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 34996 Residential Market Report November 2017 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for November 2017 For November 2017 in the Stuart Florida Market Report ZIP Code 34996 Florida : There are currently 143 active listings (Increased by 14 homes from October). 29 Residential sales are pending and awaiting close or lender approval (Down by 1 homes from October). 19 Homes Sold in November (Increased by 14 homes from October). The 34996 zip code area of the Stuart Florida residential real estate showed strong activity for November with much stronger closed sales for the month. The one month absorption rate for the 34996 zip code area of Stuart Florida for November dropped to 7.5 months as compared to October’s 25.8 months.  Still a buyer’s market for th...
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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)
Willoughby Golf Club Stuart December 2017 Market ReportThere are currently 12 homes on the market in the Willoughby Golf Club, ranging in price from $379,000 to $1,250,000.  The average listing price is $613,417 which equates to a price per sq. ft. of living area of $194.83.There are 3 homes under contract which have not closed as this post was written.  The list prices of these pending sales range from $289,888 to $1,075,000 for an average list price of $611,596 which equates to $181.72 per sq. ft. of living area.  These homes averaged 204 days on market prior to going under contract.In the past 12 months, 19 homes have sold in the Willoughby Golf Club.  Sales prices ranged from $400,000 up to $1,300,000 for an average sales price of $590,184 which equals $179.63 per sq. ft. of living ...
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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 November 2017  Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for November 2017 For November 2017 in the 34994 Zip Code area of Stuart, Florida : There are currently 100 active condo listings (Up by 8 condos from October). 31 Condo sales are pending and awaiting close or lender approval. (Increased by 3 condos from last month)  21 Condos Sold in November (Increased by 7 condos from October). The Stuart FL 34994 Condo market showed slow but continued improvement from last month. Both pending and closed sales were up and a small rise in inventory. The absorption rate for November decreased to 4.8 months compared to last month’s 6.6.  Back into a seller’s market for this condo segment of Stuart’s 34994 zip code area after one month of a ...
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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 November 2017Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for November 2017For November 2017 in the 34994 Zip Code area of Stuart, Florida :There are currently 81 active listings (Up by 4 homes from October)28 Residential sales are pending and awaiting close or lender approval (Increased by 1 homes from last month).13 Homes Sold in October (Increased by 1 homes from October)The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed continued positive sales and pending numbers along with an unusual rise in inventory.The one-month absorption rate for the 34994 zip code for November decreased to 6.2 months from 6.3 months for October.  Remaining in a balanced market for the 34994 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)
Beachwood Villas Hutchinson Island December 2017 Market ReportThere is currently 1 active listing in Beachwood Villas of Hutchinson Island.  The list price is $315,000 which is $336.18 per sq. ft. of living area.There are currently no pending sales in Beachwood Villas.5 condos have sold in Beachwood Villas in the past 12 months.  The sales prices were from $255,000 up to $385,000 for an average sales price of $385,000 or $269.55 per sq. ft. of living area.  These condos sold for an average of 97% of the final listed price and in an average of 65 days on market until there was an accepted offer.    Beachwood Villas on Hutchinson Island is a condo complex with 80 units that were built in 1975. Conveniently located halfway between the Jensen and Stuart Causeways this oceanfront complex fea...
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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)
Beachwalk Condos Indian River Plantation December 2017 Market ReportThere are no condos currently for sale in Beachwalk for December 2017.Also, no condos currently under contract in Beachwalk.In the past 12 months, 4 condos have sold in Beachwalk.  The sales prices ranged from $280,000 up to $325,000 for an average sales price of $298,750 which is $220.00 per sq. ft. of living area.  These condos sold for an average of 92% of the listed price and also took an average of 166 days on market prior to receiving an acceptable offer.About the Beachfront Condos in Indian River Plantation:Beachwalk in Indian River Plantation is a condo complex with 56 2 bedroom, 2 bathroom condos of either 1,253 or 1,274 sq. ft. of living area. The Beachwalk complex was built in 1993 making it one of the newer ...
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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)
Plantation House Condos Indian River Plantation December 2017 Market ReportThere is one condo for sale in the Plantation House of Hutchinson Island.  This condo is listed for $504,999 or $340.07 per sq. ft. of living area.There are no currently pending sales in the Plantation House.Two condos have sold in the Plantation House in the past 12 months.  The sales prices were $501,000 and $565,000 for an average sales price of $533,000 which equals $411.38 per sq. ft. of living area.  These condos sold for an average of 96% of the last listed price and went under contract in an average of 78 days after going on the market.About the Plantation House on Hutchinson Island in Indian River Plantation:Located on the shores of the Atlantic Ocean, the Plantation House Condos are within the Indian Ri...
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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)
Plantation Club Villas Indian River Plantation December 2017 Market ReportThere is 1 active listing in the Plantation Club Villas of Hutchinson Island for early December 2017.  This condo is listed for $259,900 or $203.68 per sq. ft. of living area.There is 1 pending sale in the Plantation Club Villas.  This condo was listed for $299,000 which equals $209.82 per sq. ft. of living area.  This condo was on the market for 376 days prior to going under contract.2 condos have sold in the Plantation Club Villas in the past 12 months.  The sales prices were $260,000 and $282,500 which averages to $271,250 and equals $223.62 per sq. ft. of living area.  These condos sold for an average of 96% of the last listed price and were on the market for an average of 47 days before receiving an accepted ...
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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)
Sailfish Point November 2017 Market ReportSailfish Point Homes:  There are 17 homes available to purchase in Sailfish Point.  These homes are available for purchase at prices ranging from $849,000 up to $7,900,000 for an average list price of $2,550,758 which equals $434.01 per sq. ft. of living area.There are 3 homes currently pending sales.  List prices range from $1,625,000 up to $3,495,000 for an average list price of $2,305,296 or $505.63 per sq. ft. of living area.  These homes averaged 161 days on the market before going under contract.In the past 12 months, 28 homes have sold in Sailfish Point.  Sales prices ranged from $585,000 up to $7,500,000 for an average sales price of $2,443,178 which works out to $430.48.  These homes sold for an average of 91% of the final list price an...
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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)
Hansons Landing November 2017 Market ReportAs of November 2017, there are 5 condos for sale in Hansons Landing in Rocky Point in Stuart FL.  List prices range from $228,500 up to $400,000 for an average list price of $333,600 which equals $233.22 per sq. ft. of living area.There is one condo currently under contract.  The list price was $350,000 or $220.13 per sq. ft. of living area. This condo was on the market for 109 days prior to going under contract.In the past 12 months, 11 Hansons Landing condos have sold.  Sales prices ranged from $161,500 up to $330,000.  The average sales price was $229,318 which works out to $187.64 per sq. ft. of living area.  These condos sold for 96% of list price and were on the market for an average of 31 days prior to going under contract. About Hansons...
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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)
Snug Harbor West November 2017 Market ReportFor November 2017 there is one home available to purchase in Snug Harbor West in Stuart FL.  This home is listed for $1,750,000 or $455.61 per sq. ft. of living area.There are no homes currently under contract in Snug Harbor West.In the past 12 months, one home sold in Snug Harbor West.  The sales price was $945,000 which equals $285.67 per sq. ft. of living area.  This home sold for 95% of list price and was on the market for 135 days prior to going under contract.About Snug Harbor West in Stuart FL:Snug Harbor West is a gated community of 17 home sites each with a deeded dock on the shores of the Saint Lucie River in a very convenient in town location in Stuart FL yet still in a quiet and peaceful location.  At this writing (September 2017) ...
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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)
Harborage Yacht Club November 2017 Market ReportFor November 2017 there are 11 active listings in the Harborage Yacht Club with list prices ranging from $129,900 up to $184,900 for an average list price of $154,645 which comes out to $128.10 per sq. ft. of living area.There are 2 condos currently under contract.  The list prices were $125,000 and $164,000 for an average list price of $144,500 or $117.67 per sq. ft. of living area. These 2 condos were on the market for an average of 163 days before going under contract.In the past 12 months, 10 condos have sold.  Sales prices were from $92,000 up to $279,000 for an average sales price of $159,915 which equals $130.12 per sq. ft. of living area.  These condos sold on average at 92% of list price and took an average of 105 days before goin...
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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)
Buttonwood Condos November 2017 Market ReportFor November 2017, there are 2 condos available for sale in the Buttonwood Condos on Hutchinson Island in Stuart FL.  The list prices are $949,000 and $1,000,000 which averages to $974,500 or $424.81 per sq. ft. of living area.No condos are currently under contract in Buttonwood.In the past 12 months, there have not been any sales in the Buttonwood condos,About the Buttonwood Condos on Hutchinson Island:The Buttonwood Condos on Hutchinson Island are some of the most spacious homes available on the ocean.  These condos were built in 1983 and offer only 18 residences for discerning customers interested in a luxury oceanfront lifestyle.  These condos range in size from a 3 bedroom, 4 bath residences of just under 2,300 sq. ft. of air-conditioned...
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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 October 2017 Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2017 For October 2017 in the 34997 Zip Code area of Stuart, Florida: There are currently 53 active condo listings (Increased by 4 condos from September). 25 Condo sales are pending and awaiting close or lender approval (Increased by 7 condos from September). 10 Condos Sold in October (Decreased by 3 condos from September).      The Stuart FL condo market for zip code 34997 continues to show strong activity even with a decrease in closed sales for the past two months.  This decrease may be attributed to Hurricane Irma which shut down real estate for a little over a week in September with ripple effects that have continued.        The absorption rate increased to 5.3 m...
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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 October 2017 Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for October 2017 For October 2017 in the 34997 Zip Code area of Stuart, Florida: There are currently 291 active listings (Increased by 17 homes from September). 131 Residential sales are pending and awaiting close or lender approval (Increased by 1 homes from September). 68 Homes Sold in October (Unchanged from September)       The Stuart Florida Residential Market for ZIP Code 34997 remains active with good activity even through last September’s hurricane.      The absorption rate inched up to 4.3 months (was 4.0 months for September).  Continuing as a seller’s market for the 34997 zip code area of Stuart for October 2017.  Typically a balanced market, favor...
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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)
River Forest November 2017 Market ReportAs of November 2017, there are 2 homes for sale in River Forest.  List prices are$250,000 and $339,750 for an average list price of $294,875 which equates to $175.17 per sq. ft. of living area.There are no homes currently under contract awaiting settlement.In the past 12 months, 10 homes have sold in River Forest.  Sales prices ranged from $254,500 up to $290,000 for an average sales price of $268,040 which equals $152.03 per sq. ft. of living area.  Sales averaged at 98% of list price and the average time on the market before going under contract was only 28 days.About River Forest in Stuart FL: River Forest Club House, Stuart, Florida Located in a peaceful corner of western Stuart, River Forest is a beautiful community filled with modern, well-b...
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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)
Legacy Cove Stuart FL November 2017 Market ReportThere are currently no homes available for sale in Legacy Cove in Stuart, FL.There is one home currently under contract awaiting settlement.  The list price was $410,000 or $164.53 per sq. ft. of living area.  This home was on the market for 11 days prior to going under contract.In the past 12 months, 10 homes have sold in Legacy Cove with sales prices ranging from $288,000 to $435,000 for an average sales price of $351,000 or $162.13 per sq. ft. of living area.  These sales averaged 97% of list price and went under contract in an average of 46 days after going on the market.About Legacy Cove in Stuart FL:Legacy Cove in Stuart Florida is a gated lakeside community of 229 homes off of Cove Road in Stuart, Florida.  Legacy Cove consists 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 October 2017 Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for October 2017 For October 2017 in the 34996 Zip Code area of Stuart, Florida : There are currently 130 active condo listings (Increased by 18 condos from last month). 24 Condo sales are pending and awaiting close or lender approval (Decreased by 9 condos from September). 22 Condos Sold in October (Up by 1 condos from September)  The Stuart FL 34996 Condo Market of Stuart continued with steady activity though pending sales were off which may indicate some slower sales numbers in the coming months. The current absorption rate for the Stuart Florida condos in ZIP Code 34996 increased to 5.9 months from September’s 5.3 months.  Still a seller’s market for this segment of Martin C...
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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)
River Pines Townhouses November 2017 Market ReportAs of November 2017, there are 6 active listings for River Pines townhouses for sale in Stuart, FL.  Prices range from a low of $147,500 up to $159,750 which equals to an average list price of $153,342 or $115.06 per sq. ft. of living area.There are 5 River Pines town homes under contract awaiting sale.  List prices are from $138,500 up to $174,900 for an average list price of $151,840 or $113.05 per sq. ft. of living area.  These properties averaged 122 days on the market prior to going under contract.In the past 12 months, 23 townhouses have sold in River Pines with sales prices ranging from$129,900 to $165,000 which equals to an average sales price of $144,689 or $112.29 per sq. ft. of living area.  These townhomes have been on the ma...
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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 October 2017  Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for October 2017 For October 2017 in the Stuart Florida Market Report ZIP Code 34996 Florida : There are currently 129 active listings (Unchanged from September). 30 Residential sales are pending and awaiting close or lender approval (Up by 11 homes from September). 5 Homes Sold in October (Decreased by 1 homes from September). The 34996 zip code area of the Stuart Florida residential real estate rebounded some for October mostly with strong pending sales.  Closed sales remain weak.  Much of this may be attributed to Hurricane Irma which shut down real estate for a little over a week last month.  Some of October’s activity could have been impacted by Hurricane Irma ...
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