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)
Willoughby Cay Real Estate Market Report September 2017As of September 2017, there are no homes for sale in Willoughby Cay.One home is currently under contract.  The list price was $244,900 which is $172.95 per sq. ft. of living area.  This home went under contract 2 days after it was listed.In the past 12 months, 7 homes have sold.  Sales prices ranged from a low of $218,000 up to $261,000 for an average sales price of $242,271 which equals $160.37 per sq. ft. of living area.  These homes averaged 98 days on market before going under contract and sold for an average of 98% of list price.About Willoughby Cay in Stuart FL:Willoughby Cay is a small gated community located on Willoughby Blvd across the street from the prestigious Willoughby Golf Club and consists of 51 buildings of 2 attac...
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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)
South Fork Estates Real Estate Market Report for September 2017There are currently 2 homes for sale in South Fork Estates in Stuart FL.  The listing prices are $449,000 and $625,000 for an average list price of $537,000 which equates to $210.99 per sq. ft. of living area.There are no homes under contract at this time in South Fork EstatesIn the past 12 months, there have been 6 sales in South Fork Estates.  Sales prices ranged from $318,000 to $499,900.  The average sales price was $397,150 which works out to a per square foot of living area price of $166.12.   These homes were on the market for an average of 111 days before going under contract and sold at 97% of the listing price.About South Fork Estates in Stuart FL:A unique private community in Stuart, Florida built before land was ...
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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 August 2017 Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for August 2017   For August 2017 in the 34997 Zip Code area of Stuart, Florida: There are currently 44 active condo listings (Decreased by 17 condos from July). 23 Condo sales are pending and awaiting close or lender approval (Decreased by 9 condos from July). 17 Condos Sold in August (Decreased by 8 condos from July).      The Stuart FL condo market for zip code 34997 continues to show very strong activity but also shows a troubling decrease in available condos for sale.        The absorption rate inched down to 2.6 months in August compared to 2.4 months for July.  Still in a very strong sellers’ market for the 34997 zip code of Stuart FL.  A 6 to 7 month absorption rate is ty...
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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 August 2017 Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for August 2017   There are currently 291 active listings (Decreased by 1 homes from July). 141 Residential sales are pending and awaiting close or lender approval (Decreased by 39 homes from July). 86 Homes Sold in August (Increased by 2 homes from July)       The Stuart Florida Residential Market for ZIP Code 34997 continues with very active closed sales activity, but also had a large drop in pending sales for August.      The absorption rate inched down to 3.4 months (was 3.5 months for July).  Continuing as a strong sellers’ market for the 34997 zip code area of Stuart for August 2017.  Typically a balanced market, favoring neither the seller or buyer, is ...
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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 August 2017 Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for August 2017 For August 2017 in the 34996 Zip Code area of Stuart, Florida : There are currently 107 active condo listings (Decreased by 15 condos from last month). 39 Condo sales are pending and awaiting close or lender approval (Decreased by 4 condos from July). 28 Condos Sold in August (Up by 7 condos from July)  The Stuart FL 34996 Condo Market of Stuart showed surprisingly stronger activity for August of 2017. The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 3.8 months from July’s 5.8months.  A stronger sellers’ market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from ...
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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 August 2017  Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for August 2017   For August 2017 in the Stuart Florida Market Report ZIP Code 34996 Florida :   There are currently 145 active listings (Down by 2 homes from July). 14 Residential sales are pending and awaiting close or lender approval (Down by 29 homes from July). 12 Homes Sold in August (Decreased by 24 homes from July). The 34996 zip code area of the Stuart Florida residential real estate showed greatly reduced activity for August. The one month absorption rate for the 34996 zip code area of Stuart Florida for August jumped to 12.1 months as compared to July’s 4.1 months.  Into a strong buyers’ market for the 34996 zip code area of Stuart FL.  A balanced market, ...
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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 August 2017  Stuart FL Snapshot for ZIP Code 34994, Condo Sales for August 2017 For August 2017 in the 34994 Zip Code area of Stuart, Florida :   There are currently 70 active condo listings (Down by 7 condos from July). 30 Condo sales are pending and awaiting close or lender approval. (Decreased by 11 condos from last month)  21 Condos Sold in August (Down by 9 condos from July). The Stuart FL 34994 Condo market continues with strong activity throughout the summer months. The absorption rate for August edged up to 3.3 months compared to last month’s 2.6.  Still in a strong sellers’ market for this condo segment of Stuart’s 34994 zip code area.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 mon...
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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 Real Estate Snapshot for ZIP Code 34994, Residential Sales for August 2017For August 2017 in the 34994 Zip Code area of Stuart, Florida :There are currently 77 active listings (Increased by 2 homes from July)26 Residential sales are pending and awaiting close or lender approval (Decreased by 3 homes from last month). 16 Homes Sold in July (Increased by 4 homes from July)The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had strong activity for August with strong sales activity.The one month absorption rate for the 34994 zip code for August dropped to 4.8 months from 6.25 months for July.  Bringing the 34994 zip code area of Stuart, FL back into a sellers’ market.  A 6 to 7 month absorption rate is considered a balanced market where neither the s...
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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 August 2017 Market ReportThere are no condos currently available for sale in Four Winds on the River in Stuart FL.One condo is under contract.  It was listed for $238,900 or $176.96 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 $180,000 up to $249,000 for an average sales price of $220,333 which works out to $162.53 per sq. ft. of living area.  These condos sold for an average of 96% of the list price and were on the market for an average of 38 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 seen some major up...
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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 August 2017 Market ReportThere are 8 properties on the market in Mariner Cay in Stuart FL.  2 homes and 6 condos.  List prices range from $259,900 up to $1,500,000 for an average list price of $613,983 or $253.01 per sq. ft. of living area.1 home and 1 condo are under contract.  The home is listed for $699,900 while the condo is priced for $215,000 for an average of $457,450 which works out to $206.52 per sq. ft. of living area.  These properties averaged 246 days on the market before going under contract.In the past 12 months, 10 properties have sold in Mariner Cay: 8 condos and 2 homes sold.  Sales prices ranged from $235,000 up to $1,050,000 for an average sales price of $447,571 which works out to $210.21 per sq. ft. of living area.  These homes and condos averaged 133 d...
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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)
Duckwood Real Estate August 2017 Market ReportFor August 2017, there are two homes for sale in Duckwood.  These homes were listed for $226,900 and $257,000 for an average asking price of $241,950 which equals $155.23 per sq. ft. of living area.There is one home under contract.  This home was listed for $185,000 or $159.48 per sq. ft. of living area.  It was on the market for 5 days before going under contract.In the past 12 months, 10 homes have sold in Duckwood.  Sales prices ranged from a low of $184,000 up to a high of $225,000 for an average sales price of $207,130 which works out to $150.56 per sq. ft. of living area.  These homes were on the market for an average of 35 days before going under contract and sold for 97% of list price. About Duckwood in Stuart FL:The Duckwood communi...
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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 July 2017 Market ReportJuly 2017 Market Update:There are 18 homes currently for sale in the Yacht and Country Club of Stuart.  Listing prices are from $199,000 to $1,500,000 for an average list price of $516,364 which works out to $211.52 per sq. ft. of living area.There are currently 7 homes under contract ranging in list price from $270,000 up to $1,149,000.  The average list price of these pending sales is $543,698 or $201.18 per sq. ft. of living area.  These homes averaged 160 days on market before going under contract.32 homes have sold in the past 12 months.  Ranging in sales price from $206,500 to $755,000.  The average sales price was $360,897 which comes out to $164.69  per sq. ft. of living area.  These homes went under contract in an aver...
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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)
Islander 12 Condos Real Estate Market Report August 2017For August 2017, there are 2 condos being offered for sale in the Islander 12 condo community of Hutchinson Island in Stuart FL.  These condos are listed for $334,900 and $340,000 which is an average of $337,450 or $253.22 per sq. ft. of living area.  These condos have been on the market for an average of 249 days.There are no condos under contract.In the past 12 months, there have been no sales in Islander 12.About the Islander 12 Condos on Hutchinson Island:The Islander 12 Condos of Hutchinson Island in Stuart FL is a small condo community of only 12 units that were built in 1973.  This direct Ocean access condo community features 2 bedrooms, 2 bath condos varying in sizes from 1,360 sq. ft.  to 1,108 sq. ft. of living area. The ...
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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)
VilaBella Town-Home Condos in Stuart FL August 2017 Market ReportIn August of 2017, there is only 1 townhome for sale in VilaBella.  This home is listed for $191,900 which is $119.42 per sq. ft. of living area. There are two pending sales currently in Vilabella. List prices were $166,900 and $169,000 for an average of $167,950 which equals $129.32 per sq. ft. of living area.  These two townhomes averaged 23 days on market prior to going under contract. In the past 12 months, 5 homes have sold with sales prices ranging from $153,000 up to $184,000 with an average sales price of $172,200 which equals $120.41 per sq. ft. of living area.  These sales averaged 41 days on market before going under contract and sold at 98% of list price. About Vilabella in Stuart FL:  Entrance to VilaBella Tow...
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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 July 2017 Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2017   For July 2017 in the 34997 Zip Code area of Stuart, Florida: There are currently 61 active condo listings (Increased by 11 condos from June). 32 Condo sales are pending and awaiting close or lender approval (Decreased by 1 condos from June). 25 Condos Sold in July (Increased by 18 condos from June).      The Stuart FL condo market for zip code 34997 returned to a very strong market activity after a very strange month in June.        The absorption rate plunged to 2.4 months in July compared to 7.1 months for June.  Back into a very strong sellers’ market for the 34997 zip code of Stuart FL.  A 6 to 7 month absorption rate is typically considered to be a balanced mar...
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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 July 2017 Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for July 2017   There are currently 292 active listings (Increased by 31 homes from June). 180 Residential sales are pending and awaiting close or lender approval (No change from June). 84 Homes Sold in July (Decreased by 3 homes from June)       The Stuart Florida Residential Market for ZIP Code 34997  had a welcome increase in inventory for July along with strong pending sales numbers and slightly weaker closed sales from last month.      The absorption rate increased to 3.5 months (was 3.0 months for June).  Continuing as a strong sellers’ market for the 34997 zip code area of Stuart for July 2017.  Typically a balanced market, favoring neither the seller or ...
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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 July 2017 Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for July 2017 For July 2017 in the 34996 Zip Code area of Stuart, Florida : There are currently 122 active condo listings (Decreased by 10 condos from last month). 43 Condo sales are pending and awaiting close or lender approval (Increased by 3 condos from June). 21 Condos Sold in July (Down by 5 condos from June)  The Stuart FL 34996 Condo Market of Stuart had fewer sales for July when compared to last month but continues with very strong activity through the summer. The current absorption rate for the Stuart Florida condos in ZIP Code 34996 increased to 5.8 months from June’s 5.1 months.  Remaining as a sellers market for this segment of Martin County condos, but mow almost a bal...
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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)
Edgewater Villas Condominiums July 2017 Market ReportFor July 2017 there are no condos available for sale in the Edgewater Villas of Stuart FL.There is one unit under contract at this time.  This condo was listed for $345,000 which is $221.01 per sq. ft. of living area.  This condo was on the market for 28 days before going under contract.In the past 12 months, only one Edgewater Villas condo has sold.  The sales price was $340,500 which equals $218.13 per sq. ft. of living area.  This condo sold for 98% of the list price and went under contract 84 days after it was listed.About the Edgewater Villas Condominiums:Just west of Historic Downtown Stuart and on the shores of the Saint Lucie River lies the Edgewater VillasCondominiums. This complex consists of two waterfront buildings of four...
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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 July 2017  Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for July 2017   For July 2017 in the Stuart Florida Market Report ZIP Code 34996 Florida :   There are currently 147 active listings (Up by 9 homes from June). 33 Residential sales are pending and awaiting close or lender approval (Down by 22 homes from June). 36 Homes Sold in July (Decreased by 5 homes from June). The 34996 zip code area of the Stuart Florida residential real estate eased a bit from last month.  Yet, it is still a very active market even as we are in the middle of the summer. The one month absorption rate for the 34996 zip code area of Stuart Florida for July rose to 4.1 months as compared to June’s 3.4 months.  Remaining in a sellers’ market for the ...
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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)
Circle Bay Waterfront Condos Stuart FL July 2017 Market Report As of July 2017, there are 10 condos for sale in the Circle Bay Yacht Club of Stuart FL.   Listing prices range from $169,900 up to $229,500.  The average listing price $199,970 which equals a price per square foot of living area of $199.71. There is one Circle Bay condo under contract and awaiting close.  The list price was $129,000 or $171.77 per sq. ft. of living area.  This condo was on the market for 26 days before going under contract. In the past 12 months, 22 Circle Bay Waterfront Condos have sold.  Sales prices ranged from a low of $95,500 up to $245,000 for an average sales price of $171,564 which is $168.62 per sq. ft.  These condos sold for an average of 96% of the last listed price and in an average of 85 days ...
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