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 September 2015 Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for September 2015 For September 2015 in the 34994 Zip Code area of Stuart, Florida :  There are currently 71 active condo listings (Down by 5 condos from August). 35 Condo sales are pending and awaiting close or lender approval. (Increased by 8 condos from last month) 11 Condos Sold in September (Down by 3 condos from August). The Stuart FL 34994 Condo market while still active is showing reduced activity as we head into the off season. The low inventory levels is quite apparent and I'm hoping this will reverse in the coming months or at latest by early next year. Though even with the low inventory, pending sales increased for the month indicating better closed activity 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 Florida Market Report ZIP Code 34994 Residential September 2015Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for September 2015For September, 2015 in the 34994 Zip Code area of Stuart, Florida :There are currently 57 active listings (Increased by 5 homes from August)28 Residential sales are pending and awaiting close or lender approval (Increased by 7 homes from last month).12 Homes Sold in August (Up by 3 homes from August)The residential real estate market for the 34994 ZIP code area of the Stuart, Florida improved from last month. All tracked market activities increased for September. It's good to see an increase in inventory. Hopefully this will continue.The one month absorption rate for the 34994 zip code for September decreased to 4.8 months from last mo...
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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)
October 2015 Update for the Courtyards at WilloughbyThere is only one active listing in the Courtyards at Willoughby for the beginning of October 2015. This condo is listed for $144,900 or for $111.63 per sq. ft. of living area.There are no properties currently under contract.In the past 12 months, 10 condos have sold in the Courtyards with sales prices ranging from $112,000 to $175,000 for an average sales price of $129,750 and this equals $105.41 per sq. ft. of living space. These condos sold for an average of 98% of list price in an average of 41 days on market.The charming townhomes in the Courtyards at Willoughby are located close to Historic Downtown Stuart as well as many other shopping, dining and entertainment areas that Stuart, Jensen Beach and Palm City have to offer. There a...
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By Andrew Sesta, ABR,CIAS,GRI,SFR
(The Keyes Company- Sesta & Associates)
The Keyes Company Stuart is the New Home for our Sesta & Associates Real Estate Sales Team. We are now located in the amazing River Front Dunn Office Building located at 309 SE Osceola St Suite 204 Stuart, Fl 34994. Keyes Real Estate Mortgage and Title has over 30 locations from the Treasure Coast to South Florida. New Office Locations in Port St Lucie and Hobe Sound. We are so excited to be part of the amazing company and look forward to building many great relationships. Sesta & Associates Real Estate Sales Team serves all of Martin and St Lucie County Real Estate.
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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 2015 Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for August 2015  For August 2015 in the 34997 Zip Code area of Stuart, Florida :There are currently 46 active condo listings (Up by 8 condos from July). 18 Condo sales are pending and awaiting close or lender approval (Increased by 6 condos from July). 6 Condos Sold in August (Decreased by 4 condos from July). The Stuart FL condo market for zip code 34997 slowed for the second month n a row. While not totally unexpected as we head into the off season for condo sales, this was a fairly large decrease, especially when compared to the other zip codes we track for the Stuart condo market.   The one month absorption rate increased to 7.7 months from 3.8 months for July. Big decrease 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 FL 34997 Residential Market Report August 2015 Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for August 2015 There are currently 247 active listings (Increased by 15 homes from July). 174 Residential sales are pending and awaiting close or lender approval (Decreased by 16 homes from July). 79 Homes Sold in August (Decreased by 4 homes from July) The Stuart Florida Residential Market for ZIP Code 34997 remains one of the strongest local markets. The good news is that the inventory actually rose this month after many, many months of declines. Activity did slow some, but this is still a super hot segment and still a sellers market. The current one month absorption rate increased to 3.1 months (was 2.8 months for July). Remaining in a very strong seller'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 Condo Market Report August 2015 Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for August 2015 For August 2015 in the 34996 Zip Code area of Stuart, Florida : There are currently 78 active condo listings (Down by 14 condos last month). 53 Condo sales are pending and awaiting close or lender approval (Increased by 11 condos from July). 20 Condos Sold in August (Increased by 4 condos from July)  The Stuart FL 34996 Condo Market is bucking the trend for the off season with increased activity for August.  Both closed and pending sales increased while the level of inventory decreases to very low numbers.  This level of activity will be unsustainable if the inventory doesn’t rise soon.  This is good news for sellers as the prices continue to rise and demand seems...
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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 Market Report for September 2015There are currently 3 homes for sale in South Fork Estates in Stuart FL.  The listing prices are from $389,900 to $469,900 for an average list price of $416,566 which equates to $183.70 per sq. ft. of living area.There is one home under contract.  The list price was $309,900 which is equal to $125.11 per sq. ft. of living area.  And, this home was on the market for 66 days before going under contract.  This is a bank owned home.In the past 12 months, there have been 6 sales in South Fork Estates.  Sales prices ranged from $310,000 to $490,000.  The average sales price was $383,766 which works out to a per square foot of living area price of $161.40.   These homes were on the market for an average of 51 days before going under contract 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 34996 Residential Market Report August 2015  Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for August 2015   For August 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :   There are currently 139 active listings (Up by 4 homes from July). 32 Residential sales are pending and awaiting close or lender approval (Down by 2 homes from July). 14 Homes Sold in August (Increased by 3 homes from July). The 34996 zip code area of the Stuart Florida residential real estate market is slowly but surely making a come back to good activity.  While there’s still room for improvement, sales were up and pending sales are also strong for good potential future activity. The one month absorption rate for the 34996 zip code area of Stuart Florida for August cont...
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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 2015 Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for August 2015 For August 2015 in the 34994 Zip Code area of Stuart, Florida :   There are currently 76 active condo listings (Down by 7 condos from July). 27 Condo sales are pending and awaiting close or lender approval. (Increased by 3 condos from last month)  14 Condos Sold in August (Down by 6 condos from July). The Stuart FL 34994 Condo market while still active is showing reduced activity as we head into the off season.  The low inventory levels is quite apparent and I’m hoping this will reverse in the coming months or at latest by early next year. The one month absorption rate increased to 5.4 months compared to last month’s 4.2.  Still in a seller’s market, but headed 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)
September 2015 Market Report for Martins CrossingThere are currently 7 homes and townhomes for sale in Martins Crossing.  Prices range from $167,900 to $417,800 for an average list price of $292,628 which equals $129.04 per sq. ft. of living area.There are 7 homes under contract.  List prices range from $159,900 to $339,888 for an average list price of $262,762 which is $118.25 per sq. ft. of living area.  On average these homes went under contract in 49 days.In the past twelve months, 50 homes have sold in Martins Crossing.  Sales prices ranged from $121,800 to $330,000 for an average sales price of $220,26 which equates to $114.95 per sq. ft. of living area.  These homes sold at an average of 96% of listed price and were under contract in an average of 54 days.Located in the intimate,...
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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 August 2015 Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for August 2015 For August, 2015 in the 34994 Zip Code area of Stuart, Florida : There are currently 52 active listings (Decreased by 10 homes from July) 21 Residential sales are pending and awaiting close or lender approval (Decreased by 11 homes from last month).   9 Homes Sold in July (Down by 7 homes from July) The residential real estate market for the 34994 ZIP code area of the Stuart, Florida slowed a bit from the torrid pace of last month.  Though it’s still an active market.  The most troubling statistic is the sharp drop in inventory. The one month absorption rate for the 34994 zip code for August increased to 5.8 months from last months 3.9 mo...
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By Michael Ferguson, Real Estate Brokerage located in Stuart Florida
(Edgewater Property-Realty)
 The following is a market report for the residential development of The Yacht and Country Club in Stuart, Florida brought to you by Michael Ferguson Visit me online. In this Real Estate Market report we will cover the current homes on the market, the types of houses available, the current market prices within the Gated Community and the statistics of the sales of the 90 day sold properties including the property types and financing terms. This Real Estate Market Report will give home buyers and sellers a good understanding of the Home Prices in the development of The Yacht and Country Club located in Stuart, FL. Current MLS Real Estate for Sale 16 homes listed 3 marked Pending 4 marked Active Contingent 1 accepting Back Up orders 8 homes available for sale  Market Activity on MLS Listi...
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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)
Kingswood Condo August 2015 Market Report August 2015 Market Update:There are 8 condos currently for sale in the Kingswood condo community of Stuart FL.  Listing prices are from$49,900 to $98,000 for an average list price of $67,825 which equals $66.36 per sq. ft. of living area.There are currently 4 condos under contract with list prices from$52,0000 to $119,00 for an average list price for these pending sales of $85,225 or $73.53 per sq. ft. of living area.29 condos have sold in the past 12 months.  Ranging in sales price from $28,000 to $85,000.  The average sales price was $55,833 which comes out to $53.29 per sq. ft. of living area.  These condos sold on average of 67 days on market days with sales prices at 89% of list price.Kingswood Condos are located in the heart of Stuart and ...
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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)
Lakeside Condos Indian River Plantation August 2015 Market ReportFor August 2015, there is only one active listing in Lakeside.  This condo is listed at $250,000 which equals $227.27 per sq. ft. of living area.There are no condos under contract and awaiting settlement.In the past 12 months, 6 condos have sold in Lakeside with sales prices ranging from $107,5000 to $194,000.  The average sales price was $124,583 which equals a $176.43 price per sq. ft. of living area.  Sales equaled a 94% list to sales price ratio and the average days on market was 409.For 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 Lake...
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By Michael Ferguson, Real Estate Brokerage located in Stuart Florida
(Edgewater Property-Realty)
  Rocky Point Stuart Florida Condo Market Report Brought to you by Michael Ferguson with Edgewater Property / Realty in Stuart Florida. This detailed Condos for Sale Report will give you a detailed look at he condos for sale in the Rocky Point area in Stuart. The report will go over the current market listings, and the recent activity on those listings. Also the current prices of the listed condos. Buyers, find out what kind of discounts the buyers are getting on condos. Sellers, find out what buyers are paying per square foot to help determine an accurate sales price strategy. Michael Ferguson goes over even more information packed video report. http://www.edgewaterpr.com 5909 S Federal Hwy, Stuart, Florida 34997 Phone: (772) 577-0258.
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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)
Tres Belle August 2015 Market ReportAugust 2015 Market Update:There are 7 homes currently for sale in the Tres Belle subdivision of Stuart FL.  Listing prices are from $579,900 to $1,067,183 for an average list price of $774,840 and works out to $201.60 per sq. ft. of living area.  A number of these homes are new construction from Kolter Homes.  Those interested, please ask about our new home buyer rebate program.There are currently 2 homes under contract with list prices of $550,0000 and $649,900 for an average list price for these pending sales of $599,950 or $171.46 per sq. ft. of living area.21 homes have sold in the past 12 months.  Ranging in sales price from $480,000 to $765,714.  The average sales price was $615,657 which comes out to $183.52 per sq. ft. of living area.  These h...
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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 2015 Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2015     For July 2015 in the 34997 Zip Code area of Stuart, Florida : There are currently 38 active condo listings (Up by 3 condos from June). 12 Condo sales are pending and awaiting close or lender approval (Decreased by 7 condos from June). 10 Condos Sold in July (Decreased by 7 condos from June). The Stuart FL condo market for zip code 34997 showed reduced closed and pending sales.  This was expected as we head into the slower summer months and also with such a low amount of available condos currently for sale.   The one month absorption rate increased to 3.8 months from 2 months for June.  Continuing as a strong seller’s market for now, though as we get into summer 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 FL 34997 Residential Market Report July 2015 Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for July 2015   There are currently 232 active listings (Decreased by 25 homes from June). 190 Residential sales are pending and awaiting close or lender approval (Decreased by 10 homes from June). 83 Homes Sold in July (Decreased by 30 homes from June)       The Stuart Florida Residential Market for ZIP Code 34997 continues as the best performing segment of the Stuart residential market.  Both closed and pending sales are doing well, though as the inventory shrinks, the sales volume can’t keep up with the torrid pace set from last month.      The current one month absorption rate increased to 2.8  months (was 2.3 months for June).  Remaining in a very strong se...
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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 2015 Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for July 2015 For July 2015 in the 34996 Zip Code area of Stuart, Florida : There are currently 92 active condo listings (Down by 10 condos last month). 42 Condo sales are pending and awaiting close or lender approval (Increased by 16 condos from June). 16 Condos Sold in July (Decreased by 10 condos from June)  The Stuart FL 34996 Condo Market moderated a bit for July.  Closed sales were down from the previous month and unfortunately the inventory continues to drop.  Surprisingly there was a large jump in pending sales which is a good indication for continued strong activity for the remainder of the summer.. The current absorption rate for the Stuart Florida condos in ZIP Code 3499...
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