Stuart FL 34997 Residential Market Report March 2017

Stuart FL 34997 Residential Market Report March 2017

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for March 2017

 

There are currently 332 active listings (Decreased by 11 homes from February).

Stuart FL 34997 Residential Market Report March 2017

189 Residential sales are pending and awaiting close or lender approval (Up by 7 homes from February).

Stuart FL 34997 Residential Market Report March 2017

94 Homes Sold in March (Increased by 20 homes from February)

Stuart FL 34997 Residential Market Report March 2017

      The Stuart Florida Residential Market for ZIP Code 34997 continues with strong activity for the spring of 2017 with increases in both pending and closed sales.
     The absorption rate decreased to 3.5 months (was 4.6 months for February).  A very strong sellers’ market for the 34997 zip code area of Stuart.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2016 numbers for March, were: 308 active listings, 175 pending listings and 78 closed sales.  Continued improved activity when compared to last March.
Stuart FL 34997 Residential Market Report March 2017

Search here for 34997 Zip Code of Stuart FL real estate for sale

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

Stuart FL 34997 Residential Market Report March 2017

 

Stuart FL 34996 Residential Market Report March 2017

Stuart FL 34996 Residential Market Report March 2017

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

 

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

 

There are currently 167 active listings (Up by 1 homes from February).

Stuart FL 34996 Residential Market Report March 2017

58 Residential sales are pending and awaiting close or lender approval (Down by 3 homes from February).

Stuart FL 34996 Residential Market Report March 2017

36 Homes Sold in March (Increased by 24 homes from February).

Stuart FL 34996 Residential Market Report March 2017

The 34996 zip code area of the Stuart Florida residential real estate market continued to pick up for March 2017 with a large increase in closed sales and still strong pending sales even if off by a few homes from last month.

The one month absorption rate for the 34996 zip code area of Stuart Florida for March dipped to 4.6 months as compared to February’s 13.8 months.  Transitioning back into a strong 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 March of 2016 were: 163 active listings, 51 pending sales and 23 closed sales.  Better activity this year as compared to last March.

Stuart FL 34996 Residential Market Report March 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 March 2017

Lost River Plantation April 2017 Market Report

Lost River Plantation April 2017 Market Report

As of April 2017, there are 6 available homes for sale in the Lost River Plantation community of Stuart, FL.  Prices range from $569,000 up to $918,000 for an average price of $716,483 which equals $216.22 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, there have been 9 sales ranging in sales prices from $490,000 up  to $792,000 0 for an average sales price of $640,389 which comes out to $232.95 per sq. ft. of living area.  Sales prices averaged 97% of the last list price and these homes were on the market for an average of 190 days prior to accepting these offers.

 Lost River Plantation April 2017 Market Report

Lost River Plantation in Stuart, Florida consists of 111 homes all with private docks and Ocean access via the South Fork of the Saint Lucie River.  All, but just a handful of the homes have waterfront and dockage located in the backyard.  Suitable for deep draft ocean going vessels with some docks able to accommodate over 50’ vessels.  All homes are of newer construction (from 2004 to the present).  There are a limited number of new homes not on the MLS available now or to be built, please call us for details.

Lost River Plantation April 2017 Market ReportLost River Plantation April 2017 Market Report

This is a spectacular waterfront community with very private and protected waterfront areas.  There is a community marina with a clubhouse that offers a fitness center, kitchen and social rooms.  For those wishing to commute to pints north or south, Lost River is very conveniently located near the Interstate for easy access.  Yet, it’s only 10 to 20 minutes’ drive to the pristine beaches and  quaint downtown areas of Stuart, Florida.  Also close to shopping, restaurants as well as medical facilities.  Lost River Plantation is a tremendous opportunity for newer waterfront construction.  A rare gem in this real estate market!

Lost River Plantation April 2017 Market ReportLost River Plantation April 2017 Market Report

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Stuart Florida Real Estate is presented by:
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Lost River Plantation April 2017 Market Report

 

Stuart FL 34997 Residential Market Report February 2017

Stuart FL 34997 Residential Market Report February 2017

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for February 2017

 

There are currently 343 active listings (Decreased by 11 homes from January).

Stuart FL 34997 Residential Market Report February 2017

182 Residential sales are pending and awaiting close or lender approval (Up by 13 homes from January).

Stuart FL 34997 Residential Market Report February 2017

74 Homes Sold in February (Increased by 13 homes from January)

Stuart FL 34997 Residential Market Report February 2017

      The Stuart Florida Residential Market for ZIP Code 34997 showed a very strong second month of 2017 with increases in both pending and closed sales.
     The absorption rate decreased to 4.6 months (was 5.8 months for January).  Once again back in a sellers’ one for the 34997 zip code area of Stuart.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2016 numbers for February, were: 321 active listings, 175 pending listings and 58 closed sales.  Better volume of both closed and pending sales when compared to last February.
Stuart FL 34997 Residential Market Report February 2017

Search here for 34997 Zip Code of Stuart FL real estate for sale

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

Stuart FL 34997 Residential Market Report February 2017

 

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

Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report February 2017