Stuart FL 34994 Condo Market Report June 2018

Stuart FL 34994 Condo Market Report June 2018 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for June 2018

For June 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 83 active condo listings (Up by 2 condos from May).

Stuart FL 34994 Condo Market Report June 2018

55 Condo sales are pending and awaiting close or lender approval. (Decreased by 13 condos from last month) 

Stuart FL 34994 Condo Market Report June 2018

25 Condos Sold in May (Decreased by 9 condos from May).

Stuart FL 34994 Condo Market Report June 2018

The Stuart FL 34994 Condo market continues to show very strong activity.  Not quite as strong as last month, but still a ver active seller’s market.  We could use a greater inventory of condos for sale.

The absorption rate for May rose to 3.3 months compared to last month’s 2.4.  Remaining in a strong seller’s market for this condo segment of Stuart’s 34994 zip code area after one month of a seller’s market.  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 June the numbers were 90 active listings, 39 pending sales, and 21closed sales.  The activity for this condo segment of the Stuart market remains more active when compared to last June.

Stuart FL 34994 Condo Market Report June 2018

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Stuart FL 34994 Condo Market Report June 2018 

 

Affordable Jensen Beach Condo in Beacon 21 Under Contract

Affordable Jensen Beach Condo in Beacon 21 Under Contract

This condo was listed for $85,000 and was available for only 3 days before receiving multiple offers and going under contract.

A wonderfully located 2 bedroom, 2 bathroom condo in Beacon 21 in Jensen Beach FL.  This is a 55+ community with access to a community marina that offers ocean access slips for lease.  This is also a pet-friendly building with one pet allowed.  The “B” section of Beacon 21 has an open patio for barbecuing as well as an additional storage area and a coin-operated laundry room.   One assigned covered parking spot and additional guest parking is available. There is a clubhouse, community pool, tennis and shuffleboard courts for residents to enjoy an active lifestyle.  Beacon 21 is located within a few minutes’ drive to the Intracoastal Waterway as well as the beaches, shopping and restaurants. This large and open furnished condo is available for immediate occupancy.

Beacon 21 B-16 Condo for Sale Jensen Beach Beacon 21 B-16 Condo for Sale Jensen Beach

About the Beacon 21 Condos in Jensen Beach:

Beacon 21 in Jensen Beach is a low rise condominium development in Jensen Beach FL locate just north of the Saint Lucie River and off of NE Dixie Highway (State Road 707).  This complex contains numerous types of condo buildings that were first built in 1973 and the last phase was completed in 1993.

Beacon 21 B-16 Condo for Sale Jensen Beach Beacon 21 B-16 Condo for Sale Jensen Beach

There are sections in Beacon 21 that are age restricted to 55 and over while other sections are open to all ages.  There are just over 270 individual condos with most of them being two bedrooms and all but a few having 2 bathrooms as well.  These condos come in sizes ranging from 826 sq. ft. of interior living area up to 1,440.

Most of Beacon 21’s sections are pet-friendly allowing for one medium sized pet with some areas allowing up to 2.  Rentals are also permitted with some restrictions.

Beacon 21 B-16 Condo for Sale Jensen Beach Beacon 21 B-16 Condo for Sale Jensen Beach

There are three pools and three tennis courts as well as a clubhouse and shuffleboard courts for Beacon 21.  And, as a bonus, there is dockage for smaller boats (up to 21’) with ocean access.  These docks are available for lease at very reasonable rates when available on a first come first served basis for owners in the Beacon 21 complex.

HOA fees vary from $327.00 to $450.00 a month depending on the location of the condo (As of June 2017).  Children living in Beacon 21 currently attend the Felix A Williams elementary school, Stuart middle school and the Jensen beach high school.

This complex is well located only minutes from the beaches, rivers and shopping areas of Jensen Beach and Stuart FL.

Search for available Beacon 21 condos in Jensen Beach

For more information about Jensen Beach FL real estate please visit https://www.gabesanders.com/area/jensen-beach

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Affordable Jensen Beach Condo in Beacon 21 Under Contract

Lake Tuscany Real Estate Update in Stuart FL July 2018

Lake Tuscany Real Estate Update in Stuart FL July 2018

As of July 2018, there are 2  homes available for sale in Lake Tuscany in Stuart FLwith listing prices of $469,900 and $485,000 for an average list price of $477,450 which is an average price per square foot of living area of $133.37.

There is 1 home currently under contract.  This home was listed for $460,315 or $184.57 per sq. ft. of living area and was on the market for only 9 days prior to going under contract.

In the past 12 months, 8 homes have sold in Lake Tuscany ranging in sales price from $370,000 up to $470,000 for an average sales price of $428,063 which equals $151.17 per sq. ft. of living area.  These homes took an average of 117 days on market to go under contract and sold at 97% of list price.

About Lake Tuscany in Stuart Florida:

Lake Tuscany in Stuart Florida

Lake Tuscany in Stuart FL is a newer subdivision just to the west of I-95 in Martin County, Florida.  The homes in Lake Tuscany were mostly completed between 2004 to 2005.  This attractive subdivision is set up with a gated entrance and all 98 homes in Lake Tuscany are on Panther Trace which makes a large circle around the lake in the center.  Homes range from 3 Bedroom, 3 Bath or 4 BR 2 Baths of around 2100 sq. ft. of living area to spacious 6 Bedroom, 4 Bathroom 2 story homes with lofts and theater rooms with pools by the lakeside along with 3 car garages.  All are high-quality homes built by local builder Mercedes Homes.

Lake Tuscany real estate Stuart FL Lake Tuscany real estate Stuart FL

Lake Tuscany boasts lush landscaping and very reasonable Home Owner’s Association fees of $398 per quarter.  These fees cover security, the common areas and lake upkeep, basic cable, trash collection and front landscaping.  The Lake Tuscany property owners web site is located at this site.

Lake Tuscany real estate Stuart FL Lake Tuscany real estate Stuart FL

Families in Lake Tuscany enjoy Martin County’s ‘A’ rated schools in the following schools: Crystal Lake Elementary, David L Anderson Middle School and South Fork High School.  Shopping is only minutes away and there’s easy access to Martin County’s waterways and just a short drive to the many public beaches.

Lake Tuscany in Stuart Florida

 Lake Tuscany real estate Stuart FL

Search here for currently available Lake Tuscany real estate in Stuart FL

For any questions you may have about Lake Tuscany Real Estate Update in Stuart FL July 2018, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

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Lake Tuscany in Stuart Florida

Lake Tuscany Real Estate Update in Stuart FL July 2018

Gabe’s July 2018 Housing Trends eNewsletter

Housingtrends eNewsletter 4

Gabe’s July 2018 Housing Trends eNewsletter

Welcome to our current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you July find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.

Please click on this link to view Gabe’s July 2018 Housing Trends eNewsletter.

The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.

Housing Trends eNewsletter is filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, consumer videos, blogs, real estate glossary, mortgage rates and calculators, consumer articles, and REALTOR.com local community reports.

If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report:

http://martincountyflorida.housingtrendsenewsletter.com/dispContent.cfm?loadid=2&loadtype=0

Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you July have and to the opportunity to be your REALTOR® in the future.

This housing trends newsletter is updated monthly and I’ll post a notice here when the latest version is online. (Click on the image below to view the newsletter)

 Gabe's July 2018 Housing Trends Newsletter

Gabe’s July 2018 Housing Trends eNewsletter

Archipelago of Sewalls Point July 2018 Market Report

Archipelago of Sewalls Point July 2018 Market Report

For July 2018 there are 3 homes available for purchase in the Archipelago of Sewalls Point.  The list prices range from $795,000 up to $1,695,000 for an average list price of $1,161,667 or $353.28 per sq. ft. of living area.

There are no homes are currently under contract.

In the past 12 months, there also have been no sales in the Archipelago of Sewalls Point.

Aerial of the Archipelago of Sewalls Point

Located in the prestigious town of Sewalls Point, Florida the Archipelago is a non-gated neighborhood of all waterfront homes with access to the crystal clear waters of the Atlantic Ocean through the Saint Lucie Inlet in Martin County, Florida.  All the homes in the Archipelago are on either the wide waters of the Indian River or located on deep water canals.  The Saint Lucie Inlet to the Atlantic is less than two miles away by water.  Access is maintained by dredging all Archipelago waterways to 6’.  Homes range from modest older frame homes to spectacular estate lots with magnificent views.

 View of the Archipelago of Sewalls Point

View of the Archipelago of Sewalls Point

The link below will take you to all currently available Archipelago homes in Sewalls Point, Florida

Search for Archipelago Homes for Sale

 

View all of our Listings

 

Sewalls Point  Real Estate is presented by:

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July 2018 Archipelago Real Estate of Sewalls Point Market Report