Hutchinson Island
RECENTLY SOLD The Ochse Global Luxury Team - 772-633-8200
SOLD $995,000
4160 N Hwy A1a #1007A
SOLD $410,000
3010 Windward Drive
SOLD $340,000
5061 N Hwy A1a #801
SOLD $315,000
1120 Granada Street
SOLD $535,000 1671 Binney Drive
SOLD $380,000
1920 Rio Vista Drive
SOLD $325,000
5047 N Hwy A1a #1402
SOLD $285,000
219 River Walk #10
SOLD $429,000
2400 S Ocean Drive #4174
SOLD $369,000
4100 Hwy A1a #132
SOLD $317,000
5047 N Hwy A1a #1101
Homes are selling Fast! Call Daniel Ochse at 772-633-8200 or Natalie Ochse at 772-370-8675 to find out what your home is worth! www.FLColdwellBanker.com
HUTCHINSON ISLAND SPECIALISTS
DANIEL & NATALIE OCHSE - THE OCHSE GLOBAL LUXURY TEAM One of the area’s most respected Global Luxury Teams, Daniel Ochse and Natalie Ochse represent Coldwell Banker Paradise as a Luxury Residential, Commercial & Agricultural Real Estate Team. Daniel is originally from South Africa where he enjoyed a successful career in the wine and dairy industry before moving to California then to Florida. Daniel brings extensive international experience and is uniquely qualified to represent buyers and sellers in Florida. Natalie, a hometown girl, is an experienced real estate agent specializing in family homes and together they can exceed all of your real estate needs.
2018 Hutchinson Island 1st Quarter Real Estate Price Point
Year
Homes Sold
Under
2018
$250,000
2017
MARKET REPORT Current Listings
Month’s Supply
Average Price
Condos Sold
Current Listings
Month’s Supply
Average Price
4
2
1.5
$172,275
39
68
5.2
$192,947
4
0.0
0.0
$229,250
44
78
5.3
$178,177
Change
0.0%
-
-
-25.0%
-11.4%
-12.8%
-1.6%
+8.0%
$250,001 to
2018
9
19
6.3
$311,222
27
101
11.2
$315,700
$500,000
2017
12
16
4.0
$346,590
25
70
8.4
$310,148
Change
-25.0%
+18.8%
+58.3%
-10.0%
+8.0%
+44.3
+33.6%
+2.0%
$500,001 to
2018
4
24
18.0
$635,000
5
42
25.2
$756,800
$1,000,000
2017
3
23
23.0
$700,833
0
22
-
-
Change
+33.3%
+4.3%
-21.7%
-9.0%
-
+90.9%
-
-
Over
2018
2
8
12.0
$2,972,500
0
0
-
-
$1,000,000
2017
1
9
27.0
$1,690,000
0
3
-
-
Change
+100.0%
-11.1%
-55.6%
+76.0%
-
-100%
-
-
2018
19
53
8.4
$630,268
71
211
8.9
$279,336
2017
20
48
7.2
$443,429
69
173
7.5
$225,993
Change
-5..0%
+10.4%
+16.2%
+42.0%
-5.0%
+10.4%
+16.2%
+42.0%
Total
The Hutchinson Island condominium market is well balanced
and should sustain steady moderate price increases, while buyers enjoy a sufficient supply of inventory from which to choose.
The biggest news in Hutchinson Island housing is the growth of the luxury home market. Homes $500,000 to over $1 million, once unheard of, are now steadily selling and inventory is growing to keep pace with demand. Keep an eye on this portion of the market to continue to expand.
Supply in the under $250,000 market is at 5.3 months and should continue at this level. In the $250,000 to $500,000 market, supply has grown to approximately 11 months and price increases in the 2% range or lower will probably continue.
If you would like to find the right price for your home in today’s changing market, contact The Ochse Global Luxury Team today! Call Daniel Ochse, PA, Broker Associate at 772-633-8200 or Natalie Ochse, Realtor at 772-370-6875.
www.FLColdwellBanker.com • The Ochse Global Luxury Team 772-633-8200