Stuart, FL Real Estate News

By Lynn V. Marino Realtor, RSPS, ABR, "Let me Cater to your Real Estate Needs"
This home is in a 55+ active community located across from the St. Luce River and next to Martin County Golf Course in Stuart, FL. Corner, Garden Patio home, updated, light and bright. Kitchen has solid wood cabinets with granite counter tops, deco black appliances. Master bathroom renovated with large walk in shower and sitting area, raised vanity with a linen closet. Large Master bedroom has walk in closet.Hallway has additional closets and washer/dryer hook up.Beautiful 20x20 ceramic tiles throughout.Living room area has built in bookcases. This corner Condo has a larger garden patio then most. Short walk to the pool and BBQ area. Watch the sun rise on the community day dock or enjoy fishing. Golf course next to community. close to beach,shopping, restaurants. Priced to sell! FURNITU...
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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 February 2016Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for February 2016For February, 2016 in the 34994 Zip Code area of Stuart, Florida :There are currently 69 active listings (Up by 10 homes from January)24 Residential sales are pending and awaiting close or lender approval (Increased by 10 homes from last month).13 Homes Sold in January (Up by 3 homes from January)The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had a weaker month to begin the new year after a very strong finish to 2016.The one month absorption rate for the 34994 zip code for February dropped to 5.3 months from 5.9 months for January. Back into a sellers market for the 34994 zip code area 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)
North River Shores February 2016 Market UpdateThe North River Shores February 2016 Market Update for Stuart Florida:There are currently 5 active listings in North River Shores. List prices range from $279,900 to $1,250,000. The average list price is $557,966 based on $265.62 per square foot of living area.2 homes are under contract (pending sales). List prices were $339,900 and $650,000 for an average of $494,950 which equates to a $237.07 price per sq. ft. of living area. These two homes averaged 93 days on the market before accepting offers. In the past 12 months, 30 homes have sold in North River Shores at an average sales price of $477,390 or at $195.18 per square foot of living area. Sales prices ranged from $95,500 to $2,050,000 and averaged 94% of the last list price. These homes...
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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)
Angler Cove Condos February 2016 Market UpdateThere are currently 2 Angler Cove condos available for sale. The list rices are $210,000 and $310,000 which works out to an average price of $260,000 or $187.09 per sq. ft. of living area. There are no condos under contract at this time in Angler Cove In the past 12 months there have been 6 sales. Sales prices ranged from $172,000 to $320,000 for an average sales price of $226,333 or $170.69 per sq. ft. of living area. The list to sales prices averaged at 93%. These condos averaged 202 days on market before going under contract. (Please consider that some condos in Angler Cove have deeded docks and some don't. This can add to the wide disparity of both listing and sales prices) Angler Cove Condos on Hutchinson Island in Stuart Florida is 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)
Four Winds on the River Condo February 2016 Market ReportThere is only one condo currently available for sale in Four Winds on the River in Stuart FL. This condo is listed for $229,000 or $168.51 per sq. ft. of living area. There are no condos currently under contract. In the past 12 months, 4 condos have sold in Four Winds. Sales prices ranged from $165,000 to $215,000 for an average sales price of $185,000 which equals $136.80 per sq. ft. of living area. These condos sold for an average of 93% of the last listed price and averaged 115 days on market prior to accepting these offers.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 updates and upgrades in recent years. Only 39 un...
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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 2016 Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for January 2016  For January 2016 in the 34997 Zip Code area of Stuart, Florida :There are currently 79 active condo listings (Up by 16 condos from December). 29 Condo sales are pending and awaiting close or lender approval (Increased by 10 condos from December). 8 Condos Sold in January (Decreased by 13 condos from December). The Stuart FL condo market for zip code 34997 started off 2016 with a slow start. While both the inventory and pending sales increased (a good sign for future activity), closed sales too a dive for January.     The one month absorption rate plunged to 3 months from 9.9 months for December. Back into a buyers market after last months sellers market. A 6 to...
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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 2016 Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for January 2016 There are currently 299 active listings (Decreased by 9 homes from December). 156 Residential sales are pending and awaiting close or lender approval (Decreased by 7 homes from December). 88 Homes Sold in January (Increased by 16 homes from December) The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the strongest segment of the Martin County single family real estate market. We have seen an unfortunate continuation of a decrease in inventory which is going to effect future sales unless this trend reverses. The current one month absorption rate remained almost the same at 3.4 months (was 5.0 months for Decem...
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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 2016 Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for January 2016 For January 2016 in the 34996 Zip Code area of Stuart, Florida :There are currently 123 active condo listings (Up by 21 condos last month). 37 Condo sales are pending and awaiting close or lender approval (Increased by 6 condos from December). 11 Condos Sold in January (Decreased by 7 condos from December) The Stuart FL 34996 Condo Market of Stuart started out 2016 with pretty weak numbers as compared to both last year and last month. Sales declined for January, while pending sales were up but still no where near as strong as last year's numbers. The current absorption rate for the Stuart Florida condos in ZIP Code 34996 decreased to 11.2 months from December'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)
Stuart FL 34996 Residential Market Report January 2016 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for January 2016  For January 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :  There are currently 160 active listings (Down by 10 homes from December).  42 Residential sales are pending and awaiting close or lender approval (Up by 18 homes from December). 10 Homes Sold in January (Decreased by 2 homes from December). The 34996 zip code area of the Stuart Florida residential real estate market had a drop in sales and inventory for the beginning of the year. The good news is the big jump in pending sales which should result in better closed sale numbers in the following months. The one month absorption rate for the 34996 zip code area of Stuart Flori...
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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 2016 Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for January 2016 For January 2016 in the 34994 Zip Code area of Stuart, Florida :  There are currently 102 active condo listings (Up by 9 condos from December). 28 Condo sales are pending and awaiting close or lender approval. (Decreased by 1 condos from last month) 15 Condos Sold in January (Down by 2 condos from December). The Stuart FL 34994 Condo market started the year with slower sales activity than the end of last year, but still better than this period from last year. Nice to see a bit of an increase in inventory. I hope this will continue. The one month absorption rate increased to 6.8 months compared to last month's 5.5. Back into a balanced market. Typically a real es...
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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 January 2016Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for January 2016For January, 2016 in the 34994 Zip Code area of Stuart, Florida :There are currently 59 active listings (Unchanged from December)14 Residential sales are pending and awaiting close or lender approval (Decreased by 4 homes from last month).1o Homes Sold in December (Down by 2 homes from December)The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had a weaker month to begin the new year after a very strong finish to 2015.The one month absorption rate for the 34994 zip code for January jumped to 5.9 months from last months 4.9 months. Just about a balanced market market for the 34994 zip code area of Stuart,...
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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 Golf Club Market Report for July 2015 - Home of the Champions Golf ClubAs of January 2016, there are 10 homes on the market in Summerfield ranging in listing price from $290,000 to $427,850 for an average list price of $347,647 which equals $170.29 per square foot of living area. Of these 10 homes, three are in the Summerfield Point section which is an area of 13 new homes being built by D. R. Horton.There are 5 homes under contract (pending) awaiting their closing. Listing prices are from $218,000 to $439,900 for an average list price of $338,260 which equates to $169.02 per square foot of living area. These homes averaged 63 days on the market prior to receiving an accepted offer.In the past 12 months, 31 homes have sold. Sales prices ranged from $238,000 to $511,900 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)
Stuart FL 34997 Condo Market Report December 2015 Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2015  For December 2015 in the 34997 Zip Code area of Stuart, Florida :There are currently 63 active condo listings (Up by 5 condos from November). 19 Condo sales are pending and awaiting close or lender approval (Decreased by 10 condos from November). 21 Condos Sold in December (Increased by 12 condos from November). The Stuart FL condo market for zip code 34997 continues with excellent activity for December. Our inventory rose for the fifth month in a row and we now have surpassed last years active number of condos for sale. Pending sales were off unfortunately, but there was a very strong month of closed sales in December.     The one month absorption rate plung...
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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 December 2015 Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for December 2015 There are currently 308 active listings (Decreased by 3 homes from November). 163 Residential sales are pending and awaiting close or lender approval (Decreased by 1 homes from November). 62 Homes Sold in December (Decreased by 3 homes from November) The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the strongest segment of the Martin County single family real estate market. For December, there has been very little changes from the previous month. The current one month absorption rate remained almost the same at 5.0 months (was 4.8 months for November). Continuing as a sellers market for the 34997 segment...
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By Robert Bob Gilbert, Your Katy TX ( West of Houston) Real Estate Expert
(Berkshire Hathaway HomeServices Anderson Properties)
Ringing and Singing in the Rain with Gabe Sanders  I had the pleasure of speaking with Gabe Sanders earlier this week. I have been reading and communicating in the Rain with Gabe for a fairly long time now. Gabe Sanders  is intelligent and very talented guy. He has had an interesting life and is an excellent Realtor with lots of knowledge.I immediately thought of calling Gabe when I saw this January Challenge posted.  Gabe is a Team Leader with BlueWater Realty which specializes in Martin County FL Residential Homes, Condos and Land sales. He prefers to be involved in all the technical aspects of the business. He has a engineering degree from NYU which explains his technical expertise at least to me. .     Gabe joined the Air Force and was  flying C-141 transport planes in South East As...
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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 December 2015 Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for December 2015 For December 2015 in the 34996 Zip Code area of Stuart, Florida :There are currently 102 active condo listings (Up by 8 condos last month). 31 Condo sales are pending and awaiting close or lender approval (Decreased by 1 condos from November). 18 Condos Sold in December (Increased by 2 condos from November) The Stuart FL 34996 Condo Market of Stuart continues to do well. Another increase in inventory that we were in bad need of. And, pending and closed sales continue to do well. The current absorption rate for the Stuart Florida condos in ZIP Code 34996 decreased to 5.7 months from November's 5.9 months. A small move towards a sellers market. 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 34996 Residential Market Report December 2015 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for December 2015  For December 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :  There are currently 170 active listings (Up by 23 homes from November). 24 Residential sales are pending and awaiting close or lender approval (Down by 10 homes from November). 12 Homes Sold in December (Increased by 6 homes from November). The 34996 zip code area of the Stuart Florida residential real estate market is on a bit of a roller coaster as we regained all of the lost inventory from last month. Sales also doubled from November, though there's still plenty of room for improvement. The one month absorption rate for the 34996 zip code area of Stuart Florida for ...
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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 December 2015 Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for December 2015 For December 2015 in the 34994 Zip Code area of Stuart, Florida :  There are currently 93 active condo listings (Down by 3 condos from November). 29 Condo sales are pending and awaiting close or lender approval. (Increased by 5 condos from last month) 17 Condos Sold in December (Up by 4 condos from November). The Stuart FL 34994 Condo made a nice comeback for December. Somewhat surprising as we are not yet into the start of the peak seasonal condo market. But, it's welcome none the less. The one month absorption rate dropped to 5.5 months compared to last month's 7.4. Back into a sellers market. Typically a real estate market is 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 Florida Market Report ZIP Code 34994 Residential December 2015Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for December 2015For December, 2015 in the 34994 Zip Code area of Stuart, Florida :There are currently 59 active listings (Decreased by 2 homes from November)19 Residential sales are pending and awaiting close or lender approval (Decreased by 6 homes from last month).12 Homes Sold in November (No change from November)The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed little changes from the previous month. Sales were unchanged while both pending sales and active inventory both dropped slightly.The one month absorption rate for the 34994 zip code for December decreased to 4.9 months from last months 5.1 months. 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)
Edgewater Villas Condominiums January 2016 Market ReportFor January 2016 there are 3 condos available for sale in the Edgewater Villas of Stuart FL. List prices range from $385,000 to $499,000 which averages to $428,000 or $267.94 per sq. ft. of living area. There are no units under contract at this time. In the past 12 months, 1 condo has sold. The sales price was $335,000 or $214.61 per sq. ft. of living area. This condo sold for 95% of the list price and went under contract 23 days after it was listed.Edgewater Villas CondominiumsJust west of Historic Downtown Stuart and on the shores of the Saint Lucie River lies the Edgewater Villas Condominiums. This complex consists of two waterfront buildings of four stories on over 2 acres that were built in 1976. These are luxury condos with e...
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