Stuart, FL Real Estate News

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Stuart FL 34997 Residential Market Report February 2018 Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for February 2018 For February 2018 in the 34997 Zip Code area of Stuart, Florida: There are currently 307 active listings (Increased by 15 homes from January). 155 Residential sales are pending and awaiting close or lender approval (Increased by 11 homes from January). 65 Homes Sold in February (Increased by 7 homes from January)       The Stuart Florida Residential Market for ZIP Code 34997 showed improvement in all tracked metrics for this report.  Of note are two months of increased inventory which is good news for the market.      The absorption rate decreased to 4.7 months (was 5.0 months for January).  Still in a seller’s market for the 34997 zip code...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Tres Belle March 2018 Market ReportThere are 3 homes currently for sale in the Tres Belle subdivision of Stuart FL.  Listing prices are from $595,000 to $725,000 for an average list price of $678,333 which works out to $219.46 per sq. ft. of living area.There are currently no homes under contract.5 homes have sold in the past 12 months.  Sales prices ranged from $565,000 up to $$760,000.  The average sales price was $674,800 which comes out to $215.00 per sq. ft. of living area.  These homes sold on average of 105 days with sales prices at 96% of list price. The Tres Belle Estates in Stuart FL is a Kolter Homes development of approximately 167 homes on a minimum of ½ acre lots located just east of Kanner Highway on Cove Road in Stuart FL. The first homes were completed in 2007 and const...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Mariner Sands February 2018 Market ReportFor late February 2018, there are 45 properties for sale in Mariner Sands.  These 45 properties include a mix of condos and homes.  The list prices range from $144,900 up to $879,900 for an average list price of $376,543 which works out to $144.39 per sq. ft. of living area.There are 8 homes under contract (pending) which have not completed the sales process to date.  List prices were from $369,900 up to $585,000 for an average of $465,862 or $167.71 per sq. ft. of living area.  These homes averaged 61 days on market prior to going under contract.In the past 12 months, 44 homes and condos have sold.  Sales prices ranged from $128,000 up to $815,000 for an average sales price of $399,916 which equals $143.94 per sq. ft. of living area.  These home...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Mariner Cay February 2018 Market Report There are 10 properties on the market in Mariner Cay in Stuart FL.  3 homes and 7 condos.  List prices range from $245,000 up to $2,775,000 for an average list price of $725,580 or $265.56 per sq. ft. of living area.3 homes and 2 condos are under contract.  List prices ranged from $285,000 up to $1,500,000 for an average list price of $856,980 or $330.59 per sq. ft. of living area.  These properties averaged 101 days on the market before going under contract.In the past 12 months, 7 properties have sold in Mariner Cay: 5 condos and 2 homes sold.  Sales prices ranged from $190,000 up to $1,735,000 for an average sales price of $511,857 which works out to $216.20 per sq. ft. of living area.  These homes and condos averaged 11633 days on market befor...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
The Yacht and Country Club of Stuart February 2018 Market ReportFebruary 2018 Market Update:There are 16 homes currently for sale in the Yacht and Country Club of Stuart.  Listing prices are from $250,000 to $1,375,000 for an average list price of $528,236 which works out to $205.97 per sq. ft. of living area.There are currently 10 homes under contract ranging in list price from $239,900 up to $465,000.  The average list price of these pending sales is $352,970 or $162.96 per sq. ft. of living area.  These homes averaged 160 days on market before going under contract.48 homes have sold in the past 12 months.  Ranging in sales price from $185,000 to $1,253,125.  The average sales price was $399,641 which comes out to $172.48 per sq. ft. of living area.  These homes went under contract in...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
North River Shores February 2018 Market ReportThe North River Shores February 2018 Market Report for Stuart Florida:There are currently 8 active listings in North River Shores.  List prices range from $319,000 up to $1,300,000.  The average list price is $720,238 based on $297.49 per square foot of living area.6 homes are under contract (pending sales). List prices were from $280,000 up to $875,000 for an average of $490,615 which equates to a $204.84 price per sq. ft. of living area.  These homes averaged 105 days on the market before going under contract.In the past 12 months, 23 homes have sold in North River Shores at an average sales price of $509,830 or at $228.25 per square foot of living area. Sales prices ranged from a low of $180,000 up to $1,850,000 and sales averaged 95% of ...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Spinnaker Point February 2018 Market ReportThere is one home for sale in Spinnaker Point on Hutchinson Island in February 2018.  This home is listed for $1,649,000 which equals $482.02 per sq. ft. of living area.There are no homes currently under contract.In the past 12 months, 2 Spinnaker Point homes have sold.  Sales prices were $980,000 and $2,525,000 for an average sales price of $1,752,500 or $385.66 per sq. ft. of living area.  These homes averaged 232 days on the market before going under contract and sold for an average of 93% of list price.About SpinakerPoint on Hutchinson Island:Spinnaker Point on Hutchinson Island is easy to miss when driving buy on Highway A-1-A in Stuart FL.  But, it is one of the gems for those who want both river and ocean access.  This gated community ha...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Foxwood Stuart FL February 2018 Market Update As of February 2018, there are 2 homes on the market in the Foxwood equestrian community in Stuart, FL.  List prices are $419,900 and $549,900 for an average list price of $484,900 which works out to $206.86 per sq. ft. of living area.There is 1 home under contract at this time.  It was listed for $624,900 or $226.91 per sq. ft. of living area.  This home was on the market for 56 days before going under contract.In the past 12 months there were a total of 7 sales in this sought after Stuart community.  Sales prices ranged from $285,000 to $445,000 for an average of $$372,843 which equals $150.14 per sq. ft. of living area.  These sales averaged a sales price of 97% of the last list price and took an average of 73 days on the market before go...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Four Winds on the River Condo February 2018 Market ReportThere are no condos currently available for sale in Four Winds on the River in Stuart FL.One condo is under contract at this time.  It was listed for $235,000 or $172.92 per sq. ft. of living area.In the past 12 months, 3 condos have sold in Four Winds.  These condos sold for prices ranging from $232,000up to $249,000 for an average sales price of $237,667 which works out to $175.29 per sq. ft. of living area.  These condos sold for an average of 99% of the list price and were on the market for an average of only 8 days before going under contract.About Four Winds on the River in Stuart FL:A wonderful small condo community on the shores of the wide Saint Lucie River in Stuart, FL, Four Winds on the River was built in 1981 and has ...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Stuart FL 34997 Condo Market Report January 2018 Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for January 2018 For January 2018 in the 34997 Zip Code area of Stuart, Florida: There are currently 56 active condo listings (Down by 1 condo from December). 35 Condo sales are pending and awaiting close or lender approval (Up by 18 condos from December). 8 Condos Sold in January (Decreased by 11 condos from December).       The Stuart FL condo market for zip code 34997 Had a significant reduction of closed sales along with a very strong number of new pending sales indicating much better closed volume for the near future.      The absorption rate jumped up to 7.0 months in January compared to 3.0 months for December.  Just about to become a buyer’s market for the 34997 zip code...
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By Grant Schneider, Your Coach Helping You Create Successful Outcomes
(Performance Development Strategies)
I have been learning how to make videos on my iPhone with the help of an Osmo Gimbel.  I got one just in time for my trip to Florida and just in time to share with Gabe Sanders .  We had lunch last Thursday at Carson's Tavern in Stuart.  I didn't have much time to use it before showing it to Gabe but I have since learned how to take a subject and have the Gimbel follow it.  Neat.We had a great conversation about business and Florida.  I have been down here many times since our closing and we are enjoying our "dual citizenship" in New York and Florida. 
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Stuart FL 34997 Residential Market Report January 2018 Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for January 2018 For January 2018 in the 34997 Zip Code area of Stuart, Florida: There are currently 292 active listings (Increased by 12 homes from December). 144 Residential sales are pending and awaiting close or lender approval (Increased by 13 homes from December). 58 Homes Sold in January (Decreased by 23 homes from December)       The Stuart Florida Residential Market for ZIP Code 34997 had a fairly large drop in closed sales but this is still one of the most active markets in Martin County residential real estate.      The absorption rate jumped up to 5.0 months (was 3.4 months for December).  Still in a seller’s market for the 34997 zip code area of ...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Stuart FL 34996 Condo Market Report January 2018 Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for January 2018 For January 2018 in the 34996 Zip Code area of Stuart, Florida : There are currently 140 active condo listings (Up by 6 condos from last month). 52 Condo sales are pending and awaiting close or lender approval (Increased by 17 condos from December). 17 Condos Sold in January (Down by 3 condos from December)  The Stuart FL 34996 Condo Market of Stuart had a weaker month of closed sales but also a nice jump in pending sales which should translate to better closed numbers in the coming months. The current absorption rate for the Stuart Florida condos in ZIP Code 34996 jumped up to 8.2 months from December’s 6.7 months.  Back into a buyer’s market for this segment o...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Stuart FL 34996 Residential Market Report January 2018 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for January 2018 For January 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida : There are currently 146 active listings (Increased by 5 homes from December). 37 Residential sales are pending and awaiting close or lender approval (Unchanged from December). 15 Homes Sold in January (Up by 1 homes from December). The 34996 zip code area of the Stuart Florida residential real estate showed a small increase in inventory and slightly better-closed sales.  There’s a good number of pending sales which will hopefully translate to higher closed volume in the coming months. The one-month absorption rate for the 34996 zip code area of Stuart Florida for January de...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Stuart FL 34994 Condo Market Report January 2018  Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for January 2018 For January 2018 in the 34994 Zip Code area of Stuart, Florida : There are currently 113 active condo listings (Up by 22 condos from December). 51 Condo sales are pending and awaiting close or lender approval. (Increased by 16 condos from last month)  19 Condos Sold in December (Increased by 4 condos from December). The Stuart FL 34994 Condo market had a very strong opening for the year with all activity increasing. The absorption rate for December decreased to 5.9 months compared to last month’s 6.1.  Inching back into a seller’s market for this condo segment of Stuart’s 34994 zip code area after one month of a seller’s market.  Typically a real estate mark...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Stuart Florida 34994 Residential Market Report January 2018Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for January 2018For January 2018 in the 34994 Zip Code area of Stuart, Florida :There are currently 86 active listings (Down by 3 homes from December)38 Residential sales are pending and awaiting close or lender approval (Increased by 17 homes from last month).11 Homes Sold in December (Decreased by 3 homes from December)The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues to gain inventory while sales are not keeping up with this increased volume of available homes for sale.  I expect this to abate as we have a strong volume of pending sales.The one-month absorption rate for the 34994 zip code for December rose to 7.8 mo...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Rocky Point January 2018 Market ReportHere is your Rocky Point January 2018 market Report in Stuart Florida:There are currently 41 active listings in Rocky Point which include both condos and homes.  List prices range from a low of $89,900 up to $959,000 which results in an average list price of $328,562 or $183.98 per square foot of living area.15 homes and condos are under contract (pending sales) and awaiting closing.    Listing prices ranged from $79,900 up to $975,000 for an average list price of $310,073 which is $148.38 per square foot of living area.  These properties averaged 90 days on the market before accepting a contract.In the past 12 months, 134 properties have sold in Rocky Point with sales prices ranging from $52,000 up to $1,650,000 for an average sales price of $282,7...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Lake Tuscany Real Estate Update in Stuart FL January 2018As of January 2018, there are 3  homes available for sale in Lake Tuscany in Stuart FL with listing prices from $399,500 up to $488,950 for an average list price of $437,813 which is an average price per square foot of living area of $155.93.There are no homes currently under contract.In the past 12 months, 5 homes have sold in Lake Tuscany ranging in sales price from $365,000 up to $468,500 for an average sales price of $414,100 which equals $116.76 per sq. ft. of living area.  These homes took an average of 141 days on market to go under contract and sold at 96% of list price.About Lake Tuscany:Lake Tuscany in Stuart FL is a newer subdivision just to the west of I-95 in Martin County, Florida.  The homes in Lake Tuscany were mos...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
The Florida Club January 2018 Market ReportStuart, Florida As of January 2018, there are 8 Florida Club homes for sale.  List prices range from $272,500 up to $449,500 for an average list price of $383,699 which works out to $187.73 per sq. ft. of living area.There is 1 home under contract awaiting closing.  The list price was $259,900 or $170.09 per sq. ft of living area.  These homes averaged 52 days on the market before going under contract.In the past 12 months, 37 homes have sold in the Florida Club with sales prices ranging from $225,000 up to $497,500 for an average sales price of $344,238 which equals $172.01 per square foot of living area.  The average days on market before going under contract  was 66 days with a 97% list to sales price ratio.About the Florida Club:Convenientl...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Summerfield Real Estate Market Report January 2018 As of January 2018, there are 5 homes on the market in Summerfield ranging in listing price from $299,900 up to $359,900 for an average list price of $338,640 which equals $178.56 per square foot of living area. There are 2 homes under contract (pending) awaiting their closing. Listing prices were $289,900 and $372,490 for an average list price of $331,195 which is $159.49 per square foot of living area. These homes averaged 76 days on the market prior to receiving an accepted offer. In the past 12 months, 27 homes have sold.  Sales prices ranged from $290,000 up to $480,000 for an average sales price of $364,199 which equals $178.31 per square foot of living area.  The average days on market for these sales was 83 days and the average...
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