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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)
Harborage Yacht Club November 2018 Market ReportFor November 2018 there are 8 active listings in the Harborage Yacht Club with list prices ranging from $195,000 up to $445,000.  This is an average list price of $286,838 which comes out to $212.67 per sq. ft. of living area.There are no condos currently under contract.In the past 12 months, 18 condos have sold.  Sales prices were from $101,400 up to $293,500 for an average sales price of $173,839 which equals $137.69 per sq. ft. of living area.  These condos sold on average at 88% of list price and took an average of 261 days before going under contract.About the 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...
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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)
Sailfish Point December 2018 Market ReportSailfish Point Homes:  There are 24 homes available to purchase in Sailfish Point.  These homes are available for purchase at prices ranging from $899,000 up to $9,995,000.  This is an average list price of $4,109,199 which equals $625.02 per sq. ft. of living area.There is 1 home currently under contract.  The list price was $2,545,000 or $628.71 per sq. ft. of living area.  This home was on the market for 12 days before going under contract.In the past 12 months, 18 homes have sold in Sailfish Point.  Sales prices ranged from $725,000 up to $3,070,000 for an average sales price of $1,436,146 which works out to $350.05.  These homes sold for an average of 91% of the final list price and also averaged 173 days on market before going under contra...
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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)
Buttonwood Condos November 2018 Market ReportFor November 2018, there are 2 condos available for sale in the Buttonwood Condos on Hutchinson Island in Stuart FL.  The list prices are $420,0000 and $825,000 which averages to $622,500 or $307.55 per sq. ft. of living area.No condos are currently under contract in Buttonwood.In the past 12 months, there have been 4 sales in Buttonwood.  Sales prices ranged from $430,000 up to $805,000.  This works out to an average sales price of $605,000 or $303.59 per sq. ft. of living area.  These condos were on the market for an average of 101 days prior to going under contract and sold for an average of 95% of list price.About the Buttonwood Condos on Hutchinson Island:The Buttonwood Condos on Hutchinson Island are some of the most spacious homes avai...
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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 Pines Townhouses November 2018 Market ReportAs of November 2018, there are 4 active listings for River Pines townhouses for sale in Stuart, FL.  Prices range from a low of $169,000 up to $195,000 which equals an average list price of $178,475 or $138.57 per sq. ft. of living area.There is only 1 River Pines townhome under contract awaiting sale.  The list price was $149,000 which is $115.68 per sq. ft. of living area.  This property was on the market for 23 days prior to going under contract.In the past 12 months, 29 townhouses have sold in River Pines with sales prices ranging from$115,000 up to $195,000 which equals to an average sales price of $150,337 or $115.06 per sq. ft. of living area.  These townhomes have been on the market for an average of 77 days prior to going under ...
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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)
Riverbend at IRP November 2018 Market ReportIn November of 2018, there are 2 condos for sale in the Riverbend community of Indian River Plantation.  These condos are listed for $429,000 and $489,000.  This is an average list price of $459,000 or $302.62 per sq. ft. of living area.There are no condos currently under contract.In the past 12 months, 6 condos have sold.  Sales prices ranged from $380,000 up to $535,000.  This is an average sales price of $445,417 which equals $273.65 per sq. ft.  These units sold for an average of 95% of list price and averaged 31 days on market prior to going under contract.About Riverbend in Indian River PlantationThe Riverbend condos of Hutchinson Island in the Indian River Plantation complex of Stuart consist of five three-story elevator buildings close...
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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)
Legacy Cove Stuart FL November 2018 Market ReportThere are currently 4 homes available for sale in Legacy Cove in Stuart, FL.  List prices range from $359,900 up to $429,900.  This is an average list price of $386,925 which works out to $183.02 per sq. ft. of living area.There are no Legacy Cove homes currently under contract awaiting settlement.In the past 12 months, 7 homes have sold in Legacy Cove with sales prices ranging from $335,000 up to $625,000. This is an average sales price of $424,857 which works out to $168.32 per sq. ft. of living area.  These sales averaged 98% of list price and went under contract in an average of 26 days after going on the market.About Legacy Cove in Stuart FL:Legacy Cove in Stuart Florida is a gated lakeside community of 229 homes off Cove Road in Stu...
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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 2018 STUART REAL ESTATE Snapshot for ZIP Code 34997, Condo Sales for October 2018 For October 2018 in the 34997 Zip Code area of Stuart, Florida: There are currently 49 active condo listings (Up by 7 condos from September). 18 Condo sales are pending and awaiting close (Up by 2 condos from September). 16 Condos Sold in October (Unchanged from September).       The Stuart FL condo market for zip code 34997 remains very active even with such historically low inventory levels. Though there was a small rise this month.  Pending sales were up slightly while closed sales remained unchanged for October.      The absorption rate rose to 3.1 months in October compared to 2.6 months for September.  Staying in a strong seller’s market for the 34997 zip ...
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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 2018 STUART FLORIDA REAL ESTATE Snapshot for ZIP Code 34997, Residential Sales for October 2018 For October 2018 in the 34997 Zip Code area of Stuart, Florida: There are currently 316 active listings (Increased by 27 homes from September). 123 Residential sales are pending and awaiting close or lender approval (Unchanged from September). 63 Homes Sold in October (Decreased by 23 homes from September)       The Stuart Florida Residential Market for ZIP Code 34997 remains a strong market.  For October there was a second month of rising inventory while the pending sales numbers remained unchanged.  Closed sales were down when compared to last month.        The absorption rate rose to 5.0 months (was 3.4 months for September).  Still a sell...
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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 2018 STUART REAL ESTATE Snapshot for ZIP Code 34996, Condo Sales for October 2018 For October 2018 in the 34996 Zip Code area of Stuart, Florida : There are currently 127 active condo listings (Up by 27 condos from last month). 22 Condo sales are pending and awaiting close or lender approval (Down by 8 condos from September). 19 Condos Sold in October (Down by 3 condos from September)  The Stuart FL 34996 Condo Market of Stuart showed a good increase in inventory of available condos for sale.  Unfortunately. both pending and closed sales were down for October. The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 6.7 months from September’s 4.5 months. Transitioning back into a balanced market for this segment of...
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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 Forest November 2018 Market ReportAs of November 2018, there are 4 homes for sale in River Forest.  List prices range from $285,000 up to $329,900. This is an average list price of $307,450 which equates to $167.51 per sq. ft. of living area.There are 3 homes currently under contract awaiting settlement.  The list prices of these homes ranged from $265,000 up to $289,900. This is an average list price of $279,933 which equates to $179.44 per sq. ft. of living area. These homes averaged only 3 days on the market before going under contract.In the past 12 months, 11 homes have sold in River Forest.  Sales prices ranged from $260,000 up to $350,000 for an average sales price of $289,708 which equals $163.98 per sq. ft. of living area.  Sales averaged 97% of list price and the average...
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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 2018 STUART REAL ESTATE Snapshot for ZIP Code 34996, Residential Sales for October 2018 For October 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida : There are currently 158 active listings (increased by 7 homes from September). 21 Residential sales are pending and awaiting close (Up by 2 homes from September). 14 Homes Sold in October (Up by 1 home from September). The 34996 zip code area of the Stuart Florida improved marginally from last month. The inventory continued to rise, which is good.  We also had slight increases in both pending and closed sales. The one-month absorption rate for the 34996 zip code area of Stuart Florida for October dropped slightly to 11.3 months as compared to September’s 11.6 months.  Remai...
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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 2018  Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for October 2018 For October 2018 in the 34994 Zip Code area of Stuart, Florida : There are currently 85 active condo listings (Up by 9 condos from September). 45 Condo sales are pending and awaiting close or lender approval. (Decreased by 2 condos from last month)  14 Condos Sold in October (Down by 6 condos from September). The Stuart FL 34994 Condo market showed slightly weaker closed activity from last month along with an increase in inventory of available condos for sale. The absorption rate for October dropped to 6.1 months compared to last month’s 3.8.  Transitioning back into a balanced market for this condo segment of Stuart’s 34994 zip code area.  Typically a real ...
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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 34994 Residential Market Report October 2018STUART REAL ESTATE Snapshot for ZIP Code 34994, Residential Sales for October 2018For September 2018 in the 34994 Zip Code area of Stuart, Florida :There are currently 85 active listings (Up by 13 homes from September)18 Residential sales are pending and awaiting close or lender approval (Increased by 2 homes from last month).15 Homes Sold in May (Decreased by 2 homes from September)The residential real estate market for the 34994 ZIP code area of the Stuart, Florida is showing a welcome increase in inventory.  Unfortunately, sales were off when compared to last month.The one-month absorption rate for the 34994 zip code for October rose to 5.7 months from 4.2 months for September.  Remaining in a seller’s market for the 34994 zi...
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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 Marina November 2018 Market ReportFor November 2018, there are 9 homes available for sale in River Marina in Stuart FL.  4 of these are single family homes and 5 are townhomes and range in price from $205,000 up to $479,990 for an average price of $300,061 or $146.29 per sq. ft. of living area.There are 4 homes under contract (all are townhomes).  List prices were from $196,000 up to $239,900 for an average of $222,075 which equals $137.48 per sq. ft. of living area.  These homes went under contract in an average of 16 days after going on the market.In the past 12 months, 23 homes have sold in River Marina (7 single family homes and 16 townhomes).  Sales prices ranged from $185,000 up to $369,500.  The average sales price was $250,326 which works out to $139.68 per sq. ft. of livi...
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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)
Springtree Stuart FL November 2018 Market ReportFor November 2018 there are two homes available to purchase in Springtree.  The list prices for these homes are $275,000 and $327,500 for an average list price of $301,250 which also equals $159.47 per sq. ft. of living area.There is 1 home under contract in Springtree.  The last list price was $329,900 or $181.66 per sq. ft. of living area. This home was on the market for 48 days prior to going under contract.5 Springtree homes have sold in the past 12 months.  Sales prices ranged from $242,000 up to $325,000 for an average sales price of $278,200 which equals $164.37 per sq. ft. of living area.  Sales prices averaged 97% of list price and these homes took an average of 32 days to go under contract.About the Springtree Community in 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)
Conquistador Homes and Condos Market Report November 2018Homes:  There are no homes currently on the market in Conquistador Estates.There is one home currently under contract.  The list price was $319,999 which works out to $224.56 per sq. ft. of living area.  This home was on the market for 79 days prior to going under contract.In the past 12 months, there have been 8 homes sold in Conquistador Estates.  The sales prices ranged from $235,000 up to $360,000.  This is an average sales price of $278,188 which works out to $158.63 per sq. ft. of living area.  These homes were on the market for an average of 57 days prior to going under contract and sold for an average of 94% of the listed price.Condos:  There are currently 2 condos for sale in Conquistador.  Listing prices are $119,900 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)
Beau Rivage October 2018 Market ReportFor October 2018, there are 3 homes for sale in Beau Rivage.  List prices range from $349,888 up to $989,000 for an average list price of $572,963 or $252.49 per sq. ft. of living area.There are no homes currently under contract in Beau Rivage.In the past 12 months, 8 homes have sold in Beau Rivage.  Sales prices ranged from $165,000 up to $1,150,000.  The average sales price was $376,438 which equaled $197.10 per sq. ft. of living area.  These homes averaged 58 days on market before going under contract and sold for an average of 96% of the last list price.About Beau Rivage Real Estate in Stuart FLNestled along the St. Lucie River in Stuart, Beau Rivage Estates feature beautiful family homes, many with waterfront and ocean access! Imagine being abl...
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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)
Lost River Plantation October 2018 Market ReportAs of October 2018, there are 6 available homes for sale in the Lost River Plantation community of Stuart, FL.  Prices range from $485,315 up to $699,000 for an average price of  $567,386 which equals $201.71 per sq. ft. of living area.There is no homes currently under contract in the Lost River Plantation Community.In the past 12 months, there have been 6 sales ranging in sales prices from $520,000 up to $723,000 for an average sales price of $616,000 which works out to $221.95 per sq. ft. of living area.  Sales prices averaged 96% of the last list price and these homes were on the market for an average of 117 days prior to accepting these offers. About Lost River Plantation in Stuart FL: Lost River Plantation in Stuart, Florida consists ...
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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)
Joes Point October 2018 Real Estate Market ReportAs of October 2018, there are 2 homes for sale in Joes Point on Hutchinson Island.  These homes are listed for $745,000 and $1,800,000.  This works out to an average of $1,272,500 or $346.83 per sq. ft. of living area.There are no homes currently under contract.In the past 12 months, three Joes Point homes have sold.  Sales prices ranged from $850,000 up to $1,200,000. The average sales price was $1,028,333 which works out to $314.40 per sq. ft. of living area.  This homes went under contract in an average of 115 days and sold for 97% of the list price.About Joes Point on Hutchinson Island:One of the most unusual properties on Stuart’s Hutchinson Island is Joes Point.  Located on a private peninsula which juts to the north-west into the m...
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