January 2016 Pinecrest Lakes Housing Market Report

There are 12 actively listed homes for sale in the Pinecrest Lakes community as of January 2016. Listing prices range from $298,000 to $599,900 for an average list price of $475,024 which equates to an average of $173.01 per sq. ft. of living area.

There are 5 homes under contract and awaiting closing. The list prices of these homes range from $309,900 to $639,111 or an average list price of $461,851 which is $161.40 per sq. ft. of living area. These homes averaged 84 days on the market before an accepted offer.

In the past 12 months, 36 homes have sold in Pinecrest Lakes with sales prices ranging from $197,000 to $449,000 or an average sales price of $361,747 which is $149.77 per sq. ft. of living area. These sales averaged 140 days on market and sold at 96% of list price.

The Pinecrest Lakes community of Jensen Beach FL was first developed in the late 70’s and early 80’s during a time when the Martin County Commissioners were notoriously stringent and restrictive about new developments in the area. Consequently this community has a distinctive feel and flavor. All homes are on at least a 1/2 acre lot with many on larger 1 to 2 acre lots. None of the homes are identical and all types of construction and paint schemes are allowed.

Pinecrest Lakes is located south of NE Jensen Beach Boulevard and just east of the new Green River parkway. Residents enjoy wide winding streets with sidewalks, street lights, underground utilities and public water. Community features include tot lots, parks, lakes and tennis courts.

Pinecrest Lakes is located in Martin County’s “A” rated school district. The local public elementary school, Jensen Beach Elementary School, is less than a mile away, within easy walking and biking distance for students. Students also attend Stuart Middle School in Stuart and Jensen Beach High School located approximately 1 mile northwest of the community on NE Jensen Beach Boulevard.

Pinecrest Lakes is also about 1 mile to the east of the Treasure Coast Square Mall, Martin County’s main shopping center. Residents are a short ride away from the beautiful beaches on Hutchinson Island, historic downtown Jensen Beach, Indian Riverside Park as well as numerous boat ramps and marinas that serve the vast boating resources available in Martin County.

Here are the currently available Pinecrest Lakes Homes for Sale in Jensen Beach, Florida

January 2016 Pinecrest Lakes Housing Market Report

First Floor Vista Pines Condo Pending

01.28.16 by Gabe Sanders

First Floor Vista Pines Condo Pending

This immaculate condition, conveniently located ground floor condo in desirable Vista Pines is now pending. With Vista Pines in such high demand, we managed to get this condo under contract hours after the listing first came on the market.

New A/C in 2012. Remodeled kitchen with stainless appliances. Glassed in porch. Community pool and clubhouse. Walk to shopping, restaurants, and medical, and only 5 minutes to downtown Stuart and the beaches.

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 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.

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.

Search for currently available condos in Vista Pines

January 2016 Archipelago Real Estate of Sewalls Point Market Update

01.27.16 by Gabe Sanders

January 2016 Archipelago Real Estate of Sewalls Point Market Update

For January of 2016 there are two active listings on the market in the Archipelago of Sewalls Point. Listing prices are $1,550,000 and $2,175,000 for an average list price of $1,966,666 or $517.56 per sq. ft.

There is one home currently under contract. It was listed for $979,000 or $289.05 per sq. ft. and was on the market for 3 days prior to this offer being accepted.

In the past 12 months, there have been no homes sold in the Archipelago of Sewalls Point. The last sale was over a year and a half ago on 4/30/2014 which was a $735,000 sale price.

Located in the prestigious town of Sewalls Point, Florida the Archipelago is a non gated neighborhood of all waterfront homes with access to the crystal clear waters of the Atlantic Ocean through the Saint Lucie Inlet in Martin County, Florida. All the homes in the Archipelago are on either the wide waters of the Indian River or located on deep water canals. The Saint Lucie Inlet to the Atlantic is less than two miles away by water. Access is maintained by dredging all Archipelago waterways to 6’. Homes range from modest older frame homes, to spectacular estate lots with magnificent views.

View of the Archipelago of Sewalls Point

The link below will take you to all currently available Archipelago homes in Sewalls Point, Florida

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January 2016 Archipelago Real Estate of Sewalls Point Market Update

Updated Islandia Condo Sold

01.27.16 by Gabe Sanders

Updated Islandia Condo Sold

This beautiful condo on the 15th floor of Islandia building 1 has been sold through the efforts of the Gabe Sanders BlueWater realty team. This condo sold for $$340,000.

Stunning direct ocean views from this 15th floor beauty! Kitchen has been remodeled with new cabinets, river rock granite, SS appliances and a wall has been removed to open up the unit. Beautiful furniture style vanity in the master bath. Tile set on the diagonal throughout. Popcorn ceilings have been removed and crown molding added. You will not be disappointed!

The Islandia Condos of Jensen Beach

The Islandia Condos of Jensen Beach on Hutchinson Island consist of two 20 story buildings that were built in 1982. There are 388 total residences in these two buildings which are called Islandia I and II. Very conveniently located to the north of the Jensen Beach Causeway, and is just a short drive away from downtown Jensen Beach, shopping and restaurants.

Condos in Islandia come in large 3 bedroom, 3 bathroom units with 1,929 sq. ft. of living area plus balconies and 3 bedroom, 2 bathroom units with 1,544 sq. ft. as well as 2 bedroom, 2 bath condos with either 1,437 or 1,228 sq. ft. Islandia residents enjoy wonderful amenities that include 2 Oceanside pools, private beach access, BBQ grilling area, Jacuzzi, tennis and bocce courts, and overflow parking with trailer and RV parking spaces. Interior facilities include a large social area with bar and kitchen, billiards, fitness center and steam sauna. There is an office with on-site management and 24 guard gated security.

Islandia I does not allow pets, while those in Islandia II are allowed one pet under 30 lbs. Both buildings allow rentals with restrictions. The condo association fees at the time this is being written are from $1,420 to $1,950 per quarter.

Those looking for a friendly beach community on Hutchinson Island in Jensen Beach should take a look at the Islandia Condo offerings.

Click here for currently available Islandia Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club – Island Crest – Island Dunes – 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

Lake Tuscany January 2016 Market Report

01.26.16 by Gabe Sanders

Lake Tuscany January 2016 Market Report

As of January 2016, there are 2 homes available for sale with listing prices from $419,900 to $429,000 for an average list price of $424,450 which is a price per square foot of living area of $146.67.

There are no homes currently under contract and awaiting settlement in Lake Tuscany.

In the past 12 months, 6 homes have sold in Lake Tuscany ranging in sales price from $335,000 to $460,000 for an average sales price of $381,416 which equals $126.35 per sq. ft. of living area. These homes took an average of 86 days on market to go under contract and sold at 97% of list price.

Lake Tuscany in Stuart FL is a newer subdivision just to the west of I-95 in Martin County, Florida. The homes in Lake Tuscany were mostly completed between 2004 to 2005. This attractive subdivision is set up with a gated entrance and all 98 homes in Lake Tuscany are on Panther Trace which makes a large circle around the lake in the center. Homes range from 3 Bedroom, 3 Bath or 4 BR 2 Baths of around 2100 sq. ft. of living area to spacious 6 Bedroom, 4 Bathroom 2 story homes with lofts and theater rooms with pools by the lakeside along with 3 car garages. All are high quality homes built by local builder Mercedes Homes.

Lake Tuscany boasts lush landscaping and very reasonable Home Owner’s Association fees of $398 per quarter. These fees cover security, the common areas and lake upkeep, basic cable, trash collection and front landscaping. The Lake Tuscany property owners web site is located at this site.

Families in Lake Tuscany enjoy Martin County’s ‘A’ rated schools in the following schools: Crystal Lake Elementary, David L Anderson Middle School and South Fork High School. Shopping is only minutes away and there’s easy access to Martin County’s waterways and just a short drive to the many public beaches.

Search here for currently available Lake Tuscany real estate in Stuart FL

For any questions you may have about January 2016 Lake Tuscany Real Estate Update in Stuart FL, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Lake Tuscany January 2016 Market Report

Clubside Villa in Ballantrae Sold

01.26.16 by Gabe Sanders

Clubside Villa in Ballantrae Sold

1505 SE Prestwick Lane in the Clubside Villas of Ballantrae of the Sandpiper area of Port Saint Lucie has been sold for $170,000 by the Gabe Sanders BlueWater realty team.

This 2nd floor villa in the manned gated community of Ballantrae in the sought after Sandpiper section of Port St. Lucie FL, just steps from Club Med Resort is now under contract. Located at the end of a cul-de-sac, this end unit is very well cared for and shows beautifully. This property has new dishwasher, newer a/c, and has been freshly painted. This home features 2 bedrooms, 2 bathrooms, and a den. The perfect villa for your Florida lifestyle.

Ballantrae is a gated community of over four hundred homes located in Port Saint Lucie, Florida. We’re on the North Fork of the Saint Lucie River with direct access to the South Fork of the river which leads to Lake Okeechobee and the Gulf of Mexico. In addition, the Indian River Intracoastal Waterway and access to the Atlantic Ocean via the St. Lucie inlet are both within an easy sail down the river.

There is a newly updated and private Jack Nicklaus Signature golf course, Santa Lucia River Club. This is a par 72 championship course of masterful design that winds through 402 acres of upland preserves, oak hammocks, and stands of mature pines.

In addition to golf and boating, we offer tennis, swimming, fishing, and a Homeowners Community Clubhouse which is the center of many community activities.

View our slideshow of Ballantrae

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Clubside Villa in Ballantrae Sold

January 2016 Market Report for Osprey Cove in Hobe Sound

01.25.16 by Gabe Sanders

January 2016 Market Report for Osprey Cove in Hobe Sound

There are currently 5 homes for sale in Osprey Cove in Hobe Sound, FL. Listing prices range from $525,000 to $1,050,000 for an average list price of $731,600 or a price per square foot of living area of $232.49.

There are 2 homes under contract which have not closed to date. List prices are $539,000 to $599,999 for an average list price of $569,499 or $231.34 per sq. ft. of living area. These homes were on the market for an average of 88 days before accepting these offers.

In the past 12 months, 10 homes have sold in Osprey Cove with sales prices ranging from $485,000 to $793,000 for an average sale price of $609,300 or $213.63 per sq. ft. of living area. These sales averaged 50 days on the market and sales prices averaged 96% of list price.

Clubhouse

Osprey Cove in Hobe Sound, Florida is a waterfront community off of Gomez Avenue in the vibrant Hobe Sound area of Martin County, Florida. It is also known as the Osprey Cove Yacht Club and boasts 32 deep water boat slips just off the Intracoastal Waterway. There are only 86 homes in this gated community that broke ground in late 2000 with homes being completed from 2000 through 2006. Homes range in size from 3 bedroom, 3 bathroom, 2 car garage homes of 2,230 sq. ft. to 5 bedroom, 4 and 1/2 bathroom, 3 car garage pool homes of over 4,000 sq. ft. of living area. There’s also a community pool and tennis court available to all residents.

For boaters, the docks are approximately 5 miles from the Saint Lucie Inlet of Martin County and just under 10 miles from the Jupiter Inlet in Palm Beach County. All Osprey Cove residents enjoy easy access to shopping, restaurants and the pristine beaches of Jupiter Island in Martin County.

For families, the Martin County School District is one of the highest rated in Florida and children attend the Hobe Sound elementary school, Murray middle school and South Fork high school. There are also a number of excellent private schools located nearby, including the Pine School.

You can find additional information at the Osprey Cove in Hobe Sound Homeowner’s Association web page.

For any questions you may have about Osprey Cove in Hobe Sound, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Hobe Sound Florida Real Estate

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January 2016 Market Report for Osprey Cove in Hobe Sound

Portofino Condos at Jensen Beach January 2016 Market Update

01.24.16 by Gabe Sanders

Portofino Condos at Jensen Beach January 2016 Market Update

As of January 2016 there are two condos available for sale in Portofino. These two are listed for $84,900 and $150,000 for an average list price of $117,450 which equals $124.09 per sq. ft. of living area.

There are no condos pending at this time.

In the past 12 months, 7 Portofino condos have sold, ranging in sales price from $61,500 to $135,000 for an average sales price of $92,364 which equals a price per sq. ft. of $90.63. The average days on market was 13 and the average list to sales price ratio was 95%.

Portofino condos remain in high demand and sales prices continue to rise. Many of the units continue to be controlled by the former developer who has not released them for sale and continues to run a rental program.

Portofino Condos at Jensen Beach are one of the newest condominium subdivisions in Martin County. Originally built as an upscale apartment complex around 2000, this development was turned into condominiums and began sales in 2005. Due to the downturn in the housing market, not all units were sold and some are now being offered for lease. Portofino Condos at Jensen Beach January 2016 Market Update features 1, 2 and 3 bedroom units with separate garage parking as an added purchase when available. Unit sizes are 802 sq. ft. for the 1 Bedroom 1 bath, 1074 sq. ft. for the 2 Bedroom 2 bath, and 1252 sq. ft. for the 3 Bedroom 2 bath.

Portofino Condos at Jensen Beach

The Condo Owners Association fees range from $190 to $315 per month depending on unit size and for garage owners, there’s an additional $20 per month charge. Fees include the extensive grounds and gated entry as well as the amenities, which include a large community pool, heated whirlpool, state of the art fitness center, indoor racquetball court, tennis court, playground and a private clubhouse with a full kitchen.

All ages are welcome in Portofino Condos at Jensen Beach. Children attend Martin County’s highly rated school system, currently at Jensen Beach elementary school, Stuart middle school and Jensen Beach high school. Portofino Condos is close to the Treasure Coast mall as well as numerous shops and restaurants, medical facilities and only a few minutes to the waterways of Martin County and the beaches of Hutchinson Island.

Portofino Condos at Jensen Beach

For information about sales or rentals of Portofino Condos in Jensen Beach, please call the Gabe Sanders real estate 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

Portofino Condos at Jensen Beach January 2016 Market Update

December 2015 Monthly Market Detail Florida Single Family Homes

01.23.16 by Gabe Sanders

December 2015 Monthly Market Detail Florida Single Family Homes

The December 2015 Monthly Market Detail Florida Single Family Homes improved only marginally from last December, but somewhat beter than last month. Closed sales were up by 2.9% (was up by 1.9% in November) and new sales under contract (new pending sales) were down by 1.4% (was down by 2.8% in November).

Both median and average sales prices continue to rise ( December 2014 to December 2015) by 11.6% and 7.7% respectively, compared to November’s 13.6% and 9.6%. Slightly slower rate of increase than for last mont.

The inventory of available homes for sale fell by 6.6% from last year. Some high demand areas of Florida have seen decreasing inventory for a number of months now. For December there was only a 4.3 months supply of inventory, this is a sellers market with the advantage for sellers. (December of 2014 had a 5.2 month supply)

Click here to view or download the full report:

December 2015 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.

December 2015 Monthly Market Detail Florida Single Family Homes

the Florida Club January 2016 Market Activity

01.23.16 by Gabe Sanders

the Florida Club January 2016 Market Activity

Stuart, Florida

As of January, 2016:

There are currently 10 Florida Club homes for sale. List prices range from $244,900 to $529,900 for an average list price of $399,199 which equals $179.95 per sq. ft. of living area.

There are 4 homes under contract awaiting their sale. The list prices are from $249,900 to $529,900 for an average of $390,450 or $178.06 per sq. ft. of living area. These homes averaged 79 days on market before accepting the current offers.

In the past 12 months, 31 homes have sold in the Florida Club with sales prices ranging from $226,000 to $454,000 for an average sales price of $282,433 which equals $156.83 per square foot of living area. The average days on market was 42 days with a 96% list to sales price ratio.

Conveniently located at the gateway to Stuart, Florida and Martin County, the Florida Club is a DiVosta built golf club community located off Kanner Highway and within minutes of I-95. This non-equity golf club community consists of 433 homes. 113 homes in the estates section of the Florida Club featuring larger lots and spacious estate sized homes. Many with both lake or golf course views and a few with both. The remaining Florida Club homes feature either single family or attached one story villas, many also with golf course and/or lake views. Residents of the Florida Club can enjoy daily golf or if the wish can forgo being a member and just enjoy the benefits of living in a wonderful gated community without the expense of golf club membership. Additionally for those wishing to play only occasional (or just seasonal) golf, the Florida Club is open for non-members.

As of this writing, homes can be purchased in the Florida Club from the mid to high $100’s for villas to the upper $400’s for larger estate homes. Perfect for anyone who wants the convenience of easy access to I-95 with Palm Beach, Fort Lauderdale and Miami, just a quick trip to the south and Orlando to the north. Yet still only minutes to the wonderful Atlantic Beaches of both Stuart or Hobe Sound and Jupiter Island.

The Martin County location ensures low property taxes and ‘A’ rated school system. Enjoy the Florida sunshine and all that this friendly neighborhood has to offer.

For more information about golf at the Florida Club January 2016 Market Activity please visit their website: Florida Club Web Site and watch their welcome video below:

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the Florida Club January 2016 Market Activity

Hobe Sound FL 33455 Condo Market Report December 2015

01.22.16 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report December 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for December 2015

For December 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 4 active condo listings. (Unchanged from November)

1 Condos are pending and awaiting close. (Unchanged from November)

1 Condos sold in November (Unchanged from November)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. With only 4 actively listed condos, there’s just not that many options out there for buyers. Amazingly, there were no changes from last month at all.

The current absorption rate is 4 months (Unchanged from last month). This absorption rate 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 December 2014 numbers were: 13 active listings, 6 pending sales and 5 closed sales. Much better activity last year with considerably more inventory to work with.

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Hobe Sound FL 33455 Condo Market Report December 2015

Rocky Point Condo in Boating Community Sold

01.22.16 by Gabe Sanders

Rocky Point Condo in Boating Community Sold

If you were waiting for a better price or a better time to purchase this Rocky Point condo in the Moorings of Manatee, you waited too long. The Gabe Sanders BlueWater realty team has just completed this sale to a buyer who saw the video on the Internet on our site. The sales price was $152,000.

Beautiful 2nd floor, end unit in the boating community of the Moorings of Manatee. Bright and airy with updated kitchen, newer appliances and open floor plan. Unit has a pool view with a peek-a-boo view of the water. There are 2 assigned parking spaces, accordion hurricane shutters with tile on the patio. Unit has been well maintained with the following updates: new roof 2006, new porch screen 2014, new a/c compressor 2011, new kitchen cabinets 2005, refrigerator & washer/dryer 3 years old, stove & dishwasher 5 years old. Fish off the dock. Docks may be available to purchase or lease. Ocean access with 1 fixed bridge (9’ clearance). Florida living at its finest.

Search here for all available Moorings of Manatee Condos in Rocky Point

Hobe Sound FL 33455 Residential Market Report December 2015

01.21.16 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report December 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for December 2015

For December 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 187 active listings. (Up by 21 homes from November)

61 Residential sales are pending and awaiting close (Down by 14 homes from November)

40 Homes Sold in December (Up by 12 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County rebounded from a slower November with an increase in closed sales and inventory as well. Unfortunately, pending sales were off for December.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.7 months (5.9 months in November). Back into a sellers market for December after one month of a balanced 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 December 2014 were: 231 active listings, 67 pending sales and 33 closed sales. Showing better closed activity for this year even with the reduced inventory.

Search here for Hobe Sound Florida Real Estate for Sale

Rental Properties

- Rental Properties for Rent in Hobe Sound, Florida Between $0 – $100,000

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Hobe Sound FL 33455 Residential Market Report December 2015

Great New Price for this Rocky Point Home with Boating Access

01.21.16 by Gabe Sanders

Great New Price for this Rocky Point Home with Boating Access

4575 SE Manatee Terrace in Rocky Point, Stuart, FL can now be yours for only $260,000.

Adorable 2 bedroom, possible 3 bedroom home located in desirable ROCKY POINT. Property has a water view of the Manatee Pocket from the back yard. Located on an oversize lot with plenty of room to expand, put in a pool or full size garage. CBS construction with terrazzo floors throughout and open floor plan. Kitchen has breakfast bar and Corian counter tops. Screened in back porch and covered front porch. Large carport with equipment closet. Located at the end of the street just 1 house in from the water. Comes with a deeded boat ramp with water access just across the street. Boat slip rentals within walking distance. Hang your hammock under the large mango tree and enjoy Florida living.

Rocky Point in Stuart, FL is a wonderful boating oriented community located just off the Saint Lucie Inlet in beautiful Martin County Florida. Originally a fishing village because of its proximity to the Atlantic Ocean; Rocky Point is now a wonderful family community with a variety of different neighborhoods. Most of Rocky Point is still oriented towards fisherman and boaters with many of the neighborhoods having access to docks, marinas and/or boat ramps. Some neighborhoods have deeded dock rights as well as privately owned ramps and launch facilities. There is also a selection of some luxury waterfront homes with private docks located only a short few minutes cruise to the open Ocean via the Saint Lucie Inlet and within a day’s round trip to the Bahamas.

Bordering Rocky Point to the north and west is the Manatee Pocket. Home of the original Stuart Sailfish fleet (Stuart continues to proudly boast that it’s the ‘Sailfish Capitol of the World’). Now home to a number of Marinas, Charter fleets and the famous Chapman School of Seamanship as well as quite a few excellent restaurants serving the freshest seafood arriving from the Ocean straight to the kitchens daily.

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Great New Price for this Rocky Point Home with Boating Access

Jensen Beach FL 34957 Condo Market Report December 2015

01.20.16 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report December 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for December 2015

For December 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 37 active listings. (Increased by 1 condos from November)

12 Condo sales are pending and awaiting settlement. (Decreased by 5 condos from November)

7 Condos Sold (Increased by 5 condos from November)

The Jensen Beach FL 34957 Condo Market Report December 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic. Pending sales were down for December while there was a nice increase in closed sales.

The one month absorption rate for the December 2015, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 5.3 months (from 18 months in November), bringing this segment of the Martin County condo market back into a sellers market again, after one month as a buyers market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The December 2014 numbers were: 44 active listings, 15 pending sales and 5 condos closed. Very similar numbers when compared to last year’s activity.

Jensen Beach Condominium Properties by Price

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Jensen Beach FL 34957 Condo Market Report December 2015

Historic Stuart Home on Large Lot Just Listed

01.20.16 by Gabe Sanders

Historic Stuart Home on Large Lot Just Listed

221 SE Martin Ave. in Stuart FL has just come on the market for the first time ever. List price is $695,000 and is now available to view.

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!

Search for all Stuart real estate in Zip Code 34996

and 34994 or 34997

Jensen Beach FL 34957 Residential Market Report December 2015

01.19.16 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report December 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for December 2015

For December 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 121 active listings. (Down by 1 homes from last month)

68 Residential sales are pending and awaiting close or lender approval. (Down by 2 homes from November)

28 Homes Sold (Increased by 10 homes from November)

The Jensen Beach FL 34957 Residential Market had a very nice jump in closed sales for December while both pending sales and invenotry were basically unchanged.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.3 months (was 6.8 months in November). Slid right back into a sellers market after a one month stint in a balanced market. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The December 2014 numbers were: 140 active listings, 56 pending sales and 33 home sales closed. A little greater closed activity last year, but better pending sales this year and all with a reduced inventory from last year.

Jensen Beach FL 34957 Residential Market Report December 2015

Search here for Jensen Beach Real Estate for Sale

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Jensen Beach FL 34957 Residential Market Report December 2015

Summerfield Golf Club Market Report for January 2016

01.19.16 by Gabe Sanders

Summerfield Golf Club Market Report for July 2015 – Home of the Champions Golf Club

As of January 2016, there are 10 homes on the market in Summerfield ranging in listing price from $290,000 to $427,850 for an average list price of $347,647 which equals $170.29 per square foot of living area. Of these 10 homes, three are in the Summerfield Point section which is an area of 13 new homes being built by D. R. Horton.

There are 5 homes under contract (pending) awaiting their closing. Listing prices are from $218,000 to $439,900 for an average list price of $338,260 which equates to $169.02 per square foot of living area. These homes averaged 63 days on the market prior to receiving an accepted offer.

In the past 12 months, 31 homes have sold. Sales prices ranged from $238,000 to $511,900 for an average sales price of $339,264 which equals $160.49 per square foot of living area. The average days on market for these sales was 43 days and the average list to sales price was at 96%.

Summerfield Golf Club is located on over 275 acres and hosts a little over 500 single family homes adjoining the Champions Golf Course. Selected as one of the top 10 Golf Courses he nation by Golf Magazine in 1995, it is the first public golf course awarded the Audubon Signature Sanctuary Statuary because of its natural beauty. This Tom Fazio designed course is open to the public with very reasonable membership fees. Visit the Champions Course web site for more information at http://www.thechampionsgolfclub.com/

The residential section is known as Summerfield Golf Club and is a secured gated community with homes ranging in size from smaller 2 bedroom coach homes of around 1500 square feet up to 5 bedroom estate homes boasting over 3,000 square feet of living area.

Summerfield boasts an exceptionally large community pool and clubhouse with dining and entertainment facilities, fitness center and a professional 6 court Tennis club. All of these amenities available at very reasonable HOA fees, along with the convenience of on-site manager to handle any issues that may arise.

Very conveniently located near US-1 and Cove Rd, residents can enjoy close proximity to shopping, medical facilities with downtown Stuart only minutes away and only 30 minutes to the palm Beaches. Easy access to I-95 where travel to Orlando or Miami is only 2 hours by car.

The following homes are currently available for sale in Summerfield:

Summerfield Golf Club Homes for Sale

Stuart Florida Real Estate

Summerfield Golf Club Market Report for July 2015

Palm City FL 34990 Condo Market Report December 2015

01.18.16 by Gabe Sanders

Palm City FL 34990 Condo Market Report December 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for December 2015

For December 2015 in the 34990 Zip Code area of Palm City, Florida :

There are currently 52 active condo listings. (Decreased by 1 condos from November)

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

4 Condos Sold in December. (Down by 4 condos from November)

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. For December sales were off while the inventory and pending sales were just about unchanged.

The current absorption rate for condos in the 34990 zip code area plunged to 13 months (was 6.6 months in December). Back into a buyers market for Palm City condos. A balanced market is considered to be an absorption rate of around 6 to 7 months.

The December 2014 numbers were: 61 active listings, 6 pending sales and 6 closed sales. Somewhat better activity last year, but only marginal. If the lower inventory is considered there’s a better percentage of activity this year.

Palm City FL 34990 Condo Market Report December 2015

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Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report December 2015

Affordable Rocky Point Home Reduced

01.18.16 by Gabe Sanders

Affordable Rocky Point Home Reduced

The new price for 4750 SE Bayshore Terrace is now $234,000. This home is getting a lot of attention. Don’t wait too long!

Enjoy the good life in this 2 Bedroom, 2 Bathroom home in Stuart’s Rocky Point area. Lots of room to store all your toys with plenty of room for an RV and boat. No HOA restrictions to worry about either. This home has an updated kitchen with granite counter tops, washer and dryer as well as a one car garage. Open floor plan that has great space for a casual life style and entertaining. There’s a day dock for residents at the end of the street available for a $50 annual fee. Great location close to boat ramps, marinas and restaurants. All of this can be yours at a very affordable price.

About Rocky Point

All this in wonderful family friendly neighborhoods within Martin County’s ‘A’ rated schools system.

One of the highlights of the year for Rocky Point is the Port Salerno Seafood Festival. Held yearly in the winter, this free festival fills the streets of Historic Port Salerno. In addition to serving up the area’s freshest and tastiest seafood, live music, community booths, arts & crafts, activities for the kids, pirates and more keep the entire family entertained the whole day.

Admission is FREE, though attendees are asked to bring canned goods in exchange for zero admission to benefit a food drive for local food banks.

Search here for available homes in Rocky Point

Find the Perfect Home for Sale Today

Prices are low and 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!!!

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courtesy of:
the Gabe Sanders real estate team

Stuart Florida Real Estate

772-763-8506

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Hobe Sound FL 33455 Condo Market Report December 2015

Rocky Point Condo in Boating Community Sold

Hobe Sound FL 33455 Residential Market Report December 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for December 2015

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Hobe Sound FL 33455 Residential Market Report December 2015

Great New Price for this Rocky Point Home with Boating Access

Great New Price for this Rocky Point Home with Boating Access

Jensen Beach FL 34957 Condo Market Report December 2015

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Jensen Beach FL 34957 Condo Market Report December 2015

Historic Stuart Home on Large Lot Just Listed

Jensen Beach FL 34957 Residential Market Report December 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for December 2015

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Jensen Beach FL 34957 Residential Market Report December 2015

Summerfield Golf Club Market Report for July 2015 – Home of the Champions Golf Club

Summerfield Golf Club Market Report for July 2015

Palm City FL 34990 Condo Market Report December 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for December 2015

Search for Palm City Condos by Price:

Palm City FL 34990 Condo Market Report December 2015

Affordable Rocky Point Home Reduced

About Rocky Point

Affordable Rocky Point Home Reduced

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