Stuart FL 34997 Residential Market Report May 2019

Stuart FL 34997 Residential Market Report May 2019

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for May 2019

For May 2019 in the 34997 Zip Code area of Stuart, Florida:

There are currently 336 active listings (Increased by 1 home from April).

Stuart FL 34997 Residential Market Report May 2019 

150 Residential sales are pending and awaiting close or lender approval (Down by 24 homes from April). 

Stuart FL 34997 Residential Market Report May 2019 

100 Homes Sold in May (Decreased by 14 homes from April)

Stuart FL 34997 Residential Market Report May 2019

      The Stuart Florida Residential Market for ZIP Code 34997 had a decrease in both pending and closed sales numbers from last month.  But, remains an extremely strong segment of the Stuart Florida residential real estate market.
     The absorption rate rose to 3.4 months (was 2.9 months for April).  Still in an extreme seller’s market for the 34997 zip code area of Stuart for May 2019.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2018 numbers for May, were: 259 active listings, 156 pending listings, and 93 closed sales.  There’s slightly better sales volume this year and slightly lower pending sales.  Though, we have a considerably greater inventory of available homes for sale in this segment of the Stuart residential real estate market.
Stuart FL 34997 Residential Market Report May 2019

Are you interested in the value of your Stuart FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34997 zip code area of Stuart FL

Search here for vacant land for sale in the 34997 zip code area of Stuart FL

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

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34997 Residential Market Report May 2019

Coral Gardens in Stuart FL June 2019 Market Report

Coral Gardens in Stuart FL June 2019 Market Report

As of June 2019, there are 8 homes for sale in Coral Gardens in Stuart FL.  List prices range from $216,500 up to $299,999 for an average list price of $249,387 which is $166.67 per sq. ft. of living area.

There are 4 homes currently under contract.  These homes were listed for prices from $174,900 up to $259,900 for an average list price of $233,050 or $192.03 per sq. ft. of living area.  These homes were on the market for an average of 22 days before going under contract.

In the past 12 months, 34 Coral Gardens homes have sold.  Sales prices ranged from $155,000 up to $297,000 for an average sales price of $214,101 which works out to $170.45 per sq. ft. of living area.  These homes averaged 60 days on market before going under contract and sold for an average of 98% of list price.

About Coral Gardens in Stuart FL:

Coral Gardens in Stuart FL

The Coral Gardens community of Stuart FL is centrally located just west of US 1 (Federal Highway) and south of Pomeroy St.  Easy access to downtown Stuart, shopping, restaurants, medical facilities and the beaches and waterways of Martin County.

Coral Gardens in Stuart FL

This is a non-HOA (Homeowners Association) community so there are no additional fees.  Also, the Coral Gardens community is one of the more affordable locations in Stuart and Martin County FL.  Homes range in size from very small 2 bedroom, 1 bathroom homes of under 800 sq. ft. all the way to 4 bedroom homes of 2,500 sq. ft. or slightly higher.  Many homes in Coral gardens also have private backyard swimming pools.

Coral Gardens in Stuart FL

Those wishing to find an affordable friendly Stuart community to call home might wish to consider Coral Gardens.  Click and explore on the interactive map below to see what a great location Coral Gardens offers.

Coral Gardens in Stuart FL Coral Gardens in Stuart FL

Search here for available Coral Gardens homes for sale

Coral Gardens in Stuart FL June 2019 Market Report

Little Ocean Club on Hutchinson Island June 2019 Market Report

Little Ocean Club on Hutchinson Island June 2019 Market Report

As of June 2019, there are no condos on the market in the Little Ocean Club on Hutchinson Island in Stuart FL.

There are also no condos currently under contract.

In the past 12 months, only 1 condo has sold.  The sales price was $240,000 which is $199.34 per sq. ft. of living area.  This condo sold for 96% of list price and it was on the market for 131 days before it went under contract.

About the Little Ocean Club Condos on Hutchinson Island:

Little Ocean Club Condos on Hutchinson Island in Stuart FL

The Little Ocean Club Condos of Hutchinson Island in Stuart FL is a small condo community of 25 units that were built in 1969.  This direct Ocean access condo community features 23 two bedroom, 2 bath condos of 1,204 sq. ft. of living area and 2 very special 3 bedroom, 3 bath units with 1,815 sq. ft. under air.

Little Ocean Club Condos on Hutchinson Island in Stuart FL

The little Ocean Club has direct Ocean access across the Dunes and a heated pool.  Reserved parking, as well as overflow parking, is available across the street on A-1-A.  Condo owners in the Little Ocean Club have access to the boat docks in the Anglers Cove community (also across the street).

Little Ocean Club Condos on Hutchinson Island in Stuart FL

1 small pet is permitted in the Little Ocean Club and rentals are also allowed.  Rentals are also allowed with restrictions.

Little Ocean Club Condos on Hutchinson Island Little Ocean Club Condos on Hutchinson Island

Conveniently located close to the Stuart Causeway, Publix supermarket, downtown Stuart.

Search here for any Little Ocean Club Condos for Sale

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider:
Angler CoveBeachwood VillasButtonwoodDune CondominiumFairwinds CoveGreen Turtle CoveHutchinson HouseIndian River Plantation CondosIslander 12Jensen Beach ClubLittle Ocean ClubLittle Ocean PlaceMaritimesOcean ViewSailfish PointSandpebbleSeasideSuntide

Little Ocean Club on Hutchinson Island June 2019 Market Report

Parkwood Real Estate in Stuart FL June 2019 Market Report

Parkwood Real Estate in Stuart FL June 2019 Market Report

For June 2019, there are 4 homes for sale in the Parkwood real estate community of Stuart, FL.  List prices range from $224,900 up to $329,800.  This is an average list price of $284,650 which works out to $203.81 per sq. ft. of living area.

There are 2 homes under contract. The list prices were $324,900 and $334,000.  This works out to an average list price of $329,450 which is $196.23 per sq. ft. of living area. These homes averaged only 9 days on the market prior to going under contract.

In the past 12 months, 9 homes have sold.  Sales prices ranged from $213,000 up to $324,900.  This equals an average sale price of $258,433 or $172.54 per sq. ft. of living area.  These homes were on the market for an average of 57 days before going under contract and sales prices averaged 97% of list price.

About Parkwood in Stuart FL:

Parkwood in Stuart FL

The Parkwood community is a non-gated subdivision of 193 homes located south of Cove Road and west of US-1 (Federal Highway) in the southern part of Stuart and north of Hobe Sound in unincorporated Martin County.

This family-friendly community has a community pool and is pet-friendly.  Great location, close to shopping on US-1 as well as easy access to I-95 on Cove Rd. and just minutes to Martin Memorial Hospital South on Salerno Rd.  This location also has easy access to boating in Port Salerno and the beaches either on Jupiter Island or Stuart.

Parkwood in Stuart FL

Homes are modest sizes ranging from 2 bedrooms, 2 bathrooms up to 4 bedrooms and 3 bathrooms with interior living areas ranging from just over 1,150 sq. ft. to 2,200 sq. ft. plus garages.

HOA fees (as of May 2019) are $40 per month and include maintenance and insurance for the community pool and common areas.

Parkwood in Stuart FL Parkwood in Stuart FL

Children living in Parkwood are zoned to attend the Seawind Elementary School, Murray Middle School, and the South Fork High School.

Parkwood in Stuart FL Parkwood Homes in Stuart FL

Parkwood is an affordable community that allows residents to enjoy the wonderful amenities that Martin County and South Florida has to offer.

Parkwood Real Estate in Stuart FL June 2019 Market Report

Stuart FL 34996 Condo Market Report May 2019

Stuart FL 34996 Condo Market Report May 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for May 2019

For May 2019 in the 34996 Zip Code area of Stuart, Florida :

There are currently 129 active condo listings (Up by 5 condos from last month).

Stuart FL 34996 Condo Market Report May 2019

47 Condo sales are pending and awaiting close or lender approval (Down by 11 condos from April).

Stuart FL 34996 Condo Market Report May 2019

31 Condos Sold in May (Down by 14 condos from April) 

Stuart FL 34996 Condo Market Report May 2019

The Stuart FL 34996 Condo Market of Stuart returned to a bit more sustainable activity levels for May after an exceptionally strong April.  This condo market remains very active and healthy.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 4.2 months from April’s 2.8 months. Still a strong seller’s market for this segment of Martin County condos but not as extreme as last month.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for May 2018 were: 118 active listings, 46 pending sales, and 40 closed sales.  Better closed sales last year, otherwise pretty similar results.

Stuart FL 34996 Condo Market Report May 2019

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for condos for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Condo Market Report May 2019