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... 09/26/2018

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... 09/25/2018

Stuart Florida 34994 Residential Market Report August 2018STUART REAL ESTATE Snapshot for ZIP Code 34994, Residential Sales for August 2018For July 2018 in the 34994 Zip Code area of Stuart, Florida :There are currently 71 active listings (Unchanged from July)28 Residential sales are pending and awaiting close or lender approval (Decreased by 2 homes from last month).15 Homes Sold in May (Decreased by 6 homes from July)The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had a somewhat weaker month than last month.  Both closed and pending sales decreased.  The inventory remained unchanged.The one-month absorption rate for the 34994 zip code for August rose to 4.7 months from 3.4 months for July.  Remaining in a seller’s market for the 34994 zip code are... 09/24/2018

South Fork Estates Real Estate Market Report for September 2018 There are currently 2 homes for sale in South Fork Estates in Stuart FL.  The listing prices are $465,000 and $575,000 for an average list price of $520,000 which equates to $206.03 per sq. ft. of living area. There is one home under contract at this time in South Fork Estates.  The list price was $460,000 or $191.67 per sq. ft. of living area.  This home went under contract 26 days after coming on the market. In the past 12 months, there has been only 1 sale in South Fork Estates.  This home sold for $410,000 which was $164.66 per square foot of living area.   This home was on the market for an 120 days before going under contract and sold for 94% of the listed price. About South Fork Estates in Stuart FL: A unique privat... 09/22/2018

Tres Belle September 2018 Market ReportThere are 3 homes currently for sale in the Tres Belle subdivision of Stuart FL.  Listing prices are from $709,888 to $769,800 for an average list price of $738,129 which works out to $202.38 per sq. ft. of living area.There is one home under contract.  The list price was $699,500 or $228.82.  This home was on the market for 186 days prior to going under contract.Eight homes have sold in the past 12 months.  Sales prices ranged from $620,000 up to $774,000.  The average sales price was $699,813 which comes out to $209.52 per sq. ft. of living area.  These homes sold on average of 74 days with sales prices at 98% of list price.About Tres Belle in Stuart FL: The Tres Belle Estates in Stuart FL is a Kolter Homes development of approximately 167 homes ... 09/13/2018

Mariner Sands August 2018 Market ReportFor late August 2018, there are 24 properties for sale in Mariner Sands.  These 24 properties include a mix of condos and homes.  The list prices range from $154,500 up to $599,000 for an average list price of $313,995 which works out to $140.27 per sq. ft. of living area.There are 6 homes under contract (pending) which have not completed the sales process to date.  List prices were from $199,000 up to $479,000 for an average of $327,750 or $146.27 per sq. ft. of living area.  These homes averaged 29 days on market prior to going under contract.In the past 12 months, 44 homes and condos have sold.  Sales prices ranged from $110,000 up to $840,000 for an average sales price of $409,225 which equals $143.91 per sq. ft. of living area.  These homes av... 09/07/2018

Lakeside Condos Indian River Plantation August 2018 Market ReportFor August 2018, there are 8 active listings for sale in Lakeside in Indian River Plantation on Hutchinson Island.  The listing prices for these condos ranged from $159,900 up to $284,000 for an average list price of $226,886 which works out to $276.34 per sq. ft. of living area.There are no condos under contract and awaiting settlement.In the past 12 months, 9 Lakeside Condos have sold with sales prices ranging from $190,000 up to $289,000 for an average sales price of $228,250 which is $223.85 per sq. ft. of living area.  These condos sold for an average of 95% of the list price and in an average of 260 days on market (before going under contract).About the Lakeside Condos in Indian River Plantation: For those looking to... 09/04/2018

Stuart FL Seller TestimonialThe seller was kind enough to write this after the sale of his Stuart FL home: While searching through the townhouses for sale in Emerald Lakes to see what improvements had been made Gabe connected us and was very understanding in what I had told him I had been doing. He even offered to come by and give suggestions. He then sent a listing of past and present sales for us to look over. This stood out in our minds when the decision to sell came up rather quickly. Gabe came over and impressed us with his pleasant friendly attitude and suggesting a good selling price. We were very impressed at how fast the sale was accomplished - twenty some days! Thank you Gabe!  R. Glover 08/29/2018

Stuart FL 34997 Condo Market Report July 2018 STUART REAL ESTATE Snapshot for ZIP Code 34997, Condo Sales for July 2018 For July 2018 in the 34997 Zip Code area of Stuart, Florida: There are currently 44 active condo listings (Down by 6 condos from June). 21 Condo sales are pending and awaiting close (Down by 5 condos from June). 17 Condos Sold in July (Decreased by 1 condos from June).       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.      The absorption rate inched down to 2.6 months in July compared to 2.8 months for June.  Remaining as a strong seller’s market for the 34997 zip code of Stuart FL.  A 6 to 7-month absorption rate is typically considered to be a balanced ... 08/27/2018

VilaBella Town-Home Condos in Stuart FL August 2018 Market ReportFor August of 2018, there are no townhomes for sale in VilaBella.There are also no pending sales currently in VilabellaIn the past 12 months, 8 townhomes have sold with sales prices ranging from $150,000 up to $201,000 with an average sales price of $173,350 which equals $132.85 per sq. ft. of living area.  These sales averaged 31 days on market before going under contract and sold at 96% of list price. About Vilabella in Stuart FL:  Entrance to VilaBella Town-Home Condos  Officially known as Vilabella Central Park Condos in Stuart FL this community is made up of 112 attached townhome style condos that were built in 2006.  These homes range in size from 3 Bedroom, 3 Bath (two level) units with 1,607 sq. ft. of living area ... 08/27/2018

Mariner Cay August 2018 Market ReportThere are 10 properties on the market in Mariner Cay in Stuart FL.  5 homes and 5 condos.  List prices range from $323,000 up to $2,595,000 for an average list price of $824,889 or $298.44 per sq. ft. of living area.There are no homes or condos are under contract at this time.In the past 12 months, 12 properties have sold in Mariner Cay: 7 condos and 5 homes.  Sales prices ranged from $190,000 up to $1,735,000 for an average sales price of $627,966 which works out to $250.34 per sq. ft. of living area.  These homes and condos averaged 123 days on market before going under contract and sold for an average of 94% of the last listed price.About the Mariner Cay Community:Why should you look into Mariner Cay real estate? The real estate market has much to... 08/25/2018

Stuart FL 34997 Residential Market Report July 2018 STUART FLORIDA REAL ESTATE Snapshot for ZIP Code 34997, Residential Sales for July 2018 For July 2018 in the 34997 Zip Code area of Stuart, Florida: There are currently 258 active listings (Decreased by 5 homes from June). 164 Residential sales are pending and awaiting close or lender approval (Increased by 15 homes from June). 80 Homes Sold in July (Decreased by 14 homes from June)       The Stuart Florida Residential Market for ZIP Code 34997 remains very active with strong sales.  Pending sales were off this month which 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 for sale.        The abs... 08/24/2018

Stuart FL 34996 Condo Market Report July 2018 STUART REAL ESTATE Snapshot for ZIP Code 34996, Condo Sales for July 2018 For July 2018 in the 34996 Zip Code area of Stuart, Florida : There are currently 106 active condo listings (Unchanged from last month). 25 Condo sales are pending and awaiting close or lender approval (Down by 13 condos from June). 26 Condos Sold in July (Down by 3 condos from June)  The Stuart FL 34996 Condo Market of Stuart remains a very active market.  Sales and pending sales were off from last month and no help with any increase in inventory.  Hopefully, this is just a seasonal slow down which is typical for condos in our area. The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 4.1 months from June’s 3.7 months.  Still in a stron... 08/23/2018

Stuart FL 34996 Residential Market Report July 2018 STUART REAL ESTATE Snapshot for ZIP Code 34996, Residential Sales for July 2018 For July 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida : There are currently 128 active listings (increased by 23 homes from June). 21 Residential sales are pending and awaiting close or lender approval (Down by 13 homes from June). 25 Homes Sold in July (Down by 1 homes from June). The 34996 zip code area of the Stuart Florida residential real estate market continues to be an active market but somewhat weaker than last month.  On a positive note, the inventory did rise for July. The one-month absorption rate for the 34996 zip code area of Stuart Florida for July rose to 5.1 months as compared to June’s 4.0 months.  Remaining as a seller’... 08/22/2018

Stuart FL 34994 Condo Market Report July 2018  Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for July 2018 For July 2018 in the 34994 Zip Code area of Stuart, Florida : There are currently 84 active condo listings (Up by 1 condos from June). 57 Condo sales are pending and awaiting close or lender approval. (Increased by 2 condos from last month)  16 Condos Sold in July (Decreased by 9 condos from June). The Stuart FL 34994 Condo market weakened slightly from last month but still is an active market.  Close sales were down but we have a good supply of pending sales. The absorption rate for July rose to 5.3 months compared to last month’s 3.3.  Remaining in a seller’s market for this condo segment of Stuart’s 34994 zip code area but drifting towards a balanced one.  Typi... 08/21/2018

Islander 12 Condos Real Estate Market Report August 2018For August 2018, there are no condos available for sale in the Islander 12 condo community of Hutchinson Island in Stuart FL.There are also no condos under contract.In the past 12 months, there have been 3 sales in Islander 12.  These condos sold for prices ranging from $305,000 up to $310,000 which is an average sales price of $308,000 or $246.60 per sq. ft. of living area.  These condos were on the market for an average of 194 days before going under contract.  They sold for an average of 92% of list price.About the Islander 12 Condos on Hutchinson Island:The Islander 12 Condos of Hutchinson Island in Stuart FL is a small condo community of only 12 units that were built in 1973.  This direct Ocean access condo community features ... 08/21/2018

Stuart Florida 34994 Residential Market Report July 2018 STUART REAL ESTATE Snapshot for ZIP Code 34994, Residential Sales for July 2018 For June 2018 in the 34994 Zip Code area of Stuart, Florida : There are currently 71 active listings (Up by 2 homes from June) 30 Residential sales are pending and awaiting close or lender approval (Increased by 2 homes from last month). 21 Homes Sold in May (Increased by 4 homes from June) The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues to show very strong activity in single family real estate sales. The one-month absorption rate for the 34994 zip code for July dipped to 3.4 months from 4.1 months for June.  Remaining in a seller’s market for the 34994 zip code area of Stuart, FL.  A 6 to 7-month absorp... 08/20/2018

The Yacht and Country Club of Stuart August 2018 Market ReportAugust 2018 Market Update:There are 12 homes currently for sale in the Yacht and Country Club of Stuart.  Listing prices range from $189,900 to $1,375,000 for an average list price of $622,825 which works out to $212.15 per sq. ft. of living area.There are currently 2 homes under contract with list prices of $325,000 and $549,900.  The average list price of these pending sales is $437,450 or $198.61 per sq. ft. of living area.  These homes averaged 69 days on market before going under contract.51 homes have sold in the past 12 months.  Ranging in sales price from $185,000 to $1,253,125.  The average sales price was $420,578 which comes out to $183.14 per sq. ft. of living area.  These homes went under contract in an average o... 08/20/2018

The Florida Club July 2018 Market ReportStuart, FloridaAs of July 2018, there are 3 Florida Club homes for sale.  List prices range from $425,000 up to $459,000 for an average list price of $434,725 which works out to $210.40 per sq. ft. of living area.There are 3 homes under contract awaiting closing.  List prices ranged from $309,888 up to $429,315 for an average list price of $359,401 which works out to $191.18 per sq. ft. of living area.  These homes averaged 88 days on the market before going under contract.In the past 12 months, 32 homes have sold in the Florida Club with sales prices ranging from $225,000 up to $497,500 for an average sales price of $331,138 which equals $173.89 per square foot of living area.  The average days on market before going under contract was 53 days wi... 08/17/2018

Schooner Oaks July 2018 Real Estate Market ReportFor July 2018 there are 2 homes for sale in Schooner Oaks in Stuart, FL.  These homes are listed for sale with prices of $257,900 and $265,000 for an average list price of 261,450 or $163.41 per sq. ft. of living area.There are no homes currently under contract.In the past 12 months, 5 Schooner Oaks homes have sold.  They sold for a low price of $200,000 to a high price of $286,000 for an average sold price of $236,200 which equals $130.23 per sq. ft. of living area. These homes went under contract in an average of 17 days and sold for 94% of list price.About Schooner Oaks in Rocky Point:The Schooner Oaks community of Rocky Point in Stuart FL is a townhouse style complex under condo association rules.  There are 86 units of varying sizes ... 08/13/2018