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 34994 Condo Market Report July 2017  Stuart FL Snapshot for ZIP Code 34994, Condo Sales for July 2017 For July 2017 in the 34994 Zip Code area of Stuart, Florida :   There are currently 77 active condo listings (Down by 13 condos from June). 41 Condo sales are pending and awaiting close or lender approval. (Increased by 2 condos from last month)  30 Condos Sold in July (Up by 9 condos from June). The Stuart FL 34994 Condo market showed surprisingly strong activity for a typically slowe summer season.  A very hot market (pun intended). The absorption rate for July dropped to 2.6 months compared to last month’s 4.3.  An even stronger 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...
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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 Market Report ZIP Code 34994 Residential July 2017Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for July 2017For July, 2017 in the 34994 Zip Code area of Stuart, Florida :There are currently 75 active listings (Increased by 3 homes from June)29 Residential sales are pending and awaiting close or lender approval (Decreased by 5 homes from last month). 12 Homes Sold in June (Down by 4 homes from June)The residential real estate market for the 34994 ZIP code area of the Stuart, Florida remains active but at a slower rate as we head into the summer season.The one month absorption rate for the 34994 zip code for July increased to 6.25 months from 5.5 months for June.  Bringing the 34994 zip code area of Stuart, FL back into a balanced market.  A 6 to 7 mont...
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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)
Schooner Oaks July 2017 Real Estate Market ReportFor July 2017 there are 2 homes for sale in Schooner Oaks in Stuart, FL.  These homes are listed for sale with prices of $245,0000 and $249,900 for an average list price of $247,450 or $118.12 per sq. ft. of living area.There is 1 home currently under contract.  It was listed for $199,999 which is $142.86 per sq. ft. of living area.  This home was on the market for 3 days before going under contract.In the past 12 months, only 5 homes have sold.  These homes sold for a low price of $200,000 to a high price of $547,500 for an average sold price of $299,000 which equals $139.88 per sq. ft. of living area. These homes went under contract in an average of 51 days and sold for 96% of list price.About Schooner Oaks in Rocky Point:The Schooner 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)
Summerfield Real Estate Market Report July 2017As of July 2017, there are 4 homes on the market in Summerfield ranging in listing price from $317,500 up to $362,000 for an average list price of $343,563 which equals $178.29 per square foot of living area.There are 4 homes under contract (pending) awaiting their closing. Listing prices are from $299,900 up to $379,990 for an average list price of $338,095 which equates to $163.82 per square foot of living area. These homes averaged 74 days on the market prior to receiving an accepted offer.In the past 12 months, 34 homes have sold.  Sales prices ranged from $296,000 to $395,000 for an average sales price of $352,545 which equals $176.71 per square foot of living area.  The average days on market for these sales was 56 days and the averag...
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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 July 2017 Market ReportStuart, FloridaAs of July 2017, there are 6 Florida Club homes for sale.  List prices range from $264,900 up to $449,000 for an average list price of $377,869 which works out to $183.55 per sq. ft. of living area.There are 4 homes under contract awaiting the completion of their sales.  List prices ranged from $364,900 to $524,900 for an average list price of  $433,425 or $183.31 per sq. ft of living area.  These homes averaged 49 days on the market before going under contract.In the past 12 months, 36 homes have sold in the Florida Club with sales prices ranging from $237,500 to $482,000 for an average sales price of $342,447 which equals $167.11 per square foot of living area.  The average days on market was 99 days with a 97% list to sales price...
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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 July 2017As of July 2017, there are 2  homes available for sale in Lake Tuscany with listing prices of $384,900 and $479,900 for an average list price of $432,400 which is a price per square foot of living area of $176.32.There are no homes currently under contract.In the past 12 months, 9 homes have sold in Lake Tuscany ranging in sales price from $365,000 up to $480,000 for an average sales price of $419,000 which equals $133.03 per sq. ft. of living area.  These homes took an average of 96 days on market to go under contract and sold at 97% 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 mostly completed between 2004 to 200...
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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 June 2017 Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for June 2017   For June 2017 in the 34997 Zip Code area of Stuart, Florida: There are currently 50 active condo listings (Decreased by 11 condos from May). 33 Condo sales are pending and awaiting close or lender approval (Increased by 11 condos from May). 7 Condos Sold in June (Decreased by 30 condos from May).      The Stuart FL condo market for zip code 34997 is showing some strange numbers with sales dropping significantly from last month (which was an abnormally strong month).  Pending sales remain strong but inventory is dropping to troubling levels.        The absorption rate plunged to 7.1 months in June compared to 1.6 months for May.  Back into a buyers’ market for the 34...
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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 June 2017 Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for June 2017   There are currently 261 active listings (Decreased by 30 homes from May). 180 Residential sales are pending and awaiting close or lender approval (Up by 12 homes from May). 87 Homes Sold in June (Decreased by 17 homes from May)       The Stuart Florida Residential Market for ZIP Code 34997 continued with strong activity and this sement of Martin County real estate remains one of the ost active areas. I am seeing a trend of lower inventory numbers once again which may effect volume in the future.      The absorption rate increased to 3.0 months (was 2.8 months for May).  Continuing as an extreme sellers’ market for the 34997 zip code area of Stuar...
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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)
Rockin’ RiverWalk in Stuart FLThe Downtown Business Association of Stuart invites you to come to downtown Stuart waterfront for Rock’n Riverwalk, a free open air concert on the Riverwalk Stage every Sunday from 1:00-4:00 p.m. Enjoy live music, vendors, and the gorgeous waterfront area and Riverwalk boardwalk.  This music series takes place in a beautiful outdoor setting along the St. Lucie River. Fans can come to listen to great Rock & Roll by car, boat, bicycle or foot and enjoy the show from either the decked amphitheater or from the river in their boat. The RiverWalk Stage is located along the St. Lucie River boardwalk at the end of St. Lucie Ave in Historic Downtown Stuart. For easy parking, ride the free Sailfish Shuttle from Osceola, Sailfish, or Kiwanis Park.When the music is ove...
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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 June 2017 Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for June 2017 For June 2017 in the 34996 Zip Code area of Stuart, Florida: There are currently 132 active condo listings (Decreased by 5 condos from last month). 40 Condo sales are pending and awaiting close or lender approval (Increased by 4 condos from May). 26 Condos Sold in June (Down by 4 condos from May)  The Stuart FL 34996 Condo Market of Stuart had continued strong sales activity for June.  Just minor differences from last months strong activity. The current absorption rate for the Stuart Florida condos in ZIP Code 34996 increased to 5.1 months from May’s 4.6 months.  Remaining as a sellers market for this segment of Martin County condos, but drifting towarsd a balanced 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 June 2017  Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for June 2017   For June 2017 in the Stuart Florida Market Report ZIP Code 34996 Florida :   There are currently 138 active listings (Down by 10 homes from May). 55 Residential sales are pending and awaiting close or lender approval (Down by 9 homes from May). 41 Homes Sold in June (Increased by 15 homes from May). The 34996 zip code area of the Stuart Florida residential real estate market continues with a very strong market.  A large jump in closed sales with a small decrease in pending sales.  As the inventory decreases, we will need to watch if this negatively affects this market segment in the future. The one month absorption rate for the 34996 zip code area of St...
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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 June 2017  Stuart FL Snapshot for ZIP Code 34994, Condo Sales for June 2017 For June 2017 in the 34994 Zip Code area of Stuart, Florida:   There are currently 90 active condo listings (Up by 5 condos from May). 39 Condo sales are pending and awaiting close or lender approval. (Decreased by 2 condos from last month)  21 Condos Sold in June (Up by 3 condos from May). The Stuart FL 34994 Condo market remains very active.  Only small changes in activity levels when compared to last month. The absorption rate for June decreased to 4.3 months compared to last month’s 4.7.  A slightly stronger 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 ...
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By Tracey Lavoll, Lavoll Real Estate Group serving Palm Beach County
(Keller Williams of the Palm Beaches)
9496 SW Wedgewood Lane, Stuart  Enjoy sweeping views of the 11th Fairway in this poured concrete construction Divosta home in the Florida Club. Spacious Great Room layout has split bedroom plan, his and her master bathrooms, and walk in closet. Built in Mirrored wall unit in Living area, Separate Den, screened patio. Tile in main living areas. A/C replaced in 2013. Florida Club in a Non-Equity Golf Club. Just Play. Gated Community offers the Florida Club Grill, Clubhouse, Heated Pool and Lighted Tennis Courts for residents enjoyment. Click here to search for like properties Find your home value here
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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 Market Report ZIP Code 34994 Residential June 2017Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for June 2017For June 2017 in the 34994 Zip Code area of Stuart, Florida:There are currently 72 active listings (Increased by 1 homes from May)34 Residential sales are pending and awaiting close or lender approval (Increased by 2 homes from last month). 16 Homes Sold in May (Up by 3 homes from May)The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues into summer with solid market activity.The one month absorption rate for the 34994 zip code for June increased to 5.5 months from 4.4 months for May.  Making a movement closer to a balanced market for the 34994 zip code area of Stuart, FL.  A 6 to 7 month absorption rate...
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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 July 2017 Market ReportHere is your Rocky Point July 2017 market Report in Stuart Florida:There are currently 36 active listings in Rocky Point.  List prices range from a low of $92,000 up to $1,795,000 which results in an average list price of $380,036 or $177.49 per square foot of living area.17 homes and condos are under contract (pending sales) and awaiting closing.    Listing prices ranged from $62,000 up to $795,000 for an average list price of $299,512 which is $178.19 per square foot of living area.  These properties averaged 122 days on the market before accepting a contract.In the past 12 months, 149 properties have sold in Rocky Point with sales prices ranging from $49,000 to $1,594,500 for an average sales price of $264,273 which equals $146.60 per square foot 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)
Bay Colony of Stuart June 2017 Market ReportAs of June 2017, there was only 1 active listing in the Bay Colony of Stuart. This home is listed for $675,000 or $215.31 per sq. ft. of living area.There is also one home under contract which has not sold to date.  This home was listed for $749,900 which is $211.24. This home was on the market for 88 days before going under contract.3 homes have sold in the past 12 months.  The sales prices were from $610,000 up to $885,000 which averages to  $765,000 which equals $$258.86 per sq. ft. of living area. These sales averaged 97% of listing price and the average days on market prior to going under contract was 179 days.xThe Bay Colony of Stuart is an exclusive gated community lying on the shores of the North Fork of the Saint Lucie River.  There 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)
Fairway Villas in Indian River Plantation June 2017 Market ReportThere are two condos for sale in Fairway Villas on Hutchinson Island in Indian River Plantation for June 2017.  These condos are listed for $325,000 and $375,000 for an average list price of $350,000 which is $215.70 per sq. ft. of living area.There are no condos under contract as of this date.There also have been no sales in the past 12 months.About Fairway Villas in Indian River Plantation:The Fairway Villas of Hutchinson Island in the Indian River Plantation complex of Stuart consist of 10 smaller one and two story buildings close to the Marriott Resort and full-service marina in Indian River Plantation. These villas were built in 1978 with most of the condos having magnificent sweeping views of the Indian River Plantat...
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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)
Seascape Condos in Rocky Point June 2017 Market ReportThere are two condos available to purchase in June 2017.  List prices are $122,000 and $179,000 for an average list price of $150,500 which equals $97.62 per sq. ft. of living area.There aren’t any condos currently under contract.In the past 12 months, 4 Seascape condos have sold.  Sales prices ranged from $90,000 up to $190,000 for an average sales price of  $137,250 which works out to $107.19 per sq. ft. of living area.  These condos were on the market for an average of 39 days before they went under contract and sold for an average of 97% of the list price.About Seascape Condos in Rocky Point in Stuart FL:A complex of 46 condos built from 1985 to 1988 in a very private and secluded area in the Rocky Point community of Stuart FL.  ...
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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)
Tennis Villas June 2017 Market ReportAs of June 2017, there are 2 condos for sale in the Tennis Villas.  These condos are listed for $269,900 and $284,900 for an average list price of $277,400 which is $292.08 per sq. ft. of living area.There are no condos under contract at this time.3 condos have sold in the past 12 months. Sales prices ranged from $227,000 up to $253,000 for an average sales price of $236,000 or $270.95 per sq. ft. of living area. These sales averaged 93% of the listing price with an average days on market of 182 days.About Tennis VillasFor those looking to live in a resort setting with the beaches of the Atlantic Ocean close by as well as a full service Marina, golf course, restaurants and fitness facilities without paying the premium price of most resorts, then 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)
Stuart FL 34997 Condo Market Report May 2017 Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for May 2017   For May 2017 in the 34997 Zip Code area of Stuart, Florida : There are currently 61 active condo listings (Decreased by 9 condos from April). 22 Condo sales are pending and awaiting close or lender approval (Decreased by 22 condos from April). 37 Condos Sold in May (Increased by 32 condos from April).      The Stuart FL condo market for zip code 34997 had a surprisingly large jump in closed sales after a disapointing prior month.  Pending sales are down, though, an it will be very difficult to have this kind of activity continue through the coming summer months.  The inventoy is also down.        The absorption rate plunged to 1.6 months in May from 14 months for Apri...
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