Updated Princess Condo on Hutchinson Island Leased
This oceanfront condo has now been leased through April 2017.
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February 2016 Monthly Market Detail Martin County Townhouses and Condos
03.30.16 by
February 2016 Monthly Market Detail Martin County Townhouses and Condos
February 2016 Monthly Market Detail Martin County Townhouses and Condos continues with slower sales volume as compared to the past two years while continuing to show impressive price gains. Closed sales were down by 2.0% (was down by 20.2% in January) and new sales under contract (new pending sales) were down by 7.5% from February 2014 (decreased by 33.9% in January). These sales results are an improvement from last month.
The median sales price was up by 2.1% (was up by 39.1% in January) while the average sales price increased by 13.3% (was up by 36.8% in January) as compared to February of 2015.
The inventory of available townhouses and condos dropped by 57 units to 411 properties as compared to last month. The first drop after three straight months of increased inventory. This is still 13.8% below the February 2015 inventory. Currently, there’s a 4.1 month supply of inventory (a 10.9% decrease from last year). Still in a strong sellers market for townhouses and condos for Martin County. Signs are strong for another increase spurt in sales activity for this sector.
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February 2016 Monthly Market Detail Martin County Townhouses and Condos
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.
February 2016 Monthly Market Detail Martin County Townhouses and Condos
Port St. Lucie Rental Near Becker Road
03.30.16 by
Port St. Lucie Rental Near Becker Road
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February 2016 Monthly Market Detail Martin County Single Family Homes
03.29.16 by
February 2016 Monthly Market Detail Martin County Single Family Homes
The February 2016 Monthly Market Detail Martin County Single Family Homes showing reduced volume of sales activity for February of 2016. Year to year closed sales were down by 11.8% (was up 6.0% in January). New pending sales decreased by 3.3% as compared to February of 2015 (Decreased by 16% in January).
But prices continue to rise as the median sales price was up by 8.9% from last year (up by 18.2% in January) while the average price increased by 5.1% (was down by 18.2% last month). As long as the inventory remains tight, prices will continue to rise.
The inventory of available single family homes decreased from last month by 113 homes to 1081 units for this month, and this is 5.0% less than last February. Current supply of homes is 5.2 months, for February of last year it was a 5.9 months supply. (This is a 11.9% decrease from last year). Continuing as a sellers market in Martin County. Still a sellers market for Martin County single family home sales.
Click here to view or download the full report:
February 2016 Monthly Market Detail Martin County Single Family Homes
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.
February 2016 Monthly Market Detail Martin County Single Family Homes
Hobe Sound Affordable 4 BR Home Coming Soon
03.29.16 by
Affordable Hobe Sound 4 BR Home Coming Soon
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Affordable Hobe Sound 4 BR Home
Port St. Lucie Annual Rental Charming Old Florida Homestead Oceanfront Condo with Great Views Cedar Pointe Condo – End Unit
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February 2016 Monthly Market Detail Florida Townhouses and Condos
03.28.16 by
February 2016 Monthly Market Detail Florida Townhouses and Condos
The February 2016 Monthly Market Detail Florida Townhouses and Condos is now in a balanced market and not the super heated activity as we have experienced for the past two years. Closed sales were down by 5.4% as compared to last months decrease of 4.8% and new sales under contract (new pending sales) decreased by 10.5% (In January there was a 15.8% decrease).
The median sales price continued to rise, by 5.6% (up by 10.9% in January), while the average sales price decreased by 1.4% (was up 5.3% in January). Interestingly prices continue to rise despite the weaker volume of sales.
The inventory increased by 6.0% from February of last year. For February 2016 we have 6.3 months of inventory (was 5.9 months in January) also compared to 6.1 for February 2015. First time in two years that we are seeing an increase in inventory as well as being out of a sellers market.
Click on the link below or the graphic to see the full market detail report from Florida Realtors: Click here to view or download the full report:
February 2016 Monthly Market Detail Florida Townhouses and Condos
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.
February 2016 Monthly Market Detail Florida Townhouses and Condos
The Evergreen Club March 2016 Market Report
03.28.16 by
The Evergreen Club March 2016 Market Report
There are 8 homes on the market in the Evergreen Club in late March of 2016. List prices range from $399,00 to $600,000 for an average list price of $450,100 or $162.66 per sq. ft. of living space.
There is one home under contract. Listed for $385,000 or $199.48 per sq. ft. of living area. This home went under contract after 7 days on the market.
In the past 12 months, 22 homes have sold in the Evergreen Club. Sales prices ranged from $272,000 to $640,000 or an average sales price of $411,345 which equals $151.82 per sq. ft. of living area. These homes sold for an average of 97% of list price with an average of 49 days on market.
About the Evergreen Club Palm City Florida
Search for Evergreen Club Real Estate
Nestled in a secluded corner of Palm City, The Evergreen Club is an elegant gated community that it’s residents love to call home. The community is close to it all; ‘A’ rated schools, boat ramps, theatres, fantastic local restaurants, shopping, and beautiful beaches!
The Evergreen Club is known for its 18-hole championship golf course that does not require an expensive membership to play. Every home is unique and will be sure to have something special about it that will charm you. Located on a beautiful 520 acre parcel, each of the 299 homes feature at least one acre of land for a spacious non crowded feeling! Enjoy all the beautiful Florida sights that The Evergreen Club has to offer, you may find yourself rarely wanting to leave home! Golf club membership is not mandatory but if you are a member of The Evergreen Club you will enjoy full golf privileges, dining privileges and fun social events. There are no dining minimums, no assessments or large down payments.
February 2016 Monthly Market Detail Florida Single Family Homes
03.27.16 by
February 2016 Monthly Market Detail Florida Single Family Homes
The February 2016 Monthly Market Detail Florida Single Family Homes continues to do well, though not as robust as last year. Closed sales were up by 0.4% (was up by 2.7% in January) and new sales under contract (new pending sales) were down by 3.6% (was down by 11.3% in January). The lower number of new pending sales is somewhat concerning for future closed sales.
Both median and average sales prices continue to rise ( February 2015 to February 2016) by 11.1% and 9.2% respectively, compared to January’s 13.7% and 6.3%. Continuing a trend that has been ongoing for close to three years now.
The inventory of available homes for sale fell by 3.8% from last year. Higher demand areas of Florida have seen decreasing inventory for over two years. For February there was only a 4.5 months supply of inventory, Florida remains in a sellers market with the advantage for sellers. (February of 2015 had a 5.2 month supply)
Click here to view or download the full report:
February 2016 Monthly Market Detail Florida Single Family Homes
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.
February 2016 Monthly Market Detail Florida Single Family Homes
February 2016 Monthly Market Detail Florida Single Family Homes
03.27.16 by
February 2016 Monthly Market Detail Florida Single Family Homes
The February 2016 Monthly Market Detail Florida Single Family Homes continues to do well, though not as robust as last year. Closed sales were up by 0.4% (was up by 2.7% in January) and new sales under contract (new pending sales) were down by 3.6% (was down by 11.3% in January). The lower number of new pending sales is somewhat concerning for future closed sales.
Both median and average sales prices continue to rise ( February 2015 to February 2016) by 11.1% and 9.2% respectively, compared to January’s 13.7% and 6.3%. Continuing a trend that has been ongoing for close to three years now.
The inventory of available homes for sale fell by 3.8% from last year. Higher demand areas of Florida have seen decreasing inventory for over two years. For February there was only a 4.5 months supply of inventory, Florida remains in a sellers market with the advantage for sellers. (February of 2015 had a 5.2 month supply)
Click here to view or download the full report:
February 2016 Monthly Market Detail Florida Single Family Homes
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.
February 2016 Monthly Market Detail Florida Single Family Homes
Renar River Place Condos March 2016 Market Report
03.27.16 by
Renar River Place Condos March 2016 Market Report
For March 2016 there are 4 condos for sale in Renar River Place. List prices range from $199,900 to $499,900 for an average of $334,700 which works out to $185.21 per sq. ft. of living area.
There are two condos under contract which have not closed to date. List prices are $319,900 and $326,900 for an average of $323,400 or $209.73 pr sq. ft. of living area. These two condos averaged 78 days on market before accepting their contracts.
In the past 12 months, only one condo has sold in Renar River Place. This condo sold for $315,000 which equates to $204.55 per sq. ft. of living space. This was 94% of the final listing price and the sellers accepted this offer ater 289 days on market.
About Renar River Place in Downtown Jensen Beach
One of the few newer condo communities in Martin County. Renar River Place boasts spacious condos overlooking the Intracoastal Water Way (Indian River) right at the base of the Jensen Beach round about and causeway to Hutchinson Island. There are also some townhouse style condos associated with this complex along with a limited amount of commercial space, making this the perfect work and live destination.
Renar River Place is in a great location within an easy walk to all of the quaint shops and restaurants of Jensen Beach. HOA fees vary by the size of the condo and location, so please call us for the latest cost. This community is open to all ages and pets are also welcomed. For those wishing to use this location as an investment, liberal rental rules will allow some excellent returns.
Lake Grove March 2016 Market Report
03.26.16 by
Lake Grove March 2016 Market Report
There are currently 3 homes for sale in Lake Grove of Palm City, FL. List prices range from $488,800 to 749,000. The average list price equals $587,566 which is $190.59 per sq. ft. of living area.
1 home is under contract and awaiting sale. The list price was $510,000 which equals $186.27 per sq. ft. of living area. This home was on the market for 189 days prior to accepting this offer.
In the past 12 months, 7 homes have sold in the Lake Grove. Sale prices ranged from $367,000 to $640,000 with an average sale price of $506,642 or $160.28 per sq. ft. of living area. These homes averaged 76 days on market prior to accepting these sales offers and sold for an average of 96% of the last listed price.
Located south on Mapp Road in Palm City is the community of Lake grove which is comprised of 64 homes built around a square shaped lake. Lake Grove lies in a lovely private location will all home sites on at least ½ acre of land.
Homes range in sizes from over 4,500 sq. ft. of living space with 5 bedrooms, 4 baths and a three car garage down to just over 2,000 sq. ft. homes with 3 bedrooms and two bathrooms and 2 car garages. As of March 2016, the Lake Grove HOA fees are a very reasonable $275 per quarter.
The common areas include two tennis courts, landscaped common areas and a fishing dock on the lake. There’s also a dedicated trailer/RV/boat parking lot for residents.
Lake Grove children attend ‘A’ rated Martin County Schools and are currently zoned for the Palm City Elementary School, Hidden Oaks Middle School and Martin County High School. (To search for homes within Martin County school districts visit my school search pages here.)
Click here to see the currently available Lake Grove Homes for Sale
If you like the Lake grove community, you may also have an interest in its sister community: Orchid Bay.
Click here for the current Orchid Bay Homes for Sale
Lake Grove March 2016 Market Report
Royal Oak Towers Condo in Downtown Stuart Under Contract
03.26.16 by
Royal Oak Towers Condo in Downtown Stuart Under Contract
Fantastic downtown Stuart location in the Royal Oak Towers of Stuart FL, Suite A-2 has now gone under contract during the sneak peek version of this listing. The list price was $127,000. If you have a condo that is in Martin County that you need to sell quickly and for the best price, give us a call for a no obligation consultation.
Downtown Stuart Condo, 2 bedroom, 2 bath completely renovated with tile floors, corian counter tops, stainless steel appliances, hurricane impact windows, 1 covered parking, top floor unit with elevator. Lots of natural light with open floor plan. Conveniently located, walk to downtown restaurants, the Lyric and shops. Just minutes from the beach. All ages are welcome and 1 large pet is permitted.
Search for Royal Oak Towers Condos for Sale
More information about Stuart Florida Real Estate can be found on the Gabe Sanders BlueWater Realty team’s web site.
Royal Oak Towers Condo in Downtown Stuart Under Contract
Westwood Country Estates Palm City March 2016 Market Report
03.25.16 by
Westwood Country Estates Palm City March 2016 Market Report
As of March 2016, there is only 1 home on the market in Westwood Country Estates in Palm City, FL. The list price is $498,000 which equals $163.28 per sq. ft. of living area.
There are no homes currently under contract (pending sales)
There have been 5 homes sold in the past 12 months in Westwood Country estates. Sales prices ranged from $330,000 to $440,000 for an average of $165.51 per sq. ft. of living area. These sales averaged for 94% of the list price and went under contract in an average of 75 days on market.
Westwood Country Estates in Palm City, FL is a wide open, gorgeous community that features statuesque homes that are beautifully placed on oversized lots of ½ acre or more, that will give you and your family plenty of room to grow! Wonderfully landscaped throughout, Westwood Country Estates will make you feel proud to come home to. Every home is unique and there is sure to be one you will fall in love with!
Palm City is a great place to raise a family with its “A” rated schools and proximity to I-95 and Florida’s Turnpike which opens you to all the opportunities of both Martin County and it’s neighbors, just a short drive North or South! Martin County has lots of recreational areas and opportunities to enjoy many opportunities outdoors with your family!
Westwood Country Estates Homes for Sale
View Our Featured Listings!
Palm City Florida Real Estate presented by:
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Westwood Country Estates Palm City March 2016 Market Report
Downtown Stuart Condo – Royal Oak Towers – Leased
03.25.16 by
Downtown Stuart Condo – Royal Oak Towers – Leased
No longer available as this Royal Oak Towers condo in Stuart FL has been leased by the Gabe Sanders BlueWater Realty Team in under a week.
Ground floor unit near downtown. Walk to restaurants, the Lyric and shops. 2 bedroom, 2 bath over looking the fountain. Laminate wood floors in living room, tile in bedrooms. Kitchen has Corian counter, breakfast bar and pantry. Hurricane windows recently installed. Lots of natural light. Screened in patio. Back door opens to small grass area and walk way to pool. Unit has 1 covered parking spot. Only minutes to the beach.
Search for Royal Oak Towers Condos for Sale
More information about Stuart Florida Real Estate can be found on the Gabe Sanders BlueWater Realty team’s web site.
Condo in Downtown Stuart Just Listed
Cobblestone Country Club March 2016 Market Report
03.24.16 by
Cobblestone Country Club March 2016 Market Report
For March 2016 there are 8 homes for sale in the Cobblestone Country Club of Palm City, FL. List prices range from $449,000 to 699,900. The average list price equals $551,600 which is $177.49 per sq. ft. of living area.
3 homes are under contract and awaiting sale. List prices are from $359,900 to 400,000 for an average of $386,466 which equals $170.06 per sq. ft. of living area. These homes were on the market for an average of 0nly 20 days before going under contract.
In the past 12 months, 7 homes have sold in the Cobblestone Country Club. Sale prices ranged from $310,000 to $510,000 for an average sale price of $410,571 which equals $138.80 per sq. ft. of living area. These homes sold for an average of 94% of list price and went under contract in an average 0f 190 days after being listed.
Located just west of the center of Palm City, Cobblestone Country Club is a peaceful neighborhood of 512 acres with only 238 residences providing generous amounts of space around each home. This upscale community is adjacent to exit 110 on I-95 with easy access to all that Palm Beach County to the South and Orlando to the North, has to offer while enjoying the laid back low growth lifestyle, lower taxes and superior school systems that Martin County offers. Residents enjoy coming home to picturesque views of lakes, preserves and the 18-hole private Fox Golf Course in the Cobblestone Country Club. Homes in Cobblestone consist of new custom built homes and a selection of quality newer resales.
Cobblestone Country Club Homes for Sale
Cobblestone Country Club March 2016 Market Report
Historic Stuart Pool Home on Large Lot Reduced
03.24.16 by
Historic Stuart Pool Home on Large Lot Reduced
New price for this well located home in one of the most desirable areas of Stuart is now $595,000. Call us for an appointment to see 221 SE Martin Ave. in Stuart FL .
Unique Old Florida charm. Enter the home with wood floors and Miami Dade County Pine wood ceilings, with wood burning fireplace, exposed beams and vaulted ceilings. Open floor plan with views of the pool from living and family room. Hurricane impact sliders opens up the family room to enjoy the Florida outdoors. The 80 inch smart TV on an adjustable arm allows you to entertain and watch the TV on the patio conveys with the house.
There are numerous structures that come with this property. The main house has two bedrooms two baths with a third bedroom and half bath with separate entrance. As well as a totally detached apartment with full kitchen and double walk-in closet and bathroom.
Also, there’s a hurricane safe room located on the property that can double as a bomb shelter. Lush tropical landscaping with some fruit trees. four car detached carport and two storage sheds. Florida living at its best!
Moon River Jensen Beach March 2016 Market Report
03.23.16 by
Moon River Jensen Beach March 2016 Market Report
For March 2016, there are no homes currently available for sale from the MLS (Multiple Listing Service) of Martin County Florida
There are also no Moon River homes currently pending (under contract).
There have been 4 homes sold in the past 12 months in Moon River. Sales prices ranged from $285,000 to $420,000 for an average sales price of $331,250 which equals $205.91 per sq. ft. of living area and these sales averaged 94% of list price. The average days on market was 158 days prior to an accepted contract.
Moon River is a community of 51 attached and 3 detached homes that were built from 1998 to 2003. This is a gated waterfront community with ocean access docks as well as a community pool and clubhouse. Two tennis courts are also available and shared with the neighboring community of Fairwinds Cove.
Home sizes range from 3 Bedroom, 3 bathroom two story homes with over 2.700 sq. ft. of living area down to 2 Bedroom, 2 bathroom, 1 story homes of just under 1,400 sq. ft. of living space. Most of these homes have 2 car garages with a few actually offering covered parking for up to 4 cars.
This is a pet friendly community allowing for up to two pets that are no larger than 50 lbs. HOA fees at the time of this post were $343 per month (payable quarterly).
Moon River lies on the east side of the Jensen Beach Causeway in Martin County Florida. It’s only a short walk or bike ride to the public beach on the Atlantic Ocean. It’s also close to shopping, restaurants and the remaining wonderful amenities that Martin County has to offer.
Moon River is an excellent choice for both full time residents and for those wishing to have their winter oasis away from the cold north.
The current Martin County Schools for Sugar Hill are Jensen Beach Elementary School, Stuart Middle School and Jensen Beach High School
Here are the currently available homes in Moon River in Jensen Beach
For any questions you may have about March 2016 Market Report for Moon River in Jensen Beach, please call the Gabe Sanders BlueWater Realty team at 772-323-6996 or Contact Us Here
Jensen Beach Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties
Moon River Jensen Beach March 2016 Market Report
Hobe Sound FL 33455 Condo Market Report February 2016
03.22.16 by
Hobe Sound FL 33455 Condo Market Report February 2016
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for February 2016
For February 2016 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 9 active condo listings. (Increased by 3 condos from January)
5 Condos are pending and awaiting close. (Up by 3 condos from January)
No Condos sold in February (Same as January)
The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. February brought the second month of no condo sales, something that hasn’t happened since I’ve been tracking this market. With a small increase in inventory and pending sales, I expect to see at least one or two closed sales for March.
No possible absorption rate number for this month with zero sales, for December of 2015 it was 4 months. 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 may 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 February 2015 numbers were: 19 active listings, 5 pending sales and 3 closed sales. Our pending sales are the same as last year, otherwise there was better activity in 2015.
Search Hobe Sound Condominium Properties by Price
- Condominium Properties for Sale in Hobe Sound, Florida Between $0 – $100,000
- Condominium Properties for Sale in Hobe Sound, Florida Between $100,000 – $200,000
- Condominium Properties for Sale in Hobe Sound, Florida Between $400,000 – $500,000
- Condominium Properties for Sale in Hobe Sound, Florida Between $500,000 – $600,000
- Condominium Properties for Sale in Hobe Sound, Florida Between $700,000 – $800,000
Hobe Sound Florida Real Estate presented by:
Gabe Sanders
Hobe Sound FL 33455 Condo Market Report February 2016
Hobe Sound FL 33455 Residential Market Report February 2016
03.21.16 by
Hobe Sound FL 33455 Residential Market Report February 2016
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for February 2016
For February 2016 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 206 active listings. (Down by 6 homes from January)
116 Residential sales are pending and awaiting close (Up by 40 homes from January)
27 Homes Sold in February (Down by 8 homes from last month)
The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County had a very strong pending sales gain as compared to last month (and previous months), while after two months of increasing inventory. this month saw a decline. Closed sales were off for the month, but with the pending numbers so good, I expect to see increases for the next few months.
The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 7.6 months (6.1 months in January). Into a buyers’ market for February after last months balanced market. Though with the strong rise in pending sales I expect to go back into a sellers market in the next month or two. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.
The numbers for February 2014 were: 250 active listings, 98 pending sales and 35 closed sales. Much stronger pending sales this year and weaker closed sales along with a much smaller inventory of available homes.
Search here for Hobe Sound Florida Real Estate for Sale
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Hobe Sound FL 33455 Residential Market Report February 2016
Sewalls Point Home with Dock Under Contract
03.21.16 by
Sewalls Point Home with Dock Under Contract
This is an amazing opportunity to own a home in South Sewall’s Point and have your boat docked just minutes from the inlet. Dock has water and power and can accommodate up to a 30 ft. boat. This 1/3 acre corner lot has good elevation and does not require flood insurance. Mature oaks surround the pool enclosure and frame with a lushly landscaped and fenced backyard. The home has three bedrooms, two bathrooms and a two car garage. In an awesome location with great bones, but a little updating can make this a spectacular home. Those with some vision and resources will enjoy this Sewall’s Point gem for a long time.
The Town of Sewall’s Point, a unique peninsula located between the St. Lucie and Indian Rivers, has a Commission form of government consisting of five elected Commissioners and a staff that includes a part-time Town Manager, a Town Clerk/Treasurer, a Police Chief and Police Department and a Building Official who heads the Building and Public Works Departments. All Town government operations are located in the Town Hall which also houses a sixty seat Meeting Hall.
The Town is a residential community with a small commercial area. It is bounded on the east by the Indian River, on the south and west by the St. Lucie River and on the north by unincorporated areas of Martin County. The peninsula is 3.5 miles long and an average third of a mile in width. Of the 780 acres comprising the Town, 766 acres or 98.20% are designated for single family use. The southernmost point of the peninsula lies approximately two miles west of the Atlantic Ocean via the St. Lucie Inlet. Hutchinson Island is to the east across the Indian River and the City of Stuart is to the west across the St. Lucie River.
Search here for all Sewalls Point homes for sale