Inlet Village February 2017 Market Report

Inlet Village February 2017 Market Report

There are 6 condos for sale in Inlet Village in February of 2017.  List prices range from $165,000 to $325,000 for an average list price of $257,800 which is $237.66 per sq. ft. of living area.

There is one condo currently under contract.  This condo was listed for $234,900 or $226.08 per sq. ft. of living area.  This condo went under contract 63 days after being listed.

In the past 12 months, 7 condos have sold in Inlet Village.  Sales prices ranged from $151,000 up to $305,000 for an average sales price of $220,643 which equal $219.80 per sq. ft. of living area.  These condos sold for an average of 91% of list price and were on the market for an average of 64 days,

About Inlet Village Condos on Hutchinson Island in Stuart FL:

Inlet Village is located near the South end of Hutchinson Island in Stuart, Florida.  Just 40 minutes North of Palm Beach International Airport. Inlet Village consists of three 4 story buildings.  Two of which overlook the wide Indian River (Intracoastal Waterway) and the other with seeping views of lakes and the Indian River Plantation golf course.

Inlet Village in Indian River Plantation

Within easy walking distance to the Indian River Plantation Marriott Resort where you can enjoy guest privileges such as golf, tennis, water sports, spa, fitness center, hotel dining and the delightful sandy beaches of the Atlantic Ocean! At the beach there is a tiki bar/restaurant where you can enjoy tropical drinks and/or have a enjoyable lunch.

Inlet Village in Indian River Plantation

Inlet Village is one of the few pet friendly condo associations that allow up to two large pets per condo.  Liberal rental rules will also allow rentals as short as one month.  The Condo fees (as of January 2017) were $500 a month and cover the common areas as well as building insurance and outside maintenance as well as water and sewer.

Search for Inlet Village Condos for Sale

Additional Indian River Plantation Condos you may wish to consider:
BayviewBeachwalkDunes ClubFairway VillasLakesideOcean HouseOcean TerracePlantation Club VillasPlantation HouseResort VillasRiver VillageRiverbendRiverwoodTennis Villas

Sewalls Point Single Family Market Report January 2017

Sewalls Point Single Family Market Report January 2017

Sewalls Point Real Estate Snapshot, Residential Sales for January 2017

There are currently 67 active listings (Up by 5 homes since last month)

Sewalls Point Single Family Market Report January 2017

11 home sales are pending and awaiting close or lender approval (Increased by 1 home from December)

Sewalls Point Single Family Market Report January 2017

4 Homes sold in December (Decreased by 7 homes sales from December)

Sewalls Point Single Family Market Report January 2017

The single family real estate market in Sewalls Point retreated dramatically after a strong December.  Inventory rose while closed sales were way off.

The current absorption rate shot up to 16.8 months, in December it was 5.6 months.  Quite the see-saw ride for the Sewalls Point real estate market going back into a buyers’ market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to January 2016, the inventory was 57 homes on the market, 15 pending sales and there were 4 closed sales.  Identical number of closed sales while less pending and greater inventory for this year when compared with last January.

Sewalls Point Single Family Market Report January 2017

 Search below for Sewalls Point Florida Real Estate for Sale

Rental Properties

Vacant Land Properties

Residential Properties

Sewalls Point Single Family Market Report January 2017

 

Gull Harbor February 2017 Market Report

Gull Harbor February 2017 Market Report

There are currently 3 homes for sale in Gull Harbor.  List prices range from $519,000 to $695,315 for an average of $584,738 or $303.08 per sq. ft. of living area.

Currently, there are no homes under contract in this community.

In the past 12 months, there has been one sale in Gull Harbor.  This home sold for $905,000 which equals $244.59 per sq. ft. of living area.  The sales price was 93% of the last list price and it went under contract in 73 days.

About Gull Harbor Real Estate in Palm City FL

The Gull Harbor community of Palm City consists of mostly waterfront homes on the shores of the South Fork of the Saint Lucie River as well as an exceptionally wide and deep canal off the river.  This is a non-gated neighborhood with 43 homes and no HOA or deed restrictions.  Of these 43 homes, only 4 do not have access to a dock in their backyards.

Gull Harbor real estate in Palm City FL

The first home built in Gull Harbor was in 1961 and the last was completed in 2014.  There is one residential lot left in Gull Harbor that has not been built upon.  Homes range in size from as small as just over 1,300 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to a 5 bedroom, 3 bathroom home with just under 5,000 sq. ft. of space for living area.

Gull Harbor real estate in Palm City FL

Children attend Bessey Creek Elementary, Hidden Oak Middle and Martin County High Schools.  All of which are considered to be excellent schools in Florida.

Gull Harbor real estate in Palm City FL

Gull Harbor lies just east of Mapp Rd (North of Martin Downs Blvd), see the map below.  Very convenient location with easy access to downtown Stuart, FL or Florida’s Turnpike for commuters and with many choices for shopping, entertainment and other amenities close by.

Click on this link to search for available Gull Harbor Homes for Sale

The Open House Checklist

The Open House Checklist

open-house

Are you open to hosting an open house? An open house is that all important event that basically shows off and sells your home to prospective buyers; and as such, this happening is perhaps the most essential tool in the arsenal of a home seller. A buyer, after all, has to visit and see your home and inspect its elements before they even can think of buying it.
While planning your open house, it may help you to develop a check list of helpful items to have on hand the day of the big event. And these could include:

1. An open house sign. Aside from the for sale sign that your Realtor will post outside your home, it might help to post additional signage that announces and lists the details of your open house event. This is sure to bring in passersby who otherwise may not have known that your house was for sale; one of whom may be the ideal buyer for your residence.

2. Informational sheets. Printed floor plans and information sheets can do much to answer any questions that prospective buyers may have about your home, and may play a vital part in their eventual decision as to whether or not they buy your home. These sheets tell them everything from the number of bedrooms and bathrooms in the residence to their size and square footage; the size and style of the kitchen and living areas in the home to the availability of extras such as rec rooms, storage spaces, fireplaces, swimming pools, etc. Print these sheets up on high quality paper and hand them out to guests as they step through the door.

3. Refreshments. When printing up meeting notices in the newspaper, organizations are encouraged to list the availability of treats and refreshments at their upcoming sessions; a seemingly trivial factoid that has been known to double attendance at just about any type of meeting. It’s a fact; people love free food. So have plenty of it on hand at your open house!

4. Experts. All open houses should be hosted by people who know basically all there is to know about your home. This could be your real estate agent, or it could be you—or, in some cases, you both may wish to be present for the event; ready to greet guests, answer their questions, and basically offer whatever help and advice guests need to make their home buying decisions—and hopefully in your favor!

If you need help with an open house in Stuart Florida give me a call at (772) 888-2885

Four Winds on the River Condo February 2017 Market Report

Four Winds on the River Condo February 2017 Market Report

There are no condos currently available for sale in Four Winds on the River in Stuart FL.

One condo is under contract.  It was listed for $249,000 or $184.44 per sq. ft. of living area.  This condo was on the market for 10 days before going under contract.

In the past 12 months, 1 condo has sold in Four Winds.  This condo sold for $180,000 which equals $132.45 per sq. ft. of living area.  Th1 condo sold for 90% of the last listed price and was on the market for 161 days before going pending.

Four Winds on the River Condo in Stuart FL

A wonderful small condo community on the shores of the wide Saint Lucie River in Stuart, FL, Four Winds on the River was built in 1981 and has seen some major updates and upgrades in recent years.  Only 39 units with the availability of two guest suites if needed by residents.  All of these condos are 2 BR with the exception of 1 one bedroom unit.  Sizes are very generous from 1,900 to 1,350 sq. ft. of living area.

Four Winds on the River real estate Four Winds on the River real estate

There are ocean access docks suitable for up to a 50′ vessel available for lease.  A large riverfront clubhouse with kitchen and ample common areas for events, get-togethers or large parties.  Two tennis courts and a heated swimming pool.  Four Winds on the River has covered car ports for each condo along with ample guest parking.  This is a gated community and the common areas are shared with the small and exclusive community of Snug Harbor West.

Four Winds on the River real estate Four Winds on the River real estate

The location is exceptional as it is only minutes to the beaches, shopping, medical facilities and downtown Stuart.

Four Winds on the River real estate Four Winds on the River real estate

Search for all Four Winds on the River Condos for Sale


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Stuart FL Real Estate is presented by:
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Angler Cove Condos February 2017 Market Update

Angler Cove Condos February 2017 Market Update

There are currently 5 Angler Cove condos available for sale.  The list rices are from $269,900 up to $389,998 which works out to an average price of $308,580 or $242.36 per sq. ft. of living area.

There are no condos under contract at this time in Angler Cove

In the past 12 months there have been 4 sales.  Sales prices ranged from $193,000 to $285,000 for an average sales price of $233,850 or $186.38 per sq. ft. of living area.  The list to sales prices averaged at 90%.  These condos averaged 29 days on market before going under contract.

(Please consider that some condos in Angler Cove have deeded docks and some don’t.  This can add to the wide disparity of both listing and sales prices)

Angler Cove Condos on Hutchinson Island in Stuart Florida is a unique complex with 12 buildings amd 64 units surrounding a man made cove with deep water dockage for the boating enthusiast.

Units include spacious two bedroom units as well as a number of larger three bedroom townhome style homes.  Two buildings on the west side of the complex offer spectacular wide river views of the Intracoastal Waterway (Indian River).

Angler Cove Condos on Hutchinson Island

Most first floor units offer dockage just steps outside the living area.  Some second floor units have docks available throughout additional spaces in the cove as well as larger docks built out into the Indian River.

Amenities include a full time on-site manager and maintenance man.  A clubhouse with a large community pool, barbecue areas and some limited boat parking and deeded beach access.

Very well located just minutes to downtown Stuart  Shopping, restaurants and all other services just a short distance away.  An excellent place to call home or to have a Florida get-away for those cold winters up north!

Condo association fees vary from $450 to $560 per month.  The fees include Basic Cable Tv, Landscape/Lawn care, On Site Manager, Reserve Fund, Trash, Water and Sewer.

 Angler Cove Condos on Hutchinson Island

Search for all Anglers Cove Condos for Sale

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Stuart Florida Real Estate

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

Angler Cove Condos February 2017 Market Update

North River Shores February 2017 Market Update

North River Shores February 2017 Market Update

The North River Shores February 2017 Market Update for Stuart Florida:

There are currently 12 active listings in North River Shores.  List prices range from $329,900 up to $1,950,000.  The average list price is $766,892 based on $293.04 per square foot of living area.

4 homes are under contract (pending sales). List prices were from $259,900 up to $445,000 for an average of $316,200 which equates to a $163.27 price per sq. ft. of living area.  These homes averaged 127 days on the market before going under contract.

In the past 12 months, 17 homes have sold in North River Shores at an average sales price of $361,318 or at $190.40 per square foot of living area. Sales prices ranged from $215,000 up to $619,500 0 and averaged 93% of the last list price.  These homes were on the market for an average of 53 days prior to accepting the offers that lead to the sale.

North River Shores

The area north of the Roosevelt Bridge to Britt Road and west of US 1 is sometimes loosely referred to as “North River Shores.” However, North River Shores and its companion neighborhoods of Cocoanut Point and North River Forest are distinct subdivisions as recorded in Martin County records.
 
Members of these communities enjoy the benefits of designated park areas as well as the use of the boat ramp at Nosaw Park which accesses the North Fork of the St. Lucie River.
There are also some accompanying deed restrictions that enhance and protect the aesthetic nature of this beautiful community.

 North River Shores

The North River Shores communities include both waterfront and non-waterfront homes.  Waterfront homes may have sweeping miles wide views of the North Fork of the Saint Lucie River or protected canal front homes with deep water dockage.  Additionally, North River Shores is a bird and wildlife sanctuary.


North River Shores This community is blessed with easy access to shopping, the beaches, houses of worship, schools and access to both downtown Stuart and Jensen Beach, yet it maintains a quiet and peacefully neighborhood character.   This is a wonderful neighborhood within Martin County’s ‘A’ rated school district.
For additional information about North River Shores and/or the surrounding communities, contact Gabe Sanders or of Premier Realty Group.

North River Shores

 
Search here for available homes in North River Shores

 

Find the Perfect Home for Sale Today

Prices are low ant the inventory has been shrinking.  Don’t miss the opportunity of a lifetime.  Search instantly for any size, location, price range to get you the BEST deal around!!!

courtesy of:
the Gabe Sanders real estate team

Stuart Florida Real Estate

North River Shores February 2017 Market Update

Central Vintage Stuart Home Under Contract

Central Vintage Stuart Home Under Contract

Now under contract, 1508 SE Mango Place in Stuart FL was listed for $350,000 and the buyer was introduced to this home through the efforts of Gabe Sanders.

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

February 2017 Market Update for Hunters Creek in Palm City FL

February 2017 Market Update for Hunters Creek in Palm City FL

Currently in February, there are no homes on the market in Hunters Creek in Palm City, FL.

There are 2 homes currently under contract (pending sale).  These homes were last listed for $359,900 and $389,900 for an average list price of $374,900 which equals $169.22 per sq. ft. of living area.  These two homes went under contract in an average of 31 days after being listed.

There have been 4 homes sold in the past 12 months in Hunters Creek.  Sales prices were from $354,900 to $397,500 for an average sale price of $373,100 which works out to $154.82 per sq. ft. of living area.  These homes sold on average of 97% of the last listed price and were under contract on an average 46 days after being listed.

Hunters Creek in Palm City FL is a gated community of 68 homes located off of Mapp Road just north of the Oak Ridge subdivision and across the road from Harbour Pointe.

Hunters Creek in Palm City FL

Homes in Hunters Creek were first completed in 1990 and the last home was built in 2001. There are no more vacant lots left to be built as this community is fully matured and built out. All homes are custom built and range in sizes from over 3,800 sq. ft. of living area to just under 1,700. From 5 bedroom pool homes on over a ½ acre of land down to 3 bedroom homes on just over a quarter of an acre.

HOA fees are a very reasonable at under $100 per month. This covers the common areas and security gate along with basic cable TV.

Hunters Creek in Palm City FLHunters Creek is very conveniently located near the Palm Cove Golf Club as well as quick access to Florida’s Turnpike and I-95. Also, just a few minutes away from the Palm City Bridge with access to downtown StuartJensen Beach and the beaches of the Atlantic Ocean on Hutchinson Island.

Hunters Creek Homes for Sale in Palm City FL

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Palm City Florida Real Estate presented by:

the Gabe Sanders real estate team

February 2017 Market Update for Hunters Creek in Palm City FL

Olympia in Hobe Sound Vacant Lot Under Contract

Olympia in Hobe Sound Vacant Lot Under Contract

Hobe Sound Vacant Land

One of the last few remaining lots in the Venus park area of Hobe Sound in Olympia Plats is now under contract.  An adjacent lot is still available for sale for $94,000.

Hobe Sound Vacant Land Hobe Sound Vacant Land

Vacant lot for sale in the Olympia section of the Hobe Sound area of Martin County Florida. This lot is conveniently located close to historic downtown Hobe Sound and only minutes to Jupiter Island Beach on the crystal clear waters of the Atlantic Ocean. Only a few blocks from Zeus Park and the Joseph B Reed park athletic facilities. This excellent location also affords easy access to I-95 via Bridge Road and to both downtown Jupiter and Stuart via Dixie Highway and/or US-1. The adjacent lot is also for sale for those wanting to build a larger home than would be possible with an individual parcel.

Hobe Sound Vacant Land Hobe Sound Vacant Land Hobe Sound Vacant Land

Search here for all vacant land in Hobe Sound FL

For questions or more information about Stuart FL real estate please visit my website or call (772) 888 2885

February 2017 Events for Martin County

February 2017 Events for Martin County

Stuart Sailfish

Lots to do with something for just about every taste in Martin County for February 2017.  Here are the highlights:

Lighthouse Sunset Tour

 Wednesdays in Feb

Time varies by sunset-see website

Take in the spectacular sunset views and witness the Jupiter Light turning on to illuminate the night sky.  Visitors get an inside look at the nuts & bolts of a working lighthouse watch room.  Tour time approximately 75 minutes, $15 Members, $20 Non-Members, RSVP required, Tickets online or 561-747-8380 X101.  Tours are weather permitting, call for tour time.  Children must be at least 48” tall to climb the tower.  www.jupiterlighthouse.org.  Jupiter Inlet Lighthouse and Museum, 500 Captain Armour’s Way, Jupiter, FL 33469

THOROUGHLY MODERN MILLIE

Wednesday, February 8 through Sunday February 12, 2017

Location:The Barn Theatre

Description

The Tony Award winning smash hit musical, “Thoroughly Modern Millie.” with an all star cast, opens at The Barn Theatre January 27th through February 12th.  And because of ticket demand, The Barn has already added five additional shows dates.   With an all star cast, including recording artist Vallerey Valentine, who stars as the sultry night club proprietor Muzzy Van Hossmere, innovative sets, upgraded lighting and projectionist effects, and a new sound board, you’ll enjoy this lavish story of young Millie Dillmount from Salina, Kansas, as she romps her way through the 1922 New York City flapper era with a grand plan to find a job as a secretary to a wealthy man,  then marry him.  But, of course, “Millie” is a romantic comedy and the guy she falls in love with doesn’t have a dime, or so he tells her.  Filled with frisky flappers, dashing leading men, a villainous dragon lady you will love to hate, and that sultry nightclub proprietor, this musical has it all.  And wait till you experience all the incredible songs, over the top vocalists, dancers, and, of course, tappers.  Hold onto your hats!!!

58th Annual Martin County Fair

Friday February 10 through Saturday February 18

Unlimited Ride bands

Opening Night Ride Special $20
Saturdays & Sunday $25Wednesday NO RIDE BANDS SOLD $1 per Ride
$1 Ride Tickets Sold Only

Monday $15
Thursday $20
2nd Friday $10
 
Single Ride Tickets $1
Children under 36 inches ride FREE!

Location Details
Martin County Fairgrounds

2616 S.E. Dixie Highway
Stuart FL 34997 US

More info:  http://www.martincountyfair.com/

Artsfest

Saturday and Sunday, February 11 and 12, 2017 | 10:00am – 5:00pm

Location: Memorial Park

Description
$5 general admision
kids 12 & under, free

30th Anniversary Ticket $30:
Includes general admission, special seating at ArtsFest Chopped, a limited edition poster, and one entry to the 30th Anniversary Arts Raffle (only 30 raffle tickets to be released, prizes to be announced)VIP Ticket $50 (one-day) or $75 (two-day):
Includes general admission, access to the VIP only area, special artist meet & greet opportunities, lunch and more!

Location Details
Memorial Park
300 S.E. Ocean Blvd.
Stuart FL 34994 US

ROCKIN RIVERWALK

Every Sunday in February fro 1:00 p.m. to 4:00 p.m.

Description
Melodime – Alternative Rock Free Concert

Contact: Information
Phone: 772-286-2848

Location Details
Downtown Stuart

Flagler Ave.
Stuart FL 34994 US

27th Annual Downtown Stuart Art Fest

Saturday and Sunday February 25and 26, 2017 | 10:00am – 5:00pm

Phone: 772-286-2848

Location Details
Downtown Stuart
Osceola St.
Stuart Florida

Foxwood Stuart FL February 2017 Market Update

Foxwood Stuart FL February 2017 Market Update

 As of Feb 2017, there are no homes on the market in the Foxwood equestrian community in Stuart, FL.

There are 2 homes under contract which have not completed the sales process. The list prices ranged from $$300,000 to $430,000 for an average of $365,000 or $124.45 per sq. ft. of living area.  These two homes were on the market for an average of 204 days prior to going under contract.

In the past 12 months there were 2 sales in this sought after Stuart community.  Sales prices ranged from $360,000 to $370,000 for an average of $365,000 which equals $129.82 per sq. ft. of living area.  These sales averaged a sales price of 95% of the last list price and took an average of 114 days on the market before going under contract.

Foxwood in Stuart Florida

Foxwood is located just west of I-95 on Pratt and Whitney road in Western Stuart Florida.  It consists of 109 home sites that are all 2 acres or larger.  Horses are permitted with a zoning of one horse per acre.   Foxwood was designed with Florida’s natural environment in mind.  Every Foxwood home is custom built with the residents encouraged to keep some natural habitat in place.  Recently, a rare Florida Panther was seen going through Foxwood.

Foxwood Stuart FL

Association fees are a very reasonable $450 per year.  These fees cover maintenance of the private roads, sanitation and management fees.  More information about the Foxwood Property Association can be found at this community’s property association web site: Foxwood Property Association of Stuart Florida

Foxwood Stuart FL

Construction of homes in Foxwood began in 1978.  Four phase of development ended with the last phase commencing in 1990.  Most lots have been developed with just a handful of vacant lots left of which currently none are available for sale (as of this writing).

Foxwood is located less than a mile from the ‘A’ Rated South Fork High School with easy access to Palm Beach County and only 15 minutes to downtown Stuart and the pristine beaches of Martin County.

A perfect place to call home for those who desire some room to roam yet be close to shopping, restaurants and other urban areas.

Currently Available Homes in Foxwood

Search the Martin County MLS

For more information about this and other Martin County communities contact:
Gabe Sanders

Stuart Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Foxwood in Martin County Florida

Harbour Pointe Palm City February 2017 Market Update

Harbour Pointe Palm City February 2017 Market Update

There are currently 3 homes for sale in Harbour Pointe.  Listing prices range from $379,000 up to $409,000 for an average list price of $389,300 which equals $182.41 per square foot of living area.

There are two Harbour Pointe homes under contract.  They were last listed for $369,000 and $425,000 for an average list price of $397,000 which is $164.78.  These two homes averaged 73 days on market before going under contract.

7 homes have sold in the past 12 months. Sales prices were from $325,000 to $390,000 .  The average sales price was $357,929 or $163.69 per square foot of living area.  These homes sold for an average of 97% list price and averaged 59 days on the market before going under contract.

Harbour Pointe Palm City FL

Harbour Pointe is a gated community of 120 homes in Palm City Florida.  This small and private community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County!  Residents enjoy preserve and lake  views in spacious custom designed homes.

Harbour Pointe Palm City FL

This wonderful residential community is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A’ rated schools of Martin County.  Also close to shopping, restaurants as well as the beaches of Martin County as well as easy access to I-95 and Florida’s Turnpike makes it a commuters dream!

Harbour Pointe Palm City FL

Harbour Pointe Palm City FL

Currently Available Homes and Town Homes in Harbour Pointe

Search the Martin County MLS

For more information about this and other Martin County communities contact:
Gabe Sanders

Palm City Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Harbour Pointe Palm City February 2017 Market Update

 

St Lucie County Townhouses and Condos December 2016 Market Detail

St Lucie County Townhouses and Condos December 2016 Market Detail

The St Lucie County Townhouses and Condos Market Detail for December 2016 continued with weaker sales activity as compared to last December.  Closed sales were down by 21.0% from last year (was down 12.8% in November) while new pending sales decreased by 32.6% (was down by 7.8% in November).

Values however bucked the trend and increased for December with the median price up by 9.9% (was up by 0.8% in November) while the average sales price increased by 9.2% (was down by 11% in November).  I’ve been expecting prices to moderate for some time as the inventory continues to increase and sales volume does not keep up.

The inventory of available townhouses and condos decreased by 6 units from last month to 547 units, which is 8.1% greater than December 2015. The current supply of units is 5.7 months, which is 16.3% higher than the 4.9 months of inventory last year.  The St Lucie County townhouses and condos continues to be in a sellers market though it is getting very close to being balanced. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos December 2016 Market Detail

Click here to view or download the full report:
St Lucie County Townhouses and Condos December 2016 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.

St Lucie County Townhouses and Condos December 2016 Market Detail

Canoe Creek January 2017 Market Report

Canoe Creek January 2017 Market Report

For January 2017 there are 2 homes for sale in Canoe Creek in Palm City.  These two homes are listed for $448,000 and $599,000 for an average list price of $523,500 or $131.74 per sq. ft. of living area.

There are no homes currently under contract in Canoe Creek in Palm City.

In the past 12 months, 5 homes have sold in Canoe Creek.  Sales prices ranged from $217,500 up to $450,000 for an average sales price of $335,326 which equals $129.68 per sq. ft. of living area.  These homes went under contract in an average of 37 days and sold for 98% of the last listed price.

About Canoe Creek Real Estate in Palm City:

Search for Canoe Creek Homes for Sale

Canoe Creek in Palm City is a wonderful family community filled with just a little over 100 captivating homes that have plenty of room for your family to grow. Each home has a spacious yard with beautiful manicured Florida foliage that creates a tranquil backdrop. Lot sizes in Canoe Creek begin at 1/2 acre with a few lots of up to just over an acre.  Home sizes range from over 4,000 sq. ft. of living area with 5 bedrooms, 5 bathrooms and 3 car garages down to more modest 3 bedroom, 2 bathroom homes of under 2,000 sq. ft. of living area.  Homes in Canoe Creek had numerous builders and were completed between the years of 1980 and 1995.

The neighborhood is approximately 25 minutes from gorgeous stretches of beaches in Stuart. Canoe Creek is close to great ‘A’ rated schools, recreation, and the exciting and beautiful Downtown Stuart while still close to I-95 and Florida’s Turnpike for those needing to commute or wishing to travel either north or south.

Low HOA fees of $150 per quarter make this an easily affordable community in a subdivision that offers privacy with room to spare between homes with individual mostly custom designed and built homes at an affordable price.

Search for Canoe Creek Homes for Sale

Canoe Creek January 2017 Market Report

St Lucie County Single Family Homes December 2016 Market Detail

St Lucie County Single Family Homes December 2016 Market Detail

St Lucie County Single Family Homes Market Detail for December 2016 showed improved sales activity with improved results year to year as well as month to month.  Closed sales were up by 8.9% (in November they were up by 0%) and new sales under contract (new pending sales) increased by 4.8% (they were up by 3.3% last month).

Prices also continued their upward march.  The median and average sales prices up by 13.9% and 12.0% respectively from last December (For November these numbers were up 22.5% and 18.5%).  While these are very good results for sellers, they make me a little nervous as rates of increase this high may result in lower affordability of homes and subsequently less sales in the future.

Active listings decreased by 63 homes to 1,732 homes.  This inventory is 6.6% higher than last year.  The current supply of homes is at 3.9 months (3.6 months for December of 2015)  This is 8.3% greater than last year.  The St Lucie County single family home market remains in a very strong sellers market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes December 2016 Market Detail

Click here to view or download the full report:
St Lucie County Single Family Homes December 2016 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.

St Lucie County Single Family Homes December 2016 Market Detail

Gabe’s February 2017 HouseCalls Newsletter

Gabe’s February 2017 HouseCalls Newsletter

Click on the image below to view or download my February 2017 HouseCalls Newsletter:

Gabe's February 2017 Housecalls Newsletter

Click here to download the full PDF of our February 2017 HouseCalls Newsletter

You can see all the past issues here:

HouseCalls Archive

Search here for Stuart Florida Real estate

Gabe’s February 2017 HouseCalls Newsletter

Martin County Townhouses and Condos December 2016 Market Detail

Martin County Townhouses and Condos December 2016 Market Detail

Martin County Townhouses and Condos Market Detail for December 2016 had a sizeable drop in closed sales while future (pending sales) increased.  Closed sales for the month were down by 26.2% (was up by 8.5% in November) while new sales under contract (new pending sales) were up by 11.8% from December 2015 (decreased by 15.8% in November).

Prices were mostly flat or down for December as the median sales price decreased by 4.4% (was up by 1.8% in November) while the average sales price increased by 0.9% (was down by 18.1% in November) as compared to December of 2015.  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 increased by only 1 unit to 427 properties as compared to last month.  This is 14.2% greater than the December 2015 inventory.  Currently, there’s a 4.6 month supply of inventory (a 24.3% increase from last year which was 3.7 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 December 2016 Market Detail

Click here to view or download the full report:
Martin County Townhouses and Condos December 2016 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 December 2016 Market Detail

Murano Homes January 2017 Housing Market Report

Murano Homes January 2017 Housing Market Report

Palm City Florida Real Estate

Murano in Palm City Florida
There are currently 5 homes on the MLS in Murano with prices ranging from $299,900 to $379,900. This equals an average list price of  $337,900 or $133.67 per sq. ft. of living area.
There is 1 home under contract at this time in the Murano subdivision of Palm City, FL. This home was listed for $329,999 or $131.68 per sq. ft. of living area.  An offer was accepted for this home only 6 days after being listed.
In the past year, 12 homes have sold in Murano with sales prices ranging from $259,000 to $315,000 for an average sales price of $288,563 which equals $128.21 per sq. ft. of living area.  The average days on market before going under contract was 63 and the list to sales price ratio was 95%..
Murano Homes in Palm City FLConveniently located off of martin Downs Blvd and Sunset Trail, Murano is a new home community with 110 homes. Originally developed by Home Dynamics with homes built in 2007 and later this community was taken over by D. R. Horton with building resuming in 2011 to the present. Murano homes range from two story 5 Bedroom 4 bathroom homes of 0ver 3,200 sq. ft. to single story 2 Bedroom, 2 bath homes of just over 1,700 sq. ft.

This is a very family friendly neighborhood close to schools, shopping and Florida’s Turnpike for commuters. There is a community pool and low HOA fees of approximately $65 per month (as of this writing).

There may be a few new D. R. Horton homes available for sale, but this community is just about sold out so call us for details.

  • For the D.R. Horton homes, highlights include:
  • Choice of 5 NEW Floor plans
  • GE Appliance Package
  • Various home sites available including lakefront
  • Community Swimming Pool and Cabana
  • Top Rated Palm City Schools
  • Easy commute via I-95 or Florida Turnpike
  • Close proximity to area recreation including beaches, parks, boating, fishing and all types of water sports
  • Shopping, entertainment and restaurants are all nearby.

We are very excited to be able to offer some special promotional packages not available directly from the builder.

 Murano Homes in palm City Florida

  Search here for:

Murano Homes for Sale

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

Murano Homes January 2017 Housing Market Report

 

Martin County Single Family Homes December 2016 Market Detail

Martin County Single Family Homes December 2016 Market Detail

The Martin County Single Family Homes Market Detail for December 2016 showed mixed results for sales volume with an increase in closed sales but a decrease in pending sales.  Closed sales were up by 14.7% (was up by 0.6% in November). New pending sales decreased by 21.6% as compared to December of 2015 (Decreased by 4.1% in November).

And, there also was mixed signals for prices with the median sales price increasing by 11.6% from last year (down by 0.7% in November) while the average price decreased by 9.3% (was up by 17.2% last month).

The inventory of available single family homes decreased from last month by 39 homes to 998 units for December,  this is 7.4% greater than last December.  Current supply of homes is 5.0 months, for December of last year it was a 4.5 months supply. (This is a 11.1% 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 December 2016 Market Detail

Click here to view or download the full report:
Martin County Single Family Homes December 2016 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 December 2016 Market Detail