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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 34996 Residential Market Report July 2015  Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for July 2015   For July 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :   There are currently 135 active listings (Down by 1 homes from June). 34 Residential sales are pending and awaiting close or lender approval (Down by 10 homes from June). 11 Homes Sold in July (Increased by 3 homes from June). The 34996 zip code area of the Stuart Florida residential real estate market continues to struggle, though it improved from June’s very poor showing.  Unfortunately pending sales were off considerably this month.  This could be a sign of continued weak activity for the near future. The one month absorption rate for the 34996 zip code area of Stuart Florida...
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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 July 2015 Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for July 2015 For July 2015 in the 34994 Zip Code area of Stuart, Florida :   There are currently 83 active condo listings (Unchanged from June). 24 Condo sales are pending and awaiting close or lender approval. (Decreased by 10 condo from last month)  20 Condos Sold in July (Down by 3 condos from June). The Stuart FL 34994 Condo market showed strong activity for July 2015.  Inventory didn’t go down this month, which is really the only positive as sales slowed for the month.  Though still an active market especially since we are well into the slower months for condo sales. The one month absorption rate increased to 4.2 months compared to last month’s 3.6.  Continuing as a 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 Florida Market Report ZIP Code 34994 Residential July 2015Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for July 2015For July, 2015 in the 34994 Zip Code area of Stuart, Florida :There are currently 62 active listings (Decreased by 2 homes from June)32 Residential sales are pending and awaiting close or lender approval (Decreased by 6 homes from last month). 16 Homes Sold in June (Up by 2 homes from June)The 34994 ZIP code area of the Stuart, Florida continues to perform very well even though the inventory of available homes is getting into ver low and troubling levels.The one month absorption rate for the 34994 zip code for July decreased to 3.9 months from last months 4.6 months, a very strong sellers market.  A 6 month absorption rate is considered a balanc...
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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 Yacht and Country Club of Stuart August 2015 Market ReportAugust 2015 Market Update:There are 7 homes currently for sale in the Yacht and Country Club of Stuart.  Listing prices are from $215,900 to $499,000 for an average list price of $380,271 which works out to $154.30 per sq. ft. of living area.There are currently 4 homes under contract ranging in list price from $269,000 to $570,000.  The average list price of these pending sales is $372,225 or $157.81 per sq. ft. of living area.36 homes have sold in the past 12 months.  Ranging in sales price from $184,000 to $740,000.  The average sales price was $350,565 which comes out to $138.43 per sq. ft. of living area.  These homes sold on average in 84 days with sales prices at 94% of list price. One of the first gated golf communitie...
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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)
VilaBella Town-Home Condos in Stuart FL August 2015 Update In August of 2015 there are no available townhomes for sale in VilaBella. There are also no pending sales currently. In the past 12 months, 9 homes have sold with sales prices ranging from $109,900 to $156,000 with an average sales price of $136,975 which equals $98.80 per sq. ft. of living area.  These sales averaged 28 days on market and sold at 96% of list price.  Entrance to VilaBella Town-Home Condos These new condominiums located in Stuart are just minutes from it all! Located on Central Parkway connecting the two main roads of Kanner Highway and US-1, VilaBella allows residents easy access to all Stuart has to offer but also keeps residents in a peaceful secluded haven. Modern and pet friendly condominiums feature stainle...
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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)
Another Emerald Lakes Home Sold We found the perfect buyer for this single family home in Emerald Lakes in Stuart, FL  4357 SE Scotland Cay Way sold for $200,000.   We negotiated a number of repair concessions from the sellers that they didn’t want to do.  It was our knowledge of contracts and our negotiating skills that made this happen. This is a one owner 3 bedroom 2 full bath 2 car garage single family home located in south Stuart.  This well maintained home has found it’s new owner.  Low HOA fees include landscaping. An ideal winter getaway with minimal maintenance required or the perfect full time home to enjoy your carefree Florida lifestyle. All ages are welcome and this is a pet friendly community.The community of Emerald Lakes lies n the Port Salerno area of Stuart, Florida an...
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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 2015 Market UpdateHere is your Rocky Point July 2015 market update in Stuart Florida:There are currently 33 active listings in Rocky Point.  List prices range from a low of $195,000 to $2,895,000 which results in an average list price of $655,834 or $229.57 per square foot of living area.19 homes are under contract (pending sales) and awaiting closing.    Listing prices ranged from $165,000 to $1,400,000 for an average list price of $364,400 which is $163.97 per square foot of living area.In the past 12 months, 73 homes have sold in Rocky Point with sales prices ranging from $65,000 to $1,035,000 for an average sales price of $285,739 which equals $149.26 per square foot of living area.  The average days on market was 96 with a 95% list to sales price ratio.Rocky Point ...
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By Mark Baker, Serving Palm Beach County FL
(United Realty Group Wellington)
  Rocky Point Stuart Florida Expert Michael Ferguson with Edgewater Realty at (772) 557-2058. Edgewater Property Realty Rocky Point Stuart Real Estate market report.  This in-depth Homes for Sale report for Rocky Point area of Stuart Florida.  Report will cover current MLS Home Listing on the market and the activity on those listings.  The type of listed properties.  Also a detailed look at the recently sold houses with numbers for condos sold and single family homes. Call Stuart Realtor and Rocky Point Real Estate Expert Michael Ferguson with Edgewater Realty at (772)557-2058. https://youtu.be/EnnH6NBofEQ
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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 2015 Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for June 2015     For June 2015 in the 34997 Zip Code area of Stuart, Florida : There are currently 35 active condo listings (Down by 10 condos from May). 19 Condo sales are pending and awaiting close or lender approval (Decreased by 2 condos from May). 17 Condos Sold in June (Decreased by 5 condos from May). The Stuart FL condo market for zip code 34997 continues to outperform the rest of the County in the condo market.  Though the inventory has dropped very significantly and this is reflecting on lower sales and pending sales volume.   The one month absorption rate remains the same as last month at 2 months.  Continuing as an extreme seller’s market for now, though as we get into...
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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 2015 Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for June 2015   There are currently 257 active listings (Decreased by 22 homes from May). 200 Residential sales are pending and awaiting close or lender approval (Decreased by 25 homes from May). 113 Homes Sold in June (Increased by 22 homes from May)       The Stuart Florida Residential Market for ZIP Code 34997 continues to outperform most other Stuart FL areas in the single family real estate market.  Our inventory took another major drop as sales are going faster than homeowners are willing to list on the market.  Closed sales remain very strong, but the reduced inventory will soon result in a lower volume of closed sales as evidenced by the drop in pending ...
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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 2015 Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for June 2015 For June 2015 in the 34996 Zip Code area of Stuart, Florida : There are currently 102 active condo listings (Down by 1 condos last month). 28 Condo sales are pending and awaiting close or lender approval (Decreased by 11 condos from May). 26 Condos Sold in June (Decreased by 7 condos from May)  The Stuart FL 34996 Condo Market continued to be very active through June.  We are seeing a small slowdown of the activity level in this very hot segment of the Stuart FL condo market.  Though, we remain in a sellers market.  I anticipate some more easing as we go into the summer and fall months. The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – incr...
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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 2015  Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for June 2015   For June 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :   There are currently 136 active listings (Down by 11 homes from May). 44 Residential sales are pending and awaiting close or lender approval (Up by 10 homes from May). 8 Homes Sold in June (Decreased by 8 homes from May). The 34996 zip code area of the Stuart Florida residential real estate market continues to show some weakness.  Pending sales are quite strong, but closed sales were off for June. The one month absorption rate for the 34996 zip code area of Stuart Florida for June jumped dramatically to 17 months as compared to May’s 9.2 months.  A pretty good buyers market fot ...
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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 2015 Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for June 2015 For June 2015 in the 34994 Zip Code area of Stuart, Florida :   There are currently 83 active condo listings (Decreased by 8 condos from May). 34 Condo sales are pending and awaiting close or lender approval. (Decreased by 4 condo from last month)  23 Condos Sold in June (Up by 4 condos from May). The Stuart FL 34994 Condo market showed strong activity for June 2015.  Slightly less inventory and pending sales for June, while closed sales were up slightly.  This segment of the market remains quite active. The one month absorption rate decreased to 3.6 months compared to last month’s 4.8.  Continuing as a very strong seller’s market.  Typically a real estate market is 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)
Stuart Florida Market Report ZIP Code 34994 Residential June 2015Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for June 2015For June, 2015 in the 34994 Zip Code area of Stuart, Florida :There are currently 64 active listings (Decreased by 8 homes from May)38 Residential sales are pending and awaiting close or lender approval (Decreased by 7 homes from last month). 14 Homes Sold in May (Up by 1 homes from May)The 34994 ZIP code area of the Stuart, Florida took a small breather last month, but is back strong for June.  Both increased pending and closed activity.  Though, the reduced inventory is troubling.The one month absorption rate for the 34994 zip code for June decreased to 4.6 months from last months 5.5 months, back to a strong sellers market.  A 6 month absorpt...
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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)
July 2015 Lake Tuscany Real Estate Update in Stuart FLAs of July 2015, there are 4  homes available for sale with listing prices from $429,000 to $450,000 at an average list price of $440,997 which is a price per square foot of living area of $113.71.There are no homes currently under contract and awaiting settlement in Lake Tuscany.In the past 12 months, 8 homes have sold in Lake Tuscany ranging in sales price from $327,500 to $444,900 for an average sales price of $362,275 which equals $118.12 per sq. ft. of living area.  These homes took an average of 126 days on market to go under contract and sold at 96% of list price.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 ...
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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 Update for July 2015 – Home of the Champions Golf ClubAs of July 2015: There are 6 homes on the market in Summerfield ranging in listing price from $318,000 to $598,000 for an average of $416,798 which equals $162.55 per square foot of living area.There are 6 homes under contract (pending) awaiting their closing. Listing prices are from $292,000 to $469,000 for an average of $363,166 which equates to $161.14 per square foot of living area.In the past 12 months, 33 homes have sold.  Sales prices ranged from $175,000 to $511,900 for an average sales price of $304,283 which equals $149.06 per square foot of living area.  The average days on market for these sales was 77 days and the average list to sales price was at 96%.Summerfield Golf Club is located on over...
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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 2015 Market ReportAs of June 2015, there are 4 active listings in Tennis Villas. The list prices are $229,000 and $261,000 for an average listing price of $243,250 which equates to $272.75 per sq. ft. of living area.There are currently no condos under contract or pending in the Tennis Villas5 condos have sold in the past 12 months. Sales prices ranged from $210,000 to $255,000 with an average of $229,600 or $242.48 per sq. ft. of living area. These sales averaged 93% of listing price with an average days on market of 178 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, 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)
Vista del Lago June 2015 Market ReportAs of June 2015, there are 3 active listings in Vista del Lago. The list prices range from $49,900 to $74,900 for an average list price of $64,600 which equates to $76.22 per sq. ft. of living area.There are currently two condos under contract which have not closed yet.  List prices were $37,00 and $50,000 for an average of $43,950 which equals $50.02 per sq. ft. of living area.26 condos have sold in the past 12 months. Sales prices were from $33,000 to $85,000 with the average being $59,796. This equals $64.08 pr sq. ft. of living area. The average days on market was 50 days and these condos sold on average at 94% of list price. The Vista del Lago condominium complex consists of over 500 condos located north of the Roosevelt Bridge and west of Fede...
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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 2015 Market ReportAs of June 2015, there is only 1 active listing in the Bay Colony of Stuart. This home is listed for $989,900 or $420.16 per sq. ft. of living area.There are currently no homes under contract or pending.2 homes have sold in the past 12 months.  Ranging in sales price from $344,000 to $433,000. The average sales price was $388,500 which equals $127.99 per sq. ft. of living area. These sales averaged 94% of listing price and the average was 47 days on market.xThe Bay Colony of Stuart is an exclusive gated community lying on the shores of the North Fork of the Saint Lucie River.  There are 34 home sites in Bay Colony and as of February 2015 only two vacant lots remain.Many homes in Bay Colony are waterfront and enjoy gorgeous mile long wide open ...
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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)
June 2015 Market Report Locks Landing in Stuart FloridaAs of June 2015, there are 6 homes on the market in Locks Landing in Stuart Florida.  Listing prices range from $375,000 to $525,000 for an average price of $427,150 which equates to a per square foot of $174.06.There are 3 homes currently under contract.  List prices range from $299,000 to $459,900, or an average list price of $400,933 which equals $160.03 per sq. ft. of living area.In the past 12 months, 12 homes have sold in Locks Landing with sales prices ranging from $259,000 to $495,000 for an average sales price of $372,781 or $147.81 per sq. ft. of living area. These sales averaged at 95% of listing price.Locks Landing in Stuart Florida is a planned unit community of 243 homes on the south eastern shore of the Saint Lucie Wa...
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