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)
Pierpoint Yacht Club October 2018 Market ReportThere are no active listings in Pierpoint for October 2018.There are also no condos currently under contract.In the past 12 months, 13 condos have sold in Pierpoint.  Sale prices ranged from $79,900 up to $265,000 for an average sales price of $152,831 which equals $123.36 per sq. ft. of living space.  These condos were under contract in an average of 80 days and sold at an average of 95% of the list price.About the Pierpoint Condos in Stuart FL:This friendly, active 55+ condominium offers two community pools, grills, shuffleboard, a waterfront clubhouse, and dock.Located in the heart of Stuart and on the shores of the wide Saint Lucie River, the Pierpoint Yacht Club Condominiums is the premier adult community in Stuart, Florida. An extreme...
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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 Courtyards at Willoughby October 2018 Market ReportThere is one condo currently for sale in the Courtyards at Willoughby.  The list price is $174,900 which equals $134.75 per sq. ft. of living space.Also, there are no condos currently under contract.In the past 12 months, 6 condos have sold in the Courtyards of Willoughby with sales prices ranging from $167,000 to $185,000 for an average sales price of $173,667 and this equals $135.12 per sq. ft. of living space.  These condos sold for an average of 96% of list price with an average of 56 days on market before going under contract.About the Courtyards at Willoughby: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 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 34997 Condo Market Report September 2018 Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for September 2018 For September 2018 in the 34997 Zip Code area of Stuart, Florida: There are currently 42 active condo listings (Up by 6 condos from August). 16 Condo sales are pending and awaiting close (Down by 9 condos from August). 16 Condos Sold in September (Increased by 4 condos from August).       The Stuart FL condo market for zip code 34997 remains very active even with such historically low inventory levels.  Pending sales were down while closed sales were up for September.      The absorption rate returned to 2.6 months in September compared to 3.0 months for August.  Remaining as a strong seller’s market for the 34997 zip code of Stuart FL.  A 6 to 7-month absor...
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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 September 2018 Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for September 2018 For September 2018 in the 34997 Zip Code area of Stuart, Florida: There are currently 289 active listings (Increased by 27 homes from August). 123 Residential sales are pending and awaiting close or lender approval (Decreased by 14 homes from August). 86 Homes Sold in September (Decreased by 2 homes from August)       The Stuart Florida Residential Market for ZIP Code 34997 remains a very strong market.  For September we saw a decrease in both closed and pending sales as well as an increase in inventory.        The absorption rate edged up to 3.4 months (was 3.0 months for August).  Still a strong seller’s market for the 34997 zip code ar...
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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 2018 Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for September 2018 For September 2018 in the 34996 Zip Code area of Stuart, Florida : There are currently 100 active condo listings (Down by 2 condos from last month). 30 Condo sales are pending and awaiting close or lender approval (Down by 7 condos from August). 22 Condos Sold in September (Up by 6 condos from August)  The Stuart FL 34996 Condo Market of Stuart rebounded from a slow August.  Closed sales were up.  Unfortunately, pending sales were off. The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 4.5 months from August’s 6.4 months. Back, once again, into a seller’s market for this segment of Martin County condos.  A balanced market is ...
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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 2018 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for September 2018 For September 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida : There are currently 151 active listings (increased by 21 homes from August). 19 Residential sales are pending and awaiting close (Down by 2 homes from August). 13 Homes Sold in September (Up by 3 homes from August). The 34996 zip code area of the Stuart Florida improved from last months slow activity.  The inventory took a surprising rise while pending sales were off slightly and closed sales were up a little. The one-month absorption rate for the 34996 zip code area of Stuart Florida for September shot up to 11.6 months as compared to August’s 13 months.  Remaining 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 34994 Condo Market Report September 2018  Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for September 2018 For September 2018 in the 34994 Zip Code area of Stuart, Florida : There are currently 76 active condo listings (Down by 1 condo from August). 47 Condo sales are pending and awaiting close or lender approval. (Decreased by 13 condos from last month)  20 Condos Sold in September (Up by 4 condos from August). The Stuart FL 34994 Condo market remains as a very active market.  pending sales were down from last month and closed sales were up. The absorption rate for September dropped to 3.8 months compared to last month’s 4.8.  Remaining in a strong seller’s market for this condo segment of Stuart’s 34994 zip code area but drifting towards a balanced one.  Ty...
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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)
Sandpebble Condos Hutchinson Island September 2018 Market ReportSeptember 2018 Market Update for the Sandpebble Condo and Beach Club on Hutchinson Island in Stuart, Florida:There are currently 4 condos for sale in Sandpebble. The list prices range from $319,000 up to $389,000.  This works out to an average list price of $344,250 which is $311.75 per sq. ft. of living area.There is 1 pending Sandpebble condo currently under contract.  The list price was $450,000 or $313.37 per sq. ft. of living area.  This condo went under contract 21 days after being listed.In the past 12 months, 16 Sandpebble condos have sold.  Sales prices ranged from $275,000 to $450,000.  This is an average sales price of $344,400 which works equals $278.42 per sq. ft. of living area.  These sales averaged 96% of li...
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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 September 2018Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for September 2018For August 2018 in the 34994 Zip Code area of Stuart, Florida :There are currently 72 active listings (Up by 1 home from August)16 Residential sales are pending and awaiting close or lender approval (Decreased by 12 homes from last month).17 Homes Sold in May (Increased by 2 homes from August)The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues to show good activity.  Pending sales were off this month which could be an indication of a slower market in the next few months.The one-month absorption rate for the 34994 zip code for September dipped to 4.2 months from 4.7 months for August.  Remaining in a 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)
de la Bahia Waterfront Condos September 2018 Market ReportFor September 2018 there are 4 condos available for sale in de la Bahia.  These condos range in price from $108,700 up to $139,900.  This is an average list price of $120,850 which equals $176.43 per sq. ft. of living area.There is 1 condo currently under contract.  The list price was $129,000 or $157.32 per sq. ft. of living area.  This condo was on the market for 71 days prior to going under contract.In the last 12 months, 17 condos have sold.  Sales prices ranged from $92,000 up to $170,000.  The average sales price was $122,971 which works out to $145.55 per sq. ft. of living area.  These condos sold for an average of 92% of list price and went under contract in an average of 70 days on market.About the de la Bahia Waterfront...
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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)
Galleon Bay September 2018 Market ReportThere is one home currently for sale in the Galleon Bay community of Hutchinson Island in Stuart FL.  The list price is $6,400,000 or $604.63 per sq. ft. of living area.There are no homes under contract in the Galleon Bay community.In the past 12 months, no homes have sold.  The last sale took place in July 2016 with a sales price of $1,965,000 which equaled $365.65 per sq. ft. of living area.  This home was on the market for 238 days before going under contract and sold for 87% of the last list price.  There are two new homes under construction at the present time.About Galleon Bay on Hutchinson Island:Galleon Bay on Hutchinson Island is an exclusive gated oceanfront community just north of the Stuart Causeway.  Very well located close to shoppin...
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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)
Banyan House Condos Stuart FL September 2018 Market ReportThere are currently 2 condos for sale in the Banyan House condos in Stuart FL.  These two condos are listed for $189,000 and $198,500.  This is an average list price of $193,750 which is $141.43 per sq. ft. of living area.There is one condo with a pending contract.  The list price was $208,000 or $151.82 per sq. ft. of living area.  This condo was on the market for 69 days prior to going under contract.In the past 12 months, only 1 condo has sold in the Banyan House.  The sales price was $121,000 which equals $88.32 per sq. ft. of living area.  This condo was on the market for 4 days before going under contract and it sold for 101% above list price.About the Banyan House Condos in Stuart FL:Located on Saint Lucie Blvd 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)
Southwood Real Estate Market Report September 2018For September 2018 there are no homes for sale in the Southwood community of Stuart, FL.There are also no homes under contract.In the past 12 months, 6 homes have sold in the Southwood subdivision of Stuart.  The sales prices ranged from $345,000 up to $435,000.  This is an average sales price of $388,983 which works out to $194.61 per sq. ft. of living area.  These homes went under contract in an average of 40 days.  These homes sold for an average of 98% of the last list price.About Southwood in Stuart, FL:Southwood is a small community of 115 home sites located just south east of Salerno Rd on Kanner Highway in Stuart FL.  This location makes it easy for anyone wishing to commute either north or south as it’s only a few minutes to I-9...
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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 2018 STUART REAL ESTATE Snapshot for ZIP Code 34997, Condo Sales for August 2018 For August 2018 in the 34997 Zip Code area of Stuart, Florida: There are currently 36 active condo listings (Down by 8 condos from July). 25 Condo sales are pending and awaiting close (Up by 4 condos from July). 12 Condos Sold in August (Decreased by 5 condos from July).       The Stuart FL condo market for zip code 34997 is still a very strong market, but the inventory of available condos has now shrunk to unprecedented low levels.  Surprisingly, both pending and closed sales remain quite strong considering the low inventory.      The absorption rate rose to 3.0 months in August compared to 2.6 months for July.  Remaining as a strong seller’s market for the 34997...
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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 2018 STUART FLORIDA REAL ESTATE Snapshot for ZIP Code 34997, Residential Sales for August 2018 For August 2018 in the 34997 Zip Code area of Stuart, Florida: There are currently 262 active listings (Increased by 4 homes from July). 137 Residential sales are pending and awaiting close or lender approval (Decreased by 27 homes from July). 88 Homes Sold in August (Increased by 8 homes from July)       The Stuart Florida Residential Market for ZIP Code 34997 remains very active with strong sales.  Pending sales were off significantly this month.  This may result in some lower closed sales volume in the coming months. The inventory remained relatively steady for this month after numerous months of decreases in the number of available homes fo...
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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)
Martins Crossing Real Estate Market Report September 2018 There are currently 3 homes for sale in Martins Crossing.  Prices range from $319,000 to $399,900 for an average list price of $352,933 which equals $147.03 per sq. ft. of living area. There are 2 homes under contract.  List prices were $189,900 and $287,500 for an average list price of $238,700 which is $139.77 per sq. ft. of living area.  These homes went under contract in an average of 10 days. In the past twelve months, 50 homes have sold in Martins Crossing.  Sales prices ranged from a low of $172,000 to a high of $415,000 for an average sales price of $259,965 which equates to $140.32 per sq. ft. of living area.  These homes sold at an average of 97% of listed price and were under contract in an average of 61 days. About M...
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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 2018 STUART REAL ESTATE Snapshot for ZIP Code 34996, Condo Sales for August 2018 For August 2018 in the 34996 Zip Code area of Stuart, Florida : There are currently 102 active condo listings (Down by 4 condos from last month). 37 Condo sales are pending and awaiting close or lender approval (Up by 12 condos from July). 16 Condos Sold in August (Down by 10 condos from July)  The Stuart FL 34996 Condo Market of Stuart weakened somewhat for August.  Sales were down significantly.  There was an increase in pending sales which will hopefully mean an increase in closed sales in the near future. The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 6.4 months from July’s 4.1 months.  Into a balanced market for this segme...
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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)
Willoughby Cay Real Estate Market Report September 2018 As of September 2018, there are no homes for sale in Willoughby Cay. There are also no homes under contract. In the past 12 months, only 2 Willoughby Cay homes have sold.  Sales prices were $255,000 and $270,000 for an average sales price of $262,500 which equals $169.47 per sq. ft. of living area.  These homes averaged 14 days on market before going under contract and sold for an average of 98% of list price. About Willoughby Cay in Stuart FL: Willoughby Cay is a small gated community located on Willoughby Blvd across the street from the prestigious Willoughby Golf Club and consists of 51 buildings of 2 attached villas each (for a total of 102 residences).  These homes were built from 2002 to 2004 by Showcase Designer Homes. Thes...
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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 2018 STUART REAL ESTATE Snapshot for ZIP Code 34996, Residential Sales for August 2018 For August 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida : There are currently 130 active listings (increased by 2 homes from July). 21 Residential sales are pending and awaiting close (Unchanged from July). 10 Homes Sold in August (Down by 15 homes from July). The 34996 zip code area of the Stuart Florida seems to have hit a road bump for August.  Closed sales were off by a significant amount while the other metrics were mostly unchanged. The one-month absorption rate for the 34996 zip code area of Stuart Florida for August shot up to 13 months as compared to July’s 5.1 months.  Into a strong buyer’s market 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 August 2018  Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for August 2018 For August 2018 in the 34994 Zip Code area of Stuart, Florida : There are currently 77 active condo listings (Down by 7 condos from July). 60 Condo sales are pending and awaiting close or lender approval. (Increased by 3 condos from last month)  16 Condos Sold in August (Unchanged from July). The Stuart FL 34994 Condo market remains a strong market with a strong number of pending sales.  This should result in some strong sales in the coming months. The absorption rate for August dipped to 4.8 months compared to last month’s 5.3.  Remaining in a seller’s market for this condo segment of Stuart’s 34994 zip code area but drifting towards a balanced one.  Typicall...
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