Four Rivers August 2016 Market Report

Four Rivers August 2016 Market Report

There are currently 8 homes for sale in Four Rivers in Palm City FL ranging in price from $749,900 to $1,800,000 for an average list price of $980,238 or $282.62 per sq. ft. of living area.

There is one pending sale in Four Rivers.  This home was listed for $850,000 at $190.16 per sq. ft. of living area and was on the market for 62 days before going under contract.

4 homes have sold in the past 12 months in Four Rivers, with the sales prices ranging from $425,000 to $1,625,000 for an average sales price of $930,625 which is $304.92 per sq. ft. of living area.  These homes averaged 91 days on the market before accepting an offer and the sales were on average at 92% of the list price.

Four Rivers is a unique enclave of spacious homes on the banks of the South Fork of the Saint Lucie River.  Ideal for the serious boaters, all of Four Rivers’ home sites are on deep water canals suitable for larger vessels and with no fixed bridges (under 60’) to the Saint Lucie inlet to gain access to the crystal clear waters of the Atlantic Ocean.

Consisting of 98 home sites, with a minimum ½ acre of land (though most have ¾ acre or more), Four Rivers is a perfect family friendly neighborhood. Very conveniently located close to ‘A’ rated schools, shopping, restaurants and only a few minutes from either downtown Stuart or Florida’s Turnpike for those wishing to commute to our more crowded neighboring counties.

Low HOA fees insure the canals will be maintained to a depth of 6’ at mean low tide to make sure no boats have difficulties navigating to open water.  Four Rivers is a wonderful place to call home.

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Palm City Florida Real Estate is presented by:
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Four Rivers August 2016 Market Report

Jensen Beach FL 34957 Condo Market Report July 2016

Jensen Beach FL 34957 Condo Market Report July 2016

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2016

For July 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 112 active listings. (Increased by 90 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2016

46 Condo sales are pending and awaiting settlement. (Up by 32 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2016

27 Condos Sold (Up by 24 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2016

 For the Jensen Beach FL 34957 Condo Market Report July 2016 a change in our MLS sampling database includes a greater number of condos located in this zip code that are on Hutchinson Island in Saint Lucie county as well as mainland Jensen Beach.

The one month absorption rate for the July 2016, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 4.1 months (from 7.3 months in June), bringing Jensen beach condos back into a sellers’ market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The July 2015 numbers were: 25 active listings, 13 pending sales and 3 condos closed.  We had a change in reporting datsa and we 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.

Jensen Beach FL 34957 Condo Market Report July 2016

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report July 2016

Jensen Beach FL 34957 Residential Market Report July 2016

Jensen Beach FL 34957 Residential Market Report July 2016

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for July 2016

 For July 2016 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 164 active listings. (Up by 65 homes from last month)

Jensen Beach FL 34957 Residential Market Report July 2016

66 Residential sales are pending and awaiting close or lender approval. (Decreased by 4 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2016

56 Homes Sold (Up by 19 home sales from June)

Jensen Beach FL 34957 Residential Market Report July 2016

The Jensen Beach FL 34957 Residential Market continues to perform as an extreme sellers market.  Though it may slow some as pending sales were off for July along with a big jump in inventory.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 2.9 months ( was 2.7 months in March).  A very extreme sellers market for Jensen Beach.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The July 2015 numbers were: 108 active listings, 85 pending sales and 35 home sales closed.   Much better sales activity this year but better pending activity last year.
Jensen Beach FL 34957 Residential Market Report July 2016

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All Residential properties for sale in the 34957 Zip Code area of Jensen Beach FL

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report July 2016

Palm City FL 34990 Condo Market Report July 2016

Palm City FL 34990 Condo Market Report July 2016

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for July 2016

For July 2016 in the 34990 Zip Code area of Palm City, Florida :



There are currently 60 active condo listings. (Decreased by 5 condos from June)

   Palm City FL 34990 Condo Market Report July 2016

7 Condo sales are pending and awaiting close or lender approval. (Up by 3 condos from last month)

Palm City FL 34990 Condo Market Report July 2016

3 Condos Sold in July. (Down by 4 condos from June)

Palm City FL 34990 Condo Market Report July 2016

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Condo sales were off considerably for July.  Not totally unexpected as typically the summer months are the slow time for Palm City condo sales.

The current absorption rate for condos in the 34990 zip code area continued to rise to 20 months (was 16.3 months in July).   Now one of the few areas where it’s a strong buyers market in Martin County.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The July 2015 numbers were: 60 active listings, 7 pending sales and 6 closed sales.   Slightly better sales numbers last year, otherwise everything else is identical for this year.
Palm City FL 34990 Condo Market Report July 2016

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Palm City FL 34990 Condo Market Report July 2016

Palm Cove Golf and Yacht Club August 2016 Market Update

Palm Cove Golf and Yacht Club August 2016 Market Update

There are currently 9 homes actively listed in Palm Cove Yacht and Golf Cub for August 2016 in Palm City, Florida.  List prices range from a low of $299,000 up to the highest which is a waterfront home for $2,105,000.  The average list price is $968,409 which works out to $226.03 per square foot of living area.

There are no homes or condos under contract in the Palm Cove community of palm City as of August 2016.

In the past 12 months, 14 homes have sold in Palm Cove Yacht and Golf Cub with sales prices from $205,000 up to $1,800,000 for an average sales price of $593,304 or $176.07 per square foot of living area.  These homes were on the market for an average of 150 days prior to going under contract and sales prices averaged at 95% of the list price

Palm Cove Golf and Yacht Club in Palm City

The Palm Cove Golf and Yacht Club in Palm City Florida includes 206 residences, ranging from spacious condos with garages to townhomes, fairway homes to multi-million dollar waterfront homes on the shores of the north fork of the wide Saint Lucie River.

This magnificent community boasts a championship Chi Chi Rodrigues designed golf course. Memberships are available to both residents and non-residents and membership is not mandatory.  In addition to golf, boaters enjoy a 93 slip deep water marina with docks available for over 50’ vessels.

Palm Cove Golf and Yacht Club in Palm City

There’s a magnificent club house located riverside by the marina.  Residents enjoy 24 hour security from the manned gated entrance.  The Palm Cove Golf and yacht Club is separated into two main sections.  Fairway homes are on the south side of Mapp Road with the entrance across the main entrance to palm Cove and is controlled by remote from the main security gate.

In the main section, are the estate homes, town-homes at Island creek as well as the condos at ‘the Links’.   Homes range from 1500 sq. ft. town-homes with 2 bedrooms, 2 bathrooms and 2 car garages all the way up to 6,000 sq. ft. plus waterfront residences with 5 bedrooms, office, 6 and ½ bathrooms and 3 car garages.  Home owner (HOA) fees vary from section to section.  The estate homes run approximately $450 per month, while in the fairways section they are around $550 per month, but include landscaping.  For a complete list of fees, please give us a call.

guardgate

Palm Cove families enjoy a quiet secluded lifestyle yet are close to shopping, restaurants and the beaches of Martin County.  Children attend an ‘A’ rated Martin County school system to the following schools:  Bessey Creek elementary, Hidden Oaks middle and Martin County High.

Palm Cove Golf and Yacht Club in Palm City

Currently, these homes are available for sale in the Palm Cove Golf and Yacht Club

 For any questions, you may have about the palm Cove Yacht and Golf Club in Palm City Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate

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

Palm Cove Golf and Yacht Club August 2016 Market Update

Palm City FL 34990 Residential Market Report July 2016

Palm City FL 34990 Residential Market Report July 2016

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for July 2016

For July 2016 in the 34990 Zip Code area of Palm City Florida :

 

There are currently 383 active listings (Increased by 21 homes from June)

Palm City FL 34990 Residential Market Report July 2016

 120 Residential sales are pending and awaiting close or lender approval. (Down by 48 homes from last month)

Palm City FL 34990 Residential Market Report July 2016

83 Homes Sold in June (Up by 7 homes from June)

Palm City FL 34990 Residential Market Report July 2016

The Palm City FL, zip code 34990 residential real estate market activity continues to be very strong.  Troubling for July is the sharp drop of pending sales which may indicate reduced sales volume for the near future.
The monthly absorption rate decreased slightly to to 4.6 months from 4.8 months in June.  Still in a strong sellers market for the Palm City zip code 34990 area for residential sales.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The July 2015 numbers were:  363 active listings, 162 pending sales and 71 closed sales.  We have just surpassed last year’s inventory numbers and have slightly better closed sale numbers, unfortunately not so strong with the pending sales.

Palm City FL 34990 Residential Market Report July 2016

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Palm City Florida Real Estate presented by:
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Palm City FL 34990 Residential Market Report July 2016

Vista Pines Condo EE-11 Under Contract

Vista Pines Condo EE-11 Under Contract

Listed for $47,925 Unit E-11 in Vista Pines is under contract with a buyer introduced to this property by the Gabe Sanders Stuart Florida Realty Team.

Vista Pines Condos in Stuart FL

An immaculate condo in the highly sought after condo community of Vista Pines. This is a 2’nd floor 1 bedroom, 1 bathroom condo has been recently updated and is within easy walking distance to shops, restaurants and medical facilities.

Vista Pines Condos in Stuart FL Vista Pines Condos in Stuart FL

Vista Pines Condos in Stuart FL Vista Pines Condos in Stuart FL

The Vista Pines condominium complex consists of over 517 condos very conveniently located on SE Ocean Blvd. just in between the downtown Stuart area and the beaches of Hutchinson Island.  Also, close to restaurants, grocery stores and medical facilities that are within walking distance for many.

Vista Pines Condos in Stuart FL Vista Pines Condos in Stuart FL

Vista Pines condos were first built in 1970 and the last one was completed in 1973.   All the buildings are two story and contain both 2 Bedroom, 2 Bath and 1 Bedroom 1 Bath units.  Sizes range from 1,089 sq. ft. of living space down to 679 sq. ft. 1 bedroom units.  Buildings are situated to maximize privacy and for serene views of green space.

Vista Pines Condos in Stuart FL Vista Pines Condos in Stuart FL

There’s an active clubhouse with a large swimming pool as well as shuffleboard courts.  No pets are permitted in Vista Pines and this is an age restricted (55+) community.  The HOA fees as of August 2014 were from the low $200’s for a 1 Bedroom unit to just over $300 per month for 2 Bedroom condos.

Vista Pines Condos in Stuart FL Vista Pines Condos in Stuart FL Vista Pines Condos in Stuart FL

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Stuart FL 34997 Condo Market Report July 2016

Stuart FL 34997 Condo Market Report July 2016

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2016

For July 2016 in the 34997 Zip Code area of Stuart, Florida :

There are currently 73 active condo listings (Down by 1 condos from June).

Stuart FL 34997 Condo Market Report July 2016

25 Condo sales are pending and awaiting close or lender approval (Down by 2 condos from June).

Stuart FL 34997 Condo Market Report July 2016

10 Condos Sold in July (Decreased by 14 condos from June).

Stuart FL 34997 Condo Market Report July 2016

     The Stuart FL condo market for zip code 34997 moderated as we enter into the summer season.  This should only be a temporary seasonal fluctuation.
     The absorption rate jumped to 7.3 months in July from 3.1 months for June.  Back into a buyers’ market for the 34997 zip code area of Stuart condos. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The July 2015 numbers were: 38 active listings, 12 pending sales and 10 closed sales.  Considerably greater inventory this year yet only similar sales figures.

Stuart FL 34997 Condo Market Report July 2016

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2016

Stuart FL 34997 Residential Market Report July 2016

Stuart FL 34997 Residential Market Report July 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for July 2016

There are currently 299 active listings (No change from June).

Stuart FL 34997 Residential Market Report July 2016

159 Residential sales are pending and awaiting close or lender approval (Down by 24 homes from June).

Stuart FL 34997 Residential Market Report July 2016

86 Homes Sold in July (Decreased by 39 homes from June)

Stuart FL 34997 Residential Market Report July 2016

      The Stuart Florida Residential Market for ZIP Code 34997 is the largest segment of the Stuart FL residential real estate market.  This segment of the Stuart residential real estate market remains quite active though it eased just a bit from the past few month’s super-heated activity.  Which is to be expected in the summer months.
     The absorption rate increased to 3.5 months (was 2.4 months for June).  Still a strong sellers’ market for the 34997 zip code area of Stuart FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2015 numbers for July, were: 232 active listings, 190 pending listings and 83 closed sales.  When considering the greater available inventory for this year, the volume of closed and pending sales were greater last year.
Stuart FL 34997 Residential Market Report July 2016

Search here for 34997 Zip Code of Stuart FL real estate for sale

Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report July 2016

29th Annual Stuart Florida Dancin’ In The Streets!

29th Annual Stuart Florida Dancin’ In The Streets!

Dancin' in the Streets 2016

The 29th Annual Stuart Florida Dancin’ In The Streets! gets under way on Saturday, August 20th in historic downtown Stuart beginning at 3 p.m.    Presented by  Stuart Main Street whose mission is to promote the historic downtown area of Stuart, Florida.

There will be plenty of excitement with music of all genres, along with all the food, beer, wine and spirits one could want.  Admission is $20.00 (with advance tickets at $15.00)

The Outlaws at The Lyric Theatre

10kHrs
Bryce Allyn Band
Cassidy Diana
Deal James & Summer Gill
The Humdingers
JessLee with her Rock’n Country Band
Chris King
Ladies of Soul
Morning Fatty
Moska Project
Nouveaux Honkies
Ben Prestage
Public Sounds Collective
Relapse Band
Nashville recording artist Raquel Renner and the Ramblers
Ryan & Friends
The Sierra Band
Sister Baby
Smoking Section
Tony Solomon and Fullhouse Entertainment present local amateurs and up-and-comers
String Assassins

And here’s the map for parking:

parkingmap-2016

Dancin’ in the streets is sponsored by the Stu­art Main Street organization which is a 501-3 not-for-profit orga­ni­za­tion ded­i­cated to improv­ing the appear­ance and eco­nomic sta­bil­ity of His­toric Down­town Stuart.Their mis­sion is to cre­ate and mar­ket a pos­i­tive image of His­toric Down­town Stu­art through spe­cial events, retail sales, effec­tive adver­tis­ing and pub­lic rela­tions. They often part­ner with pub­lic, pri­vate sec­tor and com­mu­nity lead­ers to develop and coor­di­nate resources to down­town Stuart’s success.

Stuart Main Street is part of the Florida Main Street pro­gram, which is admin­is­tered by the National Main Street Cen­ter of the National Trust for His­toric Preser­va­tion. Florida Main Street’s mis­sion is to pro­vide the tools to Florida Main Street cities to revi­tal­ize their his­toric down­town cen­ters. They use the “Main Street 4-Point Approach,” as a blue­print to work with com­mu­nity lead­ers to bring about many small but pos­i­tive improve­ments. This approach includes pro­mo­tion, design, eco­nomic restruc­tur­ing and organization

Stuart FL 34996 Condo Market Report July 2016

Stuart FL 34996 Condo Market Report July 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for July 2016

For July 2016 in the 34996 Zip Code area of Stuart, Florida :

There are currently 120 active condo listings (Up by 46 condos last month).

Stuart FL 34996 Condo Market Report July 2016

33 Condo sales are pending and awaiting close or lender approval (Increased by 6 condos from June).

Stuart FL 34996 Condo Market Report July 2016

16 Condos Sold in July (Decreased by 5 condos from June) 

Stuart FL 34996 Condo Market Report July 2016

The Stuart FL 34996 Condo Market of Stuart regained the lost inventory from last month while showing a little weakness in closed sales.  This is not uncommon for the summer months for Florida condo sales.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 7.5 months from June’s 3.5 months.  Into a slight sellers’ market for July.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for July 2015 were: 92 active listings, 42 pending sales and 16 closed sales.  An equal number of closed sales from last year though we have less pending sales on a larger inventory of condos for this year..

Stuart FL 34996 Condo Market Report July 2016

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Stuart FL 34996 Condo Market Report July 2016

Danforth in Palm City August 2016 Market Report

Danforth in Palm City August 2016 Market Report

As of August, 2016:

There are currently 2 active listings for sale in Danforth.  The list prices for these Danforth homes are $479,000 and $489,000 for an average list price of $484,000 or $177.10 per sq. ft. of living area.

3 homes are currently under contract.  The list prices of these pending sales range from $349,900 to  $449,900 with the average being $403,233 which equates to an average price per sq. ft. of living area of $153.90.  These 3 homes averaged 62 day on the market before going under contract.

In the past 12 months 18 homes have sold in Danforth.  The sales prices ranged from $340,000 to $431,000.  The average sales price was $382,989 or $158.59 per sq. ft. of living area.  These sold listings averaged 49 days on the market before going under contract and sold at 98% of the list price.

Danforth in Palm City Florida is wonderful family subdivision with 335 homes of all sizes and shapes with a wonderful family friendly neighborhood feel.  Well located in palm City off SW Martin Highway and within walking distance of both the Palm City Elementary and Hidden Oaks Middle Schools.  Both of these schools are top rated in the Martin County school system as well as in the State of Florida.

Many homes are lakefront with beautiful views and a wonderful private feeling, yet this community is within a mile of the new Publix and also close to restaurants and medical facilities.  Easy access to downtown Stuart as well via the new Veteran’s Memorial Bridge from Palm City to Stuart.  Also just a couple of minutes to Florida’s Turnpike for those wishing to either commute or to make a short trip to West Palm Beach or other points just North or South.

Danforth features low HOA fees of $328.00 per quarter (as of July 2016).  Construction in Danforth was first completed in 1990 with most homes dated from then to the late 1990’s and at least one home completed in 2001.  This planned unit development (PUD) was developed by Danforth Development Inc. and various builders took part in the construction of the homes.  Here is the Danforth Home Owners Association web site.  Danforth just added an remote code controlled entry gate system in 2014.

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Palm City Florida Real Estate

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

Danforth in Palm City August 2016 Market Report

Stuart FL 34996 Residential Market Report July 2016

Stuart FL 34996 Residential Market Report July 2016

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for July 2016

For July 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 151 active listings (Down by 7 homes from June).

Stuart FL 34996 Residential Market Report July 2016

27 Residential sales are pending and awaiting close or lender approval (Down by 16 homes from June).

Stuart FL 34996 Residential Market Report July 2016

24 Homes Sold in July (Decreased by 2 homes from June).

Stuart FL 34996 Residential Market Report July 2016

The 34996 zip code area of the Stuart Florida residential real estate market continues to be a strong market.  Just a bit weaker than last month, but still slid and an improvement from last year.

The one month absorption rate for the 34996 zip code area of Stuart Florida for July increased to 6.3 months as compared to June’s 6.1 months.  Still basically a balanced 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 July of 2015 were: 135 active listings, 34 pending sales and 11 closed sales.  We have a greater inventory this year along with increased market activity.

Stuart FL 34996 Residential Market Report July 2016

 Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

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Stuart FL 34996 Residential Market Report July 2016

The Yacht and Country Club of Stuart August 2016 Market Report

The Yacht and Country Club of Stuart August 2016 Market Report

August 2016 Market Update:

There are 13 homes currently for sale in the Yacht and Country Club of Stuart.  Listing prices are from $230,000 to $1,500,000 for an average list price of $623,523 which works out to $220.12 per sq. ft. of living area.

There are currently 4 homes under contract ranging in list price from $309,900 to $380,000.  The average list price of these pending sales is $347,225 or $168.10 per sq. ft. of living area.  These homes averaged 113 days on market before going under contract.

35 homes have sold in the past 12 months.  Ranging in sales price from $159,900 to $1,100,000.  The average sales price was $392,120 which comes out to $159.91 per sq. ft. of living area.  These homes sold on average in 66 days with sales prices at 95% 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 August 2016 Market Report

Stuart FL 34994 Condo Market Report July 2016

Stuart FL 34994 Condo Market Report July 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for July 2016

For July 2016 in the 34994 Zip Code area of Stuart, Florida :

There are currently 74 active condo listings (Down by 2 condos from June).

Stuart FL 34994 Condo Market Report July 2016

29 Condo sales are pending and awaiting close or lender approval. (Decreased by 1 condos from last month) 

Stuart FL 34994 Condo Market Report July 2016

10 Condos Sold in July (Down by 17 condos from June).

Stuart FL 34994 Condo Market Report July 2016

The Stuart FL 34994 Condo market entered the summer doldrums for the month for July of 2016.  Closed sales were down significantly while pending sales remained strong on reduced inventory levels.

The absorption rate for July jumped to 7.4 months compared to last month’s 2.8.  Popping back into a buyers’ condo segment of Stuart’s 34994 zip code area.  This is not totally unexpected as condo sales often slow down during the summer months.  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 July the numbers were 84 active listings, 23 pending sales, and 20 closed sales.   Better closed numbers for 2015, but pending sales are a bit better this year and it’s with less inventory.

Stuart FL 34994 Condo Market Report July 2016

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Stuart Florida Real Estate presented by:
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Stuart Florida Market Report ZIP Code 34994 – Condo, July 2016

TownPark Home in Tradition Under Contract

TownPark Home in Tradition Under Contract

Like new homes in the desirable TownPark community of Tradition in Port Saint Lucie is now under contract.  This home located at 11715 SW Bennington Circle was listed for $262,000.  Gabe Sanders will be representing the buyer of this home.

Town Park home in Tradition

Living is easy in this beautiful Gulfstream model located in desirable TownPark community. With 2 bedrooms, 2 baths plus den open floor plan you will enjoy this perfect home for relaxing and entertaining. The minute you walk in you feel as the designer just left and you are there to enjoy all the beauty. Foyer invites you with its airy feeling and sleek light fixture. Living room/formal dining makes you just want to sit there and admire its crisp contemporary style. Recessed lighting makes it bright and comfortable. Family room is perfect for entertaining as you can prepare meals in your stylish and modern kitchen while conversing with family or friends. All GE stainless steel appliances, thick granite counter tops, wooden cabinets and oversized pantry complete this functional space.

Town Park home in Tradition Town Park home in Tradition

Beautiful 18×18 porcelain floor tile makes the living area calm and cool. Breakfast corner is spacious enough to provide your guests with lots of comfort. Large sliders overlook beautifully landscaped yard with robelina and tiger tail palms that will provide lots of privacy. The covered paved patio creates your own little oasis to enjoy the warm Florida evenings.

Town Park home in Tradition Town Park home in Tradition

The master bedroom is simply a retreat with its coffered ceiling, neutral colors and beautiful window treatments. New Avila laminate flooring just adds to this stunning look. Keep going past the two large walk-in closets and take a peek at the master bath with its huge glass shower, dual sinks and beautiful tile. Den has large double doors, gorgeous laminate flooring, beautifully toned colors and it can serve as an office or a third bedroom if desired. It is next to the 2nd bath and the guest bedroom which rest assured your guests will appreciate with its beautiful laminate floor, earth colors, stunning window treatments and ample closet space. The laundry room comes complete with GE Profile front load washer and dryer along with plenty of shelf and closet space. The two car garage has abundant storage and attic space.

Town Park home in Tradition Town Park home in TraditionTown Park home in TraditionTown Park home in Tradition

This home is perfect for full time living or a vacation spot. Ideally positioned within walking distance to great amenities (clubhouse, exercise room, pool, tennis courts, basketball court etc.) of TownPark and close proximity to the shopping center, restaurants, schools and entertainment.

Town Park home in Tradition Town Park home in Tradition

For more information about Tradition and/or TownPark real estate, please call Gabe Sanders at 772-323-6996.

TownPark Home in Tradition Under Contract

 

Stuart Florida Market Report ZIP Code 34994 Residential July 2016

Stuart Florida Market Report ZIP Code 34994 Residential July 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for July 2016

For July, 2016 in the 34994 Zip Code area of Stuart, Florida :

There are currently 70 active listings (Unchanged from June)

Stuart Florida Market Report ZIP Code 34994 Residential July 2016

33 Residential sales are pending and awaiting close or lender approval (Increased by 1 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential July 2016

18 Homes Sold in June (Up by 1 homes from June)

Stuart Florida Market Report ZIP Code 34994 Residential July 2016

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continued the summer with strong activity for July with positive future activity (pending sales) and also an increase in closed sales.  Though, the reduced inventory is a potential problem.

The one month absorption rate for the 34994 zip code for July decreased to 3.9 months from 4.1 months for June.  Still in a sellers’ market 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 July 2014 numbers were 62 Active Listings, 32 pending sales and 16 closed sales.   Slightly better sales numbers for this year when compared to July of 2015.

Stuart Florida Market Report ZIP Code 34994 Residential July 2016

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Stuart Florida Market Report ZIP Code 34994 Residential July 2016

Hobe Sound Four Bedroom Home Under Contract

Hobe Sound Four Bedroom Home Under Contract

A wonderful opportunity for the family or individuals looking for an affordable four bedroom home in Hobe Sound.  This home is now under contract and was last listed at the very attractive price of $235,000.

Hobe Sound FL real estate

Older but solid CBS home in a well established Hobe Sound neighborhood. 3 bedroom, 2 bath home plus garage which has been converted into 4th bedroom.  The 4th bedroom could possibly be a mother-in-law suite with separate entrance. Enter home into a large foyer area that opens to a spacious living room with a wood burning fireplace. Plenty of room in the kitchen for several cooks which is open to a formal dining area. Large fenced back yard with shed. Great family home with lots of room. Updated windows, hurricane shutters and a full home automatic backup generator come with this home. Very well located close to shopping, beaches as well as Jupiter and Stuart FL.

Hobe Sound home for sale Hobe Sound home for sale

Hobe Sound home for sale Hobe Sound home for sale

Hobe Sound home for sale Hobe Sound home for sale

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Hobe Sound Four Bedroom Home Under Contract

Sewalls Point Single Family Market Report July 2016

Sewalls Point Single Family Market Report July 2016

Sewalls Point Real Estate Snapshot, Residential Sales for July 2016

There are currently 69 active listings (Down by 7 homes since last month)

Sewalls Point Single Family Market Report July 2016

11 home sales are pending and awaiting close or lender approval (Increased by 6 homes from June)

Sewalls Point Single Family Market Report July 2016

2 Homes sold in July (Decreased by 17 home sales from June)

Sewalls Point Single Family Market Report July 2016

The single family real estate market in Sewalls Point for July showed a big decrease in closed sales for July.  Pending sales look good, however, and I expect these sales figures to improve in the coming months.  The inventory of available homes is up from last year but down from last month.

The current absorption rate exploded to 34.5 months, in June it was 7.6 months. An unfortunate slowdown for Sewall’s point, but possibly an opportunity for buyers.  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 July of 2014, the inventory was 58 homes on the market, 12 pending sales and there were 5 closed sales. Better numbers last year, even though we have a greater inventory now.

Sewalls Point Single Family Market Report July 2016

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Sewalls Point Single Family Market Report July 2016

 

Great New Price for this Palm City Pool Home

Great New Price for this Palm City Pool Home

Canoe Creek real estate in Palm City FL

This spacious Palm City pool home on over an acre of privacy has been reduced to $465,000.  One of the best values for the square footage in Palm City.  Located in Canoe Creek off of Murphy Rd.

Canoe Creek real estate in Palm City FL Palm City FL real estate

Spacious 4BR, 3.5 Bath pool home.  Perfect home for those looking to live in large rooms on an over an acre lot with minimum HOA rules and low fees. This home features a huge family/great room with exposed wooden beams with a fireplace and a wet bar. There’s a large den/office that leads into a spacious master bedroom.  The master bath has dual vanities on granite counters with separate tub and shower as well as a private entrance to the spacious back yard.  The kitchen has been recently upgraded to granite counters and mostly stainless appliances as well as new tile. There are 3 additional bedrooms one of which has an ensuite bath.  Large screened lanai and an over sized pool.

Canoe Creek real estate in Palm City FL

Canoe Creek real estate in Palm City FL Canoe Creek real estate in Palm City FL

Canoe Creek in Palm City is a wonderful family community filled with 107 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. 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.

Canoe Creek real estate in Palm City FL Canoe Creek real estate in Palm City FL

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 Great New Price for this Palm City Pool Home