June 2016 Market Report River Marina Stuart

Here’s the latest update for the River Marina Community of Stuart FL:

For June of 2016, there are 12 active listings  (3 homes and 9 townhouses) on the market in River Marina at prices of $169,900 to $384,000 for an average listing price of $249,822 which equals $137.38 per square ft. of living area.  As of June 16, 2016, these homes and townhouses have averaged 98 days on the market.

There are 4 homes under contract awaiting settlement (all are townhouses) with list prices from $218,690 to $224,390 for an average list price of $222,165 which equals $139.75 per sq. ft. of living area.  These townhouses averaged 62 days on the market before going under contract.

In the past 12 months, 35 homes have sold (5 homes and 30 townhouses) with sales prices from $127,000 to $344,000 at an average sale price of $204,402 or per square foot of $121.52.  The average days on market was 62 days and sales were at 98% of list price.

River Marina is a newer community consisting of 84 single family homes built from 2006 to 2008 ranging in size from 3 BR, 1600 sq. ft. homes to 5 BR homes with 3,380 sq. ft of living area. 14 of these homes are waterfront with Ocean access through the South Fork of the Saint Lucie River. The single family homes in River Marina are in a gated enclave.

Also available are newer townhomes in a non-gated area. Currently, only about 47 townhomes have been built with plans for a total of approximately 220 units. Both 2 and 3 Bedroom townhomes are available with 1627 sq. ft. of living area and a 1 car garage. There’s a community pool and easy access to recreational areas.

June 2016 Market Report River Marina Stuart

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