Cheryl Brush - 2014 Mid-Year Market Report - Hutchinson Island

2014 Hutchinson Island Mid-Year Real Estate

MARKET REPORT

Oceanfront Condominiums North Hutchinson Island Many to choose from! $769,777 - $210,000

Cheryl Brush, Realtor, CSS 772.359.7706 Cheryl.Brush1@ColdwellBanker.com www.CBParadise.com/CherylBrush

S. HUTCHINSON

221 S. Ocean Dr. • 772.461.1324

OCEAN VILLAGE

100 Mainsail • 772.489-6100

2014 St. Lucie County Island Mid-Year Real Estate Report As specialists in our area, we are pleased to present mid-year key market indicators impacting local real estate values this year. We use this information to forecast market trends that are likely to occur throughout the year. Buyers, sellers and homeowners can make informed decisions based on current and comprehensive information specific to our area.

Historically, both the housing market and economy have been cyclical. After years of declining real estate values, stabilization is finally at hand. The indicators reflect mixed results for mid-year 2014 compared to the same time period a year earlier. Sales activity in most categories increased, and inventory levels remained close to stable, or decreased. However changes in the average sales prices varied in different market segments. The overall data suggests that a positive change in our local real estate market is well underway.

We invite your inquiries and welcome the opportunity to be of service to you. Please contact us directly at our Ft. Pierce office 772-461-3250, our South Hutchinson Office 772-464-1324, our Ocean Village Office 772-489-6100, our Port St. Lucie office 772-878-3200 or our North Hutchinson office 772-464-7007.

If you would like to continue getting our quarterly updates, just let us know. Email us at Schlitt@ColdwellBanker.com. We will make sure that a copy is delivered to you quarterly.

All the best, Linda Schlitt Gonzalez and Steven Schlitt, Owners

HUTCHINSON ISLAND SINGLE FAMILY HOMES MID-YEAR 2014 COMPARISON TO MID-YEAR 2013 Price Point Under $250,000

$250,001 to $500,000

$500,001 to $1,000,000

Over $1,000,000

Total

Year

Homes Sold

Current Listings

Month’s Supply

Average Price

2014

16

6

2.2

$176,138

2013

7

14

4.2

$186,731

Change

+129%

-57%

-48%

-6%

2014

15

19

7.6

$371,087

2013

13

37

17.1

$338,769

Change

+15%

-49%

-55%

+10%

2014

5

17

20.4

$596,300

2013

6

18

18

$638,958

Change

-17%

-6%

+13%

-7%

2014

1

8

47.9

$1,050,000

2013

0

9%

-

-

Change

-

-11%

-

-

2014

37

50

8.1

$335,568

2013

35

78

13.4

$320,727

Change

+6%

-36%

-39%

+5%

HUTCHINSON ISLAND CONDOS MID-YEAR 2014 COMPARISON TO MID-YEAR 2013 Price Point Under $250,000

$250,000 to $500,000

$500,001 to $1,000,000

Over $1,000,000

Total

Year

Condos Sold

Current Listings

Month’s Supply

Average Price

2014

139

112

4.8

$160,060

2013

137

187

8.2

$161,622

Change

+1%

-40%

-41%

-1%

2014

24

116

29

$340,700

2013

50

90

10.8

$338,853

Change

-52%

+29%

+169%

+1%

2014

12

30

15

$648,650

2013

12

29

14.5

$599,604

Change

0%

+3%

+3%

+8%

2014

0

0

-

-

2013

0

0

-

-

Change

0%

0%

-

-

2014

175

258

8.8

$218,337

2013

199

306

9.2

$232,564

Change

-12%

-16%

-5%

-6%

EXCLUSIVELY PRESENTING:

$595,000

$500,000

$399,000

3000 N. A1A

2077 Indian Summer Lane

3120 N. A1A #1203

$499,000

$350,000 - $210,000

$299,000

1901 Surfside Drive

Harbour Isles Drive

1605 Bahia Drive

ATRIUM II • N. HUTCHINSON ISLAND

OCEANIQUE • N. HUTCHINSON ISLAND

SURFSIDE ESTATES • S. HUTCHINSON ISLAND 10 UNITS AVAILABLE • S. HUTCHINSON ISL.

TIARA TOWERS • N. HUTCHINSON ISLAND

THUMB POINT • S. HUTCHINSON ISLAND

WE INVITE YOU TO VIEW OUR ENTIRE COLLECTION AT: FLColdwellBanker.com

PRSRT SSTD ECRWSS U.S. POSTAGE PAID EDDMRETAIL

A SELECTION OF RECENT SOLDS: UND ER C ONTR AC T I N 2 DAYS !

Asking Price $1,150,777

JACK ISLAND • N. HUTCHINSON ISLAND

SOLD for $1,050,000 Asking Price $252,000

921 Jack Island Access Road

Asking Price $449,000

Harbour Isle Drive PH 1, 28W

SOLD for $420,000 Asking Price $359,000

ATRIUM • N. HUTCHINSON ISLAND

3000 N. Highway A1A Unit 3-B

UNDER CONTRACT for $235,000

HARBOUR ISLE • S. HUTCHINSON ISLAND

SOLD for $350,000

SEASCAPE 1 • OCEAN VILLAGE

2400 S. Ocean Drive #4202

Asking Price $339,000

1020 Windward Drive Unit 1020

I signed a contract with Cheryl to sell my property in Ocean Village, South Hutchinson Island, Florida. Cheryl was professional, prompt and courteous. She was persistant in finding a buyer for me. When one deal fell thru, she promptly found another prospect who purchased my condo. She was personable and cordial. She kept me informed about the interest prospective buyers had in our property. Our deal closed quickly even though at that time the market was at the lowest.

I wish she was in Alabama to sell my home for me now!

Cheryl Brush, Realtor, CSS 772.359.7706 Cheryl.Brush1@ColdwellBanker.com www.CBParadise.com/CherylBrush

SOLD for $321,500

OCEAN HOUSES • OCEAN VILLAGE

- Martha Rogers

S. HUTCHINSON 772.461.1324

OCEAN VILLAGE 772.489-6100