Stuart FL 34996 Condo Market Report February 2017

Stuart FL 34996 Condo Market Report February 2017

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

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

There are currently 153 active condo listings (Down by 17 condos from last month).

Stuart FL 34996 Condo Market Report February 2017

56 Condo sales are pending and awaiting close or lender approval (Increased by 25 condos from January).

Stuart FL 34996 Condo Market Report February 2017

19 Condos Sold in February (Down by 3 condos from January) 

Stuart FL 34996 Condo Market Report February 2017

The Stuart FL 34996 Condo Market of Stuart showed a reduction of inventory with a large jump in pending sales, indicating a potential for better closed sales coming up in the next few months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose slightly to 8.1 months from January’s 7.7 months.  Remaining in a buyers market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for February 2016 were: 118 active listings, 53 pending sales and 18 closed sales.  Much more inventory this year with slightly greater volume of both closed and pending sales.

Stuart FL 34996 Condo Market Report February 2017

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Gabe Sanders

Stuart FL 34996 Condo 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

Tres Belle March 2017 Market Report

Tres Belle March 2017 Market Report

There are 5 homes currently for sale in the Tres Belle subdivision of Stuart FL.  Listing prices are from $615,000 to $825,000 for an average list price of $747,780 which works out to $216.70 per sq. ft. of living area.

There is currently 1 home under contract that was listed for $580,000 or $226.92 per sq. ft. of living area.  This home was on the market for 77 days before going under contract.

12 homes have sold in the past 12 months.  Sales prices ranged from $574,900 to $899,900.  The average sales price was $689,454 which comes out to $198.60 per sq. ft. of living area.  These homes sold on average of 125 days with sales prices at 98% of list price.

Tres Belle Stuart Florida real estate

The Tres Belle Estates in Stuart FL is a Kolter Homes development of approximately 167 homes on a minimum of ½ acre lots located just east of Kanner Highway on Cove Road in Stuart FL.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

The first homes were completed in 2007 and construction and sales of new homes continue to this date (March 2017).  Homes range in size from a minimum of 3 bedrooms and 2 baths with over 2,500 sq. ft. of living area up to 4 and 5 bedroom, 5 bath homes with close to 4,500 sq. ft. of living area.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

Tres Belle is located adjacent to the Atlantic Ridge Preserve State Park which has miles and miles of rugged and scenic trails.  Also, close to shopping on US-1 as well as at the intersection of Cove Rd and Kanner Hwy.  Martin Memorial Hospital South is only a few minutes away.  A consistently highly rated medical facility.  For those looking to commute or just be close to the Interstate, I-95 is only a minute or two away.

pool 1 Tres Belle Stuart Florida real estate

For boaters, there are an abundance of  waterways and boat ramps and marinas are only a short ride and only a few minutes to your choice of beaches at either Stuart or Jupiter Island.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

Tres Belle is located in the ‘A’ rated school district of Martin County with children currently slated for Crystal Lake elementary, David L. Anderson middle and South Fork high schools.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

The HOA fees are $588 per quarter and include maintenance of the common areas as well as Cable TV.  This is a pet friendly community.

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Tres Belle March 2017 Market Report

Inlet Village on Hutchinson Island Open House

Inlet Village on Hutchinson Island Open House

Hutchinson Island Riverfront Condo
Open House Tuesday March 7, 2017  from 9:30 a.m. to 11:30 a.m.
10 NE Plantation Road – Suite 205 – Stuart, FL 34996
Overview
Maps
Photos
Description
Neighborhood
Open House
$325,000
Enjoy the good life from this riverfront condo in Inlet Village on Hutchinson Island in Indian River Plantation.  Gorgeous sweeping river views on the Intracoastal Waterway from your balcony. This is a 2 bedroom, two bathroom condo with an updated kitchen with Corian counter-tops.  Separate laundry room with washer and dryer included. Covered under building parking and a heated pool and barbecue area are some of the amenities.  All ages are welcome and each unit may have up to two large pets. Rentals are also permitted with a one month minimum.  Residents (and tenants) have the option of joining the Ocean Club which provides golf privileges, fitness center, tennis club and beach club access.  There is a full service marina on site as well. Make this your new home or a winter getaway from the cold north.
Main Features
2 Bedrooms
2 Full Bathrooms
Interior: 1,306 sqft
Year Built: 1982
MLS #: M20003206
Location
10 NE Plantation Road
205
Stuart, FL 34996
USA
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Stuart FL Real Estate

by Gabe Sanders
Real Estate of Florida
772-888-2885

 

Make Your House a Work of Art

Make Your Stuart House a Work of Art

Martin County - Sailfish fountain

Your house is a work of art; or at least it can be, in the hands of the right Realtor.

When you list your home for sale with a Realtor, rest assured that he/she will use a vast variety of marketing tools available in their professional arsenal to display and present your home to the very best effect; up to and including the portrayal of your home as a virtual work of art—and in a variety of interesting and increasingly high tech means:

1. The Realtor will photograph your home. Just about any residential sales listing will come complete with beautiful high definition photographs that showcase both the interior and exterior of your home. These pictures might appear on the Realtor’s website, in newspaper ads, and in the pages of real estate magazines, and will come accompanied by vivid and detailed written descriptions that also serve to define the benefits and selling points of your residence.

2. The Realtor will videotape your home. Many real estate professionals offer professional-style video shoots that capture the beauty and complexity of your residence; footage that will be streamed in the form of virtual home tours; videotaped open houses, so to speak, that will show interested home buyers every nook and cranny of your residence—and in what is literally in the best possible light.

3. The Realtor will draw your home. Even before the modern age of video and graphics, real estate professionals employed the use of detailed pen and paper illustrations in an effort to sell homes. These drawings could take the form of basic but defined illustrations created with a pencil, or a beautiful painted rendering that bears a strong likeness to a work of art. Traditionally real estate renderings have been included in packages along with press releases that advertise the sale of the home, and also have been printed as part and parcel of home for sale advertisements; whether they appear in newspapers, listing books and home magazines. These days one also can find renderings on the Realtor’s website, as a supplement to videos and high definition photographs that also show off the residence to the very best effect.

4. The Realtor will show your home. We all know that video, graphics and just the right lighting are not all that makes your home beautiful. Through open houses and prescheduled showings of your home, you and your Realtor can show potential buyers that your home truly is a work of art.

If you’re ready to list your Stuart (or Treasure Coast) house, give me a call (772-323-6996).

Gabe Sanders

Stuart FL Real Estate