Stuart Florida 34994 Residential Market Report June 2019

Stuart Florida 34994 Residential Market Report June 2019

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for June 2019

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

There are currently 86 active listings (Up by 9 homes from May)

Stuart Florida 34994 Residential Market Report June 2019

29 Residential sales are pending and awaiting close or lender approval (Decreased by 15 homes from last month).

Stuart Florida 34994 Residential Market Report June 2019

27 Homes Sold in June (Increased by 7 homes from May)

Stuart Florida 34994 Residential Market Report June 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues to show strong activity for June.  The drop in pending sales this month indicates that we may see a little softening for the closed sales numbers in the coming months.

The one-month absorption rate for the 34994 zip code for May dropped to 3.2 months from 3.9 months for May.  Remaining in a very strong seller’s market t for the 34994 zip code area of Stuart, FL   A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The June 2018 numbers were 69 Active Listings, 28 pending sales, and 17 closed sales.  Better closed sales activity and slightly better pending activity with a greater inventory of available homes for sale.

Stuart Florida 34994 Residential Market Report June 2019

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Stuart Florida 34994 Residential Real Estate Market Report June 2019

Oceana Oceanfront and North Condos July 2019 Market Report

Oceana Oceanfront and North Condos July 2019 Market Report

For July 2019 there are 9 condos for sale in Oceana (I and II aka Oceana Oceanfront) in Jensen Beach FL on Hutchinson Island. List prices range from $244,500 up to $429,000. This is an average list price of $310,778 which equals $303.52 per sq. ft. of living space.

There are 2 condos currently under contract. List prices were $244,500 and $329,000. This works out to an average list price of $286,750 which equals $296.79 per sq. ft. of living space. These condos averaged 4 days on the market before going under contract.

In the past 12 months, 18 condos have sold. Sales prices ranged from $171,000 up to $394,000. This equals an average sales price of $261,442 which works out to $256.62 per sq. ft. of living space. These condos sold for an average of 95% of list price and averaged 126 days on the market before going under contract.

About the Oceana Oceanfront and North Condos:

Oceana North and Oceanfront Condos in Jensen Beach

The Oceana North Condos are also known as Oceana Oceanfront and are located at 9900 and 9940 S Ocean Drive in Jensen Beach FL on Hutchinson Island in Saint Lucie County.

Oceana North and Oceanfront Condos in Jensen Beach Oceana North and Oceanfront Condos in Jensen Beach

Oceana I was built in 1975 and is a 12 story building with 125 condos, while Oceana II was completed in 1980 with 16 stories and 160 units. Oceana II has two penthouse units with 3 bedrooms and 3 baths with a spacious 2,092 sq. ft. of living area. Also in building II, there are a few 2 bedroom 3 bath condos with 1,421 sq. ft. The remaining condos in both Oceana I and II are either 2 bedroom, 2 bath residences with 1,129 or 1,023 sq. ft. and some 1 bedroom, 2 bath condos with 899 sq. ft.

There are two pools and private beach access, along with BBQ grilling areas as well as gated entries and vehicle was areas.

Oceana North and Oceanfront Condos in Jensen Beach Oceana North and Oceanfront Condos in Jensen Beach

Both buildings share a large clubhouse with fitness and game room, kitchen and bar and a large social area. 1 small pet is allowed as well as rentals with a 3-month minimum lease restriction. There are four tennis courts directly across the street as well as 2 RV/Boat parking areas. Trucks are also allowed.

Oceana North and Oceanfront Condos in Jensen Beach Oceana North and Oceanfront Condos in Jensen Beach

Condo fees range from $425 to $590 per month depending on the size and location of the condo. These fees cover Basic Cable TV, Common Areas, Elevator, Exterior Electric, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Janitor, Laundry Facilities, Lawn Care, Manager, Parking, Pest Control, Pool Service, Recreational Facilities, Reserve Funds, Roof Maintenance, Security, Signs, Trash Removal and Water.

Oceana North Condos in Jensen Beach

Click on this link to search for available Oceana North Condos in Jensen Beach

Here are all the available Oceana Condos in Jensen Beach on Hutchinson Island

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AdmiralAtlantisClaridgeDune WalkEmpressIsland ClubIsland CrestIsland DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana OceanfrontOceana SouthOcean TowersOceanriseOcean Bay VillasPrincessRegencySand Dollar ShoresSea WindsVilla del Sol

Oceana Oceanfront and North Condos July 2019 Market Report

Osprey Cove in Hobe Sound July 2019 Market Report

Osprey Cove in Hobe Sound July 2019 Market Report

There are 4 homes currently for sale in Osprey Cove in Hobe Sound, FL.  The list prices range from $579,000 up to $841,500. This is an average list price of $652,600 or $227.69 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 7 Osprey Cove homes have sold with sales prices ranging from $550,000 up to $970,000. This equals an average sale price of $637,857 which works out to $221.05 per sq. ft. of living area. These homes averaged 109 days on the market before going under contract and sales prices averaged 96% of list price.

About Osprey Cove in Hobe Sound:

Osprey Cove in Hobe Sound

Osprey Cove in Hobe Sound, Florida is a waterfront community off of Gomez Avenue in the vibrant Hobe Sound area of Martin County, Florida. Also known as the Osprey Cove Yacht Club. It boasts 32 deep water boat slips just off the Intracoastal Waterway. There are only 86 homes in this gated community that broke ground in late 2000 with homes being completed from 2000 through 2006. Homes range in size from 3 bedrooms, 3 bathrooms, 2 car garage homes of 2,230 sq. ft. to 5 bedrooms, 4 and 1/2 bathrooms, 3 car garage pool homes of over 4,000 sq. ft. of living area. There’s also a community pool and tennis court available to all residents. The HOA fees in Osprey Cove are a very reasonable $215.00 a month.

Osprey Cove in Hobe Sound

For boaters, the docks are approximately 5 miles from the Saint Lucie Inlet of Martin County and just under 10 miles from the Jupiter Inlet in Palm Beach County. All Osprey Cove residents enjoy easy access to shopping, restaurants and the pristine beaches of Jupiter Island in Martin County.

Osprey Cove in Hobe Sound

For families, the Martin County School District is one of the highest rated in Florida and children attend the Hobe Sound elementary school, Murray middle school, and South Fork high school. There are also a number of excellent private schools located nearby, including the Pine School.

Osprey Cove in Hobe Sound

You can find additional information at the Osprey Cove in Hobe Sound Homeowner’s Association web page.

Osprey Cove in Hobe Sound

For any questions you may have about Osprey Cove in Hobe Sound, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Osprey Cove in Hobe Sound

Hobe Sound Florida Real Estate

Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Osprey Cove in Hobe Sound July 2019 Market Report

St Lucie County Townhouses and Condos May 2019 Market Report

St Lucie County Townhouses and Condos May 2019 Market Report

The St Lucie County Townhouses and Condos May 2019 Market Report reversed the gains it showed in April for May with weaker closed sales when compared to last month and last year.  Closed sales were down by 17.7% from last year (were up by 12.3% in April) while new pending sales were up by 11.7% for May (they were down by 11.2% in April).

Prices also declined for May.  The median price decreased by 5.4% from last year (was up by 13.3% in April) while the average sales price decreased by 0.9% (was up by 10.7% in April).

The inventory of available townhouses and condos decreased by 30 units from last month to 587 units, which is still 10.5% greater than May 2018. The current inventory is 5.8 months, as compared to 5.1 months of inventory last year.  The St Lucie County townhouses and condos market slipped back into a slight seller’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos May 2019 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos May 2019 Market Report

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

St Lucie County Townhouses and Condos May 2019 Market Report

Lake Tuscany Real Estate Update in Stuart FL July 2019

Lake Tuscany Real Estate Update in Stuart FL July 2019

As of July 2019, there are 3 homes available for sale in Lake Tuscany in Stuart FL.   These homes are listed with prices from $384,000 up to $559,900.  This is an average list price of $451,300 or $150.24 per square foot of living area.

There are no homes currently under contract.

In the past 12 months, 6 homes have sold in Lake Tuscany.  The sales prices ranged from $360,000 up to $543,250. This works out to an average sales price of $462,375 which equals $155.67 per sq. ft. of living area. These homes took an average of 37 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 $108.00 per month. These fees cover security, the common areas and lake upkeep, basic cable, trash collection and front landscaping. The Lake Tuscany property owners website 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 2019, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Lake Tuscany in Stuart Florida

Lake Tuscany Real Estate Update in Stuart FL July 2019