Lake Tuscany Real Estate Update in Stuart FL July 2017

Lake Tuscany Real Estate Update in Stuart FL July 2017

As of July 2017, there are 2  homes available for sale in Lake Tuscany with listing prices of $384,900 and $479,900 for an average list price of $432,400 which is a price per square foot of living area of $176.32.

There are no homes currently under contract.

In the past 12 months, 9 homes have sold in Lake Tuscany ranging in sales price from $365,000 up to $480,000 for an average sales price of $419,000 which equals $133.03 per sq. ft. of living area.  These homes took an average of 96 days on market to go under contract and sold at 97% of list price.

About Lake Tuscany:

Lake Tuscany real estate Stuart FL

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 2005.  This attractive subdivision is set up with a gated entrance and all 98 homes in Lake Tuscany are on Panther Trace which makes a large circle around the lake in the center.  Homes range from 3 Bedroom, 3 Bath or 4 BR 2 Baths of around 2100 sq. ft. of living area to spacious 6 Bedroom, 4 Bathroom 2 story homes with lofts and theater rooms with pools by the lakeside along with 3 car garages.  All are high quality homes built by local builder Mercedes Homes.

Lake Tuscany real estate Stuart FL Lake Tuscany real estate Stuart FL

Lake Tuscany boasts lush landscaping and very reasonable Home Owner’s Association fees of $398 per quarter.  These fees cover security, the common areas and lake upkeep, basic cable, trash collection and front landscaping.  The Lake Tuscany property owners web site is located at this site.

Lake Tuscany real estate Stuart FL Lake Tuscany real estate Stuart FL

Families in Lake Tuscany enjoy Martin County’s ‘A’ rated schools in the following schools: Crystal Lake Elementary, David L Anderson Middle School and South Fork High School.  Shopping is only minutes away and there’s easy access to Martin County’s waterways and just a short drive to the many public beaches.

 Lake Tuscany real estate Stuart FL

Search here for currently available Lake Tuscany real estate in Stuart FL

For any questions you may have about Lake Tuscany Real Estate Update in Stuart FL July 2017 , please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

Lake Tuscany Real Estate Update in Stuart FL July 2017

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Lake Tuscany Real Estate Update in Stuart FL July 2017

 

Stuart FL 34996 Condo Market Report June 2017

Stuart FL 34996 Condo Market Report June 2017

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for June 2017

For June 2017 in the 34996 Zip Code area of Stuart, Florida :

There are currently 132 active condo listings (Decreased by 5 condos from last month).

Stuart FL 34996 Condo Market Report June 2017

40 Condo sales are pending and awaiting close or lender approval (Increased by 4 condos from May).

Stuart FL 34996 Condo Market Report June 2017

26 Condos Sold in June (Down by 4 condos from May) 

Stuart FL 34996 Condo Market Report June 2017

The Stuart FL 34996 Condo Market of Stuart had continued strong sales activity for June.  Just minor differences from last months strong activity.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 increased to 5.1 months from May’s 4.6 months.  Remaining as a sellers market for this segment of Martin County condos, but drifting towarsd a balanced market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for June 2016 were: 74 active listings, 27 pending sales and 21 closed sales.  Stronger activity for this year when compared to June of 2016.

Stuart FL 34996 Condo Market Report June 2017

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Stuart FL 34996 Condo Market Report June 2017

Martin Downs Country Club July 2017 Market Report

Martin Downs Country Club July 2017 Market Report

For July 2017, there are 15 active listings in the Martin Downs Country Club.  List prices range from $199,900 up to $594,900 for an average list price of $358,887 which works out to $157.71 per sq. ft. of living area.

There are 14 homes currently under contract.  List prices were from $215,000 up to $649,000 for an average list price of $334,721 which equals $148.60 per sq. ft. of living area. These homes averaged 49 days on market before going under contract.

In the past 12 months, 69 properties have sold in the Martin Downs Country Club.  Sales prices ranged from $123,100 up to $638,000 which is an average sales price of $253,237 or $128.99 per sq. ft. of living area.  These homes averaged 61 days on market and sold for 97% of list price.

About the Martin Downs Country Club:

Martin Downs Country Club

 The Martin Downs Country Club in Palm City is a gated community comprising of a number of different sub-communities all anchored by the two 2 championship 18 hole golf courses (one of which is currently not in use). In addition, there is the Martin Downs Sports Resort facility with twelve tennis courts, two pools, spa, and fitness center! Very well located just minutes from Florida’s Turnpike and I-95, this community is a dream for the commuter.

Martin Downs Country Club Martin Downs Country Club

Located in Palm City, FL, this is a prime area to reside in, with many recreational areas and boat ramps to enjoy a great day on the water. If you are looking for a gorgeous community that has luxury amenities and is close to everything that Martin County has to offer, your search is sure to end here!

Martin Downs Country Club Martin Downs Country Club

Martin Downs encompasses a wide array of home styles ranging from estate homes to condominiums.  Some of the communities within the Martin Downs Country Club include the Crane Creek Country Club and Crane Creek Racquet Club, Eagle Lake, Egret Pond, Heronwood, Ibis Point, Mallard Creek, Osprey Creek, Quail Meadow, Starling Court and the Clubhouse Court Condos.

Martin Downs Country Club Martin Downs Country Club

HOA fees and pet restrictions vary by community.  For more information on Martin Downs homes and/or condos click on the individual neighborhood links above or feel free to contact us.

Search here for all Martin Downs Real Estate for Sale

 

Martin Downs Country Club July 2017 Market Report

Stuart FL 34996 Residential Market Report June 2017

Stuart FL 34996 Residential Market Report June 2017

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for June 2017

 

For June 2017 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 138 active listings (Down by 10 homes from May).

Stuart FL 34996 Residential Market Report June 2017

55 Residential sales are pending and awaiting close or lender approval (Down by 9 homes from May).

Stuart FL 34996 Residential Market Report June 2017

41 Homes Sold in June (Increased by 15 homes from May).

Stuart FL 34996 Residential Market Report June 2017

The 34996 zip code area of the Stuart Florida residential real estate market continues with a very strong market.  A large jump in closed sales with a small decrease in pending sales.  As the inventory decreases, we will need to watch if this negatively affects this market segment in the future.

The one month absorption rate for the 34996 zip code area of Stuart Florida for June dropped to 3.4 months as compared to May’s 5.7 months.  Into an even stronger sellers’ market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for June of 2016 were: 158 active listings, 43 pending sales and 26 closed sales.  Much better activity this year even with a smaller inventory of available homes.

Stuart FL 34996 Residential Market Report June 2017

 Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report June 2017

July 2017 Archipelago Real Estate of Sewalls Point Market Report

Archipelago of Sewalls Point July 2017 Market Report

For July 2017 there are 2 active listings in the Archipelago of Sewalls Point.  The list prices are $1,049,000 and  $1,995,000 for an average list price of $1,522,000 or $416.12 per sq. ft. of living area.

There are no homes are currently under contract.

In the past 12 months, there have been 2 homes sold in the Archipelago of Sewalls Point. These homes sold for $600,000 and $1,425,000 for an average sales price of $1,012,500 which equals $325.32 per sq. ft. of living area.  These sales averaged 82% of the list price and were on the market for an average of 780 days prior to going under contract.

About the Archipelago of Sewalls Point:

Aerial of the Archipelago of Sewalls Point

Located in the prestigious town of Sewalls Point, Florida the Archipelago is a non-gated neighborhood of all waterfront homes with access to the crystal clear waters of the Atlantic Ocean through the Saint Lucie Inlet in Martin County, Florida.  All the homes in the Archipelago are on either the wide waters of the Indian River or located on deep water canals.  The Saint Lucie Inlet to the Atlantic is less than two miles away by water.  Access is maintained by dredging all Archipelago waterways to 6’.  Homes range from modest older frame homes to spectacular estate lots with magnificent views.

 View of the Archipelago of Sewalls Point

View of the Archipelago of Sewalls Point

The link below will take you to all currently available Archipelago homes in Sewalls Point, Florida

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Sewalls Point  Real Estate is presented by:

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July 2017 Archipelago Real Estate of Sewalls Point Market Report