Indian River Point October 2016 Market Report
By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Indian River Point October 2016 Market ReportFor late October 2016, there is only one home available for sale in the Indian River Point (a.k.a. Newport Jensen) community of Jensen Beach on Hutchinson Island. This home is listed for $288,975 which is $184.46 per sq. ft. of living area.There is one home under contract. It was listed for $267,000 or $121.53 per sq. ft. of living area. This home was on the market for 38 days before going under contract.In the past 12 months, 4 homes have sold. Sales prices ranged from $200,000 to $305,000 or an average sales price of $260,225 which equals $157.62 per sq. ft. of living area. These homes took an average of 79 days on market to go under contract and sold for an average of 90% of list price.Situated on the shores of the wide Intracoastal a...
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