Lakeside Condos Indian River Plantation February 2017 Market Report

Lakeside Condos Indian River Plantation February 2017 Market Report

Lakeside Condos in Indian River Plantation

For February 2017, there are 6 active active listings for sale in Lakeside in Indian River Plantation on Hutchinson Island.  The listing prices for these condos ranged from $149,000 to $289,000 for an average list price of $240,650 which works out to $245.31 per sq. ft. of living area.

There are 3 condos under contract and awaiting settlement.  These condos were listed from $149,900 up to $295,000 for an average of $204,933 or $238.10 per sq. ft. of living area,  These two condos averaged 96 days on the market before going under contract.

In the past 12 months, 6 condos have sold in Lakeside with sales prices ranging from $142,000 to $255,000 for an average sales price of $204,933 which is $253.96 per sq. ft. of living area.  These condos sold for an average of 96% of the list price and in an average of 43 days on market (before going under contract).

Lakeside Condos in Indian River Plantation

For those looking to live in a resort setting with the beaches of the Atlantic Ocean close by as well as a full service Marina, golf course, restaurants and fitness facilities without paying the premium price of most resorts, then the Lakeside Condos of Indian River Plantation might just be the place for you.

Lakeside Condos in Indian River Plantation

These Lakeside Condos are condos located just off the golf course and surrounded by the Atlantic Ocean to the east and the Indian River (Intracoastal) to the west.  Situated on a private peninsula in the middle of the Marriott Resort Complex at Indian River Plantation.  There are 74 units built in 1980.  Sizes range from 1 bedroom, 1 bath units of 596 sq. ft. up to 2 bedroom, 3 bath units with 1323 sq. ft. of living area.  This is a pet friendly complex that will allow up to two large pets.  At the time of this writing the condo association fees were $375.00 a month.

Lakeside Condos in Indian River Plantation

The Lakeside Condos at Indian River Plantation are in an excellent location, just a short walk to the beach and there’s a courtesy tram that is available to take residents and guests around the sprawling facilities of the Marriott resort at Indian River Plantation.  Just a short drive to the grocery store, historic downtown Stuart and the many, many amenities that Martin County FL has to offer.

Lakeside Condos in Indian River Plantation

Additional Indian River Plantation Condos you may wish to consider: 
Bayview  Beachwalk  Dunes Club  Fairway Villas  Inlet Village  Ocean House  Ocean Terrace  Plantation Club Villas  Plantation House  Resort Villas  River Village  Riverbend  Riverwood  Tennis Villas

Lakeside Condos Indian River Plantation February 2017 Market Report

Jensen Beach FL 34957 Condo Market Report January 2017

Jensen Beach FL 34957 Condo Market Report January 2017

 

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

 

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



There are currently 132 active listings. (Decreased by 2 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2017

43 Condo sales are pending and awaiting settlement. (Up by 17 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2017

16 Condos Sold (Down by 3 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2017

 The Jensen Beach FL 34957 Condo Market Report for January showed fewer closed sales bu a very strong rise in pending sales which should result in better closed activity for the next few months.

The one month absorption rate for the January 2017, Jensen Beach Florida Market Report ZIP Code 34957 rose to 8.25 months (from 7.1 months in December), a little stronger buyers’ market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The January 2016 numbers were: 39 active listings, 19 pending sales and 6 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 January 2017

Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report January 2017

Pipers Landing February 2017 Market Report

Pipers Landing February 2017 Market Report

Pipers Landing in Palm City FL

There are currently 36 active listings for sale in Pipers Landing.  List prices for these homes range from $75,000 to $1,399,000 for an average list price of $271,667 which equals $94.28 per sq. ft. of living area.

As of this time there are 2 homes and 1 condo under contract which haven’t closed to date.  List prices for these properties ranged from $49,900 to $375,000 for an average of $181,633 which is $68.48 per sq. ft. of living area.  These three homes averaged 535 days on market before going under contract.

In the past 12 months 16 homes have sold in Pipers Landing.  The sales prices ranged from a low of $25,000 up to $560,000.  The average sales price was $194,031 or $58.85 per sq. ft. of living area.  These sold listings averaged 127 days on the market before going under contract and sold at an average of 80% of the list price.

Pipers Landing in Palm City FL

A true world class golfing community in Palm City with just 302 homes on 600 acres of pristine Florida natural preserve and lushly landscaped grounds.  This is a waterfront community with deep water ocean access dockage that can accommodate yachts up to 75′.
Pipers Landing in Palm City FL

This is an equity golf course community (membership is mandatory).  Championship Joe lee designed course (6,832 yards) offering five different levels of play for all abilities.  Homes include spacious condos to spacious waterfront estate homes.  All this in beautiful Martin County, Florida, which boasts an abundance of beautiful waterways and quaint historic areas to experience and enjoy.

Pipers Landing in Palm City FL

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Pipers Landing February 2017 Market Report

Jensen Beach FL 34957 Residential Market Report January 2017

Jensen Beach FL 34957 Residential Market Report January 2017

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

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

 There are currently 198 active listings. (Up by 15 homes from last month)

Jensen Beach FL 34957 Residential Market Report January 2017

72 Residential sales are pending and awaiting close or lender approval. (Increased by 19 homes from December)

Jensen Beach FL 34957 Residential Market Report January 2017

34 Homes Sold (Up by 1 home sale from December)

Jensen Beach FL 34957 Residential Market Report January 2017

The Jensen Beach FL 34957 Residential Market had an increase in inventory (as did most segments of the Martin County residential market). Pending sales were up and closed sales rose by one home from last month.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.8 months ( was 5.5 months in December).  Still in a sellers’ market for the Jensen Beach residential real estate segment but getting very close to a balanced market.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The January 2016 numbers were: 137 active listings, 60 pending sales and 30 home sales closed.  Considerably greater inventory this year and only slightly greater closed sales numbers.  The pending sales look strong.
Jensen Beach FL 34957 Residential Market Report January 2017

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Jensen Beach FL 34957 Residential Market Report January 2017

Mariner Cay February 2017 Market Report

Mariner Cay February 2017 Market Report

There are 9 properties on the market in Mariner Cay in Stuart FL.  2 homes and 7 condos.  List prices range from $260,000 up to $2,600,000 for an average list price of $602,211 or $242.75 per sq. ft. of living area.

No homes or condos are currently under contract.

In the past 12 months, 10 properties have sold in Mariner Cay.  7 condos and 3 homes sold.  Sales prices ranged from $225,000 up to $1,050,000 for an average sales price of $449,650 which works out to $201.20 per sq. ft. of living area.  These homes and condos averaged 100 days on market before going under contract and sold for an average of 96% of the last listed price.

About the Mariner Cay Community

Mariner Cay in Stuart, FloridaWhy should you look into Mariner Cay real estate? The real estate market has much to offer in today’s economy. That is why a great deal of time and effort must be put into searching for the best option available. When it comes to options available Mariner Cay waterfront homes have so much to offer. This wonderful community located along what is referred to as the Treasure Coast of Florida in Martin County is appealing for many different reasons.

Florida’s subtropical and tropical climate makes many seasonal activities year round. In addition, many other choices are added to the extensive list of pursuits in recreation, entertainment and outdoor adventures. With all the water the beaches are a must for an inexpensive form of pleasure and relaxation. Hand in hand with the water comes fishing. Martin County is home to a long list of fishing tournaments, boating activitiesand other related hobbies. Mariner Cay real estate provides an access point into this intriguing world of water through the Mariner Cay marina. Situated in the Manatee Pocket in Stuart Florida the marina is a short distance form St. Lucie Inlet and the cross-roads of the Southeast Florida water-ways. The marina allows you to take advantage of the 60 mile span between its location and the Grand Bahamas Island if you are one with an adventurous spirit. The marina exemplifies the attention to details seen throughout the Mariner Cay real estate properties.

Mariner Cay real estate Stuart FL

For instance, the marina offers:

  • 90% of Mariner Cay slips are available to the public
  • 51 slips that  accommodate boats up to 80 feet and 6 ft. draft
  • Annual, monthly and daily (transient) slips available
  • Approximately 100′ of face dock dedicated to transient boaters
  • Refueling dock with non-ethanol gas and diesel
  • Electricity (30 & 50 amp) and water (good quality) at each slip
  • Sanitary Pump-out
  • Restrooms, showers and washer/dryer facilities
  • Soft drinks and ice
  • Swimming pool adjacent to marina
  • Gated 7/24 security with roving night-time guards
  • ATM, banks, and grocery shopping close by
  • At least five restaurants within easy dinghy ride
  • Boat works, one do it yourself, available on Manatee pocket
  • Free High Speed Internet and 24/7 Wi-Fi.

With a marina like this it is no wonder Mariner Cay real estate has exclusive waterfront estates as well as waterfront townhouses and condos. A beautiful yacht club with dockage comes with the properties benefits. Mariner Cay real estate offers amenities like       Mariner Cay real estate Stuart FL

  • community pool
  • tennis courts
  • fitness center
  • cabana
  • and so much more

With this great Stuart location, Mariner Cay real estate is close to it all. When you start asking yourself about the differences in waterfront communities give us a call. We will show you the differences and special features that come along with the amazing Mariner Cay real estate offers.

Mariner Cay real estate Stuart FL

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Mariner Cay February 2017 Market Report

Palm City FL 34990 Condo Market Report January 2017

Palm City FL 34990 Condo Market Report January 2017

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

 

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



There are currently 91 active condo listings. (Increased by 5 condos from December)

   Palm City FL 34990 Condo Market Report January 2017

8 Condo sales are pending and awaiting close or lender approval. (Unchanged from last month)

Palm City FL 34990 Condo Market Report January 2017

5 Condos Sold in January. (Up by 1 condos from December)

Palm City FL 34990 Condo Market Report January 2017

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  The inventory continues to rise while closed and pending sales are basically holding steady.

The current absorption rate for condos in the 34990 zip code area decreased to 18.5 months (was 21.5 months in January). Still an extreme buyers’ market for Palm City condominiums but trending in the right direction.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The January 2016 numbers were: 64 active listings, 9 pending sales and 2 closed sales.   Better closed sales numbers this year, but this is with a considerable increase in inventory.
Palm City FL 34990 Condo Market Report January 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 January 2017

VilaBella Town-Home Condos in Stuart FL February 2017 Update

VilaBella Town-Home Condos in Stuart FL February 2017 Update
 
In February of 2017 there is only 1 townhome for sale in VilaBella.  This home is listed for $178,888 which is $121.36 per sq. ft. of living area.
There are two pending sales currently in Vilabella. List prices were $174,900 and $183,000 for an average of $178,950 which equals $122.68 per sq. ft. of living area.  These two townhomes averaged 11 days on market prior to going under contract.
In the past 12 months, 4 homes have sold with sales prices ranging from $142,340 up to $182,500 with an average sales price of $165,460 which equals $110.21 per sq. ft. of living area.  These sales averaged 62 days on market before going under contract and sold at 94% of list price.
VilaBella Central Parkway Condos in Stuart, Florida

Entrance to VilaBella Town-Home Condos


These new condominiums located in Stuart are just minutes from it all! Located on Central Parkway connecting the two main roads of Kanner Highway and US-1, VilaBella allows residents easy access to all Stuart has to offer but also keeps residents in a peaceful secluded haven. Modern and pet friendly condominiums feature stainless steel appliances with granite counter tops in the kitchen and in the bathrooms. All units have one car garages and terraces with beautiful views of this well landscaped gated community. Hurricane shutters are included with all units. Residents can enjoy a spacious club house with picnic areas and a community swimming pool. VilaBella is close to great schools, downtown Stuart and the gorgeous Stuart beaches!

VilaBella Town Home Condos in Stuart, Florida

VilaBella Town Home Condos

VilaBella Town Home Condos in Stuart, Florida

Community Pool in VilaBella Town Home Condos


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VilaBella Town-Home Condos in Stuart FL February 2017 Update

 

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Palm City FL 34990 Residential Market Report January 2017

Palm City FL 34990 Residential Market Report January 2017

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

 

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

 

There are currently 421 active listings (Increased by 5 homes from December)

Palm City FL 34990 Residential Market Report January 2017

125 Residential sales are pending and awaiting close or lender approval. (Up by 32 homes from last month)

Palm City FL 34990 Residential Market Report January 2017

52 Homes Sold in December (Down by 13 homes from December)

Palm City FL 34990 Residential Market Report January 2017

The Palm City FL, zip code 34990 residential real estate market had a small increase in inventory and very strong pending sales numbers which should result in a higher sales volume on the coming months.  Closed sales were off for the month.
The monthly absorption rate increased to 8.1 months from 6.4 months in December.  Back into a buyers’ 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 January 2016 numbers were:  400 active listings, 156 pending sales and 49 closed sales.  Just a small increase in sales when compared to last year with fewer pending sales and a greater inventory.

Palm City FL 34990 Residential Market Report January 2017

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Palm City FL 34990 Residential Market Report January 2017

The Yacht and Country Club of Stuart February 2017 Market Report

The Yacht and Country Club of Stuart February 2017 Market Report

February 2017 Market Update:

There are 17 homes currently for sale in the Yacht and Country Club of Stuart.  Listing prices are from $244,850 to $1,795,000 for an average list price of $692,844 which works out to $189.70 per sq. ft. of living area.

There are currently 6 homes under contract ranging in list price from $449,000 up to $799,000.  The average list price of these pending sales is $559,333 or $187.70 per sq. ft. of living area.  These homes averaged 195 days on market before going under contract.

23 homes have sold in the past 12 months.  Ranging in sales price from $183,000 to $1,400,000.  The average sales price was $508,516 which comes out to $155.15 1 per sq. ft. of living area.  These homes went under contract in an average of 158 days with sales prices averaging for 93% of list price.

 
The Yacht and Country Club of Stuart, Florida Golf Course

One of the first gated golf communities in Martin County, the , Florida remains among the preeminent communities on Florida’s Treasure Coast for both the golf and yachting enthusiast.  This fine gate guarded community boasts water front homes that are only minutes from the Saint Lucie inlet and the Atlantic Ocean.  Easy access for day trips to the Bahamas and back and a true fisherman’s paradise.

The Yacht and Country Club of Stuart, Florida Clubhouse

The ‘Stuart’ golf course at the Yacht  & Country Club of Stuart, Florida features a professional 18 hole course with 6,466 yards of golf from the longest tees for a par of 71 . The course rating is 71.2 and it has a slope rating of 125 on Bermuda grass. Driving range and putting greens are also provided at this club.

The Yacht and Country Club of Stuart, Florida Canal

The clubhouse at the Yacht and Country Club of Stuart offers a professionally appointed fitness center with a a resident massage therapist.  Tennis is provided by ix lighted Har-tru tennis courts and also residents are provided with two lighted croquet lawns.

The Yacht and Country Club of Stuart, Florida Homes

There is a heated swimming pool open daily and water aerobics is offered on a weekly basis. The Yacht and Country Club of Stuart has a formal Dining Room that has earned itself a reputation as one of Stuart’s finest dining establishments. Also offered is the “Grill Room” for those who would like to enjoy a more casual dining experience.

The Yacht and Country Club of Stuart, Florida Homes

Truly a wonderful place to call home.

 

Search here for available homes in the Yacht and Country Club of Stuart, Florida
Yacht and Country Club of Stuart, Florida - Homes for Sale

The Yacht and Country Club of Stuart February 2017 Market Report

Stuart FL 34997 Condo Market Report January 2017

Stuart FL 34997 Condo Market Report January 2017

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

 

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

There are currently 80 active condo listings (Decreased by 3 condos from December).

Stuart FL 34997 Condo Market Report January 2017

34 Condo sales are pending and awaiting close or lender approval (Up by 5 condos from December).

Stuart FL 34997 Condo Market Report January 2017

15 Condos Sold in January (Increased by 4 condos from December).

Stuart FL 34997 Condo Market Report January 2017

     The Stuart FL condo market for zip code 34997 showed a strong start to the beginning of 2017 with increases in both pending and closed sales.
     The absorption rate dropped to 5.3 months in January from 7.5 months for December.  Back 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 January 2016 numbers were: 79 active listings, 29 pending sales and 8 closed sales.  Considerably improved activity for this year as compared to 2016.

Stuart FL 34997 Condo Market Report January 2017

Stuart Florida Real Estate presented by:
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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for January 2017

 

 

Mariner Sands February 2017 Market Report

Mariner Sands February 2017 Market Report

For late February 2017 there are 65 properties for sale in Mariner Sands.  These 65 properties include a mix of condos and homes.  The list prices range from $150,000 up to $899,000 for an average list price of $415,265 which works out to $155.59 per sq. ft. of living area.

There are 9 homes under contract (pending) which have not completed the sales process to date.  List prices were from $172,000 up to $645,000 for an average of $374,644 or $154.64 per sq. ft. of living area.  These homes averaged 149 days on market prior to going under contract.

In the past 12 months, 32 homes and condos have sold.  Sales prices ranged from $128,000 up to $772,000 for an average sales price of $368,211 which equals $143.91 per sq. ft. of living area.  These homes averaged 107 days on the market before going under contract and sold on average at 92% of the last listed price.

About Mariner Sands

Clubhouse of Mariner Sands Golf Club in Stuart Florida

One of our premier golf course communities located on 728 pristine acres with magnificent landscaping featuring idyllic lakes and water views as well as natural wooded buffers.   There are 771 residences in Mariner Sands with exclusive use of two championship golf courses.  Designed by famed course architects Tom Fazio and Frank Duane.  In addition to 36 holes of magnificent golf,

Chapel in Mariner Sands Golf Club in Stuart Florida

Mariner Sands also features a championship Tennis facility with 9 Har-Tru courts and pro shop.  Yearly clinics as well as tournaments keep the Tennis players busy.  Members have access to the adjacent large swimming pool and pool bar.

Golf Course of Mariner Sands Golf Club in Stuart Florida

There’s also a The 2,100 sq. ft. Fitness Center is available for use by all Mariner Sands members.  It contains state-of-the-art equipment for cardiovascular development, strength and toning procedures for all muscle groups and flexibility improvement. Two on-site licensed personal trainers are available to assist members in developing specific individual programs.

Golf Views of Mariner Sands Golf Club in Stuart Florida

For pet lovers, Mariner Sands boasts it’s own ‘doggie park’ for use by all residents.

Mariner Sands is one of the few golf communities in Florida that has it’s own chapel. It has multi-denominational worship services and is host to art classes, a library and various cultural events.  The chapel also facilitates some of the many charitable events and volunteer opportunities for the community.  A Memorial Garden is available for interment to all Mariner Sands residents and their families.

Golf in Mariner Sands Golf Club in Stuart Florida

Monthly HOA fees vary greatly depending on the home’s location and for condos.  Golf membership is not mandatory but social membership is and is included in the monthly HOA (Home Owners’ Association) or COA (Condo Owners’ Association) dues.  These social fees are $2080.00 per quarter.  Currently (as of October 2016) there’s a one time non-refundable capitol contribution of $20,000 for anyone purchasing a Mariner Sands residence.

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Mariner Sands February 2017 Market Report

Stuart FL 34997 Residential Market Report January 2017

Stuart FL 34997 Residential Market Report January 2017

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

 

There are currently 354 active listings (Increased by 20 homes from December).

Stuart FL 34997 Residential Market Report January 2017

169 Residential sales are pending and awaiting close or lender approval (Up by 49 homes from December).

Stuart FL 34997 Residential Market Report January 2017

61 Homes Sold in January (Decreased by 8 homes from December)

Stuart FL 34997 Residential Market Report January 2017

      The Stuart Florida Residential Market for ZIP Code 34997 started the year with a big jump in inventory and a lower number of closed sales.  Pending sales, however, look very strong.
     The absorption rate decreased to 5.8 months (was 4.8 months for December).  Just about back to a balanced market, only a slight sellers’ one for the 34997 zip code area of Stuart.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2016 numbers for January, were: 299 active listings, 156 pending listings, and 88 closed sales.  Higher inventory this year and lower volume of closed sales.  Though, pending sales look strong.
Stuart FL 34997 Residential Market Report January 2017

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Stuart FL 34997 Residential Market Report January 2017

 

How to Sell a Fixer Upper

How to Sell a Fixer Upper

fixer upper

So you plan to sell a home that some might call a fixer upper. In other words, this is a residence that—while attractive, high quality and structurally sound overall—is in need of a little work. And the person who buys this residence will be the one responsible for any repairs, remodels or refurbishments that might be needed in order to optimize the house’s potential; in other words, to morph this particular house into their ultimate dream home.

Just how do you market and sell a home that—or so you admit from the outset—is not exactly perfect? How do you sell a fixer upper? Read on for some ideas:

1. Don’t call it a fixer upper. Sorry to be royal wise acres here; but the fact is that some home buyers automatically reject homes that are labelled as fixer uppers. They may fear that fixer upper is a surefire synonym for Residential Disaster, This Property Condemned or Official Set Location for the Next Amityville Horror flick. Not these synonyms would be anywhere close to true, accurate or applicable, but the fact remains that phrases such as fixer upper might trigger unfairly awful images in the mind of many potential buyers.

2. Don’t call it a challenge, a repair project, or a house with potential, because…well, for pretty much all the same reasons we just mentioned. And we probably don’t need to say that phrases like “money pit” are out of the proverbial question; particularly if potential home buyers have seen the 1996 Tom Hanks and Shelley Long comedy movie that showed us exactly what a “money pit” really is! Hint, it hate pretty!

3. Always point out the home’s positive attributes before you detail those aspects that may need some work or improvement. Accentuate the positive before you delve into the negative; OK, so that doesn’t make for such a catchy song title, but it is sound advice in regards to selling a fixer upper (except, of course, we’re not calling it a fixer upper. Shhh….).

4. Assure all potential buyers that your home is safe, clean and stable; and that it has passed any and all required safety and building inspections with flying colors. Assure those who may be interested in purchasing the residence that they can safely reside in the place “as is”; however, they may need to do a bit of work to morph their safe, decent house into the home of their dreams.

Need help selling a Martin County fixer upper?  Give me a call at (772) 888-2885

Stuart FL 34996 Condo Market Report January 2017

Stuart FL 34996 Condo Market Report January 2017

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

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

There are currently 170 active condo listings (Up by 17 condos from last month).

Stuart FL 34996 Condo Market Report January 2017

31 Condo sales are pending and awaiting close or lender approval (Decreased by 4 condos from December).

Stuart FL 34996 Condo Market Report January 2017

22 Condos Sold in January (Up by 2 condos from December) 

Stuart FL 34996 Condo Market Report January 2017

The Stuart FL 34996 Condo Market of Stuart had small gains from last month with sales up slightly.  A fairly large jump in inventory along with a decrease in pending sales is a little troubling.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 remained basically unchanged at 7.7 months from December’s 7.65 months.  Remaining in a buyers market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for January 2016 were: 123 active listings, 37 pending sales and 11 closed sales.  Somewhat better closed activity for this year when compared with last year, but with a much larger number of condos available for sale.

Stuart FL 34996 Condo Market Report January 2017

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Stuart FL 34996 Condo Market Report January 2017

South Sewalls Point Vacant Lot – New Price

South Sewalls Point Vacant Lot – New Price

 Sewalls Point real estate

Reduced to $195,000 this is one of the last remaining close to the Indian River lots in Sewalls Point.  Very conveniently located on the corner of South Sewalls Point Rd and Herons Nest in the Rio Vista section of Sewalls Point is one of the few remaining buildable parcels of land with potential Intracoastal Views of the wide Indian River.  This is an excellent opportunity for a dream home in a much sought after location for a great price.

Sewalls Point real estate Sewalls Point real estate

Vacant buildable lot in Sewalls Point that has been cleared and is ready for your dream home.  There is a good potential for a home with water views built in this location.  Lot is just over 1/3 of an acre and will most likely require a home to be built on pilings (flood zone).  Great location with excellent schools, close to beaches, downtown Stuart, shopping and restaurants.  There aren’t very many of these opportunities left in Sewalls Point.

Sewalls Point real estate

MLS-Search-small-e12889727557434

Search here for all Sewalls Point vacant lots for sale.

About Sewalls Point

Sewall’s Point is a charming peninsula town located on the eastern side of Martin County, Florida. Once more of a vacation town, Sewall’s Point now is home to many younger families and full-time residents. Surrounded by water on its north, south and west, this unique community is famous for its waterfront homes and is often called a boaters’ paradise.

Sewalls Point: Ideal for Water Lovers

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

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

Look Forward to a High Quality of Life in Sewalls Point, Florida

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

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

Sewalls Point is a Uniquely Charming Place to Live!

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

Home-Buying on the Sewalls Point Housing Market

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

South Sewalls Point Vacant Lot – New Price

Stuart FL 34996 Residential Market Report January 2017

Stuart FL 34996 Residential Market Report January 2017

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

 

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

 

There are currently 180 active listings (Up by 11 homes from December).

Stuart FL 34996 Residential Market Report January 2017

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

Stuart FL 34996 Residential Market Report January 2017

10 Homes Sold in January (Decreased by 7 homes from December).

Stuart FL 34996 Residential Market Report January 2017

The 34996 zip code area of the Stuart Florida residential real estate market slowed for the beginning of 2017 with an increase in inventory and a decrease in closed sales.  Pending sales remain strong so we should see improved numbers in the next few months.

The one month absorption rate for the 34996 zip code area of Stuart Florida for January jumped to 18.0 months as compared to December’s 9.9 months.  Once again a strong buyers’ 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 January of 2016 were: 160 active listings, 42 pending sales and 10 closed sales.  Very similar closed and pending sales, though there’s greater inventory for this year.

Stuart FL 34996 Residential Market Report January 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 January 2017

Mariner Village February 2017 Market Report

Mariner Village February 2017 Market Report

For February 2017, there are 7 homes for sale in the Mariner Village gated community of Stuart FL.  These homes range in asking prices from $269,900 to $338,500 with an average list price of $292,900 which equals $157.99 per sq. ft. of living area.

There are currently 5 homes with pending sales that have not closed to date.  These homes were listed from $264,900 up to $324,900 for an average list price of $297,540 or $153.85 per sq. ft. of living area.  These homes averaged 69 days on market before going under contract.

In the past 12 months, 21 homes have sold in Mariner Village.  Sales prices ranged from a low of $$165,000 up to a high of $350,000 for an average sales price of $283,995 which works out to $145.26 per sq. ft. of living area.  These homes sold for an average of 97% of the last list price and were actively on the market for an average of 73 days.

About Mariner Village

Mariner Village sign

Mariner Village is a gated community in the very southern section of Stuart FL, adjacent to the Hobe Sound area of Martin County.  This community consists of 330 homes that were built between 1992 and 2000.  Home sizes range from 2 bedroom, 2 bath homes with around 1,600 sq. ft. of living area up to 5 bedroom, 4 bathroom homes with just under 3,000 sq. ft. of living area.

entrance to Mariner Village

Many homes have private preserve views and there are a number of homes with lake views.  All Mariner Village homes have 2 car garages and some have private in-ground swimming pools.

Community Pool in Mariner Village

Community amenities include a heated pool, 2 tennis courts and 2 basketball courts as well as a nature trail through the preserves.

tennis courts in Mariner Village

The HOA fees (as of February 2017) are $570 per quarter and include front lawn maintenance, basic Cable TV, trash pickup and maintenance of all the common areas. 2 large pets are permitted as well as rentals with some restrictions.

lake in Mariner Village

Mariner village is conveniently located close to shopping, restaurants, beaches, medical facilities and belong to Martin County’s ‘A’ rated school system

Stuart FL 34994 Condo Market Report January 2017

Stuart FL 34994 Condo Market Report January 2017

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for January 2017

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

 

There are currently 91 active condo listings (Up by 5 condos from December).

Stuart FL 34994 Condo Market Report January 2017

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

Stuart FL 34994 Condo Market Report January 2017

18 Condos Sold in January (Up by 5 condos from December).

Stuart FL 34994 Condo Market Report January 2017

The Stuart FL 34994 Condo market had a very strong start for the 2017 year with an increase in both closed and pending sales.

The absorption rate for January dropped to 5.1 months compared to last month’s 6.6.  Moving back into a buyers’ 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 January the numbers were 102 active listings, 28 pending sales, and 15 closed sales.   Considerably better activity for the beginning of 2017 as compared to last January with less inventory.

Stuart FL 34994 Condo Market Report January 2017

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, January 2017

Highlands Reserve February 2017 Market Update

Highlands Reserve February 2017 Market Update

There are currently 13 homes actively listed in Highlands Reserve for February of 2017 in Palm City, Florida.  Prices range from $364,900 up to $949,900.  The average list price is $540,583 which equals $164.81 per square foot of living area.

There is only 1 home under contract awaiting closing.  This home was listed for $599,990 or $138.09 per sq. ft. of living area.  This home went under contract 7 days after it was listed.

In the past 12 months, 34 homes have sold in Highlands Reserve with an average sales price of $482,227 at $156.88 per square foot of living area.  Actual sales prices ranged from $284,000 to $775,000.  These homes averaged 105 days on market and sold at 96% of listed price.Highlands Reserve real estate in Palm City FL

 Highlands Reserve is one of the newest upscale communities in this section of Martin County. Enter the magnificent gates and surround yourself with the well appointed amenities of the clubhouse and natural beauty of this community. Included are paths into winding nature trails will offer dramatic views of surrounding natural preserves and serene lakes.

Highlands Reserve real estate in Palm City FL Highlands Reserve real estate in Palm City FL

Located only seconds from I-95 and within minutes of shopping, beaches and the laid back easy lifestyle of Martin County. Perfect for the family with an ‘A’ rated school system. Only 30 minutes to West Palm Beach and 2 hours to Orlando.

Highlands Reserve real estate in Palm City FL Highlands Reserve real estate in Palm City FL

Low HOA fees of $315.00 per month include landscaping and irrigation as well as the security gate, use of the full service clubhouse with large pool and state of the art fitness center.  Lounge and kitchen for private parties and occasions.

Highlands Reserve real estate in Palm City FL

Highlands Reserve is a D. R. Horton community and new construction homes are still available.  There are usually some excellent offers available through Realtors.  Call us today for our new construction special rebate program.

Highlands Reserve real estate in Palm City FL

Give us a call for the full line of exceptional new homes available in Highland Reserve in Palm City, FL.

Search for Highlands Reserve Homes for Sale

the Gabe Sanders real estate team

Stuart Florida Real Estate

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

Highlands Reserve February 2017 Market Update

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

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

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

There are currently 74 active listings (Increased by 22 homes from December)

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

22 Residential sales are pending and awaiting close or lender approval (Increased by 4 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential January 2017

7 Homes Sold in December (Down by 12 homes from December)

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida began 2017 with a drop inactivity along with a big jump in inventory.

The one month absorption rate for the 34994 zip code for January jumped to 10.6 months from 2.7 months for December.  Into a buyers’ market for the first time in quite some time 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 January 2016 numbers were 59 Active Listings, 14 pending sales and 10 closed sales.  A big jump in inventory along with a drop in closed and pending sales from last January.

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

Search here for Stuart Florida Real Estate for Sale

 

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

 

Stuart, FL Real Estate

Business Opportunity Properties

Commercial Properties

Land Properties

Rental Properties

Residential Properties

Residential Income Properties

Stuart Florida Market Report ZIP Code 34994 Residential January 2017