Stuart FL 34996 Residential Market Report February 2017

Stuart FL 34996 Residential Market Report February 2017

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

 

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

 

There are currently 166 active listings (Down by 14 homes from January).

Stuart FL 34996 Residential Market Report February 2017

61 Residential sales are pending and awaiting close or lender approval (Up by 18 homes from January).

Stuart FL 34996 Residential Market Report February 2017

12 Homes Sold in February (Increased by 2 homes from January).

Stuart FL 34996 Residential Market Report February 2017

The 34996 zip code area of the Stuart Florida residential real estate market rebounded for February 2017 with an decrease in inventory and an increase in closed sales as well as future sales (pendings).

The one month absorption rate for the 34996 zip code area of Stuart Florida for February jumped to 13.8 months as compared to January’s 18.0 months.  Still a strong buyers’ market for the 34996 zip code area of Stuart FL but tending towards a balanced market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for February of 2016 were: 154 active listings, 55 pending sales and 12 closed sales.  Better pending activity this year with the same volume of closed sales as last year.

Stuart FL 34996 Residential Market Report February 2017

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

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Stuart FL 34996 Residential Market Report February 2017

Stuart FL 34994 Condo Market Report February 2017

Stuart FL 34994 Condo Market Report February 2017

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for February 2017

For February 2017 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 101 active condo listings (Up by 10 condos from January).

Stuart FL 34994 Condo Market Report February 2017

28 Condo sales are pending and awaiting close or lender approval. (Decreased by 12 condos from last month) 

Stuart FL 34994 Condo Market Report February 2017

23 Condos Sold in February (Up by 5 condos from January).

Stuart FL 34994 Condo Market Report February 2017

The Stuart FL 34994 Condo market continues with strong activity for the 2017 condo real estate market.

The absorption rate for February dropped to 4.9 months compared to last month’s 5.1.  Continuing as a buyers’ market for this condo segment of Stuart’s 34994 zip code area.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last February the numbers were 91 active listings, 32 pending sales, and 20 closed sales.   Slightly better closed sales volume while weaker pending sales on slightly greater inventory.

Stuart FL 34994 Condo Market Report February 2017

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Stuart Florida Market Report ZIP Code 34994 – Condo, February 2017

Moon River Jensen Beach March 2017 Market Report

Moon River Jensen Beach March 2017 Market Report

For March 2017, there is 1 home for sale in Moon River on Hutchinson Island in Jensen Beach FL.  This home is listed for $299,000 or $207.78 per sq. ft. of living area.

There are no Moon River homes currently pending (under contract).

There have been 2 homes sold in the past 12 months in Moon River.  Sales prices were $295,000 and $$439,900 for an average sales price of $367,450 which equals $190.36 per sq. ft. of living area and these sales averaged 96% of list price.  The average days on market was 27 days prior to an accepted contract.

Moon River on Hutchinson Island in Jensen Beach

Moon River is a community of 51 attached and 3 detached homes that were built from 1998 to 2003. This is a gated waterfront community with ocean access docks as well as a community pool and clubhouse. Two tennis courts are also available and shared with the neighboring community of Fairwinds Cove.

Moon River on Hutchinson Island in Jensen Beach
Home sizes range from 3 Bedroom, 3 bathroom two story homes with over 2.700 sq. ft. of living area down to 2 Bedroom, 2 bathroom, 1 story homes of just under 1,400 sq. ft. of living space. Most of these homes have 2 car garages with a few actually offering covered parking for up to 4 cars. 

Moon River on Hutchinson Island in Jensen Beach
This is a pet friendly community allowing for up to two pets that are no larger than 50 lbs. HOA fees at the time of this post were $343 per month (payable quarterly). 
Moon River lies on the east side of the Jensen Beach Causeway in Martin County Florida. It’s only a short walk or bike ride to the public beach on the Atlantic Ocean. It’s also close to shopping, restaurants and the remaining wonderful amenities that Martin County has to offer.

Moon River on Hutchinson Island in Jensen BeachMoon River is an excellent choice for both full time residents and for those wishing to have their winter oasis away from the cold north.

Moon River on Hutchinson Island in Jensen Beach

The current Martin County Schools for Sugar Hill are Jensen Beach Elementary School, Stuart Middle School and Jensen Beach High School

Here are the currently available homes in Moon River in Jensen Beach

 For any questions you may have about March 2017 Market Report for Moon River in Jensen Beach, please call the Gabe Sanders BlueWater Realty team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

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

Moon River Jensen Beach March 2017 Market Report

Stuart Florida Market Report ZIP Code 34994 Residential February 2017

Stuart Florida Market Report ZIP Code 34994 Residential February 2017

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for February 2017

For February, 2017 in the 34994 Zip Code area of Stuart, Florida :

There are currently 74 active listings (Decreased by 6 homes from January)

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for February 2017

25 Residential sales are pending and awaiting close or lender approval (Increased by 3 homes from last month).

 Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for February 2017

10 Homes Sold in January (Up by 3 homes from January)

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for February 2017

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida regained some lost momentum from the previous month.

The one month absorption rate for the 34994 zip code for February dropped to 6.8 months from 10.6 months for January.  Moving into a balanced market for the 34994 zip code area of Stuart, FL.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The February 2016 numbers were 69 Active Listings, 24 pending sales and 13 closed sales.  Slightly weaker activity for this year.

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for February 2017

Search here for Stuart Florida Real Estate for Sale

 

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

 

Stuart, FL Real Estate

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Commercial Properties

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Stuart Florida Market Report ZIP Code 34994 Residential February 2017

Lake Grove March 2017 Market Report

Lake Grove March 2017 Market Report

There are currently 3 homes for sale in Lake Grove of Palm City, FL. List prices range from $459,900 to $629,900. The average list price equals $537,933 which is $194.25 per sq. ft. of living area.

There are no homes currently under contract in Lake Grove.

In the past 12 months, 3 homes have sold in the Lake Grove. Sale prices ranged from $475,000 to $520,000 with an average sale price of $497,500 or $180.98 per sq. ft. of living area.  These homes averaged 80 days on market prior to accepting these sales offers and sold for an average of 97% of the last listed price.

 

Located south on Mapp Road in Palm City is the community of Lake grove which is comprised of 64 homes built around a square shaped lake.  Lake Grove lies in a lovely private location will all home sites on at least ½ acre of land.

Lake Grove in Palm City

Homes range in sizes from over 4,500 sq. ft. of living space with 5 bedrooms, 4 baths and a three car garage down to just over 2,000 sq. ft. homes with 3 bedrooms and two bathrooms and 2 car garages.  As of March 2017, the Lake Grove HOA fees are a very reasonable $275 per quarter.

Lake Grove in Palm City

The common areas include two tennis courts, landscaped common areas and a fishing dock on the lake.  There’s also a dedicated trailer/RV/boat parking lot for residents.

Lake Grove in Palm City

Lake Grove children attend ‘A’ rated Martin County Schools and are currently zoned for the Palm City Elementary School, Hidden Oaks Middle School and Martin County High School.  (To search for homes within Martin County school districts visit my school search pages here.)

Lake Grove in Palm City

Click here to see the currently available Lake Grove Homes for Sale

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If you like the Lake grove community, you may also have an interest in its sister community: Orchid Bay.

Click here for the current Orchid Bay Homes for Sale

Lake Grove March 2017 Market Report