017

The Jensen Beach FL 34957 Residential Market showed a very strong month for closed sales.  Pending sales dropped  a little but continue to be strong along with good inventory.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 plunged to 3.5 months ( was 7 months in February).  A very strong sellers market for March.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The March 2016 numbers were: 124 active listings, 66 pending sales and 29 home sales closed.  Considerably greater inventory this year with a corresponding increase in both closed and pending sales.
Jensen Beach FL 34957 Residential Market Report March 2017

Search here for Jensen Beach Real Estate for Sale

Residential Properties

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

Jensen Beach FL 34957 Residential Market Report March 2017

Tesoro Golf Club Home Under Contract

Tesoro Golf Club Home Under Contract

146 SE Rio Angelica in the Tesoro Golf Club community of Port St. Lucie is now under contract.  This estate home is listed for $775,000.

Tesoro Club in Port St. Lucie

A custom designed and built Tesoro Golf Club home in immaculate condition. Dramatic private water and golf views are yours from this 2011 built executive’s homes with 26 ft. high ceilings in the foyer and living room. The Living room has a natural gas fireplace and has 2 stories of windows that let in the bright Florida sunshine. Custom ceiling detailing is found in the dining room, master suite, office and main guest bedroom. The home has fiber optic wiring for cable and hi speed internet. The solid wood cabinets found in the kitchen with granite counter tops are a chef’s delight, especially since the cooktop and water heaters in this home are fueled by natural gas. This home does not require a mandatory Tesoro Golf Club membership, though it is available for those with an interest.

Tesoro Club in Port St. Lucie Tesoro Club in Port St. Lucie

About the Tesoro Club in Port St. Lucie:

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.

Tesoro Club in Port St. Lucie Tesoro Club in Port St. Lucie

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.

Tesoro Club in Port St. Lucie Tesoro Club in Port St. Lucie

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.

Tesoro Club in Port St. Lucie

For those needing more pampering there’s a full service spa and salon on premises.

Tesoro Club in Port St. Lucie

And, if you don’t feel like cooking the dining room at the Tesoro club has a menu that is sure to please.

Tesoro Club in Port St. Lucie

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.

Palm City FL 34990 Condo Market Report March 2017

Palm City FL 34990 Condo Market Report March 2017

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

 

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



There are currently 95 active condo listings. (Increased by 3 condos from February)

   Palm City FL 34990 Condo Market Report March 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 March 2017

4 Condos Sold in March. (Down by 2 condos from February)

Palm City FL 34990 Condo Market Report March 2017

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For March of 2017 activity decreased for both pending and closed sales and there’s quite a lot of room for improvement in this segment of the Martin County condo market.

The current absorption rate for condos in the 34990 zip code area jumped to 23.8 months (was 15.3 months in March). A very strong buyers’ market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The March 2016 numbers were: 65 active listings, 15 pending sales and 4 closed sales.   Similar activity this year but with a much larger inventory.
Palm City FL 34990 Condo Market Report March 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 March 2017

Central Stuart Home on Mango Place Sold

Central Stuart Home on Mango Place Sold

1508 SE Mango Place in Stuart FL was listed for $350,000 and sold with the assistance of Gabe Sanders – Stuart Florida Real Estate for $330,000 to a long time Stuart resident returning to the area.

Stuart Vintage Home on Double Lot

Located in one of the most sought after neighborhoods in the historic Stuart area, this classic Florida home has it all with a wonderful vintage feel. Situated on a double lot, 110′ x 125′. Meticulously maintained inside and out with lush landscaping, mature fruit trees, a butterfly garden and a private back yard with plenty of room for a pool.

Stuart Vintage Home on Double Lot Stuart Vintage Home on Double Lot

Ride the bikes or go for a walk in the tree-lined, park-like neighborhood that you’ll love to call home. Cedar wood ceilings and recently re-finished, beautiful terrazzo floors add to the charm of this well preserved treasure. Conveniently located close to downtown for shopping / dining and the beaches for fun in the sun. Other features include; vintage cabinetry, large screened-in lanai porch, new metal roof in 2011, new carport and paver driveway and patio in 2008, storm shutters, storage area, 8 zone sprinklers, outside shower and a walk-in master shower.

Stuart Vintage Home on Double Lot Stuart Vintage Home on Double Lot

Search here for all central Stuart FL homes for sale

For additional information about Stuart FL real estate visit my website or give me a call at (772) 888-2885