Kingswood Condo August 2016 Market Report

Kingswood Condo August 2016 Market Report

August 2016 Market Update:

There are 6 condos currently for sale in the Kingswood condo community of Stuart FL.  Listing prices are from$55,000 to $107,900 for an average list price of $82,533 which equals $75.74 per sq. ft. of living area.

There are currently 2 condos under contract with list prices of $89,0000 and $99,900 for an average list price for these pending sales of $94,450 or $89.13 per sq. ft. of living area.  These two condos averaged 49 days on the market before going under contract.

23 condos have sold in the past 12 months.  Ranging in sales price from $47,500 to $103,000.  The average sales price was $73,243 which comes out to $67.92 per sq. ft. of living area.  These condos sold on average of 92 days on market days with sales prices at 92% of list price.

Kingswood Condos in Stuart FL

Kingswood Condos are located in the heart of Stuart and within walking distance of shopping, restaurants and medical facilities is the Kingswood Condominium complex of Stuart FL. Just a short ride out to the beaches or to historic downtown Stuart, this location is just difficult to beat.

Kingswood consists of 444 condominiums that were built from 1970 till 1995. There are various floor plans and sizes ranging from 2 Bedroom, 2 Bathroom condos with 1,236 sq. ft. of living area down to 1 Bedroom, 1 bathroom condos with 691 sq. ft. of living area.

Most of Kingswood’s buildings are two stories with condos on each floor, though there are three newer 4 story elevator buildings with some units offering views f the Saint Lucie River. There are three community pools in Kingswood.

Kingswood Condo in Stuart FL Kingswood Condo in Stuart FL

HOA fees vary from size and location of the unit and are currently from just over $200 per month up to $360 per month. These fees cover the recreation area, building insurance, water, sewer, trash and pest control as well as basic cable TV.

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

Kingswood Condo August 2016 Market Report

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