Martin County EDDM - Feb 2018

Martin County

RECENTLY SOLD

SOLD $1,300,001 3491 SE Kuban Ave

SOLD $675,000 1564 Seagull Way

SOLD $1,150,000

www.FLColdwellBanker.com

SOLD $725,000

11 N River Road

4836 SE Manatee Cove Road

SOLD $665,000

SOLD $523,000

117 Hillcrest Drive

SOLD $400,000

SOLD $337,000

1044 SE Osceola St

447 NE Pecos Way

1 Oakwood Drive

SOLD $335,000 710 Zebrian Sanda

Homes selling fast!

Call to see how much your home is worth!

772-301-0600 SOLD $332,500 5483 Graham Drive

SOLD $330,000 1524 SW Thelma Street

PORT ST LUCIE OFFICE 7202 US-1 Port St Lucie, FL 34952 772-878-3200 FORT PIERCE 411 US-1 Fort Pierce, FL 34950

STUART OFFICE 2384 NW Federal Hwy Stuart, FL 34994 772-301-0600

www.FLColdwellBanker.com

MARKET REPORT

2017 Martin County Year End Real Estate

Area Stuart

Homes Sold

# of Listings

2017 2016

1194 1272 -7.2%

1243 1129 +10.2%

Median Sales Average Price DOM $337,416 42.5 $321,315 45.9 +5.8% -8.5%

2017 2016

851 770 +10.6%

958 874 +9.8%

$400,487 $374,833 +7.5%

Year

% Change Palm City % Change

52.2 45.3 +13.3%

Buyers Need to Prepare to Act Quick for Martin County Properties The Martin County housing market showed steady gains in 2017, with average prices increasingly slightly for most property types and ranges. A tightening of inventory has tempered sales for single family homes but has also caused a decrease in the number of days on market. So homes, if they are priced right, will sell quickly. Pricing remains key, favoring buyers who are prepared with cash offers or strong pre-approvals. That, along with a continued low interest rate, bodes well for those looking to relocated to their own piece of paradise. According to Freddie

Mac, the interest rate for a 30-year fixed-rate mortgage averaged 3.95 percent in December 2017, down from the 4.20 percent averaged during the same month a year earlier. With sales healthy and with a continued lack of inventory, it is likely that you’ve regained significant equity. Call your favorite Coldwell Banker Paradise agent for your free home evaluation today. Or call our offices at 772-301-0600. With eleven offices covering 135 miles of Florida’s East Coast, Coldwell Banker Paradise is the largest full service real estate company in the area.