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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 May 2017 Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for May 2017   There are currently 291 active listings (Decreased by 39 homes from April). 168 Residential sales are pending and awaiting close or lender approval (Down by 9 homes from April). 104 Homes Sold in May (Increased by 24 homes from April)       The Stuart Florida Residential Market for ZIP Code 34997 showed a decrease in inventory for may along with a sizeable jump in closed sales.  The pending numbers are off a bit and may show some slower closed sale activity for the near future.      The absorption rate increased to 2.8 months (was 4.1 months for April).  We’re in an extreme sellers’ market for the 34997 zip code area of Stuart for may 2017.  Typica...
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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)
Saint Lucie Club Condos – June 2017 Market ReportFor early June 2017, there is only one available condo for sale in the St Lucie Club Condos (officially known as the Saint Lucie Club Apartment Homes Condo).  This condo is listed for $220,000 or $162.84 per sq. ft. of living area.There is one condo currently under contract.  It was listed for $225,000 or $166.54 per sq. ft. of living area and was on the market only 3 days prior to going under contract.In the past 12 months, there have not been any sales in this condo community.About the Saint Lucie Club Condos in Stuart FloridaI’m sure you’ve heard the term “location, location, location” when it comes to real estate.  Well, the Saint Lucie Club Condos in Stuart FL is one of these places.  Close to everything, yet conveniently located on ...
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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 May 2017 Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for May 2017 For May 2017 in the 34996 Zip Code area of Stuart, Florida : There are currently 137 active condo listings (Decreased by 11 condos from last month). 36 Condo sales are pending and awaiting close or lender approval (Increased by 1 condos from April). 30 Condos Sold in May (Down by 10 condos from April)  The Stuart FL 34996 Condo Market of Stuart had continued strong sales activity for May.  The inventory decreased while there was little change in pending sales as closed sales were down from last month. The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 4.6 months from April’s 3.7 months.  Remaining as a sellers market for this segment ...
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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 May 2017  Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for May 2017   For May 2017 in the Stuart Florida Market Report ZIP Code 34996 Florida :   There are currently 148 active listings (Down by 15 homes from April). 64 Residential sales are pending and awaiting close or lender approval (Up by 15 homes from April). 26 Homes Sold in May (Increased by 5 homes from April). The 34996 zip code area of the Stuart Florida residential real estate market showed a very strong May with increases in both pending and closed sales while the inventory of available properties for sale decreased. The one month absorption rate for the 34996 zip code area of Stuart Florida for May jumped to 5.7 months as compared to April’s 7.8 months.  Back ...
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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 May 2017  Stuart FL Snapshot for ZIP Code 34994, Condo Sales for May 2017 For May 2017 in the 34994 Zip Code area of Stuart, Florida :   There are currently 85 active condo listings (Down by 5 condos from April). 41 Condo sales are pending and awaiting close or lender approval. (Increased by 10 condos from last month)  18 Condos Sold in May (Down by 11 condos from April). The Stuart FL 34994 Condo market continues with solid activity levels.  Closed sales were off for the month when compared to the excellent numbers for April, but pending sales are up which should mean solid sales for the coming months. The absorption rate for May increased to 4.7 months compared to last month’s 3.1.  Remaining in a sellers’ market for this condo segment of Stuart’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)
May 2017 Market Report for Ocean House in Indian River PlantationMay 2017 Market Report for Ocean House Condos in Indian River Plantation, Hutchinson Island in Stuart, FLCurrently, there are 3 active listing on the market in Ocean House, with list prices from $595,000 up to $637,000 for an average list price of $610,333 which equates to $455.47 per square ft. of living area.There are no condos currently under contract awaiting settlement.In the past 12 months, there have 3 sales in Ocean House.  The sales prices were from $440,000 up to $637,500 for an average sales price of  $512,500 or $370.98 per square foot of living area.  These condos sold for an average of 92% of the last list price and went under contract in an average of 296 days after being listed.One of the newest buildings i...
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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 May 2017Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for May 2017For May, 2017 in the 34994 Zip Code area of Stuart, Florida :There are currently 71 active listings (Increased by 2 homes from April)32 Residential sales are pending and awaiting close or lender approval (Decreased by 1 homes from last month). 16 Homes Sold in April (Up by 4 homes from April)The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues with strong activity for May.The one month absorption rate for the 34994 zip code for May decreased to 4.4 months from 5.8 months for April.  Trending back towards more of a sellers’ market for the 34994 zip code area of Stuart, FL.  A 6 to 7 month absorption rate i...
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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)
Coral Lakes – May 2017 Market ReportFor May 2017 there are two homes available for sale in Coral Lakes in Stuart FL.  These homes are listed for $305,000 and $390,000 for an average of $347,500 which is equal to $158.32 per sq. ft. of living area.There is one home currently under contract in Coral Lakes.  This home was listed for $272,000 or $154.90 per sq. ft. of living area and was on the market for 32 days before going under contract.Only one home has sold in the past 12 months Coral Lakes.  This home sold for $251,000 or $103.51 per sq. ft. of living area. It was on the market for only 6 days before going under contract and sold for 108% of the list price.About Coral Lakes:The gated Stuart FL community of Coral Lakes is off Willoughby Blvd between Pomeroy Street and Salerno Road.  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)
 Harborage Yacht Club Condos in Stuart Florida Located just north of the charming historical heart of Martin County, Stuart’s downtown and just across the Roosevelt Bridge is one of Stuart’s newest waterfront communities, the Harborage Yacht Club and Marina. Located on the shores of the wide Saint Lucie River and only minutes to access the Atlantic Ocean via the Saint Lucie Inlet and then either great fishing or travel to points beyond.The Harborage Yacht Club and Marina consist of a newer condo development with 2 and 3 bedroom luxury residences called cottages, almost all with sweeping water views. Developed by well renowned Altman Development Corporation and constructed from 2004 to 2006.  Completely sold out at its unveiling, many units are currently available at deeply discounted pr...
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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)
Sunset Cove Condos in Stuart FLSunset Cove is a beautiful condo complex north of the Roosevelt Bridge in Stuart FL and just south of the North River Shores area of Stuart.  This four story elevator equipped condo building lies on the east side of the north fork of the Saint Lucie River with magnificent wide water views from all 32 condos.This building was built in 1981 and has deep water dockage with easy ocean access as well as a pool, Jacuzzi and club house.  Residents enjoy reserved covered parking spaces as well as ample guest parking.  Great location with just a short hop across the bridge to enjoy all the amenities of historic downtown Stuart.  Also, easy access to shopping, restaurants and the Treasure Coast Mall.These are spacious 2 bedroom condos with either 1,570 sq. ft. or 1,...
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By Florida Tolbert Team Keller Williams Advantage, Keller Williams Land Luxury Division Specialist
(Keller Williams Advantage III Realty in Lake Nona)
Two Day Open House with Diane Buchholz of Keller Williams RealtyCall Diane for more information 772-834-0671.June 17th and 18th from 1PM to 4 PM.If this is not the house for you, Diane can find you what you want. Ocean Access Home in Martin County School System Area 716 River Bend Circle, Stuart, FL 34997 716RiverBendCircle.IsForMe.com Remarks Welcome Home to your immaculate custom designed 4 bedroom, Den, 3 bath, Pool Home located in Lost River Plantation of Stuart, Florida. Enter to a grand entrance with a formal dining area to the right and a den with closet to the left. Den has wood laminate flooring. Home is split plan with Master Suite separate from the other bedrooms for complete privacy. The master suite is complete with tray ceilings, sitting area, large windows, and a private ...
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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)
May 2017 Market Report for River Pines in Stuart FLAs of May 2017, there are 6 active listings for River Pines townhomes for sale in Stuart, FL.  Prices range from a low of $145,000 up to $170,000 which equals to an average list price of $157,983 or $110.86 per sq. ft. of living area.There are 7 River Pines townhomes under contract awaiting sale.  List prices are from $136,000 to $165,000 for an average list price of $149,986 or $116.45 per sq. ft. of living area.  These properties averaged 100 days on the market prior to going under contract.In the past 12 months, 22 townhouses have sold in River Pines with sales prices ranging from$95,000 to $153,000 which equals to an average sales price of $139,141 or $107.25 per sq. ft. of living area.  These townhomes have been on the market for 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)
The Estuary – April 2017 Market ReportThe Estuary of Stuart FL contains both homes and condos.  Here is the April 2017 market report for this gated community:HomesThere are 2 homes for sale in the Estuary.  List prices are $729,000 and $1,200,000 for an average list price of $964,500 or $387.06 per sq. ft. of living area.There are no homes currently under contract.In the past 12 months, 3 homes have sold in the Estuary.  Sales prices ranged from $278,400 up to $625,000 for an average sales price of $432,467 or $201.78 per sq. ft. of living area. These homes sold for an average of 93% of list price and went under contract in an average of 25 days.CondosThere are 2 condos currently available in the Estuary.  List prices are $156,000 and $169,900 for an average list price of $162,950 which...
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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 April 2017 Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for April 2017   For April 2017 in the 34997 Zip Code area of Stuart, Florida : There are currently 70 active condo listings (Decreased by 5 condos from March). 44 Condo sales are pending and awaiting close or lender approval (Unchanged from March). 5 Condos Sold in April (Decreased by 13 condos from March).      The Stuart FL condo market for zip code 34997 showed a large (and unexpectd0 decrease in closed sales for the month.  Pending sales remain strong, so this may just be a one month anomaly.        The absorption rate jumped to 14 months in April from 4.2 months for March.  A big shift into a buyers’ market for the 34997 zip code 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)
Stuart FL 34997 Residential Market Report April 2017 Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for April 2017   There are currently 330 active listings (Decreased by 2 homes from March). 177 Residential sales are pending and awaiting close or lender approval (Down by 12 homes from March). 80 Homes Sold in April (Decreased by 14 homes from March)       The Stuart Florida Residential Market for ZIP Code 34997 continues with strong activity however the activity slowed from last month as well as last year.      The absorption rate increased to 4.1 months (was 3.5 months for March).  Still in a sellers’ market for the 34997 zip code area of Stuart.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption ...
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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 April 2017 Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for April 2017 For April 2017 in the 34996 Zip Code area of Stuart, Florida : There are currently 148 active condo listings (Unchanged from last month). 35 Condo sales are pending and awaiting close or lender approval (Decreased by 23 condos from March). 40 Condos Sold in April (Up by 4 condos from March)  The Stuart FL 34996 Condo Market of Stuart had continued strong sales activity for April but a sizeable drop in pending sales.  This is often an indication of upcoming slower closed activity in the next few months. The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 3.7 months from March’s 4.1 months.  The second month of a sellers market for t...
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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 April 2017  Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for April 2017   For April 2017 in the Stuart Florida Market Report ZIP Code 34996 Florida :   There are currently 163 active listings (Down by 4 homes from March). 49 Residential sales are pending and awaiting close or lender approval (Down by 9 homes from March). 21 Homes Sold in April (Decreased by 15 homes from March). The 34996 zip code area of the Stuart Florida residential real estate market eased a bit from march with declines in both pending and closed sales. The one month absorption rate for the 34996 zip code area of Stuart Florida for April jumped to 7.8 months as compared to March’s 4.6 months.  A buyers market once again 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 Real Estate Snapshot for ZIP Code 34994, Condo Sales for April 2017 For April 2017 in the 34994 Zip Code area of Stuart, Florida :   There are currently 90 active condo listings (Up by 2 condos from March). 31 Condo sales are pending and awaiting close or lender approval. (Decreased by 7 condos from last month)  29 Condos Sold in April (Up by 8 condos from March). The Stuart FL 34994 Condo market continues to be a strong sellers market.  There was a sizeable increase in closed sales from last month along with a decrease in pending sales.  Might be an indication of a bit less activity for the coming months. The absorption rate for April dropped to 3.1 months compared to last month’s 4.2.  Drifting into a stronger sellers’ market for this condo segment of Stuart’s 34994 zip code ar...
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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 April 2017Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for April 2017For April, 2017 in the 34994 Zip Code area of Stuart, Florida :There are currently 69 active listings (Unchanged from March)33 Residential sales are pending and awaiting close or lender approval (Decreased by 1 homes from last month). 12 Homes Sold in March (Down by 3 homes from March)The residential real estate market for the 34994 ZIP code area of the Stuart, Florida retreated a bit with both pending sales and closed sales decreasing for the month of April.The one month absorption rate for the 34994 zip code for April increased to 5.8 months from 4.6 months for March.  Once again approaching a balanced market for the 34994 zip code area of 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)
Suntide Condos on Hutchinson Island April 2017 Market Update As of April 2017, there are 5 condos on the market in Suntide on Hutchinson Island in Stuart FL.  Listing prices range from $249,000 to $379,000 with an average list price of $305,380 which equals $242.90 per sq. ft. of living area. There is one condo under contract which has not sold to date.  The list price is $315,000 or $176.57 per sq. ft. of living area.  This condo was on the market for 90 days before going under contract. There have been 5 condos sold in the past 12 months in Suntide.  The sales prices ranged from $310,000 to $360,000 for an average sales price of $335,800 which equals $266.05 per sq. ft. of living area. These sales averaged at 97% of the last list price and also were on the market for an average of 29...
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