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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)
Pierpoint Yacht Club April 2018 Market ReportThere are 2 active listings in Pierpoint for April 2018.  List prices are $154,500 and $285,000 for an average list price of $219,750 which equates to a per sq. ft. price of $169.04.There are 3 condos currently under contract.  List prices ranged from $157,500 up to $269,000 for an average list price of $196,167 which is $150.90 per sq. ft. of living area.  These condos were on the market for an average of 96 days prior to going under contract.In the past 12 months, 15 condos have sold in Pierpoint.  Sale prices ranged from $79,900 up to $260,000 for an average sales price of $152,813 which equals $122.23 per sq. ft. of living space.  These condos were under contract in an average of 82 days and sold at an average of 93% of the list price.Abo...
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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)
Village of Stuart Condos April 2018 Market ReportFor April 2018 there are 3 condos for sale in the Village of Stuart.  The list price is $148,500 or $123.75 per sq. ft. of living area.There are 2 condos currently under contract.  These condos were listed for $119,900 and $119,999 which is an average list price of $119,950 or $99.96 per sq. ft. of living area.  These condos went under contract in an average of 94 days after being listed.In the past 12 months, 5 condos have sold.  Sales prices ranged from a low of $105,000 up to $158,000 for an average sales price of $123,800 which equals $99.40 per sq. ft. of living area.  These condos sold for an average of 94% of the listed price and were on the market for an average of 50 days before going under contract.About the Village of Stuart Co...
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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)
Suntide Condos on Hutchinson Island April 2018 Market Update For April 2018, there are 2 condos on the market in Suntide on Hutchinson Island in Stuart FL.  Listing prices are $339,000 and $385,000 which is an average list price of $362,000 that equals $302.57 per sq. ft. of living area. There are no condos under contract at this time. There have been 6 condos sold in the past 12 months in Suntide.  The sales prices ranged from $190,000 up to $312,500 for an average sales price of $260,417 which equals $208.67 per sq. ft. of living area.  These sales averaged at 96% of the last list price and also were on the market for an average of 111 days before accepting an offer that led to the sale. About the Suntide Condominiums of Hutchinson Island in Stuart Florida: Pool for Suntide Condos Su...
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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 March 2018 Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for March 2018 For March 2018 in the 34997 Zip Code area of Stuart, Florida: There are currently 56 active condo listings (Up by 2 condos from February). 23 Condo sales are pending and awaiting close or lender approval (Down by 9 condos from February). 22 Condos Sold in March (Increased by 5 condos from February).       The Stuart FL condo market for zip code 34997 has a very low inventory of available condos for sale yet is showing strong activity with what is available.      The absorption rate dropped to 2.4 months in March compared to 3.2 months for February.  Back into a strong sellers’ market for the 34997 zip code of Stuart FL.  A 6 to 7-month absorption rate is typically 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)
Lost River Plantation April 2018 Market ReportAs of April 2018, there are 6 available homes for sale in the Lost River Plantation community of Stuart, FL.  Prices range from $499,315 up to $750,000 for an average price of  $575,536 which equals $205.74 per sq. ft. of living area.There is 1 home currently under contract in the Lost River Plantation Community.  This home was listed for $785,000 or $265.83 per sq. ft. of living area. This home was listed for 6 days prior to going under contract.In the past 12 months, there have been 8 sales ranging in sales prices from $555,000 to $819,000 for an average sales price of $678,313 which works out to $224.60 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 103 da...
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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 March 2018 Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for March 2018 For March 2018 in the 34997 Zip Code area of Stuart, Florida: There are currently 297 active listings (Decreased by 10 homes from February). 164 Residential sales are pending and awaiting close or lender approval (Increased by 9 homes from February). 92 Homes Sold in March (Increased by 27 homes from February)       The Stuart Florida Residential Market for ZIP Code 34997 continues to show very strong sale activity.      The absorption rate decreased to 3.2 months (was 4.7 months for February).  Into an even stronger seller’s market for the 34997 zip code area of Stuart for March 2018.  Typically a balanced market, favoring neither the seller or ...
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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)
 Hutchinson House April 2018 Market Report As of April 2018, there are 3 condos on the market in Hutchinson House on Hutchinson Island in Stuart FL.  These condos have listing prices from $240,000 up to $399,000 for an average list price of $324,667 or $217.23 per sq. ft. of living area. There are 2 condos currently under contract.  List prices were $325,000 and $399,000 for an average list price of $362,000 which works out to $316.62 per sq. ft. of living area.  These condos were on the market for an average of 175 days prior to going under contract. 7 condos have sold in the past 12 months in Hutchinson House.  Sales prices ranged from $300,000 up to $550,000 for an average of $389,857 which equals $261.89 per sq. ft. of living area.  These condos sold for an average of 96% of the las...
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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 March 2018 Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for March 2018 For March 2018 in the 34996 Zip Code area of Stuart, Florida : There are currently 139 active condo listings (Down by 2 condos from last month). 55 Condo sales are pending and awaiting close or lender approval (Unchanged from February). 29 Condos Sold in March (Unchanged from February)  The Stuart FL 34996 Condo Market of Stuart showed almost no change in activity from last month. The current absorption rate for the Stuart Florida condos in ZIP Code 34996 inched down to 4.8 months from February’s 4.9 months.  Remaining in a sellers’ market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 mont...
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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 March 2018 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for March 2018 For March 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida : There are currently 133 active listings (Increased by 3 homes from February). 48 Residential sales are pending and awaiting close or lender approval (Down by 8 homes from February). 29 Homes Sold in March (Up by 15 homes from February). The 34996 zip code area of the Stuart Florida residential real estate market had a very strong increase in sales from last month though the pending sales numbers could be stronger.  We also could use a bit more inventory. The one-month absorption rate for the 34996 zip code area of Stuart Florida for March decreased slightly to 4.6 months as compa...
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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 March 2018  Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for March 2018 For March 2018 in the 34994 Zip Code area of Stuart, Florida : There are currently 127 active condo listings (Up by 2 condos from February). 67 Condo sales are pending and awaiting close or lender approval. (Increased by 12 condos from last month)  26 Condos Sold in February (Decreased by 2 condos from February). The Stuart FL 34994 Condo market continues to show positive resilts with strong pending activity and just a slight drop in closed sales from last month. The absorption rate for February inched up to 4.9 months compared to last month’s 4.5.  Remaining in a seller’s market for this condo segment of Stuart’s 34994 zip code area after one month of a seller’...
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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 Estuary April 2018 Market ReportThe Estuary of Stuart FL contains both homes and condos.  Here is the April 2018 market report for this gated community:HomesThere are 8 homes for sale in the Estuary.  List prices range from $292,400 up to $895,000 for an average list price of $494,663 which equals $217.23 per sq. ft. of living area.There is 1 home currently under contract.  It was listed for $355,000 or $191.27 per sq. ft. of living area and was on the market for 154 days before going under contractIn the past 12 months, 14 homes have sold in the Estuary.  Sales prices ranged from $207,000 up to $729,000 for an average sales price of $313,771 which works out to $175.57 per sq. ft. of living area. These homes sold for an average of 97% of list price and went under contract in an aver...
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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)
Maritimes April 2018 Market Report As of April 2018, there is only 1 condo on the market in the Maritimes Condos and Townhomes on Hutchinson Island in Stuart FL.  The list price is $425,000 or $232.88 per sq. ft. of living area. There are no Maritimes condos or townhomes currently under contract. There have been 6 condos sold in the past 12 months in the Maritimes.  The sales prices ranged from $260,000 up to $550,000 for an average sales price of $386,583 which works out to $244.63 per sq. ft. of living area. These condos sold for an average of 96% of the listed price and were on the market for an average of 37 days before going under contract. About the Maritimes on Hutchinson Island Entrance to the Maritimes   Beach Access at the Maritimes The Maritimes is one of the prime ocean 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)
Stuart Florida 34994 Residential Market Report March 2018Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for March 2018For March 2018 in the 34994 Zip Code area of Stuart, Florida :There are currently 75 active listings (Down by 6 homes from February)34 Residential sales are pending and awaiting close or lender approval (Decreased by 7 homes from last month).27 Homes Sold in February (Increased by 14 homes from February)The residential real estate market for the 34994 ZIP code area of the Stuart, Florida lost a little inventory after two months of some gains.  Sales for the month were very strong while pending sales were down but still impressive.The one-month absorption rate for the 34994 zip code for February plunged to 2.8 months from 6.2 months for February.  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)
Sandpebble Condos Hutchinson Island March 2018 Market ReportMarch 2018 Market Update for the Sandpebble Condo and Beach Club on Hutchinson Island in Stuart, Florida:There are currently 3 condos for sale in Sandpebble. The list prices range from $299,000 up to $319,000 for an average of $306,000 which equals $296.51 per sq. ft. of living area.There are 5 pending Sandpebble condo sales.  Three on the riverside and two are oceanfront.  List prices range from $300,000 up to $450,000 which averages to $361,980 or $282.09 per sq. ft. of living area.  These condos averaged only 18 days on the market before going under contract.In the past 12 months, 11 Sandpebble condos have sold.  7 on the riverside and 4 on the ocean side.  Sales prices ranged from $255,000 to $450,000 for an average sales p...
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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 February 2018  Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for February 2018 For February 2018 in the 34994 Zip Code area of Stuart, Florida : There are currently 125 active condo listings (Up by 12 condos from January). 55 Condo sales are pending and awaiting close or lender approval. (Increased by 4 condos from last month)  28 Condos Sold in January (Increased by 9 condos from January). The Stuart FL 34994 Condo market continues to show positive resilts. Sales and pending sales both increased as well as the inventory of available condos for sale. The absorption rate for January dropped to 4.5 months compared to last month’s 5.9.  Firmly back into a seller’s market for this condo segment of Stuart’s 34994 zip code area after one 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 Florida 34994 Residential Market Report February 2018Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for February 2018For February 2018 in the 34994 Zip Code area of Stuart, Florida :There are currently 81 active listings (Down by 5 homes from January)41 Residential sales are pending and awaiting close or lender approval (Increased by 3 homes from last month).13 Homes Sold in January (Increased by 2 homes from January)The residential real estate market for the 34994 ZIP code area of the Stuart, Florida has gained inventory for two months in arow unlike most areas in Martin County.  Both sales and pending sales also increased.The one-month absorption rate for the 34994 zip code for January dipped to 6.2 months from 7.8 months for January.  Returning to a balanced...
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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 February 2018 Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for February 2018 For February 2018 in the 34996 Zip Code area of Stuart, Florida : There are currently 141 active condo listings (Up by 1 condos from last month). 55 Condo sales are pending and awaiting close or lender approval (Increased by 3 condos from January). 29 Condos Sold in February (Up by 12 condos from January)  The Stuart FL 34996 Condo Market of Stuart rebounded in closed sales from a weak January.  Though, the inventory continues to decline and if this trend continues there won’t be enough condos on the market to sustain strong activity. The current absorption rate for the Stuart Florida condos in ZIP Code 34996 plunged to 4.9 months from January’s 8.2 months.  B...
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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 March 2018 Market ReportFor March 2018 there are 3 condos available for sale in de la Bahia.  These condos range in list price from $113,900 up to $199,000 for an average list price of $142,467 which equals $153.37 per sq. ft. of living area.There is 1 condo currently under contract.  The list price was $139,900 or $170.61 per sq. ft. of living area.  This condo was on the market for 19 days prior to going under contract.In the last 12 months, 23 condos have sold.  Sales prices ranged from $88,000 up to $182,000 for an average sales price of $111,735 which works out to $141.37 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 Condos: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 FL 34996 Residential Market Report February 2018 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for February 2018 For February 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida : There are currently 130 active listings (Decreased by 16 homes from January). 56 Residential sales are pending and awaiting close or lender approval (Up by 19 homes from January). 14 Homes Sold in February (Down by 1 homes from January). The 34996 zip code area of the Stuart Florida residential real estate went back to a shrinking inventory after a small increase last month.  There was a good jump in pending sales which should result in better closed activity in the coming months. The one-month absorption rate for the 34996 zip code area of Stuart Florida for February de...
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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 February 2018 Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for February 2018 For February 2018 in the 34997 Zip Code area of Stuart, Florida: There are currently 54 active condo listings (Down by 2 condos from January). 32 Condo sales are pending and awaiting close or lender approval (Down by 3 condos from January). 17 Condos Sold in February (Increased by 9 condos from January).       The Stuart FL condo market for zip code 34997 continues with dropping inventory while still maintaining strong sales for February.      The absorption rate plunged to 3.2 months in February compared to 7.0 months for January.  Back into a strong sellers’ market for the 34997 zip code of Stuart FL.  A 6 to 7-month absorption rate is typically considered t...
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