Buying a New Home for a New Year

So with the dawn of the New Year you may find yourself wanting to make some major changes in your life; and whether this yearning takes the form of a fanciful New Year’s resolution or an organized certified life plan, these planned changes just might involve the purchase of a new home. If so, then have we got a deal for you….

Sure, as Realtors you would expect us to say that; the fact is though, that this may indeed be the most ideal time to purchase a new home; and for a vast variety of reasons.

1. The housing market is thriving. Showing a vast improvement over previous years, the real estate market is a rife with opportunities—and brimming with beautiful homes—for those interested in buying.

2. The start of a new year happens to be an optimum time for home sales. Many of the people who opt to acquire a new home with the start of the new year must sell their old homes first; and although pre-owned, one of these houses might very well qualify as your ultimate dream home. In addition, people looking to build their own new homes often must sell their old homes first, to accrue the capital needed for this major construction project.

3. If you do indeed wish to make a fresh start with the coming of the new year, then the selection of a new home base or residence just may be integral to these changes. A clean, beautiful new setting can give a person a fresh new perspective on life, helping to signal a very positive turning point throughout the course of that existence.

4. A new job or school arrangement often necessitates the purchase of a new home. If you are starting off the new year with the acquisition of a new job or perhaps enrollment in an institution of higher learning, then these exciting new changes also might necessitate a major geographic move. Or to phrase it another way, you might have to relocate in order to live closer to your new place of business or study. And while you might opt to rent an apartment or dorm, as opposed to making a major home purchase, many people use some of the money earned through newly acquired jobs or scholarships to purchase their own homes.

If you see the purchase of a new home in your future, then make the future now; buy a new home for the new year!

Claridge by the Sea December 2016 Market Report

12.27.16 by Gabe Sanders

Claridge by the Sea December 2016 Market Report

There are currently two condos for sale in Claridge by the Sea. These two condos are listed for $1,200,000 and $1,250,000 for an average list rice of $1,225,000 or $399.16 per sq. ft. of living area.

There are no pending sales currently in Claridge by the Sea.

In the past 12 months, 1 condo has sold. The sales price was $1,250,000 or $407.30 per sq. ft. of living area. This condo went under contract 16 days after being listed and sold for 96% of list price.

About Claridge by the Sea Luxury Condos in Jensen Beach:

Claridge by the Sea on Hutchinson Island in Jensen Beach is the premier luxury condo building and also the newest in the area. Completed in 2003, this 11 story building features only two spacious homes per floor. Private elevators whisk you directly into your spacious over 3,000 square foot home with 3 bedrooms, 4.5 bathrooms, plus office. Each unit comes with spectacular balconies with gorgeous ocean views. Each home comes with a private 2 car garage.

There’s an open clubhouse area and fitness center on the first floor as well as a heated pool and spa with private beach access. There are two detached guest apartments that can be reserved for visiting guests by any of the buildings residents.

1 medium pet is allowed in Claridge by the Sea and rentals are also allowed with some restrictions. The condo fees at this time (December 2016) are $1,550 per month.

For those with a desire to live in the ultimate luxurious space on Hutchinson Island in Jensen Beach, FL, Claridge by the Sea may just be the right one.

Click on this link to view any available Claridge by the Sea Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – 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 November 2016

12.26.16 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report November 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for November 2016

For November 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 11 active condo listings. (Up by 5 condos from October)

4 Condos are pending and awaiting close. (Up by 3 pending condos from October)

No Condos sold in November. (Decreased by 1 closed sales from October)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. We have finally seen a small increase in inventory as well as pending sales which should show increased activity in future months.

With no sale for November, the absorption rate cannot be determined. 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 November 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 November 2015 numbers were: 4 active listings, 1 pending sales and 1 closed sales. It’s very difficult to make meaningful comparisons with such low numbers of sales and inventory.

Search for Hobe Sound FL Condos for Sale Here

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report November 2016

Green Turtle Cove December 2016 Market Report

12.26.16 by Gabe Sanders

Green Turtle Cove December 2016 Market Report

There are no condos for sale in Green Turtle Cove for December of 2016.

There are no condos under contract in Green Turtle Cove on Hutchinson Island in Jensen Beach.

In the past 12 months, only one condo has sold in Green Turtle. The sales price was $245,000 or $181.89 per sq. ft. of living area. This condo went under cotract 54 days after being listed and sold for 98% of list price.

About Green Turtle Cove on Hutchinson Island:

The Green Turtle Cove Condominium Complex is located just South of the Jensen Beach Causeway on Hutchinson Island in Martin County Florida. It lies directly across the street from the public beach in Jensen beach with guarded beaches, a snack bar and beach volleyball courts. Also, soon to break ground is a new luxury resort to be built on the grounds of the old Holiday Inn, also across the street.

Green Turtle cove consists of two 40 unit buildings. The South building was completed in 1973 and the North building shortly after in 1974. This complex in on the shores of the Indian River (Intracoastal Waterway) and has docks which are available to residents on a first come first served basis for the nominal fee of $25.00 a month. There’s also a lake on the grounds as well as a swimming pool, vehicle wash area and BBQ stations.

Each building has secured entry through a lobby and has elevator service to the four stories. There is reserved parking as well as an ample supply of guest spots. Each unit is 2 bedroom and 2 bath with 1,204 sq. ft. of living space under air and a generous balcony with views of either the lake, preserve, river and some with peaks of the ocean.

No pets are permitted in Green Turtle Cove, though there are liberal rental rules allowing part time residents to lower their cost of ownership by leasing out their condo for a few months a year. As of this writing, Condo and management fees are $420 per month (as of December 2016).

Currently Green Turtle Cove is one of the more affordable condos for those wishing both river and ocean access. (I’m told there is great fishing right from the private docks.)

July 2016 update: An upscale resort hotel is scheduled to open in late 2016 or early 2017 across the street on the ocean side.

Search here for Green Turtle Cove Condos for Sale

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider:
Angler Cove – Beachwood Villas – Buttonwood – Dune Condominium – Fairwinds Cove – Green Turtle Cove – Hutchinson House – Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Little Ocean Place – Maritimes – Ocean View – Sailfish Point – Sandpebble – Seaside – Suntide

Hobe Sound FL 33455 Residential Market Report November 2016

12.25.16 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report November 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for November 2016

For November 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 203 active listings. (Up by 5 homes from October)

64 Residential sales are pending and awaiting close (Up by 5 homes from October)

33 Homes Sold in November (Up by 2 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues with somewhat slower activity as the inventory grows and the increase in both closed sales and pending sales are not keeping up with this increase in inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 6.5 months (6 months in October). A balanced market for the second month after numerous years of a strong sellers market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for November 2015 were: 166 active listings, 75 pending sales and 28 closed sales. Better closed sales for this year but less pending sales. All this with a sizeable increase in inventory of available homes.

Search here for Hobe Sound Florida Real Estate for Sale

Land Properties

- Land Properties for Sale in Hobe-Sound, Florida Between $0 – $500,000
- Land Properties for Sale in Hobe-Sound, Florida Between $2,500,000 – $3,000,000

Rental Properties

- Rental Properties for Rent in Hobe-Sound, Florida Between $0 – $500,000

Residential Properties

Commercial Properties

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

Hobe Sound FL 33455 Residential Market Report November 2016

Miramar Condos December 2016 Market Report

12.25.16 by Gabe Sanders

Miramar Condos December 2016 Market Report

This report includes all Miramar Buildings on Hutchinson Island in Jensen Beach Miramar, Miramar II and Miramar Royale.

There are 11 Miramar condos on the market on Hutchinson Island. List prices range from $209,500 up to $485,000 for an average list price of $359,381 which works out to $250.13 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 14 Miramar Condos have sold. Sales prices ranged from $210,000 up to $440,000 for an average sales price of $356,020 or $244.66 per sq. ft. of living area. These condos sold for an average of 96% of list price and went under contract 120 days on average from listing date.