The Falls of Jensen Beach October 2015 Market Report
For the beginning of October 2015 there are 6 homes available for sale in the Falls of Jensen Beach. Listing prices range from $475,000 to $549,000 for an average asking price of $501,403 or $148.88 per sq. ft. of living area. There is one home under contract which has not completed the sales process (closed). The list price of this home is $498,960 or $130.17 per sq. ft. of living area. This home was on the market for 83 days prior to going under contract. In the past 12 months, 21 homes have sold in the Falls of Jensen Beach. Sales prices ranged from $325,000 up to $669,000 for an average sales price of $481,356 which is equal to $152.23 per sq. ft. of living area. These homes averaged 93 days on market before going under contract and sold on average for 98% of listed price.
A newer Kolter community located just north and west of the Treasure Coast Mall in Jensen Beach FL. This is a gated community with spacious lots, many of which have serene preserve or lake views from the back patio and yard.
The Falls is in a wonderful location close to shopping, restaurants as well as professional services and only a few minutes to the beaches and waterways that Martin County has to offer. Children living in the falls have the privilege of attending Martin County ‘A’ rated schools. Currently these are the Jensen beach Elementary school, Stuart Middle school and the Jensen Beach High school.
Construction in the Falls began in 2006 and all of the 130 lots have now been built, with the latest homes just recently completed in 2015. As of this writing there are only two new homes available from the builder, but re-sale homes have been coming on the market at a fairly steady rate.
Homes sizes in the Falls range from 4 bedroom, 3 bathroom homes of 2,236 sq. ft. of living area up to 5 bedroom, 4 bathroom homes with just under 4,500 sq. ft. under AC. The majority of the homes in the falls have 3 car garages. Homes range from single story ranch style designs to two story homes and many have private pools.
Since this is a newer community, all homes meet the latest building codes for hurricane and wind protection and most homes also feature updated kitchen with granite countertops.
The HOA fee (as of September 2015) is $218 per month and includes your landscape and lawn service, basic cable TV as well as security and the common areas. There is no community pool or clubhouse in the Falls.
Those interested in new construction in the Falls, please call us for our special builder rebate program (772) 323-6996.