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)
January 2016 Market Report Circle Bay Waterfront Condos Stuart FL As of January 2016, there are 7 condos for sale in the Circle Bay Yacht Club of Stuart FL. Listing prices range from $149,900 to $215,000. The average listing price $176,528 which equals a price per square foot of living area of $176.93. There are 4 Circle Bay condos under contract and awaiting close. The list prices are from $129,900 to $259,000 for an average list price of $174,400 which equals $162.18 per sq. ft. of living area. These condos averaged 123 days on market prior to receiving an acceptable offer. In the past 12 months, 19 Circle Bay Waterfront Condos have sold. Sales prices ranged from $90,000 to $220,000 for an average sales price of $160,060 which is $154.08 per sq. ft. These condos sold for an average 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)
Rocky Point Estates January 2016 Market ReportThere are currently 3 homes available for sale in Rocky Point Estates. List prices are from $239,900 to $269,000 for an average list price of $257,966 which equals $168.62 per sq. ft. of living area. Two homes are under contract. List prices are $329,000 and $375,000 for an average list price of $352,000 or $196.75 per sq. ft. These two homes averaged only 6 days on the market prior to receiving an accepted offer. In the past 12 months, 13 homes have sold in Rocky Point Estates. Sales prices ranged from $200,000 up to $430,000 for an average sales price of $294,307 which works out to $170.66 per sq. ft. of living area. These homes sold for an average of 95% of the last list price and in 81 days of being on the market prior to receiving an ac...
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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 Village December 2015 Market ReportThere is only one River Village Condo available for sale as of late December 2015. The list price for this condo is $359,000 which equals $370.10 per sq. ft. of living area. There is also one condo under contract that has yet to close. The list price was $249,900 which equals $257.63 per sq. ft. of living area. This condo was on the market for over 200 days prior to accepting this offer. In the past 12 months, 3 condos have sold in River Village. Sales prices ranged from $229,900 up to $290,000 for an average sales price of $268,633 or $258.78 per sq. ft. of living area. These condos sold for an average of 92% of the last listing price and were on the market for an average of 25 days prior to accepting a contract.River Village in Indian River Pla...
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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 November 2015 Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for November 2015  For November 2015 in the 34997 Zip Code area of Stuart, Florida :There are currently 58 active condo listings (Down by 1 condos from October). 29 Condo sales are pending and awaiting close or lender approval (Increased by 8 condos from October). 9 Condos Sold in November (Decreased by 3 condos from October). The Stuart FL condo market for zip code 34997 showed positive results for November. Our inventory rose for the fourth month in a row and we now have surpassed last years figures. Pending sales rose by a good margin while closed sales were off. Indications look very positive for the height of the season for condos coming in the next few months.     The one...
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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 November 2015 Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for November 2015 There are currently 311 active listings (Increased by 3 homes from October). 164 Residential sales are pending and awaiting close or lender approval (Increased by 1 homes from October). 65 Homes Sold in November (Decreased by 1 homes from October) 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've had three months of increased inventory, and the sales activity seems to be absorbing all this product very strongly as we remain in a sellers market. The current one month absorption rate remained almost the same at 4.8 months (wa...
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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 November 2015 Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for November 2015 For November 2015 in the 34996 Zip Code area of Stuart, Florida :There are currently 94 active condo listings (Up by 15 condos last month). 32 Condo sales are pending and awaiting close or lender approval (Increased by 3 condos from October). 16 Condos Sold in November (Decreased by 10 condos from October) The Stuart FL 34996 Condo Market of Stuart continues to do well. The inventory had a nice increase, now two months in a row, as well as an increase in the number of pending sales. Unfortunately, closed sales were off for November. Though, I suspect the number of sales will rise dramatically as we enter the season in the next few months. The current absorptio...
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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 November 2015 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for November 2015  For November 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :  There are currently 143 active listings (Down by 18 homes from October). 34 Residential sales are pending and awaiting close or lender approval (Up by 17 homes from October). 6 Homes Sold in November (Decreased by 6 homes from October). The 34996 zip code area of the Stuart Florida residential real estate market lost most of the increased inventory from last month. Much of it appears to have gone under contract with the increase in the number of pending sales. Unfortunately, closed sales were a bit disappointing. The one month absorption rate for the 34996 zip code are...
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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 2015 Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for November 2015 For November 2015 in the 34994 Zip Code area of Stuart, Florida :  There are currently 96 active condo listings (Up by 9 condos from October). 24 Condo sales are pending and awaiting close or lender approval. (Decreased by 4 condos from last month) 13 Condos Sold in November (Down by 2 condos from October). The Stuart FL 34994 Condo market retreated a bit in November. While this is not unexpected as we are into the off season for condos, it is still less than last year at this time. Hopefully the increased inventory will result in some better activity as we come into the high season for condo activity. The one month absorption rate increased to 7.4 months comp...
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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 November 2015Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for November 2015For November, 2015 in the 34994 Zip Code area of Stuart, Florida :There are currently 61 active listings (Increased by 5 homes from October)25 Residential sales are pending and awaiting close or lender approval (Decreased by 5 homes from last month).12 Homes Sold in October (Up by 4 homes from October)The residential real estate market for the 34994 ZIP code area of the Stuart, Florida swing back to an active month prior to the holiday season, with a very nice increase in closed sales. Inventory was up slightly and unfortunately the pending sales ( a sign of potential future activity) dropped a little.The one month absorption rate 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)
Beachwood Villas Hutchinson Island December 2015 Market ReportThere is currently one active listing in Beachwood Villas of Hutchinson Island. The list price is $299,000 which equals $252.53 per sq. ft. of living area. There is currently one pending sale in Beachwood Villas. The list price is $185,000 which equates to $156.25 per sq. ft. of living area. 6 condos have sold in Beachwood Villas in the past 12 months. The sales prices ranged from $170,000 to $360,000 which is an average sales price of $263,166 or $239.20 per sq. ft. of living area. These condos sold for an average of 93% of the final listed price and in an average of 150 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. Convenient...
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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 2015 Market ReportThere are currently no active listings in the Plantation House of Hutchinson Island. There are no currently pending sales in the Plantation House. Five condos sold in the Plantation House in the past 12 months. The sales prices ranged from $312,500 to $432,500 for an average sales price of $373,500 or $261.96 per sq. ft. of living area. These condos sold for an average of 92% of the last listed price and went under contract in an average of 163 days after going on the market.Located on the shores of the Atlantic Ocean, the Plantation House Condos are within the Indian River Plantation are of South Hutchinson Island which is the finest resort community in Martin County/Stuart FL. The Plantation House was built in ...
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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 2015 Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2015  For October 2015 in the 34997 Zip Code area of Stuart, Florida :There are currently 59 active condo listings (Up by 7 condos from September). 21 Condo sales are pending and awaiting close or lender approval (Increased by 2 condos from September). 12 Condos Sold in October (Increased by 4 condos from September). The Stuart FL condo market for zip code 34997 showed positive results for October. Our inventory rose for the third month in a row and we also had some nice gains in both pending and closed sales. Somewhat unusual as we head into the typically slower months for condo activity.     The one month absorption rate decreased to 4.9 months from 6.5 months 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 34997 Residential Market Report October 2015 Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for October 2015 There are currently 308 active listings (Increased by 31 homes from September). 163 Residential sales are pending and awaiting close or lender approval (Increased by 11 homes from September). 66 Homes Sold in October (Decreased by 15 homes from September) The Stuart Florida Residential Market for ZIP Code 34997 is the largest and has been the strongest segment of the Martin County single family real estate market. Nice to see a couple of months of increased inventory. The current one month absorption rate increased to 4.7 months (was 3.4 months for September). Most of this increase is due to the stronger inventory numbers and we still remain ...
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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 2015 Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for October 2015 For October 2015 in the 34996 Zip Code area of Stuart, Florida :There are currently 79 active condo listings (Up by 3 condos last month). 29 Condo sales are pending and awaiting close or lender approval (Decreased by 12 condos from September). 26 Condos Sold in October (Decreased by 3 condos from September) The Stuart FL 34996 Condo Market is bucking the trend for the off season with increased activity for October. Nice to see even a small increase in inventory as this segment of the Stuart condo market remain red hot. The current absorption rate for the Stuart Florida condos in ZIP Code 34996 plunged to 3.0 months from September's 2.6 months. Continuing as a ve...
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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 2015 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for October 2015  For October 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :  There are currently 161 active listings (Up by 25 homes from September). 17 Residential sales are pending and awaiting close or lender approval (Down by 10 homes from September). 12 Homes Sold in October (Unchanged from September). The 34996 zip code area of the Stuart Florida residential real estate market had a surprising jump in inventory for October. While this should be good news for buyers as there is a better selection of available homes, the corresponding increase in sales activity has not yet materialized. The one month absorption rate for the 34996 zip code area...
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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 October 2015 Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for October 2015 For October 2015 in the 34994 Zip Code area of Stuart, Florida :  There are currently 87 active condo listings (Up by 16 condos from September). 28 Condo sales are pending and awaiting close or lender approval. (Decreased by 7 condos from last month) 15 Condos Sold in October (Up by 4 condos from September). The Stuart FL 34994 Condo market while still active is showing reduced activity as we head into the off season. Though remaining in a good and steady balanced market vicinity. The one month absorption rate increased to 5.8 months compared to last month's 6.5. Continuing to hover in the balanced market area. Typically a real estate market is considered to be ...
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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 October 2015Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for October 2015For October, 2015 in the 34994 Zip Code area of Stuart, Florida :There are currently 55 active listings (Dercreased by 2 homes from September)30 Residential sales are pending and awaiting close or lender approval (Increased by 2 homes from last month).8 Homes Sold in September (Down by 4 homes from September)The residential real estate market for the 34994 ZIP code area of the Stuart, Florida slid back a little for October as closed sales decreased. Pending sales remain strong and I expect this segment of the Stuart real estate market to remain healthy for next year.The one month absorption rate for the 34994 zip code for October decreased...
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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 September 2015 Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for September 2015  For September 2015 in the 34997 Zip Code area of Stuart, Florida :There are currently 52 active condo listings (Up by 6 condos from August). 19 Condo sales are pending and awaiting close or lender approval (Increased by 1 condos from August). 8 Condos Sold in September (Increased by 2 condos from August). The Stuart FL condo market for zip code 34997 showed positive results for September after two months of fairly slow activity. Our inventory rose for the second month in a row and we also had small gains i both pending and closed sales.   The one month absorption rate decreased to 6.5 months from 7.7 months for August. Back into a balanced market after last...
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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 September 2015 Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for September 2015 For September 2015 in the 34996 Zip Code area of Stuart, Florida :There are currently 76 active condo listings (Down by 2 condos last month). 41 Condo sales are pending and awaiting close or lender approval (Decreased by 12 condos from August). 29 Condos Sold in September (Increased by 9 condos from August) The Stuart FL 34996 Condo Market is bucking the trend for the off season with increased activity for September. As we head into the off season for condo sales, this segment of the Stuart condo market has seen some very strong activity, though the greatly reduced active inventory is cause for some serious concern. This will impact future numbers if we don'...
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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 September 2015 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for September 2015  For September 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :  There are currently 136 active listings (Down by 3 homes from August). 27 Residential sales are pending and awaiting close or lender approval (Down by 5 homes from August). 12 Homes Sold in September (Decreased by 2 homes from August). The 34996 zip code area of the Stuart Florida residential real estate market continues to struggle a bit, especially when compared to the neighboring zip codes. There are many luxury properties in this area and it's not uncommon for these to take a bit longer to sell than the more modestly priced homes in other areas. The one month ab...
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